NYSE:RGA - Reinsurance Group of America Stock Price, Price Target & More

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

Reinsurance Group of America declared a quarterly dividend on Friday, April 27th. Stockholders of record on Tuesday, May 8th will be given a dividend of $0.50 per share on Tuesday, May 29th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.45%. The ex-dividend date is Monday, May 7th. View Reinsurance Group of America's Dividend History.

Reinsurance Group of America announced that its board has approved a share repurchase plan on Wednesday, April 12th 2017, which authorizes the company to repurchase $400,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 5% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its shares are undervalued.

Reinsurance Group of America Inc (NYSE:RGA) issued its quarterly earnings results on Thursday, April, 26th. The insurance provider reported $1.61 earnings per share for the quarter, missing the consensus estimate of $2.48 by $0.87. The insurance provider earned $3.17 billion during the quarter, compared to analyst estimates of $3.08 billion. Reinsurance Group of America had a net margin of 14.01% and a return on equity of 8.04%. Reinsurance Group of America's revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.86 earnings per share. View Reinsurance Group of America's Earnings History.

Reinsurance Group of America is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Reinsurance Group of America.

8 analysts have issued 1 year target prices for Reinsurance Group of America's shares. Their forecasts range from $131.00 to $171.00. On average, they expect Reinsurance Group of America's stock price to reach $157.00 in the next year. This suggests a possible upside of 13.7% from the stock's current price. View Analyst Ratings for 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 1 sell rating, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Reinsurance Group of America include SWISS RE Ltd/S (SSREY), AVIVA PLC/ADR (AVVIY), Sun Life Financial (SLF), HANNOVER RUECK/S (HVRRY), Legal & General Group (LGEN), AMP (AMP), Lincoln National (LNC), OLD Mut PLC/ADR (ODMTY), AEGON (AEG), Torchmark (TMK), Athene (ATH), Voya Financial (VOYA), SONY Finl HOLDI/ADR (SNYFY), Scor (SCRYY) and Brighthouse Financial (BHF).

Media coverage about RGA stock has trended somewhat positive this week, according to Accern. The research group rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Reinsurance Group of America earned a media sentiment score of 0.06 on Accern's scale. They also gave press coverage about the insurance provider an impact score of 45.79 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Reinsurance Group of America's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (0.35%), Retirement Systems of Alabama (0.22%), Sit Investment Associates Inc. (0.17%), NN Investment Partners Holdings N.V. (0.11%), Bank of Montreal Can (0.08%) and Denali Advisors LLC (0.08%). 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.

RGA stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., NN Investment Partners Holdings N.V., Bank of Montreal Can, Pendal Group Ltd, Anderson Hoagland & Co., Municipal Employees Retirement System of Michigan, DnB Asset Management AS and Legacy Private Trust Co.. 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, J Cliff Eason, John P Laughlin Jr and William L Hutton. View Insider Buying and Selling for Reinsurance Group of America.

RGA stock was bought by a variety of institutional investors in the last quarter, including Sit Investment Associates Inc., Denali Advisors LLC, KAMES CAPITAL plc, Clinton Group Inc., Fjarde AP Fonden Fourth Swedish National Pension Fund, Retirement Systems of Alabama, Campbell & CO Investment Adviser LLC and State of Alaska Department of Revenue. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of RGA stock can currently be purchased for approximately $138.13.

Reinsurance Group of America has a market capitalization of $8.87 billion and generates $12.52 billion in revenue each year. The insurance provider earns $1.82 billion in net income (profit) each year or $10.84 on an earnings per share basis. Reinsurance Group of America employs 2,640 workers across the globe.

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]