Reinsurance Group of America (RGA)

NYSE
Currency in USD
222.98
-0.88(-0.39%)
Closed
After Hours
222.02-0.96(-0.43%)
RGA Scorecard
Full Analysis
Has raised its dividend for 15 consecutive years
Fair Value
Day's Range
222.73225.58
52 wk Range
163.81233.81
Key Statistics
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Prev. Close
223.86
Open
224.72
Day's Range
222.73-225.58
52 wk Range
163.81-233.81
Volume
243.93K
Average Volume (3m)
382.93K
1-Year Change
32.48%
Book Value / Share
168.96
Fair Value
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Fair Value Upside
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RGA Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
255.25
Upside
+14.47%
Members' Sentiments
Bearish
Bullish
ProTips
5 analysts have revised their earnings upwards for the upcoming period
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Reinsurance Group of America Company Profile

Reinsurance Group of America, Incorporated engages in reinsurance business. The company offers individual and group life and health insurance products, such as term life, credit life, universal life, whole life, group life and health, joint and last survivor insurance, critical illness, disability, and longevity products; asset-intensive and financial reinsurance products; and other capital motivated solutions. It also provides reinsurance for mortality, morbidity, lapse, and investment-related risk associated with products; and reinsurance for investment-related risks. In addition, the company develops and markets technology solutions; and provides consulting and outsourcing solutions for the insurance and reinsurance industries. It operates in the United States, Latin America, Canada, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1973 and is headquartered in Chesterfield, Missouri.

Industry
Insurance
Sector
Financial
Employees
3900

Reinsurance Group of America SWOT Analysis


Global Growth Engine
Explore RGA's international expansion strategy, particularly in Asia, driving premium growth and diversifying revenue streams in the evolving insurance market
Financial Resilience
RGA's robust balance sheet and conservative investment approach provide a solid foundation for growth, with analysts projecting EPS of $20.62 for fiscal year 2024
Strategic Capital
Learn how RGA's evaluation of excess capital could lead to shareholder value enhancement through potential buybacks, increased dividends, or strategic acquisitions
Market Positioning
Delve into RGA's competitive advantages in Pension Risk Transfer and longevity business, with analyst price targets ranging from $227 to $283 per share
Read full SWOT analysis

Reinsurance Group of America Earnings Call Summary for Q3/2024

  • Record Q3 results: Adjusted operating EPS at $6.13, ROE at 15.5%, capital deployment up 50% to $1.4B
  • Strong growth in Asia (Korea, China, Hong Kong) and U.S. Traditional segment; premiums up 6.7% in U.S.
  • Book value per share rose to $151.79; in-force business margins up 13.9% YTD to $37.6B
  • Anticipated recapture of retroceded business to generate $1.5B long-term value, despite initial $136M income impact
  • Management optimistic about Q4 2024 and beyond, citing strategic plans and growth opportunities, especially in Asia
Last Updated: 11/02/2024, 03:48 AM
Read Full Transcript

Compare RGA to Peers and Sector

Metrics to compare
RGA
Peers
Sector
Relationship
P/E Ratio
20.2x6.2x8.9x
PEG Ratio
−0.690.010.03
Price/Book
1.3x1.3x1.0x
Price / LTM Sales
0.7x1.1x2.8x
Upside (Analyst Target)
13.0%11.3%14.5%
Fair Value Upside
Unlock7.5%2.5%Unlock

Analyst Ratings

9 Buy
3 Hold
0 Sell
Ratings:
12 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 255.25

(+14.47% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 10.97
Dividend Yield
1.59%
Industry Median 2.44%
Annualized payout
3.5600
Paid quarterly
5-Years Growth
+6.59%
Growth Streak

Earnings

Latest Release
Oct 31, 2024
EPS / Forecast
6.13 / 5.30
Revenue / Forecast
5.65B / 5.29B
EPS Revisions
Last 90 days

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FAQ

What Is the Reinsurance of America (RGA) Stock Price Today?

The Reinsurance of America stock price today is 222.98

What Stock Exchange Does Reinsurance of America Trade On?

Reinsurance of America is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Reinsurance of America?

The stock symbol for Reinsurance of America is "RGA."

Does Reinsurance of America Pay Dividends? What’s The Current Dividend Yield?

The Reinsurance of America dividend yield is 1.60%.

What Is the Reinsurance of America Market Cap?

As of today, Reinsurance of America market cap is 14.69B.

What is Reinsurance of America Earnings Per Share?

The Reinsurance of America EPS is 10.97.

What Is the Next Reinsurance of America Earnings Date?

Reinsurance of America will release its next earnings report on Feb 05, 2025.

From a Technical Analysis Perspective, Is RGA a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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