Shares of Reinsurance Group of America (RGA) closed at $218.29 on Wednesday, near its 52-week high of $227.87, after having gained 34.9% year to date. Shares outperformed the industry, the Finance sector as well as the Zacks S&P 500 composite index in the same time frame. This leading global provider of traditional life and health reinsurance and financial solutions delivered an earnings surprise in each of the last four quarters. RGA's strong momentum in U.S. Traditional, Longevity/PRT, Asia Asset-Intensiv ...

JHVEPhoto Investment thesis The shares of Reinsurance Group of America, Incorporated (NYSE:RGA) dipped 14.12% on Friday, August 2, 2024 and Monday, August 5. Some might consider that a warning of trouble ahead. RGA 1-month price chart (Seeking Alpha) However, I see it as an opportunity to buy a strong stock at a discounted price, and probably for a limited time. I have a one-year price target that is nearly 19% above the current price and have rated it a Strong Buy. What's more, the Quant system gives it on ...

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Reinsurance Group of America, Incorporated (NYSE:RGA) Q2 2024 Results Earnings Conference Call August 2, 2024 10:00 AM ET Company Participants Jeffrey Hopson - Senior Vice President, Investor Relations Tony Cheng - President and Chief Executive Officer Todd Larson - Senior Executive Vice President and Chief Financial Officer Jonathan Porter - Chief Risk Officer Leslie Barbi - Chief Investment Officer Conference Call Participants Joel Hurwitz - Dowling & Partners Wes Carmichael - Autonomous Research Jimmy Bh ...

Reinsurance Group of America, Incorporated (RGA) reported second-quarter 2024 adjusted operating earnings of $5.48 per share, which beat the Zacks Consensus Estimate by 10.9%. The bottom line increased 24.5% from the year-ago quarter. Net foreign currency fluctuations had a favorable effect of 6 cents per share on adjusted operating income compared with the prior year. Reinsurance Group witnessed a solid performance in the U.S. and Latin America, Europe, Middle East and Africa (EMEA) and Asia/Pacific segmen ...

1 2Q24 Earnings Presentation Reinsurance Group of America, Incorporated 08.01.2024 This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and federal securities laws including, among others, statements relating to projections of the future operations, strategies, earnings, revenues, income or loss, ratios, financial performance, and growth potential of Reinsurance Group of America, Incorporated (the "Company"). Forward-looking statements ...

Reinsurance Group (RGA) reported $5.15 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 20.3%. EPS of $5.48 for the same period compares to $4.40 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $4.92 billion, representing a surprise of +4.70%. The company delivered an EPS surprise of +10.93%, with the consensus EPS estimate being $4.94. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...

Reinsurance Group (RGA) came out with quarterly earnings of $5.48 per share, beating the Zacks Consensus Estimate of $4.94 per share. This compares to earnings of $4.40 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 10.93%. A quarter ago, it was expected that this reinsurance company would post earnings of $4.51 per share when it actually produced earnings of $6.02, delivering a surprise of 33.48%. Over the last four quarter ...

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Reinsurance Group (RGA) currently holding a Momentum Style Score of B [2] - Style Scores complement the Zacks Rank system, which has a strong track record of outperforming the market [3] Group 2: Reinsurance Group (RGA) Performance - RGA shares have increased by 3.83% over the past week, outperforming the Zacks Insurance - Life Insurance industry, which rose by 1.46% [5] - Over the last quarter, RGA shares rose by 11.11%, and over the past year, they increased by 59.75%, while the S&P 500 only moved 8.32% and 20.21%, respectively [6] - RGA's average 20-day trading volume is 396,939 shares, indicating a bullish sign with rising stock prices [7] Group 3: Earnings Outlook for RGA - In the past two months, four earnings estimates for RGA have been revised upwards, with no downward revisions, boosting the consensus estimate from $20.66 to $21.11 [9] - For the next fiscal year, four estimates have also moved upwards, indicating positive sentiment [9] - RGA is rated as a 2 (Buy) stock with a Momentum Score of B, making it a promising near-term investment [9]

What's Driving the Outperformance? Valuation Metrics Reinsurance Group has a Value Score of A. The stock's Growth and Momentum Scores are A and B, respectively, giving the company a VGM Score of A. We also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, Reinsurance Group currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates. Have you been paying attention to shares of Reinsurance Group (RGA) ? Shares have been on the move with ...