S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
S&P 500   4,567.00
DOW   34,483.72
QQQ   393.82
NYSE:PRI

Primerica Stock Forecast, Price & News

$147.15
-3.09 (-2.06%)
(As of 11/30/2021 04:00 PM ET)
Add
Compare
Today's Range
$145.84
$148.43
50-Day Range
$146.97
$177.14
52-Week Range
$128.84
$179.51
Volume
191,162 shs
Average Volume
130,310 shs
Market Capitalization
$5.81 billion
P/E Ratio
13.35
Dividend Yield
1.25%
Beta
1.45
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 Primerica and its competitors with MarketBeat's FREE daily newsletter.


Primerica logo

About Primerica

Primerica, Inc. engages in the provision of financial products to middle-income households. It operates through the following segments: Term Life Insurance, Investment and Savings Products, and Corporate and Other Distributed Products. The Term Life Insurance segment includes underwriting profits in the in-force book of term life insurance policies. The Investment and Savings Products segment involves retail and managed mutual funds and annuities, and segregated funds. The Corporate and Other Distributed Products segment comprises the revenues and expenses related to discontinued lines of insurance. The company was founded by Arthur L. Williams, Jr. and Angela Williams on February 10, 1977 and is headquartered in Dublin, GA.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Life insurance
Sub-Industry
Life & Health Insurance
Sector
Finance
CUSIP
74164M10
Fax
N/A
Employees
2,230
Year Founded
N/A

Sales & Book Value

Annual Sales
$2.22 billion
Cash Flow
$14.57 per share
Book Value
$53.15 per share

Profitability

Net Income
$386.16 million
Pretax Margin
22.31%

Debt

Price-To-Earnings

Miscellaneous

Free Float
39,135,000
Market Cap
$5.81 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/08/2021
Ex-Dividend
11/19/2021
Today
12/01/2021
Dividend Payable
12/14/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/08/2022

MarketRank

Overall MarketRank

3.17 out of 5 stars

Finance Sector

18th out of 1,335 stocks

Life Insurance Industry

4th out of 29 stocks

Analyst Opinion: 2.5Community Rank: 4.8Dividend Strength: 4.2Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -












Primerica (NYSE:PRI) Frequently Asked Questions

Is Primerica a buy right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Primerica in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Primerica stock.
View analyst ratings for Primerica
or view top-rated stocks.

How has Primerica's stock been impacted by Coronavirus (COVID-19)?

Primerica's stock was trading at $96.97 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PRI shares have increased by 51.7% and is now trading at $147.15.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Primerica?

Primerica saw a decrease in short interest in October. As of October 15th, there was short interest totaling 247,000 shares, a decrease of 15.9% from the September 30th total of 293,600 shares. Based on an average trading volume of 100,800 shares, the short-interest ratio is currently 2.5 days. Approximately 0.6% of the company's shares are sold short.
View Primerica's Short Interest
.

When is Primerica's next earnings date?

Primerica is scheduled to release its next quarterly earnings announcement on Tuesday, February 8th 2022.
View our earnings forecast for Primerica
.

How were Primerica's earnings last quarter?

Primerica, Inc. (NYSE:PRI) posted its quarterly earnings data on Monday, November, 8th. The financial services provider reported $2.98 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $2.98. The financial services provider earned $693.24 million during the quarter, compared to analyst estimates of $682.09 million. Primerica had a net margin of 16.97% and a trailing twelve-month return on equity of 22.60%. Primerica's revenue was up 22.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.78 earnings per share.
View Primerica's earnings history
.

How often does Primerica pay dividends? What is the dividend yield for Primerica?

Primerica declared a quarterly dividend on Monday, November 8th. Investors of record on Monday, November 22nd will be given a dividend of $0.47 per share on Tuesday, December 14th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date of this dividend is Friday, November 19th.
View Primerica's dividend history
.

Is Primerica a good dividend stock?

Primerica pays an annual dividend of $1.88 per share and currently has a dividend yield of 1.25%. Primerica has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Primerica is 17.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Primerica will have a dividend payout ratio of 14.00% next year. This indicates that Primerica will be able to sustain or increase its dividend.
View Primerica's dividend history.

How will Primerica's stock buyback program work?

Primerica declared that its Board of Directors has authorized a stock repurchase program on Wednesday, November 17th 2021, which permits the company to repurchase $275,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 4.5% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board believes its stock is undervalued.

What price target have analysts set for PRI?

3 brokerages have issued 1-year price objectives for Primerica's stock. Their forecasts range from $140.00 to $188.00. On average, they expect Primerica's stock price to reach $172.75 in the next year. This suggests a possible upside of 17.4% from the stock's current price.
View analysts' price targets for Primerica
or view top-rated stocks among Wall Street analysts.

Who are Primerica's key executives?

Primerica's management team includes the following people:
  • Glenn J. Williams, Chief Executive Officer & Director
  • Peter W. Schneider, President
  • Gregory C. Pitts, Chief Operating Officer & Executive Vice President
  • Alison S. Rand, Chief Financial Officer & Executive Vice President
  • Michael C. Adams, Chief Business Technology Officer & Executive VP

What is Glen Williams' approval rating as Primerica's CEO?

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.

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).

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 variety of retail and institutional investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (10.30%), BlackRock Inc. (8.32%), Bamco Inc. NY (5.30%), Brave Warrior Advisors LLC (4.82%), Cantillon Capital Management LLC (2.47%) and Dimensional Fund Advisors LP (1.96%). 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
.

Which major investors are selling Primerica stock?

PRI stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Kayne Anderson Rudnick Investment Management LLC, Panagora Asset Management Inc., Cantillon Capital Management LLC, Hancock Whitney Corp, Fuller & Thaler Asset Management Inc., Bamco Inc. NY, and PEAK6 Investments LLC. 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.

Which major investors are buying Primerica stock?

PRI stock was acquired by a variety of institutional investors in the last quarter, including Boston Private Wealth LLC, Geode Capital Management LLC, Brave Warrior Advisors LLC, Retirement Systems of Alabama, Logan Capital Management Inc., U.S. Capital Wealth Advisors LLC, Robeco Institutional Asset Management B.V., and AXA S.A..
View insider buying and selling activity for Primerica
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Primerica's stock price today?

One share of PRI stock can currently be purchased for approximately $147.15.

How much money does Primerica make?

Primerica has a market capitalization of $5.81 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 $11.02 on an earnings per share basis.

How many employees does Primerica have?

Primerica employs 2,230 workers across the globe.

What is Primerica's official website?

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

Where are Primerica's headquarters?

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

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 12/1/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.