Hagerty stock hits 52-week high at 14.19 USD

Reinsurance Group of America Inc (RGA) stock surged to an all-time high of $258.31, signaling a major achievement for the company. The stock trades 1% below its 52-week peak and is deemed undervalued by InvestingPro’s Fair Value analysis. RGA experienced a strong 32.16% growth over the past year, showing robust investor confidence and positive market conditions.

The company trades at a reasonable PEG ratio of 0.11, indicating value relative to its growth potential. This boost in stock performance is attributed to strategic initiatives and the resilience of the insurance sector, positioning RGA as a leader in the reinsurance industry. Investors can access RGA’s Pro Research Report for a detailed analysis.

Recently, RGA reported record earnings for Q2 2026, with an adjusted profit of $8.89 per share, exceeding analysts' expectations of $6.53. Despite slightly lower revenue of $6.64 billion, the company's earnings were driven by strong investment results, favorable claims experience, and recent business growth. RGA’s management praised strong performance across all regions and business lines, especially in U.S. individual life insurance, which benefited from positive mortality and claims trends.

The company ended the quarter with $2.2 billion in excess capital, continuing its share buybacks and dividends. RGA remains on track to achieve 8% to 10% annual EPS growth and a 13% to 15% return on equity, underscoring its long-term financial health and strategic direction.