Reinsurance Group Of America, Inc. (NYSE: RGA) is 37.84% higher on its value in year-to-date trading and has touched a low of $135.07 and a high of $227.28 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RGA stock was last observed hovering at around $225.43 in the last trading session, with the day’s loss setting it -2.43%.
Currently trading at $223.00, the stock is 3.81% and 6.29% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.28 million and changing -1.08% at the moment leaves the stock 22.39% off its SMA200. RGA registered 57.78% gain for a year compared to 6-month gain of 28.24%.
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The stock witnessed a 8.35% loss in the last 1 month and extending the period to 3 months gives it a 16.80%, and is 1.74% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.84% over the week and 1.57% over the month.
Reinsurance Group Of America, Inc. (RGA) has around 3900 employees, a market worth around $14.67B and $20.71B in sales. Current P/E ratio is 17.42 and Fwd P/E is 9.85. Profit margin for the company is 4.15%. Distance from 52-week low is 65.10% and -1.88% from its 52-week high. The company has generated returns on investments over the last 12 months (6.19%).
The EPS is expected to grow by 9.26% this year
The shares outstanding are 65.62M, and float is at 65.35M with Short Float at 0.54%.
Reinsurance Group Of America, Inc. (RGA) Insider Activity
The most recent transaction is an insider sale by Hayden John W., the company’s EVP, Controller. SEC filings show that Hayden John W. sold 1,767 shares of the company’s common stock on May 14 ’24 at a price of $206.85 per share for a total of $0.37 million. Following the sale, the insider now owns 16490.0 shares.
Reinsurance Group Of America, Inc. disclosed in a document filed with the SEC on Mar 08 ’24 that LARSON TODD C (SEVP, Chief Financial Officer) sold a total of 3,750 shares of the company’s common stock. The trade occurred on Mar 08 ’24 and was made at $181.26 per share for $0.68 million. Following the transaction, the insider now directly holds 48437.0 shares of the RGA stock.
Still, SEC filings show that on Mar 06 ’24, LARSON TODD C (SEVP, Chief Financial Officer) disposed off 2,966 shares at an average price of $182.88 for $0.54 million. The insider now directly holds 49,549 shares of Reinsurance Group Of America, Inc. (RGA).
