ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA) has announced that it will issue $700 million in 6.650% Fixed-Rate Reset Subordinated Debentures, which are due in 2055. These debentures will mature on September 15, 2055, and will be sold at an issue price of 100%, with interest paid twice a year. RGA expects to proceed with this underwritten public offering.
Reinsurance Group is set to benefit from increased business activity, positive longevity trends, a varied business model, smart use of capital, and improved returns on investment.
No matter if you focus on value, growth, or momentum investing, the Zacks Style Scores can help you identify strong stocks more easily. This is one of the key benefits of the Zacks Premium research service.
Reinsurance Group of America Inc. has made a strong recovery after the pandemic, with its earnings increasing threefold. Although it has a low price-to-earnings ratio of 8.5X, RGA isn't as affordable as it seems. However, RGA's baby bonds met our buying standards, so we decided to purchase some.
Reinsurance Group of America, Incorporated (NYSE:RGA) will hold its Q4 2024 Earnings Conference Call on February 7, 2025, at 10:00 AM ET. The call will feature company executives, including Jeff Hopson, Tony Cheng, and Axel Andre, among others. Participants from various financial institutions will also be joining the call, but all attendees will be in listen-only mode.
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.
While the revenue and earnings per share (EPS) for Reinsurance Group (RGA) provide insight into its performance for the quarter ending December 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.
Reinsurance Group (RGA) reported quarterly earnings of $4.99 per share, which is lower than the Zacks Consensus Estimate of $5.24 per share. In comparison, the company earned $4.73 per share during the same period last year.
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.
ST. LOUIS--(BUSINESS WIRE)--Reinsurance Group of America, Incorporated (NYSE: RGA), a top global reinsurer in life and health, revealed today that it has made a key investment in PACT Capital LLC (PACT) through a fully-owned subsidiary. PACT is an independent investment firm that aims to offer capital and strategic assistance to middle market alternative asset managers. The firm plans to collaborate with both successful and up-and-coming private capital companies.