Reinsurance Group of America (RGA) Stock Forecast, Price Target & Predictions


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RGA Stock Forecast


Reinsurance Group of America stock forecast is as follows: an average price target of $242.67 (represents a 16.93% upside from RGA’s last price of $207.54) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.

RGA Price Target


The average price target for Reinsurance Group of America (RGA) is $242.67 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $255.00 to $236.00. This represents a potential 16.93% upside from RGA's last price of $207.54.

RGA Analyst Ratings


Buy

According to 12 Wall Street analysts, Reinsurance Group of America's rating consensus is 'Buy'. The analyst rating breakdown for RGA stock is 1 'Strong Buy' (8.33%), 8 'Buy' (66.67%), 3 'Hold' (25.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Reinsurance Group of America Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 04, 2024Alex ScottBarclays$255.00$219.5916.13%22.87%
Sep 04, 2024John BarnidgePiper Sandler$237.00$218.668.39%14.19%
Aug 19, 2024Bob HuangMorgan Stanley$236.00$209.3712.72%13.71%
Jun 10, 2024John BarnidgePiper Sandler$228.00$204.3711.56%9.86%
Apr 05, 2024John BarnidgePiper Sandler$220.00$191.3514.97%6.00%
Dec 10, 2023Suneet KamathJefferies$189.00$163.6415.50%-8.93%
Jan 10, 2023Morgan Stanley$160.00$146.369.32%-22.91%
Jan 09, 2023Goldman Sachs$162.00$146.6110.50%-21.94%
Jan 06, 2023J.P. Morgan$141.00$145.56-3.13%-32.06%
Jan 05, 2023Thomas GallagherEvercore ISI$167.00$145.1115.09%-19.53%
Dec 06, 2022RBC Capital$170.00$139.2322.10%-18.09%

The latest Reinsurance Group of America stock forecast, released on Sep 04, 2024 by Alex Scott from Barclays, set a price target of $255.00, which represents a 16.13% increase from the stock price at the time of the forecast ($219.59), and a 22.87% increase from RGA last price ($207.54).

Reinsurance Group of America Price Target by Period


1M3M12M
# Anlaysts--5
Avg Price Target--$235.20
Last Closing Price$207.54$207.54$207.54
Upside/Downside-100.00%-100.00%13.33%

In the current month, the average price target of Reinsurance Group of America stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Reinsurance Group of America's last price of $207.54. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 08, 2024Cowen & Co.HoldInitialise
Oct 02, 2024Piper SandlerOverweightOverweightHold
Sep 24, 2024Raymond JamesStrong BuyStrong BuyHold
Sep 04, 2024BarclaysOverweightInitialise
Sep 04, 2024Piper SandlerOverweightOverweightHold
Aug 19, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Aug 09, 2024Wells FargoOverweightOverweightHold
Aug 05, 2024RBC CapitalOutperformOutperformHold
Jul 23, 2024CitigroupBuyBuyHold
Jul 10, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Jun 28, 2024JefferiesBuyBuyHold
Jun 14, 2024RBC CapitalOutperformOutperformHold
Jun 10, 2024Piper SandlerOverweightOverweightHold
Apr 05, 2024RBC CapitalOutperformOutperformHold
Apr 05, 2024Piper SandlerOverweightOverweightHold
Feb 05, 2024RBC CapitalOutperformOutperformHold
Mar 15, 2023CitigroupBuyUpgrade
Jan 10, 2023Morgan StanleyEqual-WeightEqual-WeightHold
Jan 09, 2023Goldman SachsBuyBuyHold
Jan 05, 2023Evercore ISIOutperformUpgrade
Dec 06, 2022RBC CapitalOutperformUpgrade
Jun 02, 2022Credit SuisseNeutralUpgrade

Reinsurance Group of America's last stock rating was published by Cowen & Co. on Oct 08, 2024. The company Initialise its RGA rating from "null" to "Hold".

Reinsurance Group of America Financial Forecast


Reinsurance Group of America Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
Revenue----------------$5.01B-$4.16B$4.25B$4.38B$4.07B$3.81B$3.93B$4.17B$4.04B$4.11B$4.01B$4.14B$3.64B
Avg Forecast$7.09B$6.79B$6.63B$6.45B$6.27B$6.07B$5.94B$5.77B$5.94B$5.73B$5.56B$5.64B$5.49B$5.29B$5.07B$4.55B$4.57B$4.37B$4.30B$4.20B$4.29B$3.98B$4.00B$3.89B$4.08B$3.63B$3.57B$3.64B$3.63B$3.63B
High Forecast$7.68B$7.36B$7.18B$6.99B$6.80B$6.58B$6.44B$6.25B$6.43B$6.21B$6.03B$6.02B$5.86B$5.31B$5.07B$4.55B$4.68B$4.46B$4.66B$4.55B$4.65B$3.98B$4.00B$3.89B$4.08B$3.63B$3.57B$3.64B$3.63B$3.63B
Low Forecast$6.23B$5.97B$5.83B$5.67B$5.51B$5.34B$5.22B$5.07B$5.22B$5.04B$4.89B$5.27B$4.83B$5.28B$5.07B$4.55B$4.45B$4.23B$3.78B$3.69B$3.77B$3.98B$4.00B$3.89B$4.08B$3.63B$3.57B$3.64B$3.63B$3.63B
# Analysts111111111112314455443333444449
Surprise %----------------1.10%-0.97%1.01%1.02%1.02%0.95%1.01%1.02%1.11%1.15%1.10%1.14%1.00%

Reinsurance Group of America's average Quarter revenue forecast for Mar 24 based on 4 analysts is $4.55B, with a low forecast of $4.55B, and a high forecast of $4.55B. RGA's average Quarter revenue forecast represents a -9.13% decrease compared to the company's last Quarter revenue of $5.01B (Dec 23).

Reinsurance Group of America EBITDA Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111112314455443333444449
EBITDA----------------$-2.00M-$265.00M$401.00M$290.00M$411.00M$433.00M$123.00M$214.00M$184.00M$525.00M$242.00M$229.00M$338.00M
Avg Forecast$537.84M$515.22M$502.95M$489.05M$476.00M$460.58M$450.70M$437.70M$450.43M$434.67M$422.18M$428.25M$416.49M$401.64M$384.93M$1.92B$346.82M$331.84M$326.21M$2.05B$577.80M$118.52M$118.93M$2.20B$121.45M$108.09M$106.17M$603.14M$107.92M$107.89M
High Forecast$583.00M$558.49M$545.18M$530.12M$515.96M$499.25M$488.54M$474.45M$488.25M$471.16M$457.63M$456.57M$444.82M$402.98M$384.93M$2.30B$355.19M$338.52M$353.60M$2.46B$693.36M$118.52M$118.93M$2.64B$121.45M$108.09M$106.17M$723.77M$107.92M$107.89M
Low Forecast$472.78M$452.90M$442.11M$429.89M$418.42M$404.87M$396.18M$384.75M$395.95M$382.09M$371.11M$399.92M$366.73M$400.29M$384.93M$1.54B$337.70M$320.83M$286.75M$1.64B$462.24M$118.52M$118.93M$1.76B$121.45M$108.09M$106.17M$482.51M$107.92M$107.89M
Surprise %-----------------0.01%-0.81%0.20%0.50%3.47%3.64%0.06%1.76%1.70%4.94%0.40%2.12%3.13%

5 analysts predict RGA's average Quarter EBITDA for Sep 23 to be $331.84M, with a high of $338.52M and a low of $320.83M. This is 25.22% upper than Reinsurance Group of America's previous annual EBITDA (Jun 23) of $265.00M.

Reinsurance Group of America Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111112314455443333444449
Net Income----------------$158.00M-$207.00M$252.00M$206.00M$284.00M$198.00M$-63.00M$156.00M$-22.00M$344.00M$139.00M$132.00M$213.00M
Avg Forecast$470.89M$460.69M$453.46M$445.50M$430.03M$425.33M$421.72M$401.02M$393.79M$397.20M$389.22M$378.44M$350.29M$354.42M$339.45M$1.82B$298.08M$285.84M$278.42M$1.95B$421.20M$202.45M$186.47M$2.08B$51.43M$164.70M$127.18M$346.43M$69.72M$120.37M
High Forecast$522.29M$510.97M$502.96M$494.13M$476.97M$471.76M$467.76M$444.80M$436.78M$440.56M$431.71M$418.67M$385.18M$355.25M$339.46M$2.18B$309.60M$299.83M$308.82M$2.33B$505.44M$202.45M$186.47M$2.50B$51.43M$164.70M$127.18M$415.72M$69.72M$120.37M
Low Forecast$396.84M$388.24M$382.15M$375.44M$362.41M$358.45M$355.40M$337.96M$331.87M$334.74M$328.01M$334.80M$330.16M$353.59M$339.45M$1.46B$283.18M$275.18M$234.64M$1.56B$336.96M$202.45M$186.47M$1.66B$51.43M$164.70M$127.18M$277.14M$69.72M$120.37M
Surprise %----------------0.53%-0.74%0.13%0.49%1.40%1.06%-0.03%3.03%-0.13%2.70%0.40%1.89%1.77%

Reinsurance Group of America's average Quarter net income forecast for Mar 24 is $1.82B, with a range of $1.46B to $2.18B. RGA's average Quarter net income forecast represents a 1051.41% increase compared to the company's last Quarter net income of $158.00M (Dec 23).

Reinsurance Group of America SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111112314455443333444449
SG&A------------------------------
Avg Forecast$13.64M$13.06M$12.75M$12.40M$12.07M$11.68M$11.43M$11.10M$11.42M$11.02M$10.70M$10.86M$10.56M$10.18M$9.76M$8.75M$8.79M$8.41M$8.27M$8.07M$8.26M$9.64M$9.67M$9.42M$9.87M$8.79M$8.63M$8.82M$8.77M$8.77M
High Forecast$14.78M$14.16M$13.82M$13.44M$13.08M$12.66M$12.39M$12.03M$12.38M$11.95M$11.60M$11.58M$11.28M$10.22M$9.76M$8.75M$9.01M$8.58M$8.96M$8.75M$8.95M$9.64M$9.67M$9.42M$9.87M$8.79M$8.63M$8.82M$8.77M$8.77M
Low Forecast$11.99M$11.48M$11.21M$10.90M$10.61M$10.26M$10.04M$9.75M$10.04M$9.69M$9.41M$10.14M$9.30M$10.15M$9.76M$8.75M$8.56M$8.13M$7.27M$7.10M$7.26M$9.64M$9.67M$9.42M$9.87M$8.79M$8.63M$8.82M$8.77M$8.77M
Surprise %------------------------------

Reinsurance Group of America's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to RGA last annual SG&A of $NaN (undefined).

Reinsurance Group of America EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111112314455443333444449
EPS----------------$2.37-$3.09$3.77$3.04$4.24$2.95$-0.94$2.32$-0.32$5.06$2.04$1.95$3.13
Avg Forecast$7.05$6.90$6.79$6.67$6.44$6.37$6.31$6.00$5.90$5.95$5.83$5.67$5.24$5.31$5.08$4.54$4.46$4.28$4.17$3.35$3.76$3.02$2.78$-0.55$0.77$2.46$1.90$-0.26$1.04$1.80
High Forecast$7.82$7.65$7.53$7.40$7.14$7.06$7.00$6.66$6.54$6.60$6.46$6.27$5.77$5.32$5.08$4.55$4.63$4.49$4.62$3.71$4.17$3.02$2.78$-0.55$0.77$2.46$1.90$-0.26$1.04$1.80
Low Forecast$5.94$5.81$5.72$5.62$5.43$5.37$5.32$5.06$4.97$5.01$4.91$5.01$4.94$5.29$5.08$4.54$4.24$4.12$3.51$2.82$3.17$3.02$2.78$-0.55$0.77$2.46$1.90$-0.26$1.04$1.80
Surprise %----------------0.53%-0.74%1.13%0.81%1.40%1.06%1.70%3.02%-0.13%2.67%-7.85%1.87%1.74%

According to 4 Wall Street analysts, Reinsurance Group of America's projected average Quarter EPS for Mar 24 is $4.54, with a low estimate of $4.54 and a high estimate of $4.55. This represents a 91.68% increase compared to RGA previous annual EPS of $2.37 (Dec 23).

Reinsurance Group of America Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
RGAReinsurance Group of America$209.19$242.6716.00%Buy
RNRRenaissanceRe$255.19$287.0012.47%Buy

RGA Forecast FAQ


Is Reinsurance Group of America a good buy?

Yes, according to 12 Wall Street analysts, Reinsurance Group of America (RGA) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 8 'Buy' recommendations, accounting for 75.00% of RGA's total ratings.

What is RGA's price target?

Reinsurance Group of America (RGA) average price target is $242.67 with a range of $236 to $255, implying a 16.93% from its last price of $207.54. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Reinsurance Group of America stock go up soon?

According to Wall Street analysts' prediction for RGA stock, the company can go up by 16.93% (from the last price of $207.54 to the average price target of $242.67), up by 22.87% based on the highest stock price target, and up by 13.71% based on the lowest stock price target.

Can Reinsurance Group of America stock reach $300?

RGA's average twelve months analyst stock price target of $242.67 does not support the claim that Reinsurance Group of America can reach $300 in the near future.

What are Reinsurance Group of America's analysts' financial forecasts?

Reinsurance Group of America's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $24.05B (high $26.07B, low $21.14B), average EBITDA is $1.82B (high $1.98B, low $1.6B), average net income is $1.68B (high $1.86B, low $1.41B), average SG&A $46.27M (high $50.15M, low $40.67M), and average EPS is $25.12 (high $27.86, low $21.17). RGA's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $26.95B (high $29.21B, low $23.69B), average EBITDA is $2.05B (high $2.22B, low $1.8B), average net income is $1.83B (high $2.03B, low $1.54B), average SG&A $51.85M (high $56.2M, low $45.58M), and average EPS is $27.4 (high $30.4, low $23.09).

Did the RGA's actual financial results beat the analysts' financial forecasts?

Based on Reinsurance Group of America's last annual report (Dec 2023), the company's revenue was $18.57B, beating the average analysts forecast of $17.44B by 6.47%. Apple's EBITDA was $-7M, missing the average prediction of $3.06B by -100.23%. The company's net income was $902M, missing the average estimation of $2.81B by -67.88%. Apple's SG&A was $0, missing the average forecast of $33.55M by -100.00%. Lastly, the company's EPS was $13.44, missing the average prediction of $16.26 by -17.34%. In terms of the last quarterly report (Dec 2023), Reinsurance Group of America's revenue was $5.01B, beating the average analysts' forecast of $4.57B by 9.55%. The company's EBITDA was $-2M, missing the average prediction of $346.82M by -100.58%. Reinsurance Group of America's net income was $158M, missing the average estimation of $298.08M by -46.99%. The company's SG&A was $0, missing the average forecast of $8.79M by -100.00%. Lastly, the company's EPS was $2.37, missing the average prediction of $4.46 by -46.89%