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.
Several price targets were given for RGA by the analysts covering the stock. The most optimistic price target was 147, implying potential capital gains of 9.47 percent. The lowest price target was 120, implying a possible loss of -10.63 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which 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, which can be compared to the 2 analysts that decreased their estimates. 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.
The growth rate of RGA's earnings is estimated by analysts to be -19.83 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. RGA has a PEG ratio of -0.57.
RGA has a 52-week high of 136.59 and a 52-week low of 94.33. Currently the stock is 42.35 percent higher than its low, and 1.69 percent below the 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 will post this quarters earnings in days, on 0000-00-00.