
Reinsurance Group of America, Incorporated (NYSE:RGA – Free Report) – Equities research analysts at DOWLING & PARTN boosted their FY2026 earnings per share (EPS) estimates for Reinsurance Group of America in a report released on Friday, August 7th. DOWLING & PARTN analyst J. Hurwitz now expects that the insurance provider will post earnings per share of $29.60 for the year, up from their previous forecast of $27.30. The consensus estimate for Reinsurance Group of America’s current full-year earnings is $26.84 per share.
Other equities research analysts have also issued research reports about the company. Wells Fargo & Company raised their price target on Reinsurance Group of America from $261.00 to $269.00 and gave the stock an “overweight” rating in a research report on Thursday, July 9th. Piper Sandler decreased their target price on shares of Reinsurance Group of America from $263.00 to $261.00 and set an “overweight” rating for the company in a research report on Monday, May 11th. JPMorgan Chase & Co. raised their price target on Reinsurance Group of America from $286.00 to $293.00 and gave the company an “overweight” rating in a research note on Tuesday. UBS Group raised Reinsurance Group of America from a “hold” rating to a “strong-buy” rating in a report on Friday, July 24th. Finally, Wall Street Zen upgraded shares of Reinsurance Group of America from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $257.11.
Reinsurance Group of America Price Performance
Shares of RGA opened at $244.55 on Wednesday. The stock’s 50-day moving average price is $224.17 and its two-hundred day moving average price is $214.35. The stock has a market cap of $15.97 billion, a P/E ratio of 10.74 and a beta of 0.47. Reinsurance Group of America has a 1 year low of $178.21 and a 1 year high of $248.13. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 0.41.
Reinsurance Group of America (NYSE:RGA – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The insurance provider reported $8.89 EPS for the quarter, topping analysts’ consensus estimates of $6.50 by $2.39. Reinsurance Group of America had a return on equity of 14.78% and a net margin of 5.81%.The firm had revenue of $6.64 billion during the quarter, compared to analyst estimates of $6.67 billion. During the same period last year, the company earned $4.72 earnings per share. The company’s revenue was up 18.5% on a year-over-year basis.
Hedge Funds Weigh In On Reinsurance Group of America
Several hedge funds and other institutional investors have recently bought and sold shares of RGA. Activest Wealth Management acquired a new stake in Reinsurance Group of America during the 4th quarter worth about $30,000. Tobam lifted its stake in shares of Reinsurance Group of America by 244.7% in the 4th quarter. Tobam now owns 162 shares of the insurance provider’s stock valued at $33,000 after purchasing an additional 115 shares during the period. International Assets Investment Management LLC acquired a new position in shares of Reinsurance Group of America in the 4th quarter valued at about $35,000. Advisory Services Network LLC bought a new stake in shares of Reinsurance Group of America during the 3rd quarter valued at about $38,000. Finally, Entrust Financial LLC bought a new stake in shares of Reinsurance Group of America during the 4th quarter valued at about $40,000. Institutional investors and hedge funds own 95.11% of the company’s stock.
Insider Activity at Reinsurance Group of America
In other Reinsurance Group of America news, EVP John W. Hayden sold 414 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $214.95, for a total value of $88,989.30. Following the sale, the executive vice president owned 20,949 shares in the company, valued at $4,502,987.55. This trade represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Ronald Herrmann sold 7,000 shares of the stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $210.58, for a total value of $1,474,060.00. Following the completion of the transaction, the executive vice president owned 3,938 shares of the company’s stock, valued at $829,264.04. This represents a 64.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.60% of the stock is owned by corporate insiders.
Reinsurance Group of America Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 18th will be given a dividend of $0.98 per share. The ex-dividend date is Tuesday, August 18th. This represents a $3.92 dividend on an annualized basis and a yield of 1.6%. This is a positive change from Reinsurance Group of America’s previous quarterly dividend of $0.93. Reinsurance Group of America’s dividend payout ratio is currently 16.34%.
About Reinsurance Group of America
Reinsurance Group of America, Incorporated (NYSE: RGA) is a leading global provider of life and health reinsurance solutions. Headquartered in St. Louis, Missouri, RGA partners with primary insurance companies to help them manage risk, improve capital efficiency and develop innovative products. The company’s offerings span traditional risk transfer, financial solutions and facultative underwriting services, enabling clients to address a wide range of mortality, longevity, morbidity and critical-illness exposures.
RGA’s product suite includes life reinsurance, living benefits reinsurance, structured reinsurance and financial solutions that support product innovation and capital management.
Read More
- Five stocks we like better than Reinsurance Group of America
- Atlassian Just Pulled Off the Software Comeback Wall Street Wanted
- AST SpaceMobile Earnings Just Reminded Investors How Risky Space Can Be
- NVIDIA’s Rally Sets Up a Bigger Test Ahead of Earnings
- Apple’s Next iPhone Could Test How Much Pricing Power Is Left
Receive News & Ratings for Reinsurance Group of America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reinsurance Group of America and related companies with MarketBeat.com's FREE daily email newsletter.
