For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, RenaissanceRe Holdings Ltd (NYSE: RNR) closed at $227.94 down -5.01% from its previous closing price of $239.96. In other words, the price has decreased by -$5.01 from its previous closing price. On the day, 1.01 million shares were traded. RNR stock price reached its highest trading level at $235.03 during the session, while it also had its lowest trading level at $222.75.
Ratios:
For a deeper understanding of RenaissanceRe Holdings Ltd’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.27.
On January 06, 2025, Barclays Downgraded its rating to Underweight which previously was Equal Weight and also lowered its target price recommendation from $284 to $234.
Jefferies Downgraded its Buy to Hold on December 18, 2024, whereas the target price for the stock was revised from $304 to $282.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 15 ’25 when Marra David E bought 1,000 shares for $254.16 per share.
Marra David E sold 1,000 shares of RNR for $254,160 on Jan 15 ’25. The EVP,Chief Underwriting Officer now owns 79,392 shares after completing the transaction at $254.16 per share. On Nov 18 ’24, another insider, Klehm Henry III, who serves as the Director of the company, sold 1,747 shares for $257.61 each. As a result, the insider received 450,048 and left with 19,164 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RNR now has a Market Capitalization of 11089349632 and an Enterprise Value of -8786096128. As of this moment, RenaissanceRe’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.24, and their Forward P/E ratio for the next fiscal year is 6.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.89 while its Price-to-Book (P/B) ratio in mrq is 1.16. Its current Enterprise Value per Revenue stands at -0.697 whereas that against EBITDA is -3.205.
Stock Price History:
The Beta on a monthly basis for RNR is 0.34, which has changed by 0.04044187 over the last 52 weeks, in comparison to a change of 0.07545352 over the same period for the S&P500. Over the past 52 weeks, RNR has reached a high of $300.00, while it has fallen to a 52-week low of $208.98. The 50-Day Moving Average of the stock is -3.96%, while the 200-Day Moving Average is calculated to be -9.01%.
Shares Statistics:
For the past three months, RNR has traded an average of 537.06K shares per day and 493630 over the past ten days. A total of 49.00M shares are outstanding, with a floating share count of 46.61M. Insiders hold about 4.89% of the company’s shares, while institutions hold 102.25% stake in the company. Shares short for RNR as of 1743379200 were 1286574 with a Short Ratio of 2.40, compared to 1740700800 on 1388015. Therefore, it implies a Short% of Shares Outstanding of 1286574 and a Short% of Float of 2.6800001.
Dividends & Splits
According to the company, the forward annual dividend rate for RNR is 1.57, from 1.17 in the trailing year. Against a Trailing Annual Dividend Yield of 0.004875812The stock’s 5-year Average Dividend Yield is 0.81. The current Payout Ratio is 4.43% for RNR, which recently paid a dividend on 2025-03-14 with an ex-dividend date of 1741910400. Stock splits for the company last occurred on 2002-05-31 when the company split stock in a 3:1 ratio.
