Reinsurance Group of America, Incorporated (RGA) Stock Price & Analysis
Reinsurance Group of America, Incorporated (RGA) closed at USD 272.05 on Thursday, October 22, 2026, up 1.07% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 269.18; the Oct 22, 2026 session ranged USD 267.39–272.44 on volume of 307,020 shares. Market capitalization is $17.77B, with a 52-week range of USD 178.21–272.44 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:26 UTC.
Also available as compact Markdown for AI agents: nexqual.com/RGA.md
Key facts (RGA)
- Last four reported quarters (through Jun 30, 2026): revenue $26.0B, net income $1.51B (5.8% margin) (SEC filings).
- Valuation: P/E 11.8x (avg 14.5x at the last 3 fiscal year-ends), net debt $421M.
- 2 of 80 tracked superinvestors hold RGA (13F, Q2 2026): 0 new, 1 added, 1 reduced, 0 unchanged.
- Analysts: Buy (mean 2.10 on a 1–5 scale) (10 analysts), mean target USD 279.78 (range 236–302).
- Total return with dividends: 1Y +45.9% vs S&P 500 +14.9%; 5Y +154.0% vs S&P 500 +80.3%.
- Next earnings: 2026-11-05, EPS estimate USD 6.95, revenue estimate $6.67B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (RGA)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $16.7B | $16.2B | $18.6B | $22.1B | $23.7B | $26.0B |
| Net income | $1.17B | $517M | $902M | $717M | $1.18B | $1.51B |
| EPS (diluted) | $17.13 | $7.64 | $13.44 | $10.73 | $17.69 | — |
| Free cash flow | $4.16B | $1.32B | — | — | — | — |
| Net margin | 7.0% | 3.2% | 4.9% | 3.2% | 5.0% | 5.8% |
| Revenue growth | +14.2% | -2.6% | +14.4% | +19.1% | +7.2% | — |
| Cash + short-term investments | $2.93B | $2.93B | $2.97B | $3.33B | $4.17B | — |
| Total debt | $3.67B | $3.96B | $4.43B | $5.04B | $5.71B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (RGA)
P/E 11.8x · P/S 0.7x · EV/Sales 0.7x · P/B 1.3x · Earnings yield 8.50% · Dividend yield (paid, TTM) 1.37% · Net debt $421M · EV $18.2B
P/E at fiscal year-ends: Dec 2025 11.5x, Dec 2024 19.9x, Dec 2023 12.0x.
Superinvestors (SEC 13F-HR, Q2 2026) (RGA)
2 of 80 tracked investors hold RGA. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Bill Nygren | Oakmark Funds | 1.33% | $996M | Reduced -3.4% |
| First Eagle Investment | First Eagle Investment Management | <0.01% | $19K | Added +368.4% |
Analysts (RGA)
Consensus Buy (mean 2.10 on a 1–5 scale), 10 analysts; mean target USD 279.78 (low 236, high 302).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-21 | TD Cowen | Target raised | Hold | $235 → $250 |
| 2026-10-15 | JP Morgan | Target raised | Overweight | $293 → $297 |
| 2026-10-12 | Wells Fargo | Target raised | Overweight | $291 → $292 |
| 2026-10-08 | Barclays | Target raised | Overweight | $286 → $292 |
| 2026-10-07 | Barclays | Target lowered | Overweight | $290 → $286 |
| 2026-08-24 | Morgan Stanley | Target raised | Equal-Weight | $223 → $250 |
| 2026-08-19 | Wells Fargo | Target raised | Overweight | $269 → $291 |
| 2026-08-11 | JP Morgan | Target raised | Overweight | $286 → $293 |
| 2026-08-07 | Barclays | Target raised | Overweight | $278 → $290 |
| 2026-07-22 | TD Cowen | Target raised | Hold | $212 → $235 |
| 2026-07-21 | JP Morgan | Target raised | Overweight | $270 → $286 |
| 2026-07-13 | Evercore ISI Group | Target raised | Outperform | $267 → $280 |
Total return (dividends reinvested) (RGA)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +45.9% | +154.0% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +46.1% | +20.4% |
| Volatility (annualized) | 22.2% | 25.2% |
| Max drawdown | -12.7% (Feb 2026→Jun 2026) | -25.3% (Nov 2024→Mar 2025) |
Companies that name RGA in their SEC reports
| Relationship to RGA | Company | Filing | Sentence |
|---|---|---|---|
| partner | ALLIANCEBERNSTEIN HOLDING L.P. (AB) | 10-K Feb 12, 2026 | “During the fourth quarter of 2024, we entered into a non-exclusive partnership with Reinsurance Group of America, Incorporated ("RGA") under which we committed to invest $100.0 million in a reinsurance sidecar vehicle sponsored by RGA and focused on the U.S. asset-intensive reinsurance market.” |
RGA analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $6.95 | $6.79 | +2.3% | $6.67B | 10 |
| Next quarter (ends Dec 2026) | $7.01 | $6.68 | +4.9% | $6.89B | 8 |
| Current fiscal year (ends Dec 2026) | $29.87 | $26.96 | +10.8% | $27.01B | 9 |
| Next fiscal year (ends Dec 2027) | $30.00 | $29.25 | +2.6% | $28.25B | 10 |
Key Statistics (as of October 23, 2026 at 09:26 UTC)
| Price | USD 272.05 |
|---|---|
| Change | ▲ 1.07% (up) |
| Previous Close | USD 269.18 |
| Open | USD 269.16 |
| Day Range | USD 267.39 – 272.44 |
| 52-Week Range | USD 178.21 – 272.44 |
| Volume | 307,020 shares |
| Market Cap | $17.77B |
| Exchange | NYQ |
Technical Analysis (RGA)
Nexqual's technical model rates RGA "BUY" based on 5 bullish and 2 bearish signals across 127 daily candles, as of October 23, 2026 at 09:26 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 75.45 (overbought) |
| vs SMA50 | Above (USD 251.11) |
| MACD | 5.85 (positive) |
Analyst Ratings (RGA)
Wall Street analysts rate RGA "Buy" based on 10 analysts, with a mean price target of USD 279.78 (range USD 236–302), per Nexqual as of October 23, 2026 at 09:26 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 10 |
| Mean Target | USD 279.78 |
| High Target | USD 302 |
| Low Target | USD 236 |
| Buy / Hold / Sell | 7 / 2 / 1 |
Earnings (RGA)
| Next Earnings Date | 2026-11-05 |
|---|---|
| EPS Estimate | USD 6.95 |
| Revenue Estimate | $6.67B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 8.89 vs est 6.49 ▲ beat |
| 2026-03-31 | USD 6.97 vs est 6.01 ▲ beat |
| 2025-12-31 | USD 7.75 vs est 5.75 ▲ beat |
| 2025-09-30 | USD 4.66 vs est 5.77 ▼ miss |
Source: Nexqual, October 23, 2026 at 09:26 UTC.
Financials & Fundamentals (RGA)
| Total Revenue | $25.97B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +18.50% |
| Gross Margin | +14.07% |
| Operating Margin | +10.64% |
| Profit Margin | +5.81% |
| ROE | +11.69% |
| Debt / Equity | 0.41 |
| Current Ratio | 1.17 |
| Total Cash | $5.67B |
| Total Debt | $5.71B |
Source: Nexqual, October 23, 2026 at 09:26 UTC.
Financial Health Score (RGA)
Nexqual rates Reinsurance Group of America, Incorporated's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:26 UTC.
| Growth | Solid — Revenue +7% YoY (annual) |
|---|---|
| Profitability | Weak — Gross margin 14%, operating 11% (last 12 months) |
| Balance Sheet | Solid — $5.29B cash and investments vs $5.71B debt (Jun 2026, SEC) |
| Cash Flow | Solid — Operating cash flow $4.09B (FY ended Dec 2025, 10-K) |
| Efficiency | Mixed — ROE 12%, ROA 0.9% |
Ownership (RGA)
| Insider Ownership | +0.23% |
|---|---|
| Institutional Ownership | +103.72% |
| Shares Outstanding | 65.30M |
| Float | 64.94M |
| Short % of Float | +1.64% |
Source: Nexqual, October 23, 2026 at 09:26 UTC.
Leadership (RGA)
Reinsurance Group of America, Incorporated is led by Tony Cheng F.S.A., President, CEO & Director, per Nexqual as of October 23, 2026 at 09:26 UTC.
| President, CEO & Director | Tony Cheng F.S.A. |
|---|---|
| EVP, Chief Commercial Officer & President and CEO of RGA Re | Ronald Paul Herrmann C.F.P. |
| Executive VP & CFO | Laura Kathleen Cockrill |
| Senior Vice President of Investor Relations | Zhang Lu |
| Executive Vice President of Corporate Development | Peter Manley |
Major Backers & Investors (RGA)
Notable institutional backers of Reinsurance Group of America, Incorporated include FMR, LLC, Harris Associates L.P., WCM Investment Management, LLC, according to Nexqual as of October 23, 2026 at 09:26 UTC.
Active Investors
| Investor | Stake |
|---|---|
| FMR, LLC | 9.07% |
| Harris Associates L.P. | 7.17% |
| WCM Investment Management, LLC | 4.6% |
| Earnest Partners LLC | 3.4% |
| American Century Companies Inc | 2.33% |
| Fidelity | 1.59% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 10.43% |
| Vanguard Group | 9.88% |
| State Street | 3.61% |
| Geode Capital | 2.17% |
Source: Nexqual, October 23, 2026 at 09:26 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| EG | Everest Group, Ltd. | USD 407.56 | ▲ 3.24% |
| RNR | RenaissanceRe Holdings Ltd. | USD 362.59 | ▲ 2.12% |
| HG | Hamilton Insurance Group, Ltd. | USD 37.11 | ▲ 1.62% |
| SPNT | SiriusPoint Ltd. | USD 25.96 | ▲ 1.09% |
| GLRE | Greenlight Reinsurance, Ltd. | USD 15.3 | ▲ 2.41% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:26 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt