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.
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Industry, Sector and Symbol
Industry Life insurance
Sub-IndustryLife & Health Insurance
SectorFinance
Phone770-381-1000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.90 billion
Profitability
Miscellaneous
Employees1,899
Next Earnings Date11/5/2019 (Estimated)
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 declared a quarterly dividend on Wednesday, August 7th. Stockholders of record on Wednesday, August 21st will be paid a dividend of $0.34 per share on Friday, September 13th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend is Tuesday, August 20th. View Primerica's Dividend History.
How will Primerica's stock buyback program work?
Primerica announced that its board has authorized a stock repurchase program on Thursday, February 7th 2019, which allows the company to repurchase $275,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 5.6% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its shares are undervalued.
How were Primerica's earnings last quarter?
Primerica, Inc. (NYSE:PRI) announced its quarterly earnings data on Wednesday, August, 7th. The financial services provider reported $2.21 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $2.14 by $0.07. The financial services provider had revenue of $504.90 million for the quarter, compared to analysts' expectations of $503.84 million. Primerica had a return on equity of 22.77% and a net margin of 17.66%. The business's revenue for the quarter was up 7.9% on a year-over-year basis. During the same period last year, the firm posted $1.93 EPS. View Primerica's Earnings History.
When is Primerica's next earnings date?
What price target have analysts set for PRI?
2 Wall Street analysts have issued twelve-month price objectives for Primerica's stock. Their predictions range from $108.00 to $148.00. On average, they anticipate Primerica's share price to reach $128.00 in the next year. This suggests a possible upside of 10.8% from the stock's current price. View Analyst Price Targets for Primerica.
What is the consensus analysts' recommendation for Primerica?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Primerica in the last year. There are currently 1 sell rating 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?
Headlines about PRI stock have been trending negative this week, according to InfoTrie. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Primerica earned a media sentiment score of -2.3 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Primerica.
Are investors shorting Primerica?
Primerica saw a increase in short interest in July. As of July 31st, there was short interest totalling 582,300 shares, an increase of 20.9% from the June 30th total of 481,800 shares. Based on an average daily volume of 294,600 shares, the short-interest ratio is currently 2.0 days. Currently, 1.4% of the company's stock are sold short. View Primerica's Current Options Chain.
Who are some of Primerica's key competitors?
Some companies that are related to Primerica include AVIVA PLC/ADR (AVVIY), Legal & General Group (LGEN), SONY FINL HOLDI/ADR (SNYFY), Lincoln National (LNC), AEGON (AEG), Torchmark (TMK), Reinsurance Group of America (RGA), Scor (SCRYY), Athene (ATH), Voya Financial (VOYA), AMP (AMP), Brighthouse Financial (BHF), American National Insurance (ANAT), Genworth Financial (GNW) and American Equity Investment Life (AEL).
What other stocks do shareholders of Primerica own?
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 investors include Vanguard Group Inc. (11.06%), Kayne Anderson Rudnick Investment Management LLC (10.03%), BlackRock Inc. (9.09%), Bamco Inc. NY (5.93%), Cantillon Capital Management LLC (2.18%) and Wells Fargo & Company MN (1.86%). 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 BlackRock Inc., Victory Capital Management Inc., Vanguard Group Inc., Charles Schwab Investment Management Inc., Brown Advisory Inc., Bank of New York Mellon Corp, Northern Trust Corp and Cantillon Capital Management LLC. 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 bought by a variety of institutional investors in the last quarter, including Invesco Ltd., Kayne Anderson Rudnick Investment Management LLC, APG Asset Management N.V., Paloma Partners Management Co, Nuveen Asset Management LLC, Morgan Stanley, Renaissance Technologies LLC and Jane Street Group 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 $115.57.
How big of a company is Primerica?
Primerica has a market capitalization of $4.84 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.View Additional Information About Primerica.
What is Primerica's official website?
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)
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.
