Hannover Rück stock
HNR1.DEXETRAHannover Rück SE, Financial ServicesISIN DE0008402215WKN 840221
85Score 85 out of 100, Strong
Price and trend
79 / 100
Price history
+15% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 16% above it.
Since September 2026 the 50-day line has been above the 200-day line; the trend has turned up.
Normal: the price is neither overheated nor sold off (RSI 65).
The price is 3.1% below its 52-week high. Largest decline in 20 years: 58% (May 2007 to October 2008).
Chart figures for advanced users
- SMA 50$298.01
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$282.96
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)65
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDbelow the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$248.66
- The lowest closing price of the last twelve months.
- Resistance$339.52
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Hannover Rück SE belongs to the Insurance (Reinsurance) industry (Germany) and, with a market value of $39.66B, is number 3 of 12 companies in its industry on MEQIRI.
- In fiscal 2025 it earned $2.93B (up 13.4% year on year).
- For fiscal 2026, analysts expect on average adjusted earnings per share of $25.53 (up 5.3%).
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- MEQIRI Score 85 out of 100 (Strong): rank 15 of 975 in Financial Services, median 68.
- The P/E is 13.6 (Insurance (Reinsurance) median 8.4, own median of recent years 13.8).
- Our model puts fair value at $345.41, with the price 5% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- High return on equityReturn on equity 20.4% over the last 12 months.Profitability 79
- Earnings per share growingUp 24.5% a year since 2020.Growth 93
- Consistently profitableProfit in all 10 fiscal years from 2016 to 2025.Fundamentals 95
Weaknesses
None of our weakness checks flags anything. Crash risk is measured separately.
Its standout strengths are fundamentals and growth.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
The fundamentals are strong overall.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk low
How well MEQIRI warnsOne of the 30% with the lowest crash risk among stocks ranked 101 to 1,000.
From 2016 to 2025, 9 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.
What drives the risk
- high growth grade (crashed more often in the backtest)
What lowers it
- solid fundamentals
- price near its 52-week high
Valuation
Valuation signal
Fairly valuedIn our model the price counts as cheap below $246.72 and expensive above $575.68 (uncertainty high, one part of the fair value is more than twice the other).
The two parts of the fair value come to $486.33 (excess return model) and $204.48 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 7.1%. At 8.1% the fair value would be $304.88, at 6.1% it would be $406.20.
Valuation metrics
Half from the excess return model, half from earnings times the industry P/E (8.4).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
Revenue has grown solidly since 2006, at about 6% per year.
Margins
- Operating margin
- Net margin
In fiscal 2025: operating 0%, net 10%. Banks and insurers have no gross margin, and their net margin is not comparable with other industries. The score leaves both out.
Debt & balance sheet
latest quarterFor banks and insurers, deposits and liabilities are the business. Debt to equity and the current ratio say little here, and the score does not rate them.
Earnings
- Next earnings
- 11 Mar 2027in 118 days
- Last reported
- 9 Nov 2026EPS reported $6.38 (expected $6.03)above expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $25.530.0%
- Revenue
- $29.73B+0.2%
- Earnings per share
- $26.20+0.6%
- Revenue
- $30.87B+0.1%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook confirmed
Share price after the results: −0.5%The 2026 guidance was confirmed without any changes.
“So based on the business performance in the first half year and the outcome of recent renewals, we do confirm our guidance for 2026 without any changes.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 12 Aug 2026 (fiscal Q2 2026), read by AI.
What happened at Hannover Rück
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
975 rated companies in Financial Services
- This company
- 85
- Sector median
- 68
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Insurance (Reinsurance)
The next larger and next smaller companies by market value
- Münchener Rückversicherungs-GesellschaftMUV2.DE $81.67B86
- Swiss ReSREN.SW $53.82B70
- Reinsurance Group of AmericaRGA $17.81B79
- Everest GroupEG $15.64B80
- RenaissanceRe HoldingsRNR $14.33B77
- SCORSCR.PA $7.06B77
- China Reinsurance (Group)1508.HK $6.52B62
- General Insurance Corporation of IndiaGICRE.NS $6.32B65
ETFs that hold Hannover Rück
Held by 140 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| State Street SPDR S&P Euro Dividend Aristocrats UCITS ETF (Dist)SPYW | 3.90% | 0.30% | €1.88B |
| Franklin European Quality Dividend UCITS ETFFLXD | 3.42% | 0.25% | €684.01M |
| Xtrackers Euro Stoxx Quality Dividend UCITS ETF 1DDXSA | 3.21% | 0.30% | €793.89M |
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| iShares DivDAX UCITS ETF (DE)EXSB | 3.08% | 0.31% | €566.09M |
| Invesco EURO STOXX High Dividend Low Volatility UCITS ETFEHDV | 2.31% | 0.30% | €592.28M |
| iShares STOXX Europe 600 Insurance UCITS ETF (DE)EXH5 | 2.16% | 0.46% | €662.03M |
| Amundi MSCI EMU High Dividend UCITS ETF Acc18M2 | 1.99% | 0.30% | €401.29M |
| Amundi F.A.Z. 100 UCITS ETFC006 | 1.61% | 0.15% | €104.39M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = €0.9024)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 12 Sep 2025)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.