Reinsurance Group Of America, Inc (NYSE: RGA) on Friday, plunged -3.43% from the previous trading day, before settling in for the closing price of $196.11. Within the past 52 weeks, RGA’s price has moved between $168.51 and $233.81.
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A company in the Financial sector has jumped its sales by 8.78% annually for the last half of the decade. The company achieved an average annual earnings per share of 14.26%. With a float of $65.57 million, this company’s outstanding shares have now reached $65.87 million.
In an organization with 4100 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 96.2%, operating margin of 5.2%, and the pretax margin is 4.46%.
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 0.49%, while institutional ownership is 97.62%. The most recent insider transaction that took place on Sep 23 ’24, was worth 264,735. In this transaction EVP, General Counsel & Secy. of this company sold 1,209 shares at a rate of $218.97, taking the stock ownership to the 12,357 shares. Before that another transaction happened on Sep 23 ’24, when Company’s Officer proposed sale 1,209 for $218.97, making the entire transaction worth $264,738.
Reinsurance Group Of America, Inc (RGA) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 5.76 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 14.26% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.44% during the next five years compared to -5.04% drop 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 0.56. Likewise, its price to free cash flow for the trailing twelve months is 1.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.70, a number that is poised to hit 5.42 in the next quarter and is forecasted to reach 24.96 in one year’s time.
Technical Analysis of Reinsurance Group Of America, Inc (RGA)
Let’s dig in a bit further. During the last 5-days, its volume was 0.69 million. That was better than the volume of 0.55 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 7.61%. Additionally, its Average True Range was 6.10.
During the past 100 days, Reinsurance Group Of America, Inc’s (RGA) raw stochastic average was set at 0.38%, which indicates a significant decrease from 0.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.06% in the past 14 days, which was higher than the 29.09% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $214.69, while its 200-day Moving Average is $213.92. However, in the short run, Reinsurance Group Of America, Inc’s stock first resistance to watch stands at $195.79. Second resistance stands at $202.21. The third major resistance level sits at $205.50. If the price goes on to break the first support level at $186.09, it is likely to go to the next support level at $182.80. The third support level lies at $176.38 if the price breaches the second support level.
Reinsurance Group Of America, Inc (NYSE: RGA) Key Stats
Market capitalization of the company is 12.47 billion based on 65,864K outstanding shares. Right now, sales total 22,107 M and income totals 717,000 K. The company made 5,241 M in profit during its latest quarter, and 148,000 K in sales during its previous quarter.
