Citigroup Raises Rating on RNR $RNR

Key Points

  • Citigroup now rates RenaissanceRe Holdings Ltd. ($RNR) "buy" with a $345 target.
  • Citigroup's $345 price target implies 14.66% upside from RenaissanceRe Holdings Ltd.'s ($RNR) current $300.88 share price.
  • The Street's average $RNR price target is $346.40 (Hold).
  • $RNR last traded around $300.88.

Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.

Citigroup raised its rating on RenaissanceRe Holdings Ltd. ($RNR) to a "buy" rating in a recent research note and set a price target of $345, a 14.66% upside from the current price.

RenaissanceRe Holdings Ltd. Stock Down 9.0%

Shares of RenaissanceRe Holdings Ltd. ($RNR) traded around $300.88 on Saturday, down 9.0% for the day.

Last price$300.88
Market cap$13.61B
P/E ratio5.73
Forward P/E7.99
PEG ratio3.62
Beta0.17
52-week low$231.17
52-week high$335.97
50-day MA$320.27
200-day MA$296.40
Current ratio1.35
Quick ratio1.18
Debt-to-equity0.12

RenaissanceRe Holdings Ltd. Earnings

EPS (ttm)$57.14
Revenue (ttm)$11.17B
Revenue growth-13.20%
Net margin23.58%
Return on equity21.48%
Next earningsNov 3, 2026

RenaissanceRe Holdings Ltd. Dividend

Annual dividend$1.64
Dividend yield50%
Payout ratio2.81%
Ex-dividend dateSep 15, 2026

Analysts Set New Price Targets

ConsensusHold
Average target$346.40
High target$438
Low target$304
Analysts covering15

About RenaissanceRe Holdings Ltd.

RenaissanceRe Holdings Ltd., together with its subsidiaries, 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 contracts to insure insurance and reinsurance companies against natural and man-made catastrophes, including hurricanes, earthquakes, typhoons, and tsunamis, as well as 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, transactional liability, 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, construction, cyber, energy, marine, satellite, and terrorism. The company distributes products and services primarily through intermediaries. It invests in and manages funds. RenaissanceRe Holdings Ltd. was incorporated in 1993 and is headquartered in Pembroke, Bermuda.

ExchangeNYSE
SectorFinancial Services
IndustryInsurance - Reinsurance
HeadquartersPembroke, Bermuda
CEOMr. Kevin Joseph O'Donnell
Employees1,040

Get RenaissanceRe Holdings Ltd. alerts

New 13F filings, insider trades, and analyst moves on $RNR, sent to your inbox. Free, and you can unsubscribe anytime.

This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.