HOOD
Robinhood Markets, Inc.
HOOD offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
RGA
Reinsurance Group of America, Incorporated
RGA has the edge over HOOD overall, supported by lower modeled downside and stronger fundamentals.
HOOD Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| N/A | |
| N/A |
HOOD's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like HOOD.
RGA Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| N/A | |
| N/A |
RGA's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like RGA.
HOOD PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 30x | $81.35 | — |
| Cheap | 37x | $78.84 | -3.1% |
| Current | 38x | $81.35 | — |
| Fair | 51x | $110 | +35% |
| Expensive | 74x | $160 | +96% |
Historical ranges are pointers, not guarantees.
HOOD has the edge over RGA in the historical PE scenario, which offers more potential upside but is not a forecast.
RGA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 9.1x | $274 | — |
| Cheap | 11x | $272 | -0.6% |
| Current | 11x | $274 | — |
| Fair | 14x | $353 | +29% |
| Expensive | 18x | $454 | +66% |
Historical ranges are pointers, not guarantees.
RGA's PE is in its cheap range at 11x. If earnings grow as analysts expect, today's price would be 9.1x next year's earnings.
HOOD Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Low |
Analysts expect strong earnings and revenue growth for HOOD, with profitability improving. However, they disagree widely on these estimates.
RGA Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for RGA, with profitability improving.
HOOD Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.72 | +26% |
| Q3 2026 | $2.16 | -10% |
| Q2 2026 | $2.26 | +15% |
| Q1 2026 | $2.06 | +18% |
| Q4 2025 | $2.05 | +31% |
| Q3 2025 | $2.40 | +314% |
| Q2 2025 | $1.96 | +513% |
| Q1 2025 | $1.75 | +1150% |
| Q4 2024 | $1.56 | +$2.17 |
HOOD has the edge over RGA on earnings, with more consistent year-over-year improvement.
RGA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $30.01 | +16% |
| Q3 2026 | $25.88 | +99% |
| Q2 2026 | $22.77 | +98% |
| Q1 2026 | $18.46 | +56% |
| Q4 2025 | $17.75 | +65% |
| Q3 2025 | $13.00 | +19% |
| Q2 2025 | $11.52 | -10% |
| Q1 2025 | $11.85 | -7.9% |
| Q4 2024 | $10.74 | -20% |
RGA earned $25.88 per share over the past year, up 99% from the year before.
HOOD Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.4B | +12% |
| Q2 2026 | $1.3B | +32% |
| Q1 2026 | $1.1B | +15% |
| Q4 2025 | $1.3B | +27% |
| Q3 2025 | $1.3B | +100% |
| Q2 2025 | $989M | +45% |
| Q1 2025 | $927M | +50% |
| Q4 2024 | $1B | +115% |
HOOD has the edge over RGA on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 44% | -5.9 points |
| Q2 2026 | 54% | +9.5 points |
| Q1 2026 | 39% | -1.5 points |
| Q4 2025 | 52% | -3.5 points |
| Q3 2025 | 50% | +26 points |
| Q2 2025 | 45% | +17 points |
| Q1 2025 | 40% | +14 points |
| Q4 2024 | 55% | +49 points |
HOOD has the edge over RGA on profitability, with a higher operating margin.
RGA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $7.6B | +22% |
| Q2 2026 | $6.6B | +19% |
| Q1 2026 | $6.5B | +23% |
| Q4 2025 | $6.6B | +27% |
| Q3 2025 | $6.2B | +9.8% |
| Q2 2025 | $5.6B | +15% |
| Q1 2025 | $5.3B | -17% |
| Q4 2024 | $5.2B | +4.7% |
RGA's revenue has grown year over year for six quarters in a row: $7.5B last quarter, up 22% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.3% | +3.1 points |
| Q2 2026 | 9.1% | +3 points |
| Q1 2026 | 6.8% | -0.2 points |
| Q4 2025 | 7.7% | +3.4 points |
| Q3 2025 | 5.2% | +1.4 points |
| Q2 2025 | 6.1% | +0.6 points |
| Q1 2025 | 7% | +2.7 points |
| Q4 2024 | 4.3% | +1 points |
RGA's operating margin was 8.3% last quarter, up 3.1 points from the same quarter a year ago.
HOOD Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.2B | +$2.8B |
| Q2 2026 | $720M | -79% |
| Q1 2026 | $2B | +217% |
| Q4 2025 | -$937M | +$463M |
| Q3 2025 | -$1.6B | -187% |
| Q2 2025 | $3.5B | +6398% |
| Q1 2025 | $642M | +$1.3B |
| Q4 2024 | -$1.4B | -246% |
HOOD's free cash flow was $3B over the past year, up 159% from the year before. Free cash flow isn't a meaningful measure for financial services companies like HOOD.
RGA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.4B | -$365M |
| Q2 2026 | -$484M | +$336M |
| Q1 2026 | -$2.9B | -$1.4B |
| Q4 2025 | $7.3B | -57% |
| Q3 2025 | -$990M | +$77M |
| Q2 2025 | -$820M | +$147M |
| Q1 2025 | -$1.4B | +$4.3B |
| Q4 2024 | $17.1B | +150% |
RGA's free cash flow was $2.6B over the past year, down 81% from the year before. Free cash flow isn't a meaningful measure for financial services companies like RGA.
HOOD Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -1M shares |
| 1 year | -0.8% | -6.9M shares |
| 3 years | +1.8% | +15.9M shares |
| 5 years | +292% | +679M shares |
| Available history | +7.2% | +60.8M shares |
HOOD has 911M diluted shares, down 0.8% from a year ago, with $789M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $25M |
| Q2 2026 | $414M |
| Q1 2026 | $250M |
| Q4 2025 | $100M |
| Q3 2025 | $107M |
| Q2 2025 | $124M |
| Q1 2025 | $322M |
| Q4 2024 | $160M |
HOOD spent $789M buying back its own shares over the past year, up 11% from the year before.
RGA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | -1.5% | -1M shares |
| 3 years | -1.5% | -1M shares |
| 5 years | -2.9% | -2M shares |
| Available history | +3.3% | +2.1M shares |
RGA has the edge over HOOD on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $82M |
| Q2 2026 | $52M |
| Q1 2026 | $94M |
| Q4 2025 | $61M |
| Q3 2025 | $75M |
| Q2 2025 | — |
| Q1 2025 | $38M |
| Q4 2024 | $1M |
RGA spent $289M buying back its own shares over the past year, up 154% from the year before.
HOOD Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.3x | Net Cash |
| Q2 2026 | -2.1x | Net Cash |
| Q1 2026 | -2.2x | Net Cash |
| Q4 2025 | -1.9x | Net Cash |
| Q3 2025 | -2.1x | Net Cash |
| Q2 2025 | -2.6x | Net Cash |
| Q1 2025 | -3.3x | Net Cash |
| Q4 2024 | -3.8x | Net Cash |
HOOD has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like HOOD.
RGA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2021 | 0.5x | Very low |
| Q4 2020 | 0.3x | Very low |
| Q3 2020 | 0.4x | Very low |
| Q2 2020 | -0.9x | Net Cash |
| Q1 2020 | 0.2x | Very low |
| Q4 2019 | 1.3x | Healthy |
RGA's net debt is less than a year of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for financial services companies like RGA.
HOOD Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.8 | Neutral |
| Stochastic | 9.5 | Oversold |
HOOD's weekly RSI is 41 (neutral) and its Stochastic is 10 (oversold).
RGA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 73.2 | Overbought |
| Stochastic | 81.8 | Overbought |
RGA's weekly RSI is 73 (overbought) and its Stochastic is 82 (overbought).
HOOD PE vs Financial Services Sector
| Metric | HOOD | Sector median | Relative |
|---|---|---|---|
| PE | 38x | 13x | 189% above |
| PE % | 22 | 66 | 44 pts below |
HOOD is trading at 38x earnings, a 189% premium to the Financial Services sector's median of 13x.
RGA PE vs Financial Services Sector
| Metric | RGA | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 13x | 19% below |
| PE % | 17 | 63 | 46 pts below |
RGA has the edge over HOOD on valuation relative to its sector.
HOOD Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $97.8 | 17% below |
| 20 week MA | $102.2 | 20% below |
| 50 week MA | $95.4 | 15% below |
| 100 week MA | $88.5 | 8.1% below |
| 200 week MA | $52.1 | 56% above |
HOOD has fallen below most of its moving averages, though it's still 56% above its 200-week average.
RGA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $260.6 | 5% above |
| 20 week MA | $249.4 | 9.8% above |
| 50 week MA | $224.0 | 22% above |
| 100 week MA | $210.2 | 30% above |
| 200 week MA | $191.9 | 43% above |
RGA has the edge over HOOD on trend strength, trading above more of its moving averages.
HOOD Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $35.2 | $18.9 | -46% |
| 2022 | $18.9 | $7.95 | -58% |
| 2023 | $7.95 | $12.7 | +60% |
| 2024 | $12.7 | $39.0 | +206% |
| 2025 | $39.0 | $118.1 | +203% |
| 2026 YTD | $118.1 | $81.4 | -31% |
HOOD's yearly returns have swung widely, from +206% in 2024 to −58% in 2022. It's down 31% so far in 2026.
RGA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $162.0 | $113.6 | -30% |
| 2021 | $113.6 | $109.4 | -3.6% |
| 2022 | $109.4 | $142.7 | +30% |
| 2023 | $142.7 | $161.8 | +13% |
| 2024 | $161.8 | $211.4 | +31% |
| 2025 | $211.4 | $205.6 | -2.8% |
| 2026 YTD | $205.6 | $273.7 | +33% |
RGA has the edge over HOOD on returns for 2026, with the stronger performance.