Primerica Stock Price, News & Analysis

Primerica's Household Budget Index (HBI) shows a modest improvement in middle-income households' purchasing power, reaching 99.6% in March 2025. This represents a 0.2% monthly increase and a 1.3% year-over-year gain.

The improvement was driven by decreasing gas prices (-0.9%) and auto insurance costs (-0.6%). However, these gains were partially offset by rising costs in:

• Food prices: +0.3% monthly, +3.4% annually
• Utilities costs: increase noted
• Healthcare expenses: increase noted

The broader Consumer Price Index (CPI) registered at 2.4% in March. When adjusted for middle-income households, the inflation impact rises to 3.0% year-over-year. For necessity items tracked by HBI, the adjusted CPI shows a 2.9% annual increase.

Primerica (NYSE:PRI) has announced its upcoming first quarter 2025 financial results webcast, scheduled for Thursday, May 8, 2025, at 10:00 a.m. (ET). The company will discuss Q1 2025 results, business-related matters, and future expectations during the presentation.

The earnings news release will be distributed after market close on Wednesday, May 7, 2025. Investors can access the earnings release, financial supplement, and live webcast through the Primerica Investors website. A replay of the webcast will remain available for approximately 30 days following the presentation.

Primerica's latest Financial Security Monitor™ (FSM™) reveals increasing financial stress among middle-income Americans, with 62% reporting financial stress, up from 57% in Q4 2024. The survey shows that 46% expect their financial situation to worsen in the coming year, a significant increase from 27% in December 2024.

Key findings include:

• 86% expect food and grocery costs to rise
• 77% anticipate utility cost increases
• 76% predict fuel price increases
• 78% are limiting non-essential purchases
• 52% are considering or already have a second job
• 64% are setting aside emergency funds

The Primerica Household Budget Index™ (HBI™) indicates a 0.3% drop in purchasing power for necessities in February compared to January, primarily driven by rising costs in car insurance, gasoline, and utilities. The survey also reveals that 53% of respondents expect a tax refund in 2024, with plans to save (38%), pay down debt (32%), or settle outstanding bills (30%).

Primerica's Household Budget Index™ (HBI™) reveals continued financial pressure on middle-income families in February, with purchasing power falling to 99.4%, down 0.3% month-over-month but up 0.4% year-over-year. For households earning around $60,000 annually, necessity goods cost approximately $110 more in February compared to January.

Key factors impacting middle-income budgets include:

• Auto insurance costs rose 0.9% in February and over 11% in 12 months
• Gasoline prices increased 1.3% month-over-month
• Overall Consumer Price Index (CPI) reached 2.8%
• Adjusted CPI for middle-income households shows 3.6% year-over-year increase
• Necessity items (food, utilities, gas, auto insurance, health care) saw a 4.2% year-over-year increase

The latest Primerica Household Budget Index™ (HBI™) reveals that middle-income households continue to face significant inflation pressures. The index showed purchasing power for necessities declined to 99.7% in January, dropping 0.6% month-over-month, though up 0.3% year-over-year.

Key factors impacting household budgets include:

• Auto insurance costs rose 2.2% monthly and nearly 12% annually
• Gasoline prices increased 1.8% in January after previous declines
• Utilities costs continued to rise

While the general Consumer Price Index (CPI) showed 3.0% inflation in January, the adjusted impact on middle-income households was 3.6%. For necessity items specifically, the adjusted CPI increase was 4.4% year-over-year, highlighting the disproportionate impact on middle-income families.

Primerica (NYSE: PRI) reported strong Q4 2024 results with total revenues of $788.1 million, up 12% year-over-year. Net income from continuing operations reached $167.7 million (+9%), with earnings per diluted share of $4.98 (+14%).

Key highlights include:

• Life-licensed sales force grew to a record 151,611 (+7%)
• Investment and Savings Products sales increased 41%
• Term Life net premiums grew 4%
• Client asset values reached $112.1 billion (+16%)
• Board approved 16% dividend increase to $1.04 per share

For full-year 2024, net income from continuing operations was $720.1 million (+22%), with earnings per diluted share of $20.99 (+28%). The company completed its $425 million share repurchase program and authorized a new $450 million buyback through December 2025.

Primerica's Financial Security Monitor™ (FSM™) reveals mixed financial sentiment among middle-income Americans in December 2024. While the Household Budget Index™ (HBI™) shows a slight improvement in purchasing power to 100.9% (up 1.1% year-over-year), 65% of respondents report their income isn't keeping pace with living costs.

Key findings show that 51% of respondents feel stressed about rising costs, with generational differences evident: 75% of Millennials, 62% of Gen X, and 61% of Gen Z report financial stress, compared to 39% of Baby Boomers. The survey also indicates that 65% expect their financial situation to remain the same or worsen in the coming year.

Regarding financial advice, 63% don't use social media for financial information. Among those who do, Facebook (18%), YouTube (17%), and Instagram (14%) are the most popular platforms. Notable improvements in purchasing power were driven by falling gas prices and a 4% year-over-year income gain.

Primerica (NYSE:PRI) has announced it will host a webcast on Wednesday, February 12, 2025, at 10:00 a.m. ET to discuss its fourth quarter 2024 financial results and other business-related matters, including future expectations. The company will release its earnings report after market close on Tuesday, February 11, 2025. The earnings release, financial supplement, and live webcast will be accessible on Primerica's investor website, with a replay available for approximately 30 days.