NYSE:RGA - Reinsurance Group of America Stock Price, Price Target & More

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

Reinsurance Group of America announced a quarterly dividend on Friday, April 27th. Investors of record on Tuesday, May 8th will be given a dividend of $0.50 per share on Tuesday, May 29th. This represents a $2.00 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend is Monday, May 7th. View Reinsurance Group of America's Dividend History.

Reinsurance Group of America announced that its board has initiated a stock buyback plan on Wednesday, April 12th 2017, which allows the company to buyback $400,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 5% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board of directors believes its stock is undervalued.

Reinsurance Group of America Inc (NYSE:RGA) released its earnings results on Thursday, April, 26th. The insurance provider reported $1.61 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $2.48 by $0.87. The insurance provider had revenue of $3.17 billion for the quarter, compared to analysts' expectations of $3.08 billion. Reinsurance Group of America had a net margin of 14.01% and a return on equity of 8.04%. The business's revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the company posted $1.86 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 Thursday, July, 26th 2018. View Earnings Estimates for Reinsurance Group of America.

8 equities research analysts have issued 12-month price targets for Reinsurance Group of America's stock. Their predictions range from $131.00 to $171.00. On average, they expect Reinsurance Group of America's stock price to reach $157.00 in the next year. This suggests a possible upside of 13.5% from the stock's current price. View Analyst Ratings for Reinsurance Group of America.

8 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, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Reinsurance Group of America include Manulife Financial (MFC), SWISS RE Ltd/S (SSREY), AVIVA PLC/ADR (AVVIY), Sun Life Financial (SLF), HANNOVER RUECK/S (HVRRY), Legal & General Group (LGEN), AMP (AMP), Lincoln National (LNC), OLD Mut PLC/ADR (ODMTY), AEGON (AEG), Torchmark (TMK), Athene (ATH), Voya Financial (VOYA), SONY Finl HOLDI/ADR (SNYFY) and Scor (SCRYY).

Media headlines about RGA stock have trended somewhat negative on Saturday, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Reinsurance Group of America earned a media sentiment score of -0.17 on Accern's scale. They also gave news headlines about the insurance provider an impact score of 48.00 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Reinsurance Group of America's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.35%), Retirement Systems of Alabama (0.22%), Sit Investment Associates Inc. (0.17%), NN Investment Partners Holdings N.V. (0.11%), Bank of Montreal Can (0.08%) and Denali Advisors LLC (0.08%). Company insiders that own Reinsurance Group of America stock include A Greig Woodring, Alain Neemeh, Alan C Henderson, Anna Manning, Arnoud WA Boot, Christine Rose Detrick, J Cliff Eason, 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 Assenagon Asset Management S.A., NN Investment Partners Holdings N.V., Bank of Montreal Can, Pendal Group Ltd, Anderson Hoagland & Co., Municipal Employees Retirement System of Michigan, DnB Asset Management AS and Legacy Private Trust Co.. Company insiders that have sold Reinsurance Group of America company stock in the last year include Alain Neemeh, Alan C Henderson, Arnoud WA Boot, Christine Rose Detrick, J Cliff Eason, John P Laughlin Jr 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 Sit Investment Associates Inc., Denali Advisors LLC, KAMES CAPITAL plc, Clinton Group Inc., Fjarde AP Fonden Fourth Swedish National Pension Fund, Retirement Systems of Alabama, Campbell & CO Investment Adviser LLC and State of Alaska Department of Revenue. 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, Scottrade, Fidelity and Charles Schwab.

One share of RGA stock can currently be purchased for approximately $138.32.

Reinsurance Group of America has a market capitalization of $9.06 billion and generates $12.52 billion in revenue each year. The insurance provider earns $1.82 billion in net income (profit) each year or $10.84 on an earnings per share basis. Reinsurance Group of America employs 2,640 workers across the globe.

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]