Welcome to our dedicated page for Primerica news (Ticker: PRI), a resource for investors and traders seeking the latest updates and insights on Primerica stock.
Primerica, Inc. (NYSE: PRI) is a financial services company that focuses on middle-income households in North America, and its news flow reflects that focus. Company announcements frequently highlight developments in its term life insurance and investment and savings products businesses, as well as updates on its large field force of independent licensed representatives.
Investors and observers following PRI news can expect regular coverage of quarterly financial results, where Primerica reports on segment performance in Term Life Insurance, Investment and Savings Products, and Corporate and Other Distributed Products. These releases often discuss trends in term life premiums, client asset values, product sales and the size of the licensed sales force.
Primerica also issues news about capital management actions, such as share repurchase authorizations approved by its Board of Directors. These announcements describe the scope and timing of repurchase programs and reference the company’s view of its capital generation and cash flows.
Another recurring theme in Primerica’s news is its economic research on middle-income families. The company regularly publishes updates on the Primerica Household Budget Index™ (HBI™), a metric that tracks how inflation and wage trends affect the purchasing power of middle-income Americans. Special reports based on the HBI™ and the Financial Security Monitor™ survey provide additional context on how households are responding to changes in the cost of living.
News from Primerica’s Canadian operations may include disclosures from PFSL Fund Management Ltd. and related entities about fund reporting and management activities. Together, these items give a view into how Primerica serves middle-income households through insurance, investment products and financial education. Readers interested in PRI can use the news page to monitor financial performance, research releases and corporate actions over time.
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.
Primerica (NYSE: PRI) announces its 2025 Leadership Meeting in Dallas, Texas, gathering over 900 top field leaders on January 7-8, 2025. The company reported significant achievements for 2024, including:
- A 7% growth in licensed sales force to over 151,600 representatives
- $122 billion in term life insurance issued, reaching $954 billion coverage in force
- Approximately $2 billion paid in death claims
- $12 billion in client investments, bringing total client asset values to $112 billion
- Over $500 million in mortgage facilitation
- 446,000 new representatives recruited
- 56,000 newly life-licensed representatives added
- Over 2,250 newly securities-licensed representatives, totaling over 25,400
Primerica (NYSE: PRI) released its monthly Household Budget Index™ (HBI™) showing improved purchasing power for middle-income households. The index, which tracks families with incomes between $30,000 and $130,000, reached 103.6% in November 2024, up from 103.1% in October 2024. This represents the seventh consecutive monthly increase and marks a 2.8% improvement from the previous year.
The purchasing power has reached its highest level since January 2021, primarily driven by declining gas prices and stable costs for other necessity goods. The HBI™ serves as an indicator of financial health for middle-income families in the United States and Canada.
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