Recent developments with Reinsurance Group Of America, Inc. (RGA) have led to the company’s beta value being reach 0.92 cents.

Reinsurance Group Of America, Inc. (NYSE: RGA) on Friday, plunged -0.19% from the previous trading day, before settling in for the closing price of $209.63. Within the past 52 weeks, RGA’s price has moved between $135.07 and $213.21.

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Annual sales at Financial sector company grew by 7.83% over the past five years. The company achieved an average annual earnings per share of 6.23%. With a float of $65.50 million, this company’s outstanding shares have now reached $65.62 million.

Let’s look at the performance matrix of the company that is accounted for 3900 employees.

Reinsurance Group Of America, Inc. (RGA) Insider and Institutional Ownership

Observing investor behavior towards Insurance – Reinsurance industry stocks is more important than anything else. The insider ownership of Reinsurance Group Of America, Inc. is 0.44%, while institutional ownership is 96.77%. The most recent insider transaction that took place on May 14 ’24, was worth 365,504. In this transaction EVP, Controller of this company sold 1,767 shares at a rate of $206.85, taking the stock ownership to the 16,490 shares. Before that another transaction happened on Mar 08 ’24, when Company’s SEVP, Chief Financial Officer sold 3,750 for $181.26, making the entire transaction worth $679,725. This insider now owns 48,437 shares in total.

Reinsurance Group Of America, Inc. (RGA) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 6.23% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.00% during the next five years compared to 4.10% growth over the previous five years of trading.

Reinsurance Group Of America, Inc. (NYSE: RGA) Trading Performance Indicators

Reinsurance Group Of America, Inc. (RGA) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.66. Likewise, its price to free cash flow for the trailing twelve months is 1.68.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 12.80, a number that is poised to hit 4.99 in the next quarter and is forecasted to reach 22.23 in one year’s time.

Technical Analysis of Reinsurance Group Of America, Inc. (RGA)

Reinsurance Group Of America, Inc. (NYSE: RGA) saw its 5-day average volume 0.27 million, a negative change from its year-to-date volume of 0.36 million. As of the previous 9 days, the stock’s Stochastic %D was 65.20%. Additionally, its Average True Range was 3.68.

During the past 100 days, Reinsurance Group Of America, Inc.’s (RGA) raw stochastic average was set at 92.10%, which indicates a significant increase from 69.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.47% in the past 14 days, which was lower than the 19.12% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $194.75, while its 200-day Moving Average is $167.01. Nevertheless, the first resistance level for the watch stands at $210.73 in the near term. At $212.22, the stock is likely to face the second major resistance level. The third major resistance level sits at $213.34. If the price goes on to break the first support level at $208.12, it is likely to go to the next support level at $207.00. The third support level lies at $205.51 if the price breaches the second support level.

Reinsurance Group Of America, Inc. (NYSE: RGA) Key Stats

Market capitalization of the company is 13.77 billion based on 65,792K outstanding shares. Right now, sales total 18,567 M and income totals 902,000 K. The company made 6,337 M in profit during its latest quarter, and 210,000 K in sales during its previous quarter.