RenaissanceRe (RNR) Up 4.8% Since Last Earnings Report: Can It Continue?

Core Viewpoint - RenaissanceRe shares have increased by approximately 4.8% over the past month, underperforming the S&P 500, raising questions about the sustainability of this trend leading up to the next earnings report [1] Group 1: Earnings Estimates - Estimates for RenaissanceRe have trended downward over the past month, with a consensus estimate shift of -8.24% [2] - The stock has a Zacks Rank of 3 (Hold), indicating expectations for an in-line return in the coming months [4] Group 2: VGM Scores - RenaissanceRe has a poor Growth Score of F and a Momentum Score of F, but a Value Score of B, placing it in the second quintile for value investment strategy [3] - The overall aggregate VGM Score for RenaissanceRe is F, which is significant for investors not focused on a single strategy [3] Group 3: Industry Performance - RenaissanceRe is part of the Zacks Insurance - Property and Casualty industry, where Travelers (TRV) has gained 4.1% over the past month [5] - Travelers reported revenues of $11.87 billion for the last quarter, reflecting a year-over-year increase of +6.1%, with an EPS of $1.91 compared to $4.69 a year ago [5] - Travelers is expected to post earnings of $3.51 per share for the current quarter, indicating a year-over-year change of +39.8%, with a Zacks Rank of 2 (Buy) [6]