RenaissanceRe Hold Already 5% Down, Almost One Hour Before The NYSE Open

(VIANEWS) – The NYSE opens in less than one hour and RenaissanceRe Hold‘s pre-market value is already 5% down.

RenaissanceRe Hold’s last close was $212.89, 4.87% under its 52-week high of $223.80.

The last session, NYSE ended with RenaissanceRe Hold (RNR) rising 1.01% to $212.89. NYSE slid 0.21% to $15,840.16, after four sequential sessions in a row of losses, on what was a somewhat bearish trend trading session.

About RenaissanceRe Hold

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 retrocessional reinsurance to insure insurance and reinsurance companies against natural and man-made catastrophes, including hurricanes, earthquakes, typhoons, 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, 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. It also 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 $10.54.

PE Ratio

RenaissanceRe Hold has a trailing twelve months price to earnings ratio of 20.2. Meaning, the purchaser of the share is investing $20.2 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 negative -11.57%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 103.7% and 39.9%, respectively.

More news about RenaissanceRe Hold (RNR).

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