Favorable Press Coverage Somewhat Unlikely to Impact Reinsurance Group of America, (RGA) Stock Price

News articles about Reinsurance Group of America, (NYSE:RGA) have trended positive recently, according to Accern. Accern scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Reinsurance Group of America, earned a coverage optimism score of 0.49 on Accern’s scale. Accern also assigned media coverage about the insurance provider an impact score of 46.4918845519671 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the news articles that may have effected Accern’s rankings:

Reinsurance Group of America, (RGA) opened at 152.19 on Monday. The company has a 50-day moving average price of $140.13 and a 200 day moving average price of $132.78. Reinsurance Group of America, has a 1-year low of $107.12 and a 1-year high of $152.19. The firm has a market capitalization of $9.82 billion, a price-to-earnings ratio of 12.96 and a beta of 0.85.

Reinsurance Group of America, (NYSE:RGA) last issued its earnings results on Thursday, October 26th. The insurance provider reported $3.44 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.62 by $0.82. The business had revenue of $3.15 billion during the quarter, compared to analysts’ expectations of $3.08 billion. Reinsurance Group of America, had a return on equity of 9.32% and a net margin of 6.44%. Reinsurance Group of America,’s revenue was up 8.4% compared to the same quarter last year. During the same quarter last year, the firm posted $2.46 earnings per share. Equities analysts anticipate that Reinsurance Group of America, will post $10.24 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 28th. Stockholders of record on Tuesday, November 7th will be given a $0.50 dividend. The ex-dividend date is Monday, November 6th. This represents a $2.00 annualized dividend and a dividend yield of 1.31%. Reinsurance Group of America,’s dividend payout ratio (DPR) is presently 16.46%.

A number of analysts have commented on the company. Royal Bank Of Canada set a $145.00 target price on Reinsurance Group of America, and gave the stock a “hold” rating in a research report on Friday. Zacks Investment Research upgraded Reinsurance Group of America, from a “hold” rating to a “buy” rating and set a $157.00 price objective on the stock in a research report on Tuesday, August 1st. Keefe, Bruyette & Woods restated a “hold” rating and issued a $137.00 price objective on shares of Reinsurance Group of America, in a research report on Thursday, August 3rd. Goldman Sachs Group, Inc. (The) assumed coverage on Reinsurance Group of America, in a research report on Wednesday, October 18th. They issued a “buy” rating and a $153.00 price objective on the stock. Finally, Wells Fargo & Company restated a “hold” rating and issued a $131.00 price objective on shares of Reinsurance Group of America, in a research report on Thursday. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $133.88.

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In other news, Director Christine Rose Detrick sold 750 shares of the firm’s stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $139.50, for a total value of $104,625.00. Following the completion of the sale, the director now owns 4,682 shares of the company’s stock, valued at $653,139. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP William L. Hutton sold 4,339 shares of the firm’s stock in a transaction on Thursday, August 3rd. The stock was sold at an average price of $140.42, for a total value of $609,282.38. Following the completion of the sale, the executive vice president now directly owns 18,624 shares of the company’s stock, valued at approximately $2,615,182.08. The disclosure for this sale can be found here. In the last ninety days, insiders sold 14,970 shares of company stock valued at $2,096,360. 1.47% of the stock is currently owned by insiders.

About Reinsurance Group of America,

Reinsurance Group of America, Incorporated (RGA) is an insurance holding company. The Company provides traditional life and health reinsurance and financial solutions with operations in the United States, Latin America, Canada, Europe, Africa, Asia and Australia. It has geographic-based and business-based operational segments, including U.S.

Insider Buying and Selling by Quarter for Reinsurance Group of America, (NYSE:RGA)

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