RGA Reports Record Q4 2025 Earnings and Strategic Shift
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2d ago
0mins
Source: seekingalpha
- Record EPS Achievement: RGA reported a record operating EPS of $7.75 for Q4 2025, significantly up from $6.37 in Q3, marking the second consecutive quarter of record earnings, which reflects strong financial performance and market confidence.
- Capital Deployment and Buybacks: The company deployed $2.5 billion into in-force transactions for the full year, with $98 million in Q4 alone, and repurchased $50 million in shares during the quarter, indicating RGA's commitment to maintaining a robust capital base while actively returning value to shareholders.
- Strategic Business Exit: RGA announced its decision to exit the group health care business, which is expected to primarily impact results in 2027, reflecting a strategic focus on more attractive business lines following a comprehensive review of its operations.
- Future Outlook and Growth Targets: Management reiterated its targets of 8% to 10% annual EPS growth and a 13% to 15% return on equity, with an expected capital deployment of around $1.5 billion in 2026, demonstrating confidence in future growth and clarity in strategic planning.
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Analyst Views on RGA
Wall Street analysts forecast RGA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RGA is 242.33 USD with a low forecast of 208.00 USD and a high forecast of 275.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
5 Buy
1 Hold
1 Sell
Moderate Buy
Current: 205.990
Low
208.00
Averages
242.33
High
275.00
Current: 205.990
Low
208.00
Averages
242.33
High
275.00
About RGA
Reinsurance Group of America, Incorporated is an insurance holding company. The Company is a provider of traditional life and health reinsurance and financial solutions. The U.S. and Latin America Traditional segment provides individual and group life and health reinsurance, including long-term care, to domestic clients for a variety of products. The Canada Traditional segment is primarily engaged in individual life reinsurance, and to a lesser extent creditor, group life and health, critical illness and disability reinsurance. The Europe, Middle East and Africa Traditional segment provides individual and group life and health products through yearly renewable term and coinsurance agreements, and reinsurance of critical illness coverage. The Asia Pacific Traditional segment provides individual and group life and health reinsurance, critical illness coverage, disability and superannuation through yearly renewable term and coinsurance agreements.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
RGA Reports Record Q4 2025 Earnings and Strategic Shift
- Record EPS Achievement: RGA reported a record operating EPS of $7.75 for Q4 2025, significantly up from $6.37 in Q3, marking the second consecutive quarter of record earnings, which reflects strong financial performance and market confidence.
- Capital Deployment and Buybacks: The company deployed $2.5 billion into in-force transactions for the full year, with $98 million in Q4 alone, and repurchased $50 million in shares during the quarter, indicating RGA's commitment to maintaining a robust capital base while actively returning value to shareholders.
- Strategic Business Exit: RGA announced its decision to exit the group health care business, which is expected to primarily impact results in 2027, reflecting a strategic focus on more attractive business lines following a comprehensive review of its operations.
- Future Outlook and Growth Targets: Management reiterated its targets of 8% to 10% annual EPS growth and a 13% to 15% return on equity, with an expected capital deployment of around $1.5 billion in 2026, demonstrating confidence in future growth and clarity in strategic planning.
See More
RGA Declares Quarterly Dividend of $0.93 per Share
- Quarterly Dividend Announcement: Reinsurance Group of America (RGA) declares a quarterly dividend of $0.93 per share, consistent with previous distributions, indicating stable cash flow and profitability, which enhances investor confidence.
- Dividend Yield: The forward yield stands at 1.81%, providing investors with a relatively stable return, reflecting the company's attractiveness in the current market environment.
- Payment Schedule: The dividend will be payable on March 3, with a record date of February 17 and an ex-dividend date also on February 17, ensuring shareholders receive timely returns and bolstering their willingness to hold shares.
- Financial Transparency: RGA offers a dividend scorecard, yield chart, and dividend growth information, further enhancing financial transparency and assisting investors in making informed investment decisions.
See More
Reinsurance Group Reports Strong Q4 Earnings Beat
- Earnings Beat: Reinsurance Group's Q4 non-GAAP EPS of $7.75 exceeded expectations by $2.00, indicating robust profitability growth that enhances investor confidence in the company's financial health.
- Significant Revenue Growth: The company reported Q4 revenue of $6.64 billion, a 26.7% year-over-year increase, surpassing market expectations by $390 million, reflecting strong business expansion and demand in the market.
- Strong Net Income: Net income available to RGA shareholders was $6.97 per diluted share, driven by strong investment results and favorable variable investment income, further solidifying the company's financial foundation.
- Share Repurchase Program: The company repurchased $50 million of common shares in Q4, demonstrating management's confidence in future performance while providing additional returns to shareholders.
See More
ScanlanKemperBard Acquires Columbia River Project
- Acquisition Announcement: ScanlanKemperBard, in partnership with RGA ReCap, has announced the acquisition of the Columbia River Collection, a significant industrial project totaling 513,275 square feet, marking a strategic expansion in the industrial real estate sector.
- Project Details: The acquisition encompasses eight buildings, enhancing SKB's market share in the Portland metro area and laying the groundwork for future leasing and development opportunities.
- Strategic Partnership: Collaborating with RGA ReCap not only provides financial backing but also leverages their expertise in real estate investments, thereby enhancing SKB's investment capabilities and competitive positioning in the market.
- Regional Growth Potential: Located along the Columbia River corridor, the project is expected to benefit from economic growth and infrastructure improvements in the Portland area, further driving SKB's long-term revenue growth.
See More
ScanlanKemperBard Acquires Columbia River Project
- Acquisition Scale: ScanlanKemperBard (SKB), in partnership with RGA ReCap, has acquired the Columbia River Collection, a 513,275-square-foot industrial project in the Portland area, marking SKB's third acquisition in 60 days and reflecting confidence in Portland's long-term economic fundamentals.
- Market Dynamics: This transaction highlights a shift in investment activity in Portland, where reduced institutional capital has created attractive opportunities for local investors, with SKB committed to operating through market cycles while focusing on long-term value creation.
- Strategic Location: The Columbia River Collection is situated in one of Portland's most established industrial corridors, benefiting from proximity to regional transportation infrastructure and the core employment base, effectively catering to users under 50,000 square feet and enhancing SKB's competitive edge.
- Long-term Commitment: SKB President Todd Gooding emphasized the company's confidence in Portland due to its talented workforce and strategic location, pledging to continue balancing economic development with resident services in the future.
See More
Reinsurance Group of America (RGA) Named to Fortune's World's Most Admired Companies List
- Industry Recognition: RGA's inclusion in Fortune's World's Most Admired Companies list highlights its excellence in delivering client value and corporate responsibility, further solidifying its leadership position in the global reinsurance market.
- Management Commentary: CEO Tony Cheng stated that this honor reflects the passion and commitment of employees, as well as the trust placed in the company by clients and stakeholders, enhancing partnerships with clients.
- Future Commitment: RGA is dedicated to deepening client partnerships, creating long-term shareholder value, and delivering solutions that help communities thrive, indicating its ongoing commitment and strategic direction in the global market.
- Financial Strength: As of September 30, 2025, RGA has approximately $4.3 trillion in life reinsurance in force and total assets of $152.0 billion, demonstrating its robust financial foundation and market influence.
See More
RGA Reports Record Q4 2025 Earnings and Strategic Shift
- Record EPS Achievement: RGA reported a record operating EPS of $7.75 for Q4 2025, significantly up from $6.37 in Q3, marking the second consecutive quarter of record earnings, which reflects strong financial performance and market confidence.
- Capital Deployment and Buybacks: The company deployed $2.5 billion into in-force transactions for the full year, with $98 million in Q4 alone, and repurchased $50 million in shares during the quarter, indicating RGA's commitment to maintaining a robust capital base while actively returning value to shareholders.
- Strategic Business Exit: RGA announced its decision to exit the group health care business, which is expected to primarily impact results in 2027, reflecting a strategic focus on more attractive business lines following a comprehensive review of its operations.
- Future Outlook and Growth Targets: Management reiterated its targets of 8% to 10% annual EPS growth and a 13% to 15% return on equity, with an expected capital deployment of around $1.5 billion in 2026, demonstrating confidence in future growth and clarity in strategic planning.
See More
RGA Declares Quarterly Dividend of $0.93 per Share
- Quarterly Dividend Announcement: Reinsurance Group of America (RGA) declares a quarterly dividend of $0.93 per share, consistent with previous distributions, indicating stable cash flow and profitability, which enhances investor confidence.
- Dividend Yield: The forward yield stands at 1.81%, providing investors with a relatively stable return, reflecting the company's attractiveness in the current market environment.
- Payment Schedule: The dividend will be payable on March 3, with a record date of February 17 and an ex-dividend date also on February 17, ensuring shareholders receive timely returns and bolstering their willingness to hold shares.
- Financial Transparency: RGA offers a dividend scorecard, yield chart, and dividend growth information, further enhancing financial transparency and assisting investors in making informed investment decisions.
See More
Reinsurance Group Reports Strong Q4 Earnings Beat
- Earnings Beat: Reinsurance Group's Q4 non-GAAP EPS of $7.75 exceeded expectations by $2.00, indicating robust profitability growth that enhances investor confidence in the company's financial health.
- Significant Revenue Growth: The company reported Q4 revenue of $6.64 billion, a 26.7% year-over-year increase, surpassing market expectations by $390 million, reflecting strong business expansion and demand in the market.
- Strong Net Income: Net income available to RGA shareholders was $6.97 per diluted share, driven by strong investment results and favorable variable investment income, further solidifying the company's financial foundation.
- Share Repurchase Program: The company repurchased $50 million of common shares in Q4, demonstrating management's confidence in future performance while providing additional returns to shareholders.
See More
ScanlanKemperBard Acquires Columbia River Project
- Acquisition Announcement: ScanlanKemperBard, in partnership with RGA ReCap, has announced the acquisition of the Columbia River Collection, a significant industrial project totaling 513,275 square feet, marking a strategic expansion in the industrial real estate sector.
- Project Details: The acquisition encompasses eight buildings, enhancing SKB's market share in the Portland metro area and laying the groundwork for future leasing and development opportunities.
- Strategic Partnership: Collaborating with RGA ReCap not only provides financial backing but also leverages their expertise in real estate investments, thereby enhancing SKB's investment capabilities and competitive positioning in the market.
- Regional Growth Potential: Located along the Columbia River corridor, the project is expected to benefit from economic growth and infrastructure improvements in the Portland area, further driving SKB's long-term revenue growth.
See More
ScanlanKemperBard Acquires Columbia River Project
- Acquisition Scale: ScanlanKemperBard (SKB), in partnership with RGA ReCap, has acquired the Columbia River Collection, a 513,275-square-foot industrial project in the Portland area, marking SKB's third acquisition in 60 days and reflecting confidence in Portland's long-term economic fundamentals.
- Market Dynamics: This transaction highlights a shift in investment activity in Portland, where reduced institutional capital has created attractive opportunities for local investors, with SKB committed to operating through market cycles while focusing on long-term value creation.
- Strategic Location: The Columbia River Collection is situated in one of Portland's most established industrial corridors, benefiting from proximity to regional transportation infrastructure and the core employment base, effectively catering to users under 50,000 square feet and enhancing SKB's competitive edge.
- Long-term Commitment: SKB President Todd Gooding emphasized the company's confidence in Portland due to its talented workforce and strategic location, pledging to continue balancing economic development with resident services in the future.
See More
Reinsurance Group of America (RGA) Named to Fortune's World's Most Admired Companies List
- Industry Recognition: RGA's inclusion in Fortune's World's Most Admired Companies list highlights its excellence in delivering client value and corporate responsibility, further solidifying its leadership position in the global reinsurance market.
- Management Commentary: CEO Tony Cheng stated that this honor reflects the passion and commitment of employees, as well as the trust placed in the company by clients and stakeholders, enhancing partnerships with clients.
- Future Commitment: RGA is dedicated to deepening client partnerships, creating long-term shareholder value, and delivering solutions that help communities thrive, indicating its ongoing commitment and strategic direction in the global market.
- Financial Strength: As of September 30, 2025, RGA has approximately $4.3 trillion in life reinsurance in force and total assets of $152.0 billion, demonstrating its robust financial foundation and market influence.
See More
