
Primerica, Inc. (NYSE:PRI – Free Report) – DOWLING & PARTN issued their FY2026 earnings per share (EPS) estimates for shares of Primerica in a report issued on Wednesday, May 20th. DOWLING & PARTN analyst J. Hurwitz forecasts that the financial services provider will post earnings of $24.60 per share for the year. The consensus estimate for Primerica’s current full-year earnings is $24.42 per share. DOWLING & PARTN also issued estimates for Primerica’s FY2027 earnings at $26.85 EPS and FY2028 earnings at $29.90 EPS.
Several other equities research analysts have also commented on PRI. Keefe, Bruyette & Woods upped their target price on Primerica from $290.00 to $305.00 and gave the company a “market perform” rating in a research report on Wednesday, May 13th. Morgan Stanley upped their target price on Primerica from $280.00 to $291.00 and gave the company an “equal weight” rating in a research report on Thursday, May 21st. Zacks Research lowered Primerica from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 24th. TD Cowen restated a “buy” rating on shares of Primerica in a research report on Wednesday, January 28th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Primerica in a research report on Wednesday, May 6th. Three research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $297.80.
Primerica Price Performance
Shares of Primerica stock opened at $271.65 on Thursday. Primerica has a one year low of $230.09 and a one year high of $288.03. The stock’s 50-day moving average is $267.33 and its 200 day moving average is $261.73. The firm has a market cap of $8.47 billion, a price-to-earnings ratio of 11.39 and a beta of 0.91.
Primerica (NYSE:PRI – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $5.96 EPS for the quarter, beating analysts’ consensus estimates of $5.45 by $0.51. Primerica had a return on equity of 32.32% and a net margin of 22.99%.The firm had revenue of $872.30 million for the quarter, compared to analyst estimates of $855.36 million. During the same quarter in the previous year, the company posted $5.02 EPS. The business’s revenue was up 8.6% on a year-over-year basis.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Root Financial Partners LLC bought a new position in Primerica in the third quarter worth approximately $27,000. Smartleaf Asset Management LLC boosted its holdings in Primerica by 186.5% in the third quarter. Smartleaf Asset Management LLC now owns 106 shares of the financial services provider’s stock worth $29,000 after acquiring an additional 69 shares in the last quarter. V Square Quantitative Management LLC bought a new position in Primerica in the fourth quarter worth approximately $30,000. SJS Investment Consulting Inc. boosted its holdings in Primerica by 176.2% in the first quarter. SJS Investment Consulting Inc. now owns 116 shares of the financial services provider’s stock worth $29,000 after acquiring an additional 74 shares in the last quarter. Finally, Torren Management LLC bought a new position in Primerica in the fourth quarter worth approximately $50,000. Institutional investors own 90.88% of the company’s stock.
Insider Transactions at Primerica
In other Primerica news, President Peter W. Schneider sold 1,800 shares of the stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $279.64, for a total value of $503,352.00. Following the transaction, the president owned 9,811 shares in the company, valued at approximately $2,743,548.04. This represents a 15.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.63% of the company’s stock.
Primerica Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Thursday, May 21st will be issued a $1.20 dividend. The ex-dividend date is Thursday, May 21st. This represents a $4.80 annualized dividend and a yield of 1.8%. Primerica’s dividend payout ratio is presently 20.13%.
Primerica Company Profile
Primerica, Inc is a financial services company that focuses on delivering term life insurance and investment products to middle-income households in the United States and Canada. The firm operates a network of independent, licensed representatives who provide personalized guidance on coverage needs, retirement planning, and wealth accumulation. Primerica’s core mission is to help clients obtain affordable life insurance protection while also offering a suite of savings and investment solutions designed for long-term financial security.
In addition to term life insurance, Primerica offers a range of financial products and services that include mutual funds, annuities, auto and home insurance through partner carriers, and personal lending solutions such as secured and unsecured loans.
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