Reinsurance Group of America tumbles after earnings

Reinsurance of America, Incorporated

07/02/2025 19:39

** Reinsurance Group of America  RGA.N  shares drop 9.5% to
$208.67, on track for biggest daily pct drop since lat Nov. 
2021, after hitting roughly 6-week low of $206.13
    ** The insurance holding company reported Q4 earnings after
the close on Thursday that fell short of Street expectations
    ** Stock now on track to close below both 50-day and 200-day
moving averages for the first time since Dec. 20
    ** Jefferies analyst Suneet Kamath said RGA "appears to be
signaling continued elevated capital deployment," but, "EPS
missed 4Q:24 EPS expectations, and RGA's new outlook does not
suggest material positive EPS revisions" although the firm feels
RGA's long-term growth prospects are likely better than they
have been historically
    ** Of the 13 analysts that cover RGA, the breakdown of
recommendations are 10 "strong buy" or "buy" and 3 "hold"
ratings
    ** Median price target of $252 is unchanged from a month ago
and up from $247.50 on Nov. 7
    ** RGA shares now down ~2% YTD vs ~6% gain in S&P 400
industrials  .SPMDCF  
    







 (Reporting by Chuck Mikolajczak)
 ((charles.mikolajczak@tr.com; @ChuckMik;))