DOWLING & PARTN Estimates RenaissanceRe FY2026 Earnings

RenaissanceRe Holdings Ltd. (NYSE:RNR) – Equities research analysts at DOWLING & PARTN boosted their FY2026 EPS estimates for RenaissanceRe in a research report issued to clients and investors on Wednesday, October 7th. DOWLING & PARTN analyst N. Iacoviello now forecasts that the insurance provider will post earnings of $44.00 per share for the year, up from their prior estimate of $40.00. The consensus estimate for RenaissanceRe’s current full-year earnings is $44.21 per share.

RNR has been the subject of a number of other research reports. Mizuho boosted their price objective on shares of RenaissanceRe from $325.00 to $329.00 and gave the company a “neutral” rating in a report on Thursday, July 9th. TD Cowen raised their target price on shares of RenaissanceRe from $315.00 to $320.00 and gave the stock a “hold” rating in a report on Monday. Bank of America lifted their price target on shares of RenaissanceRe from $410.00 to $438.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. UBS Group set a $349.00 price target on shares of RenaissanceRe and gave the company a “neutral” rating in a research report on Monday, July 27th. Finally, Jefferies Financial Group upgraded RenaissanceRe from a “hold” rating to a “market outperform” rating in a research note on Tuesday, September 22nd. Six analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, RenaissanceRe has a consensus rating of “Hold” and an average price target of $337.50.

RenaissanceRe Price Performance

Shares of RenaissanceRe stock opened at $338.83 on Monday. RenaissanceRe has a twelve month low of $231.17 and a twelve month high of $341.57. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 0.21. The company has a 50-day simple moving average of $325.89 and a two-hundred day simple moving average of $312.77. The stock has a market capitalization of $14.08 billion, a price-to-earnings ratio of 5.81, a price-to-earnings-growth ratio of 0.95 and a beta of 0.12.

RenaissanceRe (NYSE:RNR) last released its quarterly earnings results on Tuesday, June 30th. The insurance provider reported $12.92 EPS for the quarter. RenaissanceRe had a net margin of 23.65% and a return on equity of 23.10%. The business had revenue of $2.77 billion for the quarter.

RenaissanceRe Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, September 15th. RenaissanceRe’s payout ratio is 2.81%.

Insider Buying and Selling

In related news, EVP Robert Qutub sold 5,000 shares of the business’s stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $333.03, for a total value of $1,665,150.00. Following the completion of the transaction, the executive vice president owned 72,907 shares of the company’s stock, valued at $24,280,218.21. The trade was a 6.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.30% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On RenaissanceRe

Several hedge funds have recently bought and sold shares of RNR. Wedmont Private Capital raised its holdings in RenaissanceRe by 61.3% in the 3rd quarter. Wedmont Private Capital now owns 1,944 shares of the insurance provider’s stock valued at $644,000 after buying an additional 739 shares during the last quarter. GAMMA Investing LLC boosted its position in RenaissanceRe by 16.1% during the 3rd quarter. GAMMA Investing LLC now owns 2,962 shares of the insurance provider’s stock worth $943,000 after buying an additional 411 shares during the period. Farther Finance Advisors LLC boosted its position in RenaissanceRe by 88.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,547 shares of the insurance provider’s stock worth $811,000 after buying an additional 1,199 shares during the period. Elevation Wealth Partners LLC grew its holdings in RenaissanceRe by 90.0% during the 3rd quarter. Elevation Wealth Partners LLC now owns 95 shares of the insurance provider’s stock worth $30,000 after acquiring an additional 45 shares during the last quarter. Finally, Wealth Enhancement Trust Services Inc. grew its holdings in RenaissanceRe by 106.3% during the 3rd quarter. Wealth Enhancement Trust Services Inc. now owns 260 shares of the insurance provider’s stock worth $83,000 after acquiring an additional 134 shares during the last quarter. 99.97% of the stock is owned by institutional investors.

About RenaissanceRe

RenaissanceRe Holdings Ltd. is a Bermuda-based global provider of reinsurance and insurance solutions. Founded in 1993, the company focuses on managing and underwriting risks that can be difficult to place in traditional insurance markets, with an emphasis on disciplined underwriting and catastrophe risk management.

RenaissanceRe’s business includes property catastrophe reinsurance, which provides coverage for events such as hurricanes, earthquakes and other natural disasters, as well as property, casualty and specialty reinsurance.