GL - Primerica: A Buying Opportunity On A Dividend Growth Play

2024-05-21 14:36:09 ET

Summary

• Primerica, Inc. shares faced pressure recently from a short report, which had also been hitting its peer Globe Life Inc.
• The latest decline in the share price once again pushed the shares to trade below their fair value range and provided an enticing opportunity.
• The company recently posted its Q1 results, and they've continued to see success across the board.

Written by Nick Ackerman.

Primerica, Inc. ( PRI ) recently posted its latest quarterly results. They missed the bottom-line expectations but beat the top line, with revenue climbing by 8%. Earnings still grew respectably from last year, as we saw a 14% increase. This is a mid-cap financial stock in the life and health insurance industry, with a growing investment and savings product offering....

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