RenaissanceRe Holdings Ltd. (RNR) is currently priced at $314.34, marking a positive change of $3.35 (1.08%) from the previous close of $311. The trading volume stands at $56,462, representing a 15.58% increase relative to the average.
In the latest quarterly earnings report released on Monday, April 27th, RNR surpassed consensus estimates with an EPS of 11.41.
RNR offers a forward dividend yield of 0.522%, with a dividend per share of 41 cents on a quarterly basis. Year-over-year, the dividend per share has increased by 2.5641 cents, totaling $1.61 over the trailing twelve months.
The company generated a free cash flow of $482.98 million, with positive net cash flow of $29.61 million. Notable cash activities include a net repayment of debt amounting to $99.21 million and repurchase of common stock totaling $660 million.
RNR reported a revenue of $2.92 billion, with a gross profit of $1.97 billion and operating income of $1.26 billion. The net income for the period was $760.48 million, resulting in an EPS of $16.75.
Key ratios include a gross profit margin of 67.47%, net profit margin of 26%, and return on equity of 6.55. Notably, the price-to-earnings ratio stands at 4.15, indicating an undervalued position.
RNR demonstrates a strong financial position with total assets of $53.80 billion and total liabilities of $34.59 billion. The company holds $1.73 billion in cash and cash equivalents, with total investments amounting to $36 billion.
This comprehensive analysis showcases RNR's robust performance and financial stability in the current market environment.
RenaissanceRe Holdings Ltd. provides reinsurance and insurance products in the United States and internationally. The company operates through Property, and Casualty and Specialty segments. The Property segment writes property catastrophe excess of loss reinsurance and excess of loss retrocessional reinsurance to insure insurance and reinsurance companies against natural and man-made catastrophes, including hurricanes, earthquakes, typhoons, and tsunamis, as well as claims arising from other natural and man-made catastrophes comprising winter storms, freezes, floods, fires, windstorms, tornadoes, explosions, and acts of terrorism; and other property class of products, such as proportional reinsurance, property per risk, property reinsurance, binding facilities, and regional U.S. multi-line reinsurance. The Casualty and Specialty segment writes various classes of products, such as directors and officers, medical malpractice, and professional indemnity; automobile and employer's liability, casualty clash, umbrella or excess casualty, workers' compensation, and general liability; financial and mortgage guaranty, political risk, surety, and trade credit; and accident and health, agriculture, aviation, cyber, energy, marine, satellite, and terrorism. The company distributes its products and services primarily through intermediaries. RenaissanceRe Holdings Ltd. was founded in 1993 and is headquartered in Pembroke, Bermuda.