RenaissanceRe Holdings Ltd (NYSE:RNR) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. RenaissanceRe Holdings Ltd is a provider of insurance products. Its portfolio encompasses property catastrophe and specialty reinsurance risks. RenaissanceRe Holdings Ltd has a market cap of $5.74 billion; its shares were traded at around $142.65 with a P/E ratio of 29.02 and P/S ratio of 2.79. The dividend yield of RenaissanceRe Holdings Ltd stocks is 0.92%.
For the last quarter RenaissanceRe Holdings Ltd reported a revenue of $112.8 million, compared with the revenue of $489.1 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $329.7 million, a decrease of 84.3% from the previous year. For the last five years RenaissanceRe Holdings Ltd had an average revenue decline of 14.2% a year.
The reported diluted earnings per share was $4.91 for the year, an increase of -179.8% from previous year. The profitability rank of the company is 4 (out of 10).
Best Insurance Stocks To Invest In 2019: Jabil Circuit Inc.(JBL)
Advisors’ Opinion:
- [By Peter Graham]
Nevertheless, a long term performance chart shows Sanmina Corp previously being an outperformer, but now falling off while potential large cap peer Flextronics International Ltd (NASDAQ: FLEX) has given a steady performance over the last two years and small cap Celestica Inc (NYSE: CLS) and mid cap Jabil Circuit, Inc (NYSE: JBL) have similar unaspiring charts:
- [By Chris Lange]
Jabil Inc. (NYSE: JBL) is scheduled to share its quarterly report early on Tuesday. The consensus forecast is $0.68 in EPS on revenue of $5.43 billion. Shares were trading at $29.80. The stock has a 52-week range of $23.70 to $31.77, and the consensus price target is $32.56.
- [By Logan Wallace]
Jabil (NYSE:JBL) updated its FY19 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $3.00 for the period, compared to the Thomson Reuters consensus estimate of $2.96. The company issued revenue guidance of $24.5 billion, compared to the consensus revenue estimate of $22.63 billion.Jabil also updated its Q1 guidance to $0.79-0.99 EPS.
- [By Peter Graham]
A long term performance chart shows shares of small cap Sanmina Corp (NASDAQ: SANM), a previous Elite Opportunity Pro (EOP) newsletter suggestion as the next breakout stock, and mid cap Flextronics International being bigger winners (albeit FLEX has steadily risen for two years while SANM has already peaked) compared with the moderately positive performance of mid cap Jabil Circuit, Inc (NYSE: JBL) and small cap Celestica Inc (NYSE: CLS):
- [By Garrett Baldwin]
Following the June FOMC meeting, silver prices are hovering at very attractive price levels. With interest rates heading higher, it’s going to be a very good time for silver hounds to buy on the dip and deliver incredible profits in the months ahead. Learn more right here.
The Top Stock Market Stories for Thursday
On Thursday, the European Central Bank held its meeting in Latvia to discuss the future of its quantitative easing program. The central bank of the world’s largest economic bloc said that it will likely end its quantitative easing program in December. This represents an extension beyond the current plan to end the stimulus program in September. ECB President Mario Draghi said the program would be reduced to 15 billion euros each month during the final three months of the year. Yesterday, the U.S. Federal Reserve raised interest rates for the second time in 2018. The central bank said that economic growth has been rising at a solid rate and hinted that it could raise rates two more times this year. Fed Chair Jerome Powell did raise an alarm on Wednesday after stating that companies are holding back on investment due to ongoing concerns about U.S. President Donald Trump’s trade policies. Trump is expected to decide this week on whether to proceed with tariffs on about $50 billion in Chinese goods. Trade tensions are heating up again. This morning, China announced it would call off its deal to avoid a trade war if the Trump administration proceeds with tariffs on Friday morning. Tomorrow, the Trump team will decide if it will hit China with tariffs on roughly $50 billion in goods.
Stocks to Watch Today: ADBE, CMCSA, TSLA, MSFT
Adobe Systems Inc. (Nasdaq: ADBE) will report earnings after the bell Thursday. The software giant is expected to report earnings per share of $1.54 on top of $2.15 billion in revenue. Insider buying is alive and well at Tesla Inc. (Nasdaq: TSLA). Chair and CEO Elon Musk purchased $25 million in company stock, according to a - [By Shane Hupp]
New York State Teachers Retirement System reduced its stake in shares of Jabil Inc (NYSE:JBL) by 4.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 333,980 shares of the technology company’s stock after selling 17,112 shares during the period. New York State Teachers Retirement System owned 0.20% of Jabil worth $9,238,000 at the end of the most recent quarter.
Best Insurance Stocks To Invest In 2019: ArQule Inc.(ARQL)
Advisors’ Opinion:
- [By Ethan Ryder]
Get a free copy of the Zacks research report on ArQule (ARQL)
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- [By Motley Fool Transcribers]
Arqule Inc (NASDAQ:ARQL)Q4 2018 Earnings Conference CallMarch 07, 2019, 9:00 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
- [By Stephan Byrd]
ArQule, Inc. (NASDAQ:ARQL) Director Ronald M. Lindsay acquired 23,900 shares of the company’s stock in a transaction on Thursday, May 10th. The stock was acquired at an average price of $2.67 per share, for a total transaction of $63,813.00. Following the purchase, the director now directly owns 43,900 shares of the company’s stock, valued at $117,213. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Best Insurance Stocks To Invest In 2019: CRB Futures Index(CR)
Advisors’ Opinion:
- [By Shane Hupp]
DA Davidson set a $111.00 price target on Crane (NYSE:CR) in a research report released on Friday. The brokerage currently has a buy rating on the conglomerate’s stock.
- [By Joseph Griffin]
Shares of Crew Energy (TSE:CR) have been given a consensus recommendation of “Buy” by the eleven research firms that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is C$3.37.
- [By Stephan Byrd]
Crew Energy (TSE:CR) insider James A. Taylor acquired 5,000 shares of the stock in a transaction that occurred on Monday, June 18th. The stock was acquired at an average cost of C$2.04 per share, for a total transaction of C$10,200.00.
- [By Shane Hupp]
BlackRock Inc. grew its stake in Crane Co. (NYSE:CR) by 2.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,303,084 shares of the conglomerate’s stock after acquiring an additional 93,264 shares during the period. BlackRock Inc. owned 7.21% of Crane worth $399,069,000 at the end of the most recent reporting period.