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 reached pandemic status according to the World Health Organization. Since then, RGA stock has decreased by 10.3% and is now trading at $86.84. 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) issued its quarterly earnings data on Tuesday, May, 5th. The insurance provider reported $1.41 earnings per share 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 the consensus estimate 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 business earned $2.61 EPS. View Reinsurance Group of America's earnings history.

Reinsurance Group of America announced a quarterly dividend on Tuesday, May 5th. Investors 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 3.22%. 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 of Directors has initiated a stock repurchase program on Monday, January 28th 2019, which allows the company to repurchase $400,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 4.3% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its shares are undervalued.

8 brokerages 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 stock price to reach $125.57 in the next twelve months. This suggests a possible upside of 44.6% from the stock's current price. View analysts' price targets for Reinsurance Group of America.

Press coverage about RGA stock has trended negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press 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 closest to five being the most favorable. Reinsurance Group of America earned a media sentiment score of -2.6 on InfoTrie's scale. They also assigned media stories about the insurance provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutReinsurance Group of America.

Reinsurance Group of America saw a decrease in short interest in May. As of May 15th, there was short interest totaling 1,270,000 shares, a decrease of 7.3% from the April 30th total of 1,370,000 shares. Based on an average daily trading volume, of 800,500 shares, the days-to-cover ratio is presently 1.6 days. Currently, 2.1% of the shares of the company 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."

Reinsurance Group of America's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.79%), Alliancebernstein L.P. (4.68%), State Street Corp (3.70%), Caisse DE Depot ET Placement DU Quebec (2.05%), AJO LP (1.37%) and Bank of New York Mellon Corp (1.34%). 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 Rockefeller Capital Management L.P., Wellington Management Group LLP, AQR Capital Management LLC, California Public Employees Retirement System, Morgan Stanley, Morgan Stanley, Victory Capital Management Inc., and Victory Capital Management 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 First Trust Advisors LP, Eaton Vance Management, FDx Advisors Inc., FDx Advisors Inc., Caisse DE Depot ET Placement DU Quebec, Diamond Hill Capital Management Inc., Ensign Peak Advisors Inc, and Wells Fargo & Company MN. 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 $86.84.

Reinsurance Group of America has a market capitalization of $5.35 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]