Reinsurance Group of America, Incorporated Company Profile (NYSE:RGA)

About Reinsurance Group of America, Incorporated (NYSE:RGA)

Reinsurance Group of America, Incorporated logoReinsurance Group of America, Incorporated (RGA) is an insurance holding company. The Company provides traditional life and health reinsurance and financial solutions with operations in the United States, Latin America, Canada, Europe, Africa, Asia and Australia. It has geographic-based and business-based operational segments, including U.S. and Latin America; Canada; Europe, Middle East and Africa; Asia Pacific, and Corporate and Other. Its geographic-based operations are further segmented into traditional and financial solutions businesses. The Company's subsidiaries include Reinsurance Company of Missouri, Incorporated, RGA Americas Reinsurance Company, Ltd., RGA Reinsurance Company (Barbados) Ltd., Manor Reinsurance, Ltd., RGA Reinsurance Company of South Africa, Limited, Aurora National Life Assurance Company, and RGA Reinsurance Company of Australia Limited. Traditional reinsurance includes individual and group life and health, disability, and critical illness reinsurance.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Life & Health Reinsurance
  • Sub-Industry: Reinsurance
  • Symbol: NYSE:RGA
  • CUSIP: 75935160
  • Web: www.rgare.com
Capitalization:
  • Market Cap: $9.35163 billion
  • Outstanding Shares: 64,493,000
Average Prices:
  • 50 Day Moving Avg: $138.20
  • 200 Day Moving Avg: $132.06
  • 52 Week Range: $107.12 - $147.13
P/E:
  • Trailing P/E Ratio: 12.35
  • Foreward P/E Ratio: 13.48
  • P/E Growth: 1.58
Sales & Book Value:
  • Annual Revenue: $12.11 billion
  • Price / Sales: 0.77
  • Book Value: $123.60 per share
  • Price / Book: 1.17
Dividend:
  • Annual Dividend: $2.00
  • Dividend Yield: 1.4%
Profitability:
  • EBITDA: $1.34 billion
  • Net Margins: 6.33%
  • Return on Equity: 8.48%
  • Return on Assets: 1.18%
Debt:
  • Debt-to-Equity Ratio: 0.35%
  • Current Ratio: 0.11%
  • Quick Ratio: 0.11%
Misc:
  • Average Volume: 298,726 shs.
  • Beta: 0.85
  • Short Ratio: 2.4
 

Frequently Asked Questions for Reinsurance Group of America, Incorporated (NYSE:RGA)

What is Reinsurance Group of America, Incorporated's stock symbol?

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

How often does Reinsurance Group of America, Incorporated pay dividends? What is the dividend yield for Reinsurance Group of America, Incorporated?

Reinsurance Group of America, Incorporated declared a quarterly dividend on Thursday, July 27th. Investors of record on Tuesday, August 8th will be paid a dividend of $0.50 per share on Tuesday, August 29th. This represents a $2.00 annualized dividend and a yield of 1.38%. The ex-dividend date is Friday, August 4th. This is an increase from Reinsurance Group of America, Incorporated's previous quarterly dividend of $0.41. View Reinsurance Group of America, Incorporated's Dividend History.

How will Reinsurance Group of America, Incorporated's stock buyback program work?

Reinsurance Group of America, Incorporated announced that its Board of Directors has authorized a stock repurchase program on Wednesday, April 12th 2017, which permits the company to buyback $400,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 5% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

How were Reinsurance Group of America, Incorporated's earnings last quarter?

Reinsurance Group of America, Incorporated (NYSE:RGA) announced its quarterly earnings data on Thursday, July, 27th. The company reported $2.95 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $2.44 by $0.51. The company had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3 billion. Reinsurance Group of America, Incorporated had a net margin of 6.33% and a return on equity of 8.48%. The company's revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.80 earnings per share. View Reinsurance Group of America, Incorporated's Earnings History.

When will Reinsurance Group of America, Incorporated make its next earnings announcement?

Reinsurance Group of America, Incorporated is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Reinsurance Group of America, Incorporated.

Where is Reinsurance Group of America, Incorporated's stock going? Where will Reinsurance Group of America, Incorporated's stock price be in 2017?

7 brokers have issued 12-month price targets for Reinsurance Group of America, Incorporated's shares. Their forecasts range from $77.00 to $153.00. On average, they anticipate Reinsurance Group of America, Incorporated's stock price to reach $128.67 in the next twelve months. View Analyst Ratings for Reinsurance Group of America, Incorporated.

What are analysts saying about Reinsurance Group of America, Incorporated stock?

Here are some recent quotes from research analysts about Reinsurance Group of America, Incorporated stock:

  • 1. According to Zacks Investment Research, "Reinsurance Group continues to benefit from a mix of organic and transactional opportunities. Its niche position in the U.S. and Canadian reinsurance markets and the expansion of its international operations and diversified earnings stream are positives. Moreover, it is poised to benefit from an improving life reinsurance pricing environment. Thus the company expects operating income per share to grow 5% to 8% and operating ROE between 10% and 12% in the intermediate term. However, exposure to foreign exchange volatility, volatile Australian business and evolving capital requirements pose headwinds for the company in near term. Shares of Reinsurance Group underperformed the industry, year to date. Reinsurance Group’s bottom line beat expectation. Traditional business both in the EMEA and Asia-Pacific were strong.  Top-line growth came on improved U.S. mortality claims and robust organic growth across most regions." (8/1/2017)
  • 2. Wells Fargo & Company analysts commented, "We are lowering our 2017 EPS estimate to $9.75 from $9.93 to reflect lower US Traditional earnings. No change to our 2018 estimate of $10.80. No change to our valuation range." (4/28/2017)

Who are some of Reinsurance Group of America, Incorporated's key competitors?

Who are Reinsurance Group of America, Incorporated's key executives?

Reinsurance Group of America, Incorporated's management team includes the folowing people:

  • J. Cliff Eason, Independent Chairman of the Board
  • Anna Manning, President, Chief Executive Officer, Director
  • Todd C. Larson, Chief Financial Officer, Senior Executive Vice President
  • Alain P. Neemeh, Chief Operating Officer, Senior Executive Vice President
  • Timothy Matson, Executive Vice President, Chief Investment Officer
  • William L. Hutton, Executive Vice President, General Counsel, Secretary
  • John P. Laughlin, Executive Vice President of Global Financial Solutions
  • Jonathan Porter, Executive Vice President and Global Chief Risk Officer
  • John W. Hayden, Senior Vice President, Controller
  • William J. Bartlett CPA, Independent Director

Who owns Reinsurance Group of America, Incorporated stock?

Reinsurance Group of America, Incorporated's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Rockefeller Financial Services Inc. (0.99%), Hermes Investment Management Ltd. (0.72%), Diamond Hill Capital Management Inc. (0.70%), Assenagon Asset Management S.A. (0.13%), Mutual of America Capital Management LLC (0.11%) and Sit Investment Associates Inc. (0.04%). Company insiders that own Reinsurance Group of America, Incorporated 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, Incorporated.

Who sold Reinsurance Group of America, Incorporated stock? Who is selling Reinsurance Group of America, Incorporated stock?

Reinsurance Group of America, Incorporated's stock was sold by a variety of institutional investors in the last quarter, including Hermes Investment Management Ltd., Diamond Hill Capital Management Inc., Meeder Asset Management Inc., Denali Advisors LLC, Rockefeller Financial Services Inc., Mutual of America Capital Management LLC, State Treasurer State of Michigan and Oakbrook Investments LLC. Company insiders that have sold Reinsurance Group of America, Incorporated stock in the last year include Alain Neemeh, Alan C Henderson, Arnoud WA Boot, Christine Rose Detrick, J Cliff Eason, John P Laughlin Jr, Todd C Larson and William L Hutton. View Insider Buying and Selling for Reinsurance Group of America, Incorporated.

Who bought Reinsurance Group of America, Incorporated stock? Who is buying Reinsurance Group of America, Incorporated stock?

Reinsurance Group of America, Incorporated's stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Sit Investment Associates Inc., APG Asset Management N.V., Shell Asset Management Co. and Fulton Bank N.A.. View Insider Buying and Selling for Reinsurance Group of America, Incorporated.

How do I buy Reinsurance Group of America, Incorporated stock?

Shares of Reinsurance Group of America, Incorporated can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Reinsurance Group of America, Incorporated's stock price today?

One share of Reinsurance Group of America, Incorporated stock can currently be purchased for approximately $145.00.


MarketBeat Community Rating for Reinsurance Group of America, Incorporated (NYSE RGA)
Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  138 (Vote Outperform)
Underperform Votes:  234 (Vote Underperform)
Total Votes:  372
MarketBeat's community ratings are surveys of what our community members think about Reinsurance Group of America, Incorporated and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Reinsurance Group of America, Incorporated (NYSE:RGA) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 5 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.29)
Consensus Price Target: $128.67 (11.26% downside)
Consensus Price Target History for Reinsurance Group of America, Incorporated (NYSE:RGA)
Price Target History for Reinsurance Group of America, Incorporated (NYSE:RGA)
Analysts' Ratings History for Reinsurance Group of America, Incorporated (NYSE:RGA)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/18/2017Goldman Sachs Group, Inc. (The)Initiated CoverageBuy$153.00N/AView Rating Details
10/10/2017Royal Bank Of CanadaReiterated RatingHold$134.00N/AView Rating Details
8/3/2017Keefe, Bruyette & WoodsReiterated RatingHold$137.00LowView Rating Details
5/1/2017Jefferies Group LLCLower Price TargetHold$80.00 -> $77.00LowView Rating Details
4/28/2017Wells Fargo & CompanyReiterated RatingHoldHighView Rating Details
1/26/2017Citigroup Inc.Initiated CoverageBuy$144.00N/AView Rating Details
1/23/2017Deutsche Bank AGBoost Price TargetHold$121.00 -> $127.00N/AView Rating Details
10/7/2016Credit Suisse GroupInitiated CoverageNeutral$115.00N/AView Rating Details
10/4/2016J P Morgan Chase & CoDowngradeOverweight -> Neutral$105.00 -> $108.00N/AView Rating Details
7/6/2016Evercore ISIInitiated CoverageHold$92.00N/AView Rating Details
4/30/2016Morgan StanleyReiterated RatingSellN/AView Rating Details
11/4/2015MacquarieLower Price TargetOutperform$109.00 -> $107.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Reinsurance Group of America, Incorporated (NYSE:RGA)
Earnings by Quarter for Reinsurance Group of America, Incorporated (NYSE:RGA)
Earnings History by Quarter for Reinsurance Group of America, Incorporated (NYSE RGA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2017N/AView Earnings Details
7/27/2017Q2 2017$2.44$2.95$3.00 billion$3.13 billionViewN/AView Earnings Details
4/27/2017Q1 2017$2.11$1.86$2.86 billion$3.01 billionViewN/AView Earnings Details
1/30/2017Q416$2.52$2.63$2.89 billion$3.07 billionViewListenView Earnings Details
10/26/2016Q316$2.38$2.46$2.79 billion$2.90 billionViewListenView Earnings Details
7/28/2016Q216$2.29$2.80$2.71 billion$3.04 billionViewListenView Earnings Details
4/28/2016Q116$1.95$1.85$2.63 billion$2.51 billionViewListenView Earnings Details
1/28/2016Q415$2.57$2.84$2.65 billion$2.83 billionViewListenView Earnings Details
10/29/2015Q315$2.24$1.90$2.67 billion$2.44 billionViewListenView Earnings Details
7/23/2015Q215$2.18$1.94$2.60 billion$2.63 billionViewListenView Earnings Details
4/23/2015Q115$1.84$1.77$2.62 billion$2.52 billionViewListenView Earnings Details
2/2/2015Q414$2.13$2.44$2.87 billion$2.70 billionViewListenView Earnings Details
10/27/2014Q314$2.07$2.31$2.65 billion$2.72 billionViewListenView Earnings Details
7/24/2014Q214$1.97$2.23$2.86 billion$2.71 billionViewListenView Earnings Details
4/24/2014Q114$1.73$1.61$2.53 billion$2.66 billionViewListenView Earnings Details
1/31/2014Q413$1.97$2.17$2.72 billionViewListenView Earnings Details
10/29/2013Q313$1.84$1.93$2.45 billionViewListenView Earnings Details
7/18/2013Q2 2013$1.83($0.99)$2.48 billion$2.00 billionViewListenView Earnings Details
4/25/2013Q1 2013$1.61$1.65$2.40 billion$2.60 billionViewListenView Earnings Details
1/31/2013Q4 2012$1.79$2.44$2.59 billion$2.18 billionViewListenView Earnings Details
10/17/2012$1.84$1.95ViewN/AView Earnings Details
7/26/2012$1.75$1.65ViewN/AView Earnings Details
4/30/2012$1.54$1.52ViewN/AView Earnings Details
1/30/2012$1.83$1.91ViewN/AView Earnings Details
10/24/2011$1.87$2.04ViewN/AView Earnings Details
7/25/2011$1.81$1.72ViewN/AView Earnings Details
4/26/2011$1.57$1.61ViewN/AView Earnings Details
1/31/2011$1.86$2.15ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Reinsurance Group of America, Incorporated (NYSE:RGA)
Current Year EPS Consensus Estimate: $10.19 EPS
Next Year EPS Consensus Estimate: $10.76 EPS

Dividends

Current Dividend Information for Reinsurance Group of America, Incorporated (NYSE:RGA)
Most Recent Dividend:8/29/2017
Annual Dividend:$2.00
Dividend Yield:1.38%
Dividend Growth:13.00% (3 Year Average)
Payout Ratio:17.02% (Trailing 12 Months of Earnings)
19.63% (Based on This Year's Estimates)
18.59% (Based on Next Year's Estimates)
Track Record:6 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Reinsurance Group of America, Incorporated (NYSE:RGA)

Dividend History by Quarter for Reinsurance Group of America, Incorporated (NYSE RGA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/27/2017Quarterly$0.501.43%8/4/20178/8/20178/29/2017
4/28/2017quarterly$0.411.31%5/5/20175/9/20175/30/2017
1/30/2017quarterly$0.411.3%2/7/20172/9/20173/2/2017
10/26/2016quarterly$0.4111/4/201611/8/201611/29/2016
7/28/2016quarterly$0.418/5/20168/9/20168/30/2016
4/28/2016Quarterly$0.375/6/20165/10/20165/31/2016
1/28/2016quarterly$0.372/5/20162/9/20163/1/2016
10/29/2015quarterly$0.3711/6/201511/10/201512/1/2015
7/23/2015quarterly$0.378/3/20158/5/20158/26/2015
4/23/2015quarterly$0.331.44%5/5/20155/7/20155/28/2015
2/2/2015quarterly$0.331.54%2/11/20152/13/20153/6/2015
10/27/2014quarterly$0.331.6%11/5/201411/7/201411/28/2014
7/24/2014quarterly$0.331.6%8/6/20148/8/20148/29/2014
4/25/2014quarterly$0.301.58%5/7/20145/9/20145/30/2014
1/31/2014quarterly$0.301.61%2/12/20142/14/20143/7/2014
10/30/2013quarterly$0.301.66%11/6/201311/8/201311/29/2013
7/18/2013quarterly$0.301.77%8/7/20138/9/20138/30/2013
4/25/2013quarterly$0.241.56%5/8/20135/10/20135/31/2013
1/31/2013quarterly$0.241.64%2/13/20132/15/20133/8/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Reinsurance Group of America, Incorporated (NYSE:RGA)
Insider Ownership Percentage: 1.47%
Institutional Ownership Percentage: 90.54%
Insider Trades by Quarter for Reinsurance Group of America, Incorporated (NYSE:RGA)
Institutional Ownership by Quarter for Reinsurance Group of America, Incorporated (NYSE:RGA)
Insider Trades by Quarter for Reinsurance Group of America, Incorporated (NYSE:RGA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/15/2017John P Laughlin JrEVPSell1,941$140.77$273,234.57View SEC Filing  
8/14/2017Alan C HendersonDirectorSell440$139.87$61,542.80View SEC Filing  
8/7/2017Alain NeemehEVPSell7,500$139.69$1,047,675.00View SEC Filing  
8/3/2017William L HuttonEVPSell4,339$140.42$609,282.38View SEC Filing  
8/1/2017Christine Rose DetrickDirectorSell750$139.50$104,625.00View SEC Filing  
6/21/2017Timothy T MatsonEVPBuy500$127.39$63,695.00View SEC Filing  
5/2/2017Christine Rose DetrickDirectorSell500$127.00$63,500.00View SEC Filing  
3/3/2017J Cliff EasonDirectorSell1,854$129.62$240,315.48View SEC Filing  
2/16/2017Todd C LarsonCFOSell2,964$128.76$381,644.64View SEC Filing  
2/7/2017Arnoud W.A. BootDirectorSell1,000$127.19$127,190.00View SEC Filing  
11/1/2016Alain NeemehEVPSell5,705$107.66$614,200.30View SEC Filing  
8/29/2016John W HaydenSVPSell1,988$105.42$209,574.96View SEC Filing  
8/26/2016Anna ManningPresidentSell2,015$105.22$212,018.30View SEC Filing  
8/5/2016A Greig WoodringCEOSell31,058$100.62$3,125,055.96View SEC Filing  
8/5/2016Todd C LarsonCFOSell2,355$100.73$237,219.15View SEC Filing  
5/11/2016Arnoud W.A. BootDirectorSell625$96.00$60,000.00View SEC Filing  
2/22/2016Alan C HendersonDirectorSell1,000$90.28$90,280.00View SEC Filing  
2/10/2016Arnoud W.A. BootDirectorSell900$86.00$77,400.00View SEC Filing  
8/14/2015A Greig WoodringCEOSell37,911$97.04$3,678,883.44View SEC Filing  
5/14/2015Todd C LarsonEVPSell1,483$93.43$138,556.69View SEC Filing  
5/7/2015Jack B LayCFOSell49,439$92.42$4,569,152.38View SEC Filing  
2/27/2015William L HuttonEVPSell7,125$89.80$639,825.00View SEC Filing  
2/24/2015Todd C LarsonEVPSell7,056$90.00$635,040.00View SEC Filing  
11/26/2014Alain NeemehVPSell16,322$86.07$1,404,834.54View SEC Filing  
10/31/2014Paul A SchusterEVPSell27,620$83.84$2,315,660.80View SEC Filing  
10/30/2014Alan C HendersonDirectorSell1,000$83.00$83,000.00View SEC Filing  
8/26/2014A Greig WoodringCEOSell20,000$82.64$1,652,800.00View SEC Filing  
8/26/2014Alain NeemehVPSell3,439$82.52$283,786.28View SEC Filing  
8/19/2014Todd C LarsonEVPSell3,949$81.57$322,119.93View SEC Filing  
5/23/2014Paul A SchusterEVPSell1,948$77.60$151,164.80View SEC Filing  
2/28/2014John Laughlin, Jr.EVPSell1,000$75.76$75,760.00View SEC Filing  
2/18/2014A Greig WoodringCEOSell29,492$74.63$2,200,987.96View SEC Filing  
2/10/2014Todd LarsonEVPSell3,476$72.25$251,141.00View SEC Filing  
2/5/2014Arnoud W.A. BootDirectorSell3,100$71.34$221,154.00View SEC Filing  
11/21/2013Jack LayCFOSell36,854$74.47$2,744,517.38View SEC Filing  
8/19/2013Bryant Allan OEVPBuy6,500$65.09$423,085.00View SEC Filing  
5/16/2013Paul A SchusterEVPSell6,500$63.97$415,805.00View SEC Filing  
5/15/2013Alain NeemehVPSell2,500$64.00$160,000.00View SEC Filing  
5/15/2013Todd C LarsonEVPSell3,000$63.70$191,100.00View SEC Filing  
5/8/2013William L HuttonEVPSell4,158$64.27$267,234.66View SEC Filing  
4/30/2013A Greig WoodringCEOSell34,335$61.97$2,127,739.95View SEC Filing  
4/30/2013Alain NeemehVPSell11,760$62.33$733,000.80View SEC Filing  
2/5/2013Todd C LarsonEVPSell2,035$57.92$117,867.20View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Reinsurance Group of America, Incorporated (NYSE:RGA)
Latest Headlines for Reinsurance Group of America, Incorporated (NYSE:RGA)
Source:
Loading headlines, please wait.

Social

Chart

Reinsurance Group of America, Incorporated (RGA) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.