RGA
Reinsurance Group of America, Incorporated
NYSEUSDEQUITY
Financial Services
DELAYED
Buy
+45/100
Last price
251.47
▲ 0.43 (0.17%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
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Open
250.60
Prev close
251.04
Day high
254.20
Day low
250.49
Volume
291.39K
Market cap
$16.40B
P/E (TTM)
11.05
52W range
178.21 – 257.81
Day trading desk
Gap from prior close
-0.18%
Prior close 251.04
VWAP
251.55
-0.03% from price
Relative volume
1.58×
Unusually busy
Session range
1.48%
250.49 – 254.20
Position in range
27%
Near session low
ATR (14D)
5.17
2.06% of price
Prior day high
253.35
PDH
Prior day low
248.43
PDL
Bid / ask spread
—
Quote not published
Session volume
552.42K
Avg 349.13K
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-0.71%
-2.7%
1M
-0.84%
-2.0%
3M
+10.33%
+5.8%
6M
+20.54%
+2.4%
YTD
+23.43%
+9.2%
1Y
+27.19%
+10.8%
3Y
+72.97%
-9.3%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on RGA open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
+21.88K
Net buying
Buy transactions
8
37.88K shares
Sell transactions
3
16.00K shares
Net transactions
+11
Buys less sells
Sell : buy shares
0.4 : 1
Mixed
Insider-held shares
152.81K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 12, 26 | PORTER JONATHAN Officer |
SELL | 8.59K | $2.12M | Direct |
| Aug 11, 26 | PORTER JONATHAN Officer |
CONVERSION | 17.31K | $2.13M | Direct |
| Aug 11, 26 | HERRMANN RONALD Officer |
CONVERSION | 10.80K | $1.72M | Direct |
| Jul 1, 26 | TULLOCH MAURICE Director |
STOCK | 406 | $87.55K | Direct |
| Jul 1, 26 | TULLOCH MAURICE Director |
STOCK | 406 | $87.55K | Direct |
| Jun 5, 26 | TO MY CHI Officer |
— | 5.66K | — | Direct |
| May 20, 26 | GUINN PATRICIA LYNN Director |
STOCK | 817 | $174.94K | Direct |
| May 20, 26 | HAYDEN JOHN W Officer |
SELL | 414 | $88.99K | Direct |
| May 20, 26 | HAYDEN JOHN W Officer |
CONVERSION | 1.87K | $242.34K | Direct |
| May 20, 26 | BABEJ PETER Director |
STOCK | 613 | $131.26K | Direct |
| May 14, 26 | HERRMANN RONALD Officer |
SELL | 7.00K | $1.47M | Direct |
| Mar 12, 26 | HAYDEN JOHN W Officer |
CONVERSION | 2.25K | $461.66K | Direct |
| Mar 12, 26 | PORTER JONATHAN Officer |
CONVERSION | 5.46K | $1.12M | Direct |
| Mar 12, 26 | CHENG TONY KIN SHUN Chief Executive Officer |
CONVERSION | 17.39K | $3.56M | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BARBI LESLIE |
Chief Investment Officer | 20.30K | Conversion of Exercise of derivative security |
CHENG TONY KIN SHUN |
Chief Executive Officer | 43.41K | Conversion of Exercise of derivative security |
GALVIN CORMAC |
Officer | 3.53K | Conversion of Exercise of derivative security |
HAYDEN JOHN W |
Officer | 20.95K | Sale |
HERRMANN RONALD |
Officer | 6.06K | Conversion of Exercise of derivative security |
HUTTON WILLIAM L |
General Counsel | 15.46K | Stock Award(Grant) |
KLEEMAN RAYMOND |
Officer | 10.24K | Conversion of Exercise of derivative security |
OZEKI ARTHUR |
Officer | 13.04K | Conversion of Exercise of derivative security |
PORTER JONATHAN |
Officer | 14.88K | Sale |
WAINWRIGHT SIMON |
Officer | 15.13K | Conversion of Exercise of derivative security |
Fundamentals
Market cap$16.40B
Enterprise value$16.53B
Revenue (TTM)$25.97B
Gross profit$3.65B
EBITDA$2.31B
Net income$1.51B
EPS (TTM)$22.72
Free cash flow$9.84B
Total cash$5.67B
Total debt$5.71B
Book value / share$209.74
Shares outstanding65.30M
Float64.94M
Short % of float1.68%
Dividend yield1.56%
Beta (5Y)0.45
Valuation & profitability ratios
Trailing P/E11.05
Forward P/E8.45
PEG ratio1.14
Price / sales—
Price / book1.20
EV / revenue0.64
EV / EBITDA7.15
Gross margin14.07%
Operating margin10.64%
Profit margin5.81%
Return on equity11.69%
Return on assets0.95%
Debt / equity41.42
Current ratio1.17
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $23.68B | $22.05B | $18.40B | $15.88B | +7.4% |
| Operating revenue | $23.68B | $22.05B | $18.40B | $15.88B | +7.4% |
| Net interest income | -$366.00M | -$304.00M | -$257.00M | -$191.00M | -20.4% |
| Pre-tax income | $1.54B | $980.00M | $1.16B | $718.00M | +57.1% |
| Tax provision | $351.00M | $256.00M | $251.00M | $197.00M | +37.1% |
| Net income | $1.18B | $717.00M | $902.00M | $517.00M | +64.9% |
| Net income to common | $1.18B | $717.00M | $902.00M | $517.00M | +64.9% |
| Basic EPS | 17.94 | 10.90 | 13.60 | 7.73 | +64.6% |
| Diluted EPS | 17.69 | 10.73 | 13.44 | 7.64 | +64.9% |
| EBIT | $1.91B | $1.28B | $1.42B | $909.00M | +48.4% |
| Basic shares | 65.88M | 65.82M | 66.32M | 66.94M | +0.1% |
| Diluted shares | 66.81M | 66.88M | 67.12M | 67.70M | -0.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $4.17B | $3.33B | $2.97B | $2.93B | — | +25.3% |
| Cash & short-term investments | $18.24B | $81.31B | $63.66B | $55.98B | — | -77.6% |
| Accounts receivable | $7.17B | $5.53B | $5.45B | $2.67B | — | +29.7% |
| Property, plant & equipment | $350.00M | $325.00M | $279.00M | $270.00M | — | +7.7% |
| Goodwill & intangibles | $6.00M | $8.00M | $17.00M | $26.00M | — | -25.0% |
| Total assets | $156.59B | $118.67B | $97.62B | $84.90B | — | +31.9% |
| Current debt | — | — | $0 | $400.00M | $400.00M | — |
| Long-term debt | $5.71B | $5.04B | $4.43B | $3.56B | — | +13.2% |
| Total debt | $5.71B | $5.04B | $4.43B | $3.96B | — | +13.2% |
| Total liabilities | $143.04B | $107.77B | $88.45B | $77.73B | — | +32.7% |
| Retained earnings | $10.15B | $9.26B | $8.80B | $8.17B | — | +9.7% |
| Shareholder equity | $13.46B | $10.82B | $9.08B | $7.08B | — | +24.5% |
| Net tangible assets | $13.46B | $10.81B | $9.06B | $7.05B | — | +24.5% |
| Shares issued | 85.31M | 85.31M | 85.31M | 85.31M | — | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Net income | $1.18B | $717.00M | $902.00M | $517.00M | — | +64.9% |
| Depreciation & amortisation | $43.00M | $46.00M | $41.00M | $38.00M | — | -6.5% |
| Change in working capital | $3.16B | $8.26B | $3.13B | $442.00M | — | -61.7% |
| Operating cash flow | $4.09B | $9.37B | $4.04B | $1.34B | — | -56.3% |
| Capital expenditure | — | — | — | -$25.00M | -$19.00M | — |
| Investing cash flow | -$12.09B | -$12.54B | -$4.07B | -$5.69B | — | +3.6% |
| Share buybacks | -$174.00M | -$27.00M | -$227.00M | -$81.00M | — | -544.4% |
| Dividends paid | -$240.00M | -$229.00M | -$219.00M | -$205.00M | — | -4.8% |
| Financing cash flow | $8.80B | $3.66B | $78.00M | $4.44B | — | +140.3% |
| Free cash flow | $4.09B | $9.37B | $4.04B | $1.34B | — | -56.3% |
| End cash position | $4.17B | $3.33B | $2.97B | $2.93B | — | +25.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $6.57B | $6.48B | $6.61B | $6.23B | $5.56B | +1.4% |
| Operating revenue | $6.57B | $6.48B | $6.61B | $6.23B | $5.56B | +1.4% |
| Net interest income | -$101.00M | -$99.00M | -$98.00M | -$98.00M | -$90.00M | -2.0% |
| Pre-tax income | $605.00M | $441.00M | $510.00M | $320.00M | $341.00M | +37.2% |
| Tax provision | $141.00M | $110.00M | $45.00M | $65.00M | $160.00M | +28.2% |
| Net income | $462.00M | $330.00M | $463.00M | $253.00M | $180.00M | +40.0% |
| Net income to common | $462.00M | $330.00M | $463.00M | $253.00M | $180.00M | +40.0% |
| Basic EPS | 7.07 | 5.04 | 7.07 | 3.85 | 2.72 | +40.3% |
| Diluted EPS | 7.01 | 4.98 | 6.97 | 3.81 | 2.70 | +40.8% |
| EBIT | $706.00M | $540.00M | $608.00M | $418.00M | $431.00M | +30.7% |
| Basic shares | 65.42M | 65.49M | 65.56M | 66.51M | 66.09M | -0.1% |
| Diluted shares | 65.92M | 66.23M | 66.43M | 66.51M | 66.73M | -0.5% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $5.29B | $4.99B | $4.17B | $4.63B | $5.42B | +5.9% |
| Cash & short-term investments | $19.14B | $18.73B | $18.24B | $17.57B | $17.49B | +2.2% |
| Accounts receivable | $6.70B | $6.74B | $7.17B | $5.76B | $5.39B | -0.6% |
| Property, plant & equipment | — | — | $350.00M | — | — | — |
| Goodwill & intangibles | — | — | $6.00M | — | — | — |
| Total assets | $167.12B | $164.06B | $156.59B | $152.00B | $133.48B | +1.9% |
| Long-term debt | $5.71B | $6.11B | $5.71B | $5.73B | $5.73B | -6.5% |
| Total debt | $5.71B | $6.11B | $5.71B | $5.73B | $5.73B | -6.5% |
| Total liabilities | $153.33B | $150.68B | $143.04B | $138.94B | $121.34B | +1.8% |
| Retained earnings | $10.77B | $10.38B | $10.15B | $9.76B | $9.56B | +3.8% |
| Shareholder equity | $13.69B | $13.29B | $13.46B | $12.98B | $12.05B | +3.0% |
| Net tangible assets | $13.69B | $13.29B | $13.46B | $12.98B | $12.05B | +3.0% |
| Shares issued | 65.29M | 85.31M | 85.31M | 85.31M | 85.31M | -23.5% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Operating cash flow | $484.00M | $2.87B | $852.00M | $990.00M | $820.00M | -83.2% |
| Investing cash flow | -$1.95B | -$3.70B | -$3.27B | -$5.95B | -$1.18B | +47.4% |
| Share buybacks | -$52.00M | -$94.00M | -$61.00M | -$75.00M | $0 | +44.7% |
| Dividends paid | -$61.00M | -$61.00M | -$61.00M | -$61.00M | -$59.00M | 0.0% |
| Financing cash flow | $1.77B | $1.67B | $1.99B | $4.21B | $540.00M | +6.4% |
| Free cash flow | $484.00M | $2.87B | $852.00M | $990.00M | $820.00M | -83.2% |
| End cash position | $5.29B | $4.99B | $4.17B | $4.63B | $5.42B | +5.9% |
Options analytics
Put / call volume
0.75
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
180.00
-28.3% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
24
Contracts, this expiry
Put volume
18
Contracts, this expiry
Heaviest call OI
195.00
0 contracts
Heaviest put OI
120.00
5 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 6.49 | 8.89 | +37.0% |
| Mar 2026 | 6.01 | 6.97 | +15.9% |
| Dec 2025 | 5.75 | 7.75 | +34.8% |
| Sep 2025 | 5.77 | 4.66 | -19.2% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 6.89 | 9 | $6.67B | +7.5% |
| Next quarter | 6.98 | 9 | $6.89B | +3.8% |
| Current year | 29.79 | 8 | $27.01B | +14.0% |
| Next year | 29.73 | 10 | $28.25B | +4.6% |
Analyst targets & ownership
Mean target$276.89
High target$302.00
Low target$235.00
Implied upside10.11%
Analyst count9
ConsensusBUY
Strong buy / Buy4 / 3
Hold2
Sell / Strong sell0 / 1
Held by insiders0.23%
Held by institutions103.62%
Institutions holding829
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
248.92
+1.03% from price
SMA 20
247.91
+1.30% from price
SMA 50
245.71
+2.21% from price
SMA 100
231.39
+8.68% from price
SMA 200
219.40
+14.47% from price
EMA 12
248.87
+1.05% from price
EMA 26
247.62
+1.56% from price
EMA 50
243.76
+3.17% from price
RSI (14)
56.6
Neutral
MACD (12,26,9)
1.25
Hist 0.05
ATR (14)
5.17
2.06% of price
Realised vol 30D
16.9%
Annualised
Bollinger upper
252.96
20, 2σ
Bollinger lower
242.86
20, 2σ
50 / 200 cross
Golden
245.71 vs 219.40
Trend bias
Above 200
+14.47%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.29
Less volatile than market
Correlation to SPY
0.17
Largely independent
Realised vol 30D
16.9%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-13.4%
Peak to trough
Max drawdown 5Y
-27.4%
Peak to trough
ATR 14
5.17
2.06% of price
Beta (reported)
0.45
5Y monthly, from filing
Short interest
Shares short
969.57K
Prior 828.44K
Change vs prior
+17.0%
Shorts adding
% of float
1.68%
Normal
% of shares out
1.48%
Against total outstanding
Days to cover
3.1
Liquid
Float
64.94M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 24, 26 | Morgan Stanley | MAINTAINED | Equal-Weight | Equal-Weight |
| Aug 19, 26 | Wells Fargo | MAINTAINED | Overweight | Overweight |
| Aug 11, 26 | JP Morgan | MAINTAINED | Overweight | Overweight |
| Aug 7, 26 | Barclays | MAINTAINED | Overweight | Overweight |
| Jul 22, 26 | TD Cowen | MAINTAINED | Hold | Hold |
| Jul 21, 26 | JP Morgan | MAINTAINED | Overweight | Overweight |
| Jul 13, 26 | Evercore ISI Group | MAINTAINED | Outperform | Outperform |
| Jul 9, 26 | Wells Fargo | MAINTAINED | Overweight | Overweight |
| Jul 8, 26 | UBS | MAINTAINED | Neutral | Neutral |
| Jul 7, 26 | Barclays | MAINTAINED | Overweight | Overweight |
| May 11, 26 | Piper Sandler | MAINTAINED | Overweight | Overweight |
| May 8, 26 | Barclays | MAINTAINED | Overweight | Overweight |
Dividends & splits
Forward rate$3.92 / yr
Forward yield1.56%
5-year avg yield1.95%
Payout ratio16.38%
Ex-dividend dateAug 18, 2026
Next pay dateSep 1, 2026
Last split—
Split date—
SEC filings
Periodic Financial Reports
10-Q · 2026-08-07
Corporate Changes & Voting Matters
8-K · 2026-08-06
Corporate Changes & Voting Matters
8-K · 2026-07-09
Corporate Changes & Voting Matters
8-K · 2026-07-01
Corporate Changes & Voting Matters
8-K · 2026-06-22
Offering Registrations
S-8 · 2026-06-16
Corporate Changes & Voting Matters
8-K · 2026-05-21
Offering Registrations
S-3ASR · 2026-05-15
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PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.