NYSE:RGA - Reinsurance Group of America Stock Price, News & Analysis

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

Reinsurance Group of America declared a special dividend on Monday, July 29th. Stockholders of record on Thursday, August 8th will be paid a dividend of $0.70 per share on Thursday, August 29th. The ex-dividend date is Wednesday, August 7th. View Reinsurance Group of America's Dividend History.

Reinsurance Group of America declared that its Board of Directors has approved a stock 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 buy 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.

Reinsurance Group of America Inc (NYSE:RGA) posted its quarterly earnings results on Monday, July, 29th. The insurance provider reported $3.31 earnings per share for the quarter, missing analysts' consensus estimates of $3.37 by $0.06. The insurance provider earned $3.36 billion during the quarter, compared to analyst estimates of $3.44 billion. Reinsurance Group of America had a net margin of 5.85% and a return on equity of 9.19%. During the same period in the previous year, the company earned $3.10 EPS. View Reinsurance Group of America's Earnings History.

Reinsurance Group of America is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Reinsurance Group of America.

3 equities research analysts have issued 1-year target prices for Reinsurance Group of America's stock. Their forecasts range from $144.00 to $170.00. On average, they anticipate Reinsurance Group of America's share price to reach $154.00 in the next year. This suggests a possible upside of 4.6% from the stock's current price. View Analyst Price Targets for Reinsurance Group of America.

3 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, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Reinsurance Group of America.

Headlines about RGA stock have trended positive this week, according to InfoTrie. The research firm ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Reinsurance Group of America earned a news impact score of 2.5 on InfoTrie's scale. They also gave press coverage about the insurance provider a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock's share price in the near term. View News Stories for Reinsurance Group of America.

Reinsurance Group of America saw a decline in short interest in the month of July. As of July 15th, there was short interest totalling 637,900 shares, a decline of 10.6% from the June 15th total of 713,300 shares. Based on an average daily volume of 260,300 shares, the days-to-cover ratio is presently 2.5 days. Currently, 1.0% of the shares of the stock are short sold. View Reinsurance Group of America's Current Options Chain.

Some companies that are related to Reinsurance Group of America include SWISS RE LTD/S (SSREY), Manulife Financial (MFC), Prudential Financial (PRU), Sun Life Financial (SLF), HANNOVER RUECK/S (HVRRY), AVIVA PLC/ADR (AVVIY), Legal & General Group (LGEN), Lincoln National (LNC), AEGON (AEG), SONY FINL HOLDI/ADR (SNYFY), Torchmark (TMK), Globe Life (GL), Scor (SCRYY), Athene (ATH) and Voya Financial (VOYA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Reinsurance Group of America investors own include Third Point Reinsurance (TPRE), Procter & Gamble (PG), Target (TGT), UnitedHealth Group (UNH), General Electric (GE), Johnson & Johnson (JNJ), Medtronic (MDT), Walmart (WMT), Brighthouse Financial (BHF) and AFLAC (AFL).

Reinsurance Group of America's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.60%), BlackRock Inc. (9.60%), Vanguard Group Inc. (9.49%), AQR Capital Management LLC (1.95%), Caisse DE Depot ET Placement DU Quebec (1.90%) and Earnest Partners LLC (1.66%). Company insiders that own Reinsurance Group of America stock include Alain Neemeh, Alan C Henderson, Anna Manning, Arnoud WA Boot, Christine Rose Detrick, J Cliff Eason, John J Gauthier, John P Laughlin Jr, John W Hayden, Timothy T Matson and Todd C Larson. View Institutional Ownership Trends for Reinsurance Group of America.

RGA stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Strs Ohio, BNP Paribas Arbitrage SA, AQR Capital Management LLC, Prudential Financial Inc., Bank of New York Mellon Corp, MUFG Securities EMEA plc and BlackRock Inc.. Company insiders that have sold Reinsurance Group of America company stock in the last year include Alain Neemeh, Alan C Henderson, Anna Manning, Arnoud WA Boot, John P Laughlin Jr, John W Hayden and Todd C Larson. View Insider Buying and Selling for Reinsurance Group of America.

RGA stock was acquired by a variety of institutional investors in the last quarter, including Nuance Investments LLC, Nuveen Asset Management LLC, JPMorgan Chase & Co., Bank of Montreal Can, Invesco Ltd., Waddell & Reed Financial Inc., California Public Employees Retirement System and Acadian Asset Management LLC. Company insiders that have bought Reinsurance Group of America stock in the last two years include John J Gauthier and Timothy T Matson. 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 $147.28.

Reinsurance Group of America has a market capitalization of $9.24 billion and generates $12.88 billion in revenue each year. The insurance provider earns $715.84 million in net income (profit) each year or $12.12 on an earnings per share basis. Reinsurance Group of America employs 2,767 workers across the globe.View Additional Information About Reinsurance Group of America.

The official website for Reinsurance Group of America is http://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]