$2.54 EPS Expected for RenaissanceRe Holdings Ltd. (RNR)

April 17, 2018 - By Jeanette Kaplan

Investors sentiment decreased to 0.73 in 2017 Q4. Its down 0.17, from 0.9 in 2017Q3. It turned negative, as 47 investors sold RenaissanceRe Holdings Ltd. shares while 100 reduced holdings. 38 funds opened positions while 70 raised stakes. 37.13 million shares or 1.17% more from 36.70 million shares in 2017Q3 were reported.
State Of Tennessee Treasury Department holds 45,000 shares. Comerica Financial Bank reported 31,935 shares. State Bank Of Montreal Can stated it has 7,599 shares. Bluemountain Cap Management Ltd Limited Liability Company holds 2,898 shares or 0.01% of its portfolio. Bluecrest Capital Mngmt holds 0.08% or 24,707 shares. Aperio Grp Inc Ltd Liability Co holds 141,457 shares. Beck Mack & Oliver Ltd Liability Corporation owns 7,160 shares or 0.03% of their US portfolio. Liberty Mutual Gru Asset Mgmt owns 10,226 shares. Advisory Service Ntwk Limited Liability Company stated it has 519 shares. Sei Invests Com invested in 93,759 shares or 0.04% of the stock. Jefferies Group Incorporated Limited Liability Co stated it has 0.02% in RenaissanceRe Holdings Ltd. (NYSE:RNR). The Wisconsin-based State Of Wisconsin Board has invested 0.02% in RenaissanceRe Holdings Ltd. (NYSE:RNR). Riverhead Cap Limited Liability Com has 0.02% invested in RenaissanceRe Holdings Ltd. (NYSE:RNR) for 4,217 shares. Lomas Capital Mngmt Ltd Liability Company owns 109,257 shares. Shine Advisory Service reported 0.01% stake.

Analysts expect RenaissanceRe Holdings Ltd. (NYSE:RNR) to report $2.54 EPS on May, 1.They anticipate $1.36 EPS change or 115.25 % from last quarter’s $1.18 EPS. RNR’s profit would be $101.81 million giving it 13.49 P/E if the $2.54 EPS is correct. After having $1.05 EPS previously, RenaissanceRe Holdings Ltd.’s analysts see 141.90 % EPS growth. The stock increased 1.11% or $1.51 during the last trading session, reaching $137.04. About 107,194 shares traded. RenaissanceRe Holdings Ltd. (NYSE:RNR) has declined 7.43% since April 17, 2017 and is downtrending. It has underperformed by 18.98% the S&P500.

RenaissanceRe Holdings Ltd. (NYSE:RNR) Ratings Coverage

Among 6 analysts covering Renaissancere Holdings Ltd (NYSE:RNR), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 17% are positive. Renaissancere Holdings Ltd had 9 analyst reports since November 2, 2017 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, February 1. Citigroup maintained it with “Buy” rating and $152 target in Friday, February 9 report. The rating was maintained by Keefe Bruyette & Woods on Monday, December 4 with “Hold”. The firm earned “Buy” rating on Thursday, November 2 by Citigroup. The firm has “Buy” rating by Citigroup given on Tuesday, April 10. The stock of RenaissanceRe Holdings Ltd. (NYSE:RNR) has “Neutral” rating given on Monday, November 6 by UBS. On Thursday, November 2 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The rating was maintained by Wells Fargo on Tuesday, January 9 with “Hold”.

RenaissanceRe Holdings Ltd. together with its subsidiaries, provides reinsurance and insurance coverages and related services in the United States and internationally. The company has market cap of $5.49 billion. The firm operates through Property, and Casualty and Specialty divisions. It currently has negative earnings. The Property segment writes property catastrophe excess of loss reinsurance contracts to insure insurance and reinsurance companies against natural and man-made catastrophes, such as earthquakes, hurricanes, and tsunamis, as well as claims arising from other natural and man-made catastrophes comprising winter storms, freezes, floods, fires, windstorms, tornadoes, explosions, and acts of terrorism; and other property class of products, including proportional reinsurance, property per risk, property reinsurance, and binding facilities and regional U.S. multi-line reinsurance.

RenaissanceRe Holdings Ltd. (NYSE:RNR) Ratings Chart

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