Primerica Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Primerica in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Primerica stock.
View analyst ratings for Primerica or view top-rated stocks.

Wall Street analysts have given Primerica a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Primerica wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Primerica is scheduled to release its next quarterly earnings announcement on Wednesday, November 3rd 2021.
View our earnings forecast for Primerica.

Primerica, Inc. (NYSE:PRI) released its quarterly earnings data on Thursday, August, 5th. The financial services provider reported $3.25 earnings per share for the quarter, beating analysts' consensus estimates of $2.88 by $0.37. The financial services provider had revenue of $654.16 million for the quarter, compared to analyst estimates of $617.60 million. Primerica had a net margin of 17.82% and a trailing twelve-month return on equity of 23.32%.
View Primerica's earnings history.

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. Since then, PRI shares have increased by 51.7% and is now trading at $147.09.
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Primerica declared a quarterly dividend on Thursday, August 5th. Shareholders of record on Friday, August 20th will be given a dividend of $0.47 per share on Tuesday, September 14th. This represents a $1.88 annualized dividend and a yield of 1.28%. The ex-dividend date is Thursday, August 19th.
View Primerica's dividend history.

Primerica pays an annual dividend of $1.88 per share and currently has a dividend yield of 1.30%. Primerica does not yet have a strong track record of dividend growth. The dividend payout ratio of Primerica is 19.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Primerica will have a dividend payout ratio of 14.65% next year. This indicates that Primerica will be able to sustain or increase its dividend.
View Primerica's dividend history.

Primerica announced that its Board of Directors has approved a stock buyback program 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 reacquire up to 5.4% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's board believes its stock is undervalued.

3 brokerages have issued 12 month target prices for Primerica's shares. Their forecasts range from $140.00 to $188.00. On average, they anticipate Primerica's share price to reach $171.50 in the next year. This suggests a possible upside of 16.6% from the stock's current price.
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), 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 many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.49%), Kayne Anderson Rudnick Investment Management LLC (10.49%), BlackRock Inc. (8.31%), FMR LLC (6.34%), Bamco Inc. NY (5.34%) and Brave Warrior Advisors LLC (4.75%). Company insiders that own Primerica stock include Alison S Rand, Glenn J Williams, Gregory C Pitts, Joel M Babbit, John A Jr Addison 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 BlackRock Inc., Macquarie Group Ltd., Wells Fargo & Company MN, Lazard Asset Management LLC, Goldman Sachs Group Inc., Westfield Capital Management Co. LP, Geode Capital Management LLC, and Russell Investments Group Ltd.. Company insiders that have sold Primerica company stock in the last year include Alison S Rand, Glenn J Williams, Gregory C Pitts, Joel M Babbit, John A Jr Addison, and Peter W Schneider.
View insider buying and selling activity for Primerica or view top insider-selling stocks.

PRI stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Kayne Anderson Rudnick Investment Management LLC, State Street Corp, AGF Investments Inc., AXA S.A., Panagora Asset Management Inc., First Trust Advisors LP, and Vanguard Group Inc..
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 $147.09.

Primerica has a market capitalization of $5.81 billion and generates $2.22 billion in revenue each year. The financial services provider earns $386.16 million in net income (profit) each year or $9.70 on an earnings per share basis.

Primerica employs 1,966 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].