About Reinsurance Group of America (NYSE:RGA)
Reinsurance 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
Trailing P/E Ratio5.52164701358117
Forward P/E Ratio12.24
Sales & Book Value
Annual Sales$12.52 billion
Price / Sales0.79
Cash Flow$9.71 per share
Price / Cash15.77
Book Value$148.48 per share
Price / Book1.03
Net Income$1.82 billion
Return on Equity8.62%
Return on Assets1.23%
Reinsurance Group of America (NYSE:RGA) Frequently Asked Questions
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."
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 Monday, January 29th. Investors of record on Thursday, February 8th will be given a dividend of $0.50 per share on Thursday, March 1st. This represents a $2.00 annualized dividend and a yield of 1.31%. The ex-dividend date of this dividend is Wednesday, February 7th. 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 of Directors has authorized a stock buyback program on Wednesday, April 12th 2017, which authorizes the company to buyback $400,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 5% of its shares through open market purchases. Shares buyback programs are often an indication that the company's leadership believes its shares are undervalued.
How were Reinsurance Group of America's earnings last quarter?
Reinsurance Group of America Inc (NYSE:RGA) posted its earnings results on Monday, January, 29th. The insurance provider reported $2.60 EPS for the quarter, missing the Zacks' consensus estimate of $2.84 by $0.24. The insurance provider earned $3.23 billion during the quarter, compared to analyst estimates of $3.22 billion. Reinsurance Group of America had a net margin of 14.56% and a return on equity of 8.62%. Reinsurance Group of America's quarterly revenue was up 5.3% compared to the same quarter last year. During the same period last year, the firm posted $2.92 EPS. View Reinsurance Group of America's Earnings History.
When will Reinsurance Group of America make its next earnings announcement?
Where is Reinsurance Group of America's stock going? Where will Reinsurance Group of America's stock price be in 2018?
6 Wall Street analysts have issued 1-year price targets for Reinsurance Group of America's stock. Their predictions range from $77.00 to $171.00. On average, they anticipate Reinsurance Group of America's share price to reach $146.50 in the next year. View Analyst Ratings for Reinsurance Group of America.
What are Wall Street analysts saying about Reinsurance Group of America stock?
Here are some recent quotes from research analysts about Reinsurance Group of America stock:
- 1. According to Zacks Investment Research, "Shares of Reinsurance Group have outperformed the industry in a year's time. The stock has also seen its 2018 and 2019 estimates moving north in the last 60 days. 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. It expects operating income per share to grow 58% 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." (3/20/2018)
- 2. Wells Fargo analysts commented, "We think shares will react favorably to the beat and strong underlying trends. The war chest is still there; RGA is ready to take advantage of the Great Restructuring. After accounting for $27 million of share repurchase and a number of small in-force transactions, excess capital stood at $1.0 billion at September 30, same as at June 30. We think the life and annuity industry has entered a phase of rationalization where companies increasingly concentrate on product lines where they have competitive advantages and are able to deploy capital at highest returns." (10/26/2017)
Who are some of Reinsurance Group of America's key competitors?
Some companies that are related to Reinsurance Group of America include Hartford Financial Services Group (HIG), Loews (L), Lincoln National (LNC), Hannover Rueck (HVRRY), Markel (MKL), XL Group (XL), CNA Financial (CNA), AEGON (AEG), Fairfax Financial (FRFHF), Arthur J Gallagher & Co (AJG), Cincinnati Financial (CINF), Arch Capital Group (ACGL), FNF Group of Fidelity National Financial (FNF), Unum Group (UNM), Ageas (AGESY), Everest Re Group (RE), American Financial Group (AFG) and Athene (ATH).
Who are Reinsurance Group of America's key executives?
Reinsurance Group of America's management team includes the folowing people:
- J. Cliff Eason, Independent Chairman of the Board (Age 69)
- Anna Manning, President, Chief Executive Officer, Director (Age 58)
- Todd C. Larson, Chief Financial Officer, Senior Executive Vice President (Age 53)
- Alain P. Neemeh, Chief Operating Officer, Senior Executive Vice President (Age 49)
- Timothy Matson, Executive Vice President, Chief Investment Officer (Age 58)
- William L. Hutton, Executive Vice President, General Counsel, Secretary (Age 57)
- John P. Laughlin, Executive Vice President of Global Financial Solutions (Age 62)
- Jonathan Porter, Executive Vice President and Global Chief Risk Officer (Age 46)
- John W. Hayden, Senior Vice President, Controller (Age 50)
- Arnoud W. A. Boot, Independent Director (Age 57)
Has Reinsurance Group of America been receiving favorable news coverage?
Media stories about RGA stock have been trending somewhat positive on Friday, according to Accern Sentiment Analysis. The research firm rates the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Reinsurance Group of America earned a daily sentiment score of 0.21 on Accern's scale. They also gave news coverage about the insurance provider an impact score of 46.18 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
Who are Reinsurance Group of America's major shareholders?
Reinsurance Group of America's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.16%), Boston Partners (3.28%), Goldman Sachs Group Inc. (1.99%), Caisse DE Depot ET Placement DU Quebec (1.82%), LSV Asset Management (1.72%) and Bank of New York Mellon Corp (1.70%). Company insiders that own Reinsurance Group of America 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.
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 American Century Companies Inc., Boston Partners, Schroder Investment Management Group, Victory Capital Management Inc., Vaughan Nelson Investment Management L.P., Guggenheim Capital LLC, Metropolitan Life Insurance Co. NY and Earnest Partners LLC. Company insiders that have sold Reinsurance Group of America company stock in the last year include Alain Neemeh, Alan C Henderson, Arnoud WA Boot, Christine Rose Detrick, John P Laughlin Jr and William L Hutton. View Insider Buying and Selling for Reinsurance Group of America.
Which major investors are buying Reinsurance Group of America stock?
RGA stock was acquired by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Assenagon Asset Management S.A., LSV Asset Management, Goldman Sachs Group Inc., Alliancebernstein L.P., Investec Asset Management LTD, Zurcher Kantonalbank Zurich Cantonalbank and Millennium Management LLC. View Insider Buying and Selling 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, Scottrade, 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 $153.06.
How big of a company is Reinsurance Group of America?
Reinsurance Group of America has a market capitalization of $10.42 billion and generates $12.52 billion in revenue each year. The insurance provider earns $1.82 billion in net income (profit) each year or $27.72 on an earnings per share basis. Reinsurance Group of America employs 2,640 workers across the globe.
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]
MarketBeat Community Rating for Reinsurance Group of America (RGA)MarketBeat's community ratings are surveys of what our community members think about Reinsurance Group of America 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.
Reinsurance Group of America (NYSE:RGA) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Hold|
|Consensus Rating Score: ||2.33||2.33||2.29||2.11|
|Ratings Breakdown: ||0 Sell Rating(s)|
4 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
4 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
5 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
8 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$146.50||$146.50||$138.86||$122.00|
|Price Target Upside: ||4.29% downside||8.43% downside||13.69% downside||13.59% downside|
Reinsurance Group of America (NYSE:RGA) Consensus Price Target History
Reinsurance Group of America (NYSE:RGA) Analyst Ratings History
(Data available from 3/23/2016 forward)
Reinsurance Group of America (NYSE:RGA) Earnings History and Estimates Chart
Reinsurance Group of America (NYSE RGA) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|1/29/2018||Q4 2017||$2.84||$2.60||$3.22 billion||$3.23 billion||View||Listen|
|10/26/2017||Q3 2017||$2.62||$3.44||$3.08 billion||$3.15 billion||View||N/A|
|7/27/2017||Q2 2017||$2.44||$2.95||$3.00 billion||$3.13 billion||View||N/A|
|4/27/2017||Q1 2017||$2.11||$1.86||$2.86 billion||$3.01 billion||View||N/A|
|1/30/2017||Q416||$2.52||$2.63||$2.89 billion||$3.07 billion||View||Listen|
|10/26/2016||Q316||$2.38||$2.46||$2.79 billion||$2.90 billion||View||Listen|
|7/28/2016||Q216||$2.29||$2.80||$2.71 billion||$3.04 billion||View||Listen|
|4/28/2016||Q116||$1.95||$1.85||$2.63 billion||$2.51 billion||View||Listen|
|1/28/2016||Q415||$2.57||$2.84||$2.65 billion||$2.83 billion||View||Listen|
|10/29/2015||Q315||$2.24||$1.90||$2.67 billion||$2.44 billion||View||Listen|
|7/23/2015||Q215||$2.18||$1.94||$2.60 billion||$2.63 billion||View||Listen|
|4/23/2015||Q115||$1.84||$1.77||$2.62 billion||$2.52 billion||View||Listen|
|2/2/2015||Q414||$2.13||$2.44||$2.87 billion||$2.70 billion||View||Listen|
|10/27/2014||Q314||$2.07||$2.31||$2.65 billion||$2.72 billion||View||Listen|
|7/24/2014||Q214||$1.97||$2.23||$2.86 billion||$2.71 billion||View||Listen|
|4/24/2014||Q114||$1.73||$1.61||$2.53 billion||$2.66 billion||View||Listen|
|1/31/2014||Q413||$1.97||$2.17||$2.72 billion||$2.74 billion||View||Listen|
|10/29/2013||Q313||$1.84||$1.93||$2.45 billion||$2.47 billion||View||Listen|
|7/18/2013||Q2 2013||$1.83||($0.99)||$2.48 billion||$2.00 billion||View||Listen|
|4/25/2013||Q1 2013||$1.61||$1.65||$2.40 billion||$2.60 billion||View||Listen|
|1/31/2013||Q4 2012||$1.79||$2.44||$2.59 billion||$2.18 billion||View||Listen|
Reinsurance Group of America (NYSE:RGA) Earnings Estimates
Current Year EPS Consensus Estimate: $12.5 EPS
Next Year EPS Consensus Estimate: $13.41 EPS
Reinsurance Group of America (NYSE:RGA) Dividend Information
|Most Recent Dividend:||3/1/2018|
|Dividend Growth:||13.00% (3 Year Average)|
|Payout Ratio:||7.22% (Trailing 12 Months of Earnings) |
16.00% (Based on This Year's Estimates)
14.91% (Based on Next Year's Estimates)
|Track Record:||7 Years of Consecutive Dividend Growth|
Reinsurance Group of America (NYSE:RGA) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Reinsurance Group of America (NYSE RGA) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.47%
Institutional Ownership Percentage: 93.38%
Reinsurance Group of America (NYSE RGA) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|2/16/2018||Arnoud W.A. Boot||Director||Sell||400||$155.26||$62,104.00||6,357|| |
|2/8/2018||Alan C Henderson||Director||Sell||556||$148.84||$82,755.04||19,862|| |
|12/26/2017||John P Laughlin Jr||EVP||Sell||500||$155.60||$77,800.00||26,777|| |
|11/6/2017||John P Laughlin Jr||EVP||Sell||1,000||$149.96||$149,960.00||27,277|| |
|10/31/2017||Christine Rose Detrick||Director||Sell||659||$149.50||$98,520.50||4,023|| |
|8/15/2017||John P Laughlin Jr||EVP||Sell||1,941||$140.77||$273,234.57||28,218|| |
|8/14/2017||Alan C Henderson||Director||Sell||440||$139.87||$61,542.80||20,418|| |
|8/7/2017||Alain Neemeh||EVP||Sell||7,500||$139.69||$1,047,675.00||43,292|| |
|8/3/2017||William L Hutton||EVP||Sell||4,339||$140.42||$609,282.38||18,624|| |
|8/1/2017||Christine Rose Detrick||Director||Sell||750||$139.50||$104,625.00||4,682|| |
|6/21/2017||Timothy T Matson||EVP||Buy||500||$127.39||$63,695.00||2,430|| |
|5/2/2017||Christine Rose Detrick||Director||Sell||500||$127.00||$63,500.00||5,432|| |
|3/3/2017||J Cliff Eason||Director||Sell||1,854||$129.62||$240,315.48||13,700|| |
|2/16/2017||Todd C Larson||CFO||Sell||2,964||$128.76||$381,644.64||27,136|| |
|2/7/2017||Arnoud W.A. Boot||Director||Sell||1,000||$127.19||$127,190.00||6,000|| |
|11/1/2016||Alain Neemeh||EVP||Sell||5,705||$107.66||$614,200.30||40,829|| |
|8/29/2016||John W Hayden||SVP||Sell||1,988||$105.42||$209,574.96||8,074|| |
|8/26/2016||Anna Manning||President||Sell||2,015||$105.22||$212,018.30||9,707|| |
|8/5/2016||A Greig Woodring||CEO||Sell||31,058||$100.62||$3,125,055.96||208,353|| |
|8/5/2016||Todd C Larson||CFO||Sell||2,355||$100.73||$237,219.15||24,955|| |
|5/11/2016||Arnoud W.A. Boot||Director||Sell||625||$96.00||$60,000.00||7,000|| |
|2/22/2016||Alan C Henderson||Director||Sell||1,000||$90.28||$90,280.00||20,858|| |
|2/10/2016||Arnoud W.A. Boot||Director||Sell||900||$86.00||$77,400.00||6,062|| |
|8/14/2015||A Greig Woodring||CEO||Sell||37,911||$97.04||$3,678,883.44|| |
|5/14/2015||Todd C Larson||EVP||Sell||1,483||$93.43||$138,556.69|| |
|5/7/2015||Jack B Lay||CFO||Sell||49,439||$92.42||$4,569,152.38|| |
|2/27/2015||William L Hutton||EVP||Sell||7,125||$89.80||$639,825.00|| |
|2/24/2015||Todd C Larson||EVP||Sell||7,056||$90.00||$635,040.00|| |
|11/26/2014||Alain Neemeh||VP||Sell||16,322||$86.07||$1,404,834.54|| |
|10/31/2014||Paul A Schuster||EVP||Sell||27,620||$83.84||$2,315,660.80|| |
|10/30/2014||Alan C Henderson||Director||Sell||1,000||$83.00||$83,000.00|| |
|8/26/2014||A Greig Woodring||CEO||Sell||20,000||$82.64||$1,652,800.00|| |
|8/26/2014||Alain Neemeh||VP||Sell||3,439||$82.52||$283,786.28|| |
|8/19/2014||Todd C Larson||EVP||Sell||3,949||$81.57||$322,119.93|| |
|5/23/2014||Paul A Schuster||EVP||Sell||1,948||$77.60||$151,164.80|| |
|2/28/2014||John Laughlin, Jr.||EVP||Sell||1,000||$75.76||$75,760.00||20,185|| |
|2/18/2014||A Greig Woodring||CEO||Sell||29,492||$74.63||$2,200,987.96||159,519|| |
|2/10/2014||Todd Larson||EVP||Sell||3,476||$72.25||$251,141.00||20,101|| |
|2/5/2014||Arnoud W.A. Boot||Director||Sell||3,100||$71.34||$221,154.00||4,475|| |
|11/21/2013||Jack Lay||CFO||Sell||36,854||$74.47||$2,744,517.38||35,108|| |
|8/19/2013||Bryant Allan O||EVP||Buy||6,500||$65.09||$423,085.00||6,500|| |
|5/16/2013||Paul A Schuster||EVP||Sell||6,500||$63.97||$415,805.00|| |
|5/15/2013||Alain Neemeh||VP||Sell||2,500||$64.00||$160,000.00|| |
|5/15/2013||Todd C Larson||EVP||Sell||3,000||$63.70||$191,100.00|| |
|5/8/2013||William L Hutton||EVP||Sell||4,158||$64.27||$267,234.66|| |
|4/30/2013||A Greig Woodring||CEO||Sell||34,335||$61.97||$2,127,739.95|| |
|4/30/2013||Alain Neemeh||VP||Sell||11,760||$62.33||$733,000.80|| |
|2/5/2013||Todd C Larson||EVP||Sell||2,035||$57.92||$117,867.20|| |
Reinsurance Group of America (NYSE RGA) News Headlines
Reinsurance Group of America (NYSE:RGA) SEC Filings
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Reinsurance Group of America (NYSE:RGA) Income Statement, Balance Sheet and Cash Flow Statement
Reinsurance Group of America (NYSE RGA) Stock Chart for Friday, March, 23, 2018