RenaissanceRe (RNR) reported earnings 30 days ago. What's next for the stock?
RenaissanceRe delivered robust Q1 results, with $285M net income to common shareholders and a 22% annualized operating ROE, despite unrealized investment losses. RNR's preferred shares, particularly Series F, offer a compelling 6.85% stripped yield, underpinned by a low payout ratio and over $10B in common equity. Over $2.2B in fixed income investments mature within a year, allowing RNR to redeploy into higher-yielding securities as rates rise, potentially boosting EPS.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
RenaissanceRe Holdings Ltd. (RNR) Q1 2026 Earnings Call Transcript
RenaissanceRe tops Q1 estimates on lower expenses and strong underwriting despite revenue decline and weaker premiums across segments.
While the top- and bottom-line numbers for RenaissanceRe (RNR) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
RenaissanceRe (RNR) came out with quarterly earnings of $13.75 per share, beating the Zacks Consensus Estimate of $11.07 per share. This compares to a loss of $1.49 per share a year ago.
RenaissanceRe (RNR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
RNR rides on strong premium growth, rising fee income and disciplined underwriting, boosting returns as strategic moves and buybacks drive shareholder value.
RenaissanceRe (RNR) preferred dividends remain exceptionally well-covered, requiring less than 1.5% of attributable net income for payout. RNR boasts nearly $11B in common equity as a substantial cushion, enhancing preferred stock safety. The Series F preferred shares yield 6.75% and are likely to be called before Series G due to higher cost of capital.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Investors interested in Insurance - Property and Casualty stocks are likely familiar with RenaissanceRe (RNR) and Kinsale Capital Group, Inc. (KNSL). But which of these two stocks offers value investors a better bang for their buck right now?