Analysts predict that Reinsurance Group of America, Incorporated (NYSE:RGA) will announce $2.57 earnings per share for the current quarter, Zacks reports. Zero analysts have made estimates for Reinsurance Group of America,’s earnings. The highest EPS estimate is $2.65 and the lowest is $2.50. Reinsurance Group of America, reported earnings per share of $2.46 during the same quarter last year, which indicates a positive year-over-year growth rate of 4.5%. The company is scheduled to report its next earnings report on Wednesday, October 25th.

According to Zacks, analysts expect that Reinsurance Group of America, will report full-year earnings of $10.16 per share for the current financial year, with EPS estimates ranging from $10.01 to $10.30. For the next fiscal year, analysts forecast that the firm will report earnings of $10.69 per share, with EPS estimates ranging from $10.48 to $10.80. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that follow Reinsurance Group of America,.

Reinsurance Group of America, (NYSE:RGA) last announced its quarterly earnings data on Thursday, July 27th. The insurance provider reported $2.95 earnings per share for the quarter, beating analysts’ consensus estimates of $2.44 by $0.51. The firm had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3 billion. Reinsurance Group of America, had a net margin of 6.33% and a return on equity of 8.48%. The business’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the previous year, the company earned $2.80 earnings per share.

A number of research analysts recently commented on RGA shares. Zacks Investment Research raised shares of Reinsurance Group of America, from a “hold” rating to a “buy” rating and set a $145.00 target price on the stock in a research report on Friday, July 7th. Royal Bank Of Canada set a $134.00 target price on shares of Reinsurance Group of America, and gave the company a “hold” rating in a research report on Friday, July 28th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $137.00 target price on shares of Reinsurance Group of America, in a research report on Thursday, August 3rd. Eight analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Reinsurance Group of America, has a consensus rating of “Hold” and an average target price of $125.89.

Shares of Reinsurance Group of America, (NYSE RGA) traded down 0.25% during midday trading on Wednesday, hitting $134.30. 203,081 shares of the stock were exchanged. The company has a market cap of $8.66 billion, a PE ratio of 11.44 and a beta of 0.83. Reinsurance Group of America, has a 12 month low of $105.57 and a 12 month high of $141.89. The stock has a 50 day moving average price of $136.43 and a 200-day moving average price of $129.67.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 29th. Shareholders of record on Tuesday, August 8th were given a dividend of $0.50 per share. This is an increase from Reinsurance Group of America,’s previous quarterly dividend of $0.41. This represents a $2.00 annualized dividend and a yield of 1.49%. The ex-dividend date was Friday, August 4th. Reinsurance Group of America,’s dividend payout ratio (DPR) is presently 17.02%.

In other Reinsurance Group of America, news, Director Christine Rose Detrick sold 750 shares of the firm’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $139.50, for a total transaction of $104,625.00. Following the transaction, the director now directly owns 4,682 shares of the company’s stock, valued at approximately $653,139. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Timothy T. Matson acquired 500 shares of the stock in a transaction on Wednesday, June 21st. The shares were acquired at an average cost of $127.39 per share, for a total transaction of $63,695.00. Following the completion of the transaction, the executive vice president now directly owns 2,430 shares in the company, valued at approximately $309,557.70. The disclosure for this purchase can be found here. Insiders have sold a total of 14,970 shares of company stock worth $2,096,360 over the last three months. 1.47% of the stock is currently owned by insiders.

A number of institutional investors have recently modified their holdings of RGA. BlackRock Inc. grew its position in Reinsurance Group of America, by 3,630.1% during the 1st quarter. BlackRock Inc. now owns 6,064,017 shares of the insurance provider’s stock worth $770,008,000 after purchasing an additional 5,901,447 shares during the last quarter. Janus Henderson Group PLC grew its position in Reinsurance Group of America, by 9,358.1% during the 2nd quarter. Janus Henderson Group PLC now owns 550,935 shares of the insurance provider’s stock worth $70,734,000 after purchasing an additional 545,110 shares during the last quarter. AJO LP grew its position in Reinsurance Group of America, by 30.2% during the 2nd quarter. AJO LP now owns 1,748,038 shares of the insurance provider’s stock worth $224,431,000 after purchasing an additional 405,008 shares during the last quarter. Janus Capital Management LLC grew its position in Reinsurance Group of America, by 564.5% during the 1st quarter. Janus Capital Management LLC now owns 451,200 shares of the insurance provider’s stock worth $57,293,000 after purchasing an additional 383,300 shares during the last quarter. Finally, AQR Capital Management LLC grew its position in Reinsurance Group of America, by 27.2% during the 1st quarter. AQR Capital Management LLC now owns 1,552,081 shares of the insurance provider’s stock worth $197,084,000 after purchasing an additional 331,580 shares during the last quarter. 90.62% of the stock is currently owned by institutional investors.

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About Reinsurance Group of America,

Reinsurance Group of America, Incorporated (RGA) is an insurance holding company. The Company provides traditional life and health reinsurance and financial solutions with operations in the United States, Latin America, Canada, Europe, Africa, Asia and Australia. It has geographic-based and business-based operational segments, including U.S.

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