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

Reinsurance Group of America's stock was trading at $96.77 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, RGA stock has decreased by 18.5% and is now trading at $78.85. View which stocks have been mosted impacted by Coronavirus.

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, 2 hold ratings and 1 buy rating 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, May 4th 2020. View our earnings forecast for Reinsurance Group of America.

Reinsurance Group of America Inc (NYSE:RGA) posted its quarterly earnings results on Tuesday, January, 28th. The insurance provider reported $3.43 EPS 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 analysts' expectations 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 company posted $3.46 earnings per share. View Reinsurance Group of America's earnings history.

Reinsurance Group of America declared a quarterly dividend on Tuesday, January 28th. Stockholders 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 yield of 3.55%. The ex-dividend date is Wednesday, February 5th. View Reinsurance Group of America's dividend history.

Reinsurance Group of America announced that its board has authorized a share repurchase plan 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 plans are typically a sign that the company's leadership believes its stock is undervalued.

5 analysts have issued 12-month price objectives for Reinsurance Group of America's stock. Their forecasts range from $99.00 to $175.00. On average, they anticipate Reinsurance Group of America's share price to reach $133.25 in the next twelve months. This suggests a possible upside of 69.0% from the stock's current price. View analysts' price targets for Reinsurance Group of America.

News headlines about RGA stock have trended negative this week, InfoTrie reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public 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 -2.1 on InfoTrie's scale. They also assigned news articles about the insurance provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutReinsurance Group of America.

Reinsurance Group of America saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 1,762,400 shares, an increase of 20.7% from the February 27th total of 1,460,000 shares. Based on an average daily trading volume, of 456,400 shares, the short-interest ratio is presently 3.9 days. Currently, 2.8% of the shares of the stock are sold short. View Reinsurance Group of America's Current Options Chain.

Some companies that are related to Reinsurance Group of America include Alleghany (Y), Everest Re Group (RE), 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 Johnson & Johnson (JNJ), Third Point Reinsurance (TPRE), Medtronic (MDT), AT&T (T), UnitedHealth Group (UNH), Wells Fargo & Co (WFC), PepsiCo (PEP), AbbVie (ABBV), Anthem (ANTM) and A. O. Smith (AOS).

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 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 Nuveen Asset Management LLC. 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 activity for Reinsurance Group of America.

RGA stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Goldman Sachs Group Inc., AJO LP, Boston Partners, Strs Ohio, Earnest Partners LLC, Macquarie Group Ltd., and Macquarie Group Ltd.. 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 $78.85.

Reinsurance Group of America has a market capitalization of $4.93 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. 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]