Reinsurance Group of America (NYSE:RGA) is set to issue its quarterly earnings data after the market closes on Monday, January 29th. Analysts expect the company to announce earnings of $2.83 per share for the quarter.
Reinsurance Group of America (NYSE:RGA) last announced its quarterly earnings data on Thursday, October 26th. The insurance provider reported $3.44 earnings per share for the quarter, beating analysts’ consensus estimates of $2.62 by $0.82. The firm had revenue of $3.15 billion during the quarter, compared to analysts’ expectations of $3.08 billion. Reinsurance Group of America had a net margin of 6.44% and a return on equity of 9.32%. The business’s quarterly revenue was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.46 earnings per share. On average, analysts expect Reinsurance Group of America to post $11 EPS for the current fiscal year and $12 EPS for the next fiscal year.
Reinsurance Group of America (NYSE:RGA) opened at $162.45 on Monday. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.34. The firm has a market cap of $10,462.43, a P/E ratio of 13.37, a P/E/G ratio of 1.47 and a beta of 0.82. Reinsurance Group of America has a twelve month low of $121.93 and a twelve month high of $165.12.
In other news, Director Christine Rose Detrick sold 659 shares of the business’s stock in a transaction that occurred on Tuesday, October 31st. The shares were sold at an average price of $149.50, for a total transaction of $98,520.50. Following the completion of the sale, the director now owns 4,023 shares in the company, valued at approximately $601,438.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP John P. Laughlin, Jr. sold 500 shares of the business’s stock in a transaction that occurred on Tuesday, December 26th. The stock was sold at an average price of $155.60, for a total transaction of $77,800.00. Following the sale, the executive vice president now owns 26,777 shares of the company’s stock, valued at approximately $4,166,501.20. The disclosure for this sale can be found here. Insiders sold 2,159 shares of company stock valued at $326,281 in the last quarter. 1.47% of the stock is owned by insiders.
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.
Receive News & Ratings for Reinsurance Group of America Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reinsurance Group of America and related companies with MarketBeat.com's FREE daily email newsletter.