Latest news with #ReinsuranceGroupofAmerica
Business Wire
7 days ago
- Business
- Business Wire
Reinsurance Group of America Ranked #196 on the 2025 Fortune 500 List
ST. LOUIS--(BUSINESS WIRE)-- Reinsurance Group of America, Incorporated (NYSE: RGA), a leading global life and health reinsurer, announced today it has been ranked #196 on the 2025 Fortune 500 list, moving up 27 positions from its 2024 rank and breaking into the top 200 for the first time. The annual list, which ranks US-based companies by total revenue, appears in the June/July issue of Fortune magazine. This achievement, made possible by our incomparable team in the US and worldwide, underscores our strong momentum. Share 'RGA's ascent to the top 200 in the Fortune 500 rankings signifies more than growth—it illustrates our enduring commitment to empower financial security and peace of mind globally,' said Tony Cheng, President and CEO, RGA. 'This achievement, made possible by our incomparable team in the US and worldwide, underscores our strong momentum. By focusing on client relationships and innovative solutions, we continue to lead the way in expanding financial protection and delivering value to our clients and stakeholders.' As the only global reinsurer exclusively dedicated to life and health, RGA has consistently expanded its reach and influence. RGA premiered on the Fortune 500 ranking in 2010 at #321 and has significantly improved its position, rising 125 spots since its debut. RGA's growth underscores its mission-driven approach and commitment to providing meaningful financial solutions that support individuals and families worldwide. About RGA Reinsurance Group of America, Incorporated (NYSE: RGA) is a global industry leader specializing in life and health reinsurance and financial solutions that help clients effectively manage risk and optimize capital. Founded in 1973, RGA is today one of the world's largest and most respected reinsurers and remains guided by a powerful purpose: to make financial protection accessible to all. As a global capabilities and solutions leader, RGA empowers partners through bold innovation, relentless execution, and dedicated client focus — all directed toward creating sustainable long-term value. RGA has approximately $4.0 trillion of life reinsurance in force and assets of $128.2 billion as of March 31, 2025. To learn more about RGA and its businesses, please visit or follow RGA on LinkedIn and Facebook. Investors can learn more at
Yahoo
22-04-2025
- Business
- Yahoo
Reinsurance Group of America (RGA): Among Small Cap Financial Stocks Hedge Funds Are Buying
We recently published a list of . In this article, we are going to take a look at where Reinsurance Group of America, Incorporated (NYSE:RGA) stands against other small cap financial stocks hedge funds are buying. Much like other sectors of the economy, the financial and banking sector is likely to take a hit from the tariff uncertainty and recession fears. On April 8th, Reuters reported that the bank earnings season will likely shift from profit-making banks to losses. Mike Mayo, who is an analyst at Wells Fargo noted that the bank's earning season will unveil the largest effect of tariffs in the coming quarters because banks will have to set aside higher reserves for loan losses due to recession fears. Moreover, Stephen Biggar, director of financial institutions at Argus Research, noted that banks are a direct reflection of the economy, therefore as the market slows down, this sector could be the one to take the hardest hits. To talk about the impact of tariffs on the banking sector Suryansh Sharma, senior equity analyst at Morningstar joined Yahoo Finance for an interview on April 10. He noted that the tariffs were substantially aggressive compared to what the market expected. This aggressiveness was in terms of the breadth of countries and products these tariffs targeted. Although the policy is on pause for 90 days, however, the uncertainty is far from over. Sharma believes that if these tariffs continue to stay in effect, they will be harmful to the US economy. This is important for the banking sector as the sector is tied closely to the macroeconomic performance of the United States. Therefore if the economy is not doing well, the banking and financial sector will not perform well. Sharma further elaborated on the impact of tariffs. He highlighted that if the tariffs stay in place, the macroeconomic conditions are likely to get worse, which can lead the economy towards a recession, meaning that the Fed will cut rates faster than expected. While many sectors benefit from lower interest rates, the banking sector does not. Lower interest rates mean contracting net interest income for asset management and banking stocks. Moreover, given the high levels of uncertainty, loan growth is also anticipated to head downwards, thereby impacting the overall Merger and Acquisition activity. Sharma highlighted that the market anticipated that the Trump administration would result in a lot of M&A activity leading to a banking sector boom, however, the current situation points towards a banking sector bust. Lastly, the analyst highlighted that Morningstar believes that the banking sector is still undervalued compared to other sectors, however, very slightly undervalued. Therefore, he suggests investors be very selective in choosing the banks they want to invest in. He likes financial stocks that have strong fee-generating capabilities and are comparatively more undervalued than their fair value. To compile the list of 15 small-cap financial stocks hedge funds are buying, we used the Finviz Stock Screener and Insider Monkey's Q4 2024 hedge funds database. Using the screener we aggregated a list of financial services stocks that are trading at a market cap of at least $10 billion. For the purpose of this article, we are defining small-cap financial services stocks as those that trade between a market cap of $10 billion and $20 billion. Next, after cross-checking the market capitalization from Yahoo Finance, we ranked the stocks in ascending order of the number of hedge fund holders. In cases where two or more stocks were held by an equal number of hedge funds, we used the market cap as a tiebreaker. Please note that the data was collected on April 18, 2025. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). An individual signing the dotted line for a life insurance policy. Reinsurance Group of America, Incorporated (NYSE:RGA) is an international insurance holding company that specializes in health and life reinsurance and other financial services. It provides its clients with reinsurance products that cover life, health, disability, and long-term care. On April 2, JPMorgan upgraded the stock from Neutral to Overweight with a price target of $237, up from $232. The firm noted that the upgrade is based on the earnings expectations from the Equitable Holdings deal, followed by Reinsurance Group of America, Incorporated's (NYSE:RGA) defensive risk portfolio, and an overall attractive valuation. Moreover, during fiscal 2024, the company achieved a record Return on Investment of 15.4%, which exceeded the company's intermediate target. This was driven by record operating earnings and a significant capital deployment for transactions. The Asian traditional business market remained one of the strongest growth contributors. Reinsurance Group of America, Incorporated (NYSE:RGA) has expanded its presence in Asia, especially in Hong Kong and China. It is one of the small-cap financial stocks hedge funds are buying. Overall, RGA ranks 9th on our list of small cap financial stocks hedge funds are buying. While we acknowledge the potential of RGA to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than RGA but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
Yahoo
27-03-2025
- Business
- Yahoo
Are Reinsurance Group of America, Incorporated's (NYSE:RGA) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
With its stock down 5.5% over the past three months, it is easy to disregard Reinsurance Group of America (NYSE:RGA). However, the company's fundamentals look pretty decent, and long-term financials are usually aligned with future market price movements. Specifically, we decided to study Reinsurance Group of America's ROE in this article. ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In simpler terms, it measures the profitability of a company in relation to shareholder's equity. The formula for return on equity is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Reinsurance Group of America is: 6.6% = US$724m ÷ US$11b (Based on the trailing twelve months to December 2024). The 'return' is the yearly profit. Another way to think of that is that for every $1 worth of equity, the company was able to earn $0.07 in profit. See our latest analysis for Reinsurance Group of America So far, we've learned that ROE is a measure of a company's profitability. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes. On the face of it, Reinsurance Group of America's ROE is not much to talk about. Next, when compared to the average industry ROE of 15%, the company's ROE leaves us feeling even less enthusiastic. Although, we can see that Reinsurance Group of America saw a modest net income growth of 5.1% over the past five years. So, the growth in the company's earnings could probably have been caused by other variables. For instance, the company has a low payout ratio or is being managed efficiently. Next, on comparing with the industry net income growth, we found that Reinsurance Group of America's reported growth was lower than the industry growth of 12% over the last few years, which is not something we like to see. Earnings growth is a huge factor in stock valuation. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. This then helps them determine if the stock is placed for a bright or bleak future. If you're wondering about Reinsurance Group of America's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry. Reinsurance Group of America has a three-year median payout ratio of 31%, which implies that it retains the remaining 69% of its profits. This suggests that its dividend is well covered, and given the decent growth seen by the company, it looks like management is reinvesting its earnings efficiently. Additionally, Reinsurance Group of America has paid dividends over a period of at least ten years which means that the company is pretty serious about sharing its profits with shareholders. Our latest analyst data shows that the future payout ratio of the company is expected to drop to 15% over the next three years. Accordingly, the expected drop in the payout ratio explains the expected increase in the company's ROE to 14%, over the same period. Overall, we feel that Reinsurance Group of America certainly does have some positive factors to consider. Namely, its respectable earnings growth, which it achieved due to it retaining most of its profits. However, given the low ROE, investors may not be benefitting from all that reinvestment after all. Having said that, looking at the current analyst estimates, we found that the company's earnings are expected to gain momentum. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
14-02-2025
- Business
- Yahoo
Three Days Left To Buy Reinsurance Group of America, Incorporated (NYSE:RGA) Before The Ex-Dividend Date
It looks like Reinsurance Group of America, Incorporated (NYSE:RGA) is about to go ex-dividend in the next 3 days. Typically, the ex-dividend date is one business day before the record date which is the date on which a company determines the shareholders eligible to receive a dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. This means that investors who purchase Reinsurance Group of America's shares on or after the 18th of February will not receive the dividend, which will be paid on the 4th of March. The company's next dividend payment will be US$0.89 per share. Last year, in total, the company distributed US$3.56 to shareholders. Calculating the last year's worth of payments shows that Reinsurance Group of America has a trailing yield of 1.7% on the current share price of US$204.50. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. We need to see whether the dividend is covered by earnings and if it's growing. Check out our latest analysis for Reinsurance Group of America Dividends are usually paid out of company profits, so if a company pays out more than it earned then its dividend is usually at greater risk of being cut. Fortunately Reinsurance Group of America's payout ratio is modest, at just 32% of profit. When a company paid out less in dividends than it earned in profit, this generally suggests its dividend is affordable. The lower the % of its profit that it pays out, the greater the margin of safety for the dividend if the business enters a downturn. Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Businesses with shrinking earnings are tricky from a dividend perspective. If business enters a downturn and the dividend is cut, the company could see its value fall precipitously. That's why it's not ideal to see Reinsurance Group of America's earnings per share have been shrinking at 4.7% a year over the previous five years. Many investors will assess a company's dividend performance by evaluating how much the dividend payments have changed over time. Reinsurance Group of America has delivered 11% dividend growth per year on average over the past 10 years. From a dividend perspective, should investors buy or avoid Reinsurance Group of America? Earnings per share have shrunk noticeably in recent years, although we like that the company has a low payout ratio. This could suggest a cut to the dividend may not be a major risk in the near future. At best we would put it on a watch-list to see if business conditions improve, as it doesn't look like a clear opportunity right now. If you're not too concerned about Reinsurance Group of America's ability to pay dividends, you should still be mindful of some of the other risks that this business faces. To help with this, we've discovered 1 warning sign for Reinsurance Group of America that you should be aware of before investing in their shares. Generally, we wouldn't recommend just buying the first dividend stock you see. Here's a curated list of interesting stocks that are strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
08-02-2025
- Business
- Yahoo
Reinsurance Group of America Full Year 2024 Earnings: Misses Expectations
Revenue: US$22.1b (up 19% from FY 2023). Net income: US$717.0m (down 21% from FY 2023). Profit margin: 3.2% (down from 4.9% in FY 2023). The decrease in margin was driven by higher expenses. EPS: US$10.89 (down from US$13.61 in FY 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 3.3%. Earnings per share (EPS) also missed analyst estimates by 21%. The primary driver behind last 12 months revenue was the U.S. and Latin America - Traditional segment contributing a total revenue of US$8.43b (38% of total revenue). Notably, cost of sales worth US$19.6b amounted to 88% of total revenue thereby underscoring the impact on how RGA's revenue and expenses shape its earnings. Looking ahead, revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Insurance industry in the US. Performance of the American Insurance industry. The company's shares are down 8.5% from a week ago. What about risks? Every company has them, and we've spotted 1 warning sign for Reinsurance Group of America you should know about. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
