Financial Services -
Insurance - Life - NYSE - US
$ 245.45
-1.16 %
$ 8.12 B
Market Cap
11.7
P/E
1. INTRINSIC VALUE
Balance Sheet
Primerica, Inc.
| Current Assets | 3.63 B |
| Cash & Short-Term Investments | 3.63 B |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 92.3 M |
| Long-Term Investments | 1.38 B |
| PP&E | 47 M |
| Other Non-Current Assets | -1.34 B |
| Current Liabilities | 546 M |
| Accounts Payable | 488 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 58 M |
| Non-Current Liabilities | 12.3 B |
| Long-Term Debt | 55.5 M |
| Other Non-Current Liabilities | 12.2 B |
EFFICIENCY
Earnings Waterfall
Primerica, Inc.
| Revenue | 3.09 B |
| Cost Of Revenue | 0 |
| Gross Profit | 3.09 B |
| Operating Expenses | 2.37 B |
| Operating Income | 720 M |
| Other Expenses | 250 M |
| Net Income | 471 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Primerica, Inc.
| Net Income | 471 M |
| Depreciation & Amortization | 298 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 25.1 M |
| Change in Working Capital | 394 M |
| Others | -22.4 M |
| Free Cash Flow | 862 M |
Wall Street Analysts Price Targets
Primerica, Inc.
Wall Street analysts predict an average 1-year price target for PRI of $233 , with forecasts ranging from
a
low of
$137 to a high of $313 .
PRI Lowest Price Target
Wall Street Target
137 USD
-44.18%
PRI Average Price Target
Wall Street Target
233 USD
-5.07%
PRI Highest Price Target
Wall Street Target
313 USD
27.52%
4. DIVIDEND
ANALYSIS
0.33%
DIVIDEND YIELD
1.04 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Primerica, Inc.
Sold
0-3 MONTHS
1.48 M USD 3
3-6 MONTHS
1.36 M USD 2
6-9 MONTHS
1.86 M USD 4
9-12 MONTHS
1.01 M USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Primerica Household Budget Index™: Uncertainty Continues to Increase for Middle-Income Families Over Rising Cost of Necessities and Leveling of Income Growth
DULUTH, Ga.--(BUSINESS WIRE)--The latest Primerica Household Budget Index™ (HBI™), a monthly economic snapshot measuring the impact of inflation on middle-income households alongside their earned income, found the average purchasing power for necessities fell to 99.4% in February, a 0.3% decrease from a month ago but a 0.4% increase from a year ago. For households earning an annual income of around $60,000, the increase in necessity goods prices in February cost them about $110 more in total th.
businesswire.com
- 2 weeks ago
Undercovered Dozen: INmune Bio, Primerica, First Quantum, Pinnacle West +
The 'Undercovered' Dozen series highlights 12 lesser-covered stocks, offering fresh ideas and fostering discussion among investors. Mitsui & Co. is given a 'buy' recommendation, driven by Warren Buffett's increased stake, stable commodity prices, and promising long-term growth from a new Australian iron ore deal. Sandisk Corporation is also seen as a 'buy' post-separation from Western Digital, with strong market performance and potential for unlocking shareholder value as an independent flash storage company.
seekingalpha.com
- 2 weeks ago
Primerica: More Than A Life Insurance Company
Primerica operates as a life insurance company but also excels in financial product distribution, leveraging a low-capital, high-margin business model. The company focuses on underserved middle-income families, offering term life insurance and investment programs, supported by a large independent sales force. Despite skepticism and MLM concerns, Primerica shows strong financial performance, high ROE, and significant capital returns, outpacing traditional life insurers.
seekingalpha.com
- 3 weeks ago
Primerica Q4 Earnings Beat on Higher Premiums, Revenues Up Y/Y
PRI's fourth-quarter earnings benefit from higher premiums and investment income.
zacks.com
- 1 month ago
Primerica Household Budget Index™: Inflation Continues to Disproportionately Impact Middle-Income Americans, Continuing an 18-Month Trend
DULUTH, Ga.--(BUSINESS WIRE)--The latest Primerica Household Budget Index™ (HBI™), a monthly economic snapshot measuring the impact of inflation on middle-income households alongside their wages, found the average purchasing power for necessities fell to 99.7% in January, a 0.6% decrease from a month ago but a 0.3% increase from a year ago. The rising cost of auto insurance, gasoline and utilities accounted for the most recent erosion in purchasing power demonstrated by the HBI™ in January. Gas.
businesswire.com
- 1 month ago
Our Top 10 Dividend High-Growth Stocks - February 2025
This monthly article focuses on selecting high-growth dividend stocks with rapidly growing dividends rather than high current yields. We use our proprietary models to rate quantitatively and qualitatively and select the top ten names from an initial list of nearly 400 dividend stocks. The final list of ten stocks is chosen based on sector diversity, high-growth quality scores, and positive momentum, suitable for investors in the accumulation phase.
seekingalpha.com
- 1 month ago
Primerica, Inc. (PRI) Q4 2024 Earnings Call Transcript
Primerica, Inc. (NYSE:PRI ) Q4 2024 Earnings Conference Call February 12, 2025 10:00 AM ET Company Participants Nicole Russell - SVP, IR Glenn Williams - CEO Tracy Tan - EVP & CFO Conference Call Participants Wilma Burdis - Raymond James John Barnidge - Piper Sandler Mark Hughes - Truist Securities Suneet Kamath - Jefferies Dan Bergman - TD Cowen Jack Matten - BMO Capital Markets Operator Greetings, and welcome to the Primerica Fourth Quarter 2024 Earnings Call. At this time all participants are in a listen-only mode.
seekingalpha.com
- 1 month ago
Primerica (PRI) Reports Q4 Earnings: What Key Metrics Have to Say
The headline numbers for Primerica (PRI) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.com
- 1 month ago
Primerica (PRI) Surpasses Q4 Earnings and Revenue Estimates
Primerica (PRI) came out with quarterly earnings of $5.03 per share, beating the Zacks Consensus Estimate of $4.96 per share. This compares to earnings of $4.25 per share a year ago.
zacks.com
- 1 month ago
Primerica Reports Fourth Quarter 2024 Results
DULUTH, Ga.--(BUSINESS WIRE)--Primerica, Inc. (NYSE: PRI) today announced financial results for the quarter ended December 31, 2024. Total revenues of $788.1 million increased 12% compared to the fourth quarter of 2023. Net income from continuing operations of $167.7 million increased 9% while net earnings per diluted share from continuing operations of $4.98 increased 14% compared to the prior year period. Adjusted operating revenues of $790.1 million increased 12% compared to the fourth quart.
businesswire.com
- 1 month ago
Primerica (PRI) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
Evaluate the expected performance of Primerica (PRI) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
zacks.com
- 2 months ago
Will Primerica (PRI) Beat Estimates Again in Its Next Earnings Report?
Primerica (PRI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
zacks.com
- 2 months ago
8. Profile
Summary
Primerica, Inc. PRI
COUNTRY
US
INDUSTRY
Insurance - Life
MARKET CAP
$ 8.12 B
Dividend Yield
0.33%
Description
Primerica, Inc., together with its subsidiaries, provides financial products to middle-income households in the United States and Canada. The company operates in four segments: Term Life Insurance; Investment and Savings Products; Senior Health; and Corporate and Other Distributed Products. The Term Life Insurance segment underwrites individual term life insurance products. The Investment and Savings Products segment provides mutual funds and various retirement plans, managed investments, variable and fixed annuities, and fixed indexed annuities. The Senior Health segment offers segregated funds; and medicare advantage and supplement products. The Corporate and Other Distributed Products segment provides mortgage loans; prepaid legal services that assist subscribers with legal matters, such as drafting wills, living wills and powers of attorney, trial defense, and motor vehicle-related matters; ID theft defense services; auto and homeowners' insurance; home automation solutions; and insurance products, including supplemental health, accidental death, and disability for small businesses. It distributes and sells its products through a network of 129,515 licensed sales representatives. Primerica, Inc. was founded in 1927 and is headquartered in Duluth, Georgia.
Contact
1 Primerica Parkway, Duluth, GA, 30099
https://www.primerica.com
IPO
Date
April 1, 2010
Employees
2289
Officers
Ms. Stacey K. Geer
Executive Vice President, Deputy General Counsel, Chief Governance and Risk Officer & Corporate Secretary
Mr. Peter Wayne Schneider
President
Mr. Glenn Jackson Williams
Chief Executive Officer & Director
Ms. Tracy Xiangyan Tan
Executive Vice President & Chief Financial Officer
Mr. Gregory Carl Pitts
Executive Vice President
Mr. Michael Wayne Miller C.P.C.U.
Executive Vice President, President of Primerica Mortgage, LLC & Executive Chairman of Primerica Health, Inc.