Primerica FY2026 Earnings Forecast Lifted by DOWLING & PARTN

Primerica, Inc. (NYSE:PRI) – DOWLING & PARTN upped their FY2026 earnings per share (EPS) estimates for shares of Primerica in a research note issued on Tuesday, November 10th. DOWLING & PARTN analyst J. Hurwitz now expects that the financial services provider will post earnings per share of $25.65 for the year, up from their previous forecast of $25.30. The consensus estimate for Primerica’s current full-year earnings is $25.34 per share.

Primerica (NYSE:PRI) last released its earnings results on Wednesday, November 4th. The financial services provider reported $6.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.40 by $0.37. Primerica had a return on equity of 30.90% and a net margin of 22.86%. The business had revenue of $901.82 million for the quarter, compared to the consensus estimate of $901.00 million. During the same quarter in the previous year, the business earned $6.33 earnings per share.

Several other research analysts have also weighed in on the company. Morgan Stanley boosted their price target on Primerica from $291.00 to $316.00 and gave the stock an “equal weight” rating in a research report on Monday, August 24th. Weiss Ratings reiterated a “buy (b)” rating on shares of Primerica in a research note on Wednesday, November 4th. TD Cowen increased their price target on shares of Primerica from $322.00 to $360.00 and gave the company a “buy” rating in a research note on Wednesday, July 22nd. Truist Financial downgraded shares of Primerica from a “buy” rating to a “hold” rating and decreased their price objective for the company from $370.00 to $320.00 in a research report on Thursday, August 27th. Finally, Keefe, Bruyette & Woods decreased their price objective on shares of Primerica from $335.00 to $330.00 and set a “market perform” rating for the company in a research report on Friday, October 9th. Two research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $318.80.

Primerica Stock Performance

Shares of NYSE PRI opened at $292.88 on Friday. The stock has a 50 day moving average price of $283.64 and a 200 day moving average price of $279.84. Primerica has a 52 week low of $230.09 and a 52 week high of $327.28. The stock has a market capitalization of $8.89 billion, a PE ratio of 11.70 and a beta of 0.86.

Institutional Investors Weigh In On Primerica

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in shares of Primerica in the 2nd quarter valued at $848,161,000. Advisors Asset Management Inc. acquired a new position in shares of Primerica during the 3rd quarter worth $218,021,000. Bamco Inc. NY acquired a new position in shares of Primerica during the 2nd quarter worth $190,827,000. Dimensional Fund Advisors LP lifted its position in shares of Primerica by 1.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 650,578 shares of the financial services provider’s stock worth $162,950,000 after buying an additional 7,628 shares during the last quarter. Finally, First Trust Advisors LP lifted its position in shares of Primerica by 1.3% during the 3rd quarter. First Trust Advisors LP now owns 535,317 shares of the financial services provider’s stock worth $145,815,000 after buying an additional 6,654 shares during the last quarter. 90.88% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CEO Glenn Williams sold 1,500 shares of the company’s stock in a transaction dated Monday, November 9th. The shares were sold at an average price of $294.94, for a total value of $442,410.00. Following the transaction, the chief executive officer directly owned 25,221 shares in the company, valued at approximately $7,438,681.74. This represents a 5.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, President Peter Schneider sold 1,800 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $312.65, for a total transaction of $562,770.00. Following the transaction, the president directly owned 8,011 shares in the company, valued at $2,504,639.15. This represents a 18.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.63% of the company’s stock.

Primerica Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 14th. Investors of record on Friday, November 20th will be paid a $1.20 dividend. The ex-dividend date is Friday, November 20th. This represents a $4.80 annualized dividend and a yield of 1.6%. Primerica’s payout ratio is 18.96%.

Primerica Company Profile

Primerica, Inc. provides financial products and services to middle-income households in the United States and Canada. Its core business is term life insurance, which it distributes through a network of representatives who work directly with clients. Through its investment and savings businesses, Primerica offers products and services including mutual funds, annuities, managed investment accounts, and retirement planning solutions. It also connects clients with certain third-party providers of products such as auto and homeowners insurance.