Stock Price & Analysis

Based on the current market data and recent analyst ratings, RenaissanceRe (RNR) shows mixed signals:

Technical Analysis The stock is currently trading at $234.02, down 2.30% in today's regular session. The RSI-14 reading of 37.31 indicates the stock is approaching oversold territory but hasn't reached extreme levels yet.

Recent Analyst Actions Several prominent analysts have recently adjusted their views:

• Meyer Shields (KBW) maintains Buy with $294 PT (26.5% upside)
• Michael Phillips (Morgan Stanley) maintains Hold with $245 PT (5.3% upside)
• Elyse Greenspan (Wells Fargo) maintains Buy with $277 PT (16.2% upside)
• Alex Scott (Barclays) downgraded to Sell with $234 PT (-5.8% upside)

Key Concerns

• Property catastrophe pricing decreases expected
• Challenging reserving and pricing narratives in Casualty & Specialty segment
• Earnings pressures across property catastrophe related to pricing reductions
• Higher expected loss ratios in casualty segment

Positive Factors

• Strong Q3 2024 performance with revenue of $3.75B and net profit of $1.18B
• Solid analyst coverage with several maintaining Buy ratings
• Track record of special dividend payments (last year's special dividend was $7/share)

Conclusion Given the current technical indicators showing weakness and mixed analyst sentiment leaning slightly bearish in recent weeks, it would be prudent to HOLD RNR stock at current levels rather than initiating new positions. The stock appears to be in a consolidation phase with more downside risk in the near term due to industry pricing pressures.

Based on the provided data and market context, here is the price prediction analysis for RNR stock in 2025:

RenaissanceRe Holdings (RNR) stock is expected to reach $285-290 by end of 2025, representing about 22% upside from current price of $234.02. This projection is supported by several key factors:

The company has demonstrated strong execution with consistent earnings beats in recent quarters, including beating consensus estimates by 29.66% in Q3 2024. Additionally, analysts maintain a consensus price target of $284.70, indicating significant upside potential.

The technical analysis shows the stock is currently in a consolidation phase after pulling back from recent highs, with strong support around $230-235 level. The RSI at 37.31 suggests the stock is approaching oversold territory, potentially setting up for a bounce.

The S1 support level for RNR Stock is $230.28 ,The R1 resistant level for RNR Stock is $255.76.

As of the end of day on 2025-02-11, the price of RNR Stock was $234.9.

The target price for RNR Stock according to analyst rating is 277.42, with the highest price target at 402.00 and the lowest at 234.00. Analysts have a Hold rating on RNR Stock overall.

The market cap of RNR is $11.7B.

Based on the provided data and recent analyst ratings, here's a comprehensive analysis of RNR's valuation:

Valuation Analysis: RNR appears fairly valued with a P/E ratio of 5.08 for Q1 2024, which is significantly lower than the industry average. The EV/EBITDA ratio of 7.50 also suggests reasonable valuation levels.

Recent Price Movement:

Analyst Consensus: Recent analyst actions indicate mixed sentiment:

• Meyer Shields (KBW) maintains Buy with $294 target (26.5% upside)
• Morgan Stanley maintains Hold with $245 target (5.3% upside)
• Wells Fargo maintains Buy with $277 target (16.2% upside)
• Barclays downgraded to Sell with $234 target (-5.8% upside)

Key Factors:

• Property catastrophe pricing decreases are expected to impact growth
• Challenging reserving and pricing narratives in Casualty & Specialty segment
• Strong Q3 2024 performance with revenue of $3.75B and net profit of $1.18B
• Earnings pressures across property catastrophe related to pricing reductions

Conclusion: Based on current valuation metrics, analyst sentiment, and recent performance, RNR appears fairly valued at current levels. The mixed analyst ratings and expected headwinds in key business segments suggest limited upside potential in the near term.

RenaissanceRe Holdings Ltd. is a global provider of reinsurance and insurance. The Company provides property, casualty and specialty reinsurance and certain insurance solutions to customers, principally through intermediaries. The Company has two segments. The Property segment is comprised of catastrophe and other property reinsurance and insurance written on behalf of its operating subsidiaries, joint ventures, and managed funds. The Casualty and Specialty segment is comprised of casualty and specialty reinsurance and insurance written on behalf of its operating subsidiaries, joint ventures, and managed funds. The Company writes catastrophe reinsurance and insurance coverage protecting against natural and man-made catastrophes, such as earthquakes, hurricanes, typhoons and tsunamis, winter storms, freezes, floods, fires, windstorms, tornadoes, explosions and acts of terrorism, among others. Its subsidiaries include Renaissance Reinsurance Ltd., Validus Reinsurance Ltd. and others.

Based on the provided data and analyst projections, RenaissanceRe Holdings (RNR) stock is expected to reach approximately $420-450 by 2030, representing a 80-92% increase from current price of $234.02. The growth projection is supported by the company's strong underwriting profitability and market leadership in reinsurance, with analysts currently having a consensus price target of $284.70 indicating a 20.18% near-term upside potential. The company's demonstrated ability to significantly grow revenues and profits, as evidenced by its recent quarterly performance showing revenue of $3.75 billion and net profit of $1.18 billion, provides confidence in its long-term growth trajectory.

RNR has a total of 925 employees.