FY2026 EPS Estimates for Primerica Lifted by DOWLING & PARTN

Primerica, Inc. (NYSE:PRI) – DOWLING & PARTN boosted their FY2026 earnings per share estimates for shares of Primerica in a report released on Monday, July 13th. DOWLING & PARTN analyst J. Hurwitz now anticipates that the financial services provider will earn $24.80 per share for the year, up from their previous estimate of $24.60. The consensus estimate for Primerica’s current full-year earnings is $24.51 per share. DOWLING & PARTN also issued estimates for Primerica’s FY2027 earnings at $27.05 EPS and FY2028 earnings at $30.05 EPS.

Primerica (NYSE:PRI) last posted its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $5.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.45 by $0.51. Primerica had a net margin of 22.99% and a return on equity of 32.32%. The firm had revenue of $872.30 million for the quarter, compared to analysts’ expectations of $855.36 million. During the same period in the prior year, the company posted $5.02 earnings per share. The firm’s quarterly revenue was up 8.6% on a year-over-year basis.

A number of other equities research analysts have also issued reports on PRI. Weiss Ratings upgraded shares of Primerica from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, May 27th. Morgan Stanley boosted their price objective on Primerica from $280.00 to $291.00 and gave the company an “equal weight” rating in a report on Thursday, May 21st. Jefferies Financial Group upped their price objective on Primerica from $266.00 to $268.00 and gave the company a “hold” rating in a research note on Friday. Finally, Keefe, Bruyette & Woods lifted their target price on Primerica from $305.00 to $323.00 and gave the stock a “market perform” rating in a research report on Monday. Three equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $298.40.

Primerica Price Performance

Shares of PRI stock opened at $307.07 on Wednesday. The firm has a fifty day moving average of $280.67 and a two-hundred day moving average of $267.95. The firm has a market cap of $9.58 billion, a P/E ratio of 12.87 and a beta of 0.88. Primerica has a 1-year low of $230.09 and a 1-year high of $312.16.

Hedge Funds Weigh In On Primerica

Several institutional investors have recently modified their holdings of the company. Integrated Wealth Concepts LLC boosted its stake in Primerica by 20.6% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,142 shares of the financial services provider’s stock valued at $609,000 after purchasing an additional 366 shares during the period. Goldman Sachs Group Inc. grew its position in Primerica by 27.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 129,666 shares of the financial services provider’s stock worth $36,894,000 after purchasing an additional 28,129 shares during the last quarter. Empowered Funds LLC acquired a new stake in shares of Primerica in the first quarter valued at approximately $1,763,000. Focus Partners Wealth increased its stake in shares of Primerica by 17.5% in the first quarter. Focus Partners Wealth now owns 1,398 shares of the financial services provider’s stock valued at $398,000 after purchasing an additional 208 shares during the period. Finally, Geneos Wealth Management Inc. raised its holdings in shares of Primerica by 205.8% during the first quarter. Geneos Wealth Management Inc. now owns 263 shares of the financial services provider’s stock valued at $75,000 after buying an additional 177 shares during the last quarter. Institutional investors own 90.88% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Glenn J. Williams sold 1,500 shares of the company’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $280.49, for a total transaction of $420,735.00. Following the completion of the transaction, the chief executive officer directly owned 33,696 shares in the company, valued at $9,451,391.04. This represents a 4.26% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, President Peter W. Schneider sold 1,800 shares of the stock in a transaction 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 completion of the sale, the president directly owned 9,811 shares in the company, valued at $2,743,548.04. This represents a 15.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.63% of the stock is owned by corporate insiders.

Primerica Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Thursday, May 21st were paid a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Thursday, May 21st. 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.