NYSE:PRI - Primerica Stock Price, Forecast & News

Primerica's stock was trading at $96.97 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PRI shares have decreased by 7.2% and is now trading at $89.96. View which stocks have been mosted impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Primerica in the last year. There are currently 1 sell rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Primerica.

Primerica is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Primerica.

Primerica, Inc. (NYSE:PRI) posted its quarterly earnings results on Tuesday, February, 11th. The financial services provider reported $2.22 EPS for the quarter, topping the consensus estimate of $2.11 by $0.11. The financial services provider earned $530.94 million during the quarter, compared to analyst estimates of $526.19 million. Primerica had a return on equity of 22.52% and a net margin of 17.85%. During the same period in the prior year, the firm earned $2.01 EPS. View Primerica's earnings history.

Primerica declared a quarterly dividend on Tuesday, February 11th. Stockholders of record on Monday, February 24th will be paid a dividend of $0.40 per share on Monday, March 16th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date is Friday, February 21st. This is an increase from Primerica's previous quarterly dividend of $0.34. View Primerica's dividend history.

Primerica announced that its board has approved a stock buyback plan on Tuesday, February 11th 2020, which allows the company to buyback $300,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 5.4% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its shares are undervalued.

3 brokers have issued 12 month price objectives for Primerica's shares. Their forecasts range from $108.00 to $108.00. On average, they expect Primerica's stock price to reach $108.00 in the next year. This suggests a possible upside of 20.1% from the stock's current price. View analysts' price targets for Primerica.

Media headlines about PRI stock have been trending somewhat positive recently, InfoTrie reports. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Primerica earned a media sentiment score of 1.2 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutPrimerica.

Primerica saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 812,000 shares, an increase of 23.8% from the February 27th total of 655,800 shares. Based on an average daily trading volume, of 202,500 shares, the short-interest ratio is currently 4.0 days. Currently, 2.0% of the shares of the company are sold short. View Primerica's Current Options Chain.

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), Citizens (CIA), Health Insurance Innovations (HIIQ) and Kansas City Life Insurance (KCLI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Primerica investors own include Alibaba Group (BABA), Gilead Sciences (GILD), Laredo Petroleum (LPI), General Electric (GE), Teekay Tankers (TNK), NVIDIA (NVDA), Tesla (TSLA), Netflix (NFLX), QUALCOMM (QCOM) and IBM (IBM).

Primerica trades on the New York Stock Exchange (NYSE) under the ticker symbol "PRI."

Primerica's stock is owned by a number of retail and institutional investors. Top institutional investors include Kayne Anderson Rudnick Investment Management LLC (10.25%), FMR LLC (6.03%), Bamco Inc. NY (5.74%), State Street Corp (2.67%), Cantillon Capital Management LLC (2.17%) and Geode Capital Management LLC (1.71%). 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 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 Victory Capital Management Inc., Bamco Inc. NY, State Street Corp, Nuveen Asset Management LLC, Barclays PLC, PhiloSmith Capital Corp, Cantillon Capital Management LLC, and Victory Capital Management 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 Norges Bank, FMR LLC, FIL Ltd, UBS Asset Management Americas Inc., Geode Capital Management LLC, Goldman Sachs Group Inc., UBS Group AG, and Credit Suisse AG. 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 $89.96.

Primerica has a market capitalization of $3.70 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. View additional information about Primerica.

The official website for Primerica is http://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]