Primerica, Inc. (NYSE:PRI – Free Report) – William Blair boosted their Q1 2025 earnings estimates for shares of Primerica in a research report issued to clients and investors on Thursday, November 7th. William Blair analyst J. Schmitt now forecasts that the financial services provider will post earnings per share of $4.73 for the quarter, up from their previous forecast of $4.53. The consensus estimate for Primerica’s current full-year earnings is $18.49 per share. William Blair also issued estimates for Primerica’s Q2 2025 earnings at $5.31 EPS, Q3 2025 earnings at $5.31 EPS, FY2025 earnings at $20.60 EPS, Q1 2026 earnings at $5.16 EPS, Q2 2026 earnings at $5.77 EPS, Q3 2026 earnings at $5.73 EPS and FY2026 earnings at $22.30 EPS.
A number of other brokerages also recently issued reports on PRI. Jefferies Financial Group lifted their price target on shares of Primerica from $239.00 to $249.00 and gave the company a “hold” rating in a report on Thursday, July 18th. Morgan Stanley lifted their price target on shares of Primerica from $257.00 to $269.00 and gave the company an “equal weight” rating in a report on Monday, August 19th. Keefe, Bruyette & Woods boosted their target price on shares of Primerica from $255.00 to $275.00 and gave the stock a “market perform” rating in a report on Wednesday, July 17th. Piper Sandler initiated coverage on shares of Primerica in a report on Friday, August 30th. They issued a “neutral” rating and a $283.00 target price on the stock. Finally, Truist Financial boosted their target price on shares of Primerica from $300.00 to $340.00 and gave the stock a “buy” rating in a report on Friday. Six analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Primerica currently has a consensus rating of “Hold” and an average price target of $288.33.
Primerica Stock Performance
PRI opened at $300.62 on Monday. The stock has a market cap of $10.17 billion, a price-to-earnings ratio of 22.97 and a beta of 1.08. The firm’s fifty day moving average is $269.64 and its 200 day moving average is $248.67. Primerica has a fifty-two week low of $184.76 and a fifty-two week high of $304.84.
Primerica (NYSE:PRI – Get Free Report) last released its earnings results on Wednesday, November 6th. The financial services provider reported $5.68 earnings per share for the quarter, beating analysts’ consensus estimates of $4.81 by $0.87. Primerica had a net margin of 14.95% and a return on equity of 30.93%. The company had revenue of $774.13 million for the quarter, compared to analysts’ expectations of $745.25 million. During the same quarter in the previous year, the company earned $4.28 EPS. Primerica’s revenue for the quarter was up 11.0% on a year-over-year basis.
Institutional Investors Weigh In On Primerica
Several hedge funds have recently modified their holdings of the business. Burgundy Asset Management Ltd. lifted its position in shares of Primerica by 1.4% in the 2nd quarter. Burgundy Asset Management Ltd. now owns 1,237,164 shares of the financial services provider’s stock worth $292,688,000 after purchasing an additional 17,095 shares during the period. Millennium Management LLC lifted its position in shares of Primerica by 30,726.7% in the 2nd quarter. Millennium Management LLC now owns 680,961 shares of the financial services provider’s stock worth $161,102,000 after purchasing an additional 678,752 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Primerica by 3.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 637,753 shares of the financial services provider’s stock worth $150,880,000 after purchasing an additional 21,836 shares during the period. Raymond James & Associates lifted its position in Primerica by 4.6% during the third quarter. Raymond James & Associates now owns 121,349 shares of the financial services provider’s stock valued at $32,176,000 after acquiring an additional 5,323 shares during the last quarter. Finally, Los Angeles Capital Management LLC lifted its position in Primerica by 8.7% during the third quarter. Los Angeles Capital Management LLC now owns 108,399 shares of the financial services provider’s stock valued at $28,742,000 after acquiring an additional 8,641 shares during the last quarter. Hedge funds and other institutional investors own 90.88% of the company’s stock.
Insider Activity at Primerica
In related news, President Peter W. Schneider sold 1,500 shares of the company’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $261.11, for a total transaction of $391,665.00. Following the transaction, the president now directly owns 10,259 shares in the company, valued at approximately $2,678,727.49. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, President Peter W. Schneider sold 1,500 shares of the company’s stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $261.11, for a total transaction of $391,665.00. Following the transaction, the president now directly owns 10,259 shares in the company, valued at approximately $2,678,727.49. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John A. Jr. Addison sold 2,000 shares of the business’s stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $253.85, for a total transaction of $507,700.00. Following the completion of the sale, the director now directly owns 15,151 shares of the company’s stock, valued at approximately $3,846,081.35. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.85% of the stock is currently owned by insiders.
Primerica Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Thursday, November 21st will be issued a dividend of $0.90 per share. The ex-dividend date is Thursday, November 21st. This represents a $3.60 annualized dividend and a yield of 1.20%. Primerica’s payout ratio is 27.50%.
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.
Featured Stories
- Five stocks we like better than Primerica
- Comparing and Trading High PE Ratio Stocks
- 2 Chip Stocks Benefitting from OpenAI’s Chip Strategy Expansion
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- Monday.com’s Manic Price Pullback Is a Signal to Buy
- How to Evaluate a Stock Before Buying
- 3 “Made in America” Stocks to Benefit From the Trump Presidency
Receive News & Ratings for Primerica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Primerica and related companies with MarketBeat.com's FREE daily email newsletter.