Primerica Company Profile (NYSE:PRI)

About Primerica (PRI)

Primerica logoPrimerica Inc. (Primerica) is a distributor of financial products to middle-income households in the United States and Canada. The Company operates through three segments: Term Life Insurance, Investment and Savings Products, and Corporate and Other Distributed Products. The Term Life Insurance segment includes underwriting profits on its in-force book of term life insurance policies, net of reinsurance, which are underwritten by its life insurance company subsidiaries. The Investment and Savings Products segment includes retail and managed mutual funds, and annuities distributed through licensed broker-dealer subsidiaries and includes segregated funds, an individual annuity savings product that it underwrites in Canada through Primerica Life Insurance Company of Canada (Primerica Life Canada). In the United States, it distributes mutual fund and annuity products of various third-party companies. It also earns fees for account servicing on a subset of the mutual funds it distributes.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Life Insurance
  • Sub-Industry: Life & Health Insurance
  • Exchange: NYSE
  • Symbol: PRI
  • CUSIP: 74164M10
Key Metrics:
  • Previous Close: $84.75
  • 50 Day Moving Average: $81.74
  • 200 Day Moving Average: $72.02
  • 52-Week Range: $47.92 - $85.55
  • Trailing P/E Ratio: 18.48
  • Foreward P/E Ratio: 14.54
  • P/E Growth: 1.21
  • Market Cap: $3.87B
  • Outstanding Shares: 45,700,000
  • Beta: 1.15
  • Net Margins: 14.44%
  • Return on Equity: 17.98%
  • Return on Assets: 1.93%
  • Current Ratio: 0.65%
  • Quick Ratio: 0.65%

Analyst Ratings

Consensus Ratings for Primerica (NYSE:PRI) (?)
Ratings Breakdown: 4 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $84.00 (0.88% downside)

Analysts' Ratings History for Primerica (NYSE:PRI)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/21/2017William BlairDowngradeOutperform -> Market PerformHighView Rating Details
4/20/2017Wells Fargo & CoDowngradeOutperform -> Market PerformHighView Rating Details
4/10/2017Keefe, Bruyette & WoodsReiterated RatingHold$81.00LowView Rating Details
2/11/2017SunTrust Banks, Inc.Set Price TargetBuy$95.00N/AView Rating Details
1/26/2017Citigroup IncInitiated CoverageNeutral$76.00N/AView Rating Details
10/20/2015Raymond James Financial, Inc.DowngradeStrong-Buy -> OutperformN/AView Rating Details
8/17/2015Jefferies Group LLCUpgradeHold -> Buy$50.00N/AView Rating Details
(Data available from 4/24/2015 forward)


Earnings History for Primerica (NYSE:PRI)
Earnings by Quarter for Primerica (NYSE:PRI)
Earnings History by Quarter for Primerica (NYSE:PRI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/8/2017Q4 2016$1.19$1.19$386.46 million$393.90 millionViewListenView Earnings Details
11/9/2016Q316$1.13$1.22$378.67 million$383.60 millionViewListenView Earnings Details
8/8/2016Q216$1.06$1.19$370.76 million$379.24 millionViewN/AView Earnings Details
5/4/2016Q116$0.91$0.93$360.50 million$363.00 millionViewN/AView Earnings Details
2/10/2016Q4$0.98$1.01$360.14 million$357.48 millionViewListenView Earnings Details
11/4/2015Q315$0.94$0.98$358.78 million$355.80 millionViewN/AView Earnings Details
8/5/2015Q215$0.94$0.93$346.68 million$350.86 millionViewN/AView Earnings Details
5/6/2015Q115$0.81$0.80$348.30 million$343.90 millionViewN/AView Earnings Details
2/9/2015Q414$0.85$0.84$339.94 million$345.40 millionViewN/AView Earnings Details
11/4/2014Q314$0.81$0.82$334.50 million$339.19 millionViewN/AView Earnings Details
8/6/2014Q214$0.83$0.88$331.02 million$330.30 millionViewN/AView Earnings Details
5/5/2014Q114$0.82$0.77$332.02 million$324.30 millionViewN/AView Earnings Details
2/10/2014Q4 13$0.79$0.87$325.90 million$327.20 millionViewN/AView Earnings Details
11/7/2013Q313$0.76$0.78$314.80 million$319.46 millionViewN/AView Earnings Details
8/6/2013Q2 2013$0.72$0.74$316.78 million$312.31 millionViewN/AView Earnings Details
5/7/2013Q1 2013$0.69$0.65$310.10 million$308.40 millionViewN/AView Earnings Details
2/7/2013Q4 2012$0.70$0.67$294.57 million$304.50 millionViewN/AView Earnings Details
11/7/2012Q312$0.68$0.72$277.94 million$299.09 millionViewN/AView Earnings Details
8/7/2012$0.65$0.71ViewN/AView Earnings Details
5/1/2012$0.63$0.61ViewN/AView Earnings Details
2/7/2012$0.61$0.56ViewN/AView Earnings Details
11/1/2011$0.57$0.56ViewN/AView Earnings Details
8/2/2011$0.57$0.58ViewN/AView Earnings Details
5/3/2011$0.57$0.68ViewN/AView Earnings Details
2/8/2011$0.53$0.59ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Primerica (NYSE:PRI)
2017 EPS Consensus Estimate: $5.33
2018 EPS Consensus Estimate: $5.69
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$1.17$1.19$1.18
Q2 20172$1.30$1.41$1.36
Q3 20172$1.34$1.48$1.41
Q4 20172$1.35$1.41$1.38
Q1 20182$1.32$1.33$1.33
Q2 20181$1.44$1.44$1.44
Q3 20181$1.44$1.44$1.44
Q4 20181$1.48$1.48$1.48
(Data provided by Zacks Investment Research)


Current Dividend Information for Primerica (NYSE:PRI)
Most Recent Dividend:3/17/2017
Annual Dividend:$0.72
Dividend Yield:0.85%
Dividend Growth:16.70% (3 Year Average)
Payout Ratio:15.72% (Trailing 12 Months of Earnings)
13.71% (Based on This Year's Estimates)
12.35% (Based on Next Year's Estimates)
Track Record:6 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Primerica (NYSE:PRI)

Dividend History by Quarter for Primerica (NYSE:PRI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Primerica (NYSE:PRI)
Insider Ownership Percentage: 1.24%
Insider Trades by Quarter for Primerica (NYSE:PRI)
Institutional Ownership by Quarter for Primerica (NYSE:PRI)
Insider Trades by Quarter for Primerica (NYSE:PRI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/5/2017William A KellyInsiderSell2,500$82.29$205,725.00View SEC Filing  
3/13/2017Peter W SchneiderPresidentSell1,850$81.30$150,405.00View SEC Filing  
3/2/2017Gregory C PittsVPSell5,000$81.97$409,850.00View SEC Filing  
2/13/2017P George BensonDirectorSell500$81.55$40,775.00View SEC Filing  
1/5/2017William A KellyInsiderSell2,500$70.90$177,250.00View SEC Filing  
11/30/2016Alison S RandVPSell2,000$71.65$143,300.00View SEC Filing  
11/23/2016William A KellyInsiderSell1,500$71.49$107,235.00View SEC Filing  
10/24/2016William A KellyInsiderSell1,500$55.25$82,875.00View SEC Filing  
9/23/2016William A KellyInsiderSell1,500$57.11$85,665.00View SEC Filing  
9/7/2016Joel M BabbitDirectorSell1,406$57.31$80,577.86View SEC Filing  
8/25/2016William A KellyInsiderSell1,500$56.28$84,420.00View SEC Filing  
8/12/2016Jeffrey S FendlerInsiderSell1,000$56.02$56,020.00View SEC Filing  
8/1/2016Michael C AdamsInsiderSell2,500$51.99$129,975.00View SEC Filing  
7/25/2016William A KellyInsiderSell1,500$52.93$79,395.00View SEC Filing  
6/24/2016William A KellyInsiderSell1,500$55.00$82,500.00View SEC Filing  
6/6/2016Gregory C PittsCOOSell2,500$58.07$145,175.00View SEC Filing  
5/26/2016Gregory C PittsCOOSell8,624$54.48$469,835.52View SEC Filing  
5/24/2016Jeffrey S FendlerEVPSell5,000$53.21$266,050.00View SEC Filing  
11/24/2015Donald R WilliamsDirectorSell28,239$49.74$1,404,607.86View SEC Filing  
11/17/2015John A Jr. AddisonDirectorSell22,276$50.15$1,117,141.40View SEC Filing  
8/18/2015John A Jr. AddisonCEOSell29,969$43.76$1,311,443.44View SEC Filing  
5/11/2015Donald R WilliamsCEOSell30,000$46.52$1,395,600.00View SEC Filing  
4/1/2015Michael C AdamsEVPSell2,500$50.77$126,925.00View SEC Filing  
3/19/2015Donald R WilliamsCEOSell100,000$50.83$5,083,000.00View SEC Filing  
3/16/2015John A Jr. AddisonCEOSell30,000$51.59$1,547,700.00View SEC Filing  
3/10/2015Alison S RandCFOSell2,500$50.79$126,975.00View SEC Filing  
3/9/2015Chess E BrittEVPSell5,097$51.87$264,381.39View SEC Filing  
2/18/2015William A KellyInsiderSell4,714$54.05$254,791.70View SEC Filing  
2/17/2015Glenn J WilliamsPresidentSell3,000$54.84$164,520.00View SEC Filing  
11/17/2014Glenn J WilliamsPresidentSell3,000$51.81$155,430.00View SEC Filing  
11/10/2014Donald R WilliamsCEOSell30,000$52.58$1,577,400.00View SEC Filing  
9/2/2014Michael C AdamsEVPSell2,500$50.87$127,175.00View SEC Filing  
8/29/2014Alison S RandCFOSell2,500$50.24$125,600.00View SEC Filing  
8/18/2014Glenn J WilliamsPresidentSell3,000$48.22$144,660.00View SEC Filing  
8/11/2014John A Jr. AddisonCEOSell30,000$47.61$1,428,300.00View SEC Filing  
6/30/2014Peter W SchneiderVPSell2,096$47.54$99,643.84View SEC Filing  
6/2/2014Michael C AdamsEVPSell2,500$44.87$112,175.00View SEC Filing  
5/30/2014Alison S RandCFOSell2,500$45.19$112,975.00View SEC Filing  
5/19/2014Glenn WilliamsPresidentSell2,000$43.45$86,900.00View SEC Filing  
5/14/2014Donald WilliamsCEOSell30,000$44.10$1,323,000.00View SEC Filing  
4/1/2014Michael AdamsEVPSell10,000$47.17$471,700.00View SEC Filing  
3/31/2014Peter SchneiderVPSell6,521$46.50$303,226.50View SEC Filing  
3/13/2014Peter SchneiderVPSell3,220$46.64$150,180.80View SEC Filing  
2/19/2014Donald WilliamsCEOSell30,000$43.73$1,311,900.00View SEC Filing  
2/18/2014Glenn WilliamsPresidentSell2,000$44.00$88,000.00View SEC Filing  
1/2/2014Michael AdamsEVPSell1,000$42.85$42,850.00View SEC Filing  
12/31/2013Peter SchneiderVPSell2,305$43.20$99,576.00View SEC Filing  
12/30/2013Gregory PittsCOOSell4,582$43.49$199,271.18View SEC Filing  
12/3/2013Alison RandCFOSell2,500$42.48$106,200.00View SEC Filing  
11/18/2013Glenn WilliamsPresidentSell2,000$42.75$85,500.00View SEC Filing  
11/18/2013Gregory PittsCOOSell4,200$42.91$180,222.00View SEC Filing  
11/13/2013Donald WilliamsCEOSell30,000$42.23$1,266,900.00View SEC Filing  
9/3/2013Michael AdamsEVPSell1,000$37.67$37,670.00View SEC Filing  
8/30/2013Alison RandCFOSell2,661$37.57$99,973.77View SEC Filing  
8/19/2013Glenn WilliamsPresidentSell2,000$38.76$77,520.00View SEC Filing  
8/12/2013Donald WilliamsCEOSell30,000$40.12$1,203,600.00View SEC Filing  
8/9/2013Gregory PittsCOOSell12,500$40.49$506,125.00View SEC Filing  
8/9/2013Peter SchneiderVPSell8,500$40.21$341,785.00View SEC Filing  
8/1/2013William A KellyInsiderSell3,500$41.65$145,775.00View SEC Filing  
7/1/2013William A KellyInsiderSell3,500$37.50$131,250.00View SEC Filing  
6/28/2013Gregory C PittsCOOSell5,345$37.18$198,727.10View SEC Filing  
6/28/2013Peter W SchneiderVPSell2,672$37.08$99,077.76View SEC Filing  
6/14/2013Michael C AdamsEVPSell10,000$35.93$359,300.00View SEC Filing  
6/3/2013Pincus Private Equity WarburgDirectorSell2,488,621$34.67$86,280,490.07View SEC Filing  
6/3/2013William A KellyInsiderSell3,500$35.17$123,095.00View SEC Filing  
5/31/2013Alison S RandCFOSell2,800$35.70$99,960.00View SEC Filing  
5/20/2013Glenn J WilliamsPresidentSell2,000$34.38$68,760.00View SEC Filing  
5/13/2013Donald R WilliamsCEOSell30,000$34.17$1,025,100.00View SEC Filing  
5/1/2013William A KellyInsiderSell3,500$33.83$118,405.00View SEC Filing  
4/10/2013William A KellyInsiderSell1,000$33.00$33,000.00View SEC Filing  
2/15/2013Michael E MartinDirectorSell2,500,000$32.66$81,650,000.00View SEC Filing  
9/13/2012Jeffrey S FendlerInsiderSell10,000$30.00$300,000.00View SEC Filing  
9/13/2012Peter W SchneiderVPSell15,000$30.00$450,000.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Primerica (NYSE:PRI)
Latest Headlines for Primerica (NYSE:PRI)
DateHeadline logoForm 4 Primerica, Inc. For: Apr 20 Filed by: Kelly William A. - April 24 at 6:50 PM logoForm 4 Primerica, Inc. For: Apr 20 Filed by: Kelly William A. - - April 24 at 1:50 PM logoResearch Analysts Issue Forecasts for Primerica, Inc.'s Q2 2017 Earnings (PRI) - April 24 at 7:50 AM logoPrimerica (PRI) Receiving Somewhat Favorable Media Coverage, Study Shows - April 23 at 11:26 AM logoPrimerica, Inc. (PRI) Cut to Market Perform at William Blair - April 21 at 11:08 PM logoOpportunity In Primerica - April 21 at 12:30 AM logoPrimerica, Inc. (PRI) Downgraded by Wells Fargo & Co to Market Perform - April 20 at 10:21 PM logoSomewhat Critical Press Coverage Very Likely to Affect Primerica (PRI) Share Price - April 20 at 8:35 PM logoThis Top-Ranked Financial Stock Just Broke Into A Buy Zone - April 20 at 7:25 PM logoSomewhat Positive News Coverage Very Likely to Impact Primerica (PRI) Share Price - April 18 at 12:17 AM logoPrimerica, Inc. (PRI) Given Average Recommendation of "Hold" by Brokerages - April 17 at 3:27 PM logo$1.17 Earnings Per Share Expected for Primerica, Inc. (PRI) This Quarter - April 14 at 10:17 PM logoPrimerica (PRI) Getting Somewhat Favorable Press Coverage, Analysis Finds - April 14 at 9:09 PM logoKeefe, Bruyette & Woods Reiterates Hold Rating for Primerica, Inc. (PRI) - April 14 at 7:44 AM logoForm DEFA14A Primerica, Inc. - - April 12 at 6:54 PM logoPrimerica Schedules First Quarter 2017 Financial Results Webcast - Yahoo Finance - April 12 at 6:54 PM logoZions Bancorp (ZION) Appoints Barbara Yastine to Board - April 12 at 1:46 PM logoPrimerica Schedules First Quarter 2017 Financial Results Webcast - April 11 at 7:09 PM logoKeefe, Bruyette & Woods Reiterates "Hold" Rating for Primerica, Inc. (PRI) - April 10 at 9:39 PM logoShould Value Investors Consider Primerica (PRI) Stock? - Yahoo Finance - April 9 at 6:49 PM logoPrimerica Announces New Lifetime Investment Platform - April 7 at 12:03 PM logoShould Value Investors Consider Primerica (PRI) Stock? - April 7 at 12:03 PM logoWilliam A. Kelly Sells 2,500 Shares of Primerica, Inc. (PRI) Stock - April 6 at 7:57 PM logoPrimeWest Mortgage Investment Corporation files its December 31, 2016 audited financial statements - April 3 at 6:46 PM logoPrimerica, Inc. (PRI) Given a $95.00 Price Target by SunTrust Banks, Inc. Analysts - March 26 at 9:45 PM logoPrimerica, Inc. (PRI) Given Average Rating of "Hold" by Analysts - March 22 at 12:43 PM featured highlights: East West Bancorp, CBRE Group, Colliers International Group, C.R. Bard and Primerica - March 21 at 10:50 AM logoManulife Financial (MFC) on Growth Track: Should You Hold? - March 20 at 9:29 AM logoJohn Addison Delivers Inspiring Message to Thousands at LegalShield’s LevelUp Convention - March 10 at 9:08 PM logoSt. Pete hospital now has a former Tampa Bay lawmaker working for it in Tallahassee - March 6 at 6:41 PM logoTop Stock Picks for the Week of March 6th - March 6 at 6:41 PM logoPRIMERICA, INC. Financials - March 3 at 7:21 PM logo5 GARP Stocks for a Winning Portfolio - March 2 at 8:31 AM logoPRIMERICA, INC. Files SEC form 10-K, Annual Report - February 28 at 3:48 PM logoForm 5 Primerica, Inc. For: Dec 31 Filed by: Rand Alison S. - - February 14 at 5:08 AM logoEdited Transcript of PRI earnings conference call or presentation 9-Feb-17 3:00pm GMT - February 10 at 2:53 AM logoPrimerica, Inc. 2016 Q4 - Results - Earnings Call Slides - February 9 at 9:52 PM logoBRIEF-Primerica Q4 earnings per share $1.21 - February 9 at 2:01 AM logoPrimerica, Inc. Q4 Profit Advances 11% - February 8 at 8:59 PM logoQ4 2016 Primerica Inc Earnings Release - After Market Close - February 8 at 8:59 PM logoPrimerica Reports Fourth Quarter 2016 Results - February 8 at 8:59 PM logoPRIMERICA, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure, Financia - February 8 at 8:59 PM logoBoard of Directors of Primerica, Inc. Declares $0.19 Quarterly Dividend - February 7 at 9:55 PM logo4:23 pm Primerica increases quarterly dividend to $0.19 per share from $0.18 per share - February 7 at 9:55 PM logoPrimeWest Mortgage Investment Corporation announces additional financing made available - January 18 at 7:55 PM logoPrimerica Wins Fourteenth Consecutive DALBAR Mutual Fund Service Award - Business Wire (press release) - January 12 at 7:57 PM


Frequently Asked Questions for Primerica (NYSE:PRI)

What is Primerica's stock symbol?

Primerica trades on the New York Stock Exchange (NYSE) under the ticker symbol "PRI."

How often does Primerica pay dividends? What is the dividend yield for Primerica?

Primerica declared a quarterly dividend on Tuesday, February 7th. Shareholders of record on Monday, February 20th will be paid a dividend of $0.19 per share on Friday, March 17th. This represents a $0.76 annualized dividend and a yield of 0.90%. The ex-dividend date is Wednesday, February 15th. This is an increase from Primerica's previous quarterly dividend of $0.18.

How were Primerica's earnings last quarter?

Primerica, Inc. (NYSE:PRI) released its quarterly earnings results on Wednesday, February, 8th. The company reported $1.19 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.19. The business earned $393.90 million during the quarter, compared to analysts' expectations of $386.46 million. Primerica had a return on equity of 17.98% and a net margin of 14.44%. The business's quarterly revenue was up 11.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.01 earnings per share.

When will Primerica make its next earnings announcement?

Primerica is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.

Where is Primerica's stock going? Where will Primerica's stock price be in 2017?

5 brokerages have issued 12-month price targets for Primerica's stock. Their predictions range from $76.00 to $95.00. On average, they expect Primerica's stock price to reach $84.00 in the next year.

Who owns Primerica stock?

Primerica's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (0.28%), PhiloSmith Capital Corp (0.27%), Nationwide Fund Advisors (0.25%), Academy Capital Management Inc. TX (0.15%), Retirement Systems of Alabama (0.13%) and First Manhattan Co. (0.03%). Company insiders that own Primerica stock include Alison S Rand, Donald R Williams, Gregory C Pitts, Jeffrey S Fendler, Joel M Babbit, John A Jr Addison, Michael C Adams, P George Benson, Peter W Schneider and William A Kelly.

Who sold Primerica stock? Who is selling Primerica stock?

Primerica's stock was sold by a variety of institutional investors in the last quarter, including Nationwide Fund Advisors, Peregrine Capital Management LLC, Nisa Investment Advisors LLC and Retirement Systems of Alabama. Company insiders that have sold Primerica stock in the last year include Alison S Rand, Gregory C Pitts, Jeffrey S Fendler, Joel M Babbit, Michael C Adams, P George Benson, Peter W Schneider and William A Kelly.

Who bought Primerica stock? Who is buying Primerica stock?

Primerica's stock was bought by a variety of institutional investors in the last quarter, including First Manhattan Co., James Investment Research Inc., Bank of Montreal Can, Capstone Asset Management Co. and Louisiana State Employees Retirement System.

How do I buy Primerica stock?

Shares of Primerica can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Primerica stock cost?

One share of Primerica stock can currently be purchased for approximately $84.75.

Primerica (PRI) Chart for Monday, April, 24, 2017

This page was last updated on 4/24/2017 by Staff