Reinsurance Group of America Incorporated (RGA): Detailed Summary on Financial Stock


Reinsurance Group of America Incorporated (NYSE:RGA) changes shares on Tuesday trading session, with a change of -0.41% or -$0.35 shares. The trading starts at $85.02 and closed at $85.08 throughout the day. The trading session low price was $84.25 and day high was $86.09 on Tuesday, August 04. After the session, the Financial sector daily volume shifted to 0.58 million while its average volume is 925.65K. In other hand, the RGA market cap reached to $5.68B. While, its current target price is $99.44.

On July 7, 2020, BRIEF-De Goudse To Purchase Leidsche From Reinsurance Group of America. According to the news reported on Reuters, * REINSURANCE GROUP OF AMERICA INC – AGREED TO SELL LEIDSCHE VERZEKERING MAATSCHAPPIJ N.V. TO DE GOUDSE N.V.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -1.67% and up 11.15% for month. Its quarterly performance was -15.27% below, while its half year performance is down -43.16%. RGA yearly performance stood at negative -42.52% and fall -48.04% for year-to-date. Current recommendation for Reinsurance Group of America Incorporated is 2.70.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. RGA EPS (TTM) for 12-month is 9.59. EPS for this year is 35.60%, while for the next year its value is 12.37. Sales growth for the current quarter is 1.14 while its EPS Q/Q reached -152.80%. It has an EPS of 6.90% up for past five years and for the next five years will be up 7.75%.

Let’s take a look on the analyst recommendations on RGA for the current month and previous month. For the current month, 3 of 10 analysts recommend stock as Buy while 1 as Sell, 0 as overweight, 0 as underweight and 6 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $80.00 – $122.00. Average target price for RGA was reached at $100.00.

The insider ownership moved to 0.50% and institutional holding shifted to 88.70%.

The company posted an EPS (TTM) of 9.59. According to the most recent quarter report on (Sep 2020), 10 analysts estimated an average EPS of 1.74, while 4.02 EPS posted a year ago period. Analyst Estimated EPS for RGA published in the report was $0.69 – $2.7 during the same period. Comparing with last year, the average estimated EPS was 4.02 which is higher than 1.36 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for RGA fall -30.11% for period of 200 days. SMA for 50 days was 0.28% which is showing green signal, while SMA-20 was 4.60%. The moving average value for Reinsurance Group of America Incorporated (RGA) is 2.26M and 3.89% for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in RGA stock. On Mar 18, Sievert Frederick James, Director, sold 960 trading shares at the cost of $65.77, which valued at 63139.0. On Jan 31, Guinn Patricia Lynn, Director, bought 2,000 shares at the cost of $144.29, with total shares of 3,949. On Nov 27, Laughlin John P Jr, EVP, sold 2,000 shares at the cost of 167.60. After this transaction, Laughlin John P Jr total shares reached to 32,097 which valued at 0.34 million.