Reinsurance Group of America - RGA Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Reinsurance Group of America in the last year. There are currently 4 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.

9 brokers have issued 12 month price targets for Reinsurance Group of America's stock. Their RGA share price forecasts range from $141.00 to $170.00. On average, they predict the company's stock price to reach $155.56 in the next year. This suggests a possible upside of 17.2% 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 shares have decreased by 6.6% and is now trading at $132.76.
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Reinsurance Group of America saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 740,900 shares, an increase of 21.4% from the January 31st total of 610,300 shares. Based on an average daily volume of 409,900 shares, the short-interest ratio is presently 1.8 days. Currently, 1.1% of the company's stock are sold short.
View Reinsurance Group of America's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our RGA earnings forecast.

Reinsurance Group of America, Incorporated (NYSE:RGA) posted its quarterly earnings results on Friday, February, 3rd. The insurance provider reported $2.99 EPS for the quarter, missing analysts' consensus estimates of $3.51 by $0.52. The insurance provider earned $4.38 billion during the quarter, compared to the consensus estimate of $4.33 billion. Reinsurance Group of America had a trailing twelve-month return on equity of 16.86% and a net margin of 3.83%. The company's revenue for the quarter was up .4% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.56) EPS.

Reinsurance Group of America declared a quarterly dividend on Thursday, February 2nd. Shareholders of record on Tuesday, February 14th will be given a dividend of $0.80 per share on Tuesday, February 28th. This represents a $3.20 dividend on an annualized basis and a yield of 2.41%. The ex-dividend date of this dividend is Monday, February 13th.
Read our dividend analysis for RGA.

ETFs with the largest weight of Reinsurance Group of America (NYSE:RGA) stock in their portfolio include American CenturyFocused Large Cap Value ETF (FLV), Inspire Faithward Mid Cap Momentum ETF (GLRY), First Trust Dorsey Wright Momentum & Value ETF (DVLU), SPDR S&P Insurance ETF (KIE), Invesco S&P MidCap Momentum ETF (XMMO), Natixis Vaughan Nelson Mid Cap ETF (VNMC), Invesco S&P MidCap Low Volatility ETF (XMLV) and Inspire Fidelis Multi Factor ETF (FDLS).

Reinsurance Group of America (NYSE:RGA) pays an annual dividend of $3.20 per share and currently has a dividend yield of 2.42%. 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 34.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RGA will have a dividend payout ratio of 18.72% 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."

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 $132.76.

Reinsurance Group of America (NYSE:RGA) has a market capitalization of $8.88 billion and generates $15.89 billion in revenue each year. The insurance provider earns $623 million in net income (profit) each year or $9.20 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.