NYSE:PRI Primerica Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Primerica, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $110.57 -0.58 (-0.52 %) (As of 09/25/2020 12:15 PM ET) Add Compare Share Today's Range$109.83Now: $110.57▼$111.5050-Day Range$111.05MA: $125.87▼$135.8052-Week Range$61.20Now: $110.57▼$138.05Volume2,887 shsAverage Volume229,927 shsMarket Capitalization$4.37 billionP/E Ratio12.59Dividend Yield1.44%Beta1.34 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingPrimerica has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $151.00, Primerica has a forecasted upside of 36.3% from its current price of $110.78.Amount of Analyst CoveragePrimerica has only been the subject of 2 research reports in the past 90 days. Previous Next 2.8 Community Rank Outperform VotesPrimerica has received 761 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPrimerica has received 614 “underperform” votes. (Add your “underperform” vote.)Community SentimentPrimerica has received 55.35% “outperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend YieldPrimerica has a dividend yield of 1.44%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthPrimerica has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Primerica is 18.98%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Primerica will have a dividend payout ratio of 15.31% next year. This indicates that Primerica will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Primerica insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,447,170.00 in company stock.Percentage Held by InsidersOnly 0.90% of the stock of Primerica is held by insiders.Percentage Held by Institutions89.68% of the stock of Primerica is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Primerica are expected to grow by 12.37% in the coming year, from $9.30 to $10.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Primerica is 12.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.23.Price to Earnings Ratio vs. SectorThe P/E ratio of Primerica is 12.62, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.04.Price to Book Value per Share RatioPrimerica has a P/B Ratio of 2.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.8Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.17 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Life insurance Sub-IndustryLife & Health Insurance SectorFinance Current SymbolNYSE:PRI Previous Symbol CUSIP74164M10 CIK1475922 Webwww.primerica.com Phone770-381-1000Debt Debt-to-Equity RatioN/A Current Ratio0.54 Quick Ratio0.54Price-To-Earnings Trailing P/E Ratio12.59 Forward P/E Ratio11.89 P/E GrowthN/A Sales & Book Value Annual Sales$2.05 billion Price / Sales2.13 Cash Flow$13.96 per share Price / Cash Flow7.92 Book Value$39.95 per share Price / Book2.77Profitability EPS (Most Recent Fiscal Year)$8.43 Net Income$366.39 million Net Margins17.29% Return on Equity23.12% Return on Assets2.74%Miscellaneous Employees1,947 Outstanding Shares39,520,000Market Cap$4.37 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $110.57 -0.58 (-0.52 %) (As of 09/25/2020 12:15 PM ET) 30 days | 90 days | 365 days | Advanced Chart 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. Primerica (NYSE:PRI) Frequently Asked Questions How has Primerica's stock price been impacted by COVID-19 (Coronavirus)? Primerica's stock was trading at $96.97 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PRI stock has increased by 13.9% and is now trading at $110.46. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Primerica? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Primerica in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Primerica. When is Primerica's next earnings date? Primerica is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for Primerica. How were Primerica's earnings last quarter? Primerica, Inc. (NYSE:PRI) announced its quarterly earnings results on Wednesday, August, 5th. The financial services provider reported $2.44 earnings per share for the quarter, beating analysts' consensus estimates of $2.08 by $0.36. The financial services provider earned $525.80 million during the quarter, compared to analysts' expectations of $509.39 million. Primerica had a net margin of 17.29% and a return on equity of 23.12%. The company's revenue was up 4.1% on a year-over-year basis. During the same period in the previous year, the firm posted $2.21 EPS. View Primerica's earnings history. How often does Primerica pay dividends? What is the dividend yield for Primerica? Primerica announced a quarterly dividend on Wednesday, August 5th. Shareholders of record on Friday, August 21st will be paid a dividend of $0.40 per share on Monday, September 14th. This represents a $1.60 annualized dividend and a dividend yield of 1.45%. The ex-dividend date is Thursday, August 20th. View Primerica's dividend history. How will Primerica's stock buyback program work? Primerica announced that its board has approved a share buyback program on Tuesday, February 11th 2020, which authorizes the company to repurchase $300,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 5.4% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued. What price target have analysts set for PRI? 4 equities research analysts have issued twelve-month price objectives for Primerica's shares. Their forecasts range from $145.00 to $159.00. On average, they anticipate Primerica's share price to reach $151.00 in the next year. This suggests a possible upside of 36.7% from the stock's current price. View analysts' price targets for Primerica. Who are some of Primerica's key competitors? 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), Health Insurance Innovations (HIIQ), Kansas City Life Insurance (KCLI) and Citizens (CIA). View all 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 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). Who are Primerica's key executives? Primerica's management team includes the following 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) What is Primerica's stock symbol? Primerica trades on the New York Stock Exchange (NYSE) under the ticker symbol "PRI." Who are Primerica's major shareholders? Primerica's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.30%), Kayne Anderson Rudnick Investment Management LLC (10.99%), Bamco Inc. NY (5.89%), FMR LLC (4.71%), Brave Warrior Advisors LLC (3.94%) and Cantillon Capital Management LLC (2.66%). 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. Which major investors are selling Primerica stock? PRI stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Vanguard Group Inc., Marshall Wace LLP, AQR Capital Management LLC, Hancock Whitney Corp, First Trust Advisors LP, Bank of America Corp DE, and Prudential Financial Inc.. 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. Which major investors are buying Primerica stock? PRI stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Brave Warrior Advisors LLC, Cantillon Capital Management LLC, Victory Capital Management Inc., Smith Asset Management Group LP, Thrivent Financial for Lutherans, Quantum Capital Management LLC NJ, and Itau Unibanco Holding S.A.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Primerica's stock price today? One share of PRI stock can currently be purchased for approximately $110.46. How big of a company is Primerica? Primerica has a market capitalization of $4.37 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. What is Primerica's official website? The official website for Primerica is 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] This page was last updated on 9/25/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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