Reinsurance Group of America (RGA) Projected to Post Earnings on Thursday

Reinsurance Group of America (NYSE:RGA) is anticipated to post its quarterly earnings results after the market closes on Thursday, February 6th. Analysts expect Reinsurance Group of America to post earnings of $5.28 per share and revenue of $5.55 billion for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Reinsurance Group of America Stock Up 0.1 %

Reinsurance Group of America stock opened at $228.09 on Tuesday. The firm has a 50 day moving average price of $219.28 and a 200-day moving average price of $217.12. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.45. Reinsurance Group of America has a twelve month low of $165.38 and a twelve month high of $233.81. The company has a market capitalization of $15.02 billion, a P/E ratio of 20.94 and a beta of 0.93.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on RGA. Barclays lowered their target price on shares of Reinsurance Group of America from $255.00 to $252.00 and set an “overweight” rating on the stock in a report on Monday, January 6th. Wells Fargo & Company increased their price objective on Reinsurance Group of America from $239.00 to $244.00 and gave the stock an “overweight” rating in a report on Thursday, October 10th. JPMorgan Chase & Co. lifted their target price on Reinsurance Group of America from $227.00 to $232.00 and gave the company a “neutral” rating in a report on Tuesday, January 7th. Royal Bank of Canada raised their price objective on shares of Reinsurance Group of America from $235.00 to $245.00 and gave the company an “outperform” rating in a research report on Monday, November 4th. Finally, StockNews.com raised shares of Reinsurance Group of America from a “hold” rating to a “buy” rating in a report on Thursday, October 17th. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $228.31.

About Reinsurance Group of America

Reinsurance Group of America, Incorporated engages in reinsurance business. The company offers individual and group life and health insurance products, such as term life, credit life, universal life, whole life, group life and health, joint and last survivor insurance, critical illness, disability, and longevity products; asset-intensive and financial reinsurance products; and other capital motivated solutions.