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The closing price of RenaissanceRe Holdings Ltd (NYSE: RNR) was $253.81 for the day, down -9.25% from the previous closing price of $279.69. In other words, the price has decreased by -$9.25 from its previous closing price. On the day, 0.99 million shares were traded. RNR stock price reached its highest trading level at $275.37 during the session, while it also had its lowest trading level at $251.5.
Ratios:
Our analysis of RNR’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.19.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Barclays on September 05, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $287.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 04 ’24 when Marra David E bought 1,000 shares for $279.00 per share.
Marra David E sold 1,000 shares of RNR for $279,000 on Oct 04 ’24. The EVP,Chief Underwriting Officer now owns 82,044 shares after completing the transaction at $279.00 per share. On Sep 26 ’24, another insider, Marra David E, who serves as the EVP,Chief Underwriting Officer of the company, sold 1,000 shares for $269.00 each. As a result, the insider received 269,000 and left with 83,044 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 13237638144 and an Enterprise Value of -5804350976. As of this moment, RenaissanceRe’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.02, and their Forward P/E ratio for the next fiscal year is 7.12. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.27 while its Price-to-Book (P/B) ratio in mrq is 1.41. Its current Enterprise Value per Revenue stands at -0.55.
Stock Price History:
The Beta on a monthly basis for RNR is 0.39, which has changed by 0.23238647 over the last 52 weeks, in comparison to a change of 0.3069358 over the same period for the S&P500. Over the past 52 weeks, RNR has reached a high of $279.76, while it has fallen to a 52-week low of $188.24. The 50-Day Moving Average of the stock is 1.05%, while the 200-Day Moving Average is calculated to be 10.96%.
Shares Statistics:
RNR traded an average of 310.93K shares per day over the past three months and 362220 shares per day over the past ten days. A total of 52.69M shares are outstanding, with a floating share count of 49.82M. Insiders hold about 4.48% of the company’s shares, while institutions hold 95.49% stake in the company. Shares short for RNR as of 1726185600 were 1537422 with a Short Ratio of 4.94, compared to 1723680000 on 1291227. Therefore, it implies a Short% of Shares Outstanding of 1537422 and a Short% of Float of 3.37.
Dividends & Splits
With its trailing 12-month dividend rate of 1.54, RNR has a forward annual dividend rate of 1.55. Against a Trailing Annual Dividend Yield of 0.005506096The stock’s 5-year Average Dividend Yield is 0.82. The current Payout Ratio is 2.91% for RNR, which recently paid a dividend on 2024-09-13 with an ex-dividend date of 1726185600. Stock splits for the company last occurred on 2002-05-31 when the company split stock in a 3:1 ratio.
