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

$219.94
+5.29 (+2.46%)
(As of 10/4/2024 08:50 PM ET)

About Reinsurance Group of America Stock (NYSE:RGA)

Key Stats

Today's Range
$217.53
$220.32
50-Day Range
$192.62
$225.87
52-Week Range
$140.75
$227.87
Volume
314,800 shs
Average Volume
357,745 shs
Market Capitalization
$14.49 billion
P/E Ratio
17.09
Dividend Yield
1.62%
Price Target
$225.92
Consensus Rating
Moderate Buy

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.

Reinsurance Group of America Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
96th Percentile Overall Score

RGA MarketRank™: 

Reinsurance Group of America scored higher than 96% of companies evaluated by MarketBeat, and ranked 59th out of 938 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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 9 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Reinsurance Group of America has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Reinsurance Group of America's stock forecast and price target.
  • Earnings Growth

    Earnings for Reinsurance Group of America are expected to grow by 3.41% in the coming year, from $21.70 to $22.44 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Reinsurance Group of America is 17.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.01.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Reinsurance Group of America is 17.09, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.30.

  • Price to Book Value per Share Ratio

    Reinsurance Group of America has a P/B Ratio of 1.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Reinsurance Group of America's valuation and earnings.
  • Percentage of Shares Shorted

    0.43% 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 0.8, 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 decreased by 17.05%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Reinsurance Group of America pays a meaningful dividend of 1.64%, 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 27.66%. 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 15.86% next year. This indicates that Reinsurance Group of America will be able to sustain or increase its dividend.

  • Read more about Reinsurance Group of America's dividend.
  • Percentage of Shares Shorted

    0.43% 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 0.8, 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 decreased by 17.05%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Reinsurance Group of America has a news sentiment score of 0.76. 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 news sentiment score is similar to the average news sentiment of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 13 news articles for Reinsurance Group of America this week, compared to 6 articles on an average week.
  • Search Interest

    Only 1 people have searched for RGA on MarketBeat in the last 30 days. This is a decrease of 0% 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 -67% compared to the previous 30 days.
  • 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.

  • Read more about Reinsurance Group of America's insider trading history.

RGA Stock News Headlines

25-Yr Wall St Legend: Get Out of Cash before Nov 6
Our No. 1 stock for the rare "millionaire window" opening NOW According to Wall Street legend Whitney Tilson, an extremely rare window in the markets is about to open. It's an often-misunderstood market setup we've only seen 13 times since 1920. The last time this happened, it minted a million brand-new millionaires – in a single year. But Tilson says this unique window in the markets could close much sooner than anyone realizes, leaving most investors in the dust, while making a select few incredibly rich.
Reinsurance Group (RGA) Gets a Buy from Piper Sandler
Barclays Sticks to Its Buy Rating for Reinsurance Group (RGA)
See More Headlines

RGA Stock Analysis - Frequently Asked Questions

Reinsurance Group of America's stock was trading at $161.78 on January 1st, 2024. Since then, RGA shares have increased by 36.0% and is now trading at $219.94.
View the best growth stocks for 2024 here
.

Reinsurance Group of America, Incorporated (NYSE:RGA) issued its quarterly earnings data on Thursday, August, 1st. The insurance provider reported $5.48 earnings per share for the quarter, beating analysts' consensus estimates of $4.94 by $0.54. The business's quarterly revenue was up 17.4% on a year-over-year basis.

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 others.

Reinsurance Group of America's top institutional investors include Handelsbanken Fonder AB (0.07%), Park Avenue Securities LLC (0.02%), Massmutual Trust Co. FSB ADV (0.01%) and SG Americas Securities LLC. 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
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Reinsurance Group of America investors own include Johnson & Johnson (JNJ), Wells Fargo & Company (WFC), AT&T (T), Medtronic (MDT), Procter & Gamble (PG), Walgreens Boots Alliance (WBA) and Chevron (CVX).

Company Calendar

Last Earnings
8/01/2024
Ex-Dividend for 8/27 Dividend
8/09/2024
Dividend Payable
8/27/2024
Today
10/07/2024
Next Earnings (Confirmed)
10/31/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Life insurance
Sub-Industry
Reinsurance
CUSIP
75935160
Employees
3,900
Year Founded
1992

Price Target and Rating

Average Stock Price Target
$225.92
High Stock Price Target
$255.00
Low Stock Price Target
$64.00
Potential Upside/Downside
+2.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.92
Research Coverage
12 Analysts

Profitability

Net Income
$902 million
Pretax Margin
5.08%

Debt

Sales & Book Value

Annual Sales
$18.57 billion
Cash Flow
$19.14 per share
Book Value
$139.15 per share

Miscellaneous

Free Float
64,891,000
Market Cap
$14.49 billion
Optionable
Optionable
Beta
0.91

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This page (NYSE:RGA) was last updated on 10/7/2024 by MarketBeat.com Staff
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