RGA - Reinsurance Group of America, Incorporated

NYSE - NYSE Delayed Price. Currency in USD
70.31
+2.75 (+4.07%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Bullishpattern detected
Inside Bar (Bullish)

Inside Bar (Bullish)

Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close67.56
Open67.59
Bid55.00 x 1000
Ask0.00 x 1000
Day's Range67.47 - 71.27
52 Week Range55.39 - 169.26
Volume870,644
Avg. Volume847,407
Market Cap4.834B
Beta (5Y Monthly)1.12
PE Ratio (TTM)7.27
EPS (TTM)9.67
Earnings DateOct 23, 2019 - Oct 28, 2019
Forward Dividend & Yield2.80 (3.98%)
Ex-Dividend DateMay 20, 2020
1y Target Est100.40
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Near Fair Value
-3% Est. Return
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • Should Value Investors Buy Reinsurance Group of America (RGA) Stock?
    Insider Monkey

    Should Value Investors Buy Reinsurance Group of America (RGA) Stock?

    Oakmark Funds recently released its second-quarter investor letter – a copy of which is available for download here. In their recent letter to investors, Oakmark Funds announced that OAKMX portfolio returned 23.0% in the second quarter, as compared to 20.5% of the S&P 500 Index. You should check out Oakmark Funds top 5 stock picks […]

  • Reinsurance Group of America Announces Second Quarter Earnings Release Date, Webcast
    Business Wire

    Reinsurance Group of America Announces Second Quarter Earnings Release Date, Webcast

    Reinsurance Group of America, Incorporated (NYSE:RGA) plans to release second quarter earnings on Tuesday, August 4, at approximately 4:15 p.m. Eastern Time. The release will be issued via newswire and will also be available through RGA’s website, www.rgare.com.

  • Reinsurance Group to Divest Dutch Life Insurance Company
    Zacks

    Reinsurance Group to Divest Dutch Life Insurance Company

    Reinsurance Group's (RGA) divestment of Leidsche will be in the best interest and will enable Leidsche to execute its long-term growth strategy in the protection market.

  • De Goudse to Purchase Leidsche From Reinsurance Group of America
    Business Wire

    De Goudse to Purchase Leidsche From Reinsurance Group of America

    Reinsurance Group of America, Incorporated (NYSE: RGA) (RGA) today announced that it has agreed to sell its Dutch life insurance company, Leidsche Verzekering Maatschappij N.V. (Leidsche), to De Goudse N.V. (De Goudse). Leidsche has liabilities of approximately $0.5bn at year end 2019.

  • 5 Undervalued Stocks With Predictable Businesses
    GuruFocus.com

    5 Undervalued Stocks With Predictable Businesses

    Halliburton makes the list Continue reading...

  • This fund manager whose biggest short was Wirecard says he is the most bullish toward stocks since 2009
    MarketWatch

    This fund manager whose biggest short was Wirecard says he is the most bullish toward stocks since 2009

    The concerns over German payrolls processor Wirecard (DE:WDI) didn’t just develop overnight, or even after the Financial Times in October alleged subsidiaries were inflating profit and sales. “We’ve been short Wirecard, on and off, for years,” said Barry Norris, manager of the FP Argonaut Absolute Return Fund, who told MarketWatch the stock was his biggest short position heading into Thursday’s revelation it was missing €1.9 billion in cash. As to why Ernst & Young didn’t catch the missing cash earlier, Norris said auditors often rely on the word of the auditors of the subsidiaries.

  • Reinsurance Group of America Receives Certification for Binding Corporate Rules
    Business Wire

    Reinsurance Group of America Receives Certification for Binding Corporate Rules

    Reinsurance Group of America, Incorporated (NYSE: RGA) today announced that the Irish Data Protection Commission (DPC) recently approved its Controller and Processor Global Binding Corporate Rules (BCRs). RGA is the first reinsurer to receive BCR approval as both a controller and processor of data since the General Data Protection Regulation (GDPR) went into effect in 2018.

  • Reinsurance Group Down 46% YTD: What's Behind the Drop?
    Zacks

    Reinsurance Group Down 46% YTD: What's Behind the Drop?

    Reinsurance Group (RGA) continues to grapple with elevated costs and lower interest rates, which are impacting its share price negatively.

  • Hedge Funds Have Never Been This Bullish On Reinsurance Group of America Inc (RGA)
    Insider Monkey

    Hedge Funds Have Never Been This Bullish On Reinsurance Group of America Inc (RGA)

    The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]

  • AM Best Assigns Issue Credit Rating to Reinsurance Group of America, Incorporated’s Senior Unsecured Notes
    Business Wire

    AM Best Assigns Issue Credit Rating to Reinsurance Group of America, Incorporated’s Senior Unsecured Notes

    AM Best has assigned a Long-Term Issue Credit Rating of "a-" to the $600 million 3.15% senior unsecured notes due June 15, 2030, issued by Reinsurance Group of America, Incorporated (RGA) (Chesterfield, MO) [NYSE: RGA]. The outlook assigned to this Credit Rating (rating) is stable.

  • Reinsurance Group Offers $600 Million Senior Unsecured Notes
    Zacks

    Reinsurance Group Offers $600 Million Senior Unsecured Notes

    Reinsurance Group (RGA) displays prudence by issuing senior notes amid a low interest rate environment to procure funds.

  • Reinsurance Group of America Announces Pricing of Senior Notes
    Business Wire

    Reinsurance Group of America Announces Pricing of Senior Notes

    Reinsurance Group of America, Incorporated (NYSE: RGA) announced today that it has priced an aggregate principal amount of $600 million of 3.150 percent senior notes due 2030 pursuant to a public offering. RGA expects to use the net proceeds from the offering to repay upon maturity our $400 million 5.00% senior notes that mature on June 1, 2021, and the remainder for general corporate purposes.

  • Why Is Reinsurance Group (RGA) Down 0.5% Since Last Earnings Report?
    Zacks

    Why Is Reinsurance Group (RGA) Down 0.5% Since Last Earnings Report?

    Reinsurance Group (RGA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Reinsurance Group (RGA) Prices $500 Million Share Offering
    Zacks

    Reinsurance Group (RGA) Prices $500 Million Share Offering

    Reinsurance Group (RGA) discloses pricing of $500 million shares at $81.00 per share.

  • Reinsurance Group of America Announces Pricing of Common Stock Offering
    Business Wire

    Reinsurance Group of America Announces Pricing of Common Stock Offering

    Reinsurance Group of America, Incorporated (NYSE: RGA) announced today that it has priced its previously announced underwritten public offering of 6,172,840 shares of RGA’s common stock, par value $0.01 per share (the "Common Stock"), at a public offering price of $81.00 per share. RGA expects to use the net proceeds from the offering for general corporate purposes. RGA has granted the underwriters a 30-day option to purchase up to 925,926 additional shares of the Common Stock at the public offering price less an underwriting discount. The offering is expected to close June 5, 2020, subject to customary closing conditions.

  • At US$94.38, Is Reinsurance Group of America, Incorporated (NYSE:RGA) Worth Looking At Closely?
    Simply Wall St.

    At US$94.38, Is Reinsurance Group of America, Incorporated (NYSE:RGA) Worth Looking At Closely?

    Reinsurance Group of America, Incorporated (NYSE:RGA), which is in the insurance business, and is based in United...

  • Causeway's Sarah Ketterer Slashes Holdings of Oil Stocks, Buys Bottling Company
    GuruFocus.com

    Causeway's Sarah Ketterer Slashes Holdings of Oil Stocks, Buys Bottling Company

    Guru releases 1st-quarter portfolio Continue reading...

  • Reinsurance Group of America (RGA) Q1 2020 Earnings Call Transcript
    Motley Fool

    Reinsurance Group of America (RGA) Q1 2020 Earnings Call Transcript

    RGA earnings call for the period ending March 31, 2020.

  • Thomson Reuters StreetEvents

    Edited Transcript of RGA earnings conference call or presentation 6-May-20 1:00pm GMT

    Q1 2020 Reinsurance Group of America Inc Earnings Call

  • Reinsurance Group (RGA) Q1 Earnings Miss, Revenues Up Y/Y
    Zacks

    Reinsurance Group (RGA) Q1 Earnings Miss, Revenues Up Y/Y

    Reinsurance Group's (RGA) first-quarter 2020 results were impacted by slower growth in Asia and high costs, partially offset by higher revenues owing to improved premiums.

  • Reinsurance Group of America Reports First Quarter Results
    Business Wire

    Reinsurance Group of America Reports First Quarter Results

    Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global provider of life reinsurance, reported a first quarter net loss of $88 million, or $1.41 per diluted share, compared with net income of $170 million, or $2.65 per diluted share, in the prior-year quarter. Adjusted operating income* totaled $89 million, or $1.41 per diluted share, compared with $167 million, or $2.61 per diluted share, the year before. Net foreign currency fluctuations had a favorable effect of $0.05 per diluted share on net income and an adverse effect of $0.01 per diluted share on adjusted operating income as compared with the prior year.

  • Business Wire

    RGA Foundation Commits $1.5 Million to Support COVID-19 Response

    Reinsurance Group of America, Incorporated (NYSE: RGA) today announced that the RGA Foundation will donate $1.5 million to help support COVID-19 relief efforts. Through the RGA Foundation, a non-profit foundation formed in 2016, RGA is distributing funds to organizations around the world committed to addressing the needs of individuals and communities impacted by the COVID-19 pandemic.

  • Reinsurance Group of America Revises Time for First Quarter Earnings Conference Call, Webcast
    Business Wire

    Reinsurance Group of America Revises Time for First Quarter Earnings Conference Call, Webcast

    Reinsurance Group of America, Incorporated (NYSE:RGA) is revising the time of its conference call and webcast to discuss first quarter results from 11 a.m. Eastern Time to 9 a.m. Eastern Time on Wednesday, May 6. Interested parties may access the call by dialing 1-800-458-4121 (323-794-2423, international). The access code is 4450118. Participants are asked to call the assigned number approximately 10 minutes before the conference call begins. A live audio webcast of that conference call will be available on the Investors page of RGA’s website, www.rgare.com. A replay of the conference call will be available at the same address for 90 days following the conference call.

  • Is Reinsurance Group of America, Incorporated (NYSE:RGA) Overpaying Its CEO?
    Simply Wall St.

    Is Reinsurance Group of America, Incorporated (NYSE:RGA) Overpaying Its CEO?

    Anna Manning became the CEO of Reinsurance Group of America, Incorporated (NYSE:RGA) in 2017. This analysis aims first...

  • JPMorgan: 3 Stocks That Could Climb Over 35%
    TipRanks

    JPMorgan: 3 Stocks That Could Climb Over 35%

    Last week saw the strongest stock market gains in 46 years, as a bear market rally sparked a surge of opportunistic buying and investor confidence. Investors appear to have gotten used to the idea that times are bad right now; the shock has worn off, and traders are willing to buy again despite heightened risk.In a technical analysis report on recent trading, a JPMorgan team led by Jason Hunter, advised, “Key tactical support rests at 2350-2386. Breaks below would open the door for a more substantial retest of the Mar low. If that unfolds, we expect support in the 2100s to hold. We believe that area marks a floor for the market this quarter. Look for 2750-2850 area to cap rallies over that period.”In the meantime, investors will be looking for stocks to buy and JPMorgan analyst Jimmy Bhullar has tagged three as potentially strong investments. Each offers buyers a reliable dividend with at least 2.5% yield, and, in Bhullar’s view, at least 30% upside in the coming year. We’ve opened up the TipRanks database, and pulled up the details on Bhullar’s stock picks.Reinsurance Group of America (RGA)First on our list is a $6.75 billion mid-cap player in the insurance industry. Reinsurance Group of America is a holding company, whose subsidiaries hold assets worth more than $76 billion and underwrite some $3.5 trillion worth of life insurance. The company’s offered policies, in life and health-related reinsurance, allow customers to manage both risk and capital.Insurance is a cash-rich niche, and RGA brought in $14.3 billion in total revenue last year, realizing a net income of $870 million. This came out to $13.62 per share, a high figure by any measure. The company’s solid financials allow it to maintain its 70-cent quarterly dividend, a payment that has held steady for the last three quarter and been raised three times in the last three years. RGA has a 20-year history of keeping up its dividend; the rock-solid reliability – common among insurance giants – makes up for the small yield of 2.5%. Even at that low level, the dividend yield still outpaces the S&P average and US Treasury bonds.Bhullar reviews RGA while looking squarely at the COVID-19 epidemic – a sensible approach to a life insurance company in such a time. He notes that RGA holds a strong defensive position, with plenty of liquid assets available to meet claims, pointing out that the USA has seen “about 2.8 million deaths in the U.S. in each of the past two years, and an average of about 45k deaths from the flu over the past five years. While tragic, virus related deaths are relatively modest in this context.”Bhullar goes on to upgrade RGA from Neutral to Buy, even though he admits that COVID-19 presents an earnings risk to the company. He says of RGA’s prospects going forward, “Potential COVID-related claims [are] a key risk, but we feel that this is already reflected in the stock price and the company is defensively positioned otherwise… Our fundamental outlook for RGA remains positive. We project the company to generate a strong ROE and steady EPS growth over time, helped by rational price competition in the U.S. life reinsurance industry, attractive growth potential in foreign markets, and a defensive business mix.”Bhullar backs up his upgraded Buy rating with a $150 price target implying an upside here of 38%. (To watch Bhullar’s track record, click here)The Street largely seems to echo Steves’ positive sentiment, considering TipRanks analytics showcase RGA as a Buy. Out of 5 analysts polled by TipRanks in the last 3 months, 3 are bullish on Reinsurance stock, 1 remains sidelined, and 1 is bearish on the stock. With a potential upside of 18%, the stock’s consensus target price stands at $128.80. (See RGA stock analysis at TipRanks)MetLife, Inc. (MET)You probably know MetLife, or at least you remember its old TV commercials, which featured Snoopy in the late 1980s. The company still uses the iconic character in its advertising, paying as much as $12 million annually for the licensing rights. And that shows the underlying strength of Met Life. The company brings in some $68 billion in annual revenues, and sees a net income of $5.7 billion. And with a $31.4 billion market cap, MetLife can afford the licensing rights on a property as valuable as Peanuts.Finishing up 2019, MET reported strong earnings for the final quarter, beating the estimates by 41%. Full-year EPS, at $6.06, was up 23% year-over-year, on the income of $5.7 billion mentioned above. Before the bottom fell out of the markets, MET shares had gained 23% in 12 months.MET’s dividend is solid, as the financials would suggest. The most recent quarterly payment, made on March 13, was 44 cents, a payment which has been steady for the last four quarters. MET has paid out reliably, and gradually increased the dividend, for the last 7 years. At 22%, the payout ratio shows that MET can easily afford the dividend at current income – and has plenty of room to let it keep growing. The yield, of 5.2%, is more than 2.5x the average among MET’s S&P listed peer companies.Looking at MetLife, Bhullar takes the long view. He admits that Q1 will likely see a decline in earnings, and that foreign exchange will be a headwind for this international insurer, but believes that the strengths overbalance the vulnerabilities. The analyst wrote, “Our outlook for MetLife remains constructive given its leading franchise in the group benefits business, where the company is expanding in the voluntary and small/mid-group insurance markets… Valuation is compelling as well as MET trades at a discount to the sector.”Bhullar’s $59 price target on MET is highly bullish, and indicates his confidence in a 68% upside for the stock. This is in-line with his Buy rating.Met’s Moderate Buy analyst consensus rating is based on 5 Buy ratings along with 3 Holds. The stock is trading for $35.09 and the $44.13 average price target implies a valuable upside potential of nearly 29%. (See MetLife stock analysis on TipRanks)Lincoln National Corporation (LNC)Third on today’s list is another financial holding company, heavily involved in the insurance sector. Lincoln is based in Pennsylvania and the company’s subsidiaries operate the business segments. LNC’s operations are divided into four segments: annuities, life insurance, retirement plan services, and group protection.Lincoln showed mixed earnings results at 2019 drew to a close. The company saw EPS, at $2.41, miss the forecast while showing year-over-year growth of 12%. Revenues showed the opposite pattern, edging over the estimates but contracting slightly yoy. The top line came in at $4.5 billion. All four main business segments showed modest growth in the quarter. Backing its policies, Lincoln holds assets in excess of $334 billion.Like the other stocks in this list, LNC pays out a generous dividend. The yield, at 4.9%, is high, and made more attractive by the company’s reliable 11-year history of dividend maintenance. This stock shows the lowest payout ratio of the three listed, at just 16%. The annualized payment is $1.60 per share.Covering LNC for JPMorgan, Bhullar sees the stock as both a long-term with compelling risk-reward and an undervalued buying opportunity. He rates the stock a Buy, and backs that with a $76 price target – showing that he believes there is a whopping 145% upside potential in these shares.Supporting his view, Bhullar writes, “In our opinion, LNC’s strong franchise, superior product development capabilities, and broad distribution will drive healthy organic growth over time… we feel that investors do not fully appreciate the better quality of its in-force book compared with most peers’… LNC trades at a sizable discount to the sector…”With 9 recent reviews, including 4 Buys and 5 Holds, LNC has a Moderate Buy rating from the analyst consensus. The stock sells for $33.65, while the $46.89 average price target indicates room for a robust 45% upside potential. (See Lincoln National stock analysis on TipRanks)To find good ideas for financial stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.