Primerica (PRI) Projected to Post Earnings on Wednesday

Primerica (NYSE:PRI - Get Free Report) is projected to announce its Q1 2025 earnings results after the market closes on Wednesday, May 7th. Analysts expect the company to announce earnings of $4.77 per share and revenue of $783.54 million for the quarter.

Primerica (NYSE:PRI - Get Free Report) last released its earnings results on Tuesday, February 11th. The financial services provider reported $5.03 earnings per share for the quarter, beating the consensus estimate of $4.81 by $0.22. Primerica had a return on equity of 31.11% and a net margin of 15.14%. On average, analysts expect Primerica to post $21 EPS for the current fiscal year and $23 EPS for the next fiscal year.

Primerica Trading Up 2.7 %

Primerica stock opened at $265.41 on Monday. The firm has a market capitalization of $8.78 billion, a P/E ratio of 19.30 and a beta of 1.02. The business has a 50-day moving average of $271.54 and a 200-day moving average of $280.56. Primerica has a 1 year low of $211.54 and a 1 year high of $307.91.

Primerica Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 21st were paid a $1.04 dividend. This represents a $4.16 annualized dividend and a yield of 1.57%. The ex-dividend date of this dividend was Friday, February 21st. This is an increase from Primerica's previous quarterly dividend of $0.90. Primerica's dividend payout ratio is presently 30.25%.

Insider Transactions at Primerica

In related news, insider Nicholas Adam Jendusa sold 234 shares of the stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $280.15, for a total transaction of $65,555.10. Following the completion of the transaction, the insider now directly owns 200 shares of the company's stock, valued at approximately $56,030. This represents a 53.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, President Peter W. Schneider sold 2,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $282.90, for a total value of $565,800.00. Following the completion of the transaction, the president now owns 13,301 shares of the company's stock, valued at approximately $3,762,852.90. This represents a 13.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 5,234 shares of company stock valued at $1,476,575 over the last 90 days. 0.61% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on PRI. BMO Capital Markets assumed coverage on shares of Primerica in a report on Thursday, January 23rd. They issued a "market perform" rating and a $311.00 price target for the company. Morgan Stanley dropped their price target on Primerica from $313.00 to $304.00 and set an "equal weight" rating on the stock in a research report on Friday, February 28th. Keefe, Bruyette & Woods dropped their target price on shares of Primerica from $320.00 to $315.00 and set a "market perform" rating on the stock in a report on Wednesday, April 9th. Finally, StockNews.com cut shares of Primerica from a "buy" rating to a "hold" rating in a report on Friday, February 7th. Six analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, Primerica has a consensus rating of "Hold" and an average price target of $309.14.

Primerica Company Profile

Primerica, Inc, together with its subsidiaries, provides financial products and services 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.

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