Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Reinsurance Group of America Inc before investing.

In this article, we go over a few key elements for understanding Reinsurance Group of America Inc’s stock price such as:

• Reinsurance Group of America Inc’s current stock price and volume
• Why Reinsurance Group of America Inc’s stock price changed recently
• Upgrades and downgrades for RGA from analysts
• RGA’s stock price momentum as measured by its relative strength

About Reinsurance Group of America Inc (RGA)

Before we jump into Reinsurance Group of America Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Reinsurance Group of America, Incorporated is an insurance holding company. The Company is a provider of traditional life and health reinsurance and financial solutions. The Company has four segments. The U.S. and Latin America Traditional segment provides individual and group life and health reinsurance, including long-term care, to domestic clients for a variety of products. The Canada Traditional segment is primarily engaged in individual life reinsurance, and to a lesser extent creditor, group life and health, critical illness and disability reinsurance. The Europe, Middle East and Africa Traditional segment provides individual and group life and health products through yearly renewable term and coinsurance agreements, reinsurance of critical illness coverage. The Asia Pacific Traditional segment provides individual and group life and health reinsurance, critical illness coverage, disability and superannuation through yearly renewable term and coinsurance agreements.

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Reinsurance Group of America Inc’s Stock Price as of Market Close

As of May 03, 2024, 4:00 PM, CST, Reinsurance Group of America Inc’s stock price was $201.65.

Reinsurance Group of America Inc is up 5.48% from its previous closing price of $191.18.

During the last market session, Reinsurance Group of America Inc’s stock traded between $189.39 and $192.71. Currently, there are 67.20 million shares of Reinsurance Group of America Inc stock available for purchase.

Reinsurance Group of America Inc’s price-earnings (P/E) ratio is currently at 14.3, which is high compared to the Insurance - Reinsurance industry median of 6. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Reinsurance Group of America Inc Stock Price History

Reinsurance Group of America Inc’s (RGA) price is currently up 7.84% so far this month.

During the month of May, Reinsurance Group of America Inc’s stock price has reached a high of $202.06 and a low of $186.87.

Over the last year, Reinsurance Group of America Inc has hit prices as high as $196.25 and as low as $133.13. Year to date, Reinsurance Group of America Inc’s stock is up 41.92%.

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What Caused Reinsurance Group of America Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 02, 2024, there were 4 analysts who downgraded Reinsurance Group of America Inc’s stock and 4 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Reinsurance Group of America Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Reinsurance Group of America Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Reinsurance Group of America Inc’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Reinsurance Group of America Inc (RGA) by visiting AAII Stock Evaluator.

Relative Price Strength of Reinsurance Group of America Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 02, 2024, Reinsurance Group of America Inc has a weighted four-quarter relative price strength of 4.89%, which translates to a Momentum Score of 76 and is considered to be Strong.

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Reinsurance Group of America Inc Stock Price: Bottom Line

As of May 3, 2024, Reinsurance Group of America Inc’s stock price is $201.65, which is up 5.48% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Reinsurance Group of America Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.