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

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Reinsurance Group of America in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" RGA shares.
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8 analysts have issued 1 year price targets for Reinsurance Group of America's stock. Their RGA share price forecasts range from $141.00 to $167.00. On average, they expect the company's share price to reach $157.33 in the next year. This suggests a possible upside of 8.0% from the stock's current price.
View analysts price targets for RGA or view top-rated stocks among Wall Street analysts.

Reinsurance Group of America's stock was trading at $142.09 at the beginning of 2023. Since then, RGA shares have increased by 2.5% and is now trading at $145.68.
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Reinsurance Group of America saw a increase in short interest in May. As of May 15th, there was short interest totaling 775,600 shares, an increase of 29.9% from the April 30th total of 596,900 shares. Based on an average trading volume of 431,600 shares, the short-interest ratio is currently 1.8 days. Approximately 1.2% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
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Reinsurance Group of America, Incorporated (NYSE:RGA) posted its quarterly earnings results on Friday, May, 5th. The insurance provider reported $5.16 earnings per share for the quarter, topping the consensus estimate of $3.37 by $1.79. The insurance provider had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $4.23 billion. Reinsurance Group of America had a trailing twelve-month return on equity of 23.94% and a net margin of 5.66%. During the same period last year, the company posted $0.47 earnings per share.

Reinsurance Group of America declared a quarterly dividend on Tuesday, May 2nd. Shareholders of record on Tuesday, May 16th will be paid a dividend of $0.80 per share on Tuesday, May 30th. This represents a $3.20 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date is Monday, May 15th.
Read our dividend analysis for RGA.

ETFs with the largest weight of Reinsurance Group of America (NYSE:RGA) stock in their portfolio include American CenturyFocused Large Cap Value ETF (FLV), First Trust Dorsey Wright Momentum & Value ETF (DVLU), Inspire Faithward Mid Cap Momentum ETF (GLRY), SPDR S&P Insurance ETF (KIE), Invesco S&P MidCap Momentum ETF (XMMO), Natixis Vaughan Nelson Mid Cap ETF (VNMC), Invesco S&P MidCap Low Volatility ETF (XMLV) and Inspire Fidelis Multi Factor ETF (FDLS).

Reinsurance Group of America (NYSE:RGA) pays an annual dividend of $3.20 per share and currently has a dividend yield of 2.26%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 23.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RGA will have a dividend payout ratio of 17.79% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RGA.

59 employees have rated Reinsurance Group of America Chief Executive Officer Anna Manning on Glassdoor.com. Anna Manning has an approval rating of 95% among the company's employees. This puts Anna Manning in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other 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), Chevron (CVX), Pfizer (PFE), Target (TGT) and AbbVie (ABBV).

Reinsurance Group of America trades on the New York Stock Exchange (NYSE) under the ticker symbol "RGA."

Reinsurance Group of America's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (10.35%), FMR LLC (9.03%), State Street Corp (3.45%), American Century Companies Inc. (2.33%), Bank of America Corp DE (2.32%) and Ensign Peak Advisors Inc (2.09%). Insiders that own company stock include Alka Gautam, Christine Rose Detrick, Todd C Larson and William L Hutton.
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Shares of RGA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of RGA stock can currently be purchased for approximately $145.68.

Reinsurance Group of America (NYSE:RGA) has a market capitalization of $9.69 billion and generates $16.26 billion in revenue each year. The insurance provider earns $623 million in net income (profit) each year or $13.85 on an earnings per share basis.

The company employs 3,800 workers across the globe.

Reinsurance Group of America's mailing address is 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO, 63017. The official website for the company is www.rgare.com. The insurance provider can be reached via phone at (636) 736-7000, via email at investorrelations@rgare.com, or via fax at 636-736-7100.