As on Thursday, RenaissanceRe Holdings Ltd (NYSE: RNR) started slowly as it slid -4.35% to $265.81, before settling in for the price of $277.90 at the close. Taking a more long-term approach, RNR posted a 52-week range of $188.24-$284.36.
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It was noted that the giant of the Financial sector posted annual sales growth of 40.93% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 60.49%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 7.27%. This publicly-traded company’s shares outstanding now amounts to $52.69 million, simultaneously with a float of $49.82 million. The organization now has a market capitalization sitting at $13.86 billion. At the time of writing, stock’s 50-day Moving Average stood at $267.44, while the 200-day Moving Average is $237.14.
RenaissanceRe Holdings Ltd (RNR) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Insurance – Reinsurance industry. RenaissanceRe Holdings Ltd’s current insider ownership accounts for 4.48%, in contrast to 92.82% institutional ownership. Preceding that transaction, on Oct 04 ’24, Company’s EVP,Chief Underwriting Officer sold 1,000 for 279.00, making the whole transaction’s value amount to 279,000. This particular insider is now the holder of 82,044 in total.
RenaissanceRe Holdings Ltd (RNR) Earnings and Revenue Records
RenaissanceRe Holdings Ltd’s EPS increase for this current 12-month fiscal period is 7.27% and is forecasted to reach 35.71 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 2.41% through the next 5 years, which can be compared against the 60.49% growth it accomplished over the previous five years trading on the market.
RenaissanceRe Holdings Ltd (NYSE: RNR) Trading Performance Indicators
Let’s observe the current performance indicators for RenaissanceRe Holdings Ltd (RNR). The Stock has managed to achieve an average true range (ATR) of 9.16. Alongside those numbers, its PE Ratio stands at $3.83, and its Beta score is 0.40. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.12. Similarly, its price to free cash flow for trailing twelve months is now 4.36.
In the same vein, RNR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 69.39, a figure that is expected to reach 6.77 in the next quarter, and analysts are predicting that it will be 35.71 at the market close of one year from today.
Technical Analysis of RenaissanceRe Holdings Ltd (RNR)
Through scrutinizing the latest numbers posted by the [RenaissanceRe Holdings Ltd, RNR], it can be observed that its last 5-days Average volume of 0.51 million was better the volume of 0.35 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 54.60% While, its Average True Range was 10.59.
Raw Stochastic average of RenaissanceRe Holdings Ltd (RNR) in the period of the previous 100 days is set at 62.44%, which indicates a major rise in contrast to 19.61% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 26.49% that was lower than 27.60% volatility it exhibited in the past 100-days period.
