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 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, RGA shares have 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) released 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 had revenue of $3.20 billion for the quarter, compared to analysts' expectations of $3.57 billion. Reinsurance Group of America had a net margin of 4.35% and a return on equity of 7.19%. The company's revenue was down 6.3% compared to the same quarter last year. During the same quarter in the prior 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. Shareholders 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 annualized dividend 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 of Directors has approved a share repurchase plan on Monday, January 28th 2019, which permits the company to buyback $400,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 4.3% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board believes its stock is undervalued.

8 Wall Street 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 anticipate Reinsurance Group of America's stock price to reach $113.71 in the next twelve months. 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 somewhat positive recently, according to InfoTrie. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Reinsurance Group of America earned a coverage optimism score of 0.8 on InfoTrie's scale. They also gave media stories about the insurance provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next few days. View the latest news about Reinsurance Group of America.

Reinsurance Group of America saw a drop in short interest in June. As of June 15th, there was short interest totaling 1,220,000 shares, a drop of 6.2% from the May 31st total of 1,300,000 shares. Based on an average daily volume of 952,600 shares, the short-interest ratio is presently 1.3 days. Approximately 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]