NYSE:PRI - Primerica Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$119.50 -0.23 (-0.19 %)
(As of 02/19/2019 04:00 PM ET)
Previous Close$119.73
Today's Range$118.14 - $120.62
52-Week Range$90.05 - $128.35
Volume253,944 shs
Average Volume204,589 shs
Market Capitalization$5.13 billion
P/E Ratio16.30
Dividend Yield0.84%
Beta1.39
Primerica, Inc., together with its subsidiaries, distributes 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 distributes and sells 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, long-term care insurance, home automation solutions, and mortgage loan referrals; 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.

Receive PRI News and Ratings via Email

Sign-up to receive the latest news and ratings for PRI and its competitors with MarketBeat's FREE daily newsletter.

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$1.90 billion
Cash Flow$10.8834 per share
Book Value$34.04 per share

Profitability

Net Income$324.09 million

Miscellaneous

Employees2,104
Market Cap$5.13 billion
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 Thursday, February 7th. Stockholders of record on Wednesday, February 20th will be given a dividend of $0.34 per share on Friday, March 15th. This represents a $1.36 annualized dividend and a dividend yield of 1.14%. The ex-dividend date is Tuesday, February 19th. This is an increase from Primerica's previous quarterly dividend of $0.25. View Primerica's Dividend History.

How will Primerica's stock buyback program work?

Primerica declared that its board has authorized a share buyback plan on Thursday, February 7th 2019, which allows the company to buyback $275,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 5.6% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board believes its shares are undervalued.

How were Primerica's earnings last quarter?

Primerica, Inc. (NYSE:PRI) released its earnings results on Thursday, February, 7th. The financial services provider reported $2.01 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.88 by $0.13. The financial services provider had revenue of $487.33 million for the quarter, compared to analyst estimates of $486.75 million. Primerica had a net margin of 17.06% and a return on equity of 22.63%. The business's quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.60 earnings per share. View Primerica's Earnings History.

When is Primerica's next earnings date?

Primerica is scheduled to release their next quarterly earnings announcement on Tuesday, May 14th 2019. View Earnings Estimates for Primerica.

What price target have analysts set for PRI?

5 brokers have issued 12-month price objectives for Primerica's stock. Their predictions range from $102.00 to $135.00. On average, they expect Primerica's stock price to reach $115.00 in the next twelve months. This suggests that the stock has a possible downside of 3.8%. View Analyst Price Targets for Primerica.

What is the consensus analysts' recommendation for Primerica?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Primerica in the last year. There are currently 1 sell rating, 3 hold ratings 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?

Media coverage about PRI stock has trended somewhat positive recently, according to InfoTrie Sentiment. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Primerica earned a coverage optimism score of 0.9 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Who are some of Primerica's key competitors?

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 (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 BlackRock Inc. (10.40%), Kayne Anderson Rudnick Investment Management LLC (9.11%), Dimensional Fund Advisors LP (2.42%), Cantillon Capital Management LLC (2.20%), Victory Capital Management Inc. (1.82%) and Northern Trust Corp (1.61%). Company insiders that own Primerica stock include Alison S Rand, Barbara A Yastine, Glenn J Williams, Gregory C Pitts, P George Benson, Peter W Schneider, Robert F Mccullough and William A Kelly. 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 Kayne Anderson Rudnick Investment Management LLC, Macquarie Group Ltd., Bank of New York Mellon Corp, AGF Investments Inc., Dimensional Fund Advisors LP, Millennium Management LLC, BlackRock Inc. and Brown Advisory Inc.. Company insiders that have sold Primerica company stock in the last year include Alison S Rand, Barbara A Yastine, Glenn J Williams, Gregory C Pitts, P George Benson, Peter W Schneider, Robert F Mccullough and William A Kelly. View Insider Buying and Selling for Primerica.

Which institutional investors are buying Primerica stock?

PRI stock was acquired by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, Royal London Asset Management Ltd., Rhumbline Advisers, Geode Capital Management LLC, State of Tennessee Treasury Department, Thrivent Financial for Lutherans, Chicago Equity Partners LLC and Victory Capital Management Inc.. 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, Scottrade, Fidelity and Charles Schwab.

What is Primerica's stock price today?

One share of PRI stock can currently be purchased for approximately $119.50.

How big of a company is Primerica?

Primerica has a market capitalization of $5.13 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 2,104 workers across the globe.

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:  611 (Vote Outperform)
Underperform Votes:  493 (Vote Underperform)
Total Votes:  1,104
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 2/19/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel