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Primerica Inc - PRI STOCK NEWS

Welcome to our dedicated news page for Primerica (Ticker: PRI), a resource for investors and traders seeking the latest updates and insights on Primerica.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Primerica's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Primerica's position in the market.

News
Primerica Household Budget Index™: Middle-Income Households'; Purchasing Power Reaches Break-Even Level
Rhea-AI Summary
Primerica, Inc. (NYSE: PRI) announced the release of the Primerica Household Budget Index™ (HBI™), showing a 100.5% average purchasing power for middle-income households in November 2023, up from 99.1% in October and 93.7% a year ago.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.29%
Tags
none
-
News
Primerica Names Tracy Tan as Chief Financial Officer
Rhea-AI Summary
Primerica, Inc. (NYSE:PRI) announces the appointment of Nicholas Jendusa as principal accounting officer and Tracy Tan as Chief Financial Officer, effective December 20, 2023. Ms. Tan will succeed Alison Rand as the Company's CFO no later than April 1, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.5%
Tags
none
-
News
SPECIAL REPORT: Even as Inflation Drops, Financial Challenges Remain for Middle-Income Families
Rhea-AI Summary
Primerica, Inc. (NYSE: PRI) released a special report titled, 'Perception vs. Reality: Examining Middle-Income Households’ Financial Outlook Heading into 2024.' The report finds that the compounding impact of inflation has resulted in an average cumulative household budget deficit of nearly $2,500 since May 2021. Middle-income households are disproportionately impacted by the rising cost of necessities, leading to increased financial stress. However, the report highlights that if inflation continues to decline and wages rise at a faster pace than the cost of necessities, middle-income households should find themselves in a gradually improving financial condition in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.89%
Tags
none
News
Primerica Board of Directors Elects Former GE Executive Darryl Wilson as Newest Board Member
Rhea-AI Summary
Primerica, Inc. (NYSE:PRI) has announced the election of Darryl L. Wilson to fill the vacancy in the Company’s Board of Directors. Mr. Wilson, the founder, chairman, and president of The Wilson Collective, brings over 35 years of experience in global leadership roles, including 25 years at General Electric and 5 years with British Petroleum NA. His addition to the Board complements the existing skills and experience, aiming to drive better outcomes for the company. With a B.A. in Business Administration from Baldwin Wallace College and an M.B.A. from Indiana University, Mr. Wilson's extensive experience and expertise are expected to contribute significantly to Primerica's strategic direction and growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.76%
Tags
management
-
News
Primerica Household Budget Index™: Middle-Income Households Saw Improving Financial Conditions in October
Rhea-AI Summary
Primerica, Inc. (NYSE: PRI) announced the release of the Primerica Household Budget Index™ (HBI™), showing an increase in middle-income households' purchasing power to 99.1% in October 2023 from 98.1% in September and 92.4% a year ago.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.89%
Tags
none
-
News
Primerica Announces $425 Million Share Repurchase Program for 2024
Rhea-AI Summary
Primerica, Inc. (NYSE: PRI) authorizes a $425 million share repurchase program following solid third quarter results. The program will run through December 31, 2024, with repurchases occurring through various methods. CEO Glenn Williams highlights the strength and predictability of the Term Life business, leading to increased confidence in providing stockholders with attractive returns.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.65%
Tags
buyback
News
AM Best Affirms Credit Ratings of Primerica, Inc. and Its Subsidiaries
Rhea-AI Summary
Primerica Inc. (NYSE: PRI) Receives Affirmation of A+ Financial Strength Rating from AM Best, Expands Product Distribution, and Demonstrates Strong Operating Performance
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.95%
Tags
none
-
News
Primerica Reports Third Quarter 2023 Results
Rhea-AI Summary
PRIMERICA, Inc. (NYSE: PRI) reported a 6% increase in total revenues to $710.9 million in Q3 2023. Net income grew by 91% to $152.1 million, and earnings per diluted share doubled to $4.23. The life-licensed sales force grew by 4% to 139,053, and Term Life pre-tax income increased by 7%. Investment and Savings Products pre-tax income also grew by 9%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.75%
Tags
earnings
-
News
Consumers Experienced Increase in Purchasing Power in September with Slowing Inflation and Higher Income Growth
Rhea-AI Summary
Primerica, Inc. has released the Primerica Household Budget Index™ (HBI™), which shows that middle-income households in the US and Canada saw an improvement in purchasing power in September 2023. The average purchasing power for these households increased to 99.3% from 97.4% in August. However, they are still recovering from the impact of high inflation. The index stood at 89.3% in September 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.8%
Tags
none
News
Primerica Schedules Third Quarter 2023 Financial Results Webcast
Rhea-AI Summary
Primerica, Inc. will hold a webcast on November 8, 2023, to discuss its Q3 2023 results and other business-related matters. The earnings news release will be distributed on November 7, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.39%
Tags
earnings
Stock PRI logo
Primerica Inc

NYSE:PRI

PRI Rankings

#959 Ranked by Market Cap
#593 Ranked by Stock Gains
#1652 Ranked by Dividends

PRI Stock Data

7.71B
34.61M
0.63%
92.56%
1.04%
Direct Life Insurance Carriers
Finance and Insurance
Link
US
Duluth

About PRI

primerica’s roots date back to 1977 when the company embarked on a revolutionary crusade to transform the life insurance industry. primerica’s “buy term and invest the difference” philosophy encourages middle-income families to purchase affordable term life insurance so they can have more money to invest in their family’s future. today, primerica has expanded its crusade to address the number one financial disease facing families today: debt. primerica offers solutions to help families eliminate crippling debt from their household finances and save more of their hard-earned money for the future. primerica • serves 6 million clients in the u.s., canada, and puerto rico • more than 100,000 licensed representatives • more than 24,000 licensed mutual fund representatives — the largest sales force in north america • securities clients have nearly $25 billion in assets under management through primerica • placed in force more than $90 billion in life insurance in 2008 • an average of