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

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

Reinsurance Group of America announced a special dividend on Monday, July 29th. Stockholders of record on Thursday, August 8th will be paid a dividend of $0.70 per share on Thursday, August 29th. The ex-dividend date is Wednesday, August 7th. View Reinsurance Group of America's Dividend History.

Reinsurance Group of America declared that its Board of Directors has authorized a stock repurchase program on Monday, January 28th 2019, which allows the company to repurchase $400,000,000.00 in 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.

Reinsurance Group of America Inc (NYSE:RGA) announced its quarterly earnings data on Monday, July, 29th. The insurance provider reported $3.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.37 by $0.06. The insurance provider earned $3.36 billion during the quarter, compared to analyst estimates of $3.44 billion. Reinsurance Group of America had a return on equity of 9.19% and a net margin of 5.85%. During the same quarter last year, the company posted $3.10 EPS. View Reinsurance Group of America's Earnings History.

Reinsurance Group of America is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Reinsurance Group of America.

4 analysts have issued 12-month price targets for Reinsurance Group of America's stock. Their forecasts range from $144.00 to $181.00. On average, they expect Reinsurance Group of America's share price to reach $160.75 in the next year. This suggests a possible upside of 1.3% from the stock's current price. View Analyst Price Targets for Reinsurance Group of America.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Reinsurance Group of America in the last year. There are currently 1 sell rating, 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.

News articles about RGA stock have been trending somewhat positive on Monday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Reinsurance Group of America earned a media sentiment score of 0.9 on InfoTrie's scale. They also gave news articles about the insurance provider a news buzz of 1.0 out of 10, indicating that recent press 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 in the month of August. As of August 31st, there was short interest totalling 880,900 shares, an increase of 35.5% from the July 31st total of 650,200 shares. Based on an average trading volume of 284,600 shares, the days-to-cover ratio is currently 3.1 days. Approximately 1.4% 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 Manulife Financial (MFC), Prudential Financial (PRU), SWISS RE LTD/S (SSREY), Sun Life Financial (SLF), HANNOVER RUECK/S (HVRRY), AVIVA PLC/ADR (AVVIY), Legal & General Group (LGEN), Lincoln National (LNC), AEGON (AEG), Globe Life (GL), SONY FINL HOLDI/ADR (SNYFY), Athene (ATH), Scor (SCRYY), Voya Financial (VOYA) and AMP (AMP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Reinsurance Group of America investors own include Third Point Reinsurance (TPRE), Procter & Gamble (PG), Target (TGT), UnitedHealth Group (UNH), General Electric (GE), Johnson & Johnson (JNJ), Medtronic (MDT), Walmart (WMT), Brighthouse Financial (BHF) and AFLAC (AFL).

Reinsurance Group of America's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.60%), BlackRock Inc. (9.60%), Vanguard Group Inc. (9.49%), Boston Partners (3.19%), AQR Capital Management LLC (1.95%) and Caisse DE Depot ET Placement DU Quebec (1.90%). Company insiders that own Reinsurance Group of America stock include Alain Neemeh, Alan C Henderson, Anna Manning, Arnoud WA Boot, Christine Rose Detrick, J Cliff Eason, John J Gauthier, John P Laughlin Jr, John W Hayden, 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 Wells Fargo & Company MN, Strs Ohio, BNP Paribas Arbitrage SA, AQR Capital Management LLC, Prudential Financial Inc., Bank of New York Mellon Corp, MUFG Securities EMEA plc and BlackRock Inc.. Company insiders that have sold Reinsurance Group of America company stock in the last year include Alain Neemeh, Alan C Henderson, Anna Manning, Arnoud WA Boot, John P Laughlin Jr, John W Hayden, Todd C Larson and William L Hutton. View Insider Buying and Selling for Reinsurance Group of America.

RGA stock was purchased by a variety of institutional investors in the last quarter, including Nuance Investments LLC, Nuveen Asset Management LLC, Boston Partners, JPMorgan Chase & Co., Bank of Montreal Can, Invesco Ltd., Waddell & Reed Financial Inc. and California Public Employees Retirement System. Company insiders that have bought Reinsurance Group of America stock in the last two years include John J Gauthier 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 $158.70.

Reinsurance Group of America has a market capitalization of $9.96 billion and generates $12.88 billion in revenue each year. The insurance provider earns $715.84 million in net income (profit) each year or $12.12 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]