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

Reinsurance Group of America, Incorporated (NYSE:RGA) – Analysts at DOWLING & PARTN boosted their FY2027 EPS estimates for shares of Reinsurance Group of America in a research report issued on Tuesday, October 13th. DOWLING & PARTN analyst J. Hurwitz now expects that the insurance provider will post earnings of $29.90 per share for the year, up from their prior forecast of $29.50. The consensus estimate for Reinsurance Group of America’s current full-year earnings is $29.73 per share. DOWLING & PARTN also issued estimates for Reinsurance Group of America’s FY2028 earnings at $32.40 EPS.

Reinsurance Group of America (NYSE:RGA) last issued its quarterly earnings data on Thursday, August 6th. The insurance provider reported $8.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.50 by $2.39. The firm had revenue of $6.64 billion during the quarter, compared to analysts’ expectations of $6.67 billion. Reinsurance Group of America had a return on equity of 14.78% and a net margin of 5.81%. Reinsurance Group of America’s revenue was up 18.5% on a year-over-year basis. During the same period in the previous year, the firm posted $4.72 earnings per share.

A number of other brokerages have also issued reports on RGA. UBS Group upgraded shares of Reinsurance Group of America from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 24th. Wells Fargo & Company lifted their price target on Reinsurance Group of America from $291.00 to $292.00 and gave the stock an “overweight” rating in a research note on Monday. Morgan Stanley upgraded Reinsurance Group of America from an “equal weight” rating to an “overweight” rating and set a $295.00 price target for the company in a research note on Monday, September 28th. JPMorgan Chase & Co. boosted their price objective on Reinsurance Group of America from $293.00 to $297.00 and gave the company an “overweight” rating in a report on Thursday. Finally, TD Cowen upped their price objective on Reinsurance Group of America from $212.00 to $235.00 and gave the company a “hold” rating in a research note on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $268.33.

Reinsurance Group of America Stock Up 1.3%

Shares of Reinsurance Group of America stock opened at $264.49 on Friday. Reinsurance Group of America has a twelve month low of $178.21 and a twelve month high of $265.41. The stock has a market cap of $17.27 billion, a price-to-earnings ratio of 8.71 and a beta of 0.45. The company has a current ratio of 0.14, a quick ratio of 0.14 and a debt-to-equity ratio of 0.41. The company has a fifty day moving average price of $248.91 and a 200 day moving average price of $227.56.

Reinsurance Group of America Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 18th were given a $0.98 dividend. This is a positive change from Reinsurance Group of America’s previous quarterly dividend of $0.93. This represents a $3.92 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Tuesday, August 18th. Reinsurance Group of America’s payout ratio is presently 17.22%.

Insider Buying and Selling

In other news, EVP Jonathan Porter sold 8,589 shares of the company’s stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $246.30, for a total transaction of $2,115,470.70. Following the completion of the transaction, the executive vice president directly owned 14,885 shares in the company, valued at $3,666,175.50. The trade was a 36.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.60% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Tobam grew its position in shares of 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 buying an additional 115 shares during the period. Whipplewood Advisors LLC increased its stake in shares of Reinsurance Group of America by 4,400.0% in the 1st quarter. Whipplewood Advisors LLC now owns 225 shares of the insurance provider’s stock valued at $46,000 after acquiring an additional 220 shares during the last quarter. Millstone Evans Group LLC raised its position in shares of Reinsurance Group of America by 77.0% in the 1st quarter. Millstone Evans Group LLC now owns 239 shares of the insurance provider’s stock valued at $49,000 after acquiring an additional 104 shares during the period. Wick Capital Partners LLC acquired a new stake in shares of Reinsurance Group of America in the 4th quarter valued at approximately $51,000. Finally, Fortitude Family Office LLC raised its position in shares of Reinsurance Group of America by 62.7% in 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 during the period. Institutional investors own 95.11% of the company’s stock.

Reinsurance Group of America Company Profile

Reinsurance Group of America, Incorporated (NYSE:RGA) is a global provider of life and health reinsurance. The company helps insurance organizations manage mortality, longevity, morbidity and other insurance risks by assuming portions of their business and providing capital, risk-management expertise and specialized underwriting support.

RGA offers traditional reinsurance and financial solutions for individual life insurance, group life and health coverage, retirement and annuity products, long-term care and disability insurance.