RenaissanceRe Holdings Ltd. (NYSE:RNR)
May 14th, 2019
Amidst rising markets RenaissanceRe Holdings Ltd. closed Tuesday up 1.66%, a $2.72 increase to close on $167.01. Furthermore it hit a new 52 week high of $167.68.
RNR outperformed the rest of the Financials sector which went up 0.80% today.
Analysis results from 10 analysts points to the possibility that RenaissanceRe Holdings Ltd. might drop somewhat (-7.32%), while Finbox has calculated (with high uncertainty) a fair value price of $149.78.
The market sectors were mixed Tuesday with a majority of the sectors trending up. Information Technology saw the biggest increase of the day (1.60%), while Utilities saw the biggest drop (-0.87%). Information Technology has seen the biggest year-to-date gain at 18.05%.
Information Technology saw the biggest turnaround from its 5-day performance of -6.38%, as it went up 1.60%. Utilities saw a turn around from its 5-day performance of 1.03% trading down -0.87%.
- Information Technology went up with a 1.60% change.
- Energy went up with a 1.09% change.
- Industrials went up with a 1.07% change.
- Consumer Discretionary went up with a 0.87% change.
- Materials went up with a 0.82% change.
- Financials went up with a 0.80% change.
- Healthcare went up with a 0.41% change.
- Consumer Staples went up with a 0.37% change.
- Real Estate went up with a 0.35% change.
- Communication Services went up with a 0.24% change.
- Utilities went down with a -0.87% change.
RenaissanceRe Holdings Ltd. Info
RenaissanceRe Holdings Ltd. provides reinsurance and insurance products in the United States and internationally. The company operates through Property, and Casualty and Specialty segments. The Property segment writes property catastrophe excess of loss reinsurance and excess of loss retrocessional reinsurance to insure insurance and reinsurance companies against natural and man-made catastrophes, including earthquakes, hurricanes, and tsunamis, as well as claims arising from other natural and man-made catastrophes comprising winter storms, freezes, floods, fires, windstorms, tornadoes, explosions, and acts of terrorism; and other property class of products, such as proportional reinsurance, property per risk, property reinsurance, and binding facilities and regional U.S. multi-line reinsurance. The Casualty and Specialty segment writes various classes of products, such as directors and officers, medical malpractice, and professional indemnity; automobile and employer’s liability, casualty clash, umbrella or excess casualty, workers’ compensation, and general liability; financial and mortgage guaranty, political risk, surety, and trade credit; and accident and health, agriculture, aviation, cyber, energy, marine, satellite, and terrorism. The company distributes its products and services primarily through intermediaries. RenaissanceRe Holdings Ltd. was founded in 1993 and is headquartered in Pembroke, Bermuda.
All amounts in USD unless otherwise indicated
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