NYSE:PRI Primerica (PRI) Stock Forecast, Price & News $200.00 +1.94 (+0.98%) (As of 09/25/2023 ET) Add Compare Share Share Today's Range$197.48▼$200.3650-Day Range$197.85▼$216.6752-Week Range$120.96▼$220.00Volume129,931 shsAverage Volume148,109 shsMarket Capitalization$7.15 billionP/E Ratio16.31Dividend Yield1.30%Price Target$216.20 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Primerica MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside8.1% Upside$216.20 Price TargetShort InterestHealthy1.14% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.71Upright™ Environmental ScoreNews Sentiment0.74Based on 5 Articles This WeekInsider TradingSelling Shares$2.17 M Sold Last QuarterProj. Earnings Growth11.13%From $15.63 to $17.37 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.62 out of 5 starsFinance Sector282nd out of 839 stocksLife Insurance Industry8th out of 21 stocks 1.3 Analyst's Opinion Consensus RatingPrimerica has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $216.20, Primerica has a forecasted upside of 8.1% from its current price of $200.00.Amount of Analyst CoveragePrimerica has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.14% of the float of Primerica has been sold short.Short Interest Ratio / Days to CoverPrimerica has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Primerica has recently decreased by 8.98%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldPrimerica pays a meaningful dividend of 1.31%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPrimerica has been increasing its dividend for 13 years.Dividend CoverageThe dividend payout ratio of Primerica is 21.21%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Primerica will have a dividend payout ratio of 14.97% next year. This indicates that Primerica will be able to sustain or increase its dividend. Previous Next 3.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePrimerica has received a 31.16% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Life insurance services for individuals", "Home insurance services for individuals", and "Home contents insurance services for individuals" products. See details.Environmental SustainabilityThe Environmental Impact score for Primerica is -0.71. Previous Next 2.6 News and Social Media Coverage News SentimentPrimerica has a news sentiment score of 0.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Primerica this week, compared to 4 articles on an average week.Search InterestOnly 1 people have searched for PRI on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat Follows7 people have added Primerica to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Primerica insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,165,665.00 in company stock.Percentage Held by InsidersOnly 0.87% of the stock of Primerica is held by insiders.Percentage Held by Institutions90.56% of the stock of Primerica is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Primerica are expected to grow by 11.13% in the coming year, from $15.63 to $17.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Primerica is 16.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.24.Price to Earnings Ratio vs. SectorThe P/E ratio of Primerica is 16.31, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 84.11.Price to Book Value per Share RatioPrimerica has a P/B Ratio of 4.29. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Primerica (NYSE:PRI) StockPrimerica, Inc., together with its subsidiaries, provides financial products to middle-income households in the United States and Canada. The company operates in four segments: Term Life Insurance; Investment and Savings Products; Senior Health; and Corporate and Other Distributed Products. The Term Life Insurance segment underwrites individual term life insurance products. The Investment and Savings Products segment provides mutual funds and various retirement plans, managed investments, variable and fixed annuities, and fixed indexed annuities. The Senior Health segment offers segregated funds; and medicare advantage and supplement products. The Corporate and Other Distributed Products segment provides mortgage loans; prepaid legal services that assist subscribers with legal matters, such as drafting wills, living wills and powers of attorney, trial defense, and motor vehicle-related matters; ID theft defense services; auto and homeowners' insurance; home automation solutions; and insurance products, including supplemental health and accidental death. It distributes and sells its products through licensed sales representatives. Primerica, Inc. was founded in 1927 and is headquartered in Duluth, Georgia.Read More PRI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PRI Stock News HeadlinesSeptember 24, 2023 | msn.comPrimerica And Comfort Systems USA: 2 Fast-Growing Dividends Worth Investors' AttentionSeptember 23, 2023 | finance.yahoo.comCan Primerica, Inc.'s (NYSE:PRI) ROE Continue To Surpass The Industry Average?September 25, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.September 21, 2023 | barrons.comS&P 500 Futures Drop in Premarket Trading; Broadcom, Reata Pharmaceuticals A LagSeptember 16, 2023 | americanbankingnews.comPrimerica (NYSE:PRI) PT Lowered to $197.00September 15, 2023 | finance.yahoo.comSuccessor named for longstanding Primerica CFOSeptember 15, 2023 | msn.comJefferies Maintains Primerica (PRI) Hold RecommendationSeptember 11, 2023 | benzinga.comPrimerica Empowers Investors with Solid Returns and Fueling Shareholder ValueSeptember 25, 2023 | Chaikin Analytics (Ad)Buy This Stock for AI Tidal Wave (not NVDA)The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.September 2, 2023 | msn.comThe middle class is getting its spending power back — but progress is 'fragile'September 2, 2023 | forbes.comAn Accidental Momentum Investor’s Market-Beating StrategyAugust 31, 2023 | gurufocus.comExecutive VP and CFO Alison Rand Sells 3,000 Shares of Primerica IncAugust 29, 2023 | benzinga.com$1000 Invested In This Stock 10 Years Ago Would Be Worth $5,400 TodayAugust 22, 2023 | msn.comPrimerica's CEO on measuring middle income purchasing power through the Household Budget IndexAugust 22, 2023 | businesswire.comPrimerica Releases Inaugural Household Budget Index™ (HBI™) to Illustrate Purchasing Power of Middle-Income FamiliesAugust 16, 2023 | finance.yahoo.comLincoln National (LNC) Adds Features to Variable Annuity SuiteAugust 15, 2023 | benzinga.comThursday Is Your Last Chance To Buy Primerica Before The Dividend PayoutAugust 11, 2023 | seekingalpha.comPrimerica, Inc. 2023 Q2 - Results - Earnings Call PresentationAugust 10, 2023 | finance.yahoo.comPrimerica (PRI) Stock Declines 1.1% Despite Q2 Earnings BeatAugust 9, 2023 | finance.yahoo.comQ2 2023 Primerica Inc Earnings CallAugust 8, 2023 | markets.businessinsider.comExpert Ratings for PrimericaAugust 8, 2023 | washingtonpost.comPrimerica: Q2 Earnings SnapshotAugust 8, 2023 | seekingalpha.comPrimerica Non-GAAP EPS of $3.99 beats by $0.18, revenue of $689.6M misses by $15.31MAugust 8, 2023 | markets.businessinsider.comPrimerica, Inc. Q2 Profit ClimbsAugust 8, 2023 | finance.yahoo.comPrimerica Reports Second Quarter 2023 ResultsAugust 8, 2023 | finance.yahoo.comPrimerica (PRI) Tops Q2 Earnings EstimatesAugust 8, 2023 | finance.yahoo.comPrimerica (PRI) Q2 Earnings: Taking a Look at Key Metrics Versus EstimatesSee More Headlines Receive PRI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Primerica and its competitors with MarketBeat's FREE daily newsletter. Email Address PRI Company Calendar Last Earnings8/07/2023Ex-Dividend for 9/11 Dividend8/18/2023Dividend Payable9/11/2023Today9/25/2023Next Earnings (Estimated)11/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Life insurance Sub-IndustryLife & Health Insurance SectorFinance Current SymbolNYSE:PRI CUSIP74164M10 CIK1475922 Webwww.primerica.com Phone(770) 381-1000FaxN/AEmployees2,381Year FoundedN/APrice Target and Rating Average Stock Price Forecast$216.20 High Stock Price Forecast$260.00 Low Stock Price Forecast$185.00 Forecasted Upside/Downside+8.2%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$12.26 Trailing P/E Ratio16.30 Forward P/E Ratio12.79 P/E GrowthN/ANet Income$373.01 million Net Margins16.55% Pretax Margin19.61% Return on Equity28.48% Return on Assets3.46% Debt Debt-to-Equity RatioN/A Current Ratio0.44 Quick Ratio0.44 Sales & Book Value Annual Sales$2.72 billion Price / Sales2.63 Cash Flow$24.52 per share Price / Cash Flow8.15 Book Value$46.65 per share Price / Book4.28Miscellaneous Outstanding Shares35,770,000Free Float35,456,000Market Cap$7.15 billion OptionableOptionable Beta1.18 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Glenn Jackson Williams (Age 64)CEO & Director Comp: $2.04MMr. Peter Wayne Schneider (Age 67)Pres Comp: $1.5MMs. Alison Sue Rand (Age 55)Exec. VP & CFO Comp: $1.08MMr. Gregory Carl Pitts (Age 60)Exec. VP & COO Comp: $1.09MMr. Michael Craig Adams (Age 66)Exec. VP & Chief Bus. Technology Officer Ms. Lisa Abraham Brown (Age 53)Exec. VP & Chief Admin. Officer Ms. Nicole RussellSr. VP of Investor RelationsMr. Jeffrey Scott Fendler (Age 66)Exec. VP and Chief Compliance & Risk Officer Mr. Brett Allan Rogers (Age 58)Exec. VP & Gen. Counsel Ms. Julie Anne Seman (Age 53)Exec. VP and Chief Marketing & Innovation Officer More ExecutivesKey CompetitorsLincoln NationalNYSE:LNCAmerican Equity Investment LifeNYSE:AELVoya FinancialNYSE:VOYAReinsurance Group of AmericaNYSE:RGAGlobe LifeNYSE:GLView All CompetitorsInsiders & InstitutionsBarclays PLCBought 23,956 shares on 9/21/2023Ownership: 0.120%Academy Capital Management Inc. TXSold 3,474 shares on 9/7/2023Ownership: 0.396%Alison S RandSold 3,000 sharesTotal: $606,780.00 ($202.26/share)Peter W SchneiderSold 3,500 sharesTotal: $705,005.00 ($201.43/share)Wolverine Trading LLCSold 1,400 shares on 8/23/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions PRI Stock - Frequently Asked Questions Should I buy or sell Primerica stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Primerica in the last year. There are currently 4 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PRI shares. View PRI analyst ratings or view top-rated stocks. What is Primerica's stock price forecast for 2023? 6 brokerages have issued 12-month target prices for Primerica's shares. Their PRI share price forecasts range from $185.00 to $260.00. On average, they predict the company's share price to reach $216.20 in the next twelve months. This suggests a possible upside of 8.2% from the stock's current price. View analysts price targets for PRI or view top-rated stocks among Wall Street analysts. How have PRI shares performed in 2023? Primerica's stock was trading at $141.82 at the beginning of 2023. Since then, PRI shares have increased by 40.9% and is now trading at $199.86. View the best growth stocks for 2023 here. When is Primerica's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023. View our PRI earnings forecast. How were Primerica's earnings last quarter? Primerica, Inc. (NYSE:PRI) issued its quarterly earnings results on Monday, August, 7th. The financial services provider reported $3.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.81 by $0.18. The financial services provider had revenue of $688.40 million for the quarter, compared to analyst estimates of $704.91 million. Primerica had a trailing twelve-month return on equity of 28.48% and a net margin of 16.55%. The company's quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.86 earnings per share. How often does Primerica pay dividends? What is the dividend yield for Primerica? Primerica announced a quarterly dividend on Monday, August 7th. Shareholders of record on Monday, August 21st will be paid a dividend of $0.65 per share on Monday, September 11th. This represents a $2.60 annualized dividend and a yield of 1.30%. The ex-dividend date is Friday, August 18th. Read our dividend analysis for PRI. What ETFs hold Primerica's stock? ETFs with the largest weight of Primerica (NYSE:PRI) stock in their portfolio include Guru Favorite Stocks ETF (GFGF), Harbor Dividend Growth Leaders ETF (GDIV), SPDR S&P Insurance ETF (KIE), Invesco Dorsey Wright Financial Momentum ETF (PFI), Running Oak Efficient Growth ETF (RUNN), Opus Small Cap Value Plus ETF (OSCV), Nuveen Small Cap Select ETF (NSCS) and iShares U.S. Insurance ETF (IAK). Is Primerica a good dividend stock? Primerica (NYSE:PRI) pays an annual dividend of $2.60 per share and currently has a dividend yield of 1.31%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 21.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PRI will have a dividend payout ratio of 14.97% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PRI. How will Primerica's stock buyback program work? Primerica declared that its board has approved a stock repurchase plan on Thursday, November 17th 2022, which allows the company to repurchase $375,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 7% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board believes its shares are undervalued. What is Glen Williams' approval rating as Primerica's CEO? 413 employees have rated Primerica Chief Executive Officer Glen Williams on Glassdoor.com. Glen Williams has an approval rating of 95% among the company's employees. This puts Glen Williams in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Primerica own? Based on aggregate information from My MarketBeat watchlists, some companies that other Primerica investors own include Tesla (TSLA), Alibaba Group (BABA), Gilead Sciences (GILD), QUALCOMM (QCOM), Cisco Systems (CSCO), General Electric (GE), Laredo Petroleum (LPI), Pfizer (PFE), Johnson & Johnson (JNJ) and NVIDIA (NVDA). What is Primerica's stock symbol? Primerica trades on the New York Stock Exchange (NYSE) under the ticker symbol "PRI." Who are Primerica's major shareholders? Primerica's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (10.61%), BlackRock Inc. (9.07%), Brave Warrior Advisors LLC (5.99%), Burgundy Asset Management Ltd. (3.59%), State Street Corp (2.96%) and Dimensional Fund Advisors LP (2.06%). Insiders that own company stock include Alison S Rand, Glenn J Williams, Gregory C Pitts, Joel M Babbit, John A Jr Addison, P George Benson, Peter W Schneider and Peter W Schneider. View institutional ownership trends. How do I buy shares of Primerica? Shares of PRI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Primerica's stock price today? One share of PRI stock can currently be purchased for approximately $199.86. How much money does Primerica make? Primerica (NYSE:PRI) has a market capitalization of $7.15 billion and generates $2.72 billion in revenue each year. The financial services provider earns $373.01 million in net income (profit) each year or $12.26 on an earnings per share basis. How many employees does Primerica have? The company employs 2,381 workers across the globe. How can I contact Primerica? Primerica's mailing address is 1 PRIMERICA PARKWAY, DULUTH GA, 30099. The official website for the company is www.primerica.com. The financial services provider can be reached via phone at (770) 381-1000 or via email at investorrelations@primerica.com. This page (NYSE:PRI) was last updated on 9/25/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Primerica, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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