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PRI

PRI - Primerica Inc Stock Price, Fair Value and News

227.37USD+1.79 (+0.79%)Market Closed

Market Summary

PRI
USD227.37+1.79
Market Closed
0.79%

PRI Alerts

  • 1 major insider sales recently.

PRI Stock Price

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PRI RSI Chart

PRI Valuation

Market Cap

7.8B

Price/Earnings (Trailing)

13.31

Price/Sales (Trailing)

2.73

EV/EBITDA

8.78

Price/Free Cashflow

10.76

PRI Price/Sales (Trailing)

PRI Profitability

EBT Margin

26.70%

Return on Equity

26.9%

Return on Assets

3.94%

Free Cashflow Yield

9.3%

PRI Fundamentals

PRI Revenue

Revenue (TTM)

2.9B

Rev. Growth (Yr)

7.65%

Rev. Growth (Qtr)

2.27%

PRI Earnings

Earnings (TTM)

587.9M

Earnings Growth (Yr)

10.23%

Earnings Growth (Qtr)

-10.12%

Breaking Down PRI Revenue

Last 7 days

-0.3%

Last 30 days

2.5%

Last 90 days

-9.0%

Trailing 12 Months

22.9%

How does PRI drawdown profile look like?

PRI Financial Health

PRI Investor Care

Dividend Yield

1.19%

Dividend/Share (TTM)

2.7

Buy Backs (1Y)

5.01%

Diluted EPS (TTM)

16.45

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20242.9B000
20232.7B2.7B2.8B2.8B
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
201001.9B1.6B1.4B
20090002.1B
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Tracking the Latest Insider Buys and Sells of Primerica Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 24, 2024
schneider peter w.
sold
-341,160
227
-1,500
president
May 08, 2024
perez beatriz r
acquired
149,940
219
684
-
May 08, 2024
yastine barbara a.
acquired
149,940
219
684
-
May 08, 2024
crittenden gary l
acquired
149,940
219
684
-
May 08, 2024
wilson darryl l.
acquired
149,940
219
684
-
May 08, 2024
babbit joel m.
acquired
149,940
219
684
-
May 08, 2024
williams donald r.
acquired
149,940
219
684
-
May 08, 2024
cottle amber lynne
acquired
149,940
219
684
-
May 08, 2024
addison john a. jr.
acquired
149,940
219
684
-
May 08, 2024
day cynthia n
acquired
149,940
219
684
-

1–10 of 50

Which funds bought or sold PRI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 20, 2024
Virtu Financial LLC
reduced
-6.28
33,000
242,000
0.02%
May 16, 2024
Tidal Investments LLC
reduced
-22.81
-21,821
405,748
0.01%
May 16, 2024
Redwood Investment Management, LLC
reduced
-13.43
91,000
1,499,000
0.14%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-44.23
-1,231,060
2,685,170
-%
May 16, 2024
COMERICA BANK
reduced
-9.18
936,934
8,981,440
0.04%
May 16, 2024
Semmax Financial Advisors Inc.
new
-
1,568
1,568
-%
May 16, 2024
B. Riley Wealth Advisors, Inc.
added
55.04
162,241
513,744
0.01%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-7.19
1,101,610
8,911,020
0.01%
May 16, 2024
SkyView Investment Advisors, LLC
added
2.95
330,000
1,571,000
0.29%
May 15, 2024
Voya Investment Management LLC
reduced
-7.47
337,206
2,788,630
-%

1–10 of 47

Are Funds Buying or Selling PRI?

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

Unveiling Primerica Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
brave warrior advisors, llc
6.03%
2,113,726
SC 13G/A
Feb 14, 2024
bamco inc /ny/
5.07%
1,774,994
SC 13G/A
Feb 13, 2024
vanguard group inc
10.48%
3,671,350
SC 13G/A
Feb 13, 2024
kayne anderson rudnick investment management llc
10.53%
3,690,764
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Jan 24, 2024
blackrock inc.
9.2%
3,213,862
SC 13G/A
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

Recent SEC filings of Primerica Inc

View All Filings
Date Filed Form Type Document
May 24, 2024
4
Insider Trading
May 09, 2024
8-K
Current Report
May 08, 2024
4
Insider Trading
May 08, 2024
4
Insider Trading
May 08, 2024
4
Insider Trading
May 08, 2024
4
Insider Trading
May 08, 2024
4
Insider Trading
May 08, 2024
4
Insider Trading
May 08, 2024
4
Insider Trading
May 08, 2024
4
Insider Trading

Peers (Alternatives to Primerica Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.1T
1.3B
1.56% 3220.84%
-5.3K
847.07
-10.27% -34.69%
55.1B
10.6B
6.44% 23.37%
50.44
5.18
20.42% -6.05%
51.8B
48.4B
4.08% 45.36%
10.72
1.07
-4.15% -20.63%
49.8B
19.3B
4.05% 35.72%
9.31
2.58
3.03% 17.35%
48.9B
42.9B
-0.02% 22.87%
15.57
1.14
13.52% 12.15%
38.8B
14.4B
10.92% 42.82%
8.01
2.69
32.92% 143.01%
10.8B
8.0B
-0.51% 13.88%
12.27
1.35
11.14% 7.56%
MID-CAP
10.0B
12.6B
1.35% 15.56%
7.55
0.79
4.24% -13.40%
8.8B
11.4B
-4.54% 35.81%
11.48
0.77
9.81% 217.29%
5.6B
11.9B
14.03% 56.32%
4.11
0.46
-33.27% 234.43%
3.9B
3.2B
-0.20% 45.14%
5.55
1.23
64.05% -35.60%
SMALL-CAP
2.1B
1.3B
23.57% 49.61%
-37.96
1.63
18.74% 30.90%
853.6M
308.9M
-12.39% -13.80%
13.84
2.76
3.79% 10.94%
781.9M
314.0M
18.91% 22.45%
13.6
2.49
-29.20% -88.19%
33.7M
187.5M
-13.61% -23.26%
-46.56
0.18
2.74% 73.83%

Primerica Inc News

Latest updates
Defense World8 hours ago
Yahoo Finance10 May 202407:00 am
Simply Wall St02 May 202407:00 am

Primerica Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue2.3%743726711688690687673669691724693655638598568526525532521505495
EBITDA Margin0.0%0.29*0.29*0.29*0.26*0.26*0.25*0.25*0.26*0.26*0.26*0.24*0.25*---------
Interest Expenses2.8%7.007.007.007.007.007.007.007.007.009.008.007.007.007.007.007.007.007.007.007.007.00
Income Taxes-9.2%41.0046.0047.0044.0038.0040.0042.0037.0034.0060.0036.0041.0030.0032.0034.0033.0022.0029.0029.0030.0023.00
Earnings Before Taxes-9.9%17919919918916318812116314619914716912813214613495.00122125127102
EBT Margin0.3%0.27*0.27*0.27*0.24*0.23*0.23*0.23*0.24*0.24*0.24*0.22*0.23*---------
Net Income-10.1%13815315214512514880.0012811513911212898.0010011210272.0094.0096.0097.0079.00
Net Income Margin0.3%0.20*0.20*0.21*0.18*0.18*0.17*0.17*0.18*0.18*0.18*0.17*0.18*---------
Free Cashflow-12.5%211241141137178208168172216223162157---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.8%14,90915,02814,43314,75214,79614,64115,04215,32915,93516,19615,81615,52015,11414,90514,30113,96513,27113,68913,45213,31813,077
    Cash Equivalents-3.2%593613469562515489438400360393326775440548331360273257238245280
  Goodwill0%1281281281281281281289.00179179224264---------
Liabilities-1.8%12,72312,96212,12112,73612,87512,61013,42213,55114,00414,03313,71013,50113,23713,06912,58012,32211,74112,03611,84411,73211,555
Shareholder's Equity5.8%2,1862,0662,3122,1902,1772,0311,9800.005.009252,0991,8951,7851,6831,7201,5701,56659.001,60848.001,507
  Retained Earnings0.4%2,2862,2772,2152,1902,1522,1541,8881,9481,9802,0051,9881,8951,7851,7061,6291,5701,566-1.241,5531,5381,507
  Additional Paid-In Capital----------5.0017.0013.008.00--------
Shares Outstanding-1.1%35.0035.0035.0036.0036.0037.0037.0038.0039.0039.0039.0039.00---------
Float----7,062---4,501---6,015---4,604---5,014-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-12.5%210,898241,058139,767135,746175,946206,387166,796170,183214,299221,835160,328155,335119,458239,46487,528184,903131,522164,182136,246118,66466,421
  Share Based Compensation451.1%12,6142,2892,0372,45612,1292,7091,0616,15412,4372,0086422,53911,6533,2902,2192,35711,1612,4642,0702,10410,896
Cashflow From Investing-3741.9%-86,288-2,246-101,59844,979-31,186-103,257-7,97323,854-112,672-200,826-589,48970,174-203,2424,548-60,8113,478-744-87,125-57,997-82,04025,278
Cashflow From Financing-49.1%-142,890-95,822-129,881-134,926-118,992-52,554-118,155-152,570-134,57145,699-18,827105,754-24,652-29,340-57,507-102,669-112,274-58,369-85,072-71,706-74,987
  Dividend Payments-100.0%-22,87023,33623,59923,91020,38920,57121,17821,64518,68518,67118,66018,62015,85015,88216,08416,53014,16214,32314,51714,628
  Buy Backs-39.1%109,100179,2003,9267.0085,27598,85591,52810.0099,01011,75887.009415,96618,19336,79481,54090,06348,44766,14952,33753,625
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PRI Income Statement

2024-03-31
Condensed Consolidated Statements of Income - Unaudited - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:  
Direct premiums$ 841,047$ 817,872
Ceded premiums(409,764)(405,347)
Net premiums431,283412,525
Commissions and fees255,021231,547
Investment income net of investment expenses53,59147,500
Interest expense on surplus note(15,785)(16,435)
Net investment income37,80631,065
Realized investment gains (losses)7(985)
Other investment gains (losses)1,298(3,623)
Investment gains (losses)1,305(4,608)
Other, net17,41519,507
Revenues742,830690,036
Benefits and expenses:  
Benefits and claims166,321163,265
Future policy benefits remeasurement (gain) loss55559
Amortization of deferred policy acquisition costs72,04967,923
Sales commissions131,138110,874
Insurance expenses63,14961,125
Insurance commissions9,6348,138
Contract acquisition costs13,53314,984
Interest expense6,7716,690
Other operating expenses100,94489,536
Total benefits and expenses563,594523,094
Income before income taxes179,236166,942
Income taxes41,33238,843
Net income137,904128,099
Net income attributable to Primerica, Inc.$ 137,904$ 128,099
Earnings per share:  
Basic earnings per share$ 3.94$ 3.47
Diluted earnings per share$ 3.93$ 3.46
Weighted-average shares used in computing earnings per share:  
Basic34,88336,710
Diluted34,93736,804

PRI Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Investments:  
Fixed-maturity securities available-for-sale, at fair value (amortized cost: $3,012,735 in 2024 and $2,935,212 in 2023)$ 2,782,140$ 2,719,467
Fixed-maturity security held-to-maturity, at amortized cost (fair value: $1,299,228 in 2024 and $1,334,892 in 2023)1,376,4001,386,980
Short-term investments available-for-sale, at fair value (amortized cost: $271 in 2024 and $276 in 2023)271276
Equity securities, at fair value (historical cost: $22,775 in 2024 and $27,106 in 2023)26,64729,680
Trading securities, at fair value (cost: $3,800 in 2024 and $18,761 in 2023)3,25318,383
Policy loans and other invested assets50,83551,175
Total investments4,239,5464,205,961
Cash and cash equivalents593,399613,148
Accrued investment income24,99123,958
Reinsurance recoverables2,920,4173,015,777
Deferred policy acquisition costs, net3,503,9403,447,234
Renewal commissions receivable176,298190,258
Agent balances, due premiums and other receivables287,459273,066
Goodwill127,707127,707
Intangible assets, net (accumulated amortization: $28,875 in 2024 and $26,250 in 2023)172,400175,025
Income taxes120,126123,514
Operating lease right-of-use assets52,13553,693
Other assets356,025382,549
Separate account assets2,334,9112,395,842
Total assets14,909,35415,027,732
Liabilities:  
Future policy benefits6,548,0506,742,025
Unearned and advance premiums15,85514,876
Policy claims and other benefits payable517,468513,803
Other policyholders’ funds421,027435,094
Note payable593,909593,709
Surplus note1,376,0281,386,592
Income taxes197,714135,247
Total lease liabilities60,49461,358
Other liabilities581,342583,434
Payable under securities lending76,64899,785
Separate account liabilities2,334,9112,395,842
Commitments and contingent liabilities (see Commitments and Contingent Liabilities note)
Total liabilities12,723,44612,961,765
Stockholders' equity:  
Common stock ($0.01 par value; authorized 500,000 shares in 2024 and 2023; issued and outstanding 34,609 shares in 2024 and 34,996 shares in 2023)346350
Retained earnings2,285,9372,276,946
Accumulated other comprehensive income (loss), net of income tax:  
Effect of change in discount rate assumptions on the liability for future policy benefits92,853(39,086)
Unrealized foreign currency translation gains (losses)(11,691)(2,235)
Net unrealized investment gains (losses) on available-for-sale securities(181,537)(170,008)
Total stockholders' equity2,185,9082,065,967
Total liabilities and stockholders' equity$ 14,909,354$ 15,027,732
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
 WEBSITEprimerica.com
 INDUSTRYInsurance Property & Casualty
 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 Fri May 24 2024, market cap of Primerica Inc is 7.82 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 for subscribers.

What is the fair value of PRI stock?

You can check PRI's fair value in chart for subscribers. 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 Fri May 24 2024, PRI's PE ratio (Price to Earnings) is 13.31 and Price to Sales (PS) ratio is 2.73. 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 0.187 (multiply by 100 for percentage) rate of return.