Reinsurance Group of America

Company Profile

Reinsurance Group of America had its IPO on 1993-05-04 under the ticker symbol RGA.

The company operates in the Financial Services sector and Insurance-Reinsurance industry. Reinsurance Group of America has a staff strength of 3,800 employees.

Stock update

Shares of Reinsurance Group of America opened at $142.3 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $142.06 - $145.09, and closed at $143.66.

This is a +1.27% increase from the previous day's closing price.

A total volume of 288,109 shares were traded at the close of the day’s session.

In the last one week, shares of Reinsurance Group of America have increased by +3.38%.

Reinsurance Group of America's Key Ratios

Reinsurance Group of America has a market cap of $9.39 billion, indicating a price to book ratio of 2.5315 and a price to sales ratio of 0.5621.

In the last 12-months Reinsurance Group of America’s revenue was $16.84 billion with a gross profit of $2.03 billion and an EBITDA of $1.23 billion. The EBITDA ratio measures Reinsurance Group of America's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Reinsurance Group of America’s operating margin was 7.44% while its return on assets stood at 0.9% with a return of equity of 11.34%.

In Q2, Reinsurance Group of America’s quarterly earnings growth was a positive 96.8% while revenue growth was a positive 6.5%.

Reinsurance Group of America’s PE and PEG Ratio

Forward PE

8.5397

Trailing PE

12.3142

PEG

1.57

Its diluted EPS in the last 12-months stands at $11.52 per share while it has a forward price to earnings multiple of 8.5397 and a PEG multiple of 1.57. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Reinsurance Group of America’s profitability.

Reinsurance Group of America stock is trading at a EV to sales ratio of 0.6295 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.5621.

Reinsurance Group of America stock pays annual dividends of $3.2 per share, indicating a yield of 2.38% and a payout ratio of 18.31%.

Balance sheet and cash flow metrics

Total Assets

$88.95 billion

Total Liabilities

$0

Operating Cash Flow

$-783000000.00

Capital Expenditure

$7 million

Dividend Payout Ratio

18.31%

Reinsurance Group of America ended 2024 with $88.95 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $88.95 billion while shareholder equity stood at $7.81 billion.

Reinsurance Group of America ended 2024 with $1.42 billion in deferred long-term liabilities, $0 in other current liabilities, 1000000.00 in common stock, $8.48 billion in retained earnings and $0 in goodwill. Its cash balance stood at $2.60 billion and cash and short-term investments were $58.83 billion. The company’s total short-term debt was $0 while long-term debt stood at $4.85 billion.

Reinsurance Group of America’s total current assets stands at $58.83 billion while long-term investments were $74.99 billion and short-term investments were $56.24 billion. Its net receivables were $5.99 billion compared to accounts payable of $0 and inventory worth $0.

In 2024, Reinsurance Group of America's operating cash flow was $-783000000.00 while its capital expenditure stood at $7 million.

Comparatively, Reinsurance Group of America paid $0.18 in dividends in 2024.

Other key metrics

Current Trading Price

$143.66

52-Week High

$150.8553

52-Week Low

$117.616

Analyst Target Price

$169.15

Reinsurance Group of America stock is currently trading at $143.66 per share. It touched a 52-week high of $150.8553 and a 52-week low of $150.8553. Analysts tracking the stock have a 12-month average target price of $169.15.

Its 50-day moving average was $140.06 and 200-day moving average was $140.12 The short ratio stood at 1.11 indicating a short percent outstanding of 0%.

Around 31.8% of the company’s stock are held by insiders while 9651.8% are held by institutions.