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 Coronavirus reached pandemic status according to the World Health Organization. Since then, RGA stock has decreased by 30.1% and is now trading at $67.67. 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) issued its earnings results on Tuesday, May, 5th. The insurance provider reported $1.41 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $2.63 by $1.22. The insurance provider had revenue of $3.20 billion for the quarter, compared to analyst estimates 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 revenue for the quarter was down 6.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.61 EPS. View Reinsurance Group of America's earnings history.

Reinsurance Group of America declared a quarterly dividend on Tuesday, May 5th. Stockholders 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 4.14%. The ex-dividend date 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 share buyback plan on Monday, January 28th 2019, which allows the company to buyback $400,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 4.3% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board believes its stock is undervalued.

8 Wall Street analysts have issued 12 month price targets for Reinsurance Group of America's stock. Their forecasts range from $80.00 to $175.00. On average, they anticipate Reinsurance Group of America's share price to reach $112.57 in the next twelve months. This suggests a possible upside of 66.4% from the stock's current price. View analysts' price targets for Reinsurance Group of America.

Media stories about RGA stock have been trending negative recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Reinsurance Group of America earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned news articles 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 company's share price in the immediate future. View the latest news about Reinsurance Group of America.

Reinsurance Group of America saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 2,260,000 shares, an increase of 85.2% from the June 15th total of 1,220,000 shares. Based on an average trading volume of 886,200 shares, the short-interest ratio is currently 2.6 days. Approximately 3.7% 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 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 shareholders include Envestnet Asset Management Inc. (0.15%), Skyline Asset Management LP (0.12%) and Fulton Bank N. A. (0.01%). 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 purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Fulton Bank N. A., and Skyline Asset Management LP. 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 $67.67.

Reinsurance Group of America has a market capitalization of $4.17 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]