NYSE:PRIPrimerica Stock Price, Forecast & News

Primerica's stock was trading at $96.97 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PRI stock has increased by 26.4% and is now trading at $122.54. View which stocks have been most impacted by Coronavirus.

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

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

Primerica, Inc. (NYSE:PRI) announced its quarterly earnings results on Wednesday, April, 29th. The financial services provider reported $2.05 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.95 by $0.10. The financial services provider earned $524.90 million during the quarter, compared to analysts' expectations of $519.77 million. Primerica had a return on equity of 23.10% and a net margin of 17.27%. The company's revenue was up 6.0% on a year-over-year basis. During the same period in the previous year, the company earned $1.74 earnings per share. View Primerica's earnings history.

Primerica announced a quarterly dividend on Wednesday, April 29th. Investors of record on Friday, May 22nd will be given a dividend of $0.40 per share on Monday, June 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date is Thursday, May 21st. View Primerica's dividend history.

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

3 equities research analysts have issued 1 year price targets for Primerica's stock. Their forecasts range from $123.00 to $135.00. On average, they anticipate Primerica's share price to reach $129.00 in the next year. This suggests a possible upside of 5.3% from the stock's current price. View analysts' price targets for Primerica.

News headlines about PRI stock have been trending somewhat negative recently, InfoTrie reports. The research firm identifies positive and negative 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 positive five, with scores nearest to five being the most favorable. Primerica earned a daily sentiment score of -1.0 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutPrimerica.

Primerica saw a increase in short interest in May. As of May 15th, there was short interest totaling 725,800 shares, an increase of 16.3% from the April 30th total of 624,300 shares. Based on an average daily trading volume, of 320,700 shares, the days-to-cover ratio is currently 2.3 days. Approximately 1.8% of the company's shares are short sold. 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). View all competitors.

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

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

Primerica's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.09%), State Street Corp (2.74%), Cantillon Capital Management LLC (2.40%), Wells Fargo & Company MN (2.09%), Geode Capital Management LLC (1.80%) and Bank of New York Mellon Corp (1.40%). 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 AGF Investments Inc., Invesco Ltd., Victory Capital Management Inc., Victory Capital Management Inc., Fuller & Thaler Asset Management Inc., BlackRock Inc., JPMorgan Chase & Co., and First Trust Advisors LP. 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 bought by a variety of institutional investors in the last quarter, including Deutsche Bank AG, APG Asset Management N.V., APG Asset Management N.V., APG Asset Management N.V., Quantum Capital Management LLC NJ, Cantillon Capital Management LLC, Schroder Investment Management Group, and Thrivent Financial for Lutherans. 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 $122.54.

Primerica has a market capitalization of $4.92 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.

The official website for Primerica is 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]