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

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Reinsurance Group of America in the last year. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" RGA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RGA, but not buy additional shares or sell existing shares.
View RGA analyst ratings or view top-rated stocks.

9 Wall Street analysts have issued 12-month price objectives for Reinsurance Group of America's shares. Their RGA share price forecasts range from $116.00 to $170.00. On average, they expect the company's share price to reach $150.89 in the next year. This suggests a possible upside of 6.2% 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 on January 1st, 2023. Since then, RGA stock has decreased by 0.0% and is now trading at $142.03.
View the best growth stocks for 2023 here.

Reinsurance Group of America saw a increase in short interest during the month of December. As of December 30th, there was short interest totaling 605,600 shares, an increase of 23.3% from the December 15th total of 491,100 shares. Based on an average trading volume of 444,800 shares, the short-interest ratio is currently 1.4 days. Approximately 0.9% of the company's shares are short sold.
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) issued its earnings results on Friday, February, 3rd. The insurance provider reported $2.99 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.51 by $0.52. The insurance provider had revenue of $4.38 billion for the quarter, compared to analyst estimates of $4.33 billion. Reinsurance Group of America had a net margin of 3.83% and a trailing twelve-month return on equity of 15.47%. The firm's revenue was up .4% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.56) EPS.

Reinsurance Group of America announced a quarterly dividend on Thursday, February 2nd. Investors 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 annualized dividend and a yield of 2.25%. The ex-dividend date is Monday, February 13th.
Read our dividend analysis for RGA.

Reinsurance Group of America (NYSE:RGA) pays an annual dividend of $3.20 per share and currently has a dividend yield of 2.25%. 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 18.70% 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."

Reinsurance Group of America's stock is owned by a number of institutional and retail investors. Top institutional investors include Douglas Lane & Associates LLC (1.06%), New York State Common Retirement Fund (0.60%), Pzena Investment Management LLC (0.59%), Allspring Global Investments Holdings LLC (0.50%), Vaughan Nelson Investment Management L.P. (0.27%) and Leeward Investments LLC MA (0.25%). Insiders that own company stock include Alka Gautam, Christine Rose Detrick and Todd C Larson.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of RGA stock can currently be purchased for approximately $142.03.

Reinsurance Group of America (NYSE:RGA) has a market capitalization of $9.49 billion and generates $16.26 billion in revenue each year. The insurance provider earns $617 million in net income (profit) each year or $9.20 on an earnings per share basis.

The company employs 3,500 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.