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

189.54USD+3.02 (+1.62%)Delayed as of 22 Apr 2024, 12:51 pm ET

Market Summary

USD189.54+3.02

Delayedas of 22 Apr 2024, 12:51 pm

1.62%

RGA Stock Price

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RGA RSI Chart

RGA Valuation

Market Cap

12.3B

Price/Earnings (Trailing)

13.5

Price/Sales (Trailing)

0.66

EV/EBITDA

9.42

Price/Free Cashflow

3.03

RGA Price/Sales (Trailing)

RGA Profitability

EBT Margin

6.25%

Return on Equity

10.01%

Return on Assets

0.93%

Free Cashflow Yield

32.96%

RGA Fundamentals

RGA Revenue

Revenue (TTM)

18.6B

Rev. Growth (Yr)

14.92%

Rev. Growth (Qtr)

-2.83%

RGA Earnings

Earnings (TTM)

909.0M

Earnings Growth (Yr)

-45.39%

Earnings Growth (Qtr)

-44.64%

Breaking Down RGA Revenue

52 Week Range

133.13189.54

(Low)(High)

Last 7 days

1.2%

Last 30 days

0.3%

Last 90 days

11.1%

Trailing 12 Months

31.6%

How does RGA drawdown profile look like?

RGA Financial Health

Debt/Equity

0.49

Debt/Cashflow

0.91

RGA Investor Care

Dividend Yield

1.77%

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

Year	Q1	Q2	Q3	Q4
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

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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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
Apr 18, 2024	Allspring Global Investments Holdings, LLC	added	57.15	20,933,500	44,897,200	0.07%
Apr 18, 2024	Diversified Trust Co	reduced	-1.4	85,137	570,153	0.02%
Apr 18, 2024	Oliver Luxxe Assets LLC	added	2.22	165,825	924,088	0.19%
Apr 18, 2024	SJS Investment Consulting Inc.	unchanged	-	809	5,016	-%
Apr 18, 2024	Park Place Capital Corp	reduced	-50.83	-40,300	57,092	0.02%
Apr 18, 2024	FARMERS & MERCHANTS INVESTMENTS INC	reduced	-6.9	516	5,208	-%
Apr 18, 2024	Measured Wealth Private Client Group, LLC	added	3.13	154,233	826,105	0.29%
Apr 18, 2024	Aspire Private Capital, LLC	added	10.59	121,118	501,581	0.13%
Apr 18, 2024	Hexagon Capital Partners LLC	unchanged	-	403	2,507	-%
Apr 18, 2024	STATE OF MICHIGAN RETIREMENT SYSTEM	added	1.89	550,861	3,115,400	0.02%

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 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
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
Mar 19, 2024	4	Insider Trading
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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-2.8%	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	3,279
EBITDA Margin	-	0.08*	-	0.07*	0.06*	0.06*	0.04*	0.04*	0.06*	0.05*	0.06*	0.08*	0.07*	0.05*	-	-	-	-	-	-	-	-
Interest Expenses	-2.1%	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	39.00
Income Taxes	-95.6%	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	28.00
Earnings Before Taxes	-56.8%	164	380	265	351	381	-77.00	147	267	57.00	-34.00	482	186	169	285	195	-96.00	308	347	260	217	138
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%	160	289	207	253	293	-75.00	106	197	156	-22.00	344	139	132	213	158	-88.00	235	263	202	170	110
Net Income Margin	-15.8%	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 Cashflow	780.8%	6,862	-1,008	-251	-1,579	2,414	-842	-85.00	-169	357	1,486	-42.00	2,362	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	11.7%	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	64,535
Cash Equivalents	5.3%	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	1,449
Liabilities	11.6%	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	56,085
Long Term Debt	-0.5%	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	2,788
Shareholder's Equity	12.6%	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	8,450
Retained Earnings	1.1%	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	7,285
Additional Paid-In Capital	0.4%	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	1,899
Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-	-	-	-	68.00	68.00	79.00	63.00	63.00	63.00	-	-
Minority Interest	0%	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	786.2%	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	481
Cashflow From Investing	-1317.3%	-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	-668
Cashflow From Financing	154.6%	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	350
Dividend Payments	0%	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	38.00
Buy Backs	16.0%	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	26.00

RGA Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions	12 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues
Net premiums	$ 15,085.0	$ 13,078.0	$ 12,513.0
Net investment income	3,591.0	3,161.0	3,138.0
Investment related gains (losses), net	(481.0)	(539.0)	567.0
Other revenues	372.0	527.0	449.0
Total revenues	18,567.0	16,227.0	16,667.0
Benefits and expenses
Claims and other policy benefits	13,872.0	11,982.0	11,673.0
Liability for Future Policy Benefit, Remeasurement Gain (Loss)	(62.0)	291.0	567.0
Market Risk Benefit, Change in Fair Value, Gain (Loss)	(10.0)	10.0	(58.0)
Interest credited	864.0	682.0	700.0
Policy acquisition costs and other insurance expenses	1,397.0	1,344.0	1,325.0
Other operating expenses	1,089.0	1,009.0	936.0
Interest expense	257.0	191.0	139.0
Total benefits and expenses	17,407.0	15,509.0	15,282.0
Income before income taxes	1,160.0	718.0	1,385.0
Provision for income taxes	251.0	197.0	215.0
Net income	909.0	521.0	1,170.0
Net income attributable to noncontrolling interest	7.0	4.0	0.0
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-NI

139

134

Mortgage loans (net of allowance for credit losses of $67 and $51)

7,377

6,590

Policy loans

1,206

1,231

Funds withheld at interest

5,683

6,003

Real Estate Investments, Joint Ventures

2,635

2,327

Short-term investments

222

154

Other invested assets

1,171

1,140

Total investments

78,900

70,480

Cash and cash equivalents

2,970

2,927

Accrued investment income

759

630

Premiums receivable and other reinsurance balances

3,528

3,013

Reinsurance ceded receivables and other

5,448

2,671

Deferred policy acquisition costs

4,617

4,128

Other assets

1,401

1,055

Total assets

97,623

84,904

Liabilities and Equity

Future policy benefits

41,231

35,689

Interest-sensitive contract liabilities

30,273

30,342

Other policy claims and benefits

2,730

2,480

Other reinsurance balances

1,103

725

Deferred income taxes

1,862

1,383

Funds Held under Reinsurance Agreements, Liability

4,483

1,486

Other liabilities

2,085

1,420

Long-term debt

4,427

3,961

Total liabilities

88,452

77,733

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)

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)

Additional paid-in-capital

2,544

2,502

Retained earnings

8,805

8,169

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’ equity

9,081

7,081

Total liabilities and stockholders’ equity

97,623

84,904

Stockholders' Equity Attributable to Noncontrolling Interest

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest

9,171

7,171

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.

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 Fri Apr 19 2024, market cap of Reinsurance Group of America Inc is 12.27 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 Apr 19 2024, RGA's PE ratio (Price to Earnings) is 13.5 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 0.108 (multiply by 100 for percentage) rate of return.