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PRI

Primerica Inc

PRI

208.24USD-3.83 (-1.81%)Market Closed
Watchlist

Market Summary

USD208.24-3.83
Market Closed
-1.81%

PRI Alerts

  • 2 major insider sales recently.
  • Big jump in Earnings (Y/Y)

PRI Stock Price

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PRI RSI Chart

PRI Alerts

PRI Valuation

Market Cap

7.4B

Price/Earnings (Trailing)

13.97

Price/Sales (Trailing)

2.65

EV/EBITDA

9.26

Price/Free Cashflow

11.19

PRI Price/Sales (Trailing)

PRI Profitability

EBT Margin

20.37%

Return on Equity

21.69%

Return on Assets

2.82%

Free Cashflow Yield

8.94%

PRI Fundamentals

PRI Revenue

Revenue (TTM)

2.8B

Revenue Y/Y

5.59%

Revenue Q/Q

3.28%

PRI Earnings

Earnings (TTM)

526.7M

Earnings Y/Y

193.52%

Earnings Q/Q

5.23%

Price Action

Last 7 days

-0.6%

Last 30 days

4.1%

Last 90 days

3.3%

Trailing 12 Months

47.7%

How does PRI drawdown profile look like?

PRI Financial Health

PRI Investor Care

Dividend Yield

1.2%

Dividend/Share (TTM)

2.5

Buy Backs (1Y)

4.55%

Diluted EPS (TTM)

14.41

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20232.7B2.7B2.8B0
20222.8B2.8B2.8B2.7B
20212.3B2.5B2.6B2.7B
20202.1B2.1B2.2B2.2B
20191.9B2.0B2.0B2.1B
20181.7B1.8B1.9B1.9B
20171.6B1.6B1.6B1.7B
20161.4B1.5B1.5B1.5B
20151.4B1.4B1.4B1.4B
20141.3B1.3B1.3B1.3B
20131.2B1.2B1.2B1.2B
20121.1B1.1B1.2B1.2B
20111.3B1.2B1.2B1.1B
20101.9B1.7B1.5B1.4B
20090002.1B
Get all data in R, Python etc through our Historical Stock Data APIs

Latest Insider Trading transactions for PRI

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Nov 30, 2023
rand alison s.
sold
-630,210
210
-3,000
executive vp and cfo
Nov 10, 2023
williams glenn j.
sold
-818,439
204
-4,000
chief executive officer
Sep 30, 2023
day cynthia n
acquired
31,250
194
161
-
Sep 11, 2023
crittenden gary l
acquired
12,206
201
60.53
-
Sep 11, 2023
williams donald r.
acquired
4,949
201
24.545
-
Sep 11, 2023
perez beatriz r
acquired
6,306
201
31.271
-
Sep 11, 2023
cottle amber lynne
acquired
1,192
201
5.915
-
Sep 11, 2023
day cynthia n
acquired
11,271
201
55.893
-
Sep 11, 2023
babbit joel m.
acquired
3,980
201
19.737
-
Sep 11, 2023
yastine barbara a.
acquired
8,466
201
41.983
-

1–10 of 50

Which funds bought or sold PRI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
CITIGROUP INC
reduced
-54.41
-699,942
566,315
 -%
Dec 06, 2023
Raleigh Capital Management Inc.
added
3.97
544
25,479
 0.01%
Dec 06, 2023
VisionPoint Advisory Group, LLC
added
600
2,320
2,716
 -%
Dec 01, 2023
B. Riley Wealth Advisors, Inc.
added
22.71
87,016
513,744
 0.01%
Nov 27, 2023
OKABENA INVESTMENT SERVICES INC
unchanged
-
-68.00
3,492
 -%
Nov 27, 2023
USA FINANCIAL FORMULAS
sold off
-100
-51,022
-
 -%
Nov 24, 2023
DEUTSCHE BANK AG\
reduced
-24.37
-254,209
731,030
 -%
Nov 24, 2023
EP Wealth Advisors, LLC
reduced
-99.93
-24,879
611,908
 0.01%
Nov 21, 2023
Walleye Trading LLC
reduced
-66.32
-165,522
81,678
 -%
Nov 21, 2023
COMERICA BANK
reduced
-80.02
4,407,990
4,409,990
 0.02%

1–10 of 47

Latest Funds Activity

Are funds buying PRI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own PRI
No. of Funds

Schedule 13G FIlings of Primerica Inc

Date FiledName of FilerPercent of ClassNo. of SharesForm 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

Recent SEC filings of Primerica Inc

View All Filings
Date Filed Form Type Document
Dec 06, 2023
8-K
Current Report
Dec 01, 2023
4
Insider Trading
Nov 30, 2023
144
Notice of Insider Sale Intent
Nov 13, 2023
144
Notice of Insider Sale Intent
Nov 13, 2023
4
Insider Trading
Nov 08, 2023
10-Q
Quarterly Report
Nov 08, 2023
8-K
Current Report
Oct 16, 2023
3
Insider Trading
Oct 16, 2023
4
Insider Trading
Oct 02, 2023
4
Insider Trading

PRI Fair Value

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Peers (Alternatives to Primerica Inc)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
AJG
52.0B
9.7B
 -1.22% 24.63%
45.73
5.38
 13.81% 5.58%
AFL
49.3B
19.0B
 1.26% 15.85%
10.79
2.59
 -8.29% -10.06%
AIG
47.5B
49.4B
 3.65% 6.68%
11.85
0.96
 -13.81% -70.07%
TRV
41.5B
40.1B
 7.01% -2.27%
19.02
1.04
 10.52% -34.92%
ACGL
28.9B
12.8B
 -8.28% 30.24%
9.73
2.26
 66.43% 139.35%
MID-CAP
AFG
9.7B
7.7B
 3.71% -13.39%
11.22
1.26
 11.70% -11.46%
UNM
9.2B
12.2B
 -2.31% 3.80%
6.51
0.77
 2.39% 4.64%
AIZ
8.8B
10.8B
 5.34% 30.64%
16.74
0.82
 6.78% 60.32%
AEL
4.4B
2.4B
 2.94% 41.87%
3.98
1.8
 30.04% -43.02%
LNC
4.1B
14.8B
 5.86% -28.38%
3.19
0.28
 -26.79% 3.19%
SMALL-CAP
BRP
1.2B
1.2B
 -12.21% -28.42%
-11.16
0.98
 32.00% -553.83%
ARGO
1.1B
1.5B
 0.60% 15.65%
-5.62
0.73
 -24.08% -3.53%
AMSF
912.4M
306.5M
 -6.65% -6.54%
14.32
2.98
 4.48% 66.05%
AMBC
677.4M
413.5M
 20.11% -7.13%
3.47
1.64
 22.34% -40.00%
AAME
39.2M
185.3M
 11.63% -28.89%
12.62
0.21
 -3.68% -1.30%

Primerica Inc News

Latest updates
Nasdaq • 07 Dec 2023 • 03:29 pm • 16 hours ago
Reinsurance Group (RGA) Expands Capacity With Launch of Ruby Re
DirectorsTalk Interviews • 07 Dec 2023 • 02:13 pm • 17 hours ago
Primerica, Inc. - Consensus 'buy' rating and 6.3% Upside Potential
Yahoo Finance • 06 Dec 2023 • 09:15 pm • 34 hours ago
Primerica Board of Directors Elects Former GE Executive Darryl ...
Nasdaq • 06 Dec 2023 • 03:04 pm • 40 hours ago
Manulife's (MFC) Unit Inks Partnership With StepStone & Scannell
Nasdaq • 06 Dec 2023 • 02:49 pm • 40 hours ago
Why You Should Add Blue Owl Capital (OBDC) to Your Portfolio
Simply Wall St • 06 Dec 2023 • 11:01 am • 44 hours ago
Primerica Insiders Sell US$7.6m Of Stock, Possibly Signalling Caution
Yahoo Finance • 02 Dec 2023 • 12:06 pm • 5 days ago
Executive VP and CFO Alison Rand Sells 3,000 Shares of Primerica ...
MarketBeat • 02 Dec 2023 • 02:37 am • 6 days ago
Insider Selling: Primerica, Inc. (NYSE:PRI) CFO Sells 3000 Shares ...
MarketBeat • 01 Dec 2023 • 01:29 pm • 6 days ago
Geode Capital Management LLC Purchases 76509 Shares of ...
Business Wire • 30 Nov 2023 • 05:00 am • 8 days ago
Primerica Household Budget Index™: Middle-Income Households ...
Yahoo Finance • 21 Nov 2023 • 08:00 am • 16 days ago
Brighthouse (BHF) Enhances Annuity Suite With New Launch
DirectorsTalk Interviews • 17 Nov 2023 • 02:37 pm • 20 days ago
Primerica, Inc. - Consensus 'buy' rating and 8.5% Upside Potential
Yahoo Finance • 17 Nov 2023 • 08:00 am • 20 days ago
Primerica (PRI) OKs $425M Buyback Program to Share More Profit
Nasdaq • 17 Nov 2023 • 08:00 am • 20 days ago
Brighthouse (BHF) Announces Buyback Authorization Worth $750M
Nasdaq • 16 Nov 2023 • 08:00 am • 21 days ago
Ex-Dividend Reminder: Carlyle Group, Primerica and Piper Sandler ...

Financials for Primerica Inc

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue3.3%711688690687673669691724693655638598568526525532521505495487485
EBITDA Margin---0.23*0.20*0.17*0.67*0.20*0.21*0.24*0.25*0.25*0.25*0.25*0.25*0.25*0.26*-----
Interest Expenses-0.8%7.007.007.007.007.007.007.009.008.007.007.007.007.007.007.007.007.007.007.007.007.00
Income Taxes5.3%47.0044.0038.0028.0034.0037.0034.0032.0036.0041.0030.0032.0034.0033.0022.0029.0029.0030.0023.0021.0026.00
Earnings Before Taxes5.2%19918916313386.0016314666.0014716912813214613495.00122125127102108111
EBT Margin---0.20*0.18*0.14*0.58*0.18*0.19*0.22*0.23*0.23*0.23*0.23*0.23*0.23*0.23*-----
Net Income5.2%15214512510552.0012811535.0011212898.0010011210272.0094.0096.0097.0079.0087.0085.00
Net Income Margin---0.15*0.14*0.10*-0.31*0.13*0.14*0.17*0.18*0.18*0.17*0.18*0.17*0.17*0.18*-----
Free Cashflow---17620616717021422216015511723785.00183129162-----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets-2.2%14,43314,75214,79614,64115,04215,32915,93516,12315,81615,52015,11414,90514,30113,96513,27113,68913,45213,31813,07712,59512,708
    Cash Equivalents-16.5%469562515489438400360393326775440548331360273257238245280262225
  Goodwill0.0%1281281281281289.00179179224264-----------
Liabilities-4.8%12,12112,73612,87512,61013,42213,55114,00414,03313,71013,50113,23713,06912,58012,32211,74112,03611,84411,73211,55511,13411,264
Shareholder's Equity14.7%2,3122,0151,9212,0311,6201,8091,4359252,0992,0191,8771,8361,7201,6431,5301,6521,6081,5861,5211,4621,443
  Retained Earnings1.1%2,2152,1902,1522,1541,8881,9481,9802,0051,9881,8951,7851,7061,6291,5701,5661,5931,5531,5381,5071,4901,453
  Additional Paid-In Capital--------5.0017.0013.008.00----------
Shares Outstanding-1.4%35.0036.0036.0037.0037.0038.0039.0039.0039.0039.0039.0039.0039.0040.0040.0041.0041.0042.0042.0043.0043.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations3.0%139,767135,746175,946206,387166,796170,183214,299221,835160,328155,335119,458239,46487,528184,903131,522164,182136,246118,66466,421192,787125,031
  Share Based Compensation-17.1%2,0372,45612,1292,7091,0616,15412,4372,0086422,53911,6533,2902,2192,35711,1612,4642,0702,10410,8961,8731,985
Cashflow From Investing-325.9%-101,59844,979-31,186-103,257-7,97323,854-112,672-200,826-589,48970,174-203,2424,548-60,8113,478-744-87,125-57,997-82,04025,278-100,678-13,846
Cashflow From Financing3.7%-129,881-134,926-118,992-52,554-118,155-152,570-134,57145,699-18,827105,754-24,652-29,340-57,507-102,669-112,274-58,369-85,072-71,706-74,987-54,192-45,428
  Dividend Payments-1.1%23,33623,59923,91020,38920,57121,17821,64518,68518,67118,66018,62015,85015,88216,08416,53014,16214,32314,51714,62810,85910,917
  Buy Backs-3.9%106,463110,76285,27531,95297,392127,95299,010----13,35241,50386,51390,06343,96870,33857,10653,62542,75133,619

PRI Income Statement

2023-09-30
Condensed Consolidated Statements of Income - Unaudited - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:    
Direct premiums$ 831,681$ 810,079$ 2,477,850$ 2,417,639
Ceded premiums(411,015)(404,870)(1,241,629)(1,223,804)
Net premiums420,666405,2091,236,2211,193,835
Commissions and fees238,902225,468703,579717,956
Investment income net of investment expenses51,03640,629147,540112,148
Interest expense on surplus note(16,306)(16,283)(49,348)(47,613)
Net investment income34,73024,34698,19264,535
Realized investment gains (losses)(3)292(650)924
Other investment gains (losses)(1,792)(2,991)(6,080)(4,765)
Investment gains (losses)(1,795)(2,699)(6,730)(3,841)
Other, net18,42920,96558,09160,709
Revenues710,932673,2892,089,3532,033,194
Benefits and expenses:    
Benefits and claims162,062159,396474,240471,349
Future policy benefits remeasurement (gain) loss1791,514(1,129)668
Amortization of deferred policy acquisition costs69,40566,077205,438194,761
Sales commissions116,200105,915340,697359,602
Insurance expenses57,82157,552178,039176,521
Insurance commissions7,9117,66625,19222,982
Contract acquisition costs12,56813,44640,15453,479
Interest expense6,6326,80220,00820,469
Goodwill impairment loss 60,000 60,000
Other operating expenses79,35373,791252,075239,952
Total benefits and expenses512,131552,1591,534,7141,599,783
Income before income taxes198,801121,130554,639433,411
Income taxes46,73841,569129,973113,102
Net income152,06379,561424,666320,309
Net income (loss) attributable to noncontrolling interests  (5,038)
Net income attributable to Primerica, Inc.$ 152,063$ 79,561$ 424,666$ 325,347
Earnings per share attributable to common stockholders:    
Basic earnings per share$ 4.23$ 2.12$ 11.67$ 8.45
Diluted earnings per share$ 4.23$ 2.11$ 11.65$ 8.42
Weighted-average shares used in computing earnings per share:    
Basic35,76037,43836,22538,342
Diluted35,82237,54136,30238,452

PRI Balance Sheet

2023-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Investments:  
Fixed-maturity securities available-for-sale, at fair value (amortized cost: $2,931,819 in 2023 and $2,801,415 in 2022)$ 2,589,000$ 2,495,456
Fixed-maturity security held-to-maturity, at amortized cost (fair value: $1,285,369 in 2023 and $1,340,265 in 2022)1,417,4601,444,920
Short-term investments available-for-sale, at fair value (amortized cost: $20,056 in 2023 and $69,393 in 2022)20,05169,406
Equity securities, at fair value (historical cost: $27,359 in 2023 and $29,430 in 2022)29,12335,404
Trading securities, at fair value (cost: $18,837 in 2023 and $4,229 in 2022)18,1603,698
Policy loans and other invested assets49,84048,713
Total investments4,123,6344,097,597
Cash and cash equivalents468,762489,240
Accrued investment income23,79720,885
Reinsurance recoverables2,954,2453,209,540
Deferred policy acquisition costs, net3,374,6273,188,502
Renewal commissions receivable191,818200,043
Agent balances, due premiums and other receivables287,138254,276
Goodwill127,707127,707
Intangible assets, net (accumulated amortization: $23,625 in 2023 and $15,750 in 2022)177,650185,525
Income taxes106,03393,632
Operating lease right-of-use assets55,20340,500
Other assets359,010428,259
Separate account assets2,183,4352,305,717
Total assets14,433,05914,641,423
Liabilities:  
Future policy benefits6,045,1516,297,906
Unearned and advance premiums15,38715,422
Policy claims and other benefits payable475,403538,250
Other policyholders’ funds447,876483,769
Note payable593,508592,905
Surplus note1,417,0561,444,469
Income taxes227,866204,018
Total lease liabilities61,78345,995
Other liabilities575,143580,780
Payable under securities lending77,956100,938
Separate account liabilities2,183,4352,305,717
Commitments and contingent liabilities (see Commitments and Contingent Liabilities note)
Total liabilities12,120,56412,610,169
Equity attributable to Primerica, Inc.:  
Common stock ($0.01 par value; authorized 500,000 shares in 2023 and 2022; issued and outstanding 35,342 shares in 2023 and 36,824 shares in 2022)353368
Retained earnings2,215,3782,153,617
Accumulated other comprehensive income (loss), net of income tax:  
Effect of change in discount rate assumptions on the liability for future policy benefits377,635130,416
Unrealized foreign currency translation gains (losses)(11,269)(12,279)
Net unrealized investment gains (losses) on available-for-sale securities(269,602)(240,868)
Total permanent stockholders’ equity2,312,4952,031,254
Total liabilities and temporary and permanent stockholders’ equity$ 14,433,059$ 14,641,423

About Primerica Inc

PRI
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 and accidental death. It distributes and sells its products through licensed sales representatives. Primerica, Inc. was founded in 1927 and is headquartered in Duluth, Georgia.
 CEO
 WEBSITEwww.primerica.com
 EMPLOYEES2646

Primerica Inc Frequently Asked Questions

What is the ticker symbol for Primerica Inc? What does PRI stand for in stocks?

PRI is the stock ticker symbol of Primerica Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Primerica Inc (PRI)?

As of Thu Dec 07 2023, market cap of Primerica Inc is 7.36 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PRI stock?

You can check PRI's fair value in chart. The fair value of Primerica Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Primerica Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PRI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Primerica Inc a good stock to buy?

The fair value guage provides a quick view whether PRI is over valued or under valued. Whether Primerica Inc is cheap or expensive depends on the assumptions which impact Primerica Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PRI.

What is Primerica Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Dec 07 2023, PRI's PE ratio (Price to Earnings) is 13.97 and Price to Sales (PS) ratio is 2.65. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PRI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Primerica Inc's stock?

In the past 10 years, Primerica Inc has provided 0.183 (multiply by 100 for percentage) rate of return.