NYSE:RGAInsurance
Is Reinsurance Group of America (RGA) Pricing Reflect Its Strong Excess Returns Forecast?
If you are wondering whether Reinsurance Group of America is priced attractively today, the key question is whether the current share price lines up with the business behind it or asks you to pay too much for each dollar of value.
The stock closed at US$201.47 recently, with returns of 1.9% over the last 30 days, a 1% decline year to date and a 5% decline over the past year, while the 3 year and 5 year returns sit at 46.3% and 101.4% respectively.
These mixed returns have come as investors...