Definitive Analysis
Definitive Analysis

Financial Statements

Fundamentals

Valuations

Miscellaneous

Analysis Mode

Search

Primerica, Inc. (PRI)

Company Dividend Discount ModelIndustry: Insurance - LifeSector: Financial Services

Valuation Snapshot

Stable Growth$509.21 - $1,350.80$778.64
Multi-Stage$346.17 - $378.35$361.97
Blended Fair Value$570.30
Current Price$277.59
Upside105.45%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS14.38%15.58%3.402.822.522.251.941.731.331.081.000.99
YoY Growth--20.38%11.85%12.26%15.99%11.65%30.56%23.22%7.35%1.71%23.74%
Dividend Yield--1.19%1.12%1.46%1.64%1.31%1.96%1.06%1.12%1.22%2.22%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)721.26
(-) Cash Dividends Paid (M)132.97
(=) Cash Retained (M)588.29
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)144.2590.1654.09
Cash Retained (M)588.29588.29588.29
(-) Cash Required (M)-144.25-90.16-54.09
(=) Excess Retained (M)444.04498.13534.19
(/) Shares Outstanding (M)33.2333.2333.23
(=) Excess Retained per Share13.3614.9916.08
LTM Dividend per Share4.004.004.00
(+) Excess Retained per Share13.3614.9916.08
(=) Adjusted Dividend17.3718.9920.08
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate5.50%6.50%7.50%
Fair Value$509.21$778.64$1,350.80
Upside / Downside83.44%180.50%386.62%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)721.26768.14818.07871.24927.88988.191,017.83
Payout Ratio18.44%32.75%47.06%61.37%75.69%90.00%92.50%
Projected Dividends (M)132.97251.56385.00534.72702.28889.37941.50

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.10%9.10%9.10%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)228.41230.58232.74
Year 2 PV (M)317.42323.46329.57
Year 3 PV (M)400.30411.79423.50
Year 4 PV (M)477.37495.73514.61
Year 5 PV (M)548.92575.44602.97
PV of Terminal Value (M)9,529.309,989.5710,467.46
Equity Value (M)11,501.7312,026.5712,570.84
Shares Outstanding (M)33.2333.2333.23
Fair Value$346.17$361.97$378.35
Upside / Downside24.71%30.40%36.30%

High-Yield Dividend Screener

« Prev Page 24 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
NDA-FI.HENordea Bank Abp5.73%$0.9467.38%
RBF.BKR&B Food Supply Public Company Limited5.73%$0.1781.37%
1882.HKHaitian International Holdings Limited5.72%$1.2733.58%
3339.HKLonking Holdings Limited5.72%$0.1736.46%
4126.TWOPacific Hospital Supply Co., Ltd5.72%$4.8486.09%
SLFSun Life Financial Inc.5.72%$3.6065.58%
0QKD.LForbo Holding AG5.71%$50.0340.66%
IPE.WAIPOPEMA Securities S.A.5.71%$0.2368.17%
SNOR.OLSpareBank 1 Nordmøre5.71%$10.0420.14%
3705.TWYungShin Global Holding Corporation5.70%$3.2590.33%
MST.BKMaybank Securities (Thailand) Public Company Limited5.70%$0.3875.36%
3462.TNomura Real Estate Master Fund, Inc.5.69%$9,849.8672.94%
CHILE.SNBanco de Chile5.69%$9.8578.63%
RSUL4.SAMetalúrgica Riosulense S.A.5.69%$3.9836.85%
600007.SSChina World Trade Center Co., Ltd.5.68%$1.1395.72%
AURG.OLAurskog Sparebank5.68%$15.0028.30%
BPO-PT.TOBrookfield Office Properties Inc5.68%$1.1634.59%
KTY.WAGrupa Kety S.A.5.68%$52.8592.39%
PREB.BKPre-Built Public Company Limited5.68%$0.2076.14%
3213.TWOMildef Crete Inc.5.67%$5.9677.23%
NAB.AXNational Australia Bank Limited5.67%$2.4066.40%
3282.TComforia Residential REIT, Inc5.66%$18,861.6284.64%
DTEL.BRDeutsche Telekom AG5.66%$1.1349.89%
HELG.OLSpareBank 1 Helgeland5.66%$10.3551.40%
SITHAI.BKSrithai Superware Public Company Limited5.66%$0.0697.25%
002884.SZGuangdong Lingxiao Pump Industry Co.,Ltd.5.65%$1.0077.13%
1535.TWChina Ecotek Corporation5.65%$2.9975.30%
8960.TUnited Urban Investment Corporation5.65%$10,346.6368.81%
SIILI.HESiili Solutions Oyj5.65%$0.2640.06%
AVEN.STAvensia AB (publ)5.64%$0.5078.26%
RPH.BKRatchaphruek Hospital Public Company Limited5.64%$0.2885.55%
1702.HKDongguang Chemical Limited5.63%$0.1123.80%
601033.SSGrandtop Yongxing Group Co., Ltd.5.63%$0.8583.54%
601398.SSIndustrial & Commercial Bank of China Ltd.5.63%$0.4543.37%
JDF.BKJD Food Public Company Limited5.63%$0.0852.54%
024110.KSIndustrial Bank of Korea5.62%$1,165.3436.50%
DHBK.QADoha Bank Q.P.S.C.5.62%$0.1655.17%
0667.HKChina East Education Holdings Limited5.61%$0.3885.28%
0807.HKSIIC Environment Holdings Ltd.5.61%$0.0625.08%
EKH.BKEkachai Medical Care Public Company Limited5.61%$0.2891.43%
HIFA-B.STHifab Group AB (publ.)5.61%$0.1742.74%
KCAR.BKKrungthai Car Rent and Lease Public Company Limited5.61%$0.3043.66%
000987.SZGuangzhou Yuexiu Financial Holdings Group Co., Ltd.5.60%$0.4663.54%
0VCO.LPeyto Exploration & Development Corp.5.60%$1.2970.79%
1537.TWKung Long Batteries Industrial Co.,Ltd5.60%$7.0072.79%
DVR.AXDiverger Limited5.60%$0.0769.90%
SECURE.BKnForce Secure Public Company Limited5.60%$0.7053.33%
029960.KQKorea Environment Technology Co., Ltd.5.59%$499.3892.03%
2057.HKZTO Express (Cayman) Inc.5.59%$9.3186.81%
3468.TStar Asia Investment Corporation5.59%$3,448.1578.34%