Reinsurance Group of America, Incorporated (RGA)
NYSE: RGA · IEX Real-Time Price · USD
205.82
+0.78 (0.38%)
Jul 2, 2024, 4:00 PM EDT - Market closed
RGA Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for RGA stock have an average target of 220, with a low estimate of 162 and a high estimate of 247. The average target predicts an increase of 6.89% from the current stock price of 205.82.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for RGA stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 3 | 4 | 5 | 7 | 6 | 5 |
| Hold | 4 | 4 | 4 | 4 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 12 | 13 | 15 | 12 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $240 → $247 | Strong Buy | Maintains | $240 → $247 | +20.01% | Jun 28, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $228 → $235 | Buy | Maintains | $228 → $235 | +14.18% | Jun 28, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $225 → $241 | Buy | Maintains | $225 → $241 | +17.09% | Jun 26, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $212 → $228 | Strong Buy | Maintains | $212 → $228 | +10.78% | Jun 14, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $225 | Buy | Reiterates | $225 | +9.32% | Jun 14, 2024 |
Financial Forecast
Revenue This Year
21.64B
from 18.57B
Increased by 16.54%
Revenue Next Year
22.11B
from 21.64B
Increased by 2.20%
EPS This Year
21.38
from 13.44
Increased by 59.06%
EPS Next Year
22.44
from 21.38
Increased by 4.96%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 24.8B | 25.3B | 24.6B | 26.8B |
| Avg | 21.6B | 22.1B | 22.4B | 25.7B |
| Low | 18.3B | 19.5B | 20.6B | 25.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 33.5% | 16.8% | 11.2% | 19.4% |
| Avg | 16.5% | 2.2% | 1.4% | 14.9% |
| Low | -1.6% | -9.7% | -6.9% | 11.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 23.40 | 24.15 | 26.48 | 28.09 |
| Avg | 21.38 | 22.44 | 24.58 | 27.02 |
| Low | 18.92 | 19.54 | 22.45 | 26.22 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 74.1% | 13.0% | 18.0% | 14.3% |
| Avg | 59.1% | 5.0% | 9.6% | 9.9% |
| Low | 40.8% | -8.6% | 0.1% | 6.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.