NYSE:PRI Primerica (PRI) Stock Price, News & Analysis $254.99 -2.96 (-1.15%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$253.68▼$260.3350-Day Range$233.01▼$263.2952-Week Range$184.76▼$265.27Volume105,401 shsAverage Volume160,060 shsMarket Capitalization$8.63 billionP/E Ratio15.52Dividend Yield1.41%Price Target$275.20 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Primerica alerts: Email Address Primerica MarketRank™ Stock AnalysisAnalyst RatingHold2.17 Rating ScoreUpside/Downside7.9% Upside$275.20 Price TargetShort InterestHealthy0.93% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.71Upright™ Environmental ScoreNews Sentiment0.56Based on 5 Articles This WeekInsider TradingSelling Shares$1.82 M Sold Last QuarterProj. Earnings Growth11.38%From $17.92 to $19.96 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.55 out of 5 starsFinance Sector83rd out of 871 stocksLife Insurance Industry8th out of 20 stocks 2.1 Analyst's Opinion Consensus RatingPrimerica has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.Amount of Analyst CoveragePrimerica has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Primerica's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.93% of the float of Primerica has been sold short.Short Interest Ratio / Days to CoverPrimerica has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Primerica has recently increased by 3.95%, indicating that investor sentiment is decreasing. Previous Next 4.2 Dividend Strength Dividend YieldPrimerica pays a meaningful dividend of 1.37%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPrimerica has been increasing its dividend for 15 years.Dividend CoverageThe dividend payout ratio of Primerica is 21.91%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Primerica will have a dividend payout ratio of 18.04% next year. This indicates that Primerica will be able to sustain or increase its dividend.Read more about Primerica's dividend. Previous Next 3.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePrimerica has received a 31.16% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Life insurance services for individuals", "Home insurance services for individuals", and "Home contents insurance services for individuals" products. See details.Environmental SustainabilityThe Environmental Impact score for Primerica is -0.71. Previous Next 2.0 News and Social Media Coverage News SentimentPrimerica has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Primerica this week, compared to 6 articles on an average week.Search Interest12 people have searched for PRI on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added Primerica to their MarketBeat watchlist in the last 30 days. This is a decrease of -59% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Primerica insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,817,595.00 in company stock.Percentage Held by InsidersOnly 0.85% of the stock of Primerica is held by insiders.Percentage Held by Institutions90.88% of the stock of Primerica is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Primerica's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Primerica are expected to grow by 11.38% in the coming year, from $17.92 to $19.96 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Primerica is 15.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Primerica is 15.52, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 31.96.Price to Book Value per Share RatioPrimerica has a P/B Ratio of 4.32. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Primerica's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Deal MakerThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.Learn more about this much-needed advancement and investment opportunity here. About Primerica Stock (NYSE:PRI)Primerica, Inc., together with its subsidiaries, provides financial products and services to middle-income households in the United States and Canada. The company operates in four segments: Term Life Insurance; Investment and Savings Products; Senior Health; and Corporate and Other Distributed Products. The Term Life Insurance segment underwrites individual term life insurance products. The Investment and Savings Products segment provides mutual funds and various retirement plans, managed investments, variable and fixed annuities, and fixed indexed annuities. The Senior Health segment offers segregated funds; and medicare advantage and supplement plans. The Corporate and Other Distributed Products segment provides mortgage loans; 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; ID theft defense services; auto and homeowners' insurance; home automation solutions; and insurance products, including supplemental and accidental death, and disability insurance. It distributes and sells its products through licensed sales representatives. Primerica, Inc. was founded in 1927 and is headquartered in Duluth, Georgia.Read More PRI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PRI Stock News HeadlinesAugust 28, 2024 | insidertrades.comPeter W. Schneider Sells 1,500 Shares of Primerica, Inc. (NYSE:PRI) StockAugust 27, 2024 | insidertrades.comInsider Selling: Primerica, Inc. (NYSE:PRI) President Sells 1,500 Shares of StockSeptember 7, 2024 | Timothy Sykes (Ad)Tim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…August 14, 2024 | insidertrades.comGlenn J. Williams Sells 3,000 Shares of Primerica, Inc. (NYSE:PRI) StockSeptember 3, 2024 | finance.yahoo.comReport: Women Increasingly Serving as "CFO" of Their Households, yet Uncertain About Achieving Financial GoalsSeptember 1, 2024 | americanbankingnews.comPrimerica (NYSE:PRI) Downgraded to Hold at StockNews.comAugust 31, 2024 | marketwatch.comPrimerica Life Insurance Review (2024)August 31, 2024 | markets.businessinsider.comPrimerica Hold Rating: Strong Positioning Offset by Fair Valuation and Potential RisksSeptember 7, 2024 | Timothy Sykes (Ad)Tim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…August 31, 2024 | msn.comPiper Sandler Initiates Coverage of Primerica (PRI) with Neutral RecommendationAugust 30, 2024 | usnews.comWhat Is an Irrevocable Beneficiary?August 30, 2024 | benzinga.comWhat 7 Analyst Ratings Have To Say About PrimericaAugust 30, 2024 | americanbankingnews.comPiper Sandler Begins Coverage on Primerica (NYSE:PRI)August 28, 2024 | americanbankingnews.comAnalysts Set Primerica, Inc. (NYSE:PRI) Target Price at $273.25August 28, 2024 | americanbankingnews.comPrimerica (NYSE:PRI) Lifted to Buy at StockNews.comAugust 28, 2024 | americanbankingnews.comPrimerica (NYSE:PRI) Lifted to "Buy" at StockNews.comAugust 28, 2024 | msn.comSurvey Finds 46% Of Middle-Class Workers Are Halting Or Cutting Their Retirement Contributions Due To Relentless Rise In Cost Of LivingAugust 28, 2024 | finance.yahoo.comPrimerica Household Budget Index™: Purchasing Power for Middle-Income Families Held Steady in JulySee More Headlines Receive PRI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Primerica and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 6/12 Dividend5/20/2024Dividend Payable6/12/2024Last Earnings8/07/2024Ex-Dividend for 9/12 Dividend8/21/2024Today9/07/2024Dividend Payable9/12/2024Next Earnings (Estimated)11/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Life insurance Sub-IndustryLife & Health Insurance Current SymbolNYSE:PRI CUSIP74164M10 CIK1475922 Webwww.primerica.com Phone(770) 381-1000FaxN/AEmployees3,450Year FoundedN/APrice Target and Rating Average Stock Price Target$275.20 High Stock Price Target$300.00 Low Stock Price Target$249.00 Potential Upside/Downside+7.9%Consensus RatingHold Rating Score (0-4)2.17 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$16.43 Trailing P/E Ratio15.52 Forward P/E Ratio14.23 P/E GrowthN/ANet Income$576.60 million Net Margins14.85% Pretax Margin19.54% Return on Equity27.81% Return on Assets4.10% Debt Debt-to-Equity RatioN/A Current Ratio0.42 Quick Ratio0.42 Sales & Book Value Annual Sales$2.82 billion Price / Sales3.06 Cash Flow$24.52 per share Price / Cash Flow10.40 Book Value$58.97 per share Price / Book4.32Miscellaneous Outstanding Shares33,830,000Free Float34,119,000Market Cap$8.63 billion OptionableOptionable Beta1.09 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Glenn Jackson Williams (Age 65)CEO & Director Comp: $1.98MMr. Peter Wayne Schneider (Age 68)President Comp: $1.68MMs. Tracy Xiangyan Tan (Age 53)Executive VP & CFO Comp: $1.03MMr. Gregory Carl Pitts (Age 61)Executive VP & COO Comp: $1.19MMr. Nicholas Adam Jendusa (Age 42)Principal Accounting Officer, Executive VP & Controller Mr. Michael Craig Adams (Age 67)Executive VP & Chief Business Technology Officer Ms. Lisa Abraham Brown (Age 54)Executive VP & Chief Administrative Officer Ms. Nicole RussellSenior Vice President of Investor RelationsMr. Jeffrey Scott Fendler (Age 67)Executive VP and Chief Compliance & Risk Officer Mr. Brett Allan Rogers (Age 59)Executive VP & General Counsel More ExecutivesKey CompetitorsUnum GroupNYSE:UNMLincoln NationalNYSE:LNCCNO Financial GroupNYSE:CNOCitizensNYSE:CIAAflacNYSE:AFLView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 4,642 shares on 9/5/2024Ownership: 0.014%Dana Investment Advisors Inc.Bought 400 shares on 8/27/2024Ownership: 0.010%Peter W SchneiderSold 1,500 sharesTotal: $391,665.00 ($261.11/share)Truist Financial CorpBought 630 shares on 8/21/2024Ownership: 0.023%B. Riley Wealth Advisors Inc.Sold 939 shares on 8/19/2024Ownership: 0.005%View All Insider TransactionsView All Institutional Transactions PRI Stock Analysis - Frequently Asked Questions How have PRI shares performed this year? Primerica's stock was trading at $205.76 at the start of the year. Since then, PRI stock has increased by 23.9% and is now trading at $254.99. View the best growth stocks for 2024 here. How were Primerica's earnings last quarter? Primerica, Inc. (NYSE:PRI) released its quarterly earnings results on Wednesday, August, 7th. The financial services provider reported $4.71 earnings per share for the quarter, beating analysts' consensus estimates of $4.47 by $0.24. The business's quarterly revenue was up 16.7% compared to the same quarter last year. Is Primerica buying back stock? Primerica's board authorized a stock buyback plan on Thursday, November 16th 2023, which allows the company to buy back $425,000,000 in shares, according to EventVestor. This means that the company could buy up to 5.8% of its shares through open market purchases. Shares buyback plans are often a sign that the company's board believes its shares are undervalued. What is Glen Williams' approval rating as Primerica's CEO? 413 employees have rated Primerica Chief Executive Officer Glen Williams on Glassdoor.com. Glen Williams has an approval rating of 95% among the company's employees. This puts Glen Williams in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. Who are Primerica's major shareholders? Top institutional investors of Primerica include Kayne Anderson Rudnick Investment Management LLC (10.48%), Burgundy Asset Management Ltd. (3.60%), Millennium Management LLC (2.01%) and AGF Management Ltd. (1.93%). Insiders that own company stock include Glenn J Williams, John A Jr Addison, P George Benson, Peter W Schneider, Alison S Rand, Gregory C Pitts and Nicholas Adam Jendusa. View institutional ownership trends. How do I buy shares of Primerica? Shares of PRI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Primerica own? Based on aggregate information from My MarketBeat watchlists, some other companies that Primerica investors own include Tesla (TSLA), Alibaba Group (BABA), Gilead Sciences (GILD), QUALCOMM (QCOM), Cisco Systems (CSCO), General Electric (GE) and Laredo Petroleum (LPI). This page (NYSE:PRI) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A inv...Mode Mobile | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredBiden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial inde...Golden Crest | SponsoredSay Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." ...Sasco Gold LLC | SponsoredChina Stockpiling Gold “Like No Tomorrow”For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a populat...True Gold Republic | SponsoredTrump’s weapon lurks in abandoned AmericaUnemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. ...Porter & Company | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Primerica, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Primerica With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
