On 2016-08-02, RenaissanceRe Holdings Ltd. (NYSE:RNR) confirmed the dividend disbursement of $0.31 a share to shareholders as on record 2016-09-15. The firm will release dividend on 2016-09-30 while ex-dividend date is reported to be 2016-09-13.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, RenaissanceRe Holdings Ltd. (NYSE:RNR) paid a total of $0.31 per share in dividends. This figure stood at $0.31 a share in the same period a year ago indicating a deviation of 3.4483%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $120.5 on the stock. This figure is the average of recommendations offered by 6 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $134 and $111, respectively.
Taking the mathematical rating formula, the price for RenaissanceRe Holdings Ltd. (NYSE:RNR) stands at 2.89. Earnings Review RenaissanceRe Holdings Ltd. (NYSE:RNR) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-02. For the period ending on 2016-09-30, experts are expecting EPS of $1.79.
Coming to the quarter ending on 2015-12-31, RenaissanceRe Holdings Ltd. (NYSE:RNR) recorded EPS of $1.55. The reported numbers came lower than the analysts’ estimates of $2.01, demonstrating a miss of $-0.46 as against reported figures.
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