Primerica (NYSE:PRI - Get Free Report) is anticipated to release its Q1 2025 earnings data 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 issued its quarterly earnings results on Tuesday, February 11th. The financial services provider reported $5.03 earnings per share for the quarter, topping analysts' consensus estimates of $4.81 by $0.22. Primerica had a net margin of 15.14% and a return on equity of 31.11%. On average, analysts expect Primerica to post $21 EPS for the current fiscal year and $23 EPS for the next fiscal year.
Primerica Price Performance
NYSE:PRI traded up $7.03 during mid-day trading on Friday, reaching $265.41. The stock had a trading volume of 229,844 shares, compared to its average volume of 158,569. Primerica has a 12 month low of $211.54 and a 12 month high of $307.91. The stock has a market capitalization of $8.78 billion, a PE ratio of 19.30 and a beta of 1.02. The stock has a 50-day simple moving average of $271.54 and a two-hundred day simple moving average of $280.57.
Primerica Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 21st were issued a $1.04 dividend. This represents a $4.16 dividend on an annualized basis and a dividend 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 (DPR) is currently 30.25%.
Analyst Upgrades and Downgrades
Several analysts recently weighed in on the company. BMO Capital Markets began coverage on Primerica in a research report on Thursday, January 23rd. They set a "market perform" rating and a $311.00 price objective for the company. Morgan Stanley decreased their price target on shares of Primerica from $313.00 to $304.00 and set an "equal weight" rating for the company in a research report on Friday, February 28th. Keefe, Bruyette & Woods cut their price target 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 downgraded Primerica from a "buy" rating to a "hold" rating in a report on Friday, February 7th. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, Primerica presently has an average rating of "Hold" and an average price target of $309.14.
View Our Latest Analysis on PRI
Insider Transactions at Primerica
In other Primerica news, CEO Glenn J. Williams sold 3,000 shares of the stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $281.74, for a total transaction of $845,220.00. Following the completion of the sale, the chief executive officer now directly owns 33,322 shares in the company, valued at approximately $9,388,140.28. This trade represents a 8.26 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Nicholas Adam Jendusa sold 234 shares of the business's stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $280.15, for a total value of $65,555.10. Following the completion of the transaction, the insider now directly owns 200 shares in the company, valued at $56,030. This represents a 53.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 5,234 shares of company stock worth $1,476,575 over the last three months. 0.61% of the stock is owned by company insiders.
About Primerica
(
Get Free Report)
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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