Reinsurance Group of America Incorporated (NYSE:RGA) went down by -6.39% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Insurance – Reinsurance giant went up by $67.56 to trade ended Thursday trading at $72.17. This is down from the $72.17 price recorded on Wednesday’s trading session. Thanks to this latest performance, RGA is closer to the higher price 52-week target of $122.00 and further from the lowest price target of $80.00. Its performance from the start of the year has also been negative, with RGA down by -58.57% year-to-date.
Reinsurance Group of America Incorporated (RGA) started the day trading at $71.48 and recorded an intraday high of $71.48. It also recorded an intraday low of $66.9912 during Thursday’s trading session. Reinsurance Group of America Incorporated is a very active stock that recorded a trading volume that is less than -12.34% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 756193, which is less than -12.34 of the total average daily trading volume of 849.48K.
Reinsurance Group of America Incorporated (NYSE:RGA) 2020 Performance Impressive
The increase in RGA’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of RGA currently stands at $169.26, which is higher than the current trading price of the stock by 60.09%. However, RGA’s current trading price is -21.97% lower than the 52-week low price of $55.39. In terms of trading volume, Reinsurance Group of America Incorporated currently experienced healthy participation during the last trading session. 756193 shares of Reinsurance Group of America Incorporated were traded on the stock exchange on Thursday, which is less than -12.34% of the 849.48K average trading volume of the stock.
The performance of the stock has been positive over the past year. RGA’s performance over the past one year has seen it plunge by -57.32%, while the stock has gone down by -57.21% in the last six months. The quarterly performance of RGA currently stands at -35.09%, and it is down by -31.16% in the last month. The only negative figure was from the weekly performance, which currently reads -10.55%. At the time of writing RGA’s report, the company has a total market cap of $4.58B, making it one of the largest publicly-traded companies in the world.Reinsurance Group of America Incorporated also has over 3188 employees all over the world.
RGA Insider Activities
For Reinsurance Group of America Incorporated, insiders hold 88.00% of all company shares. The insider transactions over the past six months are up by 33.80%. During that period, insiders bought 69,504 shares in 19 transactions. In that same period, insiders sold 24,798 of their shares in 13 transactions. After these transactions, insiders at Reinsurance Group of America Incorporated now hold 290.36k shares, which is over 97.36% of the total company stocks. Institutional investors currently hold a large chunk of the RGA shares, as they control 0.47% of the company’s total stock.
RGA Fundamental Analysis
For Reinsurance Group of America Incorporated, the stock’s diluted earnings per share (EPS) stands at 9.59. In the coming year, analysts expect the EPS to be 12.72. The EPS growth will up over the next five years to 7.76% after surging by 6.90% in the previous five years. In terms of revenue, Reinsurance Group of America Incorporated’s quarterly sales (YOY) is shrinking at -0.37, which is lower than the average annual revenue of 6.90% over the past half a decade.
The Return on Investment (ROI) on Reinsurance Group of America Incorporated’s stock currently stands at 7.10%, and it has a net profit margin of 4.30%. The operating margin of the company is 7.20%.
RGA Analysts Prediction
Another analyst that has a Sector Perform rating for RGA is RBC Capital Mkts, which set a price target of between $175 and $105.
Citigroup and Deutsche Bank also believe that Reinsurance Group of America Incorporated’s stock is outperforming at the moment.
At the moment, Reinsurance Group of America Incorporated’s Total Debt to Equity ratio stands at 0.38, and they have a long-term Debt to Equity ratio of 0.38.
RGA Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of RGA currently stands at -16.18%, while the SMA50 is -23.80%. The biggest one is the SMA200, which is currently reading -47.18% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 31.12, while its price to earnings ratio (P/E) is 7.04.