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

Reinsurance Group of America trades on the New York Stock Exchange (NYSE) under the ticker symbol "RGA."

Reinsurance Group of America declared a quarterly dividend on Tuesday, January 28th. Shareholders of record on Thursday, February 6th will be given a dividend of $0.70 per share on Thursday, February 27th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.28%. The ex-dividend date is Wednesday, February 5th. View Reinsurance Group of America's Dividend History.

Reinsurance Group of America declared that its board has initiated a stock buyback program on Monday, January 28th 2019, which allows the company to buyback $400,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 4.3% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board believes its stock is undervalued.

Reinsurance Group of America Inc (NYSE:RGA) issued its quarterly earnings data on Tuesday, January, 28th. The insurance provider reported $3.43 earnings per share for the quarter, missing the Zacks' consensus estimate of $3.71 by $0.28. The insurance provider had revenue of $3.76 billion for the quarter, compared to the consensus estimate of $3.60 billion. Reinsurance Group of America had a return on equity of 7.85% and a net margin of 6.08%. During the same period last year, the business earned $3.46 earnings per share. View Reinsurance Group of America's Earnings History.

Reinsurance Group of America is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Reinsurance Group of America.

5 analysts have issued 12-month price targets for Reinsurance Group of America's shares. Their forecasts range from $145.00 to $175.00. On average, they expect Reinsurance Group of America's share price to reach $162.25 in the next year. This suggests a possible upside of 31.8% from the stock's current price. View Analyst Price Targets for Reinsurance Group of America.

5 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, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Reinsurance Group of America.

Media stories about RGA stock have trended very negative recently, InfoTrie reports. The research group rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of 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 -3.0 on InfoTrie's scale. They also assigned news headlines about the insurance provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Reinsurance Group of America.

Reinsurance Group of America saw a increase in short interest during the month of February. As of February 14th, there was short interest totalling 1,320,000 shares, an increase of 18.9% from the January 30th total of 1,110,000 shares. Based on an average trading volume of 351,900 shares, the days-to-cover ratio is currently 3.8 days. Approximately 2.1% of the company's stock are short sold. View Reinsurance Group of America's Current Options Chain.

Some companies that are related to Reinsurance Group of America include Everest Re Group (RE), Alleghany (Y), RenaissanceRe (RNR), Enstar Group (ESGR), Greenlight Capital Re (GLRE), Maiden (MHLD) and Partnerre (PRE.PH).

Based on aggregate information from My MarketBeat watchlists, some companies that other Reinsurance Group of America investors own include Third Point Reinsurance (TPRE), Medtronic (MDT), Wells Fargo & Co (WFC), Johnson & Johnson (JNJ), Procter & Gamble (PG), Target (TGT), UnitedHealth Group (UNH), Walgreens Boots Alliance (WBA), AbbVie (ABBV) and AFLAC (AFL).

Reinsurance Group of America's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Alliancebernstein L.P. (4.40%), State Street Corp (3.78%), Boston Partners (3.55%), FMR LLC (2.93%), Earnest Partners LLC (1.87%) and AQR Capital Management LLC (1.77%). Company insiders that own Reinsurance Group of America stock include Alain Neemeh, Alan C Henderson, Alka Gautam, Anna Manning, Arnoud WA Boot, J Cliff Eason, 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 Panagora Asset Management Inc., Rockefeller Capital Management L.P., Nuance Investments LLC, Prudential Financial Inc., Barclays PLC, Caisse DE Depot ET Placement DU Quebec, AQR Capital Management LLC and Marshall Wace LLP. Company insiders that have sold Reinsurance Group of America company stock in the last year include Alain Neemeh, Alka Gautam, Anna Manning, Arnoud WA Boot, John P Laughlin Jr and William L Hutton. View Insider Buying and Selling for Reinsurance Group of America.

RGA stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., AJO LP, Boston Partners, Strs Ohio, Earnest Partners LLC, Macquarie Group Ltd., UBS Group AG and Acadian Asset Management LLC. 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 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 $123.06.

Reinsurance Group of America has a market capitalization of $7.70 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 2,767 workers across the globe.View Additional Information About Reinsurance Group of America.

The official website for Reinsurance Group of America is http://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]