Reinsurance Group of America (RGA) Expected to Announce Earnings on Thursday

Reinsurance Group of America (NYSE:RGA - Get Free Report) is anticipated to release its earnings data after the market closes on Thursday, February 6th. Analysts expect Reinsurance Group of America to post earnings of $5.28 per share and revenue of $5.55 billion for the quarter. Persons that wish to listen to the company's earnings conference call can do so using this link.

Reinsurance Group of America (NYSE:RGA - Get Free Report) last released its quarterly earnings results on Thursday, October 31st. The insurance provider reported $6.13 earnings per share for the quarter, topping analysts' consensus estimates of $5.31 by $0.82. Reinsurance Group of America had a return on equity of 15.01% and a net margin of 3.32%. The business had revenue of $5.65 billion for the quarter, compared to analysts' expectations of $5.29 billion. During the same quarter in the prior year, the firm posted $5.57 EPS. The company's revenue was up 9.7% compared to the same quarter last year. On average, analysts expect Reinsurance Group of America to post $21 EPS for the current fiscal year and $23 EPS for the next fiscal year.

Reinsurance Group of America Price Performance

Shares of RGA stock traded up $1.92 during mid-day trading on Thursday, reaching $231.22. The stock had a trading volume of 60,078 shares, compared to its average volume of 375,925. Reinsurance Group of America has a 12-month low of $163.81 and a 12-month high of $233.81. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt-to-equity ratio of 0.45. The business has a 50-day simple moving average of $219.31 and a 200 day simple moving average of $216.89. The company has a market cap of $15.23 billion, a P/E ratio of 21.23 and a beta of 0.94.

Analyst Upgrades and Downgrades

Several research firms have commented on RGA. JPMorgan Chase & Co. lifted their target price on shares of Reinsurance Group of America from $227.00 to $232.00 and gave the stock a "neutral" rating in a research note on Tuesday, January 7th. Barclays dropped their target price on Reinsurance Group of America from $255.00 to $252.00 and set an "overweight" rating for the company in a research note on Monday, January 6th. Royal Bank of Canada lifted their price target on Reinsurance Group of America from $235.00 to $245.00 and gave the company an "outperform" rating in a report on Monday, November 4th. StockNews.com upgraded shares of Reinsurance Group of America from a "hold" rating to a "buy" rating in a report on Thursday, October 17th. Finally, Keefe, Bruyette & Woods upgraded shares of Reinsurance Group of America from a "moderate buy" rating to a "strong-buy" rating in a report on Thursday, October 3rd. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, Reinsurance Group of America has a consensus rating of "Moderate Buy" and an average target price of $228.31.

About Reinsurance Group of America

Reinsurance Group of America, Incorporated engages in reinsurance business. The company offers individual and group life and health insurance products, such as term life, credit life, universal life, whole life, group life and health, joint and last survivor insurance, critical illness, disability, and longevity products; asset-intensive and financial reinsurance products; and other capital motivated solutions.