RenaissanceRe (RNR)
Market Price (12/27/2025): $284.01 | Market Cap: $13.0 BilSector: Financials | Industry: Reinsurance
RenaissanceRe (RNR)
Market Price (12/27/2025): $284.01Market Cap: $13.0 BilSector: FinancialsIndustry: Reinsurance
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 14%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 9.9%, FCF Yield is 31% | Trading close to highsDist 52W High is -0.3%, Dist 3Y High is -1.3% | Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.9%, Rev Chg QQuarterly Revenue Change % is -20% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -43% | Weak multi-year price returns3Y Excs Rtn is -25% | Key risksRNR key risks include [1] significant financial volatility from its inherent exposure to catastrophic events and [2] pressure on profit margins from escalating operational costs and rising interest expenses on elevated debt. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 33%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 33%, CFO LTM is 4.0 Bil, FCF LTM is 4.0 Bil | ||
| Low stock price volatilityVol 12M is 26% | ||
| Megatrend and thematic driversMegatrends include Renewable Energy Transition, and Offshore Wind Development. Themes include Solar Energy Generation, Wind Energy Development, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 14%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 9.9%, FCF Yield is 31% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -43% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 33%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 33%, CFO LTM is 4.0 Bil, FCF LTM is 4.0 Bil |
| Low stock price volatilityVol 12M is 26% |
| Megatrend and thematic driversMegatrends include Renewable Energy Transition, and Offshore Wind Development. Themes include Solar Energy Generation, Wind Energy Development, Show more. |
| Trading close to highsDist 52W High is -0.3%, Dist 3Y High is -1.3% |
| Weak multi-year price returns3Y Excs Rtn is -25% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.9%, Rev Chg QQuarterly Revenue Change % is -20% |
| Key risksRNR key risks include [1] significant financial volatility from its inherent exposure to catastrophic events and [2] pressure on profit margins from escalating operational costs and rising interest expenses on elevated debt. |
Why The Stock Moved
Qualitative Assessment
AI Analysis | Feedback
RenaissanceRe (RNR) experienced a notable increase in its stock price, moving by approximately 16.2% during the period from August 31, 2025, to December 27, 2025, driven by several key factors.
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<b>1. Strong Third Quarter 2025 Financial Results:</b> RenaissanceRe reported robust third-quarter 2025 earnings, significantly surpassing analyst expectations. The company announced net income available to common shareholders of $907.7 million and operating income of $733.7 million, or $15.62 per diluted share, which substantially beat the Zacks Consensus Estimate of $9.49 per share. This strong performance was bolstered by a 68.4% combined ratio and total investment results of $750.2 million. The company's book value per common share also saw a 9% increase during the quarter.
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<b>2. Renewal and Execution of Share Repurchase Program:</b> The company demonstrated a commitment to enhancing shareholder value through its capital management strategy. RenaissanceRe announced the renewal of its share repurchase program, authorizing a total of $750 million. During the third quarter of 2025, RenaissanceRe repurchased approximately $205.2 million of common shares, with an additional $100 million repurchased in October 2025.
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<b>3. Growth in Third-Party Capital:</b> RenaissanceRe's third-party investor capital within RenaissanceRe Capital Partners surged to $8.5 billion as of November 17, 2025, marking a rise of $450 million in one quarter. When including RenaissanceRe's stakes, total assets across these structures reached $10.2 billion, representing the largest end-of-quarter tally for external capital on record. This growth underscores strong investor confidence and expanded operational capacity for the company.
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<b>4. Positive Credit Rating Outlook Upgrade:</b> On October 3, 2025, AM Best revised the outlooks for Renaissance Reinsurance Ltd. and its subsidiaries to positive from stable for the Long-Term Issuer Credit Ratings, while affirming their Financial Strength Rating of A+ (Superior). This upgrade signals an improved financial stability and a positive long-term outlook for the company's creditworthiness.
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<b>5. Analyst Price Target Increases:</b> Throughout the period, several financial analysts revised their outlooks and raised price targets for RenaissanceRe. For instance, BMO Capital raised its price target for RenaissanceRe to $303 from $294 in December 2025, maintaining an Outperform rating. Similarly, Morgan Stanley raised its price target for RNR to $300 from $290 in December 2025. These upward revisions in price targets contributed to positive market sentiment and investor confidence.
Show moreStock Movement Drivers
Fundamental Drivers
The 12.5% change in RNR stock from 9/26/2025 to 12/26/2025 was primarily driven by a 26.2% change in the company's P/E Multiple.| 9262025 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 250.24 | 281.40 | 12.45% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 12885.76 | 12103.33 | -6.07% |
| Net Income Margin (%) | 15.51% | 14.31% | -7.71% |
| P/E Multiple | 5.90 | 7.45 | 26.15% |
| Shares Outstanding (Mil) | 47.14 | 45.84 | 2.75% |
| Cumulative Contribution | 12.37% |
Market Drivers
9/26/2025 to 12/26/2025| Return | Correlation | |
|---|---|---|
| RNR | 12.5% | |
| Market (SPY) | 4.3% | -13.5% |
| Sector (XLF) | 3.3% | 11.3% |
Fundamental Drivers
The 16.9% change in RNR stock from 6/27/2025 to 12/26/2025 was primarily driven by a 7.5% change in the company's Net Income Margin (%).| 6272025 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 240.72 | 281.40 | 16.90% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 12515.42 | 12103.33 | -3.29% |
| Net Income Margin (%) | 13.32% | 14.31% | 7.47% |
| P/E Multiple | 6.98 | 7.45 | 6.69% |
| Shares Outstanding (Mil) | 48.33 | 45.84 | 5.15% |
| Cumulative Contribution | 16.59% |
Market Drivers
6/27/2025 to 12/26/2025| Return | Correlation | |
|---|---|---|
| RNR | 16.9% | |
| Market (SPY) | 12.6% | -6.2% |
| Sector (XLF) | 7.4% | 23.6% |
Fundamental Drivers
The 12.9% change in RNR stock from 12/26/2024 to 12/26/2025 was primarily driven by a 113.7% change in the company's P/E Multiple.| 12262024 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 249.35 | 281.40 | 12.85% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 12594.17 | 12103.33 | -3.90% |
| Net Income Margin (%) | 28.95% | 14.31% | -50.56% |
| P/E Multiple | 3.49 | 7.45 | 113.68% |
| Shares Outstanding (Mil) | 50.96 | 45.84 | 10.04% |
| Cumulative Contribution | 11.72% |
Market Drivers
12/26/2024 to 12/26/2025| Return | Correlation | |
|---|---|---|
| RNR | 12.9% | |
| Market (SPY) | 15.8% | 27.3% |
| Sector (XLF) | 14.4% | 40.9% |
Fundamental Drivers
The 53.7% change in RNR stock from 12/27/2022 to 12/26/2025 was primarily driven by a 174.0% change in the company's Total Revenues ($ Mil).| 12272022 | 12262025 | Change | |
|---|---|---|---|
| Stock Price ($) | 183.13 | 281.40 | 53.66% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 4417.15 | 12103.33 | 174.01% |
| P/S Multiple | 1.78 | 1.07 | -39.98% |
| Shares Outstanding (Mil) | 42.84 | 45.84 | -7.02% |
| Cumulative Contribution | 52.90% |
Market Drivers
12/27/2023 to 12/26/2025| Return | Correlation | |
|---|---|---|
| RNR | 47.4% | |
| Market (SPY) | 48.0% | 24.2% |
| Sector (XLF) | 51.8% | 39.7% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| RNR Return | -15% | 3% | 10% | 7% | 28% | 13% | 49% |
| Peers Return | 16% | 38% | -12% | 21% | 26% | 16% | 150% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 18% | 114% |
Monthly Win Rates [3] | |||||||
| RNR Win Rate | 50% | 58% | 58% | 58% | 58% | 75% | |
| Peers Win Rate | 52% | 65% | 42% | 68% | 57% | 52% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| RNR Max Drawdown | -39% | -16% | -26% | -4% | 0% | -11% | |
| Peers Max Drawdown | -34% | -5% | -26% | -7% | -9% | -23% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL. See RNR Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)
How Low Can It Go
| Event | RNR | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -28.1% | -25.4% |
| % Gain to Breakeven | 39.0% | 34.1% |
| Time to Breakeven | 93 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -40.8% | -33.9% |
| % Gain to Breakeven | 68.9% | 51.3% |
| Time to Breakeven | 1,050 days | 148 days |
| 2018 Correction | ||
| % Loss | -22.4% | -19.8% |
| % Gain to Breakeven | 28.9% | 24.7% |
| Time to Breakeven | 457 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -46.6% | -56.8% |
| % Gain to Breakeven | 87.2% | 131.3% |
| Time to Breakeven | 840 days | 1,480 days |
Compare to HPQ, HPE, IBM, CSCO, AAPL
In The Past
RenaissanceRe's stock fell -28.1% during the 2022 Inflation Shock from a high on 12/29/2021. A -28.1% loss requires a 39.0% gain to breakeven.
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AI Analysis | Feedback
```html- RenaissanceRe is a bit like Berkshire Hathaway's reinsurance operations, focusing on providing insurance to other insurance companies for major catastrophes like hurricanes and earthquakes.
- Think of RenaissanceRe as the Amazon Web Services (AWS) for the insurance industry, providing the essential, behind-the-scenes financial infrastructure to help other insurers manage massive, unpredictable risks.
AI Analysis | Feedback
- Property Catastrophe Reinsurance: Protects primary insurers from large losses caused by natural disasters like hurricanes, earthquakes, and floods.
- Specialty Reinsurance: Provides coverage for unique and complex risks beyond traditional property and casualty, such as aviation, marine, energy, credit, and political risks.
- Casualty and Financial Lines Reinsurance: Offers protection to insurers against a broad range of liability and financial risks, including professional liability, general liability, and directors' and officers' liability.
- Third-Party Capital Management: Manages capital from investors through various structures, including catastrophe bonds and collateralized reinsurance, to provide additional risk-bearing capacity and earn management fees.
AI Analysis | Feedback
RenaissanceRe (RNR) is a global provider of reinsurance and insurance products.
The company sells primarily to other companies, specifically:
- Insurance companies: RenaissanceRe's core business involves providing reinsurance coverage to primary insurance companies around the world. These insurance companies purchase reinsurance from RNR to transfer a portion of their risks, such as property catastrophe, casualty, and specialty risks.
Due to the highly proprietary nature of reinsurance relationships and competitive considerations, RenaissanceRe does not publicly disclose the names of its specific major customer companies. Reinsurance contracts are typically confidential, and reinsurers like RNR generally serve a broad and diversified client base rather than relying on a few individual "major" customers whose identities would be publicly announced.
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- PricewaterhouseCoopers LLP
- Verisk Analytics, Inc. (VRSK)
- Moody's Corporation (MCO)
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Kevin J. O'Donnell President and Chief Executive Officer
Kevin J. O'Donnell joined RenaissanceRe in 1996 and has served as President since November 2012 and Chief Executive Officer since July 2013. His previous roles at RenaissanceRe include Executive Vice President and Global Chief Underwriter, President of Renaissance Reinsurance Ltd., and Chief Underwriting Officer for the company's joint ventures, Top Layer Re and DaVinci Re. Earlier in his career, he served as Vice President of Centre Financial Products Ltd.
Robert "Bob" Qutub Executive Vice President and Chief Financial Officer
Robert Qutub has served as Executive Vice President and Chief Financial Officer of RenaissanceRe since August 2016. Prior to joining RenaissanceRe, he was Chief Financial Officer and Treasurer at MSCI Inc. from July 2012 to May 2016. He also held several segment Chief Financial Officer positions at Bank of America for 18 years.
Shannon Bender Executive Vice President, Group General Counsel and Corporate Secretary
Shannon Bender joined RenaissanceRe in 2021 and is responsible for legal, regulatory, government affairs, and compliance matters globally. Before RenaissanceRe, she served as Senior Vice President and Chief Corporate Counsel of CIT Group Inc., a publicly listed financial and bank holding company.
Ross Curtis Executive Vice President and Chief Portfolio Officer
Ross Curtis is an Executive Vice President and Chief Portfolio Officer at RenaissanceRe Holdings Ltd.
David Marra Executive Vice President and Group Chief Underwriting Officer
David Marra is an Executive Vice President and Group Chief Underwriting Officer at RenaissanceRe Holdings Ltd.
AI Analysis | Feedback
The key risks to RenaissanceRe (RNR) are:
- Exposure to Catastrophic Events: As a global provider of property, casualty, and specialty reinsurance, RenaissanceRe's business model inherently involves significant exposure to natural and man-made catastrophic events. These events can cause substantial volatility in financial results, leading to higher net claims and claim expenses, which can erode earnings and affect long-term profitability.
- Escalating Expenses and Pressure on Profit Margins: RenaissanceRe faces increasing expenses due to higher net claims, claim expenses, and operational costs. This trend poses a direct risk to the company's profit margins. Additionally, elevated debt levels have contributed to rising interest expenses, further potentially weighing on margins.
- Economic Uncertainty, Geopolitical Tensions, and Regulatory Changes: Global economic uncertainties, including inflation and potential recessionary pressures, could impact investment returns and the claims environment, particularly for longer-tail business lines. Geopolitical instability can also have far-reaching effects on financial markets and the insurance industry. Furthermore, the company operates in a highly regulated industry, and changes in laws or regulations, such as amendments to tax laws, could impose additional financial burdens and affect net income.
AI Analysis | Feedback
1. Advanced AI and Data Analytics in Underwriting and Risk Selection: The rapid development and deployment of artificial intelligence, machine learning, and advanced data analytics by new Insurtech entrants and agile incumbent insurers/reinsurers. These technologies enable more precise risk assessment, real-time pricing, dynamic policy adjustments, and automated underwriting processes. If competitors or clients adopt these technologies more effectively, they could gain a significant competitive advantage by underwriting risks more accurately, developing new tailored products, and potentially reducing their reliance on traditional reinsurance by better managing their own risk portfolios. Evidence includes substantial investment in Insurtech startups focused on AI-driven underwriting and major insurance companies establishing innovation labs and partnerships for AI development.
2. Expansion and Sophistication of Insurance-Linked Securities (ILS) and Alternative Capital Markets: The sustained growth and increasing sophistication of insurance-linked securities (ILS) vehicles (such as catastrophe bonds, collateralized reinsurance, and sidecars) and other forms of alternative capital directly entering the risk transfer market. These structures allow institutional investors (e.g., pension funds, hedge funds) to directly participate in underwriting risk, offering capacity that often bypasses traditional reinsurance balance sheets. This influx of alternative capital, particularly in property catastrophe lines (a core RNR market), increases market capacity, exerts downward pressure on reinsurance pricing, and could disintermediate traditional reinsurers as primary insurers increasingly access capital directly through ILS. Evidence includes the consistent growth in ILS market volume and the development of new ILS structures and investor classes over the last decade.
AI Analysis | Feedback
RenaissanceRe (RNR) operates primarily in the global reinsurance and insurance markets, with its main products and services categorized into Property (catastrophe and other property reinsurance) and Casualty and Specialty reinsurance.
Global Addressable Markets
- Overall Reinsurance Market: The global reinsurance market was valued at approximately USD 711.75 billion in 2024 and is projected to reach around USD 2,000.08 billion by 2034, growing at a compound annual growth rate (CAGR) of 10.88% from 2025 to 2034. Other estimates for the global reinsurance market size in 2024 range from USD 549.27 billion to USD 614.16 billion. By 2032, it is projected to reach USD 1,001.70 billion with a CAGR of 7.80% from 2025.
- Property and Casualty (P&C) Reinsurance Segment: This segment held a significant share of the overall reinsurance market, accounting for 62.40% in 2024 and 55.9% in 2022, with a projected CAGR of 4.5% through 2033. The demand for P&C reinsurance is stable due to increasing natural catastrophes.
- Casualty Treaty Reinsurance Market: The global casualty treaty reinsurance market size was estimated at US$ 15.26 billion in 2023 and is projected to grow to US$ 25.44 billion by 2030, with a CAGR of 7.6% from 2024 to 2030.
U.S. Addressable Markets
- Overall Reinsurance Market: The U.S. reinsurance market was valued at USD 220.05 billion in 2024 and is expected to reach USD 630.10 billion by 2034, growing at a CAGR of 11.09% from 2025 to 2034. Another estimate placed the U.S. market size at USD 143.6 billion in 2024, projected to reach USD 211.7 billion by 2033 with a CAGR of 3.96% from 2025. In 2023, the U.S. reinsurance market size was USD 178.60 billion and is expected to reach USD 369.37 billion by 2032, growing at a CAGR of 8.40% from 2024 to 2032.
- U.S. Property Catastrophe Reinsurance: The demand for U.S. property catastrophe reinsurance was approximately USD 200 billion in 2023, with an expected increase of 10-15% between 2023 and 2024. Over $7.5 billion of additional U.S. property catastrophe limit demand is anticipated at mid-year renewals in 2025.
AI Analysis | Feedback
RenaissanceRe (RNR) is expected to drive future revenue growth over the next 2-3 years through three primary avenues, consistently highlighted by the company as its core "drivers of profit": growth in its underwriting business, expansion of its Capital Partners segment, and increased net investment income from its investment portfolio. Here are the key drivers:- Growth in Underwriting Business (Reinsurance): RenaissanceRe aims to expand its revenue through its core underwriting operations across property, casualty, and specialty reinsurance lines. The company's Q3 2025 results demonstrated significant strength in this area, with underwriting income nearly doubling from Q3 2024. Additionally, the catastrophe class gross premiums written saw a 21.9% underlying growth in Q3 2025, excluding the impact of reinstatement premiums. RenaissanceRe's strategy emphasizes constructing a well-diversified portfolio of reinsurance risk, aiming to be a top underwriter.
- Expansion of Capital Partners Business (Fee Income): The company's Capital Partners unit is a crucial driver, generating relatively low-volatility fee income. RenaissanceRe successfully raised $857.4 million in third-party capital in 2024, with an additional $237.8 million secured effective January 1, 2025. This influx of capital directly contributes to the growth in fee income, which increased by 8.9% in Q4 2024 compared to the prior year period and saw a 24% rise in Q3 2025.
- Increased Net Investment Income: RenaissanceRe's substantial investment portfolio is a significant source of revenue growth. The company reported a 13.8% increase in net investment income in Q4 2024 compared to Q4 2023, and a 4% increase in Q3 2025. The total investment base also expanded, growing from $32.6 billion at the end of 2024 to $35.8 billion by September 30, 2025, providing a larger asset base to generate income. The company has also strategically increased its allocations to derivatives over time to enhance investment income.
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Share Repurchases
- A renewal of RenaissanceRe's authorized share repurchase program, bringing the total current authorization up to $750.0 million, was approved on November 5, 2025. This authorization includes remaining amounts from prior approvals.
- Since Q2 2024, the company has returned over $1.7 billion of capital to shareholders through share buybacks.
- In Q3 2025, RenaissanceRe repurchased over 850,000 shares for $205 million.
Share Issuance
- In May 2023, RenaissanceRe commenced an underwritten public offering of 6,300,000 common shares, with net proceeds intended to fund a portion of the cash consideration for the Validus Re acquisition.
- As part of the consideration for the Validus Re acquisition, AIG received $250 million of RenaissanceRe common shares.
Inbound Investments
- RenaissanceRe Capital Partners, the company's third-party capital management business, manages capital through various joint ventures and managed funds such as DaVinciRe, Medici, Upsilon, and Vermeer.
- As of June 30, 2025, RenaissanceRe Capital Partners managed approximately $8.09 billion of third-party capital.
- Third-party investor capital under management by RenaissanceRe's Capital Partners division increased to $7.72 billion as of September 30, 2024, up almost $1 billion year-over-year.
Outbound Investments
- On November 1, 2023, RenaissanceRe completed the acquisition of Validus Re, American International Group, Inc.'s treaty reinsurance business, for approximately $2.985 billion.
- The total consideration for the Validus Re acquisition included $2.735 billion in cash and $250 million in RenaissanceRe common shares.
- This acquisition was a strategic move to accelerate growth, enhance the company's three drivers of profit (underwriting, fee, and investment income), and establish it as a top 5 global property and casualty reinsurer.
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Research & Analysis
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Wealth Management
Peer Comparisons for RenaissanceRe
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 175.78 |
| Mkt Cap | 158.8 |
| Rev LTM | 56,496 |
| Op Inc LTM | 11,544 |
| FCF LTM | 7,922 |
| FCF 3Y Avg | 7,546 |
| CFO LTM | 8,736 |
| CFO 3Y Avg | 8,697 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 5.2% |
| Rev Chg 3Y Avg | 3.2% |
| Rev Chg Q | 8.3% |
| QoQ Delta Rev Chg LTM | 2.0% |
| Op Mgn LTM | 17.7% |
| Op Mgn 3Y Avg | 16.4% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 22.2% |
| CFO/Rev 3Y Avg | 23.8% |
| FCF/Rev LTM | 20.1% |
| FCF/Rev 3Y Avg | 21.6% |
Price Behavior
| Market Price | $281.40 | |
| Market Cap ($ Bil) | 12.9 | |
| First Trading Date | 07/27/1995 | |
| Distance from 52W High | -0.3% | |
| 50 Days | 200 Days | |
| DMA Price | $262.11 | $247.55 |
| DMA Trend | up | up |
| Distance from DMA | 7.4% | 13.7% |
| 3M | 1YR | |
| Volatility | 25.1% | 26.6% |
| Downside Capture | -30.43 | 31.78 |
| Upside Capture | 32.22 | 38.97 |
| Correlation (SPY) | -12.2% | 27.4% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.32 | -0.26 | -0.20 | 0.03 | 0.41 | 0.39 |
| Up Beta | -0.65 | -0.93 | -0.71 | -0.37 | 0.43 | 0.38 |
| Down Beta | -1.11 | -0.53 | -0.43 | -0.29 | 0.44 | 0.44 |
| Up Capture | 10% | 11% | 23% | 26% | 21% | 13% |
| Bmk +ve Days | 13 | 26 | 39 | 74 | 142 | 427 |
| Stock +ve Days | 8 | 19 | 31 | 59 | 122 | 396 |
| Down Capture | -27% | -8% | -14% | 31% | 56% | 61% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 12 | 23 | 32 | 67 | 127 | 355 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of RNR With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| RNR | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 13.6% | 16.3% | 17.8% | 72.1% | 8.6% | 4.4% | -8.3% |
| Annualized Volatility | 26.4% | 19.0% | 19.4% | 19.3% | 15.2% | 17.0% | 35.0% |
| Sharpe Ratio | 0.45 | 0.67 | 0.72 | 2.70 | 0.34 | 0.09 | -0.08 |
| Correlation With Other Assets | 40.8% | 27.3% | 7.1% | 8.0% | 39.0% | 3.6% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data
| Comparison of RNR With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| RNR | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 11.8% | 16.1% | 14.7% | 18.7% | 11.5% | 4.6% | 30.8% |
| Annualized Volatility | 27.7% | 18.9% | 17.1% | 15.5% | 18.7% | 18.9% | 48.7% |
| Sharpe Ratio | 0.42 | 0.71 | 0.70 | 0.97 | 0.50 | 0.16 | 0.57 |
| Correlation With Other Assets | 39.3% | 27.8% | -0.7% | 2.4% | 24.8% | 9.5% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 10-Year Data
| Comparison of RNR With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| RNR | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 10.7% | 13.2% | 14.8% | 15.3% | 7.0% | 5.3% | 69.2% |
| Annualized Volatility | 26.6% | 22.3% | 18.0% | 14.7% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.42 | 0.55 | 0.71 | 0.86 | 0.32 | 0.22 | 0.90 |
| Correlation With Other Assets | 49.6% | 42.4% | 1.6% | 12.5% | 40.8% | 7.4% | |
ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/28/2025 | 6.9% | 13.4% | 12.7% |
| 7/23/2025 | 0.7% | 3.0% | 5.0% |
| 4/23/2025 | -5.0% | 0.8% | -0.5% |
| 1/28/2025 | -8.6% | -10.3% | -9.8% |
| 11/6/2024 | -4.4% | -6.3% | 0.6% |
| 7/24/2024 | -2.3% | 3.2% | 10.0% |
| 4/30/2024 | -0.4% | 2.7% | 3.8% |
| 1/30/2024 | 6.4% | 5.9% | 4.5% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 8 | 13 | 14 |
| # Negative | 16 | 11 | 10 |
| Median Positive | 4.1% | 3.0% | 5.5% |
| Median Negative | -2.4% | -5.0% | -8.8% |
| Max Positive | 7.1% | 13.4% | 34.6% |
| Max Negative | -8.6% | -10.3% | -14.4% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 10292025 | 10-Q 9/30/2025 |
| 6302025 | 7242025 | 10-Q 6/30/2025 |
| 3312025 | 4242025 | 10-Q 3/31/2025 |
| 12312024 | 2122025 | 10-K 12/31/2024 |
| 9302024 | 11072024 | 10-Q 9/30/2024 |
| 6302024 | 7252024 | 10-Q 6/30/2024 |
| 3312024 | 5012024 | 10-Q 3/31/2024 |
| 12312023 | 2212024 | 10-K 12/31/2023 |
| 9302023 | 11022023 | 10-Q 9/30/2023 |
| 6302023 | 7262023 | 10-Q 6/30/2023 |
| 3312023 | 5032023 | 10-Q 3/31/2023 |
| 12312022 | 2082023 | 10-K 12/31/2022 |
| 9302022 | 11022022 | 10-Q 9/30/2022 |
| 6302022 | 7262022 | 10-Q 6/30/2022 |
| 3312022 | 5042022 | 10-Q 3/31/2022 |
| 12312021 | 2042022 | 10-K 12/31/2021 |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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