DOWLING & PARTN Expects Increased Earnings for Primerica

Primerica, Inc. (NYSE:PRI) – Equities research analysts at DOWLING & PARTN increased their FY2026 earnings estimates for Primerica in a report released on Friday, August 14th. DOWLING & PARTN analyst J. Hurwitz now expects that the financial services provider will post earnings per share of $25.30 for the year, up from their previous forecast of $24.80. The consensus estimate for Primerica’s current full-year earnings is $24.85 per share. DOWLING & PARTN also issued estimates for Primerica’s FY2027 earnings at $27.20 EPS.

Primerica (NYSE:PRI) last issued its quarterly earnings data on Wednesday, August 5th. The financial services provider reported $6.41 EPS for the quarter, topping analysts’ consensus estimates of $6.03 by $0.38. The company had revenue of $865.07 million during the quarter, compared to the consensus estimate of $881.00 million. Primerica had a net margin of 23.20% and a return on equity of 32.45%. Primerica’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $5.46 earnings per share.

Several other research analysts have also commented on PRI. Keefe, Bruyette & Woods boosted their price target on Primerica from $323.00 to $335.00 and gave the stock a “market perform” rating in a research report on Tuesday, August 11th. TD Cowen raised their price objective on Primerica from $322.00 to $360.00 and gave the company a “buy” rating in a research report on Wednesday, July 22nd. Jefferies Financial Group lifted their target price on Primerica from $266.00 to $268.00 and gave the company a “hold” rating in a research note on Friday, July 10th. Morgan Stanley boosted their target price on shares of Primerica from $280.00 to $291.00 and gave the stock an “equal weight” rating in a report on Thursday, May 21st. Finally, Weiss Ratings lowered shares of Primerica from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, August 11th. Three analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Primerica presently has a consensus rating of “Hold” and an average price target of $310.67.

Primerica Trading Down 1.3%

Shares of NYSE PRI opened at $309.48 on Tuesday. The stock has a market capitalization of $9.53 billion, a PE ratio of 12.43 and a beta of 0.87. The stock’s fifty day simple moving average is $301.50 and its two-hundred day simple moving average is $277.05. Primerica has a 12-month low of $230.09 and a 12-month high of $327.28.

Institutional Investors Weigh In On Primerica

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PRI. M&T Bank Corp raised its position in shares of Primerica by 1,155.8% in the 4th quarter. M&T Bank Corp now owns 32,137 shares of the financial services provider’s stock valued at $8,303,000 after purchasing an additional 29,578 shares during the last quarter. Arbejdsmarkedets Tillaegspension purchased a new stake in Primerica during the 4th quarter worth approximately $23,767,000. Jefferies Financial Group Inc. purchased a new stake in Primerica during the 4th quarter worth approximately $2,289,000. Oxbow Advisors LLC acquired a new position in Primerica during the 4th quarter valued at approximately $3,170,000. Finally, Life Cycle Investment Partners Ltd acquired a new position in Primerica during the 4th quarter valued at approximately $40,714,000. 90.88% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Primerica

In other news, Director Amber Lynne Cottle sold 279 shares of the stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $313.63, for a total transaction of $87,502.77. Following the completion of the sale, the director owned 3,549 shares in the company, valued at approximately $1,113,072.87. This represents a 7.29% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Glenn J. Williams sold 1,500 shares of the firm’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $320.20, for a total value of $480,300.00. Following the completion of the sale, the chief executive officer directly owned 32,196 shares of the company’s stock, valued at $10,309,159.20. The trade was a 4.45% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 5,079 shares of company stock valued at $1,551,308. Corporate insiders own 0.63% of the company’s stock.

Primerica Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Stockholders of record on Friday, August 21st will be given a dividend of $1.20 per share. The ex-dividend date of this dividend is Friday, August 21st. This represents a $4.80 dividend on an annualized basis and a dividend yield of 1.6%. Primerica’s dividend payout ratio is presently 19.28%.

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.