In This Article:
As you might know, Hannover Rück SE (ETR:HNR1) recently reported its first-quarter numbers. It was a credible result overall, with revenues of €7.0b and statutory earnings per share of €19.31 both in line with analyst estimates, showing that Hannover Rück is executing in line with expectations. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
We check all companies for important risks. See what we found for Hannover Rück in our free report.
Taking into account the latest results, Hannover Rück's twelve analysts currently expect revenues in 2025 to be €27.9b, approximately in line with the last 12 months. Statutory earnings per share are predicted to climb 12% to €20.95. Before this earnings report, the analysts had been forecasting revenues of €28.0b and earnings per share (EPS) of €20.98 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.
Check out our latest analysis for Hannover Rück
The analysts reconfirmed their price target of €285, showing that the business is executing well and in line with expectations. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. Currently, the most bullish analyst values Hannover Rück at €340 per share, while the most bearish prices it at €220. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.
Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We would highlight that Hannover Rück's revenue growth is expected to slow, with the forecast 0.9% annualised growth rate until the end of 2025 being well below the historical 3.3% p.a. growth over the last five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 5.6% annually. Factoring in the forecast slowdown in growth, it seems obvious that Hannover Rück is also expected to grow slower than other industry participants.