A number of research firms have changed their ratings and price targets for Reinsurance Group of America, (NYSE: RGA):

  • 8/3/2017 – Reinsurance Group of America, had its “hold” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $137.00 price target on the stock.
  • 8/1/2017 – Reinsurance Group of America, was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $157.00 price target on the stock. According to Zacks, “Reinsurance Group continues to benefit from a mix of organic and transactional opportunities. Its niche position in the U.S. and Canadian reinsurance markets and the expansion of its international operations and diversified earnings stream are positives. Moreover, it is poised to benefit from an improving life reinsurance pricing environment. Thus the company expects operating income per share to grow 5% to 8% and operating ROE between 10% and 12% in the intermediate term. However, exposure to foreign exchange volatility, volatile Australian business and evolving capital requirements pose headwinds for the company in near term. Shares of Reinsurance Group underperformed the industry, year to date. Reinsurance Group’s bottom line beat expectation. Traditional business both in the EMEA and Asia-Pacific were strong.  Top-line growth came on improved U.S. mortality claims and robust organic growth across most regions.”
  • 7/31/2017 – Reinsurance Group of America, was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Reinsurance Group’s bottom line beat expectation. Traditional business both in the EMEA and Asia-Pacific were strong.  Top-line growth came on improved U.S. mortality claims and robust organic growth across most regions. Reinsurance Group continues to benefit from a mix of organic and transactional opportunities. Its niche position in the U.S. and Canadian reinsurance markets and the expansion of its international operations and diversified earnings stream are positives. Moreover, it is poised to benefit from an improving life reinsurance pricing environment. Thus the company expects operating income per share to grow 5% to 8% and operating ROE between 10% and 12% in the intermediate term. However, exposure to foreign exchange volatility, volatile Australian business and evolving capital requirements pose headwinds for the company in near term. Shares of Reinsurance Group underperformed the industry, year to date.”
  • 7/28/2017 – Reinsurance Group of America, was given a new $134.00 price target on by analysts at Royal Bank Of Canada. They now have a “hold” rating on the stock.
  • 7/7/2017 – Reinsurance Group of America, was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $145.00 price target on the stock. According to Zacks, “Reinsurance Group continues to benefit from a mix of organic and transactional opportunities. Its niche position in the U.S. and Canadian reinsurance markets and the expansion of its international operations and diversified earnings stream are positives. Moreover, it is poised to benefit from an improving life reinsurance pricing environment. Thus the company expects operating income per share to grow 5% to 8% and operating ROE between 10% and 12% in the intermediate term. Reinsurance Group also witnessed estimates moving up over the last 60 days. However, exposure to foreign exchange volatility, weak Australian business and evolving capital requirements pose headwinds for the company in near term. Shares of Reinsurance Group underperformed the Zacks categorized Life Insurance industry, year to date. Also a Zacks Rank #2 when combined with Earnings ESP of -4.51% makes prediction difficult for a definite beat or miss as per our proven model.”
  • 6/28/2017 – Reinsurance Group of America, was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Shares of Reinsurance Group outperformed the Zacks categorized Life Insurance industry, quarter to date. The company also witnessed estimates moving north over the last 60 days. Reinsurance Group continues to benefit from a mix of organic and transactional opportunities. Its niche position in the U.S. and Canadian reinsurance markets and the expansion of its international operations and diversified earnings stream are positives. Moreover, it is poised to benefit from an improving life reinsurance pricing environment. Thus the company expects operating income per share to grow 5% to 8% and operating return on equity between 10% and 12% in the intermediate term. However, Reinsurance Group’s exposure to foreign exchange volatility, weak Australian business and evolving capital requirements pose headwinds for the company in near term.”

Shares of Reinsurance Group of America, Incorporated (NYSE RGA) opened at 138.82 on Friday. Reinsurance Group of America, Incorporated has a 52 week low of $100.41 and a 52 week high of $141.89. The firm’s 50-day moving average is $133.24 and its 200-day moving average is $128.40. The stock has a market capitalization of $8.95 billion, a price-to-earnings ratio of 11.83 and a beta of 0.83.

Reinsurance Group of America, (NYSE:RGA) last released its quarterly earnings data on Thursday, July 27th. The insurance provider reported $2.95 EPS for the quarter, topping analysts’ consensus estimates of $2.44 by $0.51. The company had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3 billion. Reinsurance Group of America, had a return on equity of 8.48% and a net margin of 6.33%. The company’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period last year, the business posted $2.80 EPS. On average, equities research analysts anticipate that Reinsurance Group of America, Incorporated will post $10.21 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 29th. Stockholders of record on Tuesday, August 8th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.44%. This is an increase from Reinsurance Group of America,’s previous quarterly dividend of $0.41. The ex-dividend date is Friday, August 4th. Reinsurance Group of America,’s dividend payout ratio (DPR) is 17.02%.

In other news, EVP Timothy T. Matson acquired 500 shares of the business’s stock in a transaction dated Wednesday, June 21st. The shares were bought at an average cost of $127.39 per share, for a total transaction of $63,695.00. Following the acquisition, the executive vice president now directly owns 2,430 shares in the company, valued at approximately $309,557.70. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, EVP Alain Neemeh sold 7,500 shares of the firm’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $139.69, for a total value of $1,047,675.00. Following the completion of the transaction, the executive vice president now owns 43,292 shares in the company, valued at $6,047,459.48. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 12,589 shares of company stock worth $1,761,582. Company insiders own 1.47% of the company’s stock.

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.

Receive News & Ratings for Reinsurance Group of America Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reinsurance Group of America Incorporated and related companies with Analyst Ratings Network's FREE daily email newsletter.