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

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 Wednesday, October 30th. Shareholders of record on Tuesday, November 12th will be given a dividend of $0.70 per share on Tuesday, December 3rd. This represents a $2.80 annualized dividend and a yield of 1.84%. The ex-dividend date is Friday, November 8th. This is a boost from Reinsurance Group of America's previous quarterly dividend of $0.60. View Reinsurance Group of America's Dividend History.

Reinsurance Group of America announced that its board has approved a share repurchase program on Monday, January 28th 2019, which permits the company to buyback $400,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 4.3% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's management believes its shares are undervalued.

Reinsurance Group of America Inc (NYSE:RGA) released its earnings results on Wednesday, October, 30th. The insurance provider reported $4.02 EPS for the quarter, beating analysts' consensus estimates of $3.42 by $0.60. The insurance provider earned $3.63 billion during the quarter, compared to analyst estimates of $3.45 billion. Reinsurance Group of America had a net margin of 5.40% and a return on equity of 8.49%. The company's revenue was up 12.4% compared to the same quarter last year. During the same quarter last year, the company posted $4.03 EPS. View Reinsurance Group of America's Earnings History.

Reinsurance Group of America is scheduled to release their next quarterly earnings announcement on Tuesday, January 28th 2020. View Earnings Estimates for Reinsurance Group of America.

5 equities research analysts have issued twelve-month target prices for Reinsurance Group of America's shares. Their forecasts range from $144.00 to $181.00. On average, they expect Reinsurance Group of America's stock price to reach $162.25 in the next year. This suggests a possible upside of 6.7% from the stock's current price. View Analyst Price Targets for Reinsurance Group of America.

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, 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.

Media coverage about RGA stock has been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Reinsurance Group of America earned a news sentiment score of -1.4 on InfoTrie's scale. They also gave media coverage 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 stock's share price in the next few days. View News Stories for Reinsurance Group of America.

Reinsurance Group of America saw a increase in short interest in December. As of December 13th, there was short interest totalling 958,200 shares, an increase of 8.5% from the November 28th total of 882,900 shares. Based on an average trading volume of 271,000 shares, the days-to-cover ratio is currently 3.5 days. Approximately 1.5% of the company's shares are short sold. 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 Third Point Reinsurance (TPRE), Wells Fargo & Co (WFC), Johnson & Johnson (JNJ), Medtronic (MDT), Procter & Gamble (PG), Target (TGT), UnitedHealth Group (UNH), Walgreens Boots Alliance (WBA), AbbVie (ABBV) and AFLAC (AFL).

Reinsurance Group of America's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include California Public Employees Retirement System (0.84%), Douglas Lane & Associates LLC (0.43%), Strs Ohio (0.30%), CWM LLC (0.17%), New York State Teachers Retirement System (0.14%) and PhiloSmith Capital Corp (0.12%). 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, 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 Artemis Investment Management LLP, California Public Employees Retirement System, Arizona State Retirement System, Nisa Investment Advisors LLC, Legacy Advisors LLC, PhiloSmith Capital Corp, Anderson Hoagland & Co. and State of Alaska Department of Revenue. Company insiders that have sold Reinsurance Group of America company stock in the last year include Alain Neemeh, Alan C Henderson, Alka Gautam, 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 acquired by a variety of institutional investors in the last quarter, including Strs Ohio, Assenagon Asset Management S.A., CWM LLC, Zurcher Kantonalbank Zurich Cantonalbank, Douglas Lane & Associates LLC, Convergence Investment Partners LLC, Cerebellum GP LLC and Sumitomo Life Insurance Co.. 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 $152.09.

Reinsurance Group of America has a market capitalization of $9.52 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]