Reinsurance Group of America Inc (NYSE: RGA) has reported earnings for its third fiscal quarter (ending September 30) of $2.37 versus $4.34 for the same period a year ago — a decline of -45%. For the latest four quarters through September 30, E.P.S. were $11.04 versus $15.55 for the same period a year ago — a decline of -29%.
Recent Price Action
Reinsurance Group of America Inc (NYSE: RGA) stock closed at $211.08 on 10/31/24 after a modest decline of -1.8%. Moreover, above average trading volume at 146% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -0.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, RGA is expected to continue to be an important Value Builder.
Reinsurance Group of America has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Reinsurance Group of America has a neutral Appreciation Score of 55 but a good Power Rating of 74, resulting in the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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