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S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
NYSE:PRI

Primerica (PRI) Stock Price, News & Analysis

$211.64
-2.32 (-1.08%)
(As of 04/17/2024 ET)
Today's Range
$211.41
$215.85
50-Day Range
$213.04
$255.88
52-Week Range
$173.00
$256.56
Volume
260,689 shs
Average Volume
134,181 shs
Market Capitalization
$7.34 billion
P/E Ratio
13.33
Dividend Yield
1.42%
Price Target
$245.50

Primerica MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
16.0% Upside
$245.50 Price Target
Short Interest
Healthy
1.04% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.71
Upright™ Environmental Score
News Sentiment
0.75mentions of Primerica in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$1.65 M Sold Last Quarter
Proj. Earnings Growth
9.85%
From $17.76 to $19.51 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.75 out of 5 stars

Finance Sector

92nd out of 831 stocks

Life Insurance Industry

9th out of 19 stocks

PRI stock logo

About Primerica Stock (NYSE:PRI)

Primerica, Inc., together with its subsidiaries, provides financial products and services 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 plans. 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 and accidental death, and disability insurance. It distributes and sells its products through licensed sales representatives. Primerica, Inc. was founded in 1927 and is headquartered in Duluth, Georgia.

PRI Stock Price History

PRI Stock News Headlines

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Key Takeaways From Primerica Analyst Ratings
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Director Joel Babbit Sells Shares of Primerica Inc
RGA Feb 2024 170.000 call
PRI Jun 2024 210.000 call
Primerica Inc's Dividend Analysis
See More Headlines
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Company Calendar

Last Earnings
2/13/2024
Ex-Dividend for 3/12 Dividend
2/20/2024
Dividend Payable
3/12/2024
Today
4/17/2024
Next Earnings (Estimated)
5/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Life insurance
Sub-Industry
Life & Health Insurance
CUSIP
74164M10
Fax
N/A
Employees
3,450
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$245.50
High Stock Price Target
$275.00
Low Stock Price Target
$197.00
Potential Upside/Downside
+16.0%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$576.60 million
Pretax Margin
26.70%

Debt

Sales & Book Value

Annual Sales
$2.82 billion
Cash Flow
$25.17 per share
Book Value
$58.97 per share

Miscellaneous

Free Float
34,485,000
Market Cap
$7.34 billion
Optionable
Optionable
Beta
1.06
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Key Executives


PRI Stock Analysis - Frequently Asked Questions

Should I buy or sell Primerica stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Primerica in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" PRI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PRI, but not buy additional shares or sell existing shares.
View PRI analyst ratings
or view top-rated stocks.

What is Primerica's stock price target for 2024?

5 equities research analysts have issued 1-year price objectives for Primerica's stock. Their PRI share price targets range from $197.00 to $275.00. On average, they anticipate the company's stock price to reach $245.50 in the next year. This suggests a possible upside of 16.0% 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 2024?

Primerica's stock was trading at $205.76 at the beginning of the year. Since then, PRI shares have increased by 2.9% and is now trading at $211.64.
View the best growth stocks for 2024 here
.

Are investors shorting Primerica?

Primerica saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 362,900 shares, an increase of 33.4% from the February 29th total of 272,000 shares. Based on an average daily trading volume, of 118,500 shares, the days-to-cover ratio is presently 3.1 days. Currently, 1.1% of the company's stock are short sold.
View Primerica's Short Interest
.

When is Primerica's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our PRI earnings forecast
.

How were Primerica's earnings last quarter?

Primerica, Inc. (NYSE:PRI) posted its earnings results on Tuesday, February, 13th. The financial services provider reported $4.25 EPS for the quarter, missing the consensus estimate of $4.27 by $0.02. The financial services provider had revenue of $726.34 million for the quarter, compared to analyst estimates of $723.64 million. Primerica had a trailing twelve-month return on equity of 27.83% and a net margin of 20.37%. The company's quarterly revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the business earned $3.49 EPS.

How often does Primerica pay dividends? What is the dividend yield for Primerica?

Primerica declared a quarterly dividend on Thursday, February 8th. Investors of record on Wednesday, February 21st will be paid a dividend of $0.75 per share on Tuesday, March 12th. This represents a $3.00 annualized dividend and a yield of 1.42%. The ex-dividend date is Tuesday, February 20th. This is an increase from the stock's previous quarterly dividend of $0.65.
Read our dividend analysis for PRI
.

Is Primerica a good dividend stock?

Primerica (NYSE:PRI) pays an annual dividend of $3.00 per share and currently has a dividend yield of 1.41%. The company has been increasing its dividend for 15 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 18.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PRI will have a dividend payout ratio of 15.38% 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 authorized a share buyback plan on Thursday, November 16th 2023, which permits the company to repurchase $425,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 5.8% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's leadership believes its stock is 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).

Who are Primerica's major shareholders?

Primerica's stock is owned by a variety of institutional and retail investors. Top institutional investors include Los Angeles Capital Management LLC (0.17%), Running Oak Capital LLC (0.14%), Wealth Enhancement Advisory Services LLC (0.02%), NBC Securities Inc. (0.01%), Curated Wealth Partners LLC (0.00%) and Ausbil Investment Management Ltd (0.01%). Insiders that own company stock include Alison S Rand, Glenn J Williams, Gregory C Pitts, Joel M Babbit, John A Jr Addison, Nicholas Adam Jendusa, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PRI) was last updated on 4/17/2024 by MarketBeat.com Staff

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