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RenaissanceRe (RNR) Competitors

RenaissanceRe logo
$271.96 +7.31 (+2.76%)
(As of 11/22/2024 ET)

RNR vs. RGA, ESGR, GLRE, MHLD, ALL, AIG, ACGL, HIG, CINF, and WRB

Should you be buying RenaissanceRe stock or one of its competitors? The main competitors of RenaissanceRe include Reinsurance Group of America (RGA), Enstar Group (ESGR), Greenlight Capital Re (GLRE), Maiden (MHLD), Allstate (ALL), American International Group (AIG), Arch Capital Group (ACGL), The Hartford Financial Services Group (HIG), Cincinnati Financial (CINF), and W. R. Berkley (WRB). These companies are all part of the "finance" sector.

RenaissanceRe vs.

RenaissanceRe (NYSE:RNR) and Reinsurance Group of America (NYSE:RGA) are both large-cap finance companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, profitability, dividends, earnings, valuation, community ranking, institutional ownership, media sentiment and risk.

In the previous week, Reinsurance Group of America had 9 more articles in the media than RenaissanceRe. MarketBeat recorded 22 mentions for Reinsurance Group of America and 13 mentions for RenaissanceRe. RenaissanceRe's average media sentiment score of 1.05 beat Reinsurance Group of America's score of 0.75 indicating that RenaissanceRe is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
RenaissanceRe
5 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Reinsurance Group of America
11 Very Positive mention(s)
2 Positive mention(s)
8 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

RenaissanceRe has a beta of 0.39, meaning that its share price is 61% less volatile than the S&P 500. Comparatively, Reinsurance Group of America has a beta of 0.92, meaning that its share price is 8% less volatile than the S&P 500.

RenaissanceRe pays an annual dividend of $1.56 per share and has a dividend yield of 0.6%. Reinsurance Group of America pays an annual dividend of $3.56 per share and has a dividend yield of 1.5%. RenaissanceRe pays out 2.2% of its earnings in the form of a dividend. Reinsurance Group of America pays out 32.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. RenaissanceRe has increased its dividend for 29 consecutive years and Reinsurance Group of America has increased its dividend for 16 consecutive years.

RenaissanceRe has higher earnings, but lower revenue than Reinsurance Group of America. RenaissanceRe is trading at a lower price-to-earnings ratio than Reinsurance Group of America, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
RenaissanceRe$12.59B1.12$2.56B$69.403.92
Reinsurance Group of America$18.57B0.82$902M$10.8921.19

RenaissanceRe has a net margin of 28.84% compared to Reinsurance Group of America's net margin of 3.32%. RenaissanceRe's return on equity of 26.31% beat Reinsurance Group of America's return on equity.

Company Net Margins Return on Equity Return on Assets
RenaissanceRe28.84% 26.31% 4.85%
Reinsurance Group of America 3.32%15.01%1.38%

RenaissanceRe currently has a consensus price target of $293.00, suggesting a potential upside of 7.74%. Reinsurance Group of America has a consensus price target of $227.77, suggesting a potential downside of 1.29%. Given RenaissanceRe's higher possible upside, equities research analysts clearly believe RenaissanceRe is more favorable than Reinsurance Group of America.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
RenaissanceRe
1 Sell rating(s)
5 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.42
Reinsurance Group of America
0 Sell rating(s)
3 Hold rating(s)
8 Buy rating(s)
2 Strong Buy rating(s)
2.92

RenaissanceRe received 17 more outperform votes than Reinsurance Group of America when rated by MarketBeat users. However, 52.44% of users gave Reinsurance Group of America an outperform vote while only 51.28% of users gave RenaissanceRe an outperform vote.

CompanyUnderperformOutperform
RenaissanceReOutperform Votes
361
51.28%
Underperform Votes
343
48.72%
Reinsurance Group of AmericaOutperform Votes
344
52.44%
Underperform Votes
312
47.56%

100.0% of RenaissanceRe shares are held by institutional investors. Comparatively, 95.1% of Reinsurance Group of America shares are held by institutional investors. 1.3% of RenaissanceRe shares are held by company insiders. Comparatively, 1.4% of Reinsurance Group of America shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Summary

RenaissanceRe beats Reinsurance Group of America on 12 of the 22 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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RNR vs. The Competition

MetricRenaissanceReFire, marine, & casualty insurance IndustryFinance SectorNYSE Exchange
Market Cap$14.13B$46.67B$11.00B$20.15B
Dividend Yield0.59%6.19%10.27%3.50%
P/E Ratio3.9210.8045.2144.53
Price / Sales1.121.82225.9417.75
Price / Cash8.0119.5429.5821.28
Price / Book1.352.344.234.71
Net Income$2.56B$3.90B$1.02B$986.85M
7 Day Performance4.53%4.75%1.32%3.76%
1 Month Performance-1.14%13.48%4.22%4.65%
1 Year Performance25.72%62.51%26.34%27.69%

RenaissanceRe Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RNR
RenaissanceRe
4.1302 of 5 stars
$271.96
+2.8%
$293.00
+7.7%
+25.7%$14.13B$12.59B3.92925Analyst Revision
Positive News
RGA
Reinsurance Group of America
4.8327 of 5 stars
$230.74
+0.7%
$227.77
-1.3%
+42.9%$15.20B$18.57B21.193,900Analyst Forecast
News Coverage
ESGR
Enstar Group
2.9365 of 5 stars
$324.71
+0.1%
N/A+21.7%$4.95B$1.43B4.90830Analyst Forecast
Positive News
High Trading Volume
GLRE
Greenlight Capital Re
3.1211 of 5 stars
$15.07
+0.5%
N/A+33.2%$524.92M$666.34M5.9530
MHLD
Maiden
N/A$1.72
+3.0%
N/A+4.9%$170.83M$89.23M-2.5750
ALL
Allstate
4.9245 of 5 stars
$203.80
+0.2%
$214.19
+5.1%
+49.7%$53.97B$62.43B13.2053,400
AIG
American International Group
4.8144 of 5 stars
$76.06
+0.1%
$84.80
+11.5%
+17.1%$47.44B$46.80B-22.4425,200Positive News
ACGL
Arch Capital Group
4.4244 of 5 stars
$99.69
+1.1%
$118.38
+18.7%
+16.0%$37.51B$13.63B6.696,400Analyst Forecast
HIG
The Hartford Financial Services Group
4.9149 of 5 stars
$120.72
+0.9%
$120.88
+0.1%
+55.3%$35.00B$24.53B12.1018,700Insider Trade
CINF
Cincinnati Financial
4.5293 of 5 stars
$156.47
+1.0%
$138.57
-11.4%
+53.3%$24.46B$10.01B8.045,426Dividend Announcement
WRB
W. R. Berkley
4.8547 of 5 stars
$62.27
+0.2%
$63.08
+1.3%
+31.4%$23.73B$13.16B15.928,329Analyst Downgrade
Positive News

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This page (NYSE:RNR) was last updated on 11/23/2024 by MarketBeat.com Staff
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