NYSE:PRI

Primerica Stock Forecast, Price & News

$165.23
+3.73 (+2.31 %)
(As of 05/5/2021 12:00 AM ET)
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Today's Range
$162.28
$165.35
50-Day Range
$142.65
$163.06
52-Week Range
$95.00
$165.35
Volume112,084 shs
Average Volume149,828 shs
Market Capitalization$6.50 billion
P/E Ratio17.75
Dividend Yield1.16%
Beta1.44
30 days | 90 days | 365 days | Advanced Chart
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Industry, Sector and Symbol

Industry Life insurance
Sub-IndustryLife & Health Insurance
SectorFinance
CUSIP74164M10
Phone770-381-1000
Employees2,230
Year FoundedN/A

Sales & Book Value

Annual Sales$2.05 billion
Cash Flow$18.54 per share
Book Value$39.95 per share

Profitability

Net Income$366.39 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap$6.50 billion
Next Earnings DateN/A
OptionableOptionable

Headlines

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Primerica logo

About Primerica

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. In addition, it offers auto and homeowners' insurance, home automation solutions, and mortgage loans; ID theft defense services; and insurance products, including supplemental health, accidental death, and disability for small businesses. Further, the company provides prepaid legal services that assist subscribers with legal matters, such as drafting wills, living wills and powers of attorney, trial defense, and motor vehicle-related matters. It distributes and sells its products through licensed sales representatives. Primerica, Inc. was founded in 1927 and is headquartered in Duluth, Georgia.

MarketRank

Overall MarketRank

2.03 out of 5 stars

Finance Sector

181st out of 1,953 stocks

Life Insurance Industry

8th out of 40 stocks

Analyst Opinion: 1.5Community Rank: 2.8Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
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Primerica (NYSE:PRI) Frequently Asked Questions

Is Primerica a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Primerica in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Primerica stock.
View analyst ratings for Primerica
or view top-rated stocks.

What stocks does MarketBeat like better than Primerica?

Wall Street analysts have given Primerica a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Primerica wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Primerica?

Primerica saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 254,500 shares, a decline of 15.7% from the March 31st total of 301,900 shares. Based on an average daily trading volume, of 155,800 shares, the days-to-cover ratio is presently 1.6 days. Approximately 0.7% of the company's shares are short sold.
View Primerica's Short Interest
.

How were Primerica's earnings last quarter?

Primerica, Inc. (NYSE:PRI) issued its quarterly earnings data on Monday, February, 8th. The financial services provider reported $2.45 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $2.49 by $0.04. The financial services provider earned $594.72 million during the quarter, compared to analysts' expectations of $583.43 million. Primerica had a trailing twelve-month return on equity of 23.65% and a net margin of 17.65%. During the same period last year, the firm posted $2.22 earnings per share.
View Primerica's earnings history
.

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

Primerica's stock was trading at $96.97 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PRI shares have increased by 70.4% and is now trading at $165.23.
View which stocks have been most impacted by COVID-19
.

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

Primerica declared a quarterly dividend on Tuesday, February 9th. Investors of record on Monday, February 22nd will be given a dividend of $0.47 per share on Monday, March 15th. This represents a $1.88 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date of this dividend is Friday, February 19th. This is a positive change from Primerica's previous quarterly dividend of $0.40.
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 1.16%. Primerica does not yet have a strock track record of dividend growth. The dividend payout ratio of Primerica is 22.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Primerica will have a dividend payout ratio of 17.36% 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 initiated a stock repurchase plan on Tuesday, February 11th 2020, which authorizes the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 5.4% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's leadership believes its shares are undervalued.

What price target have analysts set for PRI?

4 Wall Street analysts have issued 12-month target prices for Primerica's stock. Their forecasts range from $140.00 to $188.00. On average, they expect Primerica's stock price to reach $164.17 in the next year. This suggests that the stock has a possible downside of 0.6%.
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:
  • Mr. Glenn Jackson Williams, CEO & Director (Age 62, Pay $2.53M)
  • Mr. Peter Wayne Schneider, Pres (Age 65, Pay $1.56M)
  • Ms. Alison Sue Rand, Exec. VP & CFO (Age 53, Pay $1.11M)
  • Mr. Gregory Carl Pitts, Exec. VP & COO (Age 58, Pay $1.11M)
  • Mr. Michael Craig Adams, Co-Head of Bus. Technology, Chief Bus. Technology Officer & Exec. VP (Age 64)
  • Ms. Lisa Abraham Brown, Exec. VP & Chief Admin. Officer (Age 51)
  • Ms. Nicole Russell, Sr. VP of Investor Relations
  • Mr. Jeffrey Scott Fendler, Exec. VP and Chief Compliance & Risk Officer (Age 64)
  • Mr. Brett Allan Rogers, Exec. VP & Gen. Counsel (Age 56)
  • Mr. Robert Hudson Peterman Jr., Exec. VP & Chief Marketing Officer (Age 55)

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?

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 number of retail and institutional investors. Top institutional shareholders include Cantillon Capital Management LLC (2.56%), Victory Capital Management Inc. (0.76%), Royal London Asset Management Ltd. (0.44%), Natixis Advisors L.P. (0.22%), Robeco Institutional Asset Management B.V. (0.14%) and Retirement Systems of Alabama (0.13%). Company insiders that own Primerica stock include Alison S Rand, Glenn J Williams, Gregory C Pitts and Peter W Schneider.
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 Cantillon Capital Management LLC, Victory Capital Management Inc., Dupont Capital Management Corp, Artemis Investment Management LLP, The Manufacturers Life Insurance Company , State of New Jersey Common Pension Fund D, Texas Permanent School Fund, and BTC 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
or view top insider-selling stocks.

Which institutional investors are buying Primerica stock?

PRI stock was purchased by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., State of Alaska Department of Revenue, Envestnet Asset Management Inc., NN Investment Partners Holdings N.V., Royal London Asset Management Ltd., Creative Planning, DekaBank Deutsche Girozentrale, and Toth Financial Advisory Corp.
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 $165.23.

How much money does Primerica make?

Primerica has a market capitalization of $6.50 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.

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 5/6/2021 by MarketBeat.com Staff
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