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RGA

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

184.14USD-1.14 (-0.62%)Market Closed

Market Summary

RGA
USD184.14-1.14
Market Closed
-0.62%

RGA Alerts

  • 2 major insider sales recently.
  • Big fall in earnings (Y/Y)

RGA Stock Price

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RGA RSI Chart

RGA Valuation

Market Cap

12.2B

Price/Earnings (Trailing)

13.4

Price/Sales (Trailing)

0.66

EV/EBITDA

9.37

Price/Free Cashflow

3.03

RGA Price/Sales (Trailing)

RGA Profitability

EBT Margin

6.25%

Return on Equity

9.93%

Return on Assets

0.92%

Free Cashflow Yield

32.98%

RGA Fundamentals

RGA Revenue

Revenue (TTM)

18.6B

Rev. Growth (Yr)

14.92%

Rev. Growth (Qtr)

-2.83%

RGA Earnings

Earnings (TTM)

902.0M

Earnings Growth (Yr)

-45.39%

Earnings Growth (Qtr)

-44.64%

Breaking Down RGA Revenue

Last 7 days

0.7%

Last 30 days

0.2%

Last 90 days

6.6%

Trailing 12 Months

12.0%

How does RGA drawdown profile look like?

RGA Financial Health

Debt/Equity

0.49

Debt/Cashflow

0.91

RGA Investor Care

Dividend Yield

1.78%

Dividend/Share (TTM)

3.3

Buy Backs (1Y)

1.65%

Diluted EPS (TTM)

13.43

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202316.6B16.8B17.9B18.6B
202216.5B16.2B16.2B16.2B
202115.5B16.0B16.4B16.7B
202014.1B14.2B14.2B14.6B
201913.1B13.4B13.8B14.3B
201812.7B12.7B12.8B12.9B
201712.0B12.1B12.4B12.5B
201610.4B10.8B11.3B11.5B
201510.8B10.6B10.3B10.4B
201410.4B10.6B10.9B10.9B
201310.1B10.4B10.3B10.3B
20128.8B9.0B9.5B9.8B
20118.4B8.7B8.8B8.8B
20107.6B7.8B7.9B8.3B
200906.1B6.6B7.1B
20080005.7B

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

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 08, 2024
larson todd c
sold
-679,725
181
-3,750
sevp, chief financial officer
Mar 06, 2024
larson todd c
acquired
621,235
92.5008
6,716
sevp, chief financial officer
Mar 06, 2024
hutton william l
sold (taxes)
-123,993
182
-678
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
sold
-346,951
181
-1,908
evp, general counsel & secy.
Mar 06, 2024
hutton william l
acquired
217,364
93.53
2,324
evp, general counsel & secy.
Feb 15, 2024
hutton william l
sold
-272,866
171
-1,588
evp, general counsel & secy.
Feb 07, 2024
wainwright simon
sold (taxes)
-95,152
169
-563
evp, head of emea
Feb 07, 2024
wainwright simon
acquired
93,862
78.48
1,196
evp, head of emea
Feb 07, 2024
porter jonathan
sold (taxes)
-87,378
169
-517
evp, global chief risk officer

1–10 of 50

Which funds bought or sold RGA recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 11, 2024
VANGUARD GROUP INC
reduced
-0.88
111,500,000
1,178,760,000
0.03%
Mar 08, 2024
ICA Group Wealth Management, LLC
new
-
83,317
83,317
0.02%
Mar 01, 2024
Pineridge Advisors LLC
new
-
26,047
26,047
0.01%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
10.22
9,340,930
50,288,900
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-4.57
858,482
14,403,100
0.06%
Feb 27, 2024
Beaird Harris Wealth Management, LLC
new
-
324
324
-%
Feb 26, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-4.86
199,000
3,488,000
0.03%
Feb 26, 2024
Virtu Financial LLC
new
-
393,000
393,000
0.03%
Feb 21, 2024
V-Square Quantitative Management LLC
new
-
304,308
304,308
0.05%
Feb 21, 2024
Raleigh Capital Management Inc.
added
2.32
18,227
149,831
0.07%

1–10 of 48

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

Unveiling Reinsurance Group of America Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm 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
Mar 11, 2024
4
Insider Trading
Mar 08, 2024
144
Notice of Insider Sale Intent
Mar 08, 2024
4
Insider Trading
Mar 08, 2024
4
Insider Trading
Mar 06, 2024
144
Notice of Insider Sale Intent
Feb 26, 2024
10-K
Annual Report
Feb 20, 2024
4
Insider Trading
Feb 15, 2024
144
Notice of Insider Sale Intent
Feb 15, 2024
144
Notice of Insider Sale Intent
Feb 13, 2024
SC 13G/A
Major Ownership Report

What is the Fair Value of RGA?

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Disclaimer: Conduct thorough research and seek guidance from a certified financial advisor prior to finalizing any investment choices.

Reinsurance Group of America Inc News

Latest updates
Defense World • 8 hours ago
Yahoo Finance • 08 Mar 2024 • 08:00 am

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

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-2.8%5,0075,1534,1564,2514,3574,0503,9033,9174,3594,0434,1374,1194,1433,6433,6063,2043,7853,6283,4673,4203,279
EBITDA Margin-14.9%0.08*0.09*0.07*0.06*0.06*0.04*0.04*0.06*0.05*0.06*0.08*0.07*---------
Interest Expenses-2.1%71.0072.0063.0050.0056.0049.0044.0042.0010.0041.0043.0045.0044.0043.0042.0041.0044.0046.0043.0040.0039.00
Income Taxes-95.6%4.0091.0058.0098.0088.00-2.0041.0070.0042.00-12.0013847.0037.0072.0037.00-8.0073.0084.0058.0047.0028.00
Earnings Before Taxes-56.8%164380265351381-77.0014726757.00-34.00482186169285195-96.00308347260217138
EBT Margin-18.7%0.06*0.08*0.05*0.05*0.04*0.02*0.03*0.05*0.04*0.05*0.07*0.05*---------
Net Income-44.6%160289207253293-75.00106197156-22.00344139132213158-88.00235263202170110
Net Income Margin-15.9%0.05*0.06*0.04*0.03*0.03*0.02*0.03*0.04*0.04*0.04*0.05*0.04*---------
Free Cashflow780.0%6,854-1,008-251-1,5792,414-842-85.00-1693571,486-42.002,362---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets11.7%97,62387,42289,04089,12084,90482,70584,60989,76192,94191,44988,94484,81084,65682,12780,72975,65476,73175,77472,04466,69264,535
    Cash Equivalents5.3%2,9702,8202,5983,2942,9273,5122,5562,7092,9483,0273,2543,1224943,2564,3132,8203,4082,6362,2882,0201,449
Liabilities11.6%88,45279,26981,14581,40477,73378,96278,68080,48979,16178,56475,50072,72070,30468,91368,17666,35365,13064,25061,33557,02256,085
  Long Term Debt-0.5%4,4274,4504,8504,4553,9614,2073,6673,6673,6673,1733,1733,5733,5733,5733,5732,9812,9813,3813,3812,7882,788
Shareholder's Equity12.6%9,0818,0637,8057,6267,0816,7557,3897,9478,18012,88513,44412,0901.0013,21412,5539,30111,60111,52410,7099,6708,450
  Retained Earnings1.1%8,8058,7138,4838,3368,1698,8208,5928,4468,5638,4588,5318,2358,1488,0667,9017,8027,9527,7667,5507,4127,285
  Additional Paid-In Capital0.4%2,5442,5342,5222,5062,5022,4932,4782,4652,4612,4472,4302,4112,4062,4212,4131,9421,9371,9281,9201,9061,899
Shares Outstanding--------------68.0068.0079.0063.0063.0063.00--
Minority Interest0%90.0090.0090.0090.0090.0090.0090.0090.00-------------
Float---9,200---7,900---7,800---5,300---9,800--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations786.2%6,862-1,000-244-1,5742,420-835-79.00-1633611,491-36.002,3665432003722,207543794630340481
Cashflow From Investing-1317.3%-1,474-104-783-1,705-893-1,584-976-2,235-1,136-1,319319-2,492-466-1,19072.00-1,096-1,657-217-85793.00-668
Cashflow From Financing154.6%349-639-129497-25.001,7768311,854697-377-157-14320.00-99.001,026307-102-204495-310350
  Dividend Payments0%56.0056.0054.0053.0053.0054.0049.0049.0049.0050.0047.0048.0048.0047.0043.0044.0044.0044.0037.0038.0038.00
  Buy Backs16.0%58.0050.0052.0067.0027.0027.00-27.0051.0046.001.001.001.00-6.001563.0030.0019.0049.0026.00

RGA Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues   
Net premiums$ 15,085.0$ 13,078.0$ 12,513.0
Net investment income3,591.03,161.03,138.0
Investment related gains (losses), net(481.0)(539.0)567.0
Other revenues372.0527.0449.0
Total revenues18,567.016,227.016,667.0
Benefits and expenses   
Claims and other policy benefits13,872.011,982.011,673.0
Liability for Future Policy Benefit, Remeasurement Gain (Loss)(62.0)291.0567.0
Market Risk Benefit, Change in Fair Value, Gain (Loss)(10.0)10.0(58.0)
Interest credited864.0682.0700.0
Policy acquisition costs and other insurance expenses1,397.01,344.01,325.0
Other operating expenses1,089.01,009.0936.0
Interest expense257.0191.0139.0
Total benefits and expenses17,407.015,509.015,282.0
Income before income taxes1,160.0718.01,385.0
Provision for income taxes251.0197.0215.0
Net income909.0521.01,170.0
Net income attributable to noncontrolling interest7.04.00.0
Net income available to RGA, Inc. shareholders$ 902.0$ 517.0$ 1,170.0
Earnings per share   
Basic earnings per share$ 13.60$ 7.73$ 17.26
Diluted earnings per share$ 13.44$ 7.64$ 17.13

RGA Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Fixed Maturity Securities [Abstract]  
Fixed maturity securities available-for-sale at fair value (amortized cost of $64,977 and $59,663; allowance for credit losses of $75 and $37)$ 60,467[1]$ 52,901[2]
Equity Securities, FV-NI139134
Mortgage loans (net of allowance for credit losses of $67 and $51)7,3776,590
Policy loans1,2061,231
Funds withheld at interest5,6836,003
Real Estate Investments, Joint Ventures2,6352,327
Short-term investments222154
Other invested assets1,1711,140
Total investments78,90070,480
Cash and cash equivalents2,9702,927
Accrued investment income759630
Premiums receivable and other reinsurance balances3,5283,013
Reinsurance ceded receivables and other5,4482,671
Deferred policy acquisition costs4,6174,128
Other assets1,4011,055
Total assets97,62384,904
Liabilities and Equity  
Future policy benefits41,23135,689
Interest-sensitive contract liabilities30,27330,342
Other policy claims and benefits2,7302,480
Other reinsurance balances1,103725
Deferred income taxes1,8621,383
Funds Held under Reinsurance Agreements, Liability4,4831,486
Other liabilities2,0851,420
Long-term debt4,4273,961
Total liabilities88,45277,733
Commitments and contingent liabilities (See Note 17)
Stockholders Equity:  
Preferred stock (par value $.01 per share; 10,000,000 shares authorized; no shares issued or outstanding)00
Common stock (par value $0.01 per share; 140,000,000 shares authorized; shares issued: 85,310,598 at both December 31, 2023 and December 31, 2022)11
Additional paid-in-capital2,5442,502
Retained earnings8,8058,169
Treasury stock, at cost – 19,689,885 and 18,634,390 shares(1,900)(1,720)
Accumulated other comprehensive income (loss)(369)(1,871)
Total Reinsurance Group of America, Inc. stockholders’ equity9,0817,081
Total liabilities and stockholders’ equity97,62384,904
Stockholders' Equity Attributable to Noncontrolling Interest9090
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest9,1717,171
Market Risk Benefit, Net Amount at Risk$ 258$ 247
[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 December 31, 2023, the fair value of such investments was $856 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, 2022, the fair value of such investments was $683 million.
RGA
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
 WEBSITEwww.rgare.com
 EMPLOYEES3800

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 Fri Mar 15 2024, market cap of Reinsurance Group of America Inc is 12.18 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 Fri Mar 15 2024, RGA's PE ratio (Price to Earnings) is 13.4 and Price to Sales (PS) ratio is 0.66. 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 0.104 (multiply by 100 for percentage) rate of return.