Primerica Stock Today

PRI Stock  USD 297.73  7.08  2.44%   

Performance

17 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
Primerica is trading at 297.73 as of the 11th of November 2024. This is a 2.44 percent increase since the beginning of the trading day. The stock's open price was 290.65. Primerica has a very small chance of experiencing financial distress in the next few years and had a solid performance during 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 12th of October 2024 and ending today, the 11th of November 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 33.37 M outstanding shares of which 219.08 K shares are at this time shorted by investors with about 1.48 days to cover. More on Primerica

Moving together with Primerica Stock

  0.64FG FG Annuities LifePairCorr
  0.71GL Globe LifePairCorr

Moving against Primerica Stock

  0.82FLFG Federal Life GroupPairCorr
  0.72ABL Abacus LifePairCorr

Primerica Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOJohn Adams
Thematic IdeaInsurance Providers (View all Themes)
Business ConcentrationLife & Health Insurance, Insurance - Life, Financial Services, NYSE Composite, SP Midcap 400, WSE WIG INDEX, Insurance Providers, Financials, Insurance, Insurance—Life, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.05040.048
Sufficiently Up
Slightly volatile
Asset Turnover0.120.2344
Way Down
Slightly volatile
Gross Profit Margin0.70.8804
Significantly Down
Pretty Stable
Non Current Liabilities Total6.2 B12.2 B
Way Down
Pretty Stable
Total Assets13.4 B12 B
Moderately Up
Slightly volatile
Total Current Assets1.2 B1.2 B
Notably Down
Slightly volatile
Total Cash From Operating Activities475.3 M692.5 M
Way Down
Slightly volatile
Debt Levels
Primerica can leverage 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.
Liquidity
Primerica has 2.04 B in debt with debt to equity (D/E) ratio of 1.21, which is OK given its current industry classification. Primerica has a current ratio of 3.91, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Primerica to invest in growth at high rates of return.

Change In Working Capital

376.18 Million
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 9.94 B. Primerica runs under Insurance sector within Financials industry. The entity has 33.37 M outstanding shares of which 219.08 K shares are at this time shorted by investors with about 1.48 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 Allocation
Primerica owns a total of 33.37 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 Institutional Holders

InstituionRecorded OnShares
Lyrical Asset Management Lp2024-06-30
642.5 K
Dimensional Fund Advisors, Inc.2024-06-30
637.8 K
Amvescap Plc.2024-06-30
589.4 K
Fiduciary Management, Inc. Of Milwaukee2024-06-30
482.6 K
Morgan Stanley - Brokerage Accounts2024-06-30
433.3 K
Wells Fargo & Co2024-06-30
388.9 K
Bank Of New York Mellon Corp2024-06-30
372.6 K
Charles Schwab Investment Management Inc2024-06-30
334.9 K
Northern Trust Corp2024-06-30
280.4 K
Kayne Anderson Rudnick Investment Management Llc2024-06-30
3.6 M
Vanguard Group Inc2024-06-30
3.6 M
View Primerica Diagnostics

Primerica Historical Income Statement

As of now, Primerica's Total Operating Expenses is increasing as compared to previous years. The Primerica's current Total Other Income Expense Net is estimated to increase to about 789.3 M, while Depreciation And Amortization is projected to decrease to under 17.7 M. View More Fundamentals

Primerica Stock Against Markets

Primerica Corporate Directors

Joel BabbitIndependent DirectorProfile
Sanjeev DheerIndependent DirectorProfile
C ChamblissIndependent DirectorProfile
Beatriz PerezIndependent DirectorProfile
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 closely tied 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.
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Is Life & Health Insurance space 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
0.143
Dividend Share
3.3
Earnings Share
19.95
Revenue Per Share
90.798
Quarterly Revenue Growth
0.107
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.