Primerica Stock Intrinsic Value – Primerica Strengthens Board of Directors with GE Executive Darryl Wilson’s Election
December 9, 2023
☀️Trending News
Primerica ($NYSE:PRI), Inc. has recently elected Darryl Wilson, a Former Executive from GE, to its Board of Directors. Primerica offers a variety of life insurance, investments, and other financial products and services across North America and in the U.S. Virgin Islands. As Primerica’s most recent Board member, Wilson brings a wealth of experience and knowledge to the organization.
The addition of Wilson to Primerica’s Board of Directors is sure to bring a wealth of expertise to the organization. His deep experience and knowledge in the financial services industry will help strengthen Primerica’s offerings and further its mission to help families achieve financial freedom.
Price History
On Thursday, Primerica, one of the largest financial services marketing companies in North America, announced the strengthening of its Board of Directors with the election of GE executive Darryl Wilson. Primerica stock opened on Thursday at 212.0 and closed at 208.2, down 1.8% compared to the last closing price. Wilson brings a wealth of experience from his long tenure at GE, where he served as a senior executive in multiple subsidiaries and departments. His experience in finance, operations, and global business will be invaluable to the Primerica Board of Directors as the company looks to continue to grow and strengthen its presence in the financial services industry.
The election of Wilson is a clear sign that Primerica is committed to strengthening its board of directors with experienced industry professionals who can provide insights to help drive the company’s performance and long-term success. It’s a move that should be welcomed by shareholders who are looking for a reliable return on their investments. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Primerica. More…
| Total Revenues | Net Income | Net Margin |
| 2.78k | 470.25 | 17.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Primerica. More…
| Operations | Investing | Financing |
| 657.85 | -191.06 | -436.35 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Primerica. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 14.43k | 12.12k | 66.01 |
Key Ratios Snapshot
Some of the financial key ratios for Primerica are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 8.9% | – | 23.1% |
| FCF Margin | ROE | ROA |
| 23.1% | 18.5% | 2.8% |
Analysis – Primerica Stock Intrinsic Value
At GoodWhale, we have conducted an analysis of PRIMERICA‘s wellbeing. Through our proprietary Valuation Line, we calculated an intrinsic value of PRIMERICA share to be around $176.2. Currently, PRIMERICA stock is traded at $208.2, a price which is fair but slightly overvalued by 18.1%. We believe this presents an opportunity for investors to maximize their returns on their investments in the company. More…
Peers
The company provides a variety of products and services, including life insurance, investment products, and credit protection products. Primerica Inc. is headquartered in Duluth, Georgia. The company’s competitors include Genworth Financial Inc, Great Eastern Holdings Ltd, and T&D Holdings Inc.
– Genworth Financial Inc ($NYSE:GNW)
Genworth Financial Inc is a global financial services company with operations in the United States, Canada, Australia, and Europe. The company has a market capitalization of $2.28 billion as of 2022 and a return on equity of 6.09%. The company offers a range of financial products and services, including life insurance, long-term care insurance, mortgage insurance, and annuities. Genworth Financial Inc is headquartered in Richmond, Virginia.
– Great Eastern Holdings Ltd ($SGX:G07)
Great Eastern Holdings Ltd is a leading insurance company in Asia. The company has a market cap of 8.59B as of 2022 and a Return on Equity of 7.45%. Great Eastern Holdings Ltd offers a wide range of insurance products and services, including life, health, and general insurance. The company has a strong presence in Singapore, Malaysia, Indonesia, and Hong Kong.
– T&D Holdings Inc ($TSE:8795)
T&D Holdings Inc is a Japanese company that provides life insurance and annuity products. As of 2022, the company had a market capitalization of 838.76 billion yen and a return on equity of -0.05%. The company’s products are available through a network of agents and brokers in Japan.
Summary
Primerica, a leading distributor of financial products and services, has elected Darryl Wilson as its newest board member. With his addition, Primerica now has a strategically diverse board that has the knowledge and expertise to strengthen the company’s commitment to providing quality financial services and products to its customers. Primerica’s portfolio of services includes investments, term life insurance, mutual funds, annuities, and other related products. The company also offers comprehensive financial planning and resources to help customers navigate their financial future.
By providing investment analysis and advice, Primerica can help its customers make educated decisions about their investments. With Wilson’s extensive experience in financial services, Primerica is well-positioned to continue its tradition of excellence in investing analysis and customer service.
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