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Shares of Alleghany Rank the Lowest in Terms of Forward Earnings Yield in the Reinsurance Industry (Y, ESGR, PRE, RGA, RNR)

By Nick Russo

Below are the three companies in the Reinsurance industry with the lowest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher the earnings yield, the more undervalued the stock.

Alleghany ranks lowest with a forward earnings yield of 5.7%. Enstar Group is next with a forward earnings yield of 7.1%. PartnerRe ranks third lowest with a forward earnings yield of 8.2%.

Reinsurance Group of America follows with a forward earnings yield of 8.2%, and RenaissanceRe Holdings rounds out the bottom five with a forward earnings yield of 9.0%.

SmarTrend recommended that subscribers consider buying shares of PartnerRe on April 10th, 2015 as our technology indicated a new Uptrend was in progress when shares hit $118.14. Since that recommendation, shares of PartnerRe have risen 18.9%. We continue to monitor PartnerRe for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest forward earnings yield alleghany enstar group partnerre reinsurance group of america renaissancere holdings