Last 7 days
-0.6%
Last 30 days
4.1%
Last 90 days
3.3%
Trailing 12 Months
47.7%
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 2.7B | 2.7B | 2.8B | 0 |
2022 | 2.8B | 2.8B | 2.8B | 2.7B |
2021 | 2.3B | 2.5B | 2.6B | 2.7B |
2020 | 2.1B | 2.1B | 2.2B | 2.2B |
2019 | 1.9B | 2.0B | 2.0B | 2.1B |
2018 | 1.7B | 1.8B | 1.9B | 1.9B |
2017 | 1.6B | 1.6B | 1.6B | 1.7B |
2016 | 1.4B | 1.5B | 1.5B | 1.5B |
2015 | 1.4B | 1.4B | 1.4B | 1.4B |
2014 | 1.3B | 1.3B | 1.3B | 1.3B |
2013 | 1.2B | 1.2B | 1.2B | 1.2B |
2012 | 1.1B | 1.1B | 1.2B | 1.2B |
2011 | 1.3B | 1.2B | 1.2B | 1.1B |
2010 | 1.9B | 1.7B | 1.5B | 1.4B |
2009 | 0 | 0 | 0 | 2.1B |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 | - |
Datesorted ascending | Fund Name | Type | % 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% |
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 |
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 |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 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% |
Income Statement (Quarterly) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Revenue | 3.3% | 711 | 688 | 690 | 687 | 673 | 669 | 691 | 724 | 693 | 655 | 638 | 598 | 568 | 526 | 525 | 532 | 521 | 505 | 495 | 487 | 485 |
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% | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 9.00 | 8.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 |
Income Taxes | 5.3% | 47.00 | 44.00 | 38.00 | 28.00 | 34.00 | 37.00 | 34.00 | 32.00 | 36.00 | 41.00 | 30.00 | 32.00 | 34.00 | 33.00 | 22.00 | 29.00 | 29.00 | 30.00 | 23.00 | 21.00 | 26.00 |
Earnings Before Taxes | 5.2% | 199 | 189 | 163 | 133 | 86.00 | 163 | 146 | 66.00 | 147 | 169 | 128 | 132 | 146 | 134 | 95.00 | 122 | 125 | 127 | 102 | 108 | 111 |
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 Income | 5.2% | 152 | 145 | 125 | 105 | 52.00 | 128 | 115 | 35.00 | 112 | 128 | 98.00 | 100 | 112 | 102 | 72.00 | 94.00 | 96.00 | 97.00 | 79.00 | 87.00 | 85.00 |
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 | - | - | - | 176 | 206 | 167 | 170 | 214 | 222 | 160 | 155 | 117 | 237 | 85.00 | 183 | 129 | 162 | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Assets | -2.2% | 14,433 | 14,752 | 14,796 | 14,641 | 15,042 | 15,329 | 15,935 | 16,123 | 15,816 | 15,520 | 15,114 | 14,905 | 14,301 | 13,965 | 13,271 | 13,689 | 13,452 | 13,318 | 13,077 | 12,595 | 12,708 |
Cash Equivalents | -16.5% | 469 | 562 | 515 | 489 | 438 | 400 | 360 | 393 | 326 | 775 | 440 | 548 | 331 | 360 | 273 | 257 | 238 | 245 | 280 | 262 | 225 |
Goodwill | 0.0% | 128 | 128 | 128 | 128 | 128 | 9.00 | 179 | 179 | 224 | 264 | - | - | - | - | - | - | - | - | - | - | - |
Liabilities | -4.8% | 12,121 | 12,736 | 12,875 | 12,610 | 13,422 | 13,551 | 14,004 | 14,033 | 13,710 | 13,501 | 13,237 | 13,069 | 12,580 | 12,322 | 11,741 | 12,036 | 11,844 | 11,732 | 11,555 | 11,134 | 11,264 |
Shareholder's Equity | 14.7% | 2,312 | 2,015 | 1,921 | 2,031 | 1,620 | 1,809 | 1,435 | 925 | 2,099 | 2,019 | 1,877 | 1,836 | 1,720 | 1,643 | 1,530 | 1,652 | 1,608 | 1,586 | 1,521 | 1,462 | 1,443 |
Retained Earnings | 1.1% | 2,215 | 2,190 | 2,152 | 2,154 | 1,888 | 1,948 | 1,980 | 2,005 | 1,988 | 1,895 | 1,785 | 1,706 | 1,629 | 1,570 | 1,566 | 1,593 | 1,553 | 1,538 | 1,507 | 1,490 | 1,453 |
Additional Paid-In Capital | - | - | - | - | - | - | - | - | 5.00 | 17.00 | 13.00 | 8.00 | - | - | - | - | - | - | - | - | - | - |
Shares Outstanding | -1.4% | 35.00 | 36.00 | 36.00 | 37.00 | 37.00 | 38.00 | 39.00 | 39.00 | 39.00 | 39.00 | 39.00 | 39.00 | 39.00 | 40.00 | 40.00 | 41.00 | 41.00 | 42.00 | 42.00 | 43.00 | 43.00 |
Cashflow (Quarterly) | (In Thousands) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Cashflow From Operations | 3.0% | 139,767 | 135,746 | 175,946 | 206,387 | 166,796 | 170,183 | 214,299 | 221,835 | 160,328 | 155,335 | 119,458 | 239,464 | 87,528 | 184,903 | 131,522 | 164,182 | 136,246 | 118,664 | 66,421 | 192,787 | 125,031 |
Share Based Compensation | -17.1% | 2,037 | 2,456 | 12,129 | 2,709 | 1,061 | 6,154 | 12,437 | 2,008 | 642 | 2,539 | 11,653 | 3,290 | 2,219 | 2,357 | 11,161 | 2,464 | 2,070 | 2,104 | 10,896 | 1,873 | 1,985 |
Cashflow From Investing | -325.9% | -101,598 | 44,979 | -31,186 | -103,257 | -7,973 | 23,854 | -112,672 | -200,826 | -589,489 | 70,174 | -203,242 | 4,548 | -60,811 | 3,478 | -744 | -87,125 | -57,997 | -82,040 | 25,278 | -100,678 | -13,846 |
Cashflow From Financing | 3.7% | -129,881 | -134,926 | -118,992 | -52,554 | -118,155 | -152,570 | -134,571 | 45,699 | -18,827 | 105,754 | -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% | 23,336 | 23,599 | 23,910 | 20,389 | 20,571 | 21,178 | 21,645 | 18,685 | 18,671 | 18,660 | 18,620 | 15,850 | 15,882 | 16,084 | 16,530 | 14,162 | 14,323 | 14,517 | 14,628 | 10,859 | 10,917 |
Buy Backs | -3.9% | 106,463 | 110,762 | 85,275 | 31,952 | 97,392 | 127,952 | 99,010 | - | - | - | - | 13,352 | 41,503 | 86,513 | 90,063 | 43,968 | 70,338 | 57,106 | 53,625 | 42,751 | 33,619 |
Condensed Consolidated Statements of Income - Unaudited - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 9 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 premiums | 420,666 | 405,209 | 1,236,221 | 1,193,835 |
Commissions and fees | 238,902 | 225,468 | 703,579 | 717,956 |
Investment income net of investment expenses | 51,036 | 40,629 | 147,540 | 112,148 |
Interest expense on surplus note | (16,306) | (16,283) | (49,348) | (47,613) |
Net investment income | 34,730 | 24,346 | 98,192 | 64,535 |
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, net | 18,429 | 20,965 | 58,091 | 60,709 |
Revenues | 710,932 | 673,289 | 2,089,353 | 2,033,194 |
Benefits and expenses: | ||||
Benefits and claims | 162,062 | 159,396 | 474,240 | 471,349 |
Future policy benefits remeasurement (gain) loss | 179 | 1,514 | (1,129) | 668 |
Amortization of deferred policy acquisition costs | 69,405 | 66,077 | 205,438 | 194,761 |
Sales commissions | 116,200 | 105,915 | 340,697 | 359,602 |
Insurance expenses | 57,821 | 57,552 | 178,039 | 176,521 |
Insurance commissions | 7,911 | 7,666 | 25,192 | 22,982 |
Contract acquisition costs | 12,568 | 13,446 | 40,154 | 53,479 |
Interest expense | 6,632 | 6,802 | 20,008 | 20,469 |
Goodwill impairment loss | 60,000 | 60,000 | ||
Other operating expenses | 79,353 | 73,791 | 252,075 | 239,952 |
Total benefits and expenses | 512,131 | 552,159 | 1,534,714 | 1,599,783 |
Income before income taxes | 198,801 | 121,130 | 554,639 | 433,411 |
Income taxes | 46,738 | 41,569 | 129,973 | 113,102 |
Net income | 152,063 | 79,561 | 424,666 | 320,309 |
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: | ||||
Basic | 35,760 | 37,438 | 36,225 | 38,342 |
Diluted | 35,822 | 37,541 | 36,302 | 38,452 |
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) | 1,417,460 | 1,444,920 |
Short-term investments available-for-sale, at fair value (amortized cost: $20,056 in 2023 and $69,393 in 2022) | 20,051 | 69,406 |
Equity securities, at fair value (historical cost: $27,359 in 2023 and $29,430 in 2022) | 29,123 | 35,404 |
Trading securities, at fair value (cost: $18,837 in 2023 and $4,229 in 2022) | 18,160 | 3,698 |
Policy loans and other invested assets | 49,840 | 48,713 |
Total investments | 4,123,634 | 4,097,597 |
Cash and cash equivalents | 468,762 | 489,240 |
Accrued investment income | 23,797 | 20,885 |
Reinsurance recoverables | 2,954,245 | 3,209,540 |
Deferred policy acquisition costs, net | 3,374,627 | 3,188,502 |
Renewal commissions receivable | 191,818 | 200,043 |
Agent balances, due premiums and other receivables | 287,138 | 254,276 |
Goodwill | 127,707 | 127,707 |
Intangible assets, net (accumulated amortization: $23,625 in 2023 and $15,750 in 2022) | 177,650 | 185,525 |
Income taxes | 106,033 | 93,632 |
Operating lease right-of-use assets | 55,203 | 40,500 |
Other assets | 359,010 | 428,259 |
Separate account assets | 2,183,435 | 2,305,717 |
Total assets | 14,433,059 | 14,641,423 |
Liabilities: | ||
Future policy benefits | 6,045,151 | 6,297,906 |
Unearned and advance premiums | 15,387 | 15,422 |
Policy claims and other benefits payable | 475,403 | 538,250 |
Other policyholders’ funds | 447,876 | 483,769 |
Note payable | 593,508 | 592,905 |
Surplus note | 1,417,056 | 1,444,469 |
Income taxes | 227,866 | 204,018 |
Total lease liabilities | 61,783 | 45,995 |
Other liabilities | 575,143 | 580,780 |
Payable under securities lending | 77,956 | 100,938 |
Separate account liabilities | 2,183,435 | 2,305,717 |
Commitments and contingent liabilities (see Commitments and Contingent Liabilities note) | ||
Total liabilities | 12,120,564 | 12,610,169 |
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) | 353 | 368 |
Retained earnings | 2,215,378 | 2,153,617 |
Accumulated other comprehensive income (loss), net of income tax: | ||
Effect of change in discount rate assumptions on the liability for future policy benefits | 377,635 | 130,416 |
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’ equity | 2,312,495 | 2,031,254 |
Total liabilities and temporary and permanent stockholders’ equity | $ 14,433,059 | $ 14,641,423 |
 CEO | Mr. Glenn Jackson Williams |
---|---|
 WEBSITE | www.primerica.com |
 EMPLOYEES | 2646 |