Citigroup (NYSE:C) analyst Suneet Kamath maintained a Sell rating on Primerica (NYSE:PRI) on Monday, setting a price target of $144, which is approximately 0.40% below the present share price of $144.58.
Kamath expects Primerica to post earnings per share (EPS) of $2.47 for the second quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in Primerica, with an average price target of $175.25.
The analysts price targets range from a high of $199 to a low of $144.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $652.86 million and a net profit of $0. The company's market cap is $5.7 billion.
According to TipRanks.com, Citigroup analyst Suneet Kamath is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 6.5% and a 61.54% success rate.
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, 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 involves retail and managed mutual funds and annuities, and segregated funds. The Corporate and Other Distributed Products segment comprises the revenues and expenses related to discontinued lines of insurance. The company was founded by Arthur L. Williams (NYSE:WMB), Jr. and Angela Williams on February 10, 1977 and is headquartered in Dublin, GA.