Q3 EPS Estimates for RenaissanceRe Boosted by Zacks Research

RenaissanceRe Holdings Ltd. (NYSE:RNR) – Analysts at Zacks Research boosted their Q3 2026 earnings per share estimates for shares of RenaissanceRe in a research report issued to clients and investors on Monday, August 10th. Zacks Research analyst Team now forecasts that the insurance provider will post earnings per share of $5.93 for the quarter, up from their previous estimate of $4.77. The consensus estimate for RenaissanceRe’s current full-year earnings is $41.94 per share. Zacks Research also issued estimates for RenaissanceRe’s FY2026 earnings at $41.20 EPS, Q3 2027 earnings at $6.89 EPS and Q4 2027 earnings at $9.75 EPS.

Several other brokerages have also issued reports on RNR. Bank of America boosted their price objective on RenaissanceRe from $410.00 to $438.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Barclays lifted their price target on shares of RenaissanceRe from $328.00 to $341.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 7th. Wells Fargo & Company upped their price target on shares of RenaissanceRe from $306.00 to $329.00 and gave the company an “equal weight” rating in a report on Thursday, July 9th. Evercore set a $330.00 price objective on shares of RenaissanceRe in a research report on Thursday, July 23rd. Finally, JPMorgan Chase & Co. raised their price objective on shares of RenaissanceRe from $329.00 to $360.00 and gave the stock a “neutral” rating in a report on Monday, July 20th. Five equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $336.33.

RenaissanceRe Trading Down 0.6%

NYSE RNR opened at $316.47 on Wednesday. RenaissanceRe has a one year low of $231.17 and a one year high of $335.97. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.38 and a quick ratio of 1.38. The firm has a market cap of $13.15 billion, a P/E ratio of 5.43, a P/E/G ratio of 1.17 and a beta of 0.17. The stock’s 50-day moving average is $312.68 and its 200-day moving average is $302.84.

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

Institutional Trading of RenaissanceRe

Hedge funds and other institutional investors have recently made changes to their positions in the business. Kingdom Financial Group LLC. bought a new position in RenaissanceRe in the fourth quarter valued at $36,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in RenaissanceRe in the 2nd quarter valued at $42,000. Quarry LP lifted its position in RenaissanceRe by 65.0% during the 3rd quarter. Quarry LP now owns 132 shares of the insurance provider’s stock worth $34,000 after buying an additional 52 shares in the last quarter. CIBC Private Wealth Group LLC lifted its position in RenaissanceRe by 235.0% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 134 shares of the insurance provider’s stock worth $34,000 after buying an additional 94 shares in the last quarter. Finally, Mcguire Capital Advisors Inc. acquired a new position in shares of RenaissanceRe during the 4th quarter worth about $38,000. 99.97% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other RenaissanceRe news, EVP Robert Qutub sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $333.03, for a total transaction 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. This represents a 6.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 2.30% of the company’s stock.

RenaissanceRe Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given 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 is Tuesday, September 15th. RenaissanceRe’s dividend payout ratio (DPR) is currently 2.81%.

More RenaissanceRe News

Here are the key news stories impacting RenaissanceRe this week:

• Positive Sentiment: Zacks raised its Q3 2026 EPS estimate to $5.93 from $4.77 and increased its FY2026 forecast to $41.20 from $38.39. The firm also lifted its Q3 2027 estimate to $6.89 from $5.51, suggesting improved expectations for selected periods.
• Neutral Sentiment: Zacks maintained a current full-year earnings consensus of $41.94 per share. RNR recently reported quarterly EPS of $12.92 on $2.77 billion in revenue, with a 23.65% net margin and 23.10% return on equity. Shares remain near their 52-week high, which may limit the impact of favorable estimate changes.
• Negative Sentiment: Zacks lowered its FY2027 EPS forecast to $39.40 from $39.94 and reduced estimates for Q4 2026, Q1 2027, Q2 2027, Q1 2028, Q2 2028 and FY2028. The largest cuts included Q2 2027, reduced to $12.06 from $12.77, and Q4 2027, reduced to $9.75 from $10.52.
• Negative Sentiment: The broad downward revisions to later-period earnings point to concerns about RenaissanceRe’s future profit trajectory, even though some 2026 and Q3 2027 estimates improved. This mixed outlook helps explain why the stock has decreased.

About RenaissanceRe

RenaissanceRe Holdings Ltd. is a global provider of reinsurance and insurance solutions, specializing in property catastrophe, casualty, and specialty lines. Established in 1993 and headquartered in Bermuda, the company trades on the New York Stock Exchange under the symbol RNR. With a focus on underwriting and risk assessment, RenaissanceRe offers tailored programs designed to help insurers and corporations manage exposure to natural disasters, liability claims, and other complex risks.

The company operates through two primary segments: Reinsurance and Insurance.