NYSE:RGAReinsurance Group of America Stock Price, Forecast & News

Reinsurance Group of America's stock was trading at $96.77 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, RGA stock has decreased by 27.3% and is now trading at $70.31. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Reinsurance Group of America in the last year. There are currently 2 sell ratings, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Reinsurance Group of America.

Reinsurance Group of America is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Reinsurance Group of America.

Reinsurance Group of America will be holding an earnings conference call on Tuesday, August 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Reinsurance Group of America Inc (NYSE:RGA) announced its earnings results on Tuesday, May, 5th. The insurance provider reported $1.41 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $2.63 by $1.22. The insurance provider earned $3.20 billion during the quarter, compared to analyst estimates of $3.57 billion. Reinsurance Group of America had a return on equity of 7.19% and a net margin of 4.35%. The firm's revenue for the quarter was down 6.3% on a year-over-year basis. During the same period in the previous year, the business earned $2.61 EPS. View Reinsurance Group of America's earnings history.

Reinsurance Group of America declared a quarterly dividend on Tuesday, May 5th. Stockholders of record on Thursday, May 21st will be paid a dividend of $0.70 per share on Thursday, June 4th. This represents a $2.80 annualized dividend and a yield of 3.98%. The ex-dividend date of this dividend is Wednesday, May 20th. View Reinsurance Group of America's dividend history.

Reinsurance Group of America declared that its board has authorized a share buyback plan on Monday, January 28th 2019, which authorizes the company to repurchase $400,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 4.3% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's leadership believes its shares are undervalued.

8 analysts have issued 1 year price objectives for Reinsurance Group of America's stock. Their forecasts range from $80.00 to $175.00. On average, they anticipate Reinsurance Group of America's share price to reach $112.57 in the next year. This suggests a possible upside of 60.1% from the stock's current price. View analysts' price targets for Reinsurance Group of America.

Headlines about RGA stock have been trending negative on Friday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Reinsurance Group of America earned a media sentiment score of -2.4 on InfoTrie's scale. They also assigned headlines about the insurance provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days. View the latest news about Reinsurance Group of America.

Reinsurance Group of America saw a increase in short interest in June. As of June 30th, there was short interest totaling 2,260,000 shares, an increase of 85.2% from the June 15th total of 1,220,000 shares. Based on an average trading volume of 886,200 shares, the days-to-cover ratio is presently 2.6 days. Approximately 3.7% of the shares of the company are short sold. View Reinsurance Group of America's Current Options Chain.

Some companies that are related to Reinsurance Group of America include Everest Re Group (RE), RenaissanceRe (RNR), Alleghany (Y), Enstar Group (ESGR), Greenlight Capital Re (GLRE), Maiden (MHLD) and Partnerre (PRE.PH). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Reinsurance Group of America investors own include Medtronic (MDT), Johnson & Johnson (JNJ), Procter & Gamble (PG), Target (TGT), Third Point Reinsurance (TPRE), Lowe's Companies (LOW), 3M (MMM), Pfizer (PFE), Wells Fargo & Co (WFC) 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 Envestnet Asset Management Inc. (0.15%), Skyline Asset Management LP (0.12%), Wedge Capital Management L L P NC (0.01%), Whittier Trust Co. of Nevada Inc. (0.01%) and Fulton Bank N. A. (0.01%). Company insiders that own Reinsurance Group of America stock include Alain Neemeh, Alan C Henderson, Alka Gautam, Anna Manning, Arnoud WA Boot, John J Gauthier, John P Laughlin Jr, John W Hayden, Patricia Lynn Guinn, Timothy T Matson, Todd C Larson and William L Hutton. View institutional ownership trends for Reinsurance Group of America.

RGA stock was sold by a variety of institutional investors in the last quarter, including Whittier Trust Co. of Nevada Inc.. Company insiders that have sold Reinsurance Group of America company stock in the last year include Alka Gautam, Anna Manning, Arnoud WA Boot, John P Laughlin Jr, and William L Hutton. View insider buying and selling activity for Reinsurance Group of America.

RGA stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Fulton Bank N. A., Skyline Asset Management LP, and Wedge Capital Management L L P NC. Company insiders that have bought Reinsurance Group of America stock in the last two years include John J Gauthier, Patricia Lynn Guinn, and Timothy T Matson. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of RGA stock can currently be purchased for approximately $70.31.

Reinsurance Group of America has a market capitalization of $4.33 billion and generates $14.30 billion in revenue each year. The insurance provider earns $870 million in net income (profit) each year or $13.35 on an earnings per share basis. Reinsurance Group of America employs 3,188 workers across the globe.

The official website for Reinsurance Group of America is www.rgare.com.

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]