About Reinsurance Group of America (NYSE:RGA)

Reinsurance Group of America, Incorporated engages in reinsurance business. It offers individual and group life and health insurance products, including term life, credit life, universal life, whole life, group life and health, joint and last survivor insurance, critical illness, disability, and longevity products, as well as asset-intensive and financial reinsurance products. The company also provides reinsurance for mortality, morbidity, and lapse risk associated with products; and reinsurance for investment-related risks, as well as develops and markets technology solutions for the insurance industry. It serves life insurance companies in the United States, Latin America, Canada, Europe, the Middle East, Africa, and the Asia Pacific. Reinsurance Group of America, Incorporated was founded in 1973 and is headquartered in Chesterfield, Missouri.
Industry, Sector and Symbol
Industry Life insurance
Sub-IndustryReinsurance
SectorFinance
SymbolNYSE:RGA
CUSIP75935160
Phone636-736-7000
Debt
Debt-to-Equity Ratio0.29%
Current Ratio0.11%
Quick Ratio0.11%
Price-To-Earnings
Trailing P/E Ratio14.70
Forward P/E Ratio12.85
P/E Growth1.41
Sales & Book Value
Annual Sales$12.52 billion
Price / Sales0.82
Cash Flow$10.4063 per share
Price / Cash15.31
Book Value$148.48 per share
Price / Book1.07
Profitability
EPS (Most Recent Fiscal Year)$10.84
Net Income$1.82 billion
Net Margins14.56%
Return on Equity8.62%
Return on Assets1.23%
Miscellaneous
Employees2,640
Outstanding Shares64,480,000
Reinsurance Group of America (NYSE:RGA) Frequently Asked Questions
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."
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 Monday, January 29th. Shareholders of record on Thursday, February 8th will be given a dividend of $0.50 per share on Thursday, March 1st. This represents a $2.00 annualized dividend and a yield of 1.26%. The ex-dividend date is Wednesday, February 7th. View Reinsurance Group of America's Dividend History.
How will Reinsurance Group of America's stock buyback program work?
Reinsurance Group of America declared that its Board of Directors has approved a share buyback program on Wednesday, April 12th 2017, which allows the company to buyback $400,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 5% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its stock is undervalued.
How were Reinsurance Group of America's earnings last quarter?
Reinsurance Group of America (NYSE:RGA) posted its quarterly earnings results on Wednesday, April, 25th. The insurance provider reported $1.61 EPS for the quarter, missing analysts' consensus estimates of $2.62 by $1.01. The insurance provider earned $3.17 billion during the quarter, compared to analysts' expectations of $3.08 billion. Reinsurance Group of America had a net margin of 14.56% and a return on equity of 8.62%. Reinsurance Group of America's revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.86 EPS. View Reinsurance Group of America's Earnings History.
What price target have analysts set for RGA?
9 brokers have issued 1-year price objectives for Reinsurance Group of America's stock. Their forecasts range from $77.00 to $171.00. On average, they expect Reinsurance Group of America's stock price to reach $149.5556 in the next twelve months. View Analyst Ratings for Reinsurance Group of America.
What are Wall Street analysts saying about Reinsurance Group of America stock?
Here are some recent quotes from research analysts about Reinsurance Group of America stock:
- 1. According to Zacks Investment Research, "Shares of Reinsurance Group have outperformed the industry in a year's time. The stock has also seen its 2018 and 2019 estimates moving north in the last 60 days. Reinsurance Group continues to benefit from a mix of organic and transactional opportunities. Its niche position in the U.S. and Canadian reinsurance markets and the expansion of its international operations and diversified earnings stream are positives. Moreover, it is poised to benefit from an improving life reinsurance pricing environment. It expects operating income per share to grow 58% and operating ROE between 10% and 12% in the intermediate term. However, exposure to foreign exchange volatility, volatile Australian business and evolving capital requirements pose headwinds for the company in near term." (4/4/2018)
- 2. Wells Fargo analysts commented, "We think shares will react favorably to the beat and strong underlying trends. The war chest is still there; RGA is ready to take advantage of the Great Restructuring. After accounting for $27 million of share repurchase and a number of small in-force transactions, excess capital stood at $1.0 billion at September 30, same as at June 30. We think the life and annuity industry has entered a phase of rationalization where companies increasingly concentrate on product lines where they have competitive advantages and are able to deploy capital at highest returns." (10/26/2017)
Who are some of Reinsurance Group of America's key competitors?
Some companies that are related to Reinsurance Group of America include Manulife Financial (MFC), Swiss Re (SSREY), Aviva (AVVIY), Sun Life Financial (SLF), Hannover Re (HVRRY), Old Mutual (ODMTY), Lincoln Financial Group (LNC), Legal & General (LGEN), AMP (AMP), Aegon (AEG), Athene (ATH), Torchmark (TMK), Voya Financial (VOYA), Scor (SCRYY) and Sony Financial (SNYFY).
Who are Reinsurance Group of America's key executives?
Reinsurance Group of America's management team includes the folowing people:
- Ms. Anna Manning FSA, FCIA, Chief Exec. Officer, Pres and Director (Age 59)
- Mr. Todd Cory Larson, Sr. Exec. VP & Chief Financial Officer (Age 54)
- Mr. Alain P. Néemeh CPA, CA, Chief Operating Officer and Sr. Exec. VP (Age 50)
- Mr. Timothy Matson CFA, Chief Investment Officer and Exec. VP
- Mr. J. Jeffrey Hopson CFA, Sr. VP of Investor Relations
Has Reinsurance Group of America been receiving favorable news coverage?
Media headlines about RGA stock have trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Reinsurance Group of America earned a news sentiment score of 0.11 on Accern's scale. They also gave media stories about the insurance provider an impact score of 46.98 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
How do I buy shares of Reinsurance Group of America?
Shares of RGA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Reinsurance Group of America's stock price today?
One share of RGA stock can currently be purchased for approximately $159.32.
How big of a company is Reinsurance Group of America?
Reinsurance Group of America has a market capitalization of $10.12 billion and generates $12.52 billion in revenue each year. The insurance provider earns $1.82 billion in net income (profit) each year or $10.84 on an earnings per share basis. Reinsurance Group of America employs 2,640 workers across the globe.
How can I contact Reinsurance Group of America?
Reinsurance Group of America's mailing address is 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO, 63017. The insurance provider can be reached via phone at 636-736-7000 or via email at [email protected]
MarketBeat Community Rating for Reinsurance Group of America (RGA)
MarketBeat's community ratings are surveys of what our community members think about Reinsurance Group of America and other stocks. Vote "Outperform" if you believe RGA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RGA will underperform the S&P 500 over the long term. You may vote once every thirty days.
Reinsurance Group of America (NYSE:RGA) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
9 Wall Street analysts have issued ratings and price targets for Reinsurance Group of America in the last 12 months. Their average twelve-month price target is $149.5556, suggesting that the stock has a possible downside of 6.13%. The high price target for RGA is $171.00 and the low price target for RGA is $77.00. There are currently 1 sell rating, 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
Consensus Rating: | Hold | Hold | Hold | Hold |
Consensus Rating Score: | 2.11 | 2.29 | 2.33 | 2.29 |
Ratings Breakdown: | 1 Sell Rating(s) 6 Hold Rating(s) 2 Buy Rating(s) 0 Strong Buy Rating(s) | 0 Sell Rating(s) 5 Hold Rating(s) 2 Buy Rating(s) 0 Strong Buy Rating(s) | 0 Sell Rating(s) 4 Hold Rating(s) 2 Buy Rating(s) 0 Strong Buy Rating(s) | 0 Sell Rating(s) 5 Hold Rating(s) 2 Buy Rating(s) 0 Strong Buy Rating(s) |
Consensus Price Target: | $149.5556 | $149.5714 | $145.6667 | $130.5714 |
Price Target Upside: | 6.13% downside | 1.32% downside | 8.29% downside | 14.20% downside |
Reinsurance Group of America (NYSE:RGA) Consensus Price Target History

Reinsurance Group of America (NYSE:RGA) Analyst Ratings History
Show:
(Data available from 4/27/2016 forward)
Reinsurance Group of America (NYSE:RGA) Dividend Information
Reinsurance Group of America pays an annual dividend of $2.00 per share, with a dividend yield of 1.26%. RGA's most recent quarterly dividend payment was Thursday, March 1. The company has grown its dividend for the last 7 consecutive years and is increasing its dividend by an average of 13.00% each year. Reinsurance Group of America pays out 18.45% of its earnings out as a dividend.
Most Recent Dividend: | 3/1/2018 |
Annual Dividend: | $2.00 |
Dividend Yield: | 1.26% |
Dividend Growth: | 13.00% (3 Year Average) |
Payout Ratio: | 18.45% (Trailing 12 Months of Earnings) 16.13% (Based on This Year's Estimates) 14.93% (Based on Next Year's Estimates)
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Track Record: | 7 Years of Consecutive Dividend Growth |
Frequency: | Quarterly Dividend |
Reinsurance Group of America (NYSE:RGA) Dividend History by Quarter
Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
---|
1/29/2018 | quarterly | $0.50 | 1.3% | 2/7/2018 | 2/8/2018 | 3/1/2018 |
10/26/2017 | quarterly | $0.50 | 1.31% | 11/6/2017 | 11/7/2017 | 11/28/2017 |
7/27/2017 | Quarterly | $0.50 | 1.43% | 8/4/2017 | 8/8/2017 | 8/29/2017 |
4/28/2017 | quarterly | $0.41 | 1.31% | 5/5/2017 | 5/9/2017 | 5/30/2017 |
1/30/2017 | quarterly | $0.41 | 1.3% | 2/7/2017 | 2/9/2017 | 3/2/2017 |
10/26/2016 | quarterly | $0.41 | | 11/4/2016 | 11/8/2016 | 11/29/2016 |
7/28/2016 | quarterly | $0.41 | | 8/5/2016 | 8/9/2016 | 8/30/2016 |
4/28/2016 | Quarterly | $0.37 | | 5/6/2016 | 5/10/2016 | 5/31/2016 |
1/28/2016 | quarterly | $0.37 | | 2/5/2016 | 2/9/2016 | 3/1/2016 |
10/29/2015 | quarterly | $0.37 | | 11/6/2015 | 11/10/2015 | 12/1/2015 |
7/23/2015 | quarterly | $0.37 | | 8/3/2015 | 8/5/2015 | 8/26/2015 |
4/23/2015 | quarterly | $0.33 | 1.44% | 5/5/2015 | 5/7/2015 | 5/28/2015 |
2/2/2015 | quarterly | $0.33 | 1.54% | 2/11/2015 | 2/13/2015 | 3/6/2015 |
10/27/2014 | quarterly | $0.33 | 1.6% | 11/5/2014 | 11/7/2014 | 11/28/2014 |
7/24/2014 | quarterly | $0.33 | 1.6% | 8/6/2014 | 8/8/2014 | 8/29/2014 |
4/25/2014 | quarterly | $0.30 | 1.58% | 5/7/2014 | 5/9/2014 | 5/30/2014 |
1/31/2014 | quarterly | $0.30 | 1.61% | 2/12/2014 | 2/14/2014 | 3/7/2014 |
10/30/2013 | quarterly | $0.30 | 1.66% | 11/6/2013 | 11/8/2013 | 11/29/2013 |
7/18/2013 | quarterly | $0.30 | 1.77% | 8/7/2013 | 8/9/2013 | 8/30/2013 |
4/25/2013 | quarterly | $0.24 | 1.56% | 5/8/2013 | 5/10/2013 | 5/31/2013 |
1/31/2013 | quarterly | $0.24 | 1.64% | 2/13/2013 | 2/15/2013 | 3/8/2013 |
(Data available from 1/1/2013 forward)
Reinsurance Group of America (NYSE RGA) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.47%
Institutional Ownership Percentage: 93.24%
Reinsurance Group of America (NYSE RGA) Insider Trading History
Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
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2/16/2018 | Arnoud W.A. Boot | Director | Sell | 400 | $155.26 | $62,104.00 | 6,357 | |
2/8/2018 | Alan C Henderson | Director | Sell | 556 | $148.84 | $82,755.04 | 19,862 | |
12/26/2017 | John P Laughlin Jr | EVP | Sell | 500 | $155.60 | $77,800.00 | 26,777 | |
11/6/2017 | John P Laughlin Jr | EVP | Sell | 1,000 | $149.96 | $149,960.00 | 27,277 | |
10/31/2017 | Christine Rose Detrick | Director | Sell | 659 | $149.50 | $98,520.50 | 4,023 | |
8/15/2017 | John P Laughlin Jr | EVP | Sell | 1,941 | $140.77 | $273,234.57 | 28,218 | |
8/14/2017 | Alan C Henderson | Director | Sell | 440 | $139.87 | $61,542.80 | 20,418 | |
8/7/2017 | Alain Neemeh | EVP | Sell | 7,500 | $139.69 | $1,047,675.00 | 43,292 | |
8/3/2017 | William L Hutton | EVP | Sell | 4,339 | $140.42 | $609,282.38 | 18,624 | |
8/1/2017 | Christine Rose Detrick | Director | Sell | 750 | $139.50 | $104,625.00 | 4,682 | |
6/21/2017 | Timothy T Matson | EVP | Buy | 500 | $127.39 | $63,695.00 | 2,430 | |
5/2/2017 | Christine Rose Detrick | Director | Sell | 500 | $127.00 | $63,500.00 | 5,432 | |
3/3/2017 | J Cliff Eason | Director | Sell | 1,854 | $129.62 | $240,315.48 | 13,700 | |
2/16/2017 | Todd C Larson | CFO | Sell | 2,964 | $128.76 | $381,644.64 | 27,136 | |
2/7/2017 | Arnoud W.A. Boot | Director | Sell | 1,000 | $127.19 | $127,190.00 | 6,000 | |
11/1/2016 | Alain Neemeh | EVP | Sell | 5,705 | $107.66 | $614,200.30 | 40,829 | |
8/29/2016 | John W Hayden | SVP | Sell | 1,988 | $105.42 | $209,574.96 | 8,074 | |
8/26/2016 | Anna Manning | President | Sell | 2,015 | $105.22 | $212,018.30 | 9,707 | |
8/5/2016 | A Greig Woodring | CEO | Sell | 31,058 | $100.62 | $3,125,055.96 | 208,353 | |
8/5/2016 | Todd C Larson | CFO | Sell | 2,355 | $100.73 | $237,219.15 | 24,955 | |
5/11/2016 | Arnoud W.A. Boot | Director | Sell | 625 | $96.00 | $60,000.00 | 7,000 | |
2/22/2016 | Alan C Henderson | Director | Sell | 1,000 | $90.28 | $90,280.00 | 20,858 | |
2/10/2016 | Arnoud W.A. Boot | Director | Sell | 900 | $86.00 | $77,400.00 | 6,062 | |
8/14/2015 | A Greig Woodring | CEO | Sell | 37,911 | $97.04 | $3,678,883.44 | | |
5/14/2015 | Todd C Larson | EVP | Sell | 1,483 | $93.43 | $138,556.69 | | |
5/7/2015 | Jack B Lay | CFO | Sell | 49,439 | $92.42 | $4,569,152.38 | | |
2/27/2015 | William L Hutton | EVP | Sell | 7,125 | $89.80 | $639,825.00 | | |
2/24/2015 | Todd C Larson | EVP | Sell | 7,056 | $90.00 | $635,040.00 | | |
11/26/2014 | Alain Neemeh | VP | Sell | 16,322 | $86.07 | $1,404,834.54 | | |
10/31/2014 | Paul A Schuster | EVP | Sell | 27,620 | $83.84 | $2,315,660.80 | | |
10/30/2014 | Alan C Henderson | Director | Sell | 1,000 | $83.00 | $83,000.00 | | |
8/26/2014 | A Greig Woodring | CEO | Sell | 20,000 | $82.64 | $1,652,800.00 | | |
8/26/2014 | Alain Neemeh | VP | Sell | 3,439 | $82.52 | $283,786.28 | | |
8/19/2014 | Todd C Larson | EVP | Sell | 3,949 | $81.57 | $322,119.93 | | |
5/23/2014 | Paul A Schuster | EVP | Sell | 1,948 | $77.60 | $151,164.80 | | |
2/28/2014 | John Laughlin, Jr. | EVP | Sell | 1,000 | $75.76 | $75,760.00 | 20,185 | |
2/18/2014 | A Greig Woodring | CEO | Sell | 29,492 | $74.63 | $2,200,987.96 | 159,519 | |
2/10/2014 | Todd Larson | EVP | Sell | 3,476 | $72.25 | $251,141.00 | 20,101 | |
2/5/2014 | Arnoud W.A. Boot | Director | Sell | 3,100 | $71.34 | $221,154.00 | 4,475 | |
11/21/2013 | Jack Lay | CFO | Sell | 36,854 | $74.47 | $2,744,517.38 | 35,108 | |
8/19/2013 | Bryant Allan O | EVP | Buy | 6,500 | $65.09 | $423,085.00 | 6,500 | |
5/16/2013 | Paul A Schuster | EVP | Sell | 6,500 | $63.97 | $415,805.00 | | |
5/15/2013 | Alain Neemeh | VP | Sell | 2,500 | $64.00 | $160,000.00 | | |
5/15/2013 | Todd C Larson | EVP | Sell | 3,000 | $63.70 | $191,100.00 | | |
5/8/2013 | William L Hutton | EVP | Sell | 4,158 | $64.27 | $267,234.66 | | |
4/30/2013 | A Greig Woodring | CEO | Sell | 34,335 | $61.97 | $2,127,739.95 | | |
4/30/2013 | Alain Neemeh | VP | Sell | 11,760 | $62.33 | $733,000.80 | | |
2/5/2013 | Todd C Larson | EVP | Sell | 2,035 | $57.92 | $117,867.20 | | |
(Data available from 1/1/2013 forward)
Reinsurance Group of America (NYSE RGA) News Headlines
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Reinsurance Group of America (NYSE:RGA) SEC Filings
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Reinsurance Group of America (NYSE:RGA) Income Statement, Balance Sheet and Cash Flow Statement
Reinsurance Group of America (NYSE RGA) Stock Chart for Friday, April, 27, 2018
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