RGA - Reinsurance Group of America Inc Stock Price, Fair Value and News

207.66USD+4.44 (+2.18%)Market Closed

Market Summary

USD207.66+4.44

Market Closed

2.18%

RGA Alerts

Big jump in Revenue (Y/Y)

RGA Stock Price

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RGA RSI Chart

RGA Valuation

Market Cap

13.4B

Price/Earnings (Trailing)

15.4

Price/Sales (Trailing)

0.65

EV/EBITDA

8.5

Price/Free Cashflow

-113.29

RGA Price/Sales (Trailing)

RGA Profitability

EBT Margin

5.23%

Return on Equity

9.17%

Return on Assets

0.82%

Free Cashflow Yield

-0.88%

RGA Fundamentals

RGA Revenue

Revenue (TTM)

20.7B

Rev. Growth (Yr)

49.07%

Rev. Growth (Qtr)

26.56%

RGA Earnings

Earnings (TTM)

868.0M

Earnings Growth (Yr)

-16.21%

Earnings Growth (Qtr)

32.5%

Breaking Down RGA Revenue

52 Week Range

135.07208.29

(Low)(High)

Last 7 days

8.7%

Last 30 days

4.8%

Last 90 days

20.2%

Trailing 12 Months

37.0%

How does RGA drawdown profile look like?

RGA Financial Health

Debt/Equity

0.47

Debt/Cashflow

-0.03

RGA Investor Care

Dividend Yield

1.65%

Dividend/Share (TTM)

3.35

Buy Backs (1Y)

1.13%

Diluted EPS (TTM)

12.87

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	20.7B	0	0	0
2023	16.6B	16.8B	17.9B	18.6B
2022	16.5B	16.2B	16.2B	16.2B
2021	15.5B	16.0B	16.4B	16.7B
2020	14.1B	14.2B	14.2B	14.6B
2019	13.1B	13.4B	13.8B	14.3B
2018	12.7B	12.7B	12.8B	12.9B
2017	12.0B	12.1B	12.4B	12.5B
2016	10.4B	10.8B	11.3B	11.5B
2015	10.8B	10.6B	10.3B	10.4B
2014	10.4B	10.6B	10.9B	10.9B
2013	10.1B	10.4B	10.3B	10.3B
2012	8.8B	9.0B	9.5B	9.8B
2011	8.4B	8.7B	8.8B	8.8B
2010	7.6B	7.8B	7.9B	8.3B
2009	0	6.1B	6.6B	7.1B
2008	0	0	0	5.7B

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Reinsurance Group of America Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 31, 2024	kleeman raymond	acquired	-	-	1,318	evp, chief hr officer
Mar 31, 2024	kleeman raymond	sold (taxes)	-112,256	192	-582	evp, chief hr officer
Mar 28, 2024	hutton william l	gifted	-	-	-1,006	evp, general counsel & secy.
Mar 08, 2024	larson todd c	sold	-679,725	181	-3,750	sevp, chief financial officer
Mar 06, 2024	hutton william l	sold	-346,951	181	-1,908	evp, general counsel & secy.
Mar 06, 2024	larson todd c	sold	-542,422	182	-2,966	sevp, chief financial officer
Mar 06, 2024	hutton william l	acquired	217,364	93.53	2,324	evp, general counsel & secy.
Mar 06, 2024	hutton william l	sold (taxes)	-123,993	182	-678	evp, general counsel & secy.
Mar 06, 2024	larson todd c	acquired	621,235	92.5008	6,716	sevp, chief financial officer
Feb 15, 2024	hutton william l	sold	-272,866	171	-1,588	evp, general counsel & secy.

Which funds bought or sold RGA recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	LEUTHOLD GROUP, LLC	reduced	-0.2	1,373,120	8,607,270	0.97%
May 06, 2024	Jefferies Financial Group Inc.	sold off	-100	-1,088,920	-	-%
May 06, 2024	DiNuzzo Private Wealth, Inc.	unchanged	-	373	2,315	-%
May 06, 2024	Parallel Advisors, LLC	added	3.86	42,941	223,173	0.01%
May 06, 2024	NEW YORK LIFE INVESTMENT MANAGEMENT LLC	reduced	-2.58	197,349	1,419,600	0.01%
May 06, 2024	TEXAS PERMANENT SCHOOL FUND CORP	added	1.31	1,914,540	11,125,300	0.09%
May 06, 2024	HighTower Advisors, LLC	added	3.3	425,000	2,167,000	-%
May 06, 2024	SG Americas Securities, LLC	added	94.8	428,000	752,000	-%
May 06, 2024	LSV ASSET MANAGEMENT	reduced	-5.66	5,650,000	50,953,000	0.10%
May 06, 2024	ORG Partners LLC	sold off	-100	-18,281	-	-%

Are Funds Buying or Selling RGA?

Are funds buying RGA calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own RGA

No. of Funds

RGA Alerts

Big jump in Revenue (Y/Y)

Unveiling Reinsurance Group of America Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	11.06%	7,286,181	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 30, 2024	blackrock inc.	11.5%	7,608,080	SC 13G/A
Feb 14, 2023	harris associates l p	4.0%	2,648,211	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	10.85%	7,249,614	SC 13G/A
Feb 08, 2023	american century investment management inc	2.60%	1,738,104	SC 13G/A
Jan 23, 2023	blackrock inc.	10.3%	6,909,687	SC 13G/A
Jun 09, 2022	blackrock inc.	10.5%	7,052,318	SC 13G/A
Feb 11, 2022	harris associates l p	6.6%	4,430,058	SC 13G/A

Recent SEC filings of Reinsurance Group of America Inc

View All Filings

Date Filed	Form Type	Document
May 03, 2024	10-Q	Quarterly Report
May 02, 2024	8-K	Current Report
Apr 11, 2024	ARS	ARS
Apr 11, 2024	DEF 14A	DEF 14A
Apr 08, 2024	3	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading
Apr 01, 2024	8-K	Current Report
Mar 21, 2024	8-K	Current Report
Mar 19, 2024	4	Insider Trading

Reinsurance Group of America Inc News

Latest updates

Reinsurance Group of America Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	26.6%	6,337	5,007	5,153	4,156	4,251	4,357	4,050	3,903	3,917	4,359	4,043	4,137	4,119	4,143	3,643	3,606	3,204	3,785	3,628	3,467	3,420
EBITDA Margin	-13.9%	0.07*	0.08*	0.09*	0.07*	0.06*	0.06*	0.04*	0.04*	0.06*	0.05*	0.06*	0.08*	-	-	-	-	-	-	-	-	-
Interest Expenses	-3.5%	68.00	71.00	72.00	63.00	50.00	56.00	49.00	44.00	42.00	10.00	41.00	43.00	45.00	44.00	43.00	42.00	41.00	44.00	46.00	43.00	40.00
Income Taxes	1400.0%	60.00	4.00	91.00	58.00	98.00	88.00	-2.00	41.00	70.00	42.00	-12.00	138	47.00	37.00	72.00	37.00	-8.00	73.00	84.00	58.00	47.00
Earnings Before Taxes	65.9%	272	164	380	265	351	381	-77.00	147	267	57.00	-34.00	482	186	169	285	195	-96.00	308	347	260	217
EBT Margin	-16.2%	0.05*	0.06*	0.08*	0.05*	0.05*	0.04*	0.02*	0.03*	0.05*	0.04*	0.05*	0.07*	-	-	-	-	-	-	-	-	-
Net Income	32.5%	212	160	289	207	253	293	-75.00	106	197	156	-22.00	344	139	132	213	158	-88.00	235	263	202	170
Net Income Margin	-14.2%	0.04*	0.05*	0.06*	0.04*	0.03*	0.03*	0.02*	0.03*	0.04*	0.04*	0.04*	0.05*	-	-	-	-	-	-	-	-	-
Free Cashflow	-183.6%	-5,736	6,862	-1,008	-251	-1,579	2,414	-842	-85.00	-169	357	1,486	-42.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	8.6%	106,000	97,623	87,422	89,040	89,120	84,904	82,705	84,609	89,761	92,941	91,449	88,944	84,810	84,656	82,127	80,729	75,654	76,731	75,774	72,044	66,692
Cash Equivalents	99.8%	5,935	2,970	2,820	2,598	3,294	2,927	3,512	2,556	2,709	2,948	3,027	3,254	3,122	494	3,256	4,313	2,820	3,408	2,636	2,288	2,020
Liabilities	9.0%	96,442	88,452	79,269	81,145	81,404	77,733	78,962	78,680	80,489	79,161	78,564	75,500	72,720	70,304	68,913	68,176	66,353	65,130	64,250	61,335	57,022
Long Term Debt	0%	4,427	4,427	4,450	4,850	4,455	3,961	4,207	3,667	3,667	3,667	3,173	3,173	3,573	3,573	3,573	3,573	2,981	2,981	3,381	3,381	2,788
Shareholder's Equity	4.3%	9,468	9,081	8,063	7,805	7,626	7,081	6,755	7,389	7,947	8,180	12,885	13,444	12,090	1.00	13,214	12,553	9,301	11,601	11,524	10,709	9,670
Retained Earnings	1.5%	8,934	8,805	8,713	8,483	8,336	8,169	8,820	8,592	8,446	8,563	8,458	8,531	8,235	8,148	8,066	7,901	7,802	7,952	7,766	7,550	7,412
Additional Paid-In Capital	0.2%	2,549	2,544	2,534	2,522	2,506	2,502	2,493	2,478	2,465	2,461	2,447	2,430	2,411	2,406	2,421	2,413	1,942	1,937	1,928	1,920	1,906
Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	68.00	68.00	79.00	63.00	63.00	-	-
Minority Interest	0%	90.00	90.00	90.00	90.00	90.00	90.00	90.00	90.00	90.00	-	-	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	9,200	-	-	-	7,900	-	-	-	7,800	-	-	-	5,300	-	-	-	9,800	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-183.6%	-5,736	6,862	-1,000	-244	-1,574	2,420	-835	-79.00	-163	361	1,491	-36.00	2,366	543	200	372	2,207	543	794	630	340
Cashflow From Investing	-152.4%	-3,720	-1,474	-104	-783	-1,705	-893	-1,584	-976	-2,235	-1,136	-1,319	319	-2,492	-466	-1,190	72.00	-1,096	-1,657	-217	-857	93.00
Cashflow From Financing	188.0%	1,005	349	-639	-129	497	-25.00	1,776	831	1,854	697	-377	-157	-143	20.00	-99.00	1,026	307	-102	-204	495	-310
Dividend Payments	0%	56.00	56.00	56.00	54.00	53.00	53.00	54.00	49.00	49.00	49.00	50.00	47.00	48.00	48.00	47.00	43.00	44.00	44.00	44.00	37.00	38.00
Buy Backs	-72.4%	16.00	58.00	50.00	52.00	67.00	27.00	27.00	-	27.00	51.00	46.00	1.00	1.00	1.00	-	6.00	156	3.00	30.00	19.00	49.00

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RGA Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues
Net premiums	$ 5,376	$ 3,385
Net investment income	961	856
Investment related gains (losses), net	(149)	(77)
Other revenues	149	87
Total revenues	6,337	4,251
Benefits and expenses
Claims and other policy benefits	5,132	3,063
Liability for Future Policy Benefit, Remeasurement Gain (Loss)	(24)	(26)
Market Risk Benefit, Change in Fair Value, Gain (Loss)	(35)	14
Interest credited	254	215
Policy acquisition costs and other insurance expenses	387	331
Other operating expenses	283	250
Interest expense	68	53
Total benefits and expenses	6,065	3,900
Income before income taxes	272	351
Provision for income taxes	60	98
Net income	$ 210	$ 252
Earnings per share
Basic earnings per share	$ 3.20	$ 3.77
Diluted earnings per share	$ 3.16	$ 3.72
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	$ 212	$ 253
Net Income (Loss) Attributable to Noncontrolling Interest	$ 2	$ 1

RGA Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions

Mar. 31, 2024

Dec. 31, 2023

Assets

Fixed maturity securities available-for-sale, at fair value (amortized cost of $70,790 and $64,977; allowance for credit losses of $95 and $75)

$ 65,827

^[1]

$ 60,467

^[2]

Available-for-sale Securities, Equity Securities

144

139

Mortgage loans (net of allowance for credit losses of $77 and $67)

7,539

7,377

Policy loans

1,198

1,206

Funds withheld at interest

5,642

5,683

Limited partnerships and real estate joint ventures

2,697

2,635

Short-term investments

327

222

Other invested assets

1,140

1,171

Total investments

84,514

78,900

Cash and cash equivalents

5,935

2,970

Accrued investment income

808

759

Premiums receivable and other reinsurance balances

3,342

3,528

Reinsurance ceded receivables and other

5,265

5,448

Deferred policy acquisition costs

4,673

4,617

Other assets

1,463

1,401

Total assets

106,000

97,623

Liabilities and equity

Future policy benefits

47,067

41,231

Interest-sensitive contract liabilities

31,319

30,273

Market risk benefits, at fair value

228

258

Other policy claims and benefits

2,753

2,730

Other reinsurance balances

874

1,103

Deferred income taxes

1,897

1,862

Funds withheld payable

4,409

4,483

Other liabilities

3,468

2,085

Long-term debt

4,427

Total liabilities

96,442

88,452

Commitments and contingent liabilities (See Note 15)

Equity

Preferred stock – par value $0.01 per share, 10,000,000 shares authorized, no shares issued or outstanding

Common stock – par value $0.01 per share, 140,000,000 shares authorized, 85,310,598 shares issued at March 31, 2024 and December 31, 2023

Additional paid-in-capital

2,549

2,544

Retained earnings

8,934

8,805

Treasury stock, at cost – 19,522,343 and 19,689,885 shares

(1,891)

(1,900)

Accumulated other comprehensive income (loss)

(125)

(369)

Total RGA, Inc. stockholders’ equity

9,468

9,081

Noncontrolling interest

Total equity

9,558

9,171

Total liabilities and stockholders’ equity

$ 106,000

$ 97,623

[1]	Excludes limited partnerships that are measured at estimated fair value using the NAV per share (or its equivalent) as a practical expedient. As of March 31, 2024, the fair value of such investments was $893 million.
[2]	Excludes limited partnerships that are measured at estimated fair value using the NAV per share (or its equivalent) as a practical expedient. As of December 31, 2023, the fair value of such investments was $856 million

About Reinsurance Group of America Inc

Reinsurance Group of America, Incorporated engages in reinsurance business. The company offers individual and group life and health insurance products, such as term life, credit life, universal life, whole life, group life and health, joint and last survivor insurance, critical illness, disability, and longevity products; asset-intensive and financial reinsurance products; and other capital motivated solutions. It also provides reinsurance for mortality, morbidity, lapse, and investment-related risk associated with products; and reinsurance for investment-related risks. In addition, the company develops and markets technology solutions; and provides consulting and outsourcing solutions for the insurance and reinsurance industries. It serves life insurance companies in the United States, Latin America, Canada, Europe, the Middle East, Africa, Australia, and the Asia Pacific. Reinsurance Group of America, Incorporated was founded in 1973 and is headquartered in Chesterfield, Missouri.

CEO	Ms. Anna Manning FCIA, FSA
WEBSITE	rgare.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	3800

Reinsurance Group of America Inc Frequently Asked Questions

What is the ticker symbol for Reinsurance Group of America Inc? What does RGA stand for in stocks?

RGA is the stock ticker symbol of Reinsurance Group of America Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Reinsurance Group of America Inc (RGA)?

As of Tue May 07 2024, market cap of Reinsurance Group of America Inc is 13.37 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RGA stock?

You can check RGA's fair value in chart for subscribers.

What is the fair value of RGA stock?

You can check RGA's fair value in chart for subscribers. The fair value of Reinsurance Group of America Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Reinsurance Group of America Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for RGA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Reinsurance Group of America Inc a good stock to buy?

The fair value guage provides a quick view whether RGA is over valued or under valued. Whether Reinsurance Group of America Inc is cheap or expensive depends on the assumptions which impact Reinsurance Group of America Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for RGA.

What is Reinsurance Group of America Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, RGA's PE ratio (Price to Earnings) is 15.4 and Price to Sales (PS) ratio is 0.65. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. RGA PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Reinsurance Group of America Inc's stock?

In the past 10 years, Reinsurance Group of America Inc has provided 0.12 (multiply by 100 for percentage) rate of return.