Primerica, Inc., together with its subsidiaries, provides financial products to middle income households in the United States and Canada.
No risks detected for PRI from our risk checks.
Proven track record average dividend payer.
Share Price & News
How has Primerica's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: PRI has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: PRI underperformed the US Insurance industry which returned 17.1% over the past year.
Return vs Market: PRI underperformed the US Market which returned 19.3% over the past year.
Price Volatility Vs. Market
How volatile is Primerica's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StPrimerica, Inc. (NYSE:PRI) Passed Our Checks, And It's About To Pay A US$0.40 Dividend
2 weeks ago | Simply Wall StCan Primerica, Inc.'s (NYSE:PRI) ROE Continue To Surpass The Industry Average?
4 weeks ago | Simply Wall StPrimerica, Inc.'s (NYSE:PRI) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Is Primerica undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: PRI ($136.4) is trading below our estimate of fair value ($207.42)
Significantly Below Fair Value: PRI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: PRI is poor value based on its PE Ratio (15.8x) compared to the Insurance industry average (13.7x).
PE vs Market: PRI is good value based on its PE Ratio (15.8x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: PRI is poor value based on its PEG Ratio (2.7x)
Price to Book Ratio
PB vs Industry: PRI is overvalued based on its PB Ratio (3.4x) compared to the US Insurance industry average (1.1x).
How is Primerica forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PRI's forecast earnings growth (5.9% per year) is above the savings rate (1.7%).
Earnings vs Market: PRI's earnings (5.9% per year) are forecast to grow slower than the US market (14.2% per year).
High Growth Earnings: PRI's earnings are forecast to grow, but not significantly.
Revenue vs Market: PRI's revenue (5.5% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: PRI's revenue (5.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PRI's Return on Equity is forecast to be high in 3 years time (23.1%)
How has Primerica performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PRI has high quality earnings.
Growing Profit Margin: PRI's current net profit margins (17.4%) are higher than last year (16.6%).
Past Earnings Growth Analysis
Earnings Trend: PRI's earnings have grown by 17.9% per year over the past 5 years.
Accelerating Growth: PRI's earnings growth over the past year (13.2%) is below its 5-year average (17.9% per year).
Earnings vs Industry: PRI earnings growth over the past year (13.2%) underperformed the Insurance industry 28.7%.
Return on Equity
High ROE: PRI's Return on Equity (22.2%) is considered high.
Return on Assets
Return on Capital Employed
How is Primerica's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: PRI has a low level of unsold assets or inventory.
Debt Coverage by Assets: PRI's debt is covered by short term assets (assets are 3x debt).
Financial Institutions Analysis
Asset Level: PRI's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if PRI has a sufficient allowance for bad loans.
Low Risk Liabilities: PRI reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if PRI has an acceptable proportion of non-loan assets held.
Low Risk Deposits: PRI has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if PRI has an appropriate level of bad loans.
What is Primerica's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PRI's dividend (1.17%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: PRI's dividend (1.17%) is low compared to the top 25% of dividend payers in the US market (3.71%).
Stability and Growth of Payments
Stable Dividend: PRI's dividends per share have been stable in the past 10 years.
Growing Dividend: PRI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (16.4%), PRI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PRI's dividends in 3 years are forecast to be well covered by earnings (16.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Glenn Williams (60yo)
Mr. Glenn Jackson Williams has been the Chief Executive Officer of Primerica, Inc. since April 2015 and also serves as its Director. Mr. Williams served as the President of Primerica, Inc. from 2005 to Apr ...
CEO Compensation Analysis
Compensation vs Market: Glenn's total compensation ($USD5.15M) is about average for companies of similar size in the US market ($USD6.36M).
Compensation vs Earnings: Glenn's compensation has been consistent with company performance over the past year.
|CEO & Director||4.8yrs||US$5.15m||0.16% $9.1m|
|Executive VP & CFO||20.1yrs||US$2.06m||0.033% $1.9m|
|Executive VP & COO||10.2yrs||US$1.97m||0.031% $1.7m|
|Co-Head of Business Technology||2.2yrs||US$1.31m||0.033% $1.9m|
|Executive VP & Chief Business Technology Officer||9.8yrs||no data||no data|
|Senior Vice President of Investor Relations||1.2yrs||no data||no data|
|Executive VP and Chief Compliance & Risk Officer||6yrs||no data||no data|
|Executive VP & General Counsel||1.1yrs||no data||no data|
|Executive VP & Chief Marketing Officer||1.7yrs||no data||no data|
Experienced Management: PRI's management team is considered experienced (4.8 years average tenure).
|CEO & Director||4.8yrs||US$5.15m||0.16% $9.1m|
|Independent Director||6.6yrs||US$201.93k||0.037% $2.1m|
|Independent Director||6.1yrs||US$195.59k||0.026% $1.5m|
|Independent Director||9.2yrs||US$190.59k||0.031% $1.8m|
|Lead Director||6yrs||US$225.59k||0.0037% $205.7k|
|Independent Director||8.5yrs||US$185.59k||0.013% $735.2k|
|Independent Director||5.8yrs||US$185.59k||0.013% $738.5k|
|Non-Executive Chairman of the Board||10.3yrs||US$275.59k||0.069% $3.9m|
|Independent Director||2.7yrs||US$103.95k||0.013% $754.8k|
Experienced Board: PRI's board of directors are considered experienced (6.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PRI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Primerica, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Primerica, Inc.
- Ticker: PRI
- Exchange: NYSE
- Founded: 1927
- Industry: Life and Health Insurance
- Sector: Insurance
- Market Cap: US$5.621b
- Shares outstanding: 41.21m
- Website: https://www.primerica.com
Number of Employees
- Primerica, Inc.
- 1 Primerica Parkway
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|PRI||NYSE (New York Stock Exchange)||Yes||Voting Common Stock||US||USD||Apr 2010|
|PI7||DB (Deutsche Boerse AG)||Yes||Voting Common Stock||DE||EUR||Apr 2010|
Primerica, Inc., together with its subsidiaries, provides financial products to middle income households in the United States and Canada. The company operates in three segments: Term Life Insurance; Investment and Savings Products; and Corporate and Other Distributed Products. It underwrites individual term life insurance products. The company also provides mutual funds and various retirement plans, managed investments, variable and fixed annuities, fixed indexed annuities, and segregated funds. In addition, it offers auto and homeowners' insurance, home automation solutions, and mortgage loan referrals; ID theft defense services; and insurance products, including supplemental medical and dental, accidental death, and disability for small businesses. Further, the company provides prepaid legal services that assist subscribers with legal matters, such as drafting wills, living wills and powers of attorney, trial defense, and motor vehicle-related matters. The company distributes and sells its products through licensed sales representatives. Primerica, Inc. was founded in 1927 and is headquartered in Duluth, Georgia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/21 01:05|
|End of Day Share Price||2020/02/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.