Primerica, Inc. (PRI)

Primerica, Inc. engages in the provision of financial products to middle-income households. It operates through the following segments: Term Life Insurance, Investment and Savings Products, Senior Health, and Corporate and Other Distributed Products. The Term Life Insurance segment includes underwriting profits in the in-force book of term life insurance policies. The Investment and Savings Products segment is involved in managed mutual funds and annuities, and segregated funds. The Senior Health segment consists of the distribution of Medicare-related insurance products underwritten by third-party health insurance carriers to eligible Medicare participants through e-TeleQuote’s licensed health insurance agents. The Corporate and Other Distributed Products segment consists of revenues and expenses related to discontinued lines of insurance. The company was founded by Arthur L. Williams, Jr. and Angela Williams on February 10, 1977, and is headquartered in Duluth, GA.

Address

1 PRIMERICA PARKWAY
DULUTH, GA 30099

Founded

1977

Number of Employees

3,450

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
$154,422 $210,613 $159,862 $158,152 $218,275 $232,352 $237,135 $25,827 $361,389 $388,223 $259,283 $218,685
Average Price $48.81 $46.47 $49.35 $78.59 $103.07 $120.44 $106.09 $148.77 $130.02 $185.28 $230.28 $94.69
# Shares Purchased 3,163,917 4,532,218 3,239,254 2,012,246 2,117,828 1,929,226 2,235,323 173,597 2,779,581 2,095,336 1,125,941 2,309,497
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 420.4% 446.6% 414.7% 223.2% 146.4% 110.9% 139.4% 70.7% 95.4% 37.1% 10.3% 168.2%
S&P 500 Return to Date 181.9% 173.0% 168.6% 129.7% 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% 7.4% 94.0%
Excess Total Return 238.6% 273.6% 246.1% 93.5% 41.6% 17.8% 64.6% 39.1% 58.1% 5.8% 2.9% 74.3%
Quartile Rank
Percentile Rank 89% 92% 91% 85% 82% 77% 82% 84% 91% 76% 61% 91%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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