Reinsurance Group of America, Incorporated (RGA) Company Bio
Reinsurance Group of America engages in the reinsurance business. It offers individual and group life and health insurance products, including term life, credit life, universal life, whole life, group life and health, joint and last survivor insurance, critical illness, disability, and longevity products, as well as asset-intensive and financial reinsurance products. The company was founded in 1973 and is based in Chesterfield, Missouri.
RGA Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for RGA, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Reinsurance Group Of America Inc ranked in the 90th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 1699%. The most interesting components of our discounted cash flow analysis for Reinsurance Group Of America Inc ended up being:
Reinsurance Group Of America Inc's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 6.9% of tickers in our DCF set.
As a business, Reinsurance Group Of America Inc experienced a tax rate of about 17% over the past twelve months; relative to its sector (Financial Services), this tax rate is higher than 67.51% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as RGA, try YUANF, GARS, AEG, SSSS, and MFC.
Reinsurance Group of America (RGA) has priced $600M of senior notes due 2030 at 99.472% and fixed-rate coupon of 3.150%, payable semiannually.Net proceeds will be used to repay, upon maturity, the company's $400M 5.00% senior notes due June 1, 2021, and the remainder for general corporate purposes. Closing date is...
Reinsurance Group of America, Incorporated (NYSE: RGA) announced today that it has priced an aggregate principal amount of $600 million of 3.150 percent senior notes due 2030 pursuant to a public offering. RGA expects to use the net proceeds from the offering to repay upon maturity our $400 million 5.00% senior notes that mature on June 1, 2021, and the remainder for general corporate purposes.