Primerica (PRI) Given News Sentiment Score of 0.13

Media headlines about Primerica (NYSE:PRI) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Primerica earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 46.3056428939003 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:

How to Become a New Pot Stock Millionaire

Shares of Primerica stock opened at $95.85 on Friday. Primerica has a 1 year low of $70.00 and a 1 year high of $108.05. The company has a market cap of $4,331.46, a PE ratio of 12.53, a price-to-earnings-growth ratio of 1.35 and a beta of 1.14.

Primerica (NYSE:PRI) last issued its quarterly earnings results on Wednesday, February 7th. The financial services provider reported $1.60 EPS for the quarter, topping the consensus estimate of $1.43 by $0.17. Primerica had a net margin of 20.74% and a return on equity of 19.47%. The firm had revenue of $442.94 million for the quarter, compared to analysts’ expectations of $435.87 million. During the same period in the previous year, the business earned $1.19 earnings per share. Primerica’s revenue for the quarter was up 12.5% compared to the same quarter last year. sell-side analysts expect that Primerica will post 7.24 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Friday, March 16th. Shareholders of record on Thursday, February 15th were given a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, February 14th. This is a boost from Primerica’s previous quarterly dividend of $0.20. This represents a $1.00 annualized dividend and a yield of 1.04%. Primerica’s payout ratio is 13.07%.

Primerica announced that its Board of Directors has approved a stock repurchase program on Wednesday, February 7th that allows the company to repurchase $225.00 million in outstanding shares. This repurchase authorization allows the financial services provider to repurchase shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management believes its shares are undervalued.

Several brokerages have commented on PRI. SunTrust Banks boosted their price target on shares of Primerica to $112.00 and gave the stock a “hold” rating in a research report on Monday, January 22nd. ValuEngine upgraded shares of Primerica from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Wells Fargo reiterated a “market perform” rating and issued a $100.00 price target (up from $95.00) on shares of Primerica in a research report on Tuesday, January 9th. Finally, Zacks Investment Research cut shares of Primerica from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Primerica has a consensus rating of “Hold” and a consensus target price of $101.25.

In other Primerica news, CFO Alison S. Rand sold 2,000 shares of the business’s stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $100.95, for a total transaction of $201,900.00. Following the sale, the chief financial officer now owns 31,385 shares in the company, valued at approximately $3,168,315.75. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Robert F. Mccullough sold 500 shares of the business’s stock in a transaction dated Monday, March 5th. The stock was sold at an average price of $95.90, for a total value of $47,950.00. Following the sale, the director now owns 18,585 shares in the company, valued at approximately $1,782,301.50. The disclosure for this sale can be found here. Over the last quarter, insiders sold 17,482 shares of company stock worth $1,770,883. 0.86% of the stock is owned by company insiders.

COPYRIGHT VIOLATION NOTICE: “Primerica (PRI) Given News Sentiment Score of 0.13” was published by Ticker Report and is the property of of Ticker Report. If you are accessing this report on another domain, it was copied illegally and republished in violation of U.S. & international trademark & copyright laws. The correct version of this report can be read at https://www.tickerreport.com/banking-finance/3297881/primerica-pri-given-news-sentiment-score-of-0-13.html.

About Primerica

Primerica Inc (Primerica) is a distributor of financial products to middle-income households in the United States and Canada. The Company operates through three segments: Term Life Insurance, Investment and Savings Products, and Corporate and Other Distributed Products. The Term Life Insurance segment includes underwriting profits on its in-force book of term life insurance policies, net of reinsurance, which are underwritten by its life insurance company subsidiaries.

Insider Buying and Selling by Quarter for Primerica (NYSE:PRI)

Receive News & Ratings for Primerica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Primerica and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Jewett-Cameron Trading Co  Stake Held by Fort Nelson Partners, LP
Jewett-Cameron Trading Co Stake Held by Fort Nelson Partners, LP
Greenhill & Co.  and GAMCO Investors  Critical Review
Greenhill & Co. and GAMCO Investors Critical Review
STRAKS Tops 1-Day Volume of $24,012.00
STRAKS Tops 1-Day Volume of $24,012.00
KlondikeCoin  Achieves Market Capitalization of $0.00
KlondikeCoin Achieves Market Capitalization of $0.00
Roku  and Its Competitors Head to Head Survey
Roku and Its Competitors Head to Head Survey
Pentair  vs. Metso  Financial Analysis
Pentair vs. Metso Financial Analysis


© 2006-2018 Ticker Report. Google+.