Primerica Stock Forecast, Price & News

Primerica's stock was trading at $96.97 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PRI shares have increased by 37.5% and is now trading at $133.38.
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4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Primerica in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Primerica stock.
View analyst ratings for Primerica or view MarketBeat's top 5 stock picks.

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413 employees have rated Primerica CEO Glen Williams on Glassdoor.com. Glen Williams has an approval rating of 95% among Primerica's employees. This puts Glen Williams in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Primerica is scheduled to release its next quarterly earnings announcement on Tuesday, February 9th 2021.
View our earnings forecast for Primerica.

Primerica, Inc. (NYSE:PRI) posted its earnings results on Wednesday, November, 4th. The financial services provider reported $2.78 EPS for the quarter, topping the consensus estimate of $2.35 by $0.43. The financial services provider had revenue of $568.40 million for the quarter, compared to the consensus estimate of $545.84 million. Primerica had a trailing twelve-month return on equity of 23.65% and a net margin of 17.65%. The firm's revenue for the quarter was up 9.2% on a year-over-year basis. During the same quarter last year, the business posted $2.26 earnings per share.
View Primerica's earnings history.

Primerica declared a quarterly dividend on Wednesday, November 4th. Stockholders of record on Friday, November 20th will be paid a dividend of $0.40 per share on Monday, December 14th. This represents a $1.60 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend is Thursday, November 19th.
View Primerica's dividend history.

Primerica pays an annual dividend of $1.60 per share and currently has a dividend yield of 1.18%. The dividend payout ratio of Primerica is 18.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Primerica will have a dividend payout ratio of 14.77% next year. This indicates that Primerica will be able to sustain or increase its dividend.
View Primerica's dividend history.

Primerica announced that its board has authorized a stock repurchase plan on Tuesday, February 11th 2020, which authorizes the company to buyback $300,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 5.4% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's management believes its shares are undervalued.

4 brokers have issued twelve-month price targets for Primerica's stock. Their forecasts range from $145.00 to $165.00. On average, they expect Primerica's share price to reach $156.00 in the next twelve months. This suggests a possible upside of 17.0% from the stock's current price.
View analysts' price targets for Primerica or view Wall Street analyst' top-rated stocks.

Some companies that are related to Primerica include MetLife (MET), Aflac (AFL), Prudential Financial (PRU), 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), Kansas City Life Insurance (KCLI) and Citizens (CIA).
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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).

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

Primerica's stock is owned by many different retail and institutional investors. Top institutional investors include AMI Asset Management Corp (0.13%), State of Alaska Department of Revenue (0.05%), Louisiana State Employees Retirement System (0.02%), New York State Teachers Retirement System (0.02%), Strs Ohio (0.02%) and Pacer Advisors Inc. (0.01%). Company insiders that own Primerica stock include Alison S Rand, Glenn J Williams, Gregory C Pitts, John A Jr Addison, Peter W Schneider and William A Kelly.
View institutional ownership trends for Primerica.

PRI stock was sold by a variety of institutional investors in the last quarter, including AMI Asset Management Corp, Janney Montgomery Scott LLC, Pacer Advisors Inc., Strs Ohio, First Citizens Bank & Trust Co., and Louisiana State Employees Retirement System. Company insiders that have sold Primerica company stock in the last year include Alison S Rand, Glenn J Williams, Gregory C Pitts, and Peter W Schneider.
View insider buying and selling activity for Primerica or view top insider-selling stocks.

PRI stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Diversified Trust Co, XTX Markets LLC, Sowell Financial Services LLC, New York State Teachers Retirement System, and Kestra Private Wealth Services LLC.
View insider buying and selling activity for Primerica or or view top insider-buying stocks.

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

One share of PRI stock can currently be purchased for approximately $133.38.

Primerica has a market capitalization of $5.24 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.

The official website for Primerica is 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]