What Is Moving RenaissanceRe Holdings Right Now
RenaissanceRe Holdings (RNR) has caught investor attention after a strong past 3 months, with the stock showing a 13.0% total return and a 23.3% total return over the past year.
That recent performance now sits alongside a value score of 5, revenue of US$12.86b and net income of US$2.60b, giving investors concrete numbers to compare with other reinsurance names.
See our latest analysis for RenaissanceRe Holdings.
The current share price of US$298.78 comes after a 13.0% 3 month share price return and a 23.3% 1 year total shareholder return, which points to solid but not runaway momentum.
If RNR’s recent move has you thinking about where else value and quality might line up, it could be a good moment to broaden your search with our 20 top founder-led companies.
With a value score of 5, an indicated intrinsic discount of 68.8% and recent total returns that already look strong, the real question is simple: Is RNR still undervalued, or is the market already pricing in future growth?
Most Popular Narrative: 1% Undervalued
With RenaissanceRe Holdings closing at $298.78 against a narrative fair value of about $301.87, the gap is small, yet the story behind that figure is far more complex than the price difference suggests.
The analysts have a consensus price target of $280.615 for RenaissanceRe Holdings based on their expectations of its future earnings growth, profit margins and other risk factors. However, there is a degree of disagreement amongst analysts, with the most bullish reporting a price target of $422.0, and the most bearish reporting a price target of just $237.0.
Want to know what keeps the fair value near $300 despite forecast declines in both revenue and earnings? The narrative leans heavily on margins, capital returns and a specific future earnings multiple. Curious which assumptions matter most and how they interact? The full narrative lays out the numbers that make this small discount worth a closer look.
Result: Fair Value of $301.87 (ABOUT RIGHT)
Have a read of the narrative in full and understand what's behind the forecasts.
However, this story can change quickly if softer property and casualty pricing bites into margins, or if large catastrophe losses hit the expanded cat book.
Find out about the key risks to this RenaissanceRe Holdings narrative.
Next Steps
The mix of potential risks and rewards here is hard to ignore, so treat this as your cue to look through the data and decide where you stand, starting with 3 key rewards and 2 important warning signs.
Looking for more investment ideas?
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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