Wall Street brokerages expect that Reinsurance Group of America, Incorporated (NYSE:RGA) will post $2.57 earnings per share for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for Reinsurance Group of America,’s earnings. The highest EPS estimate is $2.65 and the lowest is $2.50. Reinsurance Group of America, posted earnings of $2.46 per share during the same quarter last year, which indicates a positive year over year growth rate of 4.5%. The business is scheduled to report its next quarterly earnings report on Wednesday, October 25th.

According to Zacks, analysts expect that Reinsurance Group of America, will report full-year earnings of $10.16 per share for the current fiscal year, with EPS estimates ranging from $10.01 to $10.30. For the next financial year, analysts expect that the firm will post earnings of $10.69 per share, with EPS estimates ranging from $10.48 to $10.80. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that that provide coverage for Reinsurance Group of America,.

Reinsurance Group of America, (NYSE:RGA) last released its quarterly earnings results on Thursday, July 27th. The insurance provider reported $2.95 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.44 by $0.51. Reinsurance Group of America, had a net margin of 6.33% and a return on equity of 8.48%. The business had revenue of $3.13 billion for the quarter, compared to the consensus estimate of $3 billion. During the same period last year, the firm earned $2.80 earnings per share. The company’s quarterly revenue was up 3.0% on a year-over-year basis.

Several brokerages have commented on RGA. Zacks Investment Research upgraded shares of Reinsurance Group of America, from a “sell” rating to a “hold” rating in a research note on Wednesday, June 28th. Royal Bank Of Canada restated a “hold” rating and set a $127.00 price objective on shares of Reinsurance Group of America, in a research note on Friday, April 28th. Wells Fargo & Company restated a “hold” rating on shares of Reinsurance Group of America, in a research note on Friday, April 28th. Keefe, Bruyette & Woods restated a “hold” rating and set a $137.00 price objective on shares of Reinsurance Group of America, in a research note on Thursday, August 3rd. Finally, Jefferies Group LLC decreased their price objective on shares of Reinsurance Group of America, from $80.00 to $77.00 and set a “hold” rating for the company in a research note on Monday, May 1st. Eight analysts have rated the stock with a hold rating and two have given a buy rating to the company. Reinsurance Group of America, has an average rating of “Hold” and an average target price of $125.89.

In related news, EVP William L. Hutton sold 4,339 shares of the business’s stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of $140.42, for a total value of $609,282.38. Following the completion of the transaction, the executive vice president now directly owns 18,624 shares in the company, valued at approximately $2,615,182.08. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Christine Rose Detrick sold 750 shares of the business’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $139.50, for a total transaction of $104,625.00. Following the completion of the transaction, the director now owns 4,682 shares of the company’s stock, valued at $653,139. The disclosure for this sale can be found here. Insiders own 1.47% of the company’s stock.

Several institutional investors have recently bought and sold shares of RGA. UBS Asset Management Americas Inc. boosted its position in Reinsurance Group of America, by 99.5% in the fourth quarter. UBS Asset Management Americas Inc. now owns 147,863 shares of the insurance provider’s stock valued at $18,604,000 after buying an additional 73,733 shares in the last quarter. Stifel Financial Corp boosted its position in Reinsurance Group of America, by 132.8% in the first quarter. Stifel Financial Corp now owns 7,532 shares of the insurance provider’s stock valued at $962,000 after buying an additional 4,297 shares in the last quarter. Quadrature Capital Ltd purchased a new position in Reinsurance Group of America, during the fourth quarter valued at about $269,000. Israel Discount Bank of New York purchased a new position in Reinsurance Group of America, during the first quarter valued at about $125,000. Finally, Oregon Public Employees Retirement Fund boosted its position in Reinsurance Group of America, by 61.7% in the first quarter. Oregon Public Employees Retirement Fund now owns 36,432 shares of the insurance provider’s stock valued at $4,626,000 after buying an additional 13,900 shares in the last quarter. Hedge funds and other institutional investors own 92.60% of the company’s stock.

Reinsurance Group of America, (RGA) opened at 138.74 on Tuesday. The firm has a 50-day moving average of $130.95 and a 200 day moving average of $127.70. The company has a market capitalization of $8.95 billion, a P/E ratio of 11.82 and a beta of 0.83. Reinsurance Group of America, has a 52-week low of $99.01 and a 52-week high of $140.97.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 29th. Investors of record on Tuesday, August 8th will be paid a $0.50 dividend. This is a boost from Reinsurance Group of America,’s previous quarterly dividend of $0.41. This represents a $2.00 annualized dividend and a dividend yield of 1.44%. The ex-dividend date is Friday, August 4th. Reinsurance Group of America,’s payout ratio is currently 17.02%.

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About Reinsurance Group of America,

Reinsurance Group of America, Incorporated (RGA) is an insurance holding company. The Company provides traditional life and health reinsurance and financial solutions with operations in the United States, Latin America, Canada, Europe, Africa, Asia and Australia. It has geographic-based and business-based operational segments, including U.S.

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