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

$209.13
-0.75 (-0.36%)
(As of 03:32 PM ET)
Today's Range
$208.15
$210.74
50-Day Range
$180.15
$212.37
52-Week Range
$135.07
$213.21
Volume
106,531 shs
Average Volume
360,618 shs
Market Capitalization
$13.76 billion
P/E Ratio
16.25
Dividend Yield
1.63%
Price Target
$197.31

Reinsurance Group of America MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.91 Rating Score
Upside/​Downside
5.5% Downside
$197.31 Price Target
Short Interest
Healthy
0.58% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.58
Upright™ Environmental Score
News Sentiment
0.70mentions of Reinsurance Group of America in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$1.25 M Sold Last Quarter
Proj. Earnings Growth
5.22%
From $20.48 to $21.55 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.62 out of 5 stars

Finance Sector

113th out of 828 stocks

Life Insurance Industry

7th out of 19 stocks

RGA stock logo

About Reinsurance Group of America Stock (NYSE:RGA)

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.

RGA Stock Price History

RGA Stock News Headlines

Reinsurance Group of America to Host Investor Day
Golub Capital Launches Insurance Solutions Team
See More Headlines
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Company Calendar

Ex-Dividend for 2/27 Dividend
2/12/2024
Dividend Payable
2/27/2024
Last Earnings
5/03/2024
Ex-Dividend for 5/28 Dividend
5/13/2024
Today
5/21/2024
Dividend Payable
5/28/2024
Next Earnings (Estimated)
8/01/2024
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
$197.31
High Stock Price Target
$235.00
Low Stock Price Target
$151.00
Potential Upside/Downside
-5.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.91
Research Coverage
11 Analysts

Profitability

Net Income
$902 million
Pretax Margin
5.23%

Debt

Sales & Book Value

Annual Sales
$18.57 billion
Cash Flow
$18.64 per share
Book Value
$139.15 per share

Miscellaneous

Free Float
64,891,000
Market Cap
$13.76 billion
Optionable
Optionable
Beta
0.88

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Key Executives

  • Mr. Tony Cheng F.S.A. (Age 50)
    President, CEO & Director
    Comp: $4.45M
  • Mr. Todd Cory LarsonMr. Todd Cory Larson (Age 60)
    Senior EVP & CFO
    Comp: $2.37M
  • Ms. Leslie Ann Barbi (Age 57)
    Executive VP & Chief Investment Officer
    Comp: $2.99M
  • Mr. Mark J. Brooks (Age 54)
    Executive VP & Chief Information Officer
  • Mr. J. Jeffrey Hopson
    Senior Vice President of Investor Relations
  • Mr. William L. HuttonMr. William L. Hutton (Age 64)
    Executive VP, General Counsel & Secretary
  • Lynn Phillips
    Vice President of Corporate Communications
  • Mr. Raymond Kleeman (Age 51)
    Executive VP & Chief Human Resources Officer
  • Mr. Jonathan William Porter FCIA (Age 53)
    FSA, Executive VP & Global Chief Risk Officer
  • Catie Muccigrosso
    VP, Chief Underwriter - U.S. Mortality Markets

RGA Stock Analysis - Frequently Asked Questions

Should I buy or sell Reinsurance Group of America stock right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Reinsurance Group of America in the last twelve months. There are currently 2 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" RGA shares.
View RGA analyst ratings
or view top-rated stocks.

What is Reinsurance Group of America's stock price target for 2024?

11 Wall Street analysts have issued twelve-month target prices for Reinsurance Group of America's stock. Their RGA share price targets range from $151.00 to $235.00. On average, they anticipate the company's stock price to reach $197.31 in the next twelve months. This suggests that the stock has a possible downside of 5.5%.
View analysts price targets for RGA
or view top-rated stocks among Wall Street analysts.

How have RGA shares performed in 2024?

Reinsurance Group of America's stock was trading at $161.78 at the start of the year. Since then, RGA shares have increased by 29.0% and is now trading at $208.71.
View the best growth stocks for 2024 here
.

Are investors shorting Reinsurance Group of America?

Reinsurance Group of America saw a drop in short interest in April. As of April 15th, there was short interest totaling 379,300 shares, a drop of 26.1% from the March 31st total of 513,100 shares. Based on an average daily trading volume, of 351,800 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.6% of the company's stock are short sold.
View Reinsurance Group of America's Short Interest
.

When is Reinsurance Group of America's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our RGA earnings forecast
.

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

Reinsurance Group of America, Incorporated (NYSE:RGA) released its earnings results on Friday, May, 3rd. The insurance provider reported $6.02 earnings per share for the quarter, topping analysts' consensus estimates of $4.55 by $1.47. The insurance provider earned $6.34 billion during the quarter, compared to analyst estimates of $4.54 billion. Reinsurance Group of America had a trailing twelve-month return on equity of 15.94% and a net margin of 4.16%. During the same period in the prior year, the business earned $5.16 earnings per share.

How often does Reinsurance Group of America pay dividends? What is the dividend yield for Reinsurance Group of America?

Reinsurance Group of America announced a quarterly dividend on Thursday, May 2nd. Investors of record on Tuesday, May 14th will be given a dividend of $0.85 per share on Tuesday, May 28th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date is Monday, May 13th.
Read our dividend analysis for RGA
.

Is Reinsurance Group of America a good dividend stock?

Reinsurance Group of America (NYSE:RGA) pays an annual dividend of $3.40 per share and currently has a dividend yield of 1.60%. The company has been increasing its dividend for 15 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 26.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RGA will have a dividend payout ratio of 15.78% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RGA.

What is Anna Manning's approval rating as Reinsurance Group of America's CEO?

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.

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

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).

Who are Reinsurance Group of America's major shareholders?

Reinsurance Group of America's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.86%), Earnest Partners LLC (3.92%), Bank of New York Mellon Corp (1.25%), Sei Investments Co. (1.19%), Nuance Investments LLC (1.18%) and Douglas Lane & Associates LLC (0.95%). Insiders that own company stock include Alka Gautam, Christine Rose Detrick, John W Hayden, Ronald Herrmann, Todd C Larson and William L Hutton.
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.

Does Reinsurance Group of America have any subsidiaries?
The following companies are subsidiares of Reinsurance Group of America: APEXA CORP., Aurora National Life Assurance, Aurora National Life Assurance Company, Bonhomme Financing LLC, Bueller Financing LLC, Castlewood Financial LLC, Castlewood Reinsurance Company, Chesterfield Financial Holdings LLC, Chesterfield Reinsurance Company, Elite Sales Processing Inc., Gateway Ridge LLC, Greenhouse Life Insurance Company, Hodge Life Assurance Co Ltd, Horseshoe Financing LLC, LOGIQ3 CORP., LOGIQ3 INC UK LTD., LOGIQ3 INC., Leidsche Leven Holding B.V., Leidsche Verzekering Maatschapij N.V., Manor Reinsurance Ltd., Maroon Financing LLC, Meramec Financing LLC, My Life Covered LLC, Omnilife Insurance Company Limited, Parkway Financial LLC, Parkway Reinsurance Company, Quincy Financing LLC, RGA Americas Investments LLC, RGA Americas Reinsurance Company Ltd., RGA Atlantic Reinsurance Company Ltd., RGA Australian Holdings Pty Limited, RGA Capital LLC, RGA Capital Limited, RGA Enterprise Services Company, RGA Financial Group L.L.C., RGA Global Reinsurance Company Ltd., RGA Global Reinsurance Company Ltd. - escritório de Representação no Brasil Ltda., RGA Global Shared Services India Private Limited, RGA Holdings Limited, RGA International Corporation, RGA International Division Sydney Office Pty. Limited, RGA International Reinsurance Company dac, RGA International Services Pty Ltd., RGA Life Reinsurance Company of Canada, RGA Partners Japan GK, RGA ReCap Incorporated, RGA Real Estate Holdings LLC, RGA Real Estate Investments LLC, RGA Reinsurance Company, RGA Reinsurance Company (Barbados) Ltd., RGA Reinsurance Company Middle East Limited, RGA Reinsurance Company of Australia Limited, RGA Reinsurance Company of South Africa Limited, RGA Services (Singapore) Pte. Ltd., RGA South African Holdings (Pty) Ltd., RGA Technology Partners Inc., RGA UK Services Limited, RGA Ventures (Pty) Ltd., RGA Worldwide Reinsurance Company Ltd., RGAx EMEA Limited, RGAx LLC, Reinsurance Company of Missouri Incorporated, River's Edge Turnkey Services Inc., Rockwood Reinsurance Company, SALT Associates LLC, Sun Mountain Financing LLC, Swyvyl Corp., Timberlake Financial L.L.C., Timberlake Reinsurance Company II, Tindall Associates Inc., Ulysses Financing LLC, and Wild Horse Financing LLC.
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This page (NYSE:RGA) was last updated on 5/21/2024 by MarketBeat.com Staff

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