Shares of RenaissanceRe Holdings Ltd. (NYSE:RNR) traded today at $143.10, breaking its 52-week low. Approximately 91,000 shares have changed hands today, as compared to an average 30-day volume of 598,000 shares.
RenaissanceRe Holdings Ltd provides reinsurance and insurance solutions and related services. The company’s core products include property catastrophe and specialty reinsurance risks. Revenue is primarily derived from three sources: net premiums earned from the insurance and insurance products sold; net investment income from the investment of capital funds and cash; and other income from the company’s joint ventures, advisory services, and other items. The reportable segments of the company are property and casualty & specialty.
RenaissanceRe Holdings Ltd. has overhead space with shares priced $143.45, or 27.3% below the average consensus analyst price target of $197.25.
In the past 52 weeks, shares of RenaissanceRe Holdings Ltd. have traded between the current low of $143.10 and a high of $191.24 and is now at $143.45.
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