Hannover Rue strong outperformer in European insurance sector

In the recent years Hannover Rue had a very positive price momentum. Because of the huge return over the past 10 years of 383 percent the share belongs to the top of the insurers. Shares of the sector delivered the past 10 years a gain of at around 213 percent.

Momentum insurance sector

The sector trades now at 19 times the earnings per share. Currently the sector trades at 2,09 times the book value per share. Since 2012 the sector has a profit of 212 percent and since 2007 a profit of 213 percent.

For this year Hannover Rue's revenue will be around 20,4 billion euros. This is according to the average of the analysts' estimates. This is slightly more than 2017's revenue of 18,87 billion euros.

Historical revenues and results Hannover Rue plus estimates 2019

The analysts expect for 2019 a net profit of 1,2 billion euros. The majority of the analysts expects for this year a profit per share of 9,95 euros. The price/earnings-ratio is then 13,42.

Huge dividend Hannover Rue

For this year most of the analysts expect a dividend of 5,44 euros per share. The dividend yield is then 4,07 percent. The average dividend yield of the insurers equals a poor 1 percent.

Recent target prices around 67 euros

The most recent recommendations for the insurer are from Morgan Stanley, HSBC and Goldman Sachs.

Hannover Rue's market capitalization is around 16,1 billion euros. The Hannover Rue stock was the past 12 months quite volatile. Since last May the stock is even 23 percent higher. This year the stock price moved between 105 and 138 euro.

Price data Hannover Rue 2007-2019

At 9.47 the stock trades 0,22 percent higher at 133,5 euros.

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