Why RenaissanceRe (RNR) is a Top Value Stock for the Long-Term

Core Insights - Zacks Premium offers tools for investors to enhance their stock market engagement and confidence, including daily updates, research reports, and stock screens [1][2][8] Zacks Style Scores - Zacks Style Scores are indicators that rate stocks based on value, growth, and momentum, helping investors identify stocks likely to outperform the market in the next 30 days [2][3] - Stocks are rated from A to F, with A indicating the highest potential for outperformance [3] - The Style Scores consist of four categories: Value Score, Growth Score, Momentum Score, and VGM Score, which combines all three [3][4][5] Value Score - The Value Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, and Price/Sales [3] Growth Score - The Growth Score assesses a company's financial health and future growth potential through earnings, sales, and cash flow analysis [4] Momentum Score - The Momentum Score identifies trends in stock prices and earnings estimates, aiding in timing investment decisions [4] VGM Score - The VGM Score combines the Value, Growth, and Momentum Scores to highlight stocks with the best overall potential [5] Zacks Rank - The Zacks Rank is a proprietary model based on earnings estimate revisions, with a strong historical performance, particularly 1 (Strong Buy) stocks averaging a +25.41% annual return since 1988 [6][7] - There are over 800 top-rated stocks available, making it essential for investors to utilize Style Scores for better selection [8] Stock Example: RenaissanceRe (RNR) - RenaissanceRe Holdings Ltd. specializes in property-catastrophe reinsurance and has a Zacks Rank of 3 (Hold) with a VGM Score of B [11][12] - The company has a Value Style Score of B, supported by a forward P/E ratio of 6.64, indicating attractive valuation [12] - Recent upward revisions in earnings estimates have increased the Zacks Consensus Estimate to $39.01 per share, with an average earnings surprise of 27.4% [12][13]