Primerica Stock Forecast, Price & News

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.
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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.

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.

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.
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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.

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.

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.

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.

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.

Some companies that are related to Primerica include MetLife (MET), Prudential Financial (PRU), Aflac (AFL), 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), Kansas City Life Insurance (KCLI) and Citizens (CIA).
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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).

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 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.

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.

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.

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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One share of PRI stock can currently be purchased for approximately $165.23.

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.

Primerica employs 2,230 workers across the globe.

The official website for Primerica is www.primerica.com.

Primerica is headquartered at 1 PRIMERICA PARKWAY, DULUTH GA, 30099.

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]