Several brokerages have updated their recommendations and price targets on shares of RenaissanceRe (NYSE: RNR) in the last few weeks:
- 10/12/2026 – RenaissanceRe had its price target raised by TD Cowen from $315.00 to $320.00. They now have a “hold” rating on the stock.
- 10/12/2026 – RenaissanceRe had its price target lowered by Wells Fargo & Company from $331.00 to $319.00. They now have an “equal weight” rating on the stock.
- 10/9/2026 – RenaissanceRe had its price target lowered by JPMorgan Chase & Co. from $360.00 to $355.00. They now have a “neutral” rating on the stock.
- 10/8/2026 – RenaissanceRe was upgraded by Weiss Ratings from “buy (b)” to “buy (b+)”.
- 9/22/2026 – RenaissanceRe was upgraded by Jefferies Financial Group Inc. from “hold” to “market outperform”.
- 9/22/2026 – RenaissanceRe is now covered by Royal Bank Of Canada. They set a “sector perform” rating and a $365.00 price target on the stock.
- 9/22/2026 – RenaissanceRe is now covered by Royal Bank Of Canada. They set a “hold” rating and a $365.00 price target on the stock.
RenaissanceRe Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th were paid a dividend of $0.41 per share. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $1.64 annualized dividend and a yield of 0.5%. RenaissanceRe’s dividend payout ratio (DPR) is currently 2.81%.
Insider Transactions at RenaissanceRe
In related news, EVP Robert Qutub sold 5,000 shares of RenaissanceRe stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $333.03, for a total transaction of $1,665,150.00. Following the transaction, the executive vice president directly owned 72,907 shares of the company’s stock, valued at $24,280,218.21. The trade was a 6.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.30% of the stock is currently owned by insiders.
RenaissanceRe Holdings Ltd. is a global provider of reinsurance and insurance products. The company specializes in helping insurers, businesses and other organizations manage financial risk arising from natural catastrophes, specialty exposures and certain casualty risks.
RenaissanceRe’s reinsurance activities include property catastrophe coverage, as well as casualty and specialty reinsurance. Through its insurance operations, the company provides coverage for areas such as property, casualty and other specialty risks.
Featured Articles
- Five stocks we like better than RenaissanceRe
- 4 Stocks With Demand So Sticky That the AI Sell-Off Barely Touched Them at All
- Tesla’s Roadster Reveal Hints at 2 Much Bigger Moves
- The AI Sell-Off Continues—These 3 Stocks Keep Raising Guidance Anyway
- Mr. Wonderful’s Test for AI Data Center Stocks: Power, Permits, and Tenants
Receive News & Ratings for RenaissanceRe Holdings Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RenaissanceRe Holdings Ltd and related companies with MarketBeat.com's FREE daily email newsletter.
