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 reached pandemic status according to the World Health Organization. Since then, RGA shares have decreased by 26.6% and is now trading at $71.0650. 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 Tuesday, August 4th 2020. View our earnings forecast for Reinsurance Group of America.

Reinsurance Group of America will be holding an earnings conference call on Tuesday, August 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Reinsurance Group of America Inc (NYSE:RGA) released its quarterly earnings data 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%. The firm's revenue for the quarter was down 6.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.61 EPS. 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 given a dividend of $0.70 per share on Thursday, June 4th. This represents a $2.80 annualized dividend and a dividend yield of 3.94%. The ex-dividend date of this dividend is Wednesday, May 20th. View Reinsurance Group of America's dividend history.

Reinsurance Group of America declared that its board has authorized a share 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 repurchase up to 4.3% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its shares are undervalued.

8 brokers 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 stock price to reach $112.57 in the next year. This suggests a possible upside of 58.4% from the stock's current price. View analysts' price targets for Reinsurance Group of America.

Media stories about RGA stock have trended somewhat positive on Tuesday, according to InfoTrie Sentiment. InfoTrie rates the sentiment of 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 negative five to positive five, with scores nearest to five being the most favorable. Reinsurance Group of America earned a news impact score of 1.8 on InfoTrie's scale. They also gave news stories about the insurance provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Reinsurance Group of America.

Reinsurance Group of America saw a increase in short interest during 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 daily 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 many different retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.15%), Skyline Asset Management LP (0.12%), Louisiana State Employees Retirement System (0.03%), Wedge Capital Management L L P NC (0.01%), IFM Investors Pty Ltd (0.01%) and Whittier Trust Co. of Nevada Inc. (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 sold by a variety of institutional investors in the last quarter, including IFM Investors Pty Ltd, and Whittier Trust Co. of Nevada 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 purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Fulton Bank N. A., Louisiana State Employees Retirement System, Skyline Asset Management LP, and Wedge Capital Management L L P NC. 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 $71.07.

Reinsurance Group of America has a market capitalization of $4.38 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]