RenaissanceRe (NYSE:RNR) Price Target Raised to $360.00

Posted by George Bondi on Jul 23rd, 2026

RenaissanceRe (NYSE:RNR – Free Report) had its target price raised by JPMorgan Chase & Co. from $329.00 to $360.00 in a research note issued to investors on Monday,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the insurance provider’s stock.

Other equities research analysts also recently issued reports about the stock. Wells Fargo & Company boosted their price objective on shares of RenaissanceRe from $306.00 to $329.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 9th. Weiss Ratings raised shares of RenaissanceRe from a “buy (b)” rating to a “buy (b+)” rating in a research note on Thursday, June 25th. UBS Group lifted their target price on shares of RenaissanceRe from $326.00 to $342.00 and gave the company a “neutral” rating in a report on Wednesday, July 8th. TD Cowen upped their price target on shares of RenaissanceRe from $300.00 to $315.00 and gave the stock a “hold” rating in a research report on Tuesday, July 7th. Finally, Wall Street Zen downgraded RenaissanceRe from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Five analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $333.87.

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RenaissanceRe Stock Performance

RenaissanceRe stock opened at $319.52 on Monday. The stock’s 50-day moving average is $303.83 and its 200-day moving average is $297.90. The company has a market cap of $13.62 billion, a price-to-earnings ratio of 5.33, a price-to-earnings-growth ratio of 1.25 and a beta of 0.17. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.37 and a quick ratio of 1.37. RenaissanceRe has a 12 month low of $231.17 and a 12 month high of $329.57.

RenaissanceRe (NYSE:RNR – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The insurance provider reported $12.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $11.72 by $1.20. The business had revenue of $2.77 billion during the quarter, compared to analysts’ expectations of $2.57 billion. RenaissanceRe had a return on equity of 24.01% and a net margin of 24.25%.During the same quarter in the previous year, the business earned $12.29 EPS. Equities analysts anticipate that RenaissanceRe will post 40.57 earnings per share for the current year.

RenaissanceRe Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, June 15th. RenaissanceRe’s dividend payout ratio (DPR) is presently 2.73%.

Hedge Funds Weigh In On RenaissanceRe

Institutional investors have recently added to or reduced their stakes in the company. Lightrock Netherlands B.V. grew its stake in shares of RenaissanceRe by 4,690.1% during the fourth quarter. Lightrock Netherlands B.V. now owns 1,017,508 shares of the insurance provider’s stock valued at $286,083,000 after acquiring an additional 996,266 shares in the last quarter. Orbis Allan Gray Ltd purchased a new stake in shares of RenaissanceRe during the fourth quarter worth about $178,519,000. Norges Bank acquired a new position in shares of RenaissanceRe in the fourth quarter worth about $168,582,000. Egerton Capital UK LLP acquired a new position in shares of RenaissanceRe in the fourth quarter worth about $137,944,000. Finally, GQG Partners LLC purchased a new position in RenaissanceRe in the fourth quarter valued at about $108,780,000. Institutional investors and hedge funds own 99.97% of the company’s stock.

RenaissanceRe News Summary

Here are the key news stories impacting RenaissanceRe this week:

Positive Sentiment: RenaissanceRe beat Q2 earnings expectations, reporting $12.92 per share versus estimates around $11.44-$11.70, which signals stronger-than-expected underwriting and investment performance.
Positive Sentiment: Revenue also came in above forecasts at $2.77 billion versus $2.57 billion expected, reinforcing that the quarter was better than analysts anticipated.
Positive Sentiment: JPMorgan raised its price target on RenaissanceRe to $360, suggesting at least one major analyst sees more upside following the results. JPMorgan Chase & Co. Increases RenaissanceRe (NYSE:RNR) Price Target to $360.00
Neutral Sentiment: Analysts’ average rating remains Hold, indicating the market may view the stock as fairly valued despite the strong quarter. RenaissanceRe Holdings Ltd. (NYSE:RNR) Given Average Rating of “Hold” by Analysts

RenaissanceRe Company Profile

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RenaissanceRe Holdings Ltd. is a global provider of reinsurance and insurance solutions, specializing in property catastrophe, casualty, and specialty lines. Established in 1993 and headquartered in Bermuda, the company trades on the New York Stock Exchange under the symbol RNR. With a focus on underwriting and risk assessment, RenaissanceRe offers tailored programs designed to help insurers and corporations manage exposure to natural disasters, liability claims, and other complex risks.

The company operates through two primary segments: Reinsurance and Insurance.