JPMorgan Chase & Co. Issues Positive Forecast for Reinsurance Group of America (NYSE:RGA) Stock Price

Reinsurance Group of America (NYSE:RGA) had its price target upped by JPMorgan Chase & Co. from $264.00 to $270.00 in a report published on Thursday,Benzinga reports. The brokerage currently has an overweight rating on the insurance provider’s stock.

RGA has been the topic of a number of other research reports. UBS Group increased their price target on Reinsurance Group of America from $216.00 to $220.00 and gave the company a “neutral” rating in a research note on Thursday, April 9th. Barclays raised their price objective on Reinsurance Group of America from $245.00 to $256.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 8th. TD Cowen reaffirmed a “hold” rating on shares of Reinsurance Group of America in a research note on Wednesday, January 28th. Wall Street Zen downgraded Reinsurance Group of America from a “buy” rating to a “hold” rating in a research note on Saturday, April 11th. Finally, Wells Fargo & Company raised their price objective on Reinsurance Group of America from $238.00 to $261.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 25th. Six investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $249.29.

Reinsurance Group of America Trading Down 2.2%

Shares of RGA stock traded down $4.62 during trading hours on Thursday, reaching $208.20. The company had a trading volume of 407,706 shares, compared to its average volume of 378,884. The company has a 50 day moving average of $207.78 and a 200 day moving average of $202.17. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.14 and a quick ratio of 0.14. The firm has a market cap of $13.64 billion, a price-to-earnings ratio of 11.73 and a beta of 0.50. Reinsurance Group of America has a 1-year low of $165.52 and a 1-year high of $229.21.

Reinsurance Group of America (NYSE:RGA) last posted its quarterly earnings results on Thursday, May 7th. The insurance provider reported $6.97 earnings per share for the quarter, beating analysts’ consensus estimates of $6.03 by $0.94. The company had revenue of $6.49 billion for the quarter, compared to the consensus estimate of $6.47 billion. Reinsurance Group of America had a return on equity of 12.99% and a net margin of 4.99%.The firm’s quarterly revenue was up 23.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $5.66 EPS. On average, equities research analysts anticipate that Reinsurance Group of America will post 26.27 EPS for the current year.

Reinsurance Group of America Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 19th will be issued a dividend of $0.93 per share. This represents a $3.72 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Tuesday, May 19th. Reinsurance Group of America’s dividend payout ratio is 20.96%.

Hedge Funds Weigh In On Reinsurance Group of America

Large investors have recently added to or reduced their stakes in the company. Millstone Evans Group LLC increased its holdings in Reinsurance Group of America by 82.4% during the 3rd quarter. Millstone Evans Group LLC now owns 135 shares of the insurance provider’s stock worth $26,000 after purchasing an additional 61 shares in the last quarter. Activest Wealth Management bought a new position in Reinsurance Group of America during the 4th quarter worth about $30,000. Root Financial Partners LLC bought a new position in Reinsurance Group of America during the 3rd quarter worth about $33,000. Tobam increased its holdings in Reinsurance Group of America by 244.7% during the 4th quarter. Tobam now owns 162 shares of the insurance provider’s stock worth $33,000 after purchasing an additional 115 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new position in Reinsurance Group of America during the 4th quarter worth about $35,000. Institutional investors own 95.11% of the company’s stock.

More Reinsurance Group of America News

Here are the key news stories impacting Reinsurance Group of America this week:

• Positive Sentiment: Q1 beat — RGA reported $6.97 EPS and $6.49B revenue, topping consensus and showing ~23.5% year-over-year revenue growth; management cited higher investment income and Financial Solutions growth as drivers. RGA Q1 Earnings & Revenues Top Estimates on Higher Investment Income
• Positive Sentiment: Analyst upgrade/target raise — JPMorgan raised its price target to $270 and kept an Overweight rating, signaling analyst confidence in upside from current levels. Benzinga
• Positive Sentiment: Dividend declared — RGA announced a quarterly dividend of $0.93/share (annualized yield ~1.8%), ex-dividend May 19, supporting income-focused investors and signaling capital return discipline.
• Neutral Sentiment: Multiple recaps/analysis — Media outlets and analyst notes (MarketBeat, Yahoo, MSN, Zacks follow-ups) provide conference-call materials and metric breakdowns for investors digging into segments, reserves and investment results. Reinsurance Group of America Reports First Quarter Results
• Neutral Sentiment: Peer comparison piece — a head?to?head survey article contrasts RGA with NN Group; useful for relative valuation and strategy context but not an immediate company-specific catalyst. NN Group vs. Reinsurance Group of America Head to Head Survey
• Negative Sentiment: Market reaction — despite the beat and a raised target, shares declined today, suggesting short-term profit-taking or that investors are awaiting forward guidance / reserve/investment detail beyond headline beats.

About Reinsurance Group of America

Reinsurance Group of America, Incorporated (NYSE: RGA) is a leading global provider of life and health reinsurance solutions. Headquartered in St. Louis, Missouri, RGA partners with primary insurance companies to help them manage risk, improve capital efficiency and develop innovative products. The company’s offerings span traditional risk transfer, financial solutions and facultative underwriting services, enabling clients to address a wide range of mortality, longevity, morbidity and critical-illness exposures.

RGA’s product suite includes life reinsurance, living benefits reinsurance, structured reinsurance and financial solutions that support product innovation and capital management.