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

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$122.02 -0.42 (-0.34 %)
(As of 03/22/2019 04:48 AM ET)
Previous Close$122.44
Today's Range$121.37 - $123.48
52-Week Range$90.05 - $129.19
Volume261,000 shs
Average Volume210,842 shs
Market Capitalization$5.20 billion
P/E Ratio16.65
Dividend Yield1.11%
Beta1.42
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.

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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$1.90 billion
Cash Flow$13.0363 per share
Book Value$34.04 per share

Profitability

Net Income$324.09 million

Miscellaneous

Employees1,899
Market Cap$5.20 billion
Next Earnings Date5/14/2019 (Estimated)
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 Thursday, February 7th. Investors of record on Wednesday, February 20th will be paid a dividend of $0.34 per share on Friday, March 15th. This represents a $1.36 annualized dividend and a yield of 1.11%. The ex-dividend date of this dividend is Tuesday, February 19th. This is a boost from Primerica's previous quarterly dividend of $0.25. View Primerica's Dividend History.

How will Primerica's stock buyback program work?

Primerica announced that its board has authorized a share repurchase plan on Thursday, February 7th 2019, which authorizes the company to repurchase $275,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 5.6% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its stock is undervalued.

How were Primerica's earnings last quarter?

Primerica, Inc. (NYSE:PRI) released its earnings results on Thursday, February, 7th. The financial services provider reported $2.01 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.88 by $0.13. The financial services provider had revenue of $487.33 million for the quarter, compared to analysts' expectations of $486.75 million. Primerica had a return on equity of 22.63% and a net margin of 17.06%. The company's revenue was up 10.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.60 earnings per share. View Primerica's Earnings History.

When is Primerica's next earnings date?

Primerica is scheduled to release their next quarterly earnings announcement on Tuesday, May 14th 2019. View Earnings Estimates for Primerica.

What price target have analysts set for PRI?

5 equities research analysts have issued twelve-month price objectives for Primerica's stock. Their forecasts range from $102.00 to $148.00. On average, they anticipate Primerica's share price to reach $117.60 in the next year. This suggests that the stock has a possible downside of 3.6%. 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.

Has Primerica been receiving favorable news coverage?

News headlines about PRI stock have been trending somewhat positive on Friday, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Primerica earned a media sentiment score of 1.3 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an impact on the stock's share price in the next few days.

Who are some of Primerica's key competitors?

What other stocks do shareholders of Primerica own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Primerica investors own include General Electric (GE), Alibaba Group (BABA), Laredo Petroleum (LPI), Teekay Tankers (TNK), NVIDIA (NVDA), Micron Technology (MU), Netflix (NFLX), Tesla (TSLA), QUALCOMM (QCOM) and salesforce.com (CRM).

Who are Primerica's key executives?

Primerica's management team includes the folowing people:
  • Mr. Glenn Jackson Williams, CEO & Director (Age 60)
  • Mr. Peter Wayne Schneider, Pres (Age 63)
  • Ms. Alison Sue Rand, Exec. VP & CFO (Age 51)
  • Mr. Gregory Carl Pitts, Exec. VP & COO (Age 56)
  • Mr. Michael C. Adams, Exec. VP & Chief Bus. Technology Officer (Age 62)

Who are Primerica's major shareholders?

Primerica's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.40%), Kayne Anderson Rudnick Investment Management LLC (9.11%), FMR LLC (5.70%), Dimensional Fund Advisors LP (2.42%), Cantillon Capital Management LLC (2.20%) and Victory Capital Management Inc. (1.82%). Company insiders that own Primerica stock include Alison S Rand, Barbara A Yastine, Glenn J Williams, Gregory C Pitts, John A Jr Addison, P George Benson, Peter W Schneider, Robert F Mccullough and William A Kelly. View Institutional Ownership Trends for Primerica.

Which major investors are selling Primerica stock?

PRI stock was sold by a variety of institutional investors in the last quarter, including Kayne Anderson Rudnick Investment Management LLC, Macquarie Group Ltd., Bank of New York Mellon Corp, AGF Investments Inc., Dimensional Fund Advisors LP, Millennium Management LLC, Walthausen & Co. LLC and BlackRock Inc.. 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, John A Jr Addison, P George Benson, Peter W Schneider and William A Kelly. View Insider Buying and Selling for Primerica.

Which major investors are buying Primerica stock?

PRI stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, FMR LLC, Mackenzie Financial Corp, Royal London Asset Management Ltd., Rhumbline Advisers, Geode Capital Management LLC, Geode Capital Management LLC and State of Tennessee Treasury Department. 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 $122.02.

How big of a company is Primerica?

Primerica has a market capitalization of $5.20 billion and generates $1.90 billion in revenue each year. The financial services provider earns $324.09 million in net income (profit) each year or $7.33 on an earnings per share basis. Primerica employs 1,899 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:  616 (Vote Outperform)
Underperform Votes:  500 (Vote Underperform)
Total Votes:  1,116
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 3/22/2019 by MarketBeat.com Staff

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