Key Details
Price
$218.67Last Dividend
$0.89Annual Revenue
$18.34 BAnnual EPS
$13.44Annual ROE
11.04%Beta
0.75Events Calendar
Next earnings date:
Jan 31, 2025Recent quarterly earnings:
Oct 31, 2024Recent annual earnings:
Feb 01, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Nov 12, 2024Next split:
N/ARecent split:
Mar 01, 1999Analyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
Cash Flow
Institutional Ownership
Reinsurance Group of America (RGA) is a top company in life and health reinsurance, offering solutions to insurance firms. In the third quarter of 2024, RGA's results exceeded expectations, showing a strong return on equity of 15.55 and notable premium growth, particularly in their Traditional business. Important achievements for the quarter included a $1.5 billion retrocession recapture, unique deals in Asia, and a major agreement with American National in the U.S., which improved their growth outlook.
At Zacks, we concentrate on the reliable Zacks Rank system, which highlights earnings estimates and changes in those estimates to identify excellent stocks. However, we also keep an eye on the most recent trends in value, growth, and momentum to support our top selections.
Investors should consider using the Zacks Earnings ESP tool to identify stocks that are likely to exceed their quarterly earnings predictions. This tool provides valuable insights that can help investors make informed decisions. By using it, they can increase their chances of finding successful investment opportunities.
Reinsurance Group benefits from increased business activity, positive longevity trends, a varied business model, smart use of capital, and improved returns on investment.
At Zacks, we concentrate on the reliable Zacks Rank system, which highlights earnings estimates and changes in those estimates to identify excellent stocks. However, we also keep an eye on the most recent trends in value, growth, and momentum to support our top selections.
Reinsurance Group (RGA) could see an increase in its stock price due to rising confidence in its earnings potential, as indicated by its upgrade to a Zacks Rank #2 (Buy).
RGA is set for growth due to new business volumes, positive longevity trends, a varied business model, smart use of capital, and increased returns on capital.
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA), a top global reinsurer for life and health, has partnered with John Hancock, a part of Manulife Financial Corporation, to reinsure around US$4.1 billion in liabilities. This includes $1.9 billion for long-term care (LTC) and $2.2 billion for structured settlements. This new deal continues RGA's established strategic partnership.
Reinsurance Group (RGA) has reached its highest point in 52 weeks, but can investors expect further increases? We will examine the company's fundamentals for insights.
The Zacks Style Scores help investors quickly identify highly-rated stocks that match their investment preferences. Here are some reasons to make the most of this tool.
FAQ
- What is the primary business of Reinsurance Group of America Incorporated?
- What is the ticker symbol for Reinsurance Group of America Incorporated?
- Does Reinsurance Group of America Incorporated pay dividends?
- What sector is Reinsurance Group of America Incorporated in?
- What industry is Reinsurance Group of America Incorporated in?
- What country is Reinsurance Group of America Incorporated based in?
- When did Reinsurance Group of America Incorporated go public?
- Is Reinsurance Group of America Incorporated in the S&P 500?
- Is Reinsurance Group of America Incorporated in the NASDAQ 100?
- Is Reinsurance Group of America Incorporated in the Dow Jones?
- When was Reinsurance Group of America Incorporated's last earnings report?
- When does Reinsurance Group of America Incorporated report earnings?
- Should I buy Reinsurance Group of America Incorporated stock now?