S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Oil tanker breaks down in Egypt's Suez Canal, disrupting traffic in the global waterway
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Oil tanker breaks down in Egypt's Suez Canal, disrupting traffic in the global waterway
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Oil tanker breaks down in Egypt's Suez Canal, disrupting traffic in the global waterway
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
Oil tanker breaks down in Egypt's Suez Canal, disrupting traffic in the global waterway
We Called (ARWR) In Advance, Which Stocks Are Next? (Ad)
With oil prices slumping, OPEC+ producers weigh more production cuts
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
NYSE:RGA

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

$145.68
+3.83 (+2.70%)
(As of 06/2/2023 ET)
Compare
Today's Range
$143.44
$146.32
50-Day Range
$130.20
$150.19
52-Week Range
$109.06
$153.35
Volume
346,073 shs
Average Volume
347,417 shs
Market Capitalization
$9.69 billion
P/E Ratio
10.52
Dividend Yield
2.20%
Price Target
$157.33

Reinsurance Group of America MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
8.0% Upside
$157.33 Price Target
Short Interest
Healthy
1.17% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.65
Upright™ Environmental Score
News Sentiment
1.15mentions of Reinsurance Group of America in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$444,500 Sold Last Quarter
Proj. Earnings Growth
1.41%
From $17.74 to $17.99 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.69 out of 5 stars

Finance Sector

282nd out of 873 stocks

Life Insurance Industry

8th out of 21 stocks


RGA stock logo

About Reinsurance Group of America (NYSE:RGA) Stock

Reinsurance Group of America, Inc. is a holding company, which engages in the provision of traditional and non-traditional life and health reinsurance products. It operates through the following segments: U.S. and Latin America, Canada, Europe, Middle East, and Africa, Asia Pacific, and Corporate and Other. The U.S. and Latin America segment markets individual and group life and health reinsurance to domestic clients for a variety of products through yearly renewable term agreements, coinsurance, and modified coinsurance. The Canada segment offers individual life reinsurance, and, to a lesser extent, creditor, group life and health, critical illness, and disability reinsurance, through yearly renewable term and coinsurance agreements. The Europe, Middle East, and Africa segment serves individual and group life and health products through yearly renewable term and coinsurance agreements, reinsurance of critical illness coverage that provides a benefit in the event of the diagnosis of a pre-defined critical illness, and underwritten annuities. The Asia Pacific segment consists of individual and group life and health reinsurance, critical illness coverage, disability, and superannuati

Receive RGA Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Reinsurance Group of America and its competitors with MarketBeat's FREE daily newsletter.

RGA Stock News Headlines

“One-Stock Millionaire” IGNORES 99.9% of the Market
During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.
The 4th Military Revolution is Happening
. There have been 3 military revolutions in the past 100 years. The first was when the tank was invented in 1915. The second was the nuclear bomb in 1945. The third was the "smart bomb" in 1991. Amid the turmoil, there will be many losers. Click here to see how to win instead >>>
Piper Sandler Keeps Their Buy Rating on Reinsurance Group (RGA)
Wells Fargo Sticks to Its Buy Rating for Reinsurance Group (RGA)
See More Headlines

RGA Price History

RGA Company Calendar

Last Earnings
5/05/2023
Ex-Dividend for 5/30 Dividend
5/15/2023
Dividend Payable
5/30/2023
Today
6/04/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Life insurance
Sub-Industry
Reinsurance
Sector
Finance
CUSIP
75935160
Employees
3,800
Year Founded
1992

Price Target and Rating

Average Stock Price Forecast
$157.33
High Stock Price Forecast
$167.00
Low Stock Price Forecast
$141.00
Forecasted Upside/Downside
+8.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
$623 million
Pretax Margin
5.52%

Debt

Sales & Book Value

Annual Sales
$16.26 billion
Cash Flow
$14.51 per share
Book Value
$115.96 per share

Miscellaneous

Free Float
65,670,000
Market Cap
$9.69 billion
Optionable
Optionable
Beta
0.91

Social Links


Key Executives

  • Anna Manning
    Chief Executive Officer & Director
  • Tony Cheng
    President & Director
  • Todd C. LarsonTodd C. Larson
    Chief Financial Officer & Senior Executive VP
  • Suzy Scanlon
    Chief Information Officer & Executive VP
  • John W. Hayden
    Executive Vice President & Controller













RGA Stock - Frequently Asked Questions

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

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.
View RGA analyst ratings
or view top-rated stocks.

What is Reinsurance Group of America's stock price forecast for 2023?

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.

How have RGA shares performed in 2023?

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.
View the best growth stocks for 2023 here
.

Are investors shorting Reinsurance Group of America?

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.
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 3rd 2023.
View our RGA earnings forecast
.

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

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.

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

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
.

Is Reinsurance Group of America a good dividend stock?

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.

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).

What is Reinsurance Group of America's stock symbol?

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

Who are Reinsurance Group of America's major shareholders?

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.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Reinsurance Group of America's stock price today?

One share of RGA stock can currently be purchased for approximately $145.68.

How much money does Reinsurance Group of America make?

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.

How many employees does Reinsurance Group of America have?

The company employs 3,800 workers across the globe.

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.
Read More
How can I contact Reinsurance Group of America?

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.

This page (NYSE:RGA) was last updated on 6/4/2023 by MarketBeat.com Staff

My Account -