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Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
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Panama Papers trial's public portion comes to an unexpectedly speedy end
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
Panama Papers trial's public portion comes to an unexpectedly speedy end
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
Panama Papers trial's public portion comes to an unexpectedly speedy end
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
Panama Papers trial's public portion comes to an unexpectedly speedy end
NYSE:PRI

Primerica (PRI) Stock Price, News & Analysis

$215.04
+4.95 (+2.36%)
(As of 04/19/2024 ET)
Today's Range
$210.94
$215.95
50-Day Range
$210.20
$255.88
52-Week Range
$173.00
$256.56
Volume
381,146 shs
Average Volume
232,352 shs
Market Capitalization
$7.46 billion
P/E Ratio
13.54
Dividend Yield
1.40%
Price Target
$245.50

Primerica MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
14.2% 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
0.53mentions of Primerica in the last 14 days
Based on 20 Articles This Week
Insider Trading
Selling Shares
$1.65 M Sold Last Quarter
Proj. Earnings Growth
10.07%
From $17.78 to $19.57 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.

4.71 out of 5 stars

Financial Services Sector

5th out of 18 stocks

Insurance - Life Industry

1st out of 1 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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“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Primerica Says Short Seller's Claims Are Misleading
The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Key Takeaways From Primerica Analyst Ratings
Globe Life: Betting On A Bounce To $80
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
4/20/2024
Next Earnings (Estimated)
5/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Insurance - Life
Sub-Industry
Life & Health Insurance
CUSIP
74164M10
Fax
N/A
Employees
2,849
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
+14.2%
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
$25.91 per share
Book Value
$58.97 per share

Miscellaneous

Free Float
34,402,000
Market Cap
$7.46 billion
Optionable
Optionable
Beta
1.06
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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 target prices for Primerica's stock. Their PRI share price targets range from $197.00 to $275.00. On average, they expect the company's stock price to reach $245.50 in the next year. This suggests a possible upside of 14.2% 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 2024?

Primerica's stock was trading at $205.76 on January 1st, 2024. Since then, PRI stock has increased by 4.5% and is now trading at $215.04.
View the best growth stocks for 2024 here
.

Are investors shorting Primerica?

Primerica saw a increase in short interest in 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 volume of 118,500 shares, the short-interest 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) issued its quarterly earnings data on Tuesday, February, 13th. The financial services provider reported $4.25 earnings per share (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 analysts' expectations of $723.64 million. Primerica had a net margin of 20.37% and a trailing twelve-month return on equity of 27.83%. Primerica's quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.49 earnings per share.

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

Primerica declared a quarterly dividend on Thursday, February 8th. Stockholders 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 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date is Tuesday, February 20th. This is a boost 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 1.43%. 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 15.33% 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 announced that its Board of Directors has approved a stock buyback program on Thursday, November 16th 2023, which permits the company to buyback $425,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 5.8% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management 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).

Who are Primerica's major shareholders?

Primerica's stock is owned by a variety of institutional and retail investors. Top institutional investors include Leeward Investments LLC MA (0.29%), Los Angeles Capital Management LLC (0.17%), Running Oak Capital LLC (0.14%), State of Michigan Retirement System (0.02%), Wealth Enhancement Advisory Services LLC (0.02%) and NBC Securities Inc. (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 4/20/2024 by MarketBeat.com Staff

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