Zacks Research Lowers Earnings Estimates for RenaissanceRe

RenaissanceRe Holdings Ltd. (NYSE:RNR) – Research analysts at Zacks Research lowered their Q1 2026 earnings per share estimates for shares of RenaissanceRe in a note issued to investors on Tuesday, February 17th. Zacks Research analyst Team now expects that the insurance provider will earn $10.86 per share for the quarter, down from their previous estimate of $11.44. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for RenaissanceRe’s current full-year earnings is $26.04 per share. Zacks Research also issued estimates for RenaissanceRe’s Q2 2026 earnings at $11.07 EPS, Q3 2026 earnings at $4.62 EPS, Q1 2027 earnings at $11.90 EPS, Q2 2027 earnings at $12.22 EPS, Q4 2027 earnings at $11.26 EPS and FY2027 earnings at $41.00 EPS.

Several other equities analysts have also issued reports on RNR. JPMorgan Chase & Co. lifted their price objective on shares of RenaissanceRe from $303.00 to $329.00 and gave the company a “neutral” rating in a report on Wednesday, January 7th. The Goldman Sachs Group reiterated a “sell” rating and issued a $267.00 price target on shares of RenaissanceRe in a report on Wednesday, January 7th. Keefe, Bruyette & Woods boosted their price target on RenaissanceRe from $314.00 to $323.00 and gave the stock a “market perform” rating in a research report on Monday, February 9th. Cantor Fitzgerald raised their price objective on RenaissanceRe from $252.00 to $282.00 and gave the company a “neutral” rating in a research report on Wednesday, January 14th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $303.00 target price on shares of RenaissanceRe in a research note on Friday, December 5th. Four investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $309.60.

RenaissanceRe Trading Down 1.1%

NYSE:RNR opened at $303.73 on Thursday. The firm has a 50-day simple moving average of $281.95 and a 200-day simple moving average of $262.50. RenaissanceRe has a one year low of $219.00 and a one year high of $315.88. The firm has a market cap of $13.21 billion, a P/E ratio of 5.36, a P/E/G ratio of 0.75 and a beta of 0.24. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.43 and a current ratio of 1.43.

RenaissanceRe (NYSE:RNR) last released its quarterly earnings data on Tuesday, February 3rd. The insurance provider reported $13.34 earnings per share for the quarter, beating the consensus estimate of $10.59 by $2.75. RenaissanceRe had a return on equity of 18.29% and a net margin of 20.88%.The firm had revenue of $2.97 billion during the quarter, compared to the consensus estimate of $1.73 billion. During the same period in the previous year, the company posted $8.06 earnings per share. The firm’s quarterly revenue was up 29.6% on a year-over-year basis.

RenaissanceRe Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be issued a $0.41 dividend. This is a boost from RenaissanceRe’s previous quarterly dividend of $0.40. This represents a $1.64 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Friday, March 13th. RenaissanceRe’s dividend payout ratio is 2.82%.

Insider Buying and Selling at RenaissanceRe

In related news, EVP Robert Qutub sold 5,000 shares of RenaissanceRe stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $305.75, for a total value of $1,528,750.00. Following the completion of the sale, the executive vice president directly owned 73,023 shares in the company, valued at $22,326,782.25. This trade represents a 6.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Hantz Financial Services Inc. grew its holdings in shares of RenaissanceRe by 707.1% during the second quarter. Hantz Financial Services Inc. now owns 113 shares of the insurance provider’s stock valued at $27,000 after buying an additional 99 shares during the last quarter. IFP Advisors Inc grew its stake in RenaissanceRe by 160.0% during the 2nd quarter. IFP Advisors Inc now owns 117 shares of the insurance provider’s stock valued at $28,000 after purchasing an additional 72 shares during the last quarter. Financial Consulate Inc. acquired a new position in shares of RenaissanceRe in the third quarter valued at about $29,000. Huntington National Bank raised its stake in shares of RenaissanceRe by 80.9% in the second quarter. Huntington National Bank now owns 123 shares of the insurance provider’s stock worth $30,000 after purchasing an additional 55 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings in shares of RenaissanceRe by 151.9% during the third quarter. Farther Finance Advisors LLC now owns 131 shares of the insurance provider’s stock worth $33,000 after purchasing an additional 79 shares during the period. Hedge funds and other institutional investors own 99.97% of the company’s stock.

RenaissanceRe Company Profile

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.