Professional
Added to YB: 2024-11-13
Pitch date: 2024-09-30
PRI [bullish]
Primerica, Inc.
+12.21%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Primerica, Inc., together with its subsidiaries, provides financial products and services to middle-income households in the United States and Canada.
Market Cap
$10.0B
Pitch Price
$264.53
Price Target
N/A
Dividend
1.20%
Sector
Insurance
Category
value
Baron FinTech Fund New Position: Primerica, Inc.
PRI: Middle-income financial services co. with 145k sales reps. 26.5% ROE (2x industry avg). Asset-light model, 80-90% risk reinsured. 12% 5yr EPS CAGR. Expect acceleration from sales force growth, higher fees, and 4-5% annual buybacks. Bought at 12x fwd earnings for double-digit EPS compounder.
Read full article (2 min)