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 stock has decreased by 26.2% and is now trading at $71.42. 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) posted its quarterly earnings data on Tuesday, May, 5th. The insurance provider reported $1.41 EPS for the quarter, missing the Zacks' consensus estimate of $2.63 by $1.22. The insurance provider earned $3.20 billion during the quarter, compared to analyst estimates of $3.57 billion. Reinsurance Group of America had a net margin of 4.35% and a return on equity of 7.19%. 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 earned $2.61 EPS. View Reinsurance Group of America's earnings history.

Reinsurance Group of America announced a quarterly dividend on Tuesday, May 5th. Shareholders 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 yield of 3.92%. The ex-dividend date of this dividend is Wednesday, May 20th. View Reinsurance Group of America's dividend history.

Reinsurance Group of America announced that its board has initiated a share repurchase program on Monday, January 28th 2019, which permits the company to buyback $400,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 4.3% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

8 equities research analysts have issued twelve-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 year. This suggests a possible upside of 57.6% from the stock's current price. View analysts' price targets for Reinsurance Group of America.

News stories about RGA stock have been trending negative this week, InfoTrie Sentiment reports. The research group identifies negative and positive media 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 -5 to 5, with scores nearest to five being the most favorable. Reinsurance Group of America earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave headlines about the insurance provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock'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 days-to-cover ratio is currently 2.6 days. Approximately 3.7% of the company's stock are sold short. 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 institutional and retail investors. Top institutional investors include 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 bought by a variety of institutional investors in the last quarter, including 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 $71.42.

Reinsurance Group of America has a market capitalization of $4.40 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]