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Why the growth investor may take a look at RENAISSANCERE HOLDINGS LTD (NYSE:RNR).

By Mill Chart

Last update: Mar 6, 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.

A Deep Dive into RENAISSANCERE HOLDINGS LTD's Growth Metrics.

  • RENAISSANCERE HOLDINGS LTD has achieved an impressive Return on Equity (ROE) of 32.19%, showcasing its ability to generate favorable returns for shareholders.
  • RENAISSANCERE HOLDINGS LTD has consistently exceeded EPS estimates in the last 4 quarters, demonstrating its ability to outperform market expectations. This trend highlights the company's strong financial performance and its potential for future growth.
  • RENAISSANCERE HOLDINGS LTD has achieved significant 1-year revenue growth of 100.0%, signaling its ability to capture market opportunities and drive top-line expansion. This growth indicates the company's effective execution and its potential for continued success.
  • RENAISSANCERE HOLDINGS LTD has experienced 25.8% q2q revenue growth, indicating a significant sales increase.
  • With a favorable trend in its operating margin over the past year, RENAISSANCERE HOLDINGS LTD demonstrates its ability to enhance profitability through efficient operations. This growth reflects the company's focus on optimizing its cost structure.
  • 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.
  • The EPS of RENAISSANCERE HOLDINGS LTD has exhibited growth from one quarter to another (Q2Q), with a 60.57% increase. This underscores the company's ability to generate higher earnings and improve its financial standing.
  • The average next Quarter EPS Estimate by analysts was adjusted by 4.83%, reflecting the evolving market expectations for the company's EPS growth.
  • In the most recent financial report, RENAISSANCERE HOLDINGS LTD reported a 60.57% increase in quarterly earnings compared to the previous quarter. This notable growth indicates positive momentum in the company's financials, suggesting an upward trend
  • RENAISSANCERE HOLDINGS LTD shows accelerating EPS growth: when comparing the current Q2Q growth of 60.57% to the previous year Q2Q growth of 55.63%, we see the growth rate improving.

How does the complete fundamental picture look for NYSE:RNR?

At ChartMill, a crucial aspect of their analysis is the assignment of a Fundamental Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous fundamental indicators and properties.

Overall RNR gets a fundamental rating of 6 out of 10. We evaluated RNR against 142 industry peers in the Insurance industry. RNR has an excellent profitability rating, but there are some minor concerns on its financial health. RNR is not priced too expensively while it is growing strongly. Keep and eye on this one!

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

Our Lois Navellier screen will find you more ideas suited for growth investing.

Keep in mind

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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