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

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Reinsurance Group of America in the last twelve months. There are currently 4 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" RGA shares.
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10 Wall Street analysts have issued 12 month target prices for Reinsurance Group of America's stock. Their RGA share price forecasts range from $141.00 to $199.00. On average, they expect the company's stock price to reach $162.55 in the next year. This suggests a possible upside of 9.4% 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 the year. Since then, RGA stock has increased by 4.6% and is now trading at $148.64.
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Reinsurance Group of America saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 484,800 shares, an increase of 18.8% from the August 15th total of 408,200 shares. Based on an average trading volume of 371,700 shares, the short-interest ratio is presently 1.3 days. Currently, 0.7% of the shares of the company are short sold.
View Reinsurance Group of America's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our RGA earnings forecast.

Reinsurance Group of America, Incorporated (NYSE:RGA) announced its quarterly earnings data on Friday, August, 4th. The insurance provider reported $4.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.12 by $0.28. The insurance provider earned $4.16 billion during the quarter, compared to analyst estimates of $4.30 billion. Reinsurance Group of America had a trailing twelve-month return on equity of 20.35% and a net margin of 5.61%. The business's revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $5.78 earnings per share.

Reinsurance Group of America declared a quarterly dividend on Tuesday, August 1st. Shareholders of record on Tuesday, August 15th will be paid a dividend of $0.85 per share on Tuesday, August 29th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date of this dividend is Monday, August 14th. This is a boost from the stock's previous quarterly dividend of $0.80.
Read our dividend analysis for RGA.

ETFs with the largest weight of Reinsurance Group of America (NYSE:RGA) stock in their portfolio include Inspire Faithward Mid Cap Momentum ETF (GLRY), American CenturyFocused Large Cap Value ETF (FLV), SPDR S&P Insurance ETF (KIE), Natixis Vaughan Nelson Mid Cap ETF (VNMC), Invesco S&P MidCap Momentum ETF (XMMO), Invesco S&P MidCap Value with Momentum ETF (XMVM), iShares S&P Mid-Cap 400 Value ETF (IJJ) and Vanguard S&P Mid-Cap 400 Value ETF (IVOV).

Reinsurance Group of America (NYSE:RGA) pays an annual dividend of $3.40 per share and currently has a dividend yield of 2.29%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 24.32%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RGA will have a dividend payout ratio of 18.62% 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 a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.10%), Earnest Partners LLC (3.47%), State Street Corp (3.38%), Rockefeller Capital Management L.P. (1.74%), Geode Capital Management LLC (1.48%) and Bank of New York Mellon Corp (1.36%). Insiders that own company stock include Alka Gautam, Christine Rose Detrick, Todd C Larson and William L Hutton.
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 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 $148.64.

Reinsurance Group of America (NYSE:RGA) has a market capitalization of $9.84 billion and generates $16.26 billion in revenue each year. The insurance provider earns $623 million in net income (profit) each year or $13.98 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.