Reinsurance Group of America (RGA) Stock Price, News & Analysis

Company Overview

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. It also provides reinsurance for mortality, morbidity, lapse, and investment-related risk associated with products; and reinsurance for investment-related risks. In addition, the company develops and markets technology solutions; and provides consulting and outsourcing solutions for the insurance and reinsurance industries. It operates in the United States, Latin America, Canada, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1973 and is headquartered in Chesterfield, Missouri.

Key Stats

• Today's Range: $203.59 to $210.66
• 50-Day Range: $201.26 to $231.96
• 52-Week Range: $159.82 to $233.81
• Volume: 1.11 million shs
• Average Volume: 360,650 shs
• Market Capitalization: $13.67 billion
• P/E Ratio: 19.06
• Dividend Yield: 1.72%
• Price Target: $227.77
• Consensus Rating: Moderate Buy

Reinsurance Group of America Stock Analysis - MarketRank™

Reinsurance Group of America scored higher than 92% of companies evaluated by MarketBeat, and ranked 41st out of 937 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Reinsurance Group of America has received a consensus rating of Moderate Buy. The company's average rating score is 2.92, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Reinsurance Group of America has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 5.35%

Earnings Growth

Earnings for Reinsurance Group of America are expected to grow by 5.35% in the coming year, from $21.67 to $22.83 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Reinsurance Group of America is 19.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.46.

Price to Earnings Ratio vs. Sector

The P/E ratio of Reinsurance Group of America is 19.06, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 29.57.

Price to Book Value per Share Ratio

Reinsurance Group of America has a P/B Ratio of 1.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.48% of the float of Reinsurance Group of America has been sold short.

Short Interest Ratio / Days to Cover

Reinsurance Group of America has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Reinsurance Group of America has recently increased by 16.35%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Reinsurance Group of America pays a meaningful dividend of 1.68%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Reinsurance Group of America has been increasing its dividend for 16 years.

Dividend Coverage

The dividend payout ratio of Reinsurance Group of America is 32.69%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Reinsurance Group of America will have a dividend payout ratio of 15.59% next year. This indicates that Reinsurance Group of America will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.6 / 5
• Environmental Score: -0.58

Percentage of Shares Shorted

0.48% of the float of Reinsurance Group of America has been sold short.

Short Interest Ratio / Days to Cover

Reinsurance Group of America has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Reinsurance Group of America has recently increased by 16.35%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.33

News Sentiment

Reinsurance Group of America has a news sentiment score of 1.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.78 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Reinsurance Group of America this week, compared to 7 articles on an average week.

Search Interest

5 people have searched for RGA on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Reinsurance Group of America to their MarketBeat watchlist in the last 30 days. This is a decrease of -87% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Reinsurance Group of America insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $264,735.00 in company stock.

Percentage Held by Insiders

Only 1.37% of the stock of Reinsurance Group of America is held by insiders.

Percentage Held by Institutions

95.11% of the stock of Reinsurance Group of America is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RGA Stock Analysis - Frequently Asked Questions

How have RGA shares performed this year?

Reinsurance Group of America's stock was trading at $161.78 on January 1st, 2024. Since then, RGA shares have increased by 28.3% and is now trading at $207.54.
View the best growth stocks for 2024 here.

How were Reinsurance Group of America's earnings last quarter?

Reinsurance Group of America, Incorporated (NYSE:RGA) released its quarterly earnings data on Thursday, October, 31st. The insurance provider reported $6.13 earnings per share for the quarter, beating the consensus estimate of $5.31 by $0.82. The firm's quarterly revenue was up 9.7% on a year-over-year basis.

Does Reinsurance Group of America have any subsidiaries?

Reinsurance Group of America subsidiaries include these companies: Hodge Life Assurance Co Ltd, Aurora National Life Assurance, APEXA CORP., Aurora National Life Assurance Company, Bonhomme Financing LLC, Bueller Financing LLC, Castlewood Financial LLC, and more.

Who are Reinsurance Group of America's major shareholders?

Reinsurance Group of America's top institutional shareholders include FMR LLC (7.71%), WCM Investment Management LLC (3.72%), State Street Corp (3.39%) and Rockefeller Capital Management L.P. (2.00%). Insiders that own company stock include Todd C Larson, John W Hayden, William L Hutton, Christine Rose Detrick, Ronald Herrmann and Alka Gautam.
View institutional ownership trends.

How do I buy shares of Reinsurance Group of America?

Shares of RGA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Reinsurance Group of America own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Reinsurance Group of America investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), TotalEnergies (TTE), The RMR Group (RMR) and DiamondRock Hospitality (DRH).

Company Calendar

• Last Earnings: 10/31/2024
• Ex-Dividend for 11/26 Dividend: 11/08/2024
• Dividend Payable: 11/26/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Life insurance
• Sub-Industry: Reinsurance
• Current Symbol: NYSE:RGA
• CUSIP: 75935160
• CIK: 898174
• Web: www.rgare.com
• Phone: (636) 736-7000
• Fax: 636-736-7100
• Employees: 3,900
• Year Founded: 1992

Price Target and Rating

• Average Stock Price Target: $227.77
• High Stock Price Target: $255.00
• Low Stock Price Target: $64.00
• Potential Upside/Downside: +9.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.92
• Research Coverage: 13 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $10.89
• Trailing P/E Ratio: 19.06
• Forward P/E Ratio: 9.58
• P/E Growth: N/A
• Net Income: $902 million
• Net Margins: 3.32%
• Pretax Margin: 4.20%
• Return on Equity: 15.01%
• Return on Assets: 1.38%

Debt

• Debt-to-Equity Ratio: 0.45
• Current Ratio: 0.17
• Quick Ratio: 0.17

Sales & Book Value

• Annual Sales: $21.68 billion
• Price / Sales: 0.63
• Cash Flow: $18.51 per share
• Price / Cash Flow: 11.21
• Book Value: $139.15 per share
• Price / Book: 1.49

Miscellaneous

• Outstanding Shares: 65,864,000
• Free Float: 64,962,000
• Market Cap: $13.67 billion
• Optionable: Optionable
• Beta: 0.93