Primerica (PRI) Expected to Announce Quarterly Earnings on Wednesday

Primerica (NYSE:PRI - Get Free Report) is expected 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 announced its quarterly earnings data on Wednesday, May 7th. The financial services provider reported $5.02 EPS for the quarter, topping analysts' consensus estimates of $4.77 by $0.25. Primerica had a return on equity of 31.11% and a net margin of 15.14%. The business had revenue of $803.56 million during the quarter, compared to analysts' expectations of $783.54 million. During the same period in the previous year, the firm earned $3.91 earnings per share. The firm's quarterly revenue was up 8.3% compared to the same quarter last year. On average, analysts expect Primerica to post $21 EPS for the current fiscal year and $23 EPS for the next fiscal year.

Primerica Stock Performance

NYSE:PRI traded down $2.07 during mid-day trading on Friday, hitting $269.93. The company had a trading volume of 16,113 shares, compared to its average volume of 156,749. Primerica has a fifty-two week low of $217.56 and a fifty-two week high of $307.91. The firm has a market cap of $8.93 billion, a P/E ratio of 19.63 and a beta of 1.02. The business's fifty day moving average is $270.02 and its two-hundred day moving average is $280.21.

Primerica Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Thursday, May 22nd will be paid a $1.04 dividend. The ex-dividend date is Thursday, May 22nd. This represents a $4.16 dividend on an annualized basis and a dividend yield of 1.54%. Primerica's dividend payout ratio (DPR) is presently 30.25%.

Wall Street Analysts Forecast Growth

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

Insider Activity at Primerica

In related news, President Peter W. Schneider sold 2,000 shares of Primerica stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $282.90, for a total value of $565,800.00. Following the sale, the president now owns 13,301 shares of the company's stock, valued at approximately $3,762,852.90. The trade was a 13.07 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Glenn J. Williams sold 3,000 shares of the stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $281.74, for a total value of $845,220.00. Following the transaction, the chief executive officer now directly owns 33,322 shares of the company's stock, valued at $9,388,140.28. This trade represents a 8.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 5,234 shares of company stock valued at $1,476,575. 0.61% of the stock is owned by insiders.

About Primerica

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.