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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, RGA stock has decreased by 22.0% and is now trading at $75.52. 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 Monday, August 3rd 2020. View our earnings forecast for Reinsurance Group of America.

Reinsurance Group of America Inc (NYSE:RGA) posted its earnings results on Tuesday, May, 5th. The insurance provider reported $1.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.63 by $1.22. The insurance provider had revenue of $3.20 billion for the quarter, compared to analyst estimates of $3.57 billion. Reinsurance Group of America had a net margin of 4.35% and a return on equity of 7.19%. The business's revenue was down 6.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.61 earnings per share. 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 given a dividend of $0.70 per share on Thursday, June 4th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.71%. The ex-dividend date is Wednesday, May 20th. View Reinsurance Group of America's dividend history.

Reinsurance Group of America declared that its board has initiated a share repurchase program on Monday, January 28th 2019, 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 4.3% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's leadership believes its shares are undervalued.

8 analysts have issued twelve-month price targets for Reinsurance Group of America's stock. Their forecasts range from $80.00 to $175.00. On average, they expect Reinsurance Group of America's stock price to reach $113.71 in the next year. This suggests a possible upside of 50.6% from the stock's current price. View analysts' price targets for Reinsurance Group of America.

Media stories about RGA stock have trended negative this week, according to InfoTrie. The research firm rates the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public 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 -2.8 on InfoTrie's scale. They also assigned news articles about the insurance provider a news buzz of 7.0 out of 10, meaning that recent news coverage is 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 decrease in short interest in June. As of June 15th, there was short interest totaling 1,220,000 shares, a decrease of 6.2% from the May 31st total of 1,300,000 shares. Based on an average daily volume of 952,600 shares, the days-to-cover ratio is presently 1.3 days. Currently, 2.0% of the company's stock are sold short. 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."

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 $75.52.

Reinsurance Group of America has a market capitalization of $4.66 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]