$257.78
0.32% today
NYSE, Nov 15, 06:19 pm CET
ISIN
BMG7496G1033
Symbol
RNR

RenaissanceRe Holdings Ltd. Target price 2024 - Analyst rating & recommendation

RenaissanceRe Holdings Ltd. Classifications & Recommendation:

Buy
53%
Hold
40%
Sell
7%

RenaissanceRe Holdings Ltd. Price Target

Target Price $294.42
Price $256.96
Potential
Number of Estimates 12
12 Analysts have issued a price target RenaissanceRe Holdings Ltd. 2025 . The average RenaissanceRe Holdings Ltd. target price is $294.42. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 15 analysts: 8 Analysts recommend RenaissanceRe Holdings Ltd. to buy, 6 to hold and 1 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the RenaissanceRe Holdings Ltd. stock has an average upside potential 2025 of . Most analysts recommend the RenaissanceRe Holdings Ltd. stock at Purchase.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 9.09 10.82
80.05% 19.03%
Net Margin 29.86% 21.21%
213.84% 28.98%

8 Analysts have issued a sales forecast RenaissanceRe Holdings Ltd. 2024 . The average RenaissanceRe Holdings Ltd. sales estimate is

$10.8b
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. This is
14.14% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$12.4b 1.81%
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, the lowest is
$9.9b 21.84%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $9.1b 80.05%
2024
$10.8b 19.03%
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2025
$11.3b 4.58%
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2026
$11.8b 4.18%
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5 RenaissanceRe Holdings Ltd. Analysts have issued a net profit forecast 2024. The average RenaissanceRe Holdings Ltd. net profit estimate is

$2.3b
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. This is
36.31% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$2.4b 34.42%
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, the lowest is
$2.2b 39.15%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $2.7b 304.98%
2024
$2.3b 15.46%
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2025
$1.6b 32.30%
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2026
$1.7b 6.90%
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Net Margin

2023 29.86% 213.84%
2024
21.21% 28.98%
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2025
13.73% 35.27%
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2026
14.09% 2.62%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 52.27 44.19
304.98% 15.46%
P/E 5.81
EV/Sales 1.97

5 Analysts have issued a RenaissanceRe Holdings Ltd. forecast for earnings per share. The average RenaissanceRe Holdings Ltd. <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$44.19
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. This is
36.31% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$45.50 34.42%
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, the lowest is
$42.22 39.15%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $52.27 304.98%
2024
$44.19 15.46%
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2025
$29.91 32.32%
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2026
$31.98 6.92%
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P/E ratio

Current 3.70 44.94%
2024
5.81 57.03%
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2025
8.59 47.85%
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2026
8.04 6.40%
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Based on analysts' sales estimates for 2024, the RenaissanceRe Holdings Ltd. stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 1.69 25.22%
2024
1.97 16.58%
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2025
1.88 4.38%
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2026
1.81 4.01%
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P/S ratio

Current 1.06 22.24%
2024
1.23 16.46%
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2025
1.18 4.37%
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2026
1.13 4.01%
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