What is DOWLING & PARTN’s Estimate for RGA FY2027 Earnings?

Reinsurance Group of America, Incorporated (NYSE:RGA) – Stock analysts at DOWLING & PARTN boosted their FY2027 EPS estimates for shares of Reinsurance Group of America in a research report issued to clients and investors on Tuesday, November 10th. DOWLING & PARTN analyst J. Hurwitz now expects that the insurance provider will post earnings of $30.60 per share for the year, up from their previous forecast of $29.90. The consensus estimate for Reinsurance Group of America’s current full-year earnings is $30.05 per share. DOWLING & PARTN also issued estimates for Reinsurance Group of America’s FY2028 earnings at $33.10 EPS.

RGA has been the subject of a number of other research reports. TD Cowen boosted their price target on Reinsurance Group of America from $235.00 to $250.00 and gave the company a “hold” rating in a report on Wednesday, October 21st. Piper Sandler raised their price objective on Reinsurance Group of America from $274.00 to $300.00 and gave the stock an “overweight” rating in a report on Monday. Wells Fargo & Company lifted their target price on Reinsurance Group of America from $292.00 to $312.00 and gave the company an “overweight” rating in a research report on Thursday. UBS Group raised Reinsurance Group of America from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 24th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Reinsurance Group of America in a report on Wednesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $281.12.

Reinsurance Group of America Stock Performance

Reinsurance Group of America stock opened at $273.76 on Friday. The company has a 50 day moving average price of $257.08 and a 200-day moving average price of $227.85. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.14 and a current ratio of 0.16. Reinsurance Group of America has a fifty-two week low of $182.73 and a fifty-two week high of $277.15. The company has a market capitalization of $17.81 billion, a PE ratio of 8.51 and a beta of 0.43.

Reinsurance Group of America (NYSE:RGA) last issued its earnings results on Thursday, November 5th. The insurance provider reported $8.49 EPS for the quarter, topping analysts’ consensus estimates of $6.97 by $1.52. The business had revenue of $7.55 billion for the quarter, compared to the consensus estimate of $6.69 billion. Reinsurance Group of America had a net margin of 6.26% and a return on equity of 16.18%. During the same period in the prior year, the firm earned $6.37 EPS.

Reinsurance Group of America Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Tuesday, November 17th will be paid a dividend of $0.98 per share. The ex-dividend date is Tuesday, November 17th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.4%. Reinsurance Group of America’s dividend payout ratio (DPR) is currently 15.15%.

Hedge Funds Weigh In On Reinsurance Group of America

Institutional investors have recently bought and sold shares of the business. Clal Insurance Enterprises Holdings Ltd bought a new position in Reinsurance Group of America in the third quarter worth approximately $29,000. Balance Wealth Partners LLC purchased a new stake in Reinsurance Group of America during the third quarter worth $30,000. Reyes Financial Architecture Inc. purchased a new stake in Reinsurance Group of America during the third quarter worth $38,000. Kelly Lawrence W & Associates Inc. CA bought a new stake in Reinsurance Group of America during the 2nd quarter valued at $53,000. Finally, Fortitude Family Office LLC boosted its position in Reinsurance Group of America by 62.7% during the 3rd quarter. Fortitude Family Office LLC now owns 249 shares of the insurance provider’s stock valued at $61,000 after acquiring an additional 96 shares in the last quarter. 95.11% of the stock is owned by hedge funds and other institutional investors.

Reinsurance Group of America Company Profile

Reinsurance Group of America, Incorporated (RGA) is a global life and health reinsurer. It works with insurance companies to help them manage risks and support the development and distribution of insurance products. Its services include life and health reinsurance, as well as solutions involving longevity risk and asset-intensive reinsurance. RGA also provides underwriting expertise, data and analytics, and product and risk-management support to its clients. Founded in 1973, RGA serves clients across North America, Latin America, Europe, the Middle East and Africa, and Asia Pacific.