Is NYSE:RNR a Fit for Growth Investing Strategies?

Growth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if RENAISSANCERE HOLDINGS LTD (NYSE:RNR) is suited for growth investing. Investors should of course do their own research, but we spotted RENAISSANCERE HOLDINGS LTD showing up in our Louis Navellier growth screen, so it may be worth spending some more time on it.

Why NYSE:RNR may be interesting for growth investors.

• RENAISSANCERE HOLDINGS LTD showcases a robust Return on Equity (ROE) of 25.54%, indicating its ability to generate favorable returns for shareholders. This metric underscores the company's efficiency in utilizing its equity capital to generate profits.
• With a track record of beating EPS estimates in the last 4 quarters, RENAISSANCERE HOLDINGS LTD showcases its consistent ability to deliver earnings surprises. This reflects the company's strong execution and its competitive position in the market.
• 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.
• With positive growth in its operating margin over the past year, RENAISSANCERE HOLDINGS LTD showcases its ability to improve profitability through effective cost control and operational efficiency. This growth underscores the company's commitment to enhancing its financial performance.
• With a favorable trend in its free cash flow (FCF) over the past year, RENAISSANCERE HOLDINGS LTD demonstrates its ability to generate robust cash flows and maintain financial stability. This growth reflects the company's focus on efficient capital allocation and cash management.
• RENAISSANCERE HOLDINGS LTD has shown positive momentum in its earnings per share (EPS) on a quarter-to-quarter (Q2Q) basis, with a 190.0% increase. This reflects the company's successful execution of its business strategies and its commitment to delivering improved financial results.
• Analysts' average next Quarter EPS Estimate for RENAISSANCERE HOLDINGS LTD has witnessed a 7.83% change in the last 3 months, underscoring the dynamic nature of market sentiment towards the company's EPS prospects.
• The quarterly earnings of RENAISSANCERE HOLDINGS LTD have shown a 190.0% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• RENAISSANCERE HOLDINGS LTD shows accelerating EPS growth: when comparing the current Q2Q growth of 190.0% to the previous year Q2Q growth of -3.23%, we see the growth rate improving.

A complete fundamental analysis of NYSE:RNR

ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.

We assign a fundamental rating of 6 out of 10 to RNR. RNR was compared to 142 industry peers in the Insurance industry. RNR has an average financial health and profitability rating. RNR is growing strongly while it also seems undervalued. This is an interesting combination These ratings could make RNR a good candidate 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.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.