SLF - Reinsurance Group (RGA) Up 43.3% in a Year: More Room to Run? | Benzinga
Reinsurance Group of America, Incorporated's (NYSE: RGA) shares have rallied 43.3% in a year compared with the industry's growth of 30.7%. The Finance sector and the Zacks S&P 500 index have gained 26.1% and 27.7% in the said time frame, respectively. With a market capitalization of $12.68 billion, the average volume of shares traded in the last three months was 0.3 million.
Image Source: Zacks Investment Research
The rally was largely driven by new business volumes, favorable longevity experience, stronger invested asset base, business expansion in the pension risk transfer market and effective capital deployment.
This Zacks Rank #3 (Hold) life insurer delivered a four-quarter average earnings surprise of 24.39%.
Reinsurance Group has a VGM Score of B. The VGM Score helps identify stocks with the most attractive value, best growth and the most promising momentum.
Will the Bull Run Continue?
The Zacks Consensus Estimate for Reinsurance Group's 2025 earnings per share indicates a year-over-year increase of 8.8% from the consensus estimate of 2024. The consensus estimate for revenues is pegged at $20.04 billion, implying a year-over-year improvement of 5.5% from the consensus mark of 2024.
The Zacks Consensus Estimate for 2024 and 2025 earnings has moved 0.4% and ...