Alert: New Earnings Report (11/2/23)-Reinsurance Group of America Inc (NYSE: RGA).


For its third fiscal quarter (ending September 30), Reinsurance Group of America Inc (NYSE: RGA) has reported E.P.S. of $4.34 compared to $-1.13 a year ago. Relative to the consensus estimate of $4.29, this was a premium of $0.05. For the latest four quarters through September 30, E.P.S. were $15.55 compared to $5.69 a year ago — an increase of 173%.


Recent Price Action

Reinsurance Group of America Inc (NYSE: RGA) stock rose slightly by 0.2% on 11/2/23. The stock closed at $148.76. Relative to the market the stock has been strong over the last nine months and has risen 1.9% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, RGA is expected to continue to be a major Value Builder.

Reinsurance Group of America has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Reinsurance Group of America has a poor Appreciation Score of 27 but a good Power Rating of 82, producing the Neutral Value Trend Rating.

Rating Review

In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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