NYSE:PRIPrimerica Stock Price, Forecast & News

Primerica's stock was trading at $96.97 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PRI shares have decreased by 10.2% and is now trading at $87.09. View which stocks have been mosted impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Primerica in the last year. There are currently 1 sell rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Primerica.

Primerica is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Primerica.

Primerica, Inc. (NYSE:PRI) released its earnings results on Tuesday, February, 11th. The financial services provider reported $2.22 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $2.11 by $0.11. The financial services provider had revenue of $530.94 million for the quarter, compared to analysts' expectations of $526.19 million. Primerica had a net margin of 17.85% and a return on equity of 22.52%. During the same period in the previous year, the firm posted $2.01 EPS. View Primerica's earnings history.

Primerica declared a quarterly dividend on Tuesday, February 11th. Shareholders of record on Monday, February 24th will be given a dividend of $0.40 per share on Monday, March 16th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date of this dividend is Friday, February 21st. This is a boost from Primerica's previous quarterly dividend of $0.34. View Primerica's dividend history.

Primerica declared that its Board of Directors has initiated a stock repurchase program on Tuesday, February 11th 2020, which allows the company to buyback $300,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 5.4% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's leadership believes its shares are undervalued.

3 brokerages have issued twelve-month price targets for Primerica's shares. Their forecasts range from $108.00 to $108.00. On average, they anticipate Primerica's stock price to reach $108.00 in the next year. This suggests a possible upside of 24.0% from the stock's current price. View analysts' price targets for Primerica.

News headlines about PRI stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Primerica earned a daily sentiment score of -3.3 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutPrimerica.

Primerica saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 812,000 shares, an increase of 23.8% from the February 27th total of 655,800 shares. Based on an average daily trading volume, of 202,500 shares, the days-to-cover ratio is currently 4.0 days. Currently, 2.0% of the company's stock are sold short. View Primerica's Current Options Chain.

Some companies that are related to Primerica include Metlife (MET), AFLAC (AFL), Prudential Financial (PRU), Principal Financial Group (PFG), Lincoln National (LNC), Unum Group (UNM), CNO Financial Group (CNO), American Equity Investment Life (AEL), FBL Financial Group (FFG), National Western Life Group (NWLI), Independence (IHC), Citizens (CIA), Health Insurance Innovations (HIIQ) and Kansas City Life Insurance (KCLI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Primerica investors own include Alibaba Group (BABA), Gilead Sciences (GILD), NVIDIA (NVDA), Laredo Petroleum (LPI), Tesla (TSLA), General Electric (GE), Johnson & Johnson (JNJ), Teekay Tankers (TNK), Nike (NKE) and Pfizer (PFE).

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

Primerica's stock is owned by many different institutional and retail investors. Top institutional investors include Nelson Van Denburg & Campbell Wealth Management Group LLC (0.02%) and State of Alaska Department of Revenue (0.02%). 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 and William A Kelly. View institutional ownership trends for Primerica.

PRI stock was bought by a variety of institutional investors in the last quarter, including Nelson Van Denburg & Campbell Wealth Management Group LLC, and State of Alaska Department of Revenue. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of PRI stock can currently be purchased for approximately $87.09.

Primerica has a market capitalization of $3.58 billion and generates $2.05 billion in revenue each year. The financial services provider earns $366.39 million in net income (profit) each year or $8.43 on an earnings per share basis. Primerica employs 1,947 workers across the globe. View additional information about Primerica.

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

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]