Primerica Company Profile (NYSE:PRI)

About Primerica (PRI)

Primerica logoPrimerica Inc. (Primerica) distributes financial products to middle-income households. The Company operates through three segments. 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 through Primerica Life Insurance Company of Canada. In the United States, it distributes mutual fund and annuity products of various third-party companies. In Canada, it offers a Primerica-branded fund-of-funds mutual fund product, as well as mutual funds of mutual fund companies. The Corporate and Other Distributed Products segment consists of revenues and expenses related to the distribution of non-core products.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Life Insurance
  • Sub-Industry: Life & Health Insurance
  • Exchange: NYSE
  • Symbol: PRI
  • CUSIP: 74164M10
Key Metrics:
  • Previous Close: $79.85
  • 50 Day Moving Average: $80.19
  • 200 Day Moving Average: $68.09
  • 52-Week Range: $42.74 - $84.15
  • Trailing P/E Ratio: 17.38
  • Foreward P/E Ratio: 13.72
  • P/E Growth: 1.17
  • Market Cap: $3.64B
  • Outstanding Shares: 45,700,000
  • Beta: 1.15
Profitability:
  • Net Margins: 14.44%
  • Return on Equity: 17.98%
  • Return on Assets: 1.93%
Debt:
  • Current Ratio: 0.65%
  • Quick Ratio: 0.65%

Analyst Ratings

Consensus Ratings for Primerica (NYSE:PRI) (?)
Ratings Breakdown: 3 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $83.00 (4.14% upside)

Analysts' Ratings History for Primerica (NYSE:PRI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/17/2017Keefe, Bruyette & WoodsSet Price TargetHold$78.00HighView 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
9/22/2016Wells Fargo & CoInitiated CoverageMarket PerformN/AView Rating Details
1/21/2016William BlairInitiated CoverageOutperformN/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 3/23/2015 forward)

Earnings

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
5/2/2017        
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)

Estimates

Earnings Estimates for Primerica (NYSE:PRI)
Current Year EPS Consensus Estimate: $5.23 EPS
Next Year EPS Consensus Estimate: $5.81 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.90$0.91$0.91
Q2 20162$1.04$1.08$1.06
Q3 20162$1.12$1.15$1.14
Q4 20162$1.18$1.21$1.20
Q1 20172$1.17$1.19$1.18
Q2 20172$1.30$1.38$1.34
Q3 20172$1.34$1.43$1.39
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)

Dividends

Current Dividend Information for Primerica (NYSE:PRI)
Most Recent Dividend:3/17/2017
Annual Dividend:$0.72
Dividend Yield:0.90%
Dividend Growth:16.70% (3 Year Average)
Payout Ratio:15.72% (Trailing 12 Months of Earnings)
13.77% (Based on This Year's Estimates)
12.39% (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
2/7/2017quarterly$0.190.98%2/15/20172/20/20173/17/2017
11/7/2016quarterly$0.181.29%11/16/201611/18/201612/16/2016
8/10/2016quarterly$0.181.28%8/22/20168/24/20169/16/2016
5/9/2016quarterly$0.171.34%5/18/20165/20/20166/16/2016
2/8/2016quarterly$0.171.65%2/17/20162/19/20163/16/2016
11/9/2015quarterly$0.161.24%11/18/201511/20/201512/16/2015
8/7/2015quarterly$0.161.52%8/18/20158/20/20159/16/2015
5/8/2015quarterly$0.161.38%5/18/20155/20/20156/16/2015
2/5/2015quarterly$0.161.19%2/18/20152/20/20153/16/2015
11/7/2014quarterly$0.120.91%11/18/201411/20/201412/16/2014
8/8/2014quarterly$0.121.02%8/18/20148/20/20149/16/2014
5/9/2014quarterly$0.121.05%5/16/20145/20/20146/16/2014
2/7/2014quarterly$0.121.17%2/18/20142/20/20143/10/2014
11/11/2013quarterly$0.111.04%11/20/201311/22/201312/10/2013
8/12/2013quarterly$0.111.1%8/21/20138/23/20139/10/2013
5/13/2013quarterly$0.111.27%5/22/20135/24/20136/10/2013
2/11/2013quarterly$0.111.36%2/20/20132/22/20133/8/2013
(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
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)

Headlines

Headline Trends for Primerica (NYSE:PRI)
Latest Headlines for Primerica (NYSE:PRI)
Source:
DateHeadline
News IconPrimerica, Inc. (PRI) Given Average Rating of "Hold" by Analysts (NYSE:PRI)
www.americanbankingnews.com - March 22 at 12:43 PM
finance.yahoo.com logoZacks.com featured highlights: East West Bancorp, CBRE Group, Colliers International Group, C.R. Bard and Primerica (NYSE:PRI)
finance.yahoo.com - March 21 at 10:50 AM
zacks.com logoManulife Financial (MFC) on Growth Track: Should You Hold? (NYSE:PRI)
www.zacks.com - March 20 at 9:29 AM
businesswire.com logoJohn Addison Delivers Inspiring Message to Thousands at LegalShield’s LevelUp Convention (NYSE:PRI)
www.businesswire.com - March 10 at 9:08 PM
bizjournals.com logoSt. Pete hospital now has a former Tampa Bay lawmaker working for it in Tallahassee (NYSE:PRI)
www.bizjournals.com - March 6 at 6:41 PM
finance.yahoo.com logoTop Stock Picks for the Week of March 6th (NYSE:PRI)
finance.yahoo.com - March 6 at 6:41 PM
finance.yahoo.com logoPRIMERICA, INC. Financials (NYSE:PRI)
finance.yahoo.com - March 3 at 7:21 PM
finance.yahoo.com logo5 GARP Stocks for a Winning Portfolio (NYSE:PRI)
finance.yahoo.com - March 2 at 8:31 AM
biz.yahoo.com logoPRIMERICA, INC. Files SEC form 10-K, Annual Report (NYSE:PRI)
biz.yahoo.com - February 28 at 3:48 PM
streetinsider.com logoForm 5 Primerica, Inc. For: Dec 31 Filed by: Rand Alison S. - StreetInsider.com (NYSE:PRI)
www.streetinsider.com - February 14 at 5:08 AM
finance.yahoo.com logoEdited Transcript of PRI earnings conference call or presentation 9-Feb-17 3:00pm GMT (NYSE:PRI)
finance.yahoo.com - February 10 at 2:53 AM
seekingalpha.com logoPrimerica, Inc. 2016 Q4 - Results - Earnings Call Slides (NYSE:PRI)
seekingalpha.com - February 9 at 9:52 PM
reuters.com logoBRIEF-Primerica Q4 earnings per share $1.21 (NYSE:PRI)
www.reuters.com - February 9 at 2:01 AM
rttnews.com logoPrimerica, Inc. Q4 Profit Advances 11% (NYSE:PRI)
www.rttnews.com - February 8 at 8:59 PM
biz.yahoo.com logoQ4 2016 Primerica Inc Earnings Release - After Market Close (NYSE:PRI)
us.rd.yahoo.com - February 8 at 8:59 PM
us.rd.yahoo.com logoPrimerica Reports Fourth Quarter 2016 Results (NYSE:PRI)
us.rd.yahoo.com - February 8 at 8:59 PM
biz.yahoo.com logoPRIMERICA, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure, Financia (NYSE:PRI)
us.rd.yahoo.com - February 8 at 8:59 PM
finance.yahoo.com logoBoard of Directors of Primerica, Inc. Declares $0.19 Quarterly Dividend (NYSE:PRI)
finance.yahoo.com - February 7 at 9:55 PM
finance.yahoo.com logo4:23 pm Primerica increases quarterly dividend to $0.19 per share from $0.18 per share (NYSE:PRI)
finance.yahoo.com - February 7 at 9:55 PM
finance.yahoo.com logoPrimeWest Mortgage Investment Corporation announces additional financing made available (NYSE:PRI)
finance.yahoo.com - January 18 at 7:55 PM
businesswire.com logoPrimerica Wins Fourteenth Consecutive DALBAR Mutual Fund Service Award - Business Wire (press release) (NYSE:PRI)
www.businesswire.com - January 12 at 7:57 PM

Social

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. Stockholders 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 dividend yield of 0.95%. The ex-dividend date of this dividend is Wednesday, February 15th. This is a boost from Primerica's previous quarterly dividend of $0.18.

How were Primerica's earnings last quarter?

Primerica, Inc. (NYSE:PRI) announced its 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 firm had revenue of $393.90 million for the quarter, compared to analysts' expectations of $386.46 million. Primerica had a net margin of 14.44% and a return on equity of 17.98%. The company's revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter in the prior year, the business 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?

4 brokerages have issued 1 year price targets for Primerica's shares. Their forecasts range from $76.00 to $95.00. On average, they expect Primerica's share price to reach $83.00 in the next year.

Who owns Primerica stock?

Primerica's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Ruane Cunniff & Goldfarb Inc. (6.58%), Burgundy Asset Management Ltd. (3.96%), State Street Corp (3.74%), Dimensional Fund Advisors LP (3.52%), Brave Warrior Advisors LLC (3.52%) and FMR LLC (3.46%). 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 Brave Warrior Advisors LLC, FMR LLC, Ruane Cunniff & Goldfarb Inc., RidgeWorth Capital Management LLC, Thrivent Financial for Lutherans, State Street Corp, Dimensional Fund Advisors LP and Allianz Asset Management AG. 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 purchased by a variety of institutional investors in the last quarter, including Norges Bank, Marshall Wace LLP, Renaissance Technologies LLC, Guggenheim Capital LLC, Castleark Management LLC, Burgundy Asset Management Ltd., Brown Advisory Inc. and Federated Investors Inc. PA.

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 $79.70.

Primerica (PRI) Chart for Thursday, March, 23, 2017

This page was last updated on 3/23/2017 by MarketBeat.com Staff