Financials RenaissanceRe Holdings Ltd.

Equities

RNR

BMG7496G1033

Reinsurance

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
219.1 USD -0.24% Intraday chart for RenaissanceRe Holdings Ltd. -2.52% +11.78%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 8,655 8,425 7,793 8,051 10,289 11,548 - -
Enterprise Value (EV) 1 8,655 8,425 7,793 8,051 10,289 11,548 11,548 11,548
P/E ratio 12 x 10.8 x -108 x -7.22 x 3.75 x 7.7 x 6.52 x 5.77 x
Yield 0.69% 0.84% 0.85% 0.8% 0.78% 0.71% 0.74% 0.74%
Capitalization / Revenue 2.56 x 2.06 x 1.31 x 1.12 x 1.38 x 1.08 x 1.02 x 0.98 x
EV / Revenue 2.56 x 2.06 x 1.31 x 1.12 x 1.38 x 1.08 x 1.02 x 0.98 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.63 x 1.2 x 1.28 x 1.76 x 1.19 x 1.15 x 0.99 x 0.85 x
Nbr of stocks (in thousands) 44,152 50,810 46,020 43,702 52,495 52,710 - -
Reference price 2 196.0 165.8 169.3 184.2 196.0 219.1 219.1 219.1
Announcement Date 2/4/20 1/26/21 1/25/22 1/31/23 1/30/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,381 4,096 5,939 7,196 7,468 10,672 11,288 11,743
EBITDA - - - - - - - -
EBIT 1 1,026 1,046 -66.57 -1,170 3,183 2,710 2,825 3,162
Operating Margin 30.34% 25.54% -1.12% -16.27% 42.63% 25.4% 25.02% 26.93%
Earnings before Tax (EBT) 1 - 995.9 -114.1 -1,219 3,110 2,253 2,745 -
Net income 1 712 731.5 -73.42 -1,097 2,526 1,570 1,735 1,950
Net margin 21.06% 17.86% -1.24% -15.24% 33.82% 14.71% 15.37% 16.6%
EPS 2 16.29 15.31 -1.570 -25.50 52.27 28.44 33.59 37.98
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.360 1.400 1.440 1.480 1.520 1.562 1.628 1.620
Announcement Date 2/4/20 1/26/21 1/25/22 1/31/23 1/30/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 1,486 1,117 2,165 1,864 1,822 1,346 2,264 2,196 1,421 1,587 3,186 3,024 2,056 1,783 -
EBITDA - - - - - - - - - - - - - - -
EBIT - - - - - - - - - 1,458 - - - - -
Operating Margin - - - - - - - - - 91.84% - - - - -
Earnings before Tax (EBT) 1 -662.5 306.9 -434.2 -297.3 -1,186 698.7 869.2 380.7 425.8 1,434 650 907 335 559 -
Net income 1 -450.2 210.9 -394.4 -324.9 -825.3 448.1 564.1 191 194 1,577 448 586.5 176.9 424.1 518.6
Net margin -30.29% 18.89% -18.22% -17.43% -45.31% 33.3% 24.92% 8.7% 13.65% 99.35% 14.06% 19.4% 8.6% 23.79% -
EPS 2 -9.750 4.650 -9.100 -7.530 -19.27 10.27 12.91 4.090 3.800 30.43 7.722 9.882 3.574 7.962 -
Dividend per Share 2 0.3600 0.3600 0.3700 0.3700 0.3700 0.3700 0.3800 0.3800 0.3800 0.3800 0.3900 0.3900 0.3900 0.3900 0.4200
Announcement Date 10/25/21 1/25/22 5/3/22 7/25/22 11/1/22 1/31/23 5/2/23 7/25/23 11/1/23 1/30/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 8% 0.2% 1.3% 6.3% 24.7% 19.1% 16.6% 16%
ROA (Net income/ Total Assets) 3.16% 2.56% 0.25% 0.9% 5.9% 17.8% 14.2% -
Assets 1 22,503 28,576 -29,145 -122,517 42,780 8,804 12,257 -
Book Value Per Share 2 121.0 138.0 132.0 105.0 165.0 191.0 222.0 258.0
Cash Flow per Share 2 - 42.20 26.20 37.30 40.20 86.90 84.20 -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 2/4/20 1/26/21 1/25/22 1/31/23 1/30/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
219.1 USD
Average target price
265.5 USD
Spread / Average Target
+21.21%
Consensus
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