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RGA

Uncovering Key Insights on Reinsurance Company RGA

More and more people are talking about Reinsurance over the last few weeks. Is it worth buying the Life Insurance stock at a price of $197.68? Only time will tell. The information below will give you a basic idea of what this investment may entail:

  • Reinsurance has moved -1.6% over the last year, and the S&P 500 logged a change of 9.8%

  • RGA has an average analyst rating of buy and is -17.36% away from its mean target price of $239.2 per share

  • Its trailing earnings per share (EPS) is $11.85

  • Reinsurance has a trailing 12 month Price to Earnings (P/E) ratio of 16.7 while the S&P 500 average is 29.3

  • Its forward earnings per share (EPS) is $22.96 and its forward P/E ratio is 8.6

  • The company has a Price to Book (P/B) ratio of 1.15 in contrast to the S&P 500's average ratio of 4.74

  • Reinsurance is part of the Finance sector, which has an average P/E ratio of 15.92 and an average P/B of 1.78

  • RGA has reported YOY quarterly earnings growth of 35.1% and gross profit margins of 0.1%

  • The company has a free cash flow of $2.25 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter

  • Reinsurance Group of America, Incorporated provides reinsurance and financial solutions. It 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, as well as asset-intensive and financial reinsurance products; and other capital motivated solutions. The company also provides reinsurance for mortality, morbidity, lapse, and investment-related risk associated with products; and reinsurance for investment-related risks. In addition, the company develops and markets technology solutions; and offers consulting and outsourcing solutions for the insurance and reinsurance industries. It operates in the United States, Latin America, Canada, Europe, the Middle East, Africa, and the Asia Pacific. Reinsurance Group of America, Incorporated was founded in 1973 and is headquartered in Chesterfield, Missouri.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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