Reinsurance Group Of America, Inc [RGA] stock prices are up 1.71% to $204.71 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RGA shares have lost -3.13% over the last week, with a monthly amount drifted -9.91%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Reinsurance Group Of America, Inc [NYSE: RGA] stock has seen the most recent analyst activity on October 09, 2024, when TD Cowen initiated its Hold rating and assigned the stock a price target of $235. Previously, Barclays started tracking the stock with Overweight rating on September 05, 2024, and set its price target to $255. On December 11, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $189 on the stock. Jefferies downgraded its rating to a Hold and decreased its price target to $160 on June 23, 2023. Raymond James initiated its recommendation with a Strong Buy and recommended $199 as its price target on June 07, 2023. Wells Fargo started tracking with a Overweight rating for this stock on April 25, 2023, and assigned it a price target of $163. In a note dated March 15, 2023, Citigroup upgraded an Buy rating on this stock and boosted its target price from $133 to $158.
The stock price of Reinsurance Group Of America, Inc [RGA] has been fluctuating between $159.82 and $233.81 over the past year. Currently, Wall Street analysts expect the stock to reach $242.67 within the next 12 months. Reinsurance Group Of America, Inc [NYSE: RGA] shares were valued at $204.71 at the most recent close of the market. An investor can expect a potential return of 18.54% based on the average RGA price forecast.
Analyzing the RGA fundamentals
The Reinsurance Group Of America, Inc [NYSE:RGA] reported sales of 21.87B for trailing twelve months, representing a surge of 8.68%. Gross Profit Margin for this corporation currently stands at 0.95% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.07 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.46.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 202.34 points at the first support level, and at 199.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 206.99, and for the 2nd resistance point, it is at 209.27.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 0.62, the price to book ratio is 1.21 and price to earnings (TTM) ratio is 18.85.
Transactions by insiders
Recent insider trading involved HUTTON WILLIAM L, EVP, General Counsel & Secy., that happened on Sep 23 ’24 when 1209.0 shares were sold. Officer, HUTTON WILLIAM L completed a deal on Sep 23 ’24 to buy 1209.0 shares. Meanwhile, EVP, Controller Hayden John W. sold 1767.0 shares on May 14 ’24.
