With 0.89 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.31 million shares. During the session, the Insurance – Reinsurance company that operates in wider Financial sector, reached to the highest price of $224.75 whereas the lowest price it dropped to was $210.51. The 52-week range on RNR shows that it touched its highest point at $239.42 and its lowest point at $174.22 during that stretch. It currently has a 1-year price target of $267.00. With its current market cap of 11.61 billion, RNR has annualized dividend of $1.54 while the current yield stands at 0.70%. Beta for the stock currently stands at 0.38.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RNR was down-trending over the past week, with a drop of -4.48%, but this was down by -4.31% over a month. Three-month performance dropped to -0.10% while six-month performance rose 4.91%. The stock gained 8.96% in the past year, while it has gained 12.04% so far this year. A look at the trailing 12-month EPS for RNR yields 50.56 with Next year EPS estimates of 35.29. For the next quarter, that number is 4.60. This implies an EPS growth rate of 0.09% for this year and -6.07% for next year. EPS is expected to grow by 2.60% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 60.49%.
Float and Shares Shorts:
At present, 52.69 million RNR shares are outstanding with a float of 50.54 million shares on hand for trading. On 2024-07-15, short shares totaled 0.82 million, which was 155.99999999999997 higher than short shares on 1718323200. In addition to Mr. Kevin Joseph O’Donnell as the firm’s President, CEO & Director, Mr. Robert Qutub serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.98855 of RNR’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RNR since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.