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NYSE:PRI - Primerica Stock Price, Forecast & News

$89.96
+1.88 (+2.13 %)
(As of 03/29/2020 04:00 PM ET)
Today's Range
$82.67
Now: $89.96
$95.09
50-Day Range
$62.35
MA: $109.53
$136.89
52-Week Range
$61.20
Now: $89.96
$138.05
Volume493,956 shs
Average Volume439,063 shs
Market Capitalization$3.70 billion
P/E Ratio10.42
Dividend Yield1.82%
Beta1.29
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 loan referrals; ID theft defense services; and insurance products, including supplemental medical and dental, 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. The company distributes and sells its products through licensed sales representatives. Primerica, Inc. was founded in 1927 and is headquartered in Duluth, Georgia.
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Industry, Sector and Symbol

Industry Life insurance
Sub-IndustryLife & Health Insurance
SectorFinance
CUSIP74164M10
Phone770-381-1000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.05 billion
Cash Flow$15.56 per share
Book Value$39.95 per share

Profitability

Net Income$366.39 million

Miscellaneous

Employees1,947
Market Cap$3.70 billion
Next Earnings Date5/5/2020 (Estimated)
OptionableOptionable

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Primerica (NYSE:PRI) Frequently Asked Questions

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

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 (WHO). Since then, PRI stock has decreased by 7.2% and is now trading at $89.96. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Primerica?

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.

When is Primerica's next earnings date?

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

How were Primerica's earnings last quarter?

Primerica, Inc. (NYSE:PRI) issued its earnings results on Tuesday, February, 11th. The financial services provider reported $2.22 earnings per share (EPS) for the quarter, topping the Thomson Reuters' 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 previous year, the company earned $2.01 earnings per share. View Primerica's earnings history.

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

Primerica announced a quarterly dividend on Tuesday, February 11th. Shareholders of record on Monday, February 24th will be given a dividend of $0.40 per share on Monday, March 16th. This represents a $1.60 annualized dividend 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.

How will Primerica's stock buyback program work?

Primerica declared that its Board of Directors has initiated a share buyback plan on Tuesday, February 11th 2020, which permits the company to repurchase $300,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits 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?

3 brokerages have issued 1 year price objectives for Primerica's shares. Their forecasts range from $108.00 to $108.00. On average, they anticipate Primerica's share price to reach $108.00 in the next twelve months. This suggests a possible upside of 20.1% from the stock's current price. View analysts' price targets for Primerica.

Has Primerica been receiving favorable news coverage?

Press coverage about PRI stock has been trending extremely negative this week, according to InfoTrie. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Primerica earned a daily sentiment score of -4.0 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutPrimerica.

Are investors shorting Primerica?

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 trading volume of 202,500 shares, the days-to-cover ratio is presently 4.0 days. Approximately 2.0% of the shares of the company are sold short. View Primerica's Current Options Chain.

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 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).

Who are Primerica's key executives?

Primerica's management team includes the following 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)

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 institutional and retail 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.

Which major investors are selling Primerica stock?

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.

Which major investors are buying Primerica stock?

PRI stock was purchased 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.

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, Robinhood, Fidelity, and Charles Schwab.

What is Primerica's stock price today?

One share of PRI stock can currently be purchased for approximately $89.96.

How big of a company is Primerica?

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.

What is Primerica's official website?

The official website for Primerica is http://www.primerica.com/.

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)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  746 (Vote Outperform)
Underperform Votes:  602 (Vote Underperform)
Total Votes:  1,348
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.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

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