Financial Services - Insurance - Life - NYSE - US
$ 298.61
0.603 %
$ 9.97 B
Market Cap
14.97
P/E
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.[ Read More ]
The intrinsic value of one PRI stock under the base case scenario is HIDDEN Compared to the current market price of 299 USD, Primerica, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart PRI
FINANCIALS
2.82 B
REVENUE
1.79 B
OPERATING INCOME
577 M
NET INCOME
693 M
OPERATING CASH FLOW
-90.1 M
INVESTING CASH FLOW
-480 M
FINANCING CASH FLOW
774 M
REVENUE
195 M
OPERATING INCOME
165 M
NET INCOME
222 M
OPERATING CASH FLOW
-125 M
INVESTING CASH FLOW
-160 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Primerica, Inc.
| Current Assets | 3.33 B |
| Cash & Short-Term Investments | 3.33 B |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 11.1 B |
| Long-Term Investments | 0 |
| PP&E | 115 M |
| Other Non-Current Assets | 11 B |
| Current Liabilities | 22.7 M |
| Accounts Payable | 514 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | -491 M |
| Non-Current Liabilities | 12.9 B |
| Long-Term Debt | 2.04 B |
| Other Non-Current Liabilities | 10.9 B |
EFFICIENCY
Earnings Waterfall
Primerica, Inc.
| Revenue | 2.82 B |
| Cost Of Revenue | 337 M |
| Gross Profit | 2.48 B |
| Operating Expenses | 693 M |
| Operating Income | 1.79 B |
| Other Expenses | 1.21 B |
| Net Income | 577 M |
RATIOS
88.04%
GROSS MARGIN
63.44%
OPERATING MARGIN
20.48%
NET MARGIN
27.91%
ROE
3.84%
ROA
33.86%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Primerica, Inc.
| Net Income | 577 M |
| Depreciation & Amortization | 32 M |
| Capital Expenditures | -33.9 M |
| Stock-Based Compensation | 18.9 M |
| Change in Working Capital | 358 M |
| Others | -110 M |
| Free Cash Flow | 659 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
-54.12%
PRI Average Price Target
Wall Street Target
233 USD
-21.97%
PRI Highest Price Target
Wall Street Target
313 USD
4.82%
4. DIVIDEND ANALYSIS
0.34%
DIVIDEND YIELD
0.9 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Primerica, Inc.
Sold
0-3 MONTHS
2.01 M USD 4
3-6 MONTHS
1.77 M USD 2
6-9 MONTHS
3.13 M USD 7
9-12 MONTHS
630 K USD 1
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
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
6 days ago
Nov 11, 2024
|
Sell 904 K USD
|
Williams Glenn J.
Chief Executive Officer |
- 3000
|
301.2738 USD |
|
2 months ago
Sep 10, 2024
|
Sell 508 K USD
|
Addison John A. Jr.
Director |
- 2000
|
253.85 USD |
|
2 months ago
Sep 06, 2024
|
Sell 204 K USD
|
Dheer Sanjeev
Director |
- 800
|
255.51 USD |
|
2 months ago
Aug 26, 2024
|
Sell 392 K USD
|
Schneider Peter W.
President |
- 1500
|
261.1078 USD |
|
3 months ago
Aug 12, 2024
|
Sell 758 K USD
|
Williams Glenn J.
Chief Executive Officer |
- 3000
|
252.5451 USD |
|
5 months ago
Jun 13, 2024
|
Sell 668 K USD
|
Williams Glenn J.
Chief Executive Officer |
- 3000
|
222.7568 USD |
|
5 months ago
May 24, 2024
|
Sell 341 K USD
|
Schneider Peter W.
President |
- 1500
|
227.44 USD |
|
8 months ago
Mar 15, 2024
|
Sell 365 K USD
|
Schneider Peter W.
President |
- 1500
|
243.41 USD |
|
8 months ago
Mar 13, 2024
|
Sell 58.4 K USD
|
Jendusa Nicholas Adam
Principal Accounting Officer |
- 233.85
|
249.811 USD |
|
8 months ago
Mar 11, 2024
|
Sell 923 K USD
|
Pitts Gregory C.
Executive VP and COO |
- 3759
|
245.4267 USD |
|
8 months ago
Feb 22, 2024
|
Sell 303 K USD
|
Addison John A. Jr.
Director |
- 1215
|
249 USD |
|
9 months ago
Feb 16, 2024
|
Sell 986 K USD
|
Williams Glenn J.
Chief Executive Officer |
- 4000
|
246.5485 USD |
|
8 months ago
Feb 20, 2024
|
Sell 184 K USD
|
Babbit Joel M.
Director |
- 750
|
245.46 USD |
|
9 months ago
Feb 16, 2024
|
Sell 308 K USD
|
CRITTENDEN GARY L
Director |
- 1247
|
247.334 USD |
|
11 months ago
Nov 30, 2023
|
Sell 630 K USD
|
Rand Alison S.
Executive VP and CFO |
- 3000
|
210.07 USD |
|
1 year ago
Nov 10, 2023
|
Sell 818 K USD
|
Williams Glenn J.
Chief Executive Officer |
- 4000
|
204.6098 USD |
|
1 year ago
Aug 30, 2023
|
Sell 607 K USD
|
Rand Alison S.
Executive VP and CFO |
- 3000
|
202.256 USD |
|
1 year ago
Aug 28, 2023
|
Sell 705 K USD
|
Schneider Peter W.
President |
- 3500
|
201.4322 USD |
|
1 year ago
Aug 10, 2023
|
Sell 854 K USD
|
Williams Glenn J.
Chief Executive Officer |
- 4000
|
213.4672 USD |
|
1 year ago
Jun 07, 2023
|
Sell 765 K USD
|
Williams Glenn J.
Chief Executive Officer |
- 4000
|
191.2544 USD |
|
1 year ago
Jun 07, 2023
|
Sell 384 K USD
|
Schneider Peter W.
President |
- 2000
|
192.1911 USD |
|
1 year ago
Jun 07, 2023
|
Sell 323 K USD
|
Addison John A. Jr.
Director |
- 1700
|
189.95 USD |
|
1 year ago
May 31, 2023
|
Sell 276 K USD
|
Rand Alison S.
Executive VP and CFO |
- 1500
|
183.81 USD |
|
1 year ago
May 26, 2023
|
Sell 647 K USD
|
Schneider Peter W.
President |
- 3500
|
184.9887 USD |
|
1 year ago
Mar 02, 2023
|
Sell 781 K USD
|
Pitts Gregory C.
Executive VP and COO |
- 4155
|
188.0603 USD |
|
1 year ago
Mar 02, 2023
|
Sell 623 K USD
|
Pitts Gregory C.
Executive VP and COO |
- 3304
|
188.429 USD |
|
1 year ago
Mar 02, 2023
|
Sell 1.01 M USD
|
Pitts Gregory C.
Executive VP and COO |
- 5444
|
184.645 USD |
|
1 year ago
Mar 06, 2023
|
Sell 826 K USD
|
Pitts Gregory C.
Executive VP and COO |
- 4511
|
183.1359 USD |
|
1 year ago
Mar 02, 2023
|
Sell 494 K USD
|
Rand Alison S.
Executive VP and CFO |
- 2656
|
185.9563 USD |
|
1 year ago
Mar 02, 2023
|
Sell 336 K USD
|
Rand Alison S.
Executive VP and CFO |
- 1804
|
186.4862 USD |
|
1 year ago
Mar 02, 2023
|
Sell 989 K USD
|
Rand Alison S.
Executive VP and CFO |
- 5340
|
185.2253 USD |
|
1 year ago
Mar 02, 2023
|
Sell 521 K USD
|
Schneider Peter W.
President |
- 2809
|
185.6042 USD |
|
1 year ago
Mar 02, 2023
|
Sell 17.1 K USD
|
BENSON P GEORGE
Director |
- 92
|
186.03 USD |
|
1 year ago
Mar 02, 2023
|
Sell 1.05 M USD
|
BENSON P GEORGE
Director |
- 5645
|
185.6846 USD |
|
1 year ago
Feb 28, 2023
|
Sell 279 K USD
|
Rand Alison S.
Executive VP and CFO |
- 1500
|
185.68 USD |
|
1 year ago
Feb 24, 2023
|
Sell 614 K USD
|
Schneider Peter W.
President |
- 3500
|
175.465 USD |
|
1 year ago
Feb 21, 2023
|
Sell 668 K USD
|
Williams Glenn J.
Chief Executive Officer |
- 4000
|
167.0975 USD |
|
1 year ago
Nov 30, 2022
|
Sell 218 K USD
|
Rand Alison S.
Executive VP and CFO |
- 1500
|
145.47 USD |
|
1 year ago
Nov 23, 2022
|
Sell 508 K USD
|
Schneider Peter W.
President |
- 3500
|
145.1886 USD |
|
1 year ago
Nov 21, 2022
|
Sell 570 K USD
|
Williams Glenn J.
Chief Executive Officer |
- 4000
|
142.3837 USD |
|
2 years ago
Aug 31, 2022
|
Sell 191 K USD
|
Rand Alison S.
Executive VP and CFO |
- 1500
|
127.4 USD |
|
2 years ago
Aug 19, 2022
|
Sell 536 K USD
|
Williams Glenn J.
Chief Executive Officer |
- 4000
|
133.9266 USD |
|
2 years ago
Aug 16, 2022
|
Sell 700 K USD
|
Pitts Gregory C.
Executive VP and COO |
- 5173
|
135.3732 USD |
|
2 years ago
May 31, 2022
|
Sell 187 K USD
|
Rand Alison S.
Executive VP and CFO |
- 1500
|
124.81 USD |
|
2 years ago
May 27, 2022
|
Sell 442 K USD
|
Schneider Peter W.
President |
- 3500
|
126.2351 USD |
|
2 years ago
May 20, 2022
|
Sell 477 K USD
|
Williams Glenn J.
Chief Executive Officer |
- 4000
|
119.3174 USD |
|
2 years ago
Feb 28, 2022
|
Sell 192 K USD
|
Rand Alison S.
Executive VP and CFO |
- 1500
|
127.74 USD |
|
2 years ago
Feb 25, 2022
|
Sell 457 K USD
|
Schneider Peter W.
President |
- 3500
|
130.49 USD |
|
2 years ago
Nov 30, 2021
|
Sell 221 K USD
|
Rand Alison S.
Executive VP and CFO |
- 1500
|
147.56 USD |
|
2 years ago
Nov 29, 2021
|
Sell 522 K USD
|
Schneider Peter W.
President |
- 3500
|
149.1139 USD |
|
3 years ago
Nov 12, 2021
|
Sell 648 K USD
|
Williams Glenn J.
Chief Executive Officer |
- 4000
|
161.9362 USD |
|
3 years ago
Aug 31, 2021
|
Sell 228 K USD
|
Rand Alison S.
Executive VP and CFO |
- 1500
|
152.2 USD |
|
3 years ago
Aug 27, 2021
|
Sell 534 K USD
|
Schneider Peter W.
President |
- 3500
|
152.5442 USD |
|
3 years ago
Aug 13, 2021
|
Sell 601 K USD
|
Williams Glenn J.
Chief Executive Officer |
- 4000
|
150.3436 USD |
|
3 years ago
Jun 15, 2021
|
Sell 639 K USD
|
Schneider Peter W.
President |
- 4030
|
158.4638 USD |
|
3 years ago
Jun 09, 2021
|
Sell 250 K USD
|
Addison John A. Jr.
Director |
- 1525
|
163.84 USD |
|
3 years ago
Jun 01, 2021
|
Sell 326 K USD
|
Rand Alison S.
Executive VP and CFO |
- 2000
|
163 USD |
|
3 years ago
May 28, 2021
|
Sell 482 K USD
|
Schneider Peter W.
President |
- 3000
|
160.8301 USD |
|
3 years ago
May 25, 2021
|
Sell 175 K USD
|
Babbit Joel M.
Director |
- 1100
|
159.2236 USD |
|
3 years ago
May 14, 2021
|
Sell 483 K USD
|
Williams Glenn J.
Chief Executive Officer |
- 3000
|
160.9048 USD |
|
3 years ago
May 10, 2021
|
Sell 1.3 M USD
|
Pitts Gregory C.
Executive VP and COO |
- 8000
|
162.9771 USD |
|
3 years ago
Feb 26, 2021
|
Sell 427 K USD
|
Schneider Peter W.
President |
- 3000
|
142.1814 USD |
|
3 years ago
Feb 26, 2021
|
Sell 286 K USD
|
Rand Alison S.
Executive VP and CFO |
- 2000
|
142.8 USD |
|
3 years ago
Feb 17, 2021
|
Sell 428 K USD
|
Williams Glenn J.
Chief Executive Officer |
- 3000
|
142.8265 USD |
|
3 years ago
Nov 30, 2020
|
Sell 266 K USD
|
Rand Alison S.
Executive VP and CFO |
- 2000
|
133.08 USD |
|
3 years ago
Nov 27, 2020
|
Sell 403 K USD
|
Schneider Peter W.
President |
- 3000
|
134.3846 USD |
|
4 years ago
Nov 13, 2020
|
Sell 379 K USD
|
Williams Glenn J.
Chief Executive Officer |
- 3000
|
126.2926 USD |
|
4 years ago
Aug 31, 2020
|
Sell 252 K USD
|
Rand Alison S.
Executive VP and CFO |
- 2000
|
126.21 USD |
|
4 years ago
Aug 28, 2020
|
Sell 381 K USD
|
Schneider Peter W.
President |
- 3000
|
127.1155 USD |
|
4 years ago
Aug 14, 2020
|
Sell 406 K USD
|
Williams Glenn J.
Chief Executive Officer |
- 3000
|
135.4325 USD |
|
4 years ago
Aug 11, 2020
|
Sell 407 K USD
|
Pitts Gregory C.
Executive VP and COO |
- 3000
|
135.7033 USD |
|
4 years ago
Dec 16, 2019
|
Bought 58.7 USD
|
Dheer Sanjeev
Director |
+ 0.4262
|
137.6209 USD |
|
4 years ago
Jun 08, 2020
|
Sell 361 K USD
|
Pitts Gregory C.
Executive VP and COO |
- 2809
|
128.395 USD |
|
4 years ago
May 29, 2020
|
Sell 341 K USD
|
Schneider Peter W.
President |
- 3000
|
113.6516 USD |
|
4 years ago
May 29, 2020
|
Sell 228 K USD
|
Rand Alison S.
Executive VP and CFO |
- 2000
|
113.77 USD |
|
4 years ago
May 15, 2020
|
Sell 302 K USD
|
Williams Glenn J.
Chief Executive Officer |
- 3000
|
100.6992 USD |
|
4 years ago
Feb 28, 2020
|
Sell 220 K USD
|
Rand Alison S.
Executive VP and CFO |
- 2000
|
110.024 USD |
|
4 years ago
Feb 28, 2020
|
Sell 329 K USD
|
Schneider Peter W.
President |
- 3000
|
109.8238 USD |
7. News
PFSL Fund Management Ltd. Announces Risk Rating Change for Primerica Income Fund
MISSISSAUGA, Ontario--(BUSINESS WIRE)--PFSL Fund Management Ltd. (PFSL) announced today that it has changed the risk rating for Primerica Income Fund (the Fund) from "low" to "low to medium”. The change is a result of the risk rating methodology mandated by the Canadian Securities Administrators and the periodic review by PFSL to determine the risk level of its publicly-offered mutual funds. No material changes have been made to the investment objective, strategies or management of the Fund as.
businesswire.com
- 1 day ago
Primerica Announces $450 Million Share Repurchase Program for 2025
DULUTH, Ga.--(BUSINESS WIRE)--After reporting solid third quarter results, Primerica, Inc. (NYSE: PRI) today announced that its Board of Directors has authorized a $450 million share repurchase program to occur through December 31, 2025. Share repurchases may be made from time to time through open market transactions, block trades and/or privately negotiated transactions and are subject to market conditions, as well as corporate, regulatory, and other considerations. “We are pleased with our su.
businesswire.com
- 2 days ago
Primerica, Inc. (PRI) Q3 2024 Earnings Call Transcript
Primerica, Inc. (NYSE:PRI ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Nicole Russell - Senior Vice President, Investor Relations Glenn Williams - Chief Executive Officer Tracy Tan - Executive Vice President & Chief Financial Officer Conference Call Participants Ryan Krueger - KBW Dan Bergman - TD Securities John Barnidge - Piper Sandler Wilma Burdis - Raymond James Jeff Schmitt - William Blair Suneet Kamath - Jefferies Mark Hughes - Truist Securities Operator Greetings, and welcome to the Primerica Third Quarter 2024 Earnings Call and Webcast. At this time, all participants are in a listen-only mode.
seekingalpha.com
- 1 week ago
Primerica (PRI) Reports Q3 Earnings: What Key Metrics Have to Say
The headline numbers for Primerica (PRI) give insight into how the company performed in the quarter ended September 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 week ago
Primerica (PRI) Surpasses Q3 Earnings and Revenue Estimates
Primerica (PRI) came out with quarterly earnings of $5.68 per share, beating the Zacks Consensus Estimate of $4.78 per share. This compares to earnings of $4.28 per share a year ago.
zacks.com
- 1 week ago
Primerica Reports Third Quarter 2024 Results
DULUTH, Ga.--(BUSINESS WIRE)--PRIMERICA REPORTS THIRD QUARTER 2024 RESULTS.
businesswire.com
- 1 week ago
Insights Into Primerica (PRI) Q3: Wall Street Projections for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Primerica (PRI), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
zacks.com
- 1 week ago
Primerica Household Budget Index: Purchasing Power for Middle-Income Families Rose for the Fifth Consecutive Month as Gas Prices Sharply Declined
DULUTH, Ga.--(BUSINESS WIRE)--Primerica, Inc. (NYSE: PRI), a leading provider of financial services and products in the United States and Canada, announced today the release of the Primerica Household Budget Index™ (HBI™), a monthly index illustrating the purchasing power of middle-income households with income between $30,000 and $130,000. In September 2024, the average purchasing power for middle-income families was 102.7%, up from 102.1% in August 2024. This marks the fifth consecutive month.
businesswire.com
- 2 weeks ago
Primerica (PRI) Reports Next Week: Wall Street Expects Earnings Growth
Primerica (PRI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 2 weeks ago
Are You Looking for a Top Momentum Pick? Why Primerica (PRI) is a Great Choice
Does Primerica (PRI) have what it takes to be a top stock pick for momentum investors? Let's find out.
zacks.com
- 1 month ago
5 Life Insurance Stocks to Buy Despite Fed's Interest Rate Cut
Redesigning and repricing of products and services and a rising rate environment are likely to help Zacks Life Insurance industry players like MFC, SLF, RGA, PRI and BHF. These companies are investing heavily in digitization.
zacks.com
- 1 month ago
National Survey: Middle-Income Families Are Feeling Increasingly Negative About Personal Finances Despite an Uptick in Purchasing Power
DULUTH, Ga.--(BUSINESS WIRE)--Primerica, Inc. (NYSE: PRI), a leading provider of financial services and products in the United States and Canada, released its Financial Security Monitor™ (FSM™) survey for the third quarter of 2024, revealing that a majority of middle-income Americans are feeling increasingly pessimistic about their personal finances, the economic health of their communities and their ability to save for the future. “For the first time in a year, a majority of middle-income hous.
businesswire.com
- 1 month ago
8. Profile Summary
Primerica, Inc. PRI
COUNTRY
US
INDUSTRY
Insurance - Life
MARKET CAP
$ 9.97 B
Dividend Yield
0.34%
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
2849
Officers
Mr. Robert Hudson Peterman Jr.
Executive Vice President & Chief Operating Officer
Ms. Julie Anne Seman
Executive Vice President and Chief Marketing & Innovation Officer
Mr. Peter Wayne Schneider
President
Ms. Tracy Xiangyan Tan
Executive Vice President & Chief Financial Officer
Mr. Nicholas Adam Jendusa
Principal Accounting Officer, Executive Vice President & Controller
Mr. Gregory Carl Pitts
Executive Vice President
Mr. Michael Craig Adams
Executive Vice President of Special Strategic Projects
Mr. Glenn Jackson Williams
Chief Executive Officer & Director
Ms. Lisa Abraham Brown
Executive Vice President & Chief People Officer
Ms. Nicole Russell
Senior Vice President of Investor Relations