FY2026 Earnings Forecast for RGA Issued By DOWLING & PARTN

Key Points

• DOWLING & PARTN raised its FY2026 EPS estimate for Reinsurance Group of America to $27.35, above the current consensus estimate of $26.79 per share. The firm also projected FY2027 EPS of $29.50 and FY2028 EPS of $32.00.
• RGA’s latest quarterly results came in ahead of expectations, with EPS of $6.97 versus the $6.03 estimate and revenue of $6.49 billion slightly topping forecasts. Revenue also rose 23.5% from the same quarter a year earlier.
• Analyst sentiment remains constructive overall, with a Moderate Buy consensus and an average price target of $251.25. The stock also pays a quarterly dividend of $0.93 per share, yielding about 1.8%.

Reinsurance Group of America, Incorporated (NYSE:RGA - Free Report) - Equities research analysts at DOWLING & PARTN issued their FY2026 earnings estimates for Reinsurance Group of America in a note issued to investors on Wednesday, May 20th. DOWLING & PARTN analyst J. Hurwitz anticipates that the insurance provider will post earnings per share of $27.35 for the year. The consensus estimate for Reinsurance Group of America's current full-year earnings is $26.79 per share. DOWLING & PARTN also issued estimates for Reinsurance Group of America's FY2027 earnings at $29.50 EPS and FY2028 earnings at $32.00 EPS.

Reinsurance Group of America (NYSE:RGA - Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The insurance provider reported $6.97 EPS for the quarter, beating the consensus estimate of $6.03 by $0.94. Reinsurance Group of America had a net margin of 4.92% and a return on equity of 13.16%. The business had revenue of $6.49 billion during the quarter, compared to analyst estimates of $6.47 billion. During the same quarter last year, the business earned $5.66 earnings per share. Reinsurance Group of America's quarterly revenue was up 23.5% compared to the same quarter last year.

Several other research firms have also issued reports on RGA. TD Cowen restated a "hold" rating on shares of Reinsurance Group of America in a report on Wednesday, January 28th. UBS Group raised their target price on shares of Reinsurance Group of America from $216.00 to $220.00 and gave the stock a "neutral" rating in a report on Thursday, April 9th. Barclays raised their target price on shares of Reinsurance Group of America from $256.00 to $268.00 and gave the stock an "overweight" rating in a report on Friday, May 8th. Wells Fargo & Company raised their target price on shares of Reinsurance Group of America from $238.00 to $261.00 and gave the stock an "overweight" rating in a report on Wednesday, February 25th. Finally, Morgan Stanley raised their target price on shares of Reinsurance Group of America from $208.00 to $223.00 and gave the stock an "equal weight" rating in a report on Tuesday, March 3rd. Seven analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, Reinsurance Group of America currently has a consensus rating of "Moderate Buy" and an average price target of $251.25.

Reinsurance Group of America Price Performance

RGA stock opened at $206.97 on Thursday. The company has a fifty day simple moving average of $208.16 and a two-hundred day simple moving average of $204.49. The firm has a market capitalization of $13.56 billion, a P/E ratio of 11.21 and a beta of 0.50. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 0.46. Reinsurance Group of America has a 52 week low of $165.52 and a 52 week high of $229.21.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Principal Securities Inc. increased its stake in Reinsurance Group of America by 3.6% in the 4th quarter. Principal Securities Inc. now owns 1,490 shares of the insurance provider's stock worth $303,000 after buying an additional 52 shares during the period. Rehmann Capital Advisory Group increased its stake in Reinsurance Group of America by 1.3% in the 3rd quarter. Rehmann Capital Advisory Group now owns 4,281 shares of the insurance provider's stock worth $819,000 after buying an additional 54 shares during the period. CIBC Private Wealth Group LLC increased its stake in Reinsurance Group of America by 6.1% in the 4th quarter. CIBC Private Wealth Group LLC now owns 974 shares of the insurance provider's stock worth $198,000 after buying an additional 56 shares during the period. Bessemer Group Inc. increased its stake in Reinsurance Group of America by 1.0% in the 3rd quarter. Bessemer Group Inc. now owns 5,776 shares of the insurance provider's stock worth $1,110,000 after buying an additional 58 shares during the period. Finally, Xponance Inc. increased its stake in Reinsurance Group of America by 0.8% in the 3rd quarter. Xponance Inc. now owns 7,637 shares of the insurance provider's stock worth $1,467,000 after buying an additional 58 shares during the period. Hedge funds and other institutional investors own 95.11% of the company's stock.

Insider Activity

In related news, EVP Ronald Herrmann sold 7,000 shares of the firm's stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $210.58, for a total value of $1,474,060.00. Following the transaction, the executive vice president owned 3,938 shares of the company's stock, valued at $829,264.04. This trade represents a 64.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP John W. Hayden sold 414 shares of the firm's stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $214.95, for a total transaction of $88,989.30. Following the completion of the transaction, the executive vice president directly owned 20,949 shares in the company, valued at $4,502,987.55. This represents a 1.94% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.60% of the company's stock.

Reinsurance Group of America Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Tuesday, May 19th will be issued a $0.93 dividend. This represents a $3.72 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Tuesday, May 19th. Reinsurance Group of America's dividend payout ratio (DPR) is 20.15%.

About Reinsurance Group of America

Reinsurance Group of America, Incorporated NYSE: RGA is a leading global provider of life and health reinsurance solutions. Headquartered in St. Louis, Missouri, RGA partners with primary insurance companies to help them manage risk, improve capital efficiency and develop innovative products. The company's offerings span traditional risk transfer, financial solutions and facultative underwriting services, enabling clients to address a wide range of mortality, longevity, morbidity and critical-illness exposures.

RGA's product suite includes life reinsurance, living benefits reinsurance, structured reinsurance and financial solutions that support product innovation and capital management.

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