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

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$126.77 -0.43 (-0.34 %)
(As of 04/26/2019 04:14 AM ET)
Previous Close$127.20
Today's Range$125.06 - $126.83
52-Week Range$90.05 - $130.21
Volume214,500 shs
Average Volume205,375 shs
Market Capitalization$5.38 billion
P/E Ratio17.29
Dividend Yield1.07%
Beta1.41
Primerica, Inc., together with its subsidiaries, provides 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 provides 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, home automation solutions, and mortgage loan referrals; ID theft defense services; 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$13.2883 per share
Book Value$34.04 per share

Profitability

Net Income$324.09 million

Miscellaneous

Employees1,899
Market Cap$5.38 billion
Next Earnings Date5/7/2019 (Confirmed)
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 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date is Tuesday, February 19th. This is a positive change from Primerica's previous quarterly dividend of $0.25. 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 plan on Thursday, February 7th 2019, which permits the company to repurchase $275,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 5.6% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

How were Primerica's earnings last quarter?

Primerica, Inc. (NYSE:PRI) issued its quarterly earnings results on Thursday, February, 7th. The financial services provider reported $2.01 EPS for the quarter, beating the Zacks' consensus estimate of $1.88 by $0.13. The financial services provider earned $487.33 million during the quarter, compared to the consensus estimate of $486.75 million. Primerica had a return on equity of 22.63% and a net margin of 17.06%. The firm's quarterly revenue was up 10.0% compared to the same quarter last year. During the same period in the prior year, the business posted $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 7th 2019. View Earnings Estimates for Primerica.

What price target have analysts set for PRI?

5 brokerages have issued 12-month target prices for Primerica's shares. Their forecasts range from $102.00 to $148.00. On average, they anticipate Primerica's stock price to reach $117.60 in the next year. This suggests that the stock has a possible downside of 7.2%. 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 coverage about PRI stock has trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by reviewing 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 nearest to five being the most favorable. Primerica earned a news sentiment score of -1.1 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future.

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 Alibaba Group (BABA), General Electric (GE), Tesla (TSLA), Laredo Petroleum (LPI), Micron Technology (MU), NVIDIA (NVDA), Teekay Tankers (TNK), Netflix (NFLX), Gilead Sciences (GILD) and QUALCOMM (QCOM).

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. William Addams Kelly, Chief Exec. Officer of PFS Investments Inc. (Age 63)

Who are Primerica's major shareholders?

Primerica's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Retirement Systems of Alabama (0.13%), Strs Ohio (0.04%), Los Angeles Capital Management & Equity Research Inc. (0.03%), BNP Paribas Arbitrage SA (0.02%), Brinker Capital Inc. (0.02%) and Nisa Investment Advisors LLC (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, 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 Oppenheimer Asset Management Inc., Strs Ohio, Retirement Systems of Alabama, Brinker Capital Inc. and Huntington National Bank. 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 institutional investors are buying Primerica stock?

PRI stock was acquired by a variety of institutional investors in the last quarter, including Los Angeles Capital Management & Equity Research Inc., BNP Paribas Arbitrage SA, Creative Planning, First Citizens Bank & Trust Co., Virginia Retirement Systems ET AL and Nisa Investment Advisors LLC. 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 $126.77.

How big of a company is Primerica?

Primerica has a market capitalization of $5.38 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:  620 (Vote Outperform)
Underperform Votes:  505 (Vote Underperform)
Total Votes:  1,125
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 4/26/2019 by MarketBeat.com Staff

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