NYSE:PRI - Primerica Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$108.66 -1.20 (-1.09 %)
(As of 01/22/2019 04:00 PM ET)
Previous Close$109.86
Today's Range$107.83 - $110.33
52-Week Range$90.05 - $128.35
Volume265,100 shs
Average Volume209,614 shs
Market Capitalization$4.67 billion
P/E Ratio19.68
Dividend Yield0.94%
Beta1.34
Primerica, Inc., together with its subsidiaries, distributes financial products to middle income households in the United States and Canada. The company operates in three segments: Term Life Insurance; Investment and Savings Products; and Corporate and Other Distributed Products. It underwrites individual term life insurance products. The company also distributes and sells mutual funds and various retirement plans, managed investments, variable and fixed annuities, fixed indexed annuities, and segregated funds. In addition, it offers auto and homeowners' insurance, long-term care insurance, home automation solutions, and mortgage loan referrals; and insurance products, including supplemental medical and dental, accidental death, and disability for small businesses. Further, the company provides 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. The company distributes and sells its products through licensed sales representatives. Primerica, Inc. was founded in 1927 and is headquartered in Duluth, Georgia.

Receive PRI News and Ratings via Email

Sign-up to receive the latest news and ratings for PRI and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Life insurance
Sub-IndustryLife & Health Insurance
SectorFinance
CUSIP74164M10
Phone770-381-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.69 billion
Cash Flow$10.6217 per share
Book Value$32.07 per share

Profitability

Net Income$350.25 million

Miscellaneous

Employees2,104
Market Cap$4.67 billion
OptionableOptionable

Primerica (NYSE:PRI) Frequently Asked Questions

What is Primerica's stock symbol?

Primerica trades on the New York Stock Exchange (NYSE) under the ticker symbol "PRI."

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

Primerica announced a quarterly dividend on Wednesday, November 7th. Investors of record on Tuesday, November 20th will be given a dividend of $0.25 per share on Friday, December 14th. This represents a $1.00 annualized dividend and a dividend yield of 0.92%. The ex-dividend date of this dividend is Monday, November 19th. View Primerica's Dividend History.

How will Primerica's stock buyback program work?

Primerica declared that its Board of Directors has initiated a share buyback program on Thursday, February 8th 2018, which allows the company to repurchase $225,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its shares are undervalued.

How were Primerica's earnings last quarter?

Primerica, Inc. (NYSE:PRI) released its quarterly earnings data on Tuesday, November, 6th. The financial services provider reported $1.93 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.86 by $0.07. The financial services provider had revenue of $484.78 million for the quarter, compared to analyst estimates of $478.87 million. Primerica had a return on equity of 21.72% and a net margin of 21.88%. Primerica's revenue was up 13.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.46 EPS. View Primerica's Earnings History.

When is Primerica's next earnings date?

Primerica is scheduled to release their next quarterly earnings announcement on Thursday, February 7th 2019. View Earnings Estimates for Primerica.

How can I listen to Primerica's earnings call?

Primerica will be holding an earnings conference call on Friday, February 8th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8666940420.

What price target have analysts set for PRI?

5 brokers have issued twelve-month target prices for Primerica's shares. Their predictions range from $102.00 to $135.00. On average, they expect Primerica's share price to reach $115.00 in the next twelve months. This suggests a possible upside of 5.8% from the stock's current price. View Analyst Price Targets for Primerica.

What is the consensus analysts' recommendation for Primerica?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Primerica in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Primerica.

What are Wall Street analysts saying about Primerica stock?

Here are some recent quotes from research analysts about Primerica stock:
  • 1. According to Zacks Investment Research, "Primerica, Inc. provides financial products and services. It assists its clients in meeting their needs for term life insurance, which it underwrites, and mutual funds, variable annuities and other financial products, which it distributes primarily on behalf of third parties. The Company's mission is to serve middle income families by helping them make informed financial decisions and providing them with a strategy and means to gain financial independence. The Company's sales representatives use its proprietary financial needs analysis, or FNA, tool and an educational approach to demonstrate how its products can assist clients to provide financial protection for their families, save for their retirement and manage their debt. The Company's clients are generally middle income consumers. Primerica also provides an entrepreneurial business opportunity for individuals to distribute its financial products. The Company is based in Duluth, Georgia. " (11/14/2018)
  • 2. Wells Fargo & Co analysts commented, "We would peg normalized EPS at around $1.49 after backing out $0.05 per share of associated with a benefit from changing the state of domicile for Primerica Life, $0.03 per share from a deferred acquisition cost (DAC) adjustment in Investment and Savings Products (ISP) and $0.03 per share from lower tax rate. We are maintaining our 2018 adjusted EPS estimate at $7.25 to reflect higher asset levels and lower share count offset by a higher guided tax rate than we were modeling. We are raising our 2019E to $8.00 from $7.85 to reflect higher assets levels and a lower share count. Additionally, we are introducing our 2020 EPS estimate of $8.80. FactSet 2018 consensus of $7.03 does not seem to reflect the impact of tax reform in all estimates. We are raising our price target to $102 per share from $100. We expect PRI shares to react favorably to the beat in the quarter. Please see Figure 1 for more detail. What we liked." (2/7/2018)

Has Primerica been receiving favorable news coverage?

Media headlines about PRI stock have been trending very positive recently, InfoTrie reports. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Primerica earned a news sentiment score of 3.2 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Who are some of Primerica's key competitors?

Who are Primerica's key executives?

Primerica's management team includes the folowing people:
  • Mr. Glenn Jackson Williams, CEO & Director (Age 59)
  • Mr. Peter Wayne Schneider, Pres (Age 62)
  • Ms. Alison Sue Rand, Exec. VP & CFO (Age 50)
  • Mr. Gregory Carl Pitts, Exec. VP & COO (Age 55)
  • Mr. William Addams Kelly, Chief Exec. Officer of PFS Investments (Age 62)

Who are Primerica's major shareholders?

Primerica's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.05%), KAMES CAPITAL plc (0.03%), Louisiana State Employees Retirement System (0.03%) and BB&T Corp (0.01%). Company insiders that own Primerica stock include Alison S Rand, Barbara A Yastine, Glenn J Williams, Gregory C Pitts, P George Benson, Peter W Schneider, Robert F Mccullough and William A Kelly. View Institutional Ownership Trends for Primerica.

Which institutional investors are selling Primerica stock?

PRI stock was sold by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System. Company insiders that have sold Primerica company stock in the last year include Alison S Rand, Barbara A Yastine, Glenn J Williams, Gregory C Pitts, P George Benson, Peter W Schneider, Robert F Mccullough and William A Kelly. View Insider Buying and Selling for Primerica.

Which institutional investors are buying Primerica stock?

PRI stock was bought by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc, Bank of Montreal Can and BB&T Corp. View Insider Buying and Selling for Primerica.

How do I buy shares of Primerica?

Shares of PRI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Primerica's stock price today?

One share of PRI stock can currently be purchased for approximately $108.66.

How big of a company is Primerica?

Primerica has a market capitalization of $4.67 billion and generates $1.69 billion in revenue each year. The financial services provider earns $350.25 million in net income (profit) each year or $5.52 on an earnings per share basis. Primerica employs 2,104 workers across the globe.

What is Primerica's official website?

The official website for Primerica is http://www.primerica.com.

How can I contact Primerica?

Primerica's mailing address is 1 PRIMERICA PARKWAY, DULUTH GA, 30099. The financial services provider can be reached via phone at 770-381-1000 or via email at [email protected]


MarketBeat Community Rating for Primerica (NYSE PRI)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  594 (Vote Outperform)
Underperform Votes:  484 (Vote Underperform)
Total Votes:  1,078
MarketBeat's community ratings are surveys of what our community members think about Primerica and other stocks. Vote "Outperform" if you believe PRI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PRI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/22/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel