Analyst Ratings for Reinsurance Group of America Inc. (RGA)Updated: 2017-07-26
Reinsurance Group of America Inc. (NYSE:RGA) was awarded an average rating of Hold from investment analysts following the stock. RGA had previously received a consensus rating of Hold a month ago.
Of the 9 analysts covering the stock, 1 gave it a buy rating, 0 issued an overweight rating, 7 gave a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
Many analysts weighed in on price targets for RGA. The most optimistic price target was 147, implying a possible profit of 9.47 percent. The most pessimistic price target was 120, implying a possible loss of -10.63 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -0 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.16 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.68 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
RGA has an estimated earnings growth rate of -19.83 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of RGA is -0.57.
In the last 52-weeks, RGA has achieved a high of 136.59 and a low of 94.33. Currently the stock is 42.35 percent higher than its low, and 1.69 percent lower than its 52-week high. RGA has a price/earnings ratio of 11.36. Investors typically compare the P/E ratio to a company's peers in the industry. The RGA value stock report compares RGA to some of its peers using value stock charts. The market cap of RGA is $8.76 billion. RGA is estimated to release their earnings results for the quarter on 0000-00-00, days from today.