NYSE:RGA Reinsurance Group of America Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Reinsurance Group of America Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $100.04 -1.06 (-1.05 %) (As of 09/18/2020 09:37 PM ET) Add Compare Share Today's Range$99.68Now: $100.04▼$101.9950-Day Range$84.30MA: $94.24▼$104.4652-Week Range$55.39Now: $100.04▼$169.26Volume888,300 shsAverage Volume782,699 shsMarket Capitalization$6.80 billionP/E Ratio11.28Dividend Yield2.80%Beta1.15 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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, lapse, and investment-related risk associated with products; and reinsurance for investment-related risks. In addition, it develops and markets technology solutions; and provides consulting and outsourcing solutions for the insurance and reinsurance industries. The company 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.Read More Beat the Market (BTM) Rank™ 3.1 Analyst's Opinion Consensus RatingReinsurance Group of America has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 3 buy ratings, 3 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $116.57, Reinsurance Group of America has a forecasted upside of 16.5% from its current price of $100.04.Amount of Analyst CoverageReinsurance Group of America has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.9 Community Rank Outperform VotesReinsurance Group of America has received 280 “outperform” votes. (Add your “outperform” vote.)Underperform VotesReinsurance Group of America has received 453 “underperform” votes. (Add your “underperform” vote.)Community SentimentReinsurance Group of America has received 61.80% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend YieldReinsurance Group of America pays a meaningful dividend of 2.80%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthReinsurance Group of America has been increasing its dividend for 9 years.Dividend CoverageThe dividend payout ratio of Reinsurance Group of America is 20.97%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Reinsurance Group of America will have a dividend payout ratio of 22.29% next year. This indicates that Reinsurance Group of America will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Reinsurance Group of America insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.98% of the stock of Reinsurance Group of America is held by insiders.Percentage Held by Institutions96.06% of the stock of Reinsurance Group of America is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Reinsurance Group of America are expected to grow by 68.82% in the coming year, from $7.44 to $12.56 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Reinsurance Group of America is 11.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.70.Price to Earnings Ratio vs. SectorThe P/E ratio of Reinsurance Group of America is 11.28, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 16.43.Price to Book Value per Share RatioReinsurance Group of America has a P/B Ratio of 0.54. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.1Community Rank: 1.9Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 3.8 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.61 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Life insurance Sub-IndustryReinsurance SectorFinance Current SymbolNYSE:RGA Previous Symbol CUSIP75935160 CIK898174 Webwww.rgare.com Phone636-736-7000Debt Debt-to-Equity Ratio0.28 Current Ratio0.15 Quick Ratio0.15Price-To-Earnings Trailing P/E Ratio11.28 Forward P/E Ratio13.45 P/E GrowthN/A Sales & Book Value Annual Sales$14.30 billion Price / Sales0.48 Cash Flow$13.29 per share Price / Cash Flow7.53 Book Value$185.29 per share Price / Book0.54Profitability EPS (Most Recent Fiscal Year)$13.35 Net Income$870 million Net Margins3.99% Return on Equity5.79% Return on Assets0.84%Miscellaneous Employees3,188 Outstanding Shares67,936,000Market Cap$6.80 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $100.04 -1.06 (-1.05 %) (As of 09/18/2020 09:37 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive RGA News and Ratings via Email Sign-up to receive the latest news and ratings for RGA and its competitors with MarketBeat's FREE daily newsletter. Reinsurance Group of America (NYSE:RGA) Frequently Asked Questions How has Reinsurance Group of America's stock been impacted by COVID-19? 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 (WHO). Since then, RGA stock has increased by 3.4% and is now trading at $100.04. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Reinsurance Group of America? 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, 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Reinsurance Group of America. When is Reinsurance Group of America's next earnings date? Reinsurance Group of America is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for Reinsurance Group of America. How were Reinsurance Group of America's earnings last quarter? Reinsurance Group of America Inc (NYSE:RGA) released its quarterly earnings results on Tuesday, August, 4th. The insurance provider reported $1.36 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($1.04) by $2.40. The insurance provider had revenue of $3.61 billion for the quarter, compared to the consensus estimate of $3.57 billion. Reinsurance Group of America had a net margin of 3.99% and a return on equity of 5.79%. The company's revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.31 EPS. View Reinsurance Group of America's earnings history. 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 Tuesday, August 4th. Stockholders of record on Friday, August 14th will be given a dividend of $0.70 per share on Tuesday, September 1st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.80%. The ex-dividend date of this dividend is Thursday, August 13th. View Reinsurance Group of America's dividend history. How will Reinsurance Group of America's stock buyback program work? Reinsurance Group of America announced that its board has initiated a stock repurchase program 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 repurchase up to 4.3% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's leadership believes its stock is undervalued. What price target have analysts set for RGA? 8 analysts have issued 12-month price targets for Reinsurance Group of America's stock. Their forecasts range from $93.00 to $175.00. On average, they expect Reinsurance Group of America's share price to reach $116.57 in the next twelve months. This suggests a possible upside of 16.5% from the stock's current price. View analysts' price targets for Reinsurance Group of America. Are investors shorting Reinsurance Group of America? Reinsurance Group of America saw a decline in short interest in August. As of August 31st, there was short interest totaling 742,900 shares, a decline of 33.1% from the August 15th total of 1,110,000 shares. Based on an average daily trading volume, of 798,600 shares, the days-to-cover ratio is currently 0.9 days. View Reinsurance Group of America's Short Interest. Who are some of Reinsurance Group of America's key competitors? Some companies that are related to Reinsurance Group of America include RenaissanceRe (RNR), Everest Re Group (RE), Alleghany (Y), Enstar Group (ESGR), Greenlight Capital Re (GLRE), Maiden (MHLD) and Partnerre (PRE.PH). View all competitors. 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), Medtronic (MDT), AT&T (T), AbbVie (ABBV), Pfizer (PFE), Procter & Gamble (PG), Target (TGT), Chevron (CVX) and Lowe's Companies (LOW). Who are Reinsurance Group of America's key executives? Reinsurance Group of America's management team includes the following people: Ms. Anna Manning FSA, FCIA, Pres, CEO & Non-Independent Director (Age 60)Mr. Todd Cory Larson, Sr. EVP & CFO (Age 55)Mr. Alain P. Néemeh CPA, CA, Sr. EVP & COO (Age 51)Mr. Timothy Thomas Matson CFA, Exec. VP & Chief Investment Officer (Age 60)Mr. John Patrick Laughlin Jr., Exec. VP of Global Financial Solutions (Age 64) 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 a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.31%), FMR LLC (3.25%), Goldman Sachs Group Inc. (1.42%), Bank of New York Mellon Corp (1.31%), LSV Asset Management (1.31%) and Public Employees Retirement Association of Colorado (1.23%). Company insiders that own Reinsurance Group of America stock include Alain Neemeh, Alan C Henderson, Alka Gautam, Anna Manning, Arnoud WA Boot, 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. Which major investors are selling Reinsurance Group of America stock? RGA stock was sold by a variety of institutional investors in the last quarter, including AJO LP, Nuance Investments LLC, AQR Capital Management LLC, Marshall Wace North America L.P., Balyasny Asset Management LLC, LSV Asset Management, Denali Advisors LLC, and First Trust Advisors LP. Company insiders that have sold Reinsurance Group of America company stock in the last year include Alka Gautam, Anna Manning, John P Laughlin Jr, and William L Hutton. View insider buying and selling activity for Reinsurance Group of America. Which major investors are buying Reinsurance Group of America stock? RGA stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Vanguard Group Inc., Victory Capital Management Inc., Ensign Peak Advisors Inc, Sumitomo Mitsui Trust Holdings Inc., NN Investment Partners Holdings N.V., NN Investment Partners Holdings N.V., and Goldman Sachs Group Inc.. Company insiders that have bought Reinsurance Group of America stock in the last two years include Patricia Lynn Guinn, and Timothy T Matson. View insider buying and selling activity for Reinsurance Group of America. 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, Robinhood, 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 $100.04. How big of a company is Reinsurance Group of America? Reinsurance Group of America has a market capitalization of $6.80 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. What is Reinsurance Group of America's official website? The official website for Reinsurance Group of America is www.rgare.com. 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] This page was last updated on 9/21/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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