Primerica Stock Today
| PRI Stock | USD 218.39 0.88 0.40% |
Performance0 of 100
| Odds Of DistressLess than 3
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Primerica is trading at 218.39 as of the 23rd of April 2024. This is a 0.40 percent up since the beginning of the trading day. The stock's open price was 217.51. Primerica has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Primerica are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Insurance | IPO Date 1st of April 2010 | Category Financial Services | Classification Financials |
Primerica, Inc., together with its subsidiaries, provides financial products to middle-income households in the United States and Canada. Primerica, Inc. was founded in 1927 and is headquartered in Duluth, Georgia. Primerica operates under InsuranceLife classification in the United States and is traded on New York Stock Exchange. The company has 34.7 M outstanding shares of which 360.78 K shares are at this time shorted by investors with about 3.12 days to cover. More on Primerica
Moving together with Primerica Stock
| 0.63 | GL | Globe Life Trending | PairCorr |
| 0.68 | MET-PE | MetLife Preferred Stock | PairCorr |
| 0.72 | MET-PF | MetLife Preferred Stock | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 13th of May 2024
Primerica Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Primerica's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Primerica or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | John Adams | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Life & Health Insurance, Insurance - Life, Financial Services, NYSE Composite, SP Midcap 400, WSE WIG INDEX, Financials, Insurance, Insurance—Life, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Primerica report their recommendations after researching Primerica's financial statements, talking to executives and customers, or listening in on Primerica's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Primerica. The Primerica consensus assessment is calculated by taking the average forecast from all of the analysts covering Primerica. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from Primerica's financial statements, Primerica is doing better financially then in previous quarter. It has a moderate chance of reporting better financial numbers in May. Financial strength of Primerica is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Primerica's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Primerica's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Primerica's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Primerica's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Primerica's financial leverage. It provides some insight into what part of Primerica's total assets is financed by creditors.
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Primerica (PRI) is traded on New York Stock Exchange in USA. It is located in 1 Primerica Parkway, Duluth, GA, United States, 30099 and employs 2,849 people. Primerica is listed under Life & Health Insurance category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 7.55 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Primerica's market, we take the total number of its shares issued and multiply it by Primerica's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Primerica runs under Insurance sector within Financials industry. The entity has 34.7 M outstanding shares of which 360.78 K shares are at this time shorted by investors with about 3.12 days to cover.
Primerica has about 489.24 M in cash with 692.52 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.01.
Check Primerica Probability Of Bankruptcy
Ownership AllocationPrimerica owns a total of 34.7 Million outstanding shares. The majority of Primerica outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Primerica to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Primerica. Please pay attention to any change in the institutional holdings of Primerica as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Primerica Ownership Details
Primerica Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of Primerica jumping above the current price in 90 days from now is over 95.36%. The Primerica probability density function shows the probability of Primerica stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Primerica has a beta of 0.9108 indicating Primerica market returns are responsive to returns on the market. As the market goes up or down, Primerica is expected to follow. Additionally, primerica has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Primerica to move above the current price in 90 days from now is over 95.36 (This Primerica probability density function shows the probability of Primerica Stock to fall within a particular range of prices over 90 days) .
Primerica Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Primerica that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Primerica's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Primerica's value.| Instituion | Recorded On | Shares | |
| Agf Management Ltd | 2023-12-31 | 555.8 K | |
| Fiduciary Management, Inc. Of Milwaukee | 2023-12-31 | 469.4 K | |
| Wells Fargo & Co | 2023-12-31 | 420.2 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 397.4 K | |
| Amvescap Plc. | 2023-12-31 | 351.3 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 332.3 K | |
| T. Rowe Price Associates, Inc. | 2023-12-31 | 290.3 K | |
| Northern Trust Corp | 2023-12-31 | 285.5 K | |
| Quantum Capital Management, Llc | 2023-12-31 | 282.3 K | |
| Kayne Anderson Rudnick Investment Management Llc | 2023-12-31 | 3.7 M | |
| Vanguard Group Inc | 2023-12-31 | 3.7 M |
Primerica Historical Income Statement
Primerica Income Statement is one of the three primary financial statements used for reporting Primerica's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Primerica revenue and expense. Primerica Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Primerica's Operating Income is increasing as compared to previous years. The Primerica's current Cost Of Revenue is estimated to increase to about 359.3 M, while Selling And Marketing Expenses is projected to decrease to under 357.3 M. View More FundamentalsPrimerica Stock Against Markets
Picking the right benchmark for Primerica stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Primerica stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Primerica is critical whether you are bullish or bearish towards Primerica at a given time. Please also check how Primerica's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Primerica without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Primerica Corporate Directors
Primerica corporate directors refer to members of a Primerica board of directors. The board of directors generally takes responsibility for the Primerica's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Primerica's board members must vote for the resolution. The Primerica board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Joel Babbit | Independent Director | Profile | |
| Sanjeev Dheer | Independent Director | Profile | |
| C Chambliss | Independent Director | Profile | |
| Beatriz Perez | Independent Director | Profile |
How to buy Primerica Stock?
Before investing in Primerica, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Primerica. To buy Primerica stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Primerica. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Primerica stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Primerica stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Primerica stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Primerica, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Primerica Stock please use our How to Invest in Primerica guide.
Already Invested in Primerica?
The danger of trading Primerica is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Primerica is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Primerica. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Primerica is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Primerica offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Primerica's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Primerica Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Primerica Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primerica. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Primerica Stock please use our How to Invest in Primerica guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Primerica Stock analysis
When running Primerica's price analysis, check to measure Primerica's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Primerica is operating at the current time. Most of Primerica's value examination focuses on studying past and present price action to predict the probability of Primerica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Primerica's price. Additionally, you may evaluate how the addition of Primerica to your portfolios can decrease your overall portfolio volatility.
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Is Primerica's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Primerica. If investors know Primerica will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Primerica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.091 | Dividend Share 2.7 | Earnings Share 15.94 | Revenue Per Share 80.135 | Quarterly Revenue Growth 0.056 |
The market value of Primerica is measured differently than its book value, which is the value of Primerica that is recorded on the company's balance sheet. Investors also form their own opinion of Primerica's value that differs from its market value or its book value, called intrinsic value, which is Primerica's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Primerica's market value can be influenced by many factors that don't directly affect Primerica's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Primerica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Primerica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primerica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.