- Book Value per Share: $147.90, missing the estimate of $147.96. Last year it was $117.87.
- Adjusted Operating EPS: $5.48, surpassing the estimate of $5.09. Last year it was $4.40.
- Book Value per Common Share (excluding AOCI): $148.19, slightly below the estimate of $149.50. Last year it was $138.99.
- Total Assets: $109.89 billion, up 23% year-over-year. This exceeded the estimate of $107.68 billion.
- Net Premiums: $3.92 billion, a 17% increase year-over-year. This exceeded the estimate of $3.89 billion.
- Investment Income: $1.08 billion, a 26% increase year-over-year. This significantly exceeded the estimate of $963.2 million.
- Stock Ratings: 10 buys, 2 holds, and 0 sells.
Reinsurance Group of America on Smartkarma
Analyst coverage of Reinsurance Group of America on Smartkarma has been highlighted by Baptista Research. In their report titled “Reinsurance Group of America: Initiation of Coverage – Investments In Emerging Technologies & Tailwinds from Biometric Advancements! – Major Drivers,” Baptista Research acknowledges the company’s strong first quarter performance with record earnings. Reinsurance Group of America achieved an impressive adjusted operating earnings per share of $6.02, a new milestone in its history. The company also exceeded its targeted adjusted operating return on equity, reaching 14.8% over the past 12 months.
A look at Reinsurance Group of America Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Reinsurance Group of America, Incorporated, a company that provides reinsurance services globally, is positioned for a positive long-term outlook based on the Smartkarma Smart Scores. With a high Momentum score of 5, the company shows strong potential for continued growth and market performance. Additionally, its impressive Value, Growth, and Resilience scores of 4 reflect solid fundamentals and a promising financial outlook. While the Dividend score of 3 indicates a moderate dividend offering, overall, Reinsurance Group of America demonstrates strength and stability across key factors.
In summary, Reinsurance Group of America is well-positioned for long-term success, supported by its core strengths in value, growth potential, resilience, and market momentum. With a strong focus on providing life and health-related reinsurance products and financial solutions, the company’s positive Smartkarma Smart Scores underscore its overall outlook as favorable for investors seeking opportunities in the reinsurance sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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