RenaissanceRe (NYSE:RNR) Announces Earnings Results

RenaissanceRe (NYSE:RNR) issued its quarterly earnings data on Wednesday. The insurance provider reported $12.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $11.72 by $1.20, FiscalAI reports. The company had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.57 billion. RenaissanceRe had a net margin of 23.65% and a return on equity of 23.25%. During the same quarter last year, the company earned $12.29 earnings per share.

RenaissanceRe Price Performance

Shares of RNR opened at $316.86 on Friday. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.22. The firm has a market cap of $13.51 billion, a price-to-earnings ratio of 5.44, a PEG ratio of 1.24 and a beta of 0.17. RenaissanceRe has a 52 week low of $231.17 and a 52 week high of $329.57. The stock has a 50 day moving average of $304.42 and a 200-day moving average of $298.21.

RenaissanceRe Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, June 15th. RenaissanceRe’s dividend payout ratio (DPR) is currently 2.73%.

Institutional Trading of RenaissanceRe

Institutional investors and hedge funds have recently modified their holdings of the business. Mcguire Capital Advisors Inc. bought a new stake in shares of RenaissanceRe during the 4th quarter valued at about $38,000. Mercer Global Advisors Inc. ADV lifted its holdings in RenaissanceRe by 21.9% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 3,021 shares of the insurance provider’s stock worth $849,000 after acquiring an additional 543 shares during the last quarter. Beacon Pointe Advisors LLC boosted its stake in RenaissanceRe by 2.2% in the fourth quarter. Beacon Pointe Advisors LLC now owns 1,857 shares of the insurance provider’s stock valued at $522,000 after acquiring an additional 40 shares during the period. First Citizens Bank & Trust Co. boosted its stake in RenaissanceRe by 1.6% in the fourth quarter. First Citizens Bank & Trust Co. now owns 5,073 shares of the insurance provider’s stock valued at $1,426,000 after acquiring an additional 79 shares during the period. Finally, Strong Retirement Solutions LLC bought a new position in shares of RenaissanceRe during the fourth quarter valued at approximately $481,000. 99.97% of the stock is owned by institutional investors and hedge funds.

More RenaissanceRe News

Here are the key news stories impacting RenaissanceRe this week:

• Positive Sentiment: RenaissanceRe beat Q2 expectations, reporting $12.92 EPS versus consensus estimates around $11.44-$11.72, with revenue of $2.77 billion above estimates. The company also highlighted stronger operating income, higher investment income, and lower expenses. RenaissanceRe Holdings Ltd (RNR) Q2 2026 Earnings Call Highlights
• Positive Sentiment: Bank of America raised its price target on RNR to $438 from $410 and kept a Buy rating, signaling confidence in further upside after the earnings beat. Benzinga report on Bank of America price target increase
• Positive Sentiment: JPMorgan also lifted its price target to $360, and AM Best affirmed the credit ratings of RenaissanceRe and its core subsidiaries, reinforcing balance-sheet and credit quality confidence. JPMorgan Chase & Co. Increases RenaissanceRe (NYSE:RNR) Price Target to $360.00 AM Best Affirms Credit Ratings of RenaissanceRe Holdings Ltd., Its Core Subsidiaries and Joint Ventures
• Neutral Sentiment: Analyst coverage remains mixed overall, with one report noting an average rating of Hold, suggesting the market may still be waiting for more evidence that earnings strength can sustain. RenaissanceRe Holdings Ltd. (NYSE:RNR) Given Average Rating of “Hold” by Analysts
• Negative Sentiment: Some commentary pointed to weaker premiums and revenues even as earnings beat estimates, which may be limiting investor enthusiasm and contributing to the stock’s recent pullback. RNR Q2 Earnings Beat on Higher Investment Income and Lower Expenses

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on RNR shares. Weiss Ratings raised shares of RenaissanceRe from a “buy (b)” rating to a “buy (b+)” rating in a report on Thursday, June 25th. Citigroup upgraded RenaissanceRe from a “neutral” rating to a “buy” rating and raised their price objective for the company from $335.00 to $345.00 in a research note on Wednesday, June 10th. Wall Street Zen downgraded RenaissanceRe from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Barclays upped their target price on RenaissanceRe from $328.00 to $341.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 7th. Finally, TD Cowen increased their target price on RenaissanceRe from $300.00 to $315.00 and gave the company a “hold” rating in a research note on Tuesday, July 7th. Five equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $335.33.

About RenaissanceRe

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.