Primerica Stock Today

PRI Stock  USD 294.58  3.25  1.09%   

Performance

12 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 9

 
High
 
Low
Low
Primerica is trading at 294.58 as of the 21st of November 2024. This is a 1.09 percent decrease since the beginning of the trading day. The stock's open price was 297.83. Primerica has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Note, on September 18, 2024, Representative Michael McCaul of US Congress acquired under $15k worth of Primerica's common stock.
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 175.56 K shares are at this time shorted by investors with about 1.47 days to cover. More on Primerica

Moving together with Primerica Stock

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Moving against Primerica Stock

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  0.41CNO-PA CNO Financial GroupPairCorr

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, Insurance Providers, Financials, Insurance, Insurance—Life, Financial Services (View all Sectors)
Average Analyst Recommendation
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 175.56 K shares are at this time shorted by investors with about 1.47 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 on September 18, 2024, Representative Michael McCaul of US Congress acquired under $15k worth of Primerica's common stock.
Check Primerica Ownership Details

Primerica Stock Institutional Holders

InstituionRecorded OnShares
Lyrical Asset Management Lp2024-06-30
642.5 K
Dimensional Fund Advisors, Inc.2024-09-30
617.2 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 Inc2024-09-30
332.5 K
Northern Trust Corp2024-09-30
300.1 K
Kayne Anderson Rudnick Investment Management Llc2024-06-30
3.6 M
Vanguard Group Inc2024-09-30
3.5 M
View Primerica Diagnostics

Primerica Historical Income Statement

As of now, Primerica's EBITDA is increasing as compared to previous years. The Primerica's current Cost Of Revenue is estimated to increase to about 359.3 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.
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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
19.74
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.