- Operating EPS: $12.41, which is higher than last year’s $8.79 and beats the estimate of $10.75.
- Net Premiums Written: $2.84 billion, representing a 29% increase year-over-year and slightly above the $2.83 billion estimate.
- Net Investment Income: $410.8 million, up 40% year-over-year, surpassing the $385.3 million estimate.
- Net Premiums Earned: $2.54 billion, marking a 42% increase year-over-year and above the $2.48 billion estimate.
- Analyst Ratings: 9 buys, 5 holds, and 1 sell.
A look at Renaissancere Holdings Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores for Renaissancere Holdings, the company shows promising long-term potential. With above-average ratings in Growth and Resilience, Renaissancere Holdings demonstrates a solid foundation for future success. Their focus on specialty reinsurance and individual risk business positions them well for sustained growth in the market.
Renaissancere Holdings also exhibits decent scores in Value and Momentum, indicating a balanced approach to their financial strategies. While their Dividend score is slightly lower, the overall outlook for the company remains positive due to its strengths in key areas. As a global provider of reinsurance and insurance, Renaissancere Holdings is well-positioned to navigate challenges and capitalize on opportunities in the industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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