PRIMERICA, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 213.5 USD | -2.35% |
|
-0.73% | +3.74% |
| Apr. 15 | Morgan Stanley Adjusts Primerica's Price Target to $250 From $245, Keeps Equalweight Rating | MT |
| Mar. 19 | Primerica Insider Sold Shares Worth $365,115, According to a Recent SEC Filing | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 5,400 | 5,264 | 6,053 | 5,233 | 7,209 | 7,407 | - | - |
| Enterprise Value (EV) 1 | 5,400 | 5,638 | 6,645 | 5,233 | 7,209 | 7,407 | 7,407 | 7,407 |
| P/E ratio | 15.1 x | 14 x | 16.3 x | 14.6 x | 12.9 x | 11.9 x | 10.8 x | 9.97 x |
| Yield | 1.04% | 1.25% | 1.23% | 1.55% | - | 1.4% | 1.57% | 1.75% |
| Capitalization / Revenue | 2.63 x | 2.37 x | 2.23 x | 1.92 x | 2.56 x | 2.47 x | 2.37 x | 2.26 x |
| EV / Revenue | 2.63 x | 2.37 x | 2.23 x | 1.92 x | 2.56 x | 2.47 x | 2.37 x | 2.26 x |
| EV / EBITDA | 7,486,196 x | - | - | - | - | - | - | - |
| EV / FCF | - | - | 9.57 x | - | - | 14.8 x | - | - |
| FCF Yield | - | - | 10.4% | - | - | 6.75% | - | - |
| Price to Book | 3.26 x | 2.87 x | 2.9 x | 3.03 x | - | 3.31 x | 2.97 x | 2.6 x |
| Nbr of stocks (in thousands) | 41,360 | 39,303 | 39,490 | 36,898 | 35,034 | 34,698 | - | - |
| Reference price 2 | 130.6 | 133.9 | 153.3 | 141.8 | 205.8 | 213.5 | 213.5 | 213.5 |
| Announcement Date | 2/11/20 | 2/9/21 | 2/14/22 | 2/23/23 | 2/13/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,053 | 2,218 | 2,710 | 2,720 | 2,816 | 2,999 | 3,131 | 3,273 |
| EBITDA | 721.3 | - | - | - | - | - | - | - |
| EBIT 1 | 505.9 | 535.6 | 636.6 | 594.2 | 784.6 | 819.8 | 865.6 | - |
| Operating Margin | 24.65% | 24.15% | 23.49% | 21.84% | 27.87% | 27.33% | 27.65% | - |
| Earnings before Tax (EBT) 1 | 477.1 | 506.7 | 511.2 | 493.7 | 751.7 | 804.7 | 850.4 | 884.5 |
| Net income 1 | 366.4 | 386.2 | 373.4 | 373 | 576.6 | 616.4 | 651.3 | 675.4 |
| Net margin | 17.85% | 17.41% | 13.78% | 13.71% | 20.48% | 20.55% | 20.81% | 20.64% |
| EPS 2 | 8.620 | 9.570 | 9.380 | 9.740 | 15.94 | 17.90 | 19.76 | 21.40 |
| Free Cash Flow 1 | - | - | 632.3 | - | - | 500 | - | - |
| FCF margin | - | - | 23.33% | - | - | 16.67% | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | 169.35% | - | - | 81.11% | - | - |
| Dividend per Share 2 | 1.360 | 1.670 | 1.880 | 2.200 | - | 2.997 | 3.360 | 3.725 |
| Announcement Date | 2/11/20 | 2/9/21 | 2/14/22 | 2/23/23 | 2/13/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 693.2 | 724.1 | 691.2 | 668.7 | 673.3 | 686.9 | 690 | 688.4 | 710.9 | 726.3 | 740.6 | 739.8 | 751.8 | 770 | 781.3 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | 164.3 | 159.5 | 116 | 150.8 | 155.5 | 171.9 | 174.8 | 196.8 | - | 201.6 | 189.4 | 208.4 | 213.6 | 208.4 | 201.8 |
| Operating Margin | 23.71% | 22.03% | 16.79% | 22.56% | 23.09% | 25.02% | 25.33% | 28.58% | - | 27.75% | 25.57% | 28.18% | 28.41% | 27.07% | 25.83% |
| Earnings before Tax (EBT) 1 | 147.1 | 66.3 | 103 | 137.3 | 85.9 | 167.5 | 163.1 | 188.9 | 198.8 | 197 | 188.3 | 201.7 | 206.2 | 208.7 | 195.6 |
| Net income 1 | 112.5 | 34.87 | 81.42 | 107.9 | 51.81 | 131.8 | 125.1 | 144.5 | 152.1 | 151.9 | 144.4 | 154.1 | 158 | 160 | 150.1 |
| Net margin | 16.22% | 4.82% | 11.78% | 16.14% | 7.69% | 19.19% | 18.13% | 20.99% | 21.39% | 20.92% | 19.49% | 20.83% | 21.01% | 20.77% | 19.21% |
| EPS 2 | 2.820 | 0.8700 | 2.060 | 2.790 | 1.370 | 3.540 | 3.380 | 3.970 | 4.230 | 4.300 | 4.124 | 4.452 | 4.616 | 4.718 | 4.517 |
| Dividend per Share 2 | 0.4700 | 0.4700 | 0.5500 | 0.5500 | 0.5500 | 0.5500 | 0.6500 | 0.6500 | 0.6500 | - | 0.7500 | 0.7500 | 0.7500 | 0.7500 | - |
| Announcement Date | 11/8/21 | 2/14/22 | 5/5/22 | 8/8/22 | 11/8/22 | 2/23/23 | 5/8/23 | 8/7/23 | 11/7/23 | 2/13/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | - | 374 | 592 | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | 632 | - | - | 500 | - | - |
| ROE (net income / shareholders' equity) | 23.5% | 22.5% | 23.6% | 19.6% | 28.4% | 28.5% | 28.4% | 27.3% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 40.10 | 46.70 | 52.90 | 46.70 | - | 64.40 | 72.00 | 82.00 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex | - | - | - | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - | - | - | - |
| Announcement Date | 2/11/20 | 2/9/21 | 2/14/22 | 2/23/23 | 2/13/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
213.5
USD
Average target price
255
USD
Spread / Average Target
+19.46%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +3.74% | 7.41B | |
| +3.05% | 95.15B | |
| +1.78% | 94.71B | |
| -20.65% | 77.24B | |
| +18.68% | 74.93B | |
| +6.69% | 30.04B | |
| +18.06% | 27.87B | |
| +4.32% | 26.97B | |
| -1.21% | 16.99B | |
| -9.10% | 15.16B |
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- Financials Primerica, Inc.
