PRI RSI Chart
Last 7 days
0.8%
Last 30 days
1.0%
Last 90 days
21.0%
Trailing 12 Months
46.5%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 2.7B | 2.7B | 2.8B | 2.8B |
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 | 0 | 1.9B | 1.6B | 1.4B |
2009 | 0 | 0 | 0 | 2.1B |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 15, 2024 | schneider peter w. | sold | -365,115 | 243 | -1,500 | president |
Mar 13, 2024 | jendusa nicholas adam | sold | -58,418 | 249 | -233 | principal accounting officer |
Mar 12, 2024 | day cynthia n | acquired | 13,322 | 246 | 54.096 | - |
Mar 12, 2024 | babbit joel m. | acquired | 4,621 | 246 | 18.7656 | - |
Mar 12, 2024 | cottle amber lynne | acquired | 1,385 | 246 | 5.6241 | - |
Mar 12, 2024 | crittenden gary l | acquired | 14,173 | 246 | 57.551 | - |
Mar 12, 2024 | perez beatriz r | acquired | 7,322 | 246 | 29.732 | - |
Mar 12, 2024 | yastine barbara a. | acquired | 9,830 | 246 | 39.9163 | - |
Mar 12, 2024 | williams donald r. | acquired | 5,747 | 246 | 23.3366 | - |
Mar 11, 2024 | pitts gregory c. | sold | -922,559 | 245 | -3,759 | executive vp and coo |
Which funds bought or sold PRI recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | reduced | -8.25 | -38,030 | 1,371,350 | -% |
Mar 15, 2024 | B. Riley Wealth Advisors, Inc. | reduced | -35.5 | -162,241 | 351,503 | 0.01% |
Mar 11, 2024 | VANGUARD GROUP INC | reduced | -2.03 | 28,357,700 | 755,518,000 | 0.02% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 109 | 25,518,900 | 46,325,800 | -% |
Mar 01, 2024 | ROYAL LONDON ASSET MANAGEMENT LTD | added | 3.17 | 3,576,670 | 41,384,300 | 0.12% |
Feb 29, 2024 | ACIMA PRIVATE WEALTH, LLC | unchanged | - | 494 | 8,642 | -% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | reduced | -6.08 | -38,709 | 9,779,360 | 0.04% |
Feb 28, 2024 | EP Wealth Advisors, LLC | reduced | -53.8 | -312,116 | 299,792 | -% |
Feb 26, 2024 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | reduced | -4.75 | 26,000 | 2,478,000 | 0.02% |
Feb 26, 2024 | Virtu Financial LLC | new | - | 209,000 | 209,000 | 0.02% |
Unveiling Primerica Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Peers (Alternatives to Primerica Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AJG | 53.7B | 10.1B | 55.38 | 5.33 | ||||
AIG | 53.3B | 46.8B | 14.64 | 1.14 | ||||
TRV | 52.4B | 41.4B | 17.54 | 1.27 | ||||
AFL | 49.4B | 18.7B | 10.61 | 2.64 | ||||
ARGO | 34.5B | - | -164.03 | 28.02 | ||||
ACGL | 34.2B | 13.6B | 7.7 | 2.51 | ||||
AFG | 11.4B | 7.8B | 13.43 | 1.46 | ||||
MID-CAP | ||||||||
UNM | 10.3B | 12.4B | 8.01 | 0.83 | ||||
AIZ | 9.7B | 11.1B | 15.15 | 0.87 | ||||
LNC | 5.4B | 11.6B | -7.24 | 0.47 | ||||
AEL | 4.5B | 2.8B | 21.2 | 1.57 | ||||
SMALL-CAP | ||||||||
BRP | 1.7B | 1.2B | -19.19 | 1.42 | ||||
AMSF | 950.8M | 306.9M | 15.31 | 3.1 | ||||
AMBC | 685.6M | 269.0M | 152.36 | 2.55 | ||||
AAME | 57.1M | 185.3M | 18.41 | 0.31 |
Primerica Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 2.2% | 726 | 711 | 688 | 690 | 687 | 673 | 669 | 691 | 724 | 693 | 655 | 638 | 598 | 568 | 526 | 525 | 532 | 521 | 505 | 495 | 487 |
EBITDA Margin | -0.3% | 0.29* | 0.29* | 0.22* | 0.21* | 0.20* | 0.20* | 0.21* | 0.21* | 0.21* | 0.24* | 0.25* | 0.25* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -0.7% | 7.00 | 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 |
Income Taxes | -2.6% | 46.00 | 47.00 | 44.00 | 38.00 | 40.00 | 42.00 | 37.00 | 34.00 | 60.00 | 36.00 | 41.00 | 30.00 | 32.00 | 34.00 | 33.00 | 22.00 | 29.00 | 29.00 | 30.00 | 23.00 | 21.00 |
Earnings Before Taxes | 0.1% | 199 | 199 | 189 | 163 | 188 | 121 | 163 | 146 | 199 | 147 | 169 | 128 | 132 | 146 | 134 | 95.00 | 122 | 125 | 127 | 102 | 108 |
EBT Margin | 0.0% | 0.27* | 0.27* | 0.20* | 0.19* | 0.18* | 0.18* | 0.19* | 0.19* | 0.19* | 0.22* | 0.23* | 0.23* | - | - | - | - | - | - | - | - | - |
Net Income | 0.9% | 153 | 152 | 145 | 125 | 148 | 80.00 | 128 | 115 | 139 | 112 | 128 | 98.00 | 100 | 112 | 102 | 72.00 | 94.00 | 96.00 | 97.00 | 79.00 | 87.00 |
Net Income Margin | -0.5% | 0.20* | 0.21* | 0.18* | 0.18* | 0.17* | 0.17* | 0.18* | 0.18* | 0.18* | 0.17* | 0.18* | 0.18* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 72.5% | 241 | 140 | 137 | 178 | 208 | 168 | 172 | 216 | 223 | 162 | 157 | 121 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 4.1% | 15,028 | 14,433 | 14,752 | 14,796 | 14,641 | 15,042 | 15,329 | 15,935 | 16,196 | 15,816 | 15,520 | 15,114 | 14,905 | 14,301 | 13,965 | 13,271 | 13,689 | 13,452 | 13,318 | 13,077 | 12,595 |
Cash Equivalents | 30.8% | 613 | 469 | 562 | 515 | 489 | 438 | 400 | 360 | 393 | 326 | 775 | 440 | 548 | 331 | 360 | 273 | 257 | 238 | 245 | 280 | 33.00 |
Goodwill | 0% | 128 | 128 | 128 | 128 | 128 | 128 | 9.00 | 179 | 179 | 224 | 264 | - | - | - | - | - | - | - | - | - | - |
Liabilities | 6.9% | 12,962 | 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 |
Shareholder's Equity | -10.7% | 2,066 | 2,312 | 0.00 | 0.00 | 2,031 | 1,980 | 2,086 | 0.00 | 925 | 2,099 | 1,895 | 0.00 | 1,683 | 1,720 | 0.00 | 0.00 | 1,593 | 1,608 | 0.00 | 14.00 | 1,462 |
Retained Earnings | 2.8% | 2,277 | 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 | -1.24 | 1,553 | 1,538 | 1,507 | 1,490 |
Additional Paid-In Capital | - | - | - | - | - | - | - | - | - | 5.00 | 17.00 | 13.00 | 8.00 | - | - | - | - | - | - | - | - | - |
Shares Outstanding | -1.0% | 35.00 | 35.00 | 36.00 | 36.00 | 37.00 | 37.00 | 38.00 | 39.00 | 39.00 | 39.00 | 39.00 | 39.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 7,062 | - | - | - | 4,501 | - | - | - | 6,015 | - | - | - | 4,604 | - | - | - | 5,014 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 72.5% | 241,058 | 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 |
Share Based Compensation | 12.4% | 2,289 | 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 |
Cashflow From Investing | 97.8% | -2,246 | -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 |
Cashflow From Financing | 26.2% | -95,822 | -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 |
Dividend Payments | -2.0% | 22,870 | 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 |
Buy Backs | 3087.7% | 125,148 | 3,926 | 108,111 | 85,275 | 82,138 | 5,980 | 118,992 | 99,010 | 11,758 | 87.00 | 941 | 5,966 | 77,354 | 3.00 | 9.00 | 90,063 | 105,426 | 4,523 | 5.00 | 53,625 | 59,739 |
Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Revenues: | |||
Direct premiums | $ 3,312,125 | $ 3,230,120 | $ 3,122,148 |
Ceded premiums | (1,651,811) | (1,629,892) | (1,616,264) |
Net premiums | 1,660,314 | 1,600,228 | 1,505,884 |
Commissions and fees | 950,416 | 944,676 | 1,042,813 |
Investment income net of investment expenses | 201,311 | 156,987 | 142,795 |
Interest expense on surplus note | (65,474) | (63,922) | (62,207) |
Net investment income | 135,837 | 93,065 | 80,588 |
Realized investment gains (losses) | (645) | 1,444 | 4,665 |
Other investment gains (losses) | (5,251) | (2,439) | 1,207 |
Investment gains (losses) | (5,896) | (995) | 5,872 |
Other, net | 75,020 | 83,159 | 74,575 |
Revenues | 2,815,691 | 2,720,133 | 2,709,732 |
Benefits and expenses: | |||
Benefits and claims | 642,979 | 632,403 | 602,007 |
Future policy benefits remeasurement (gain) loss | (384) | 1,626 | 1,297 |
Amortization of deferred policy acquisition costs | 275,816 | 261,629 | 238,270 |
Sales commissions | 457,444 | 462,764 | 522,308 |
Insurance expenses | 235,460 | 235,405 | 202,605 |
Insurance commissions | 34,222 | 30,261 | 34,532 |
Contract acquisition costs | 55,233 | 68,431 | 52,788 |
Interest expense | 26,594 | 27,237 | 30,618 |
Goodwill impairment loss | 60,000 | 76,000 | |
Loss on extinguishment of debt | 8,927 | ||
Other operating expenses | 336,647 | 320,394 | 296,851 |
Total benefits and expenses | 2,064,011 | 2,100,150 | 2,066,203 |
Income before income taxes | 751,680 | 619,983 | 643,529 |
Income taxes | 175,079 | 152,953 | 167,544 |
Net income | 576,601 | 467,030 | 475,985 |
Net loss attributable to noncontrolling interests | (5,038) | (1,377) | |
Net income attributable to Primerica, Inc. | $ 576,601 | $ 472,068 | $ 477,362 |
Earnings per share attributable to common stockholders: | |||
Basic earnings per share | $ 15.97 | $ 12.37 | $ 12.03 |
Diluted earnings per share | $ 15.94 | $ 12.33 | $ 11.99 |
Weighted-average shares used in computing earnings per share: | |||
Basic | 35,954 | 37,997 | 39,530 |
Diluted | 36,027 | 38,106 | 39,652 |
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Investments: | ||
Fixed-maturity securities available-for-sale, at fair value (amortized cost: $2,935,212 in 2023 and $2,801,415 in 2022) | $ 2,719,467 | $ 2,495,456 |
Fixed-maturity security held-to-maturity, at amortized cost (fair value: $1,334,892 in 2023 and $1,340,265 in 2022) | 1,386,980 | 1,444,920 |
Short-term investments available-for-sale, at fair value (amortized cost: $276 in 2023 and $69,393 in 2022) | 276 | 69,406 |
Equity securities, at fair value (historical cost: $27,106 in 2023 and $29,430 in 2022) | 29,680 | 35,404 |
Trading securities, at fair value (cost: $18,761 in 2023 and $4,229 in 2022) | 18,383 | 3,698 |
Policy loans and other invested assets | 51,175 | 48,713 |
Total investments | 4,205,961 | 4,097,597 |
Cash and cash equivalents | 613,148 | 489,240 |
Accrued investment income | 23,958 | 20,885 |
Reinsurance recoverables | 3,015,777 | 3,209,540 |
Deferred policy acquisition costs, net | 3,447,234 | 3,188,502 |
Renewal commissions receivable | 190,258 | 200,043 |
Agent balances, due premiums and other receivables | 273,066 | 254,276 |
Goodwill | 127,707 | 127,707 |
Intangible assets, net (accumulated amortization: $26,250 in 2023 and $15,750 in 2022) | 175,025 | 185,525 |
Income tax receivable | 6,920 | |
Deferred income taxes | 116,594 | 93,632 |
Operating lease right-of-use assets | 53,693 | 40,500 |
Other assets | 382,549 | 428,259 |
Separate account assets | 2,395,842 | 2,305,717 |
Total assets | 15,027,732 | 14,641,423 |
Liabilities: | ||
Future policy benefits | 6,742,025 | 6,297,906 |
Unearned and advance premiums | 14,876 | 15,422 |
Policy claims and other benefits payable | 513,803 | 538,250 |
Other policyholders’ funds | 435,094 | 483,769 |
Notes payable | 593,709 | 592,905 |
Surplus note | 1,386,592 | 1,444,469 |
Income tax payable | 22,669 | 36,876 |
Deferred income taxes | 112,578 | 167,142 |
Operating lease liabilities | 61,358 | 45,995 |
Other liabilities | 583,434 | 580,780 |
Payable under securities lending | 99,785 | 100,938 |
Separate account liabilities | 2,395,842 | 2,305,717 |
Commitments and contingent liabilities (see Commitments and Contingent Liabilities note) | ||
Total liabilities | 12,961,765 | 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 34,996 shares in 2023 and 36,824 shares in 2022) | 350 | 368 |
Retained earnings | 2,276,946 | 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 | (39,086) | 130,416 |
Unrealized foreign currency translation gains (losses) | (2,235) | (12,279) |
Net unrealized investment gains (losses) on available-for-sale securities | (170,008) | (240,868) |
Total permanent stockholders’ equity | 2,065,967 | 2,031,254 |
Total liabilities and temporary and permanent stockholders’ equity | $ 15,027,732 | $ 14,641,423 |