RenaissanceRe (RNR) Stock Forecast, Price Target & Predictions
RNR Stock Forecast
RenaissanceRe (RNR) stock forecast, based on 22 Wall Street analysts, predicts a 12-month average price target of $288.00, with a high of $288.00 and a low of $288.00. This represents a 19.00% increase from the last price of $242.01.
RNR Stock Rating
RenaissanceRe stock's rating consensus is Buy, based on 22 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 11 Buy (50.00%), 10 Hold (45.45%), 1 Sell (4.55%), and 0 Strong Sell (0.00%).
Buy
RNR Price Target Upside V Benchmarks
Type | Name | Upside |
---|---|---|
Stock | RenaissanceRe | 19.00% |
Sector | Financial Services Stocks | 10.72% |
Industry | Reinsurance Stocks | 20.51% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 7 |
Avg Price Target | - | - | $287.14 |
Last Closing Price | $242.01 | $242.01 | $242.01 |
Upside/Downside | - | - | 18.65% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Apr, 25 | 2 | 2 | 6 | 1 | 1 | 12 |
Mar, 25 | 2 | 2 | 6 | 1 | 1 | 12 |
Feb, 25 | 2 | 2 | 6 | 1 | 1 | 12 |
Jan, 25 | 2 | 2 | 7 | 1 | 1 | 13 |
Dec, 24 | 2 | 3 | 7 | 1 | - | 13 |
Analyst Price Target Forecasts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Jan 14, 2025 | Elyse Greenspan | Wells Fargo | $288.00 | $253.84 | 13.46% | 19.00% |
Oct 10, 2024 | Joshua Shanker | Bank of America Securities | $391.00 | $273.82 | 42.79% | 61.56% |
Oct 09, 2024 | David Motemaden | Evercore ISI | $229.00 | $261.47 | -12.42% | -5.38% |
Sep 23, 2024 | Cathy Seifert | CFRA | $305.00 | $264.55 | 15.29% | 26.03% |
Sep 04, 2024 | Alex Scott | Barclays | $287.00 | $259.04 | 10.79% | 18.59% |
Jul 29, 2024 | Yaron Kinar | Jefferies | $270.00 | $226.94 | 18.97% | 11.57% |
Jul 10, 2024 | Bob Huang | Morgan Stanley | $240.00 | $217.28 | 10.46% | -0.83% |
Feb 02, 2023 | Wells Fargo | $245.00 | $209.53 | 16.93% | 1.24% | |
Nov 29, 2022 | Wells Fargo | $200.00 | $187.37 | 6.74% | -17.36% | |
Nov 22, 2022 | Morgan Stanley | $195.00 | $183.69 | 6.16% | -19.42% |
Analyst Rating Forecasts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Jan 14, 2025 | Wells Fargo | Overweight | Overweight | hold |
Dec 18, 2024 | Jefferies | Buy | Hold | downgrade |
Oct 09, 2024 | Evercore ISI | Underperform | Underperform | hold |
Oct 09, 2024 | Jefferies | Buy | Buy | hold |
Sep 23, 2024 | CFRA | Buy | Buy | hold |
Sep 10, 2024 | Citigroup | Buy | Buy | hold |
Sep 04, 2024 | Barclays | Equal-Weight | initialise | |
Jul 29, 2024 | Jefferies | Buy | Buy | hold |
Jul 10, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | hold |
Jul 11, 2023 | Janney Montgomery | Neutral | initialise |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|---|
Reported | $15.34 | $-2.19 | $-26.95 | $52.40 | $36.01 | - | - | - | - |
Avg Forecast | $-0.34 | $1.41 | $6.28 | $33.66 | $41.98 | $30.98 | $36.72 | $39.31 | $36.66 |
High Forecast | $-0.33 | $1.52 | $6.85 | $34.01 | $42.75 | $33.87 | $41.08 | $41.34 | $38.55 |
Low Forecast | $-0.37 | $1.35 | $5.66 | $33.35 | $41.31 | $29.15 | $33.55 | $35.82 | $33.40 |
Surprise % | -4611.76% | -255.32% | -529.14% | 55.67% | -14.22% | - | - | - | - |
Revenue Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|---|
Reported | $5.16B | $5.27B | $5.05B | $9.09B | $29.32M | - | - | - | - |
Avg Forecast | $4.27B | $5.66B | $7.01B | $7.90B | $11.18B | $11.15B | $11.69B | $11.70B | $11.97B |
High Forecast | $4.53B | $5.99B | $7.49B | $8.14B | $11.22B | $11.26B | $11.94B | $12.16B | $12.45B |
Low Forecast | $4.12B | $5.46B | $6.48B | $7.72B | $11.11B | $10.94B | $11.39B | $10.90B | $11.15B |
Surprise % | 20.71% | -6.90% | -27.95% | 15.02% | -99.74% | - | - | - | - |
Net Income Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|---|---|---|
Reported | $762.40M | $-103.44M | $-1.16B | $2.53B | $1.83B | - | - | - | - |
Avg Forecast | $387.55M | $-316.90M | $-989.52M | $2.49B | $2.00B | $1.55B | $1.83B | $1.87B | $1.75B |
High Forecast | $512.77M | $-11.54M | $-696.38M | $3.20B | $2.04B | $1.61B | $1.96B | $1.97B | $1.84B |
Low Forecast | $262.34M | $-622.26M | $-1.28B | $1.78B | $1.97B | $1.39B | $1.60B | $1.71B | $1.59B |
Surprise % | 96.72% | -67.36% | 17.21% | 1.50% | -8.30% | - | - | - | - |