NYSE:RGAReinsurance Group of America Stock Price, Forecast & News

Reinsurance Group of America's stock was trading at $96.77 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, RGA stock has decreased by 2.6% and is now trading at $94.27. View which stocks have been most impacted by Coronavirus.

8 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, 4 hold ratings and 2 buy ratings 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, August 3rd 2020. View our earnings forecast for Reinsurance Group of America.

Reinsurance Group of America Inc (NYSE:RGA) announced its quarterly earnings data on Tuesday, May, 5th. The insurance provider reported $1.41 EPS for the quarter, missing analysts' consensus estimates of $2.63 by $1.22. The insurance provider had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.57 billion. Reinsurance Group of America had a return on equity of 7.19% and a net margin of 4.35%. Reinsurance Group of America's quarterly revenue was down 6.3% on a year-over-year basis. During the same period in the prior year, the firm earned $2.61 earnings per share. View Reinsurance Group of America's earnings history.

Reinsurance Group of America declared a quarterly dividend on Tuesday, May 5th. Investors of record on Thursday, May 21st will be paid a dividend of $0.70 per share on Thursday, June 4th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.97%. The ex-dividend date of this dividend is Wednesday, May 20th. View Reinsurance Group of America's dividend history.

Reinsurance Group of America announced that its Board of Directors has approved a stock buyback program on Monday, January 28th 2019, which authorizes the company to repurchase $400,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 4.3% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board believes its stock is undervalued.

8 brokerages have issued 12-month target prices for Reinsurance Group of America's shares. Their forecasts range from $97.00 to $175.00. On average, they expect Reinsurance Group of America's share price to reach $126.14 in the next twelve months. This suggests a possible upside of 33.8% from the stock's current price. View analysts' price targets for Reinsurance Group of America.

Media coverage about RGA stock has been trending very negative this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by reviewing 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 nearest to five being the most favorable. Reinsurance Group of America earned a news sentiment score of -3.5 on InfoTrie's scale. They also gave media headlines about the insurance provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutReinsurance Group of America.

Reinsurance Group of America saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 1,270,000 shares, a drop of 7.3% from the April 30th total of 1,370,000 shares. Based on an average daily trading volume, of 800,500 shares, the days-to-cover ratio is currently 1.6 days. Approximately 2.1% of the shares of the company 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), RenaissanceRe (RNR), Alleghany (Y), Enstar Group (ESGR), Greenlight Capital Re (GLRE), Maiden (MHLD) and Partnerre (PRE.PH). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Reinsurance Group of America investors own include Medtronic (MDT), Johnson & Johnson (JNJ), Procter & Gamble (PG), Target (TGT), Third Point Reinsurance (TPRE), Lowe's Companies (LOW), 3M (MMM), Pfizer (PFE), Wells Fargo & Co (WFC) 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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.79%), Alliancebernstein L.P. (4.68%), State Street Corp (3.70%), Caisse DE Depot ET Placement DU Quebec (2.05%), AJO LP (1.37%) and Bank of New York Mellon Corp (1.34%). Company insiders that own Reinsurance Group of America stock include Alain Neemeh, Alan C Henderson, Alka Gautam, Anna Manning, Arnoud WA Boot, 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 Rockefeller Capital Management L.P., Wellington Management Group LLP, AQR Capital Management LLC, California Public Employees Retirement System, Morgan Stanley, Morgan Stanley, Victory Capital Management Inc., and Victory Capital Management Inc.. Company insiders that have sold Reinsurance Group of America company stock in the last year include 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 acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Eaton Vance Management, FDx Advisors Inc., FDx Advisors Inc., Caisse DE Depot ET Placement DU Quebec, Diamond Hill Capital Management Inc., Ensign Peak Advisors Inc, and Wells Fargo & Company MN. 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 $94.27.

Reinsurance Group of America has a market capitalization of $5.81 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.

The official website for Reinsurance Group of America is 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]