(VIANEWS) – RenaissanceRe Hold (RNR), Stifel Financial Corporation (SF), Stag Industrial (STAG) are the highest sales growth and return on equity stocks on this list.
Here is a list of stocks with an above 5% expected next quarter sales growth, and a 3% or higher return on equity. May these stocks be a good medium-term investment option?
1. RenaissanceRe Hold (RNR)
35.3% sales growth and 28.49% return on equity
RenaissanceRe Holdings Ltd., together with its subsidiaries, 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 reinsurance to insure insurance and reinsurance companies against natural and man-made catastrophes, including hurricanes, earthquakes, typhoons, and tsunamis, as well as 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, 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. It distributes products and services primarily through intermediaries. The company invests in and manages funds. RenaissanceRe Holdings Ltd. was founded in 1993 and is headquartered in Pembroke, Bermuda.
Earnings Per Share
As for profitability, RenaissanceRe Hold has a trailing twelve months EPS of $52.26.
PE Ratio
RenaissanceRe Hold has a trailing twelve months price to earnings ratio of 4.4. Meaning, the purchaser of the share is investing $4.4 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 28.49%.
Moving Average
RenaissanceRe Hold’s value is above its 50-day moving average of $213.47 and way higher than its 200-day moving average of $202.14.
Sales Growth
RenaissanceRe Hold’s sales growth is 54% for the present quarter and 35.3% for the next.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 14, 2024, the estimated forward annual dividend rate is 1.56 and the estimated forward annual dividend yield is 0.7%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 21.7% and 21.4%, respectively.
2. Stifel Financial Corporation (SF)
10.7% sales growth and 9.84% return on equity
Stifel Financial Corp., a financial services and bank holding company, provides retail and institutional wealth management, and investment banking services to individual investors, corporations, municipalities, and institutions in the United States, the United Kingdom, the rest of Europe, and Canada. It operates in three segments: Global Wealth Management, Institutional Group, and Other. The company provides private client services, including securities transaction and financial planning services; institutional equity and fixed income sales, trading and research, and municipal finance services; investment banking services, such as mergers and acquisitions, public offerings, and private placements; and retail and commercial banking services comprising personal and commercial lending programs, as well as deposit accounts. It also participates in and manages underwritings for corporate and public finance; and offers financial advisory and securities brokerage services. The company was founded in 1890 and is headquartered in St. Louis, Missouri.
Earnings Per Share
As for profitability, Stifel Financial Corporation has a trailing twelve months EPS of $4.28.
PE Ratio
Stifel Financial Corporation has a trailing twelve months price to earnings ratio of 17.63. Meaning, the purchaser of the share is investing $17.63 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.84%.
3. Stag Industrial (STAG)
8.3% sales growth and 5.71% return on equity
STAG Industrial, Inc. (NYSE: STAG) is a real estate investment trust focused on the acquisition and operation of single-tenant, industrial properties throughout the United States. By targeting this type of property, STAG has developed an investment strategy that helps investors find a powerful balance of income plus growth.
Earnings Per Share
As for profitability, Stag Industrial has a trailing twelve months EPS of $1.07.
PE Ratio
Stag Industrial has a trailing twelve months price to earnings ratio of 35.07. Meaning, the purchaser of the share is investing $35.07 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 5.71%.
Sales Growth
Stag Industrial’s sales growth is 7.5% for the current quarter and 8.3% for the next.
Volume
Today’s last reported volume for Stag Industrial is 1161680 which is 6.92% below its average volume of 1248050.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Stag Industrial’s EBITDA is 13.36.
Yearly Top and Bottom Value
Stag Industrial’s stock is valued at $37.52 at 10:22 EST, under its 52-week high of $39.61 and way higher than its 52-week low of $31.01.
Previous days news about Stag Industrial(STAG)
- Stag industrial (stag) laps the stock market: here's why. According to Zacks on Wednesday, 6 March, "Market participants will be closely following the financial results of Stag Industrial in its upcoming release. ", "The latest trading session saw Stag Industrial (STAG Quick QuoteSTAG – Free Report) ending at $37.35, denoting a +0.62% adjustment from its last day’s close. "
4. Netflix (NFLX)
7.3% sales growth and 26.15% return on equity
Netflix, Inc. provides entertainment services. It offers TV series, documentaries, feature films, and games across various genres and languages. The company also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices. It has operations in approximately 190 countries. The company was incorporated in 1997 and is headquartered in Los Gatos, California.
Earnings Per Share
As for profitability, Netflix has a trailing twelve months EPS of $12.05.
PE Ratio
Netflix has a trailing twelve months price to earnings ratio of 50.19. Meaning, the purchaser of the share is investing $50.19 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 26.15%.
Volume
Today’s last reported volume for Netflix is 1877190 which is 61.19% below its average volume of 4837960.
Earnings Before Interest, Taxes, Depreciation, and Amortization
Netflix’s EBITDA is 8.17.
Previous days news about Netflix(NFLX)
- According to Zacks on Wednesday, 6 March, "A classic example of disruptions in the entertainment industry is Netflix ((NFLX Quick QuoteNFLX – Free Report) ) and Blockbuster. "
- The zacks analyst blog highlights wynn resorts, interface, ralph lauren, royal caribbean cruises and Netflix. According to Zacks on Thursday, 7 March, "This is helping Netflix sustain its leading position despite the launch of new services like Disney+ and Apple TV+, as well as existing services like Amazon Prime Video."
- According to Zacks on Thursday, 7 March, "AAPL’s services efforts include the App Store, Netflix and Spotify competitors, Apple Wallet, a video game platform, and more. "
- According to Zacks on Friday, 8 March, "AAPL’s services efforts include the App Store, Netflix and Spotify competitors, Apple Wallet, a video game platform, and more. "
- According to Zacks on Wednesday, 6 March, "This is helping Netflix sustain its leading position despite the launch of new services like Disney+ and Apple TV+, as well as existing services like Amazon Prime Video."
