DOWLING & PARTN Forecasts Higher Earnings for Primerica

Primerica, Inc. (NYSE:PRI) – DOWLING & PARTN raised their FY2026 earnings per share estimates for shares of Primerica in a note issued to investors on Friday, August 14th. DOWLING & PARTN analyst J. Hurwitz now forecasts that the financial services provider will earn $25.30 per share for the year, up from their previous estimate 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 results on Wednesday, August 5th. The financial services provider reported $6.41 earnings per share (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 return on equity of 32.45% and a net margin of 23.20%.Primerica’s revenue was up 9.0% on a year-over-year basis. During the same period last year, the company earned $5.46 earnings per share.

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

Primerica Stock Down 1.3%

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

Institutional Inflows and Outflows

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

Insider Buying and Selling at Primerica

In other news, President Peter W. Schneider sold 1,800 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The shares were 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 of the company’s stock, valued at approximately $2,504,639.15. This trade represents a 18.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Amber Lynne Cottle sold 279 shares of Primerica stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $313.63, for a total transaction of $87,502.77. Following the sale, the director directly owned 3,549 shares of the company’s stock, valued at $1,113,072.87. This represents a 7.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 5,079 shares of company stock valued at $1,551,308 in the last three months. Company insiders own 0.63% of the company’s stock.

Primerica Announces Dividend

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

About Primerica

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.