Hannover Rück (HVRRY) Stock Price, News & Analysis

Company Overview

Hannover Rück SE, together with its subsidiaries, provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally. It operates through Property & Casualty Reinsurance; and Life & Health Reinsurance segments. The company provides property and casualty reinsurance solutions for agricultural, livestock, and bloodstock; aviation and space; catastrophe XL; credit, surety, and political risks; facultative; and marine and offshore energy businesses, as well as insurance-linked securities and structured reinsurance. It offers risk solutions in the areas of critical illness, disability, health, longevity, long term care, and mortality. In addition, the company offers group life, retirement, lifestyle, credit life, and Takaful reinsurance products. Further, the company provides various financial solutions, including new-business financing; monetization of embedded value; reserve and solvency relief; and reinsurance and solvency II businesses. The company was formerly known as Hannover Rückversicherung AG and changed its name to Hannover Rück SE in March 2013. Hannover Rück SE was founded in 1966 and is based in Hanover, Germany. Hannover Rück SE operates as a subsidiary of Talanx AG.

Key Stats

• Today's Range: $42.03 to $43.00
• 50-Day Range: $42.13 to $47.69
• 52-Week Range: $38.40 to $48.42
• Volume: 6,398 shs
• Average Volume: 5,012 shs
• Market Capitalization: $30.76 billion
• P/E Ratio: 12.58
• Dividend Yield: 1.79%
• Price Target: N/A
• Consensus Rating: N/A

Hannover Rück Stock Analysis - MarketRank™

Hannover Rück scored higher than 70% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Hannover Rück.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 8.96%

Earnings Growth

Earnings for Hannover Rück are expected to grow by 8.96% in the coming year, from $3.35 to $3.65 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Hannover Rück is 12.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.09.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hannover Rück is 12.58, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 28.54.

Price to Book Value per Share Ratio

Hannover Rück has a P/B Ratio of 2.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.00% of the outstanding shares of Hannover Rück have been sold short.

Short Interest Ratio / Days to Cover

Hannover Rück has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Hannover Rück has recently decreased by 6.45%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Hannover Rück pays a meaningful dividend of 1.80%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Hannover Rück does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Hannover Rück is 22.49%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Hannover Rück will have a dividend payout ratio of 20.82% next year. This indicates that Hannover Rück will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.00% of the outstanding shares of Hannover Rück have been sold short.

Short Interest Ratio / Days to Cover

Hannover Rück has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Hannover Rück has recently decreased by 6.45%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: N/A

News Sentiment

Hannover Rück has a news sentiment score of 1.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.78 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Hannover Rück this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Hannover Rück insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 0.01% of the stock of Hannover Rück is held by institutions.

HVRRY Stock Analysis - Frequently Asked Questions

How have HVRRY shares performed this year?

Hannover Rück's stock was trading at $39.85 at the beginning of the year. Since then, HVRRY shares have increased by 6.7% and is now trading at $42.51.
View the best growth stocks for 2024 here.

How were Hannover Rück's earnings last quarter?

Hannover Rück SE (OTCMKTS:HVRRY) issued its quarterly earnings data on Wednesday, November, 4th. The financial services provider reported $0.39 EPS for the quarter, missing the consensus estimate of $0.47 by $0.08. The financial services provider earned $4.72 billion during the quarter. Hannover Rück had a trailing twelve-month return on equity of 19.44% and a net margin of 8.78%.

When did Hannover Rück's stock split?

Hannover Rück shares split on Tuesday, March 5th 2024. The 3-1 split was announced on Tuesday, March 5th 2024. The newly created shares were issued to shareholders after the closing bell on Tuesday, March 5th 2024. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

How do I buy shares of Hannover Rück?

Shares of HVRRY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 11/04/2015
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Finance
• Industry: Insurance carriers, not elsewhere classified
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:HVRRY
• CUSIP: N/A
• CIK: N/A
• Web: www.hannover-re.com
• Phone: (495) 115-6040
• Fax: 49-5115-604-1648
• Employees: 3,756
• Year Founded: 1966

Profitability

• EPS (Most Recent Fiscal Year): $3.38
• Trailing P/E Ratio: 12.58
• Forward P/E Ratio: 12.69
• P/E Growth: N/A
• Net Income: $1.97 billion
• Net Margins: 8.78%
• Pretax Margin: 9.68%
• Return on Equity: 19.44%
• Return on Assets: 3.29%

Debt

• Debt-to-Equity Ratio: 0.39
• Current Ratio: 0.13
• Quick Ratio: 0.13

Sales & Book Value

• Annual Sales: $26.47 billion
• Price / Sales: 1.16
• Cash Flow: $2.62 per share
• Price / Cash Flow: 16.24
• Book Value: $16.48 per share
• Price / Book: 2.58

Miscellaneous

• Outstanding Shares: 723,583,000
• Free Float: N/A
• Market Cap: $30.76 billion
• Optionable: Not Optionable
• Beta: 0.73