Primerica, Inc., together with its subsidiaries, provides financial products to middle income households in the United States and Canada. More Details
Average dividend payer and fair value.
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 is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: PRI's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: PRI exceeded the US Insurance industry which returned -3.4% over the past year.
Return vs Market: PRI underperformed the US Market which returned 22.7% over the past year.
Long-Term 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
2 weeks ago | Simply Wall StThere's A Lot To Like About Primerica's (NYSE:PRI) Upcoming US$0.40 Dividend
3 weeks ago | Simply Wall StPrimerica, Inc. Just Recorded A 18% EPS Beat: Here's What Analysts Are Forecasting Next
4 weeks ago | Simply Wall StIs Primerica, Inc.'s (NYSE:PRI) ROE Of 22% Impressive?
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 ($133.78) is trading below our estimate of fair value ($192.38)
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 (14.4x) compared to the US Insurance industry average (14.2x).
PE vs Market: PRI is good value based on its PE Ratio (14.4x) compared to the US market (19.4x).
Price to Earnings Growth Ratio
PEG Ratio: PRI is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: PRI is overvalued based on its PB Ratio (3.1x) compared to the US Insurance industry average (0.9x).
How is Primerica forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PRI's forecast earnings growth (8.9% per year) is above the savings rate (2.2%).
Earnings vs Market: PRI's earnings (8.9% per year) are forecast to grow slower than the US market (21.8% per year).
High Growth Earnings: PRI's earnings are forecast to grow, but not significantly.
Revenue vs Market: PRI's revenue (7% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: PRI's revenue (7% 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 (23.5%)
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 (17.1%) are lower than last year (17.4%).
Past Earnings Growth Analysis
Earnings Trend: PRI's earnings have grown by 15.2% per year over the past 5 years.
Accelerating Growth: PRI's earnings growth over the past year (5.7%) is below its 5-year average (15.2% per year).
Earnings vs Industry: PRI earnings growth over the past year (5.7%) underperformed the Insurance industry 6%.
Return on Equity
High ROE: Whilst PRI's Return on Equity (22.07%) is high, this metric is skewed due to their high level of debt.
How is Primerica's financial position?
Financial Position Analysis
Short Term Liabilities: PRI's short term assets ($5.0B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: PRI's short term assets ($5.0B) do not cover its long term liabilities ($11.4B).
Debt to Equity History and Analysis
Debt Level: PRI's debt to equity ratio (101.1%) is considered high.
Reducing Debt: PRI's debt to equity ratio has increased from 71% to 101.1% over the past 5 years.
Debt Coverage: PRI's debt is well covered by operating cash flow (32.7%).
Interest Coverage: PRI's interest payments on its debt are well covered by EBIT (6.9x coverage).
What is Primerica current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PRI's dividend (1.2%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.48%).
High Dividend: PRI's dividend (1.2%) is low compared to the top 25% of dividend payers in the US market (4.14%).
Stability and Growth of Payments
Stable Dividend: PRI's dividends per share have been stable in the past 10 years.
Growing Dividend: PRI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (17.2%), PRI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PRI's dividends in 3 years are forecast to be well covered by earnings (16% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Glenn Williams (61 yo)
Mr. Glenn Jackson Williams has been the Chief Executive Officer of Primerica, Inc. since April 2015 and also serves as its Director. Mr. Williams served as the President of Primerica, Inc. from 2005 to Apr...
CEO Compensation Analysis
Compensation vs Market: Glenn's total compensation ($USD5.28M) is about average for companies of similar size in the US market ($USD6.94M).
Compensation vs Earnings: Glenn's compensation has been consistent with company performance over the past year.
|CEO & Director||5.67yrs||US$5.28m||0.17% |
|Executive VP & CFO||20.92yrs||US$2.10m||0.038% |
|Executive VP & COO||11yrs||US$2.11m||0.035% |
|Co-Head of Business Technology||3yrs||US$1.88m||0.046% |
|Executive VP & Chief Business Technology Officer||10.67yrs||no data||no data|
|Executive VP & Chief Administrative Officer||0.17yr||no data||no data|
|Senior Vice President of Investor Relations||2yrs||no data||no data|
|Executive VP and Chief Compliance & Risk Officer||6.83yrs||no data||no data|
|Executive VP & General Counsel||1.58yrs||no data||no data|
|Executive VP & Chief Marketing Officer||2.5yrs||no data||no data|
|Executive VP & Head of Corporate Development and Strategic Planning||no data||no data||no data|
Experienced Management: PRI's management team is seasoned and experienced (5.7 years average tenure).
|CEO & Director||5.67yrs||US$5.28m||0.17% |
|Independent Director||7.42yrs||US$255.80k||0.043% |
|Independent Director||1.17yrs||US$112.55k||0.0049% |
|Independent Director||6.92yrs||US$240.80k||0.031% |
|Independent Director||10yrs||US$235.80k||0.036% |
|Lead Independent Director||6.83yrs||US$270.80k||0.0053% |
|Independent Director||9.33yrs||US$230.80k||0.017% |
|Independent Director||6.58yrs||US$230.80k||0.017% |
|Non-Executive Chairman of the Board||11.17yrs||US$320.80k||0.071% |
Experienced Board: PRI's board of directors are considered experienced (6.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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$5.258b
- Shares outstanding: 39.30m
- 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; Invest...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/02 23:35|
|End of Day Share Price||2020/12/02 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.