Primerica Stock Forecast, Price & News

Primerica's stock was trading at $96.97 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PRI stock has increased by 20.8% and is now trading at $117.10.
View which stocks have been most impacted by COVID-19.

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.

Primerica is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Primerica.

Primerica, Inc. (NYSE:PRI) issued its quarterly earnings data on Wednesday, August, 5th. The financial services provider reported $2.44 earnings per share for the quarter, topping the Zacks' consensus estimate 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%. Primerica's quarterly revenue was up 4.1% compared to the same quarter last year. During the same period in the previous year, the business posted $2.21 EPS.
View Primerica's earnings history.

Primerica announced a quarterly dividend on Wednesday, August 5th. Investors of record on Friday, August 21st will be given a dividend of $0.40 per share on Monday, September 14th. This represents a $1.60 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date is Thursday, August 20th.
View Primerica's dividend history.

Primerica declared that its board has authorized a share repurchase program 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 reacquire up to 5.4% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board believes its stock is undervalued.

4 analysts have issued 12-month price objectives for Primerica's stock. Their forecasts range from $145.00 to $159.00. On average, they expect Primerica's share price to reach $151.00 in the next twelve months. This suggests a possible upside of 28.9% from the stock's current price.
View analysts' price targets for Primerica.

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.

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 variety 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.

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.

PRI stock was acquired 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.

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.

One share of PRI stock can currently be purchased for approximately $117.10.

Primerica has a market capitalization of $4.63 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]