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After finishing at $259.06 in the prior trading day, RenaissanceRe Holdings Ltd (NYSE: RNR) closed at $236.89, down -8.56%. In other words, the price has decreased by -$8.56 from its previous closing price. On the day, 1.65 million shares were traded. RNR stock price reached its highest trading level at $245.385 during the session, while it also had its lowest trading level at $235.22.
Ratios:
Our goal is to gain a better understanding of RNR by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.18.
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 the company, Barclays on January 06, 2025, Downgraded its rating to Underweight and sets its target price to $234 from $284 previously.
On December 18, 2024, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $304 to $282.
On September 05, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $287.Barclays initiated its Equal Weight rating on September 05, 2024, with a $287 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 11887377408 and an Enterprise Value of -7152730112. As of this moment, RenaissanceRe’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.76, and their Forward P/E ratio for the next fiscal year is 6.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.06 while its Price-to-Book (P/B) ratio in mrq is 1.17. Its current Enterprise Value per Revenue stands at -0.565.
Stock Price History:
The Beta on a monthly basis for RNR is 0.44, which has changed by 0.061430216 over the last 52 weeks, in comparison to a change of 0.23095727 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 -9.38%, while the 200-Day Moving Average is calculated to be -3.85%.
Shares Statistics:
The stock has traded on average 484.78K shares per day over the past 3-months and 631110 shares per day over the last 10 days, according to various share statistics. A total of 51.94M shares are outstanding, with a floating share count of 49.61M. Insiders hold about 4.49% of the company’s shares, while institutions hold 97.40% stake in the company. Shares short for RNR as of 1736899200 were 1699235 with a Short Ratio of 3.51, compared to 1734048000 on 1976208. Therefore, it implies a Short% of Shares Outstanding of 1699235 and a Short% of Float of 3.74.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.82. The current Payout Ratio is 4.36% for RNR, which recently paid a dividend on 2024-12-13 with an ex-dividend date of 1734048000. Stock splits for the company last occurred on 2002-05-31 when the company split stock in a 3:1 ratio.
