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Is NYSE:RNR a Fit for Growth Investing Strategies?

By Mill Chart

Last update: Jan 22, 2024

In this article we will dive into RENAISSANCERE HOLDINGS LTD (NYSE:RNR) as a possible candidate for growth investing. Investors should always do their own research, but we noticed RENAISSANCERE HOLDINGS LTD showing up in our Louis Navellier growth screen, which makes it worth to investigate a bit more.

Key Considerations for Growth Investors.

  • The Return on Equity (ROE) of RENAISSANCERE HOLDINGS LTD stands at 25.54%, reflecting the company's strong profitability and effective utilization of shareholder equity. This metric signifies the company's ability to generate returns for its investors.
  • RENAISSANCERE HOLDINGS LTD has consistently surpassed EPS estimates in the last 4 quarters, reflecting its strong financial performance and effective management. This trend suggests the company's ability to generate positive earnings surprises and drive shareholder value.
  • RENAISSANCERE HOLDINGS LTD has demonstrated strong 1-year revenue growth of 116.0%, reflecting revenue momentum and its ability to generate consistent top-line expansion. This growth underscores the company's strong market position and its potential for future success.
  • RENAISSANCERE HOLDINGS LTD has demonstrated strong q2q revenue growth of 56.05%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
  • RENAISSANCERE HOLDINGS LTD has shown positive growth in its operating margin over the past year, indicating improved operational efficiency. This growth highlights the company's ability to effectively manage costs and maximize profitability.
  • RENAISSANCERE HOLDINGS LTD has shown positive growth in its free cash flow (FCF) over the past year, indicating improved cash generation and financial strength. This growth highlights the company's ability to effectively manage its cash flows and generate surplus funds.
  • RENAISSANCERE HOLDINGS LTD has demonstrated consistent growth in its earnings per share (EPS) from one quarter to another (Q2Q), with a 190.0% increase. This indicates improving financial performance and the company's effective management of its operations.
  • Over the past 3 months, analysts have adjusted their EPS Estimate for RENAISSANCERE HOLDINGS LTD with a 7.1% change. This highlights the evolving outlook on the company's EPS potential.
  • In the most recent financial report, RENAISSANCERE HOLDINGS LTD reported a 190.0% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
  • The earnings per share (EPS) growth of RENAISSANCERE HOLDINGS LTD are accelerating: the current Q2Q growth of 190.0% is above the previous year Q2Q growth of -3.23%. Earnings momentum and acceleration are key for high growth systems.

Zooming in on the fundamentals.

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

RNR gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 141 industry peers in the Insurance industry. RNR has only an average score on both its financial health and profitability. RNR is evaluated to be cheap and growing strongly. This does not happen too often! This makes RNR very considerable for value and growth investing!

Our latest full fundamental report of RNR contains the most current fundamental analsysis.

More growth stocks can be found in our Lois Navellier screen.

Disclaimer

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.

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RENAISSANCERE HOLDINGS LTD

NYSE:RNR (4/23/2024, 12:16:08 PM)

222.6

-4.22 (-1.86%)

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