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PRI

PRI - Primerica Inc Stock Price, Fair Value and News

255.82USD-0.36 (-0.14%)Delayed as of 28 Mar 2024, 11:57 am ET

Market Summary

PRI
USD255.82-0.36
Delayedas of 28 Mar 2024, 11:57 am
-0.14%

PRI Alerts

  • 6 major insider sales recently.

PRI Stock Price

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PRI RSI Chart

PRI Valuation

Market Cap

8.9B

Price/Earnings (Trailing)

15.52

Price/Sales (Trailing)

3.17

EV/EBITDA

10.29

Price/Free Cashflow

12.89

PRI Price/Sales (Trailing)

PRI Profitability

EBT Margin

26.63%

Return on Equity

27.84%

Return on Assets

3.83%

Free Cashflow Yield

7.76%

PRI Fundamentals

PRI Revenue

Revenue (TTM)

2.8B

Rev. Growth (Yr)

5.74%

Rev. Growth (Qtr)

2.17%

PRI Earnings

Earnings (TTM)

575.1M

Earnings Growth (Yr)

3.59%

Earnings Growth (Qtr)

0.9%

Breaking Down PRI Revenue

52 Week Range

166.41256.30
(Low)(High)

Last 7 days

0.8%

Last 30 days

1.0%

Last 90 days

21.0%

Trailing 12 Months

46.5%

How does PRI drawdown profile look like?

PRI Financial Health

PRI Investor Care

Dividend Yield

1.01%

Dividend/Share (TTM)

2.6

Buy Backs (1Y)

4.91%

Diluted EPS (TTM)

15.91

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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

Tracking the Latest Insider Buys and Sells of Primerica Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold PRI recently?

View All Details
Datesorted ascendingFund NameType% 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%

1–10 of 49

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
Mar 27, 2024
ARS
ARS
Mar 27, 2024
DEF 14A
DEF 14A
Mar 27, 2024
DEFA14A
DEFA14A
Mar 18, 2024
4
Insider Trading
Mar 15, 2024
144
Notice of Insider Sale Intent
Mar 13, 2024
4
Insider Trading
Mar 12, 2024
4
Insider Trading
Mar 12, 2024
4
Insider Trading
Mar 12, 2024
4
Insider Trading
Mar 12, 2024
4
Insider Trading

What is the Fair Value of PRI?

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>

Cheap
or
Expensive?


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.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks

Peers (Alternatives to Primerica Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
53.7B
10.1B
3.06% 36.96%
55.38
5.33
17.79% -12.97%
53.3B
46.8B
9.05% 61.69%
14.64
1.14
-14.05% -64.38%
52.4B
41.4B
3.18% 36.01%
17.54
1.27
12.15% 5.24%
49.4B
18.7B
6.02% 37.31%
10.61
2.64
-2.30% 5.45%
34.5B
-
1.03% 3223.00%
-164.03
28.02
-25.27% -3.53%
34.2B
13.6B
5.31% 37.94%
7.7
2.51
41.83% 201.02%
11.4B
7.8B
6.26% 12.81%
13.43
1.46
11.18% -5.12%
MID-CAP
10.3B
12.4B
6.98% 29.08%
8.01
0.83
3.35% -8.77%
9.7B
11.1B
3.43% 71.25%
15.15
0.87
9.21% 132.28%
5.4B
11.6B
7.75% 48.34%
-7.24
0.47
-38.09% -155.38%
4.5B
2.8B
1.63% 49.08%
21.2
1.57
100.59% -89.04%
SMALL-CAP
1.7B
1.2B
8.37% 20.87%
-19.19
1.42
24.25% -115.79%
950.8M
306.9M
-0.88% -0.51%
15.31
3.1
4.11% 11.70%
685.6M
269.0M
-3.13% -4.99%
152.36
2.55
-46.68% -99.14%
57.1M
185.3M
14.88% 14.35%
18.41
0.31
-3.68% -1.30%

Primerica Inc News

Latest updates
MarketBeat34 hours ago
Simply Wall St25 Mar 202412:26 pm

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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue2.2%726711688690687673669691724693655638598568526525532521505495487
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%7.007.007.007.007.007.007.007.009.008.007.007.007.007.007.007.007.007.007.007.007.00
Income Taxes-2.6%46.0047.0044.0038.0040.0042.0037.0034.0060.0036.0041.0030.0032.0034.0033.0022.0029.0029.0030.0023.0021.00
Earnings Before Taxes0.1%19919918916318812116314619914716912813214613495.00122125127102108
EBT Margin0.0%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 Income0.9%15315214512514880.0012811513911212898.0010011210272.0094.0096.0097.0079.0087.00
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 Cashflow72.5%241140137178208168172216223162157121---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets4.1%15,02814,43314,75214,79614,64115,04215,32915,93516,19615,81615,52015,11414,90514,30113,96513,27113,68913,45213,31813,07712,595
    Cash Equivalents30.8%61346956251548943840036039332677544054833136027325723824528033.00
  Goodwill0%1281281281281281289.00179179224264----------
Liabilities6.9%12,96212,12112,73612,87512,61013,42213,55114,00414,03313,71013,50113,23713,06912,58012,32211,74112,03611,84411,73211,55511,134
Shareholder's Equity-10.7%2,0662,3120.000.002,0311,9802,0860.009252,0991,8950.001,6831,7200.000.001,5931,6080.0014.001,462
  Retained Earnings2.8%2,2772,2152,1902,1522,1541,8881,9481,9802,0051,9881,8951,7851,7061,6291,5701,566-1.241,5531,5381,5071,490
  Additional Paid-In Capital---------5.0017.0013.008.00---------
Shares Outstanding-1.0%35.0035.0036.0036.0037.0037.0038.0039.0039.0039.0039.0039.00---------
Float---7,062---4,501---6,015---4,604---5,014--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations72.5%241,058139,767135,746175,946206,387166,796170,183214,299221,835160,328155,335119,458239,46487,528184,903131,522164,182136,246118,66466,421192,787
  Share Based Compensation12.4%2,2892,0372,45612,1292,7091,0616,15412,4372,0086422,53911,6533,2902,2192,35711,1612,4642,0702,10410,8961,873
Cashflow From Investing97.8%-2,246-101,59844,979-31,186-103,257-7,97323,854-112,672-200,826-589,48970,174-203,2424,548-60,8113,478-744-87,125-57,997-82,04025,278-100,678
Cashflow From Financing26.2%-95,822-129,881-134,926-118,992-52,554-118,155-152,570-134,57145,699-18,827105,754-24,652-29,340-57,507-102,669-112,274-58,369-85,072-71,706-74,987-54,192
  Dividend Payments-2.0%22,87023,33623,59923,91020,38920,57121,17821,64518,68518,67118,66018,62015,85015,88216,08416,53014,16214,32314,51714,62810,859
  Buy Backs3087.7%125,1483,926108,11185,27582,1385,980118,99299,01011,75887.009415,96677,3543.009.0090,063105,4264,5235.0053,62559,739

PRI Income Statement

2023-12-31
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 premiums1,660,3141,600,2281,505,884
Commissions and fees950,416944,6761,042,813
Investment income net of investment expenses201,311156,987142,795
Interest expense on surplus note(65,474)(63,922)(62,207)
Net investment income135,83793,06580,588
Realized investment gains (losses)(645)1,4444,665
Other investment gains (losses)(5,251)(2,439)1,207
Investment gains (losses)(5,896)(995)5,872
Other, net75,02083,15974,575
Revenues2,815,6912,720,1332,709,732
Benefits and expenses:   
Benefits and claims642,979632,403602,007
Future policy benefits remeasurement (gain) loss(384)1,6261,297
Amortization of deferred policy acquisition costs275,816261,629238,270
Sales commissions457,444462,764522,308
Insurance expenses235,460235,405202,605
Insurance commissions34,22230,26134,532
Contract acquisition costs55,23368,43152,788
Interest expense26,59427,23730,618
Goodwill impairment loss 60,00076,000
Loss on extinguishment of debt  8,927
Other operating expenses336,647320,394296,851
Total benefits and expenses2,064,0112,100,1502,066,203
Income before income taxes751,680619,983643,529
Income taxes175,079152,953167,544
Net income576,601467,030475,985
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:   
Basic35,95437,99739,530
Diluted36,02738,10639,652

PRI Balance Sheet

2023-12-31
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)1,386,9801,444,920
Short-term investments available-for-sale, at fair value (amortized cost: $276 in 2023 and $69,393 in 2022)27669,406
Equity securities, at fair value (historical cost: $27,106 in 2023 and $29,430 in 2022)29,68035,404
Trading securities, at fair value (cost: $18,761 in 2023 and $4,229 in 2022)18,3833,698
Policy loans and other invested assets51,17548,713
Total investments4,205,9614,097,597
Cash and cash equivalents613,148489,240
Accrued investment income23,95820,885
Reinsurance recoverables3,015,7773,209,540
Deferred policy acquisition costs, net3,447,2343,188,502
Renewal commissions receivable190,258200,043
Agent balances, due premiums and other receivables273,066254,276
Goodwill127,707127,707
Intangible assets, net (accumulated amortization: $26,250 in 2023 and $15,750 in 2022)175,025185,525
Income tax receivable6,920 
Deferred income taxes116,59493,632
Operating lease right-of-use assets53,69340,500
Other assets382,549428,259
Separate account assets2,395,8422,305,717
Total assets15,027,73214,641,423
Liabilities:  
Future policy benefits6,742,0256,297,906
Unearned and advance premiums14,87615,422
Policy claims and other benefits payable513,803538,250
Other policyholders’ funds435,094483,769
Notes payable593,709592,905
Surplus note1,386,5921,444,469
Income tax payable22,66936,876
Deferred income taxes112,578167,142
Operating lease liabilities61,35845,995
Other liabilities583,434580,780
Payable under securities lending99,785100,938
Separate account liabilities2,395,8422,305,717
Commitments and contingent liabilities (see Commitments and Contingent Liabilities note)
Total liabilities12,961,76512,610,169
Equity attributable to Primerica, Inc.:  
Common stock ($0.01 par value; authorized 500,000 shares in 2023 and 2022; issued and outstanding 34,996 shares in 2023 and 36,824 shares in 2022)350368
Retained earnings2,276,9462,153,617
Accumulated other comprehensive income (loss), net of income tax:  
Effect of change in discount rate assumptions on the liability for future policy benefits(39,086)130,416
Unrealized foreign currency translation gains (losses)(2,235)(12,279)
Net unrealized investment gains (losses) on available-for-sale securities(170,008)(240,868)
Total permanent stockholders’ equity2,065,9672,031,254
Total liabilities and temporary and permanent stockholders’ equity$ 15,027,732$ 14,641,423
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 Wed Mar 27 2024, market cap of Primerica Inc is 8.93 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 Wed Mar 27 2024, PRI's PE ratio (Price to Earnings) is 15.52 and Price to Sales (PS) ratio is 3.17. 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 0.189 (multiply by 100 for percentage) rate of return.