Primerica Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Primerica in the last year. There are currently 3 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 top-rated stocks.

Wall Street analysts have given Primerica a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Primerica wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Primerica is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Primerica.

Primerica, Inc. (NYSE:PRI) posted its quarterly earnings results on Wednesday, May, 5th. The financial services provider reported $2.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.38 by $0.06. The financial services provider earned $636.74 million during the quarter, compared to analyst estimates of $610.81 million. Primerica had a trailing twelve-month return on equity of 22.82% and a net margin of 17.66%.
View Primerica's earnings history.

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. Since then, PRI stock has increased by 62.4% and is now trading at $157.50.
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Primerica announced a quarterly dividend on Wednesday, May 5th. Stockholders of record on Friday, May 21st will be given a dividend of $0.47 per share on Monday, June 14th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date is Thursday, May 20th.
View Primerica's dividend history.

Primerica pays an annual dividend of $1.88 per share and currently has a dividend yield of 1.16%. Primerica does not yet have a strong track record of dividend growth. The dividend payout ratio of Primerica is 19.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Primerica will have a dividend payout ratio of 15.20% next year. This indicates that Primerica will be able to sustain or increase its dividend.
View Primerica's dividend history.

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

3 brokerages have issued 12 month price targets for Primerica's stock. Their forecasts range from $140.00 to $188.00. On average, they expect Primerica's stock price to reach $166.20 in the next year. This suggests a possible upside of 5.5% from the stock's current price.
View analysts' price targets for Primerica or view top-rated stocks among Wall Street analysts.

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.

Some companies that are related to Primerica include MetLife (MET), Prudential Financial (PRU), Aflac (AFL), 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 a number of institutional and retail investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (10.17%), BlackRock Inc. (8.91%), Bamco Inc. NY (5.38%), Brave Warrior Advisors LLC (4.79%), Burgundy Asset Management Ltd. (3.07%) and Cantillon Capital Management LLC (2.56%). Company insiders that own Primerica stock include Alison S Rand, Glenn J Williams, Gregory C Pitts, Joel M Babbit, John A Jr Addison and Peter W Schneider.
View institutional ownership trends for Primerica.

PRI stock was sold by a variety of institutional investors in the last quarter, including Bamco Inc. NY, Man Group plc, Goldman Sachs Group Inc., Quantum Capital Management LLC NJ, Allianz Asset Management GmbH, Geode Capital Management LLC, Royal Bank of Canada, and Fiduciary Management Inc. WI. Company insiders that have sold Primerica company stock in the last year include Alison S Rand, Glenn J Williams, Gregory C Pitts, Joel M Babbit, John A Jr Addison, 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 Brave Warrior Advisors LLC, Kayne Anderson Rudnick Investment Management LLC, AGF Investments Inc., BlackRock Inc., NFJ Investment Group LLC, State of Tennessee Treasury Department, Russell Investments Group Ltd., and WBI Investments.
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.
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One share of PRI stock can currently be purchased for approximately $157.50.

Primerica has a market capitalization of $6.21 billion and generates $2.22 billion in revenue each year. The financial services provider earns $386.16 million in net income (profit) each year or $9.70 on an earnings per share basis.

Primerica employs 1,966 workers across the globe.

The official website for Primerica is www.primerica.com.

Primerica is headquartered at 1 PRIMERICA PARKWAY, DULUTH GA, 30099.

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]