Reinsurance Group of America, Incorporated (NYSE:RGA – Free Report) – Equities researchers at DOWLING & PARTN raised their FY2026 earnings per share estimates for shares of Reinsurance Group of America in a research report issued on Tuesday, October 13th. DOWLING & PARTN analyst J. Hurwitz now forecasts that the insurance provider will post earnings of $29.70 per share for the year, up from their prior estimate of $29.60. The consensus estimate for Reinsurance Group of America’s current full-year earnings is $29.71 per share.
Reinsurance Group of America (NYSE:RGA – Get Free Report) last released its earnings results 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 net margin of 5.81% and a return on equity of 14.78%. The company had revenue of $6.64 billion for the quarter, compared to analysts’ expectations of $6.67 billion. During the same quarter last year, the business earned $4.72 EPS. The firm’s revenue was up 18.5% compared to the same quarter last year.
Read Our Latest Stock Analysis on Reinsurance Group of America
Reinsurance Group of America Stock Performance
RGA opened at $260.87 on Thursday. The firm has a market cap of $17.03 billion, a P/E ratio of 11.46 and a beta of 0.45. Reinsurance Group of America has a 1-year low of $178.21 and a 1-year high of $263.65. The company has a 50 day simple moving average of $248.35 and a two-hundred day simple moving average of $227.09. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.14 and a quick ratio of 0.14.
Reinsurance Group of America Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 18th were given a $0.98 dividend. This represents a $3.92 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Tuesday, August 18th. 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 presently 17.22%.
Insider Activity at Reinsurance Group of America
In related news, EVP Jonathan Porter sold 8,589 shares of the company’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $246.30, for a total transaction of $2,115,470.70. Following the completion of the sale, the executive vice president directly owned 14,885 shares in the company, valued at $3,666,175.50. This represents a 36.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Insiders own 0.60% of the company’s stock.
Hedge Funds Weigh In On Reinsurance Group of America
A number of large investors have recently added to or reduced their stakes in the company. Greenleaf Trust grew its position in shares of Reinsurance Group of America by 2.4% in the 2nd quarter. Greenleaf Trust now owns 1,811 shares of the insurance provider’s stock worth $385,000 after buying an additional 42 shares during the last quarter. Elevation Wealth Partners LLC lifted its position in Reinsurance Group of America by 9.5% during the second quarter. Elevation Wealth Partners LLC now owns 702 shares of the insurance provider’s stock valued at $149,000 after acquiring an additional 61 shares during the last quarter. waypoint wealth counsel boosted its stake in Reinsurance Group of America by 6.6% in the first quarter. waypoint wealth counsel now owns 1,098 shares of the insurance provider’s stock valued at $224,000 after acquiring an additional 68 shares in the last quarter. Investors Asset Management of Georgia Inc. GA ADV boosted its stake in Reinsurance Group of America by 3.4% in the first quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 2,308 shares of the insurance provider’s stock valued at $471,000 after acquiring an additional 76 shares in the last quarter. Finally, Parkside Financial Bank & Trust boosted its stake in Reinsurance Group of America by 5.1% in the second quarter. Parkside Financial Bank & Trust now owns 1,555 shares of the insurance provider’s stock valued at $331,000 after acquiring an additional 76 shares in the last quarter. 95.11% of the stock is currently owned by institutional investors.
Reinsurance Group of America Company Profile
Reinsurance Group of America, Incorporated (NYSE:RGA) is a global provider of life and health reinsurance. The company helps insurance organizations manage mortality, longevity, morbidity and other insurance risks by assuming portions of their business and providing capital, risk-management expertise and specialized underwriting support.
RGA offers traditional reinsurance and financial solutions for individual life insurance, group life and health coverage, retirement and annuity products, long-term care and disability insurance.
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