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How to Buy Primerica Stock

Primerica Inc

Primerica is a property & casualty insurance company located in Georgia, United States, which is part of the Financial Services sector, and is traded under the ticker PRI on the NYSE exchange.

Primerica stock last closed at $210.09, down 0.73% from the previous day, and has increased 15.4% in one year. It has underperformed other stocks in the Insurance - Life industry by 0.17 percentage points. Primerica stock is currently +21.44% from its 52-week low of $173.00, and -18.11% from its 52-week high of $256.56.

As of Apr 18, 2024, there are 34.85M shares of PRI outstanding. The market cap of PRI is $7.32B. In the last 24 hours, 1.7M PRI shares were traded.

How to Buy Primerica Stock

Wondering how to invest in Primerica stock? Here's how.
  1. Decide where to buy Primerica stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you decide where to buy Primerica stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Select your method of payment and add your details.
  4. Analyze Primerica stock: The Primerica ticker symbol is PRI. Is Primerica stock a good investment? Should you buy shares of PRI? How do PRI's underlying business fundamentals look? Do top analysts think Primerica is a good buy? Why has PRI's stock price moved recently? (Hint: Our stock market research website can help you understand if PRI is a good stock to buy).
  5. Execute your PRI trade: Decide if you will purchase PRI shares at the current market price or use a limit order to purchase PRI shares at a specific price.
  6. Get key alerts regarding your investment in PRI: Create a watchlist to important notifications about your investment in Primerica stock.

Step 1: Decide where to buy Primerica stock

You need an online brokerage account to access the NYSE market and buy PRI shares.

A brokerage account is an investment account that allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've picked the right brokerage, you need to fill out some personal details so you are able to buy PRI stock today.

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Step 3: Deposit money your investment account

Now that you've filled out your info on the best stock trading app, you can securely and quickly fund your account:

Check out the walkthrough below if you need help transferring money into your investment account.

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Step 4: Analyze Primerica stock

After you have chosen the best place to buy Primerica stock, it's very important to evaluate their stock prior to buying, so you actually comprehend the risk and opportunity.

Primerica Numbers

PRI Price
$210.09
1w %
-5.95%
1y %
15.4%
5y %
66.79%
P/E
13.16x
P/B
3.54x
P/S
2.68x
PEG
2.08x
Revenue
$2.82B
Earnings
$576.60M
Fore. Rev. Growth
5.11%
Fore. Earn. Growth
6.33%
Market Cap
$7.32B
Next Earnings
May 6, 2024
Next Dividend
N/A

PRI Overview

WallStreetZen was created to help everyday investors do more accurate fundamental analysis quickly.

You can view all of the due diligence checks on PRI's stock page.

What is the fair value of PRI stock?

You can use many financial metrics, analyses, models, and charts to gauge PRI's intrinsic value.

Using relative valuations measures:

  • PRI may be undervalued based on its P/E ratio of 13.16x, relative to Insurance - Life industry P/E ratio of 16.06x
  • PRI may be overvalued based on its P/B ratio of 3.54x, relative to Insurance - Life industry P/B ratio of 1.35x
  • PRI may be overvalued based on its PEG ratio of 2.08x

You can do more valuation analysis on PRI's stock here.

PRI Financial Overview

Pros:

  • PRI earnings of $778.27M is not sufficient to cover its interest payments.
  • PRI profit margin has gone up from 17.4% to 20.5% in the past year.
  • PRI's operating cash flow of $692.52M allows it to safely service it's debt of $655.07M.
  • Total PRI debt is lower than 5 years ago, relative to shareholder equity.

Cons:

  • PRI has a relatively high debt to equity ratio of 6.27.

Is Primerica stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 3 Equities analysts who give recommendations on PRI, the consensus analyst rating on Primerica is a Buy

It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are projecting on the Primerica stock forecast page.

PRI Technicals

SMA10
227.7
SMA20
239.24
SMA50
243.09
SMA100
229.27
SMA200
216.38
MACD
-8.79
MACD Signal
-4.34
MACD Histogram
-4.46
RSI
20.53
Stochastic %K
16.95
Stochastic %D
9.45
StochRSI %K
1.4
StochRSI %D
1.29

How is PRI performing as a company?

Last year, PRI earnings were $576.60M. In the last five year, PRI's earnings have increased by 16.79% per year. This was faster than the Insurance - Life industry average of -2.58%.

Last year, PRI revenue was $2.82B. During the past five year, PRI's revenue has increased by 8.19% per year. This was faster than the Insurance - Life industry average of -1.39%.

Dig into PRI's earnings and revenue performance here.

Who is buying/selling PRI?

Over the past year, executives and large shareholders at PRI have sold more shares than they have bought.

Peter W. Schneider, President of PRI, was the latest PRI insider to sell. They sold $365,115.00 worth of PRI shares on Mar 15, 2024.

Research more about who owns PRI shares here.

Does PRI stock generate passive income?

Primerica pays a dividend of 1.29%, compared to the Insurance - Life industry's average dividend yield of 2.54%. If you owned $1,000 of PRI stock, you would have been paid $12.85 last year.

Primerica dividend payments have consistently grown over the past decade and have remained stable.

Get more analysis about Primerica dividend yield and history here.

What others are saying about PRI

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Execute your PRI trade

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a given dollar amount limit, use a limit order.

Hit the Open button and your broker will place the order.

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Step 6: Get key alerts regarding your investment in PRI

Now that you own some PRI stock, you'll want to stay up-to-date on your shares.

Put PRI on a watchlist to track the most important metrics related to your PRI stock.

PRI Feed

How to Buy Stock in Primerica

To summarize, here are the 6 steps to buy stock in Primerica:

  1. Decide where to buy Primerica stock
  2. Create your brokerage account
  3. Deposit money your investment account
  4. Analyze Primerica stock
  5. Execute your PRI trade
  6. Get key alerts regarding your investment in PRI

If you are looking for a brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get updates on your investment in Primerica, create a watchlist on WallStreetZen today.

NYSE: PRI
$210.09-1.55 (-0.73%)
Updated Apr 18, 2024
Open eToro Account
NYSE: PRI
$210.09-1.55 (-0.73%)
Updated Apr 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Primerica share?

As of Apr 18, 2024, it costs $210.09 to buy one share of Primerica stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.476 shares of PRI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Primerica stock?

According to 3 Wall Street analysts who monitor Primerica, their consensus recommendation is to buy Primerica stock.

What is the best way to buy Primerica stock?

One way to place an order for Primerica stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.