Why RGA Is Poised to Keep Poppin'
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, life and health reinsurer Reinsurance Group of America has earned a coveted five-star ranking.
With that in mind, let's take a closer look at RGA's business and see what CAPS investors are saying about the stock right now.
RGA facts
Headquarters (Founded) | Chesterfield, Mo. (1973) |
Market Cap | $4.7 billion |
Industry | Reinsurance |
Trailing-12-Month Revenue | $10.1 billion |
Management | CEO Albert Woodring |
11.1% | |
Cash / Debt | $1.3 billion / $2.3 billion |
Dividend Yield | 1.5% |
Competitors | Berkshire Hathaway |
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 94% of the 129 members who have rated RGA believe the stock will outperform the S&P 500 going forward.
Just yesterday, one of those Fools, All-Star NovaTodd, succinctly summed up the RGA bull case for our community:
RGA has been remarkably consistent in generating ~10% returns on equity. It pays a decent dividend with room to grow, has been repurchasing shares at a discount to tangible book, and is trading at a P/B ratio at or near its ten year low. This is a quality company selling for a great price in an otherwise frothy market.
If you want market-thumping returns, you need to put together the best portfolio you can. Of course, despite a perfect five-star rating, RGA may not be your top choice. We've found another stock we are incredibly excited about -- excited enough to dub it "The Motley Fool's Top Stock for 2013." We have compiled a special free report for investors to uncover this stock today. The report is 100% free, but it won't be here forever, so click here to access it now.
The article Why RGA Is Poised to Keep Poppin' originally appeared on Fool.com.
Fool contributor Brian Pacampara has no position in any stocks mentioned. The Motley Fool recommends Berkshire Hathaway. The Motley Fool owns shares of Berkshire Hathaway. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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