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

$90.75
-2.18 (-2.35 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$89.76
Now: $90.75
$92.56
50-Day Range
$81.80
MA: $96.81
$112.00
52-Week Range
$55.39
Now: $90.75
$169.26
Volume707,532 shs
Average Volume701,474 shs
Market Capitalization$5.59 billion
P/E Ratio9.48
Dividend Yield3.01%
Beta1.19
Reinsurance Group of America, Incorporated engages in reinsurance business. It offers individual and group life and health insurance products, including term life, credit life, universal life, whole life, group life and health, joint and last survivor insurance, critical illness, disability, and longevity products, as well as asset-intensive and financial reinsurance products. The company also provides reinsurance for mortality, morbidity, lapse, and investment-related risk associated with products; and reinsurance for investment-related risks. In addition, it develops and markets technology solutions; and provides consulting and outsourcing solutions for the insurance and reinsurance industries. The company serves life insurance companies in the United States, Latin America, Canada, Europe, the Middle East, Africa, and the Asia Pacific. Reinsurance Group of America, Incorporated was founded in 1973 and is headquartered in Chesterfield, Missouri.
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Reinsurance Group of America logo

Beat the Market (BTM) Rank

Analyst Opinion: 4.0Community Rank: 1.9Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 3.1 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.84 out of 5 stars


Industry, Sector and Symbol

Industry Life insurance
Sub-IndustryReinsurance
SectorFinance
CUSIP75935160
Phone636-736-7000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$14.30 billion
Cash Flow$12.69 per share
Book Value$150.87 per share

Profitability

Net Income$870 million

Miscellaneous

Employees3,188
Market Cap$5.59 billion
Next Earnings Date8/3/2020 (Estimated)
OptionableOptionable

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

How has Reinsurance Group of America's stock been impacted by COVID-19 (Coronavirus)?

Reinsurance Group of America's stock was trading at $96.77 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, RGA shares have decreased by 6.2% and is now trading at $90.75. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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 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.

When is Reinsurance Group of America's next earnings date?

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.

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

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

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

Reinsurance Group of America announced 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 annualized dividend and a yield of 3.09%. The ex-dividend date is Wednesday, May 20th. View Reinsurance Group of America's dividend history.

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

Reinsurance Group of America announced that its board has approved a stock repurchase plan on Monday, January 28th 2019, 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 4.3% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

What price target have analysts set for RGA?

8 analysts have issued 12-month target prices for Reinsurance Group of America's stock. Their forecasts range from $97.00 to $175.00. On average, they anticipate Reinsurance Group of America's stock price to reach $126.14 in the next twelve months. This suggests a possible upside of 39.0% from the stock's current price. View analysts' price targets for Reinsurance Group of America.

Has Reinsurance Group of America been receiving favorable news coverage?

News articles about RGA stock have been trending negative on Saturday, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Reinsurance Group of America earned a coverage optimism score of -2.0 on InfoTrie's scale. They also gave media stories about the insurance provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutReinsurance Group of America.

Are investors shorting Reinsurance Group of America?

Reinsurance Group of America saw a decrease in short interest in May. As of May 15th, there was short interest totaling 1,270,000 shares, a decrease 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 presently 1.6 days. Currently, 2.1% of the company's shares are short sold. View Reinsurance Group of America's Current Options Chain.

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

What other stocks do shareholders of Reinsurance Group of America own?

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).

Who are Reinsurance Group of America's key executives?

Reinsurance Group of America's management team includes the following people:
  • Ms. Anna Manning FSA, FCIA, Pres, CEO & Non-Independent Director (Age 60)
  • Mr. Todd Cory Larson, Sr. EVP & CFO (Age 55)
  • Mr. Alain P. Néemeh CPA, CA, Sr. EVP & COO (Age 51)
  • Mr. Timothy Thomas Matson CFA, Exec. VP & Chief Investment Officer (Age 60)
  • Mr. John Patrick Laughlin Jr., Exec. VP of Global Financial Solutions (Age 64)

What is Reinsurance Group of America's stock symbol?

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

Who are Reinsurance Group of America's major shareholders?

Reinsurance Group of America's stock is owned by many different 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.

Which major investors are selling Reinsurance Group of America stock?

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.

Which major investors are buying Reinsurance Group of America stock?

RGA stock was bought 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.

How do I buy shares of 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.

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

One share of RGA stock can currently be purchased for approximately $90.75.

How big of a company is Reinsurance Group of America?

Reinsurance Group of America has a market capitalization of $5.59 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.

What is Reinsurance Group of America's official website?

The official website for Reinsurance Group of America is www.rgare.com.

How can I contact Reinsurance Group of America?

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]

This page was last updated on 5/30/2020 by MarketBeat.com Staff

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