Profile
Sector:
Financial ServicesIndustry:
Insurance - ReinsuranceCountry:
United StatesIPO:
12 September 2008Website:
http://www.rgare.comNext earnings report:
31 January 2025Last dividends:
13 August 2024Next dividends:
12 November 2024Price
after hours | Fri, 01 Nov 2024 23:54:09 GMTAnalysts recommendations
Institutional Ownership
RGA Latest News
Reinsurance Group of America, Incorporated (RGA) Q3 2024 Earnings Call Transcript
While the top- and bottom-line numbers for Reinsurance Group (RGA) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Reinsurance Group (RGA) came out with quarterly earnings of $6.13 per share, beating the Zacks Consensus Estimate of $5.15 per share. This compares to earnings of $5.57 per share a year ago.
Get a deeper insight into the potential performance of Reinsurance Group (RGA) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Reinsurance Group (RGA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Reinsurance Group (RGA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
New business volumes, favorable longevity experience, a diversified business, effective capital deployment and higher return on capital poise RGA for growth.
Reinsurance Group of America has surged over 50% in the past year, driven by strong underwriting results and higher interest income. Despite recent volatility, RGA's strategic capital deployment into pension risk transfer deals and a $3.5 billion coinsurance deal with American National bolsters growth. RGA's robust balance sheet, high-quality investment portfolio, and strong premium growth justify a "buy" rating with my fair value target of $250.
CHICAGO , Sept. 12, 2024 /PRNewswire/ -- The Society of Actuaries (SOA) Research Institute, in collaboration with Reinsurance Group of America, Incorporated (NYSE:RGA), a leading global life and health reinsurer, announced findings from new research on behavioral science for the life insurance sector.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
What type of business is Reinsurance Group of America Incorporated?
Reinsurance Group of America, Incorporated is one of the largest global insurance companies, included in the Fortune 500 rating. Founded in 1973, the headquarters is located in St. Louis, Missouri. The company offers: - Individual and group life and health insurance services. - Reinsurance services for risks related to mortality, morbidity, longevity, and investments. - Technological, consulting, and outsourcing solutions for the insurance and reinsurance industries.
What sector is Reinsurance Group of America Incorporated in?
Reinsurance Group of America Incorporated is in the Financial Services sector
What industry is Reinsurance Group of America Incorporated in?
Reinsurance Group of America Incorporated is in the Insurance - Reinsurance industry
What country is Reinsurance Group of America Incorporated from?
Reinsurance Group of America Incorporated is headquartered in United States
When did Reinsurance Group of America Incorporated go public?
Reinsurance Group of America Incorporated initial public offering (IPO) was on 12 September 2008
What is Reinsurance Group of America Incorporated website?
https://www.rgare.com
Is Reinsurance Group of America Incorporated in the S&P 500?
No, Reinsurance Group of America Incorporated is not included in the S&P 500 index
Is Reinsurance Group of America Incorporated in the NASDAQ 100?
No, Reinsurance Group of America Incorporated is not included in the NASDAQ 100 index
Is Reinsurance Group of America Incorporated in the Dow Jones?
No, Reinsurance Group of America Incorporated is not included in the Dow Jones index
When was Reinsurance Group of America Incorporated the previous earnings report?
No data
When does Reinsurance Group of America Incorporated earnings report?
The next expected earnings date for Reinsurance Group of America Incorporated is 31 January 2025