Hannover Rueck SE Registered Shares HVRRF

Morningstar Rating
$291.63 +4.82 (1.68%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

HVRRF is trading at a LOCK|l&KW>h premium.
Price
$291.63
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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News

Trading Information

Previous Close Price
$286.81
Day Range
$291.63–291.63
52-Week Range
$262.33–326.75
Bid/Ask
$210.00 / $389.18
Shares Outstanding
120.60M
Market Cap
$35.17B
Volume/Avg
145 / 170

Key Statistics

Price/Earnings (Normalized)
11.99
Price/Sales
1.16
Dividend Yield (Trailing)
5.04%
Dividend Yield (Forward)
5.04%
Dividend Payment Schedule
May
Total Yield
5.04%

Company Profile

Hannover Re is a reinsurance company headquartered in Hannover, Germany. Its roots go back to the 1920s when, in conjunction with the Gerling Group, Haftpflichtverband founded Eisen- und Stahl-Industrie to provide reinsurance services. In the 1960s ownership of the business was turned over to Haftpflichtverband, and Aktiengesellschaft für Transport und- Rückversicherung was founded. This was the basis of Hannover Re. The business expanded into life and health reinsurance in the 1990s, and over the next 30 years expanded beyond its core domestic market of Germany to write business internationally. Hannover sold its commercial specialty insurance business to Talanx in January 2019. Hannover was listed in the 1990s on the Frankfurt Stock Exchange.
Sector
Financial Services
Industry
Insurance - Reinsurance
Stock Style Box
Large Value
Total Number of Employees
4,090

Competitors

Valuation

Metric
HVRRF
SREN
Price/Earnings (Normalized)
11.9911.03
Price/Book Value
2.322.04
Price/Sales
1.161.14
Price/Cash Flow
8.3211.47
Price/Earnings
HVRRF
SREN

Financial Strength

Metric
HVRRF
SREN
Quick Ratio
——
Current Ratio
——
Interest Coverage
29.4316.10
Quick Ratio
No chart available

Profitability

Metric
HVRRF
SREN
Return on Assets (Normalized)
4.07%3.72%
Return on Equity (Normalized)
23.12%20.13%
Return on Invested Capital (Normalized)
20.72%15.29%
Return on Assets
HVRRF
SREN

Insurance - Reinsurance Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Munchener Ruckversicherungs-Gesellschaft AG
MURGF
—LOCK|#G$72B
Munchener Ruckversicherungs-Gesellschaft AG ADR
MURGY
LOCK|^@$#p@kLOCK|Lb$72B
Swiss Re AG
SSREF
—LOCK|jxL$50B
Swiss Re AG ADR
SSREY
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Hannover Rueck SE ADR
HVRRY
LOCK|N>W>L<$LOCK|?#$35B
Reinsurance Group of America Inc
RGA
—LOCK|j%$16B
Everest Group Ltd
EG
—LOCK|$rJ$14B
RenaissanceRe Holdings Ltd
RNR
LOCK|m>T$%$LOCK|Qzs$14B
American Overseas Group Ltd
AOREF
—LOCK|Hp>$47M

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