Last 7 days
0.4%
Last 30 days
4.8%
Last 90 days
1.8%
Trailing 12 Months
48.8%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
MET | 39.9B | 69.5B | -12.07% | -21.42% | 20.44 | 0.57 | -2.45% | -71.62% |
TRV | 39.8B | 37.8B | -2.45% | 0.63% | 14.22 | 1.05 | 6.99% | -29.09% |
PRU | 38.7B | 63.9B | -4.25% | -21.58% | 125.56 | 0.61 | -4.94% | -99.02% |
RE | 24.5B | 12.4B | -5.12% | 26.78% | 41.05 | 1.97 | 3.58% | -56.71% |
ATH | 17.0B | 12.0B | - | - | -9.57 | 0.74 | -71.04% | -208.46% |
GL | 11.1B | 5.2B | -0.07% | 8.80% | -13.81 | 2.12 | 1.42% | -128.16% |
MID-CAP | ||||||||
PRI | 6.7B | 2.7B | 4.76% | 48.82% | 16.12 | 2.47 | -1.60% | 16.75% |
LNC | 3.6B | 17.9B | 4.45% | -60.50% | -1.13 | 0.2 | -10.49% | -282.57% |
AEL | 3.1B | 1.9B | 7.88% | 0.15% | 6.25 | 1.61 | -61.63% | -34.16% |
BHF | 2.8B | 7.0B | -0.98% | -14.47% | -2.46 | 0.4 | -21.55% | -201.34% |
GNW | 2.8B | 7.5B | 3.09% | 38.29% | 5.29 | 0.37 | -3.49% | -39.72% |
SMALL-CAP | ||||||||
VERY | 110.6M | 169.0M | -5.02% | -1.43% | -6.53 | 1.09 | -2.78% | -2.63% |
AAME | 50.3M | 192.4M | -3.26% | -24.83% | 16 | 0.26 | -8.30% | -76.65% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Revenue | 0.0% | 2,719 | 2,720 | 2,757 | 2,777 | 2,763 |
EBITDA | 21.3% | 555 | 458 | 520 | 549 | - |
EBITDA Margin | 23.0% | 0.20* | 0.17* | 0.67* | 0.20* | - |
Earnings Before Taxes | 12.2% | 554 | 494 | 392 | 454 | 486 |
EBT Margin | 27.5% | 0.18* | 0.14* | 0.58* | 0.18* | - |
Interest Expenses | -0.6% | 27.00 | 27.00 | 29.00 | 30.00 | 30.00 |
Net Income | 11.7% | 417 | 373 | 276 | 337 | 357 |
Net Income Margin | 37.0% | 0.14* | 0.10* | -0.31* | 0.13* | - |
Free Cahsflow | -2.0% | 758 | 773 | 767 | 752 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Assets | -3.6% | 14,796 | 15,349 | 15,042 | 15,329 | 15,935 |
Cash Equivalents | 5.3% | 515 | 489 | 438 | 400 | 360 |
Goodwill | 0.0% | 128 | 128 | 128 | 9.00 | 179 |
Liabilities | -5.5% | 12,875 | 13,627 | 13,422 | 13,551 | 14,004 |
Shareholder's Equity | 11.6% | 1,921 | 1,721 | 1,620 | 1,776 | 1,926 |
Retained Earnings | 9.0% | 2,152 | 1,973 | 1,888 | 1,948 | 1,980 |
Shares Outstanding | -1.1% | 36.00 | 37.00 | 37.00 | 38.00 | 39.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
Cashflow From Operations | -5.1% | 719 | 758 | 773 | 767 | 752 |
Share Based Compensation | -1.4% | 22.00 | 22.00 | 22.00 | 21.00 | 18.00 |
Cashflow From Investing | 40.7% | -118 | -200 | -297 | -879 | -832 |
Cashflow From Financing | 3.4% | -442 | -457 | -359 | -260 | -1.94 |
Dividend Payments | 2.7% | 86.00 | 84.00 | 82.00 | 80.00 | 78.00 |
55.8%
29.6%
19.2%
Y-axis is the maximum loss one would have experienced if Primerica was unfortunately bought at previous high price.
19.6%
20.0%
14.6%
18.5%
FIve years rolling returns for Primerica.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-05-23 | Brookfield Corp /ON/ | added | 39.74 | 4,902,430 | 11,934,900 | 0.05% |
2023-05-23 | Toroso Investments, LLC | new | - | 676,000 | 676,000 | 0.01% |
2023-05-22 | Raleigh Capital Management Inc. | new | - | 10,334 | 10,334 | -% |
2023-05-22 | AMERIPRISE FINANCIAL INC | added | 2.25 | 2,153,780 | 11,044,800 | -% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | reduced | -5.59 | 830,000 | 6,492,000 | 0.01% |
2023-05-18 | JPMORGAN CHASE & CO | added | 30.82 | 5,852,340 | 15,791,300 | -% |
2023-05-18 | SkyView Investment Advisors, LLC | added | 5.36 | 203,000 | 928,000 | 0.22% |
2023-05-17 | KB FINANCIAL PARTNERS, LLC | added | 3.57 | 175,000 | 855,000 | 0.25% |
2023-05-17 | B. Riley Wealth Advisors, Inc. | new | - | 688,239 | 688,239 | 0.02% |
2023-05-17 | Advisory Services Network, LLC | added | 14.29 | 16,562 | 59,250 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 14, 2023 | brave warrior advisors, llc | 5.86% | 2,160,660 | SC 13G/A | |
Feb 14, 2023 | kayne anderson rudnick investment management llc | 10.52% | 3,882,989 | SC 13G/A | |
Feb 14, 2023 | bamco inc /ny/ | 4.84% | 1,785,994 | SC 13G/A | |
Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 10.57% | 3,899,195 | SC 13G/A | |
Jan 25, 2023 | blackrock inc. | 8.8% | 3,264,431 | SC 13G/A | |
Feb 14, 2022 | kayne anderson rudnick investment management llc | 10.18% | 4,018,278 | SC 13G/A | |
Feb 14, 2022 | bamco inc /ny/ | 4.85% | 1,915,022 | SC 13G/A | |
Feb 09, 2022 | fmr llc | - | 0 | SC 13G | |
Feb 03, 2022 | blackrock inc. | 8.4% | 3,313,226 | SC 13G/A |
Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
---|---|---|---|---|---|
Very Low Inflation | 127.85 -30.72% | 176.36 -4.43% | 229.85 24.56% | 290.51 57.43% | 344.43 86.65% |
Current Inflation | 117.46 -36.35% | 159.01 -13.83% | 203.48 10.27% | 254.06 37.68% | 299.01 62.04% |
Very High Inflation | 104.58 -43.33% | 138.05 -25.19% | 172.37 -6.59% | 211.72 14.73% | 246.70 33.69% |
Date Filed | Form Type | Document | |
---|---|---|---|
May 26, 2023 | 144 | Notice of Insider Sale Intent | |
May 26, 2023 | 4 | Insider Trading | |
May 18, 2023 | 8-K | Current Report | |
May 18, 2023 | 4 | Insider Trading | |
May 18, 2023 | 4 | Insider Trading | |
May 18, 2023 | 4 | Insider Trading | |
May 18, 2023 | 4 | Insider Trading | |
May 18, 2023 | 4 | Insider Trading | |
May 18, 2023 | 4 | Insider Trading | |
May 18, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-05-17 | Cottle Amber Lynne | acquired | 129,931 | 180 | 720 | - |
2023-05-17 | Babbit Joel M. | acquired | 129,931 | 180 | 720 | - |
2023-05-17 | Dheer Sanjeev | acquired | 129,931 | 180 | 720 | - |
2023-05-17 | Perez Beatriz R | acquired | 129,931 | 180 | 720 | - |
2023-05-17 | Addison John A. Jr. | acquired | 129,931 | 180 | 720 | - |
2023-05-17 | CRITTENDEN GARY L | acquired | 129,931 | 180 | 720 | - |
2023-05-17 | DAY CYNTHIA N | acquired | 129,931 | 180 | 720 | - |
2023-05-17 | Yastine Barbara A. | acquired | 129,931 | 180 | 720 | - |
2023-05-17 | Williams Donald R. | acquired | 129,931 | 180 | 720 | - |
2023-03-31 | DAY CYNTHIA N | acquired | 31,250 | 168 | 184 | - |
Condensed Consolidated Statements of Income - Unaudited - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 12 Months Ended | |
---|---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | Dec. 31, 2022 | |
Revenues: | |||
Direct premiums | $ 817,872 | $ 798,666 | |
Ceded premiums | (405,347) | (399,885) | |
Net premiums | 412,525 | 398,781 | |
Commissions and fees | 231,547 | 251,800 | |
Investment income net of investment expenses | 47,500 | 34,420 | |
Interest expense on surplus note | (16,435) | (15,515) | |
Net investment income | 31,065 | 18,905 | |
Realized investment gains (losses) | (985) | 577 | |
Other investment gains (losses) | (3,623) | 174 | |
Investment gains (losses) | (4,608) | 751 | |
Other, net | 19,507 | 20,989 | |
Revenues | 690,036 | 691,226 | |
Benefits and expenses: | |||
Benefits and claims | 168,702 | 168,288 | |
Future policy benefits remeasurement (gain) loss | (508) | (1,272) | $ (500) |
Amortization of deferred policy acquisition costs | 67,358 | 63,223 | |
Sales commissions | 110,874 | 133,924 | |
Insurance expenses | 61,125 | 59,509 | |
Insurance commissions | 8,138 | 7,721 | |
Contract acquisition costs | 14,984 | 20,649 | |
Interest expense | 6,690 | 6,853 | |
Other operating expenses | 89,536 | 86,435 | |
Total benefits and expenses | 526,899 | 545,330 | |
Income before income taxes | 163,137 | 145,896 | |
Income taxes | 38,031 | 33,512 | |
Net income | 125,106 | 112,384 | |
Net income (loss) attributable to noncontrolling interests | (2,655) | ||
Net income attributable to Primerica, Inc. | $ 125,106 | $ 115,039 | |
Earnings per share attributable to common stockholders: | |||
Basic earnings per share | $ 3.39 | $ 2.92 | |
Diluted earnings per share | $ 3.38 | $ 2.91 | |
Weighted-average shares used in computing earnings per share: | |||
Basic | 36,710 | 39,221 | |
Diluted | 36,804 | 39,332 |
Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Investments: | ||
Fixed-maturity securities available-for-sale, at fair value (amortized cost: $2,822,996 in 2023 and $2,801,415 in 2022) | $ 2,558,626 | $ 2,495,456 |
Fixed-maturity security held-to-maturity, at amortized cost (fair value: $1,388,411 in 2023 and $1,340,265 in 2022) | 1,460,000 | 1,444,920 |
Short-term investments available-for-sale, at fair value (amortized cost: $70,185 in 2023 and $69,393 in 2022) | 70,187 | 69,406 |
Equity securities, at fair value (historical cost: $29,475 in 2023 and $29,430 in 2022) | 33,984 | 35,404 |
Trading securities, at fair value (cost: $19,033 in 2023 and $4,229 in 2022) | 18,497 | 3,698 |
Policy loans and other invested assets | 50,003 | 48,713 |
Total investments | 4,191,297 | 4,097,597 |
Cash and cash equivalents | 515,090 | 489,240 |
Accrued investment income | 22,153 | 20,885 |
Reinsurance recoverables | 3,179,074 | 3,176,397 |
Deferred policy acquisition costs, net | 3,256,845 | 3,194,029 |
Renewal commissions receivable | 194,409 | 200,043 |
Agent balances, due premiums and other receivables | 259,759 | 254,276 |
Goodwill | 127,707 | 127,707 |
Intangible assets, net (accumulated amortization: $18,375 in 2023 and $15,750 in 2022) | 182,900 | 185,525 |
Income taxes | 106,310 | 97,972 |
Operating lease right-of-use assets | 38,575 | 40,500 |
Other assets | 391,605 | 428,259 |
Separate account assets | 2,329,968 | 2,305,717 |
Total assets | 14,795,692 | 14,618,147 |
Liabilities: | ||
Future policy benefits | 6,561,624 | 6,297,906 |
Unearned and advance premiums | 16,703 | 15,422 |
Policy claims and other benefits payable | 498,483 | 538,250 |
Other policyholders’ funds | 481,561 | 483,769 |
Note payable | 593,106 | 592,905 |
Surplus note | 1,459,565 | 1,444,469 |
Income taxes | 199,394 | 202,462 |
Operating lease liabilities | 43,955 | 45,995 |
Other liabilities | 615,780 | 580,780 |
Payable under securities lending | 74,452 | 100,938 |
Separate account liabilities | 2,329,968 | 2,305,717 |
Commitments and contingent liabilities (see Commitments and Contingent Liabilities note) | ||
Total liabilities | 12,874,591 | 12,608,613 |
Equity attributable to Primerica, Inc.: | ||
Common stock ($0.01 par value; authorized 500,000 shares in 2023 and 2022; issued and outstanding 36,407 shares in 2023 and 36,824 shares in 2022) | 364 | 368 |
Retained earnings | 2,151,771 | 2,130,935 |
Accumulated other comprehensive income (loss), net of income tax: | ||
Effect of change in discount rate assumptions on the liability for future policy benefits | (11,679) | 131,295 |
Unrealized foreign currency translation gains (losses) | (11,198) | (12,196) |
Net unrealized investment gains (losses) on available-for-sale securities | (208,157) | (240,868) |
Total permanent stockholders’ equity | 1,921,101 | 2,009,534 |
Total liabilities and temporary and permanent stockholders’ equity | $ 14,795,692 | $ 14,618,147 |