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 Date11/6/2019 (Confirmed)
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 declared a quarterly dividend on Wednesday, August 7th. Investors of record on Wednesday, August 21st will be paid a dividend of $0.34 per share on Friday, September 13th. This represents a $1.36 dividend on an annualized basis and a 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 has authorized a share repurchase plan on Thursday, February 7th 2019, which authorizes the company to repurchase $275,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 5.6% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board believes its shares are undervalued.
How were Primerica's earnings last quarter?
Primerica, Inc. (NYSE:PRI) posted its quarterly earnings results on Wednesday, August, 7th. The financial services provider reported $2.21 EPS for the quarter, topping analysts' consensus estimates of $2.14 by $0.07. The financial services provider earned $504.90 million during the quarter, compared to analysts' expectations of $503.84 million. Primerica had a return on equity of 22.77% and a net margin of 17.66%. The business's revenue for the quarter was up 7.9% compared to the same quarter last year. During the same period in the previous year, the company earned $1.93 earnings per share. View Primerica's Earnings History.
When is Primerica's next earnings date?
How can I listen to Primerica's earnings call?
Primerica will be holding an earnings conference call on Wednesday, November 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What price target have analysts set for PRI?
2 Wall Street analysts have issued 1 year target prices for Primerica's shares. Their forecasts 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 3.3% 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 been trending somewhat negative recently, according to InfoTrie. The research group ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Primerica earned a coverage optimism score of -1.9 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Primerica.
Are investors shorting Primerica?
Primerica saw a increase in short interest in September. As of September 30th, there was short interest totalling 627,500 shares, an increase of 25.1% from the August 30th total of 501,600 shares. Based on an average daily volume of 239,200 shares, the short-interest ratio is currently 2.6 days. Approximately 1.5% of the company's stock are short sold. View Primerica's Current Options Chain.
Who are some of Primerica's key competitors?
Some companies that are related to Primerica include 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), Genworth Financial (GNW) and American Equity Investment Life (AEL).
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 institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.13%), Pacer Advisors Inc. (0.04%), Nisa Investment Advisors LLC (0.02%), State of Alaska Department of Revenue (0.02%), Toth Financial Advisory Corp (0.00%) and First Hawaiian Bank (0.00%). 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 Pacer Advisors Inc. and Nisa Investment Advisors LLC. 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 purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Envestnet Asset Management Inc., Toth Financial Advisory Corp, First Hawaiian Bank and Campbell & CO Investment Adviser 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 $123.96.
How big of a company is Primerica?
Primerica has a market capitalization of $5.19 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.
