Primerica Stock Forecast, Price & News

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.

Who are some of Primerica's key competitors?

Some companies that are related to Primerica include MetLife (MET), Prudential Financial (PRU), Aflac (AFL), Lincoln National (LNC), Unum Group (UNM), American Equity Investment Life (AEL), CNO Financial Group (CNO), Independence (IHC), National Western Life Group (NWLI), Kansas City Life Insurance (KCLI) and Citizens (CIA).
View all of PRI's competitors.

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.
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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].