DOWLING & PARTN Has Positive Opinion of RGA FY2026 Earnings

Key Points

• DOWLING & PARTN raised its FY2026 EPS estimate for RGA to $29.70 from $29.60, broadly in line with the $29.71 consensus forecast.
• RGA recently reported quarterly EPS of $8.89, well above the $6.50 analyst consensus, while revenue rose 18.5% year over year to $6.64 billion.
• Shares were trading near their 52-week high at $260.87, and the company increased its quarterly dividend to $0.98 per share, implying a 1.5% yield; analysts’ average rating remains “Moderate Buy”.

Reinsurance Group of America, Incorporated (NYSE:RGA - Free Report) - Research analysts at DOWLING & PARTN raised their FY2026 EPS estimates for shares of Reinsurance Group of America in a research note issued to investors on Tuesday, October 13th. DOWLING & PARTN analyst J. Hurwitz now anticipates that the insurance provider will post earnings per share of $29.70 for the year, up from their prior estimate of $29.60. The consensus estimate for Reinsurance Group of America's current full-year earnings is $29.71 per share.

RGA has been the subject of a number of other reports. TD Cowen boosted their price objective on shares of Reinsurance Group of America from $212.00 to $235.00 and gave the stock a "hold" rating in a report on Wednesday, July 22nd. Barclays set a $292.00 target price on Reinsurance Group of America in a research note on Thursday, October 8th. UBS Group upgraded Reinsurance Group of America from a "hold" rating to a "strong-buy" rating in a research note on Friday, July 24th. Morgan Stanley raised Reinsurance Group of America from an "equal weight" rating to an "overweight" rating and set a $295.00 target price for the company in a report on Monday, September 28th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of Reinsurance Group of America in a report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Reinsurance Group of America has an average rating of "Moderate Buy" and an average target price of $267.89.

Reinsurance Group of America Trading Up 1.0%

NYSE:RGA opened at $260.87 on Thursday. The company's 50 day moving average price is $248.35 and its 200-day moving average price is $227.09. Reinsurance Group of America has a 52 week low of $178.21 and a 52 week high of $263.65. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 0.41. The stock has a market cap of $17.03 billion, a price-to-earnings ratio of 11.46 and a beta of 0.45.

Reinsurance Group of America (NYSE:RGA - Get Free Report) last issued its earnings results on Thursday, August 6th. The insurance provider reported $8.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.50 by $2.39. The business had revenue of $6.64 billion during the quarter, compared to analysts' expectations of $6.67 billion. Reinsurance Group of America had a net margin of 5.81% and a return on equity of 14.78%. The business's revenue for the quarter was up 18.5% compared to the same quarter last year. During the same period in the previous year, the company earned $4.72 earnings per share.

Reinsurance Group of America Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 18th were issued a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Tuesday, August 18th. This is a boost from Reinsurance Group of America's previous quarterly dividend of $0.93. Reinsurance Group of America's payout ratio is 17.22%.

Insider Activity

In other news, EVP Jonathan Porter sold 8,589 shares of Reinsurance Group of America stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $246.30, for a total value of $2,115,470.70. Following the completion of the sale, the executive vice president directly owned 14,885 shares in the company, valued at $3,666,175.50. The trade was a 36.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RGA. SEB Asset Management AB bought a new position in Reinsurance Group of America in the first quarter worth approximately $81,533,000. Bank of New York Mellon Corp bought a new stake in shares of Reinsurance Group of America during the 2nd quarter valued at $82,836,000. Lazard Asset Management LLC grew its position in shares of Reinsurance Group of America by 2,626.6% during the 1st quarter. Lazard Asset Management LLC now owns 195,794 shares of the insurance provider's stock valued at $39,973,000 after acquiring an additional 188,613 shares during the period. Wedge Capital Management L L P NC increased its stake in shares of Reinsurance Group of America by 965.2% in the 2nd quarter. Wedge Capital Management L L P NC now owns 179,440 shares of the insurance provider's stock worth $38,158,000 after purchasing an additional 162,594 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of Reinsurance Group of America by 44.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 335,734 shares of the insurance provider's stock worth $68,543,000 after purchasing an additional 102,698 shares in the last quarter. Institutional investors own 95.11% of the company's stock.

Reinsurance Group of America Company Profile

Reinsurance Group of America, Incorporated NYSE: RGA is a global provider of life and health reinsurance. The company helps insurance organizations manage mortality, longevity, morbidity and other insurance risks by assuming portions of their business and providing capital, risk-management expertise and specialized underwriting support.

RGA offers traditional reinsurance and financial solutions for individual life insurance, group life and health coverage, retirement and annuity products, long-term care and disability insurance.

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