Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

RenaissanceRe Holdings Ltd. (RNR)

Company Dividend Discount ModelIndustry: Insurance - ReinsuranceSector: Financial Services

Valuation Snapshot

Stable Growth$5,945.96 - $7,005.35$6,565.04
Multi-Stage$1,711.12 - $1,876.81$1,792.42
Blended Fair Value$4,178.73
Current Price$253.93
Upside1,545.62%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS6.37%5.82%1.641.531.321.381.391.211.071.041.051.10
YoY Growth--7.64%16.14%-4.65%-0.97%15.37%12.35%2.86%-0.41%-4.42%17.54%
Dividend Yield--0.69%0.65%0.66%0.87%0.87%0.81%0.74%0.75%0.73%0.92%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)1,732.19
(-) Cash Dividends Paid (M)77.22
(=) Cash Retained (M)1,654.97
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)346.44216.52129.91
Cash Retained (M)1,654.971,654.971,654.97
(-) Cash Required (M)-346.44-216.52-129.91
(=) Excess Retained (M)1,308.531,438.451,525.06
(/) Shares Outstanding (M)49.1849.1849.18
(=) Excess Retained per Share26.6129.2531.01
LTM Dividend per Share1.571.571.57
(+) Excess Retained per Share26.6129.2531.01
(=) Adjusted Dividend28.1830.8232.58
WACC / Discount Rate5.12%5.12%5.12%
Growth Rate5.50%6.50%7.50%
Fair Value$5,945.96$6,565.04$7,005.35
Upside / Downside2,241.58%2,485.37%2,658.77%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)1,732.191,844.791,964.702,092.402,228.412,373.252,444.45
Payout Ratio4.46%21.57%38.67%55.78%72.89%90.00%92.50%
Projected Dividends (M)77.22397.85759.841,167.211,624.322,135.932,261.12

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate5.12%5.12%5.12%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)374.92378.47382.03
Year 2 PV (M)674.77687.62700.60
Year 3 PV (M)976.781,004.821,033.39
Year 4 PV (M)1,280.961,330.231,380.89
Year 5 PV (M)1,587.331,664.001,743.60
PV of Terminal Value (M)79,249.9583,077.7687,052.06
Equity Value (M)84,144.7288,142.9092,292.57
Shares Outstanding (M)49.1849.1849.18
Fair Value$1,711.12$1,792.42$1,876.81
Upside / Downside573.85%605.87%639.11%

High-Yield Dividend Screener

« Prev Page 4 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
EG7.IRFBD Holdings plc12.49%$1.9761.47%
WILCG. Willi-Food International Ltd.12.48%$3.5852.70%
9908.HKJiaXing Gas Group Co., Ltd.12.44%$1.0240.94%
MPMX.JKPT Mitra Pinasthika Mustika Tbk12.44%$120.0095.84%
0QL5.LCarlo Gavazzi Holding AG12.42%$20.0062.49%
GOZ.AXGrowthpoint Properties Australia12.40%$0.3016.37%
1999.HKMan Wah Holdings Limited12.39%$0.5757.62%
1285.HKJiashili Group Limited12.38%$0.1455.24%
600015.SSHua Xia Bank Co., Limited12.36%$0.8549.77%
BNP.DEBNP Paribas S.A.12.28%$10.0751.11%
0836.HKChina Resources Power Holdings Company Limited12.20%$2.1541.97%
BIS.AXBisalloy Steel Group Limited12.19%$0.5981.88%
KBS.BKKhonburi Sugar Public Company Limited12.17%$0.7056.34%
9300.SRAlwaha REIT Fund12.14%$1.1871.67%
2005.HKSSY Group Limited12.13%$0.3550.50%
BGI-UN.TOBrookfield Global Infrastructure Securities Income Fund12.09%$0.9646.13%
2003.HKVCREDIT Holdings Limited12.07%$0.3218.47%
1713.HKSichuan Energy Investment Development Co., Ltd.12.02%$0.2941.35%
NSI.ASNSI N.V.12.02%$2.3330.60%
RIO1.DERio Tinto Group12.02%$8.2864.54%
IGL.AXIVE Group Limited12.01%$0.3574.81%
0G5B.LSto SE & Co. KGaA12.00%$14.6483.41%
CDU.LSConduril - Engenharia, S.A.12.00%$1.8069.00%
2156.HKC&D Property Management Group Co. Limited11.98%$0.3354.74%
0057.HKChen Hsong Holdings Limited11.94%$0.1945.38%
BBSE3.SABB Seguridade Participações S.A.11.93%$4.2691.94%
SWUT.VISW Umwelttechnik Stoiser & Wolschner AG11.93%$3.7034.18%
0Q76.LCBo Territoria S.A.11.92%$0.4461.80%
ALCOF.PACofidur S.A.11.92%$34.8038.87%
0239.HKPak Fah Yeow International Limited11.87%$0.2852.60%
2356.HKDah Sing Banking Group Limited11.87%$1.2941.19%
3311.HKChina State Construction International Holdings Limited11.87%$1.1029.31%
ENGI.PAEngie S.A.11.87%$2.7376.93%
SENA.BKSena Development Public Company Limited11.86%$0.2074.93%
4348.SRAlkhabeer REIT Fund11.85%$0.6698.08%
AWZ.SIMulti-Chem Limited11.83%$0.4160.70%
0331.HKFSE Lifestyle Services Limited11.81%$0.6731.73%
SUL.AXSuper Retail Group Limited11.78%$1.8791.92%
2877.HKChina Shineway Pharmaceutical Group Limited11.77%$1.0139.47%
DSWLDeswell Industries, Inc.11.77%$0.4027.95%
0855.HKChina Water Affairs Group Limited11.75%$0.6256.78%
0659.HKCTF Services Limited11.70%$0.8876.18%
DRA.AXDRA Global Limited11.69%$0.2158.65%
GWA.AXGWA Group Limited11.68%$0.2995.40%
0968.HKXinyi Solar Holdings Limited11.67%$0.3670.18%
ENI-UN.TOEnergy Income Fund11.66%$0.2356.38%
TCF.AX360 Capital Mortgage REIT11.66%$0.6776.18%
3316.HKBinjiang Service Group Co. Ltd.11.65%$2.7669.09%
CC3.SIStarHub Ltd11.65%$0.1381.69%
TFG-R.BKThaifoods Group Public Company Limited11.65%$0.5242.58%