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.
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Industry, Sector and Symbol
Industry Life insurance
Sub-IndustryLife & Health Insurance
SectorFinance
Phone770-381-1000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.90 billion
Profitability
Miscellaneous
Employees1,899
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable
Primerica (NYSE:PRI) Frequently Asked Questions
What is Primerica's stock symbol?
Primerica trades on the New York Stock Exchange (NYSE) under the ticker symbol "PRI."
How often does Primerica pay dividends? What is the dividend yield for Primerica?
Primerica announced a quarterly dividend on Wednesday, August 7th. Shareholders of record on Wednesday, August 21st will be given a dividend of $0.34 per share on Friday, September 13th. This represents a $1.36 annualized dividend and a dividend yield of 1.10%. The ex-dividend date of this dividend is Tuesday, August 20th. 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 Thursday, February 7th 2019, which allows the company to repurchase $275,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 5.6% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its shares are undervalued.
How were Primerica's earnings last quarter?
Primerica, Inc. (NYSE:PRI) issued its quarterly earnings data on Wednesday, August, 7th. The financial services provider reported $2.21 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $2.14 by $0.07. The financial services provider earned $504.90 million during the quarter, compared to analyst estimates of $503.84 million. Primerica had a net margin of 17.66% and a return on equity of 22.77%. The company's quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the previous year, the business posted $1.93 EPS. View Primerica's Earnings History.
When is Primerica's next earnings date?
What price target have analysts set for PRI?
2 Wall Street analysts have issued 1-year target prices for Primerica's shares. Their predictions range from $108.00 to $148.00. On average, they expect Primerica's stock price to reach $128.00 in the next twelve months. This suggests a possible upside of 3.7% from the stock's current price. View Analyst Price Targets for Primerica.
What is the consensus analysts' recommendation for Primerica?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Primerica in the last year. There are currently 1 sell rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Primerica.
Has Primerica been receiving favorable news coverage?
News coverage about PRI stock has trended somewhat positive this week, according to InfoTrie. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Primerica earned a news impact score of 0.9 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Primerica.
Are investors shorting Primerica?
Primerica saw a drop in short interest in August. As of August 31st, there was short interest totalling 547,200 shares, a drop of 6.0% from the July 31st total of 582,300 shares. Based on an average daily volume of 316,300 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.3% of the shares of the company are sold short. View Primerica's Current Options Chain.
Who are some of Primerica's key competitors?
Some companies that are related to Primerica include HANNOVER RUECK/S (HVRRY), AVIVA PLC/ADR (AVVIY), Legal & General Group (LGEN), Lincoln National (LNC), AEGON (AEG), Globe Life (GL), Reinsurance Group of America (RGA), SONY FINL HOLDI/ADR (SNYFY), Scor (SCRYY), Athene (ATH), Voya Financial (VOYA), AMP (AMP), Brighthouse Financial (BHF), American National Insurance (ANAT) and Genworth Financial (GNW).
What other stocks do shareholders of Primerica own?
Who are Primerica's key executives?
Primerica's management team includes the folowing 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)
Who are Primerica's major shareholders?
Primerica's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (11.06%), Kayne Anderson Rudnick Investment Management LLC (10.03%), BlackRock Inc. (9.19%), BlackRock Inc. (9.09%), Bamco Inc. NY (5.93%) and Cantillon Capital Management LLC (2.18%). 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, Robert F Mccullough 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 BlackRock Inc., BlackRock Inc., Victory Capital Management Inc., Vanguard Group Inc., Charles Schwab Investment Management Inc., Brown Advisory Inc., Bank of New York Mellon Corp and Northern Trust Corp. Company insiders that have sold Primerica company stock in the last year include Alison S Rand, Glenn J Williams, Gregory C Pitts, John A Jr Addison, Peter W Schneider and William A Kelly. View Insider Buying and Selling for Primerica.
Which major investors are buying Primerica stock?
PRI stock was acquired by a variety of institutional investors in the last quarter, including Invesco Ltd., Kayne Anderson Rudnick Investment Management LLC, APG Asset Management N.V., Paloma Partners Management Co, Nuveen Asset Management LLC, Morgan Stanley, Renaissance Technologies LLC and Jane Street Group LLC. View Insider Buying and Selling 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 $123.41.
How big of a company is Primerica?
Primerica has a market capitalization of $5.17 billion and generates $1.90 billion in revenue each year. The financial services provider earns $324.09 million in net income (profit) each year or $7.33 on an earnings per share basis. Primerica employs 1,899 workers across the globe.View Additional Information About Primerica.
What is Primerica's official website?
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)
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.
