Primerica

Primerica, Inc. engages in the provision of financial products to middle-income households. It operates through the following segments: Term Life Insurance, Investment and Savings Products, and Corporate and Other Distributed Products. The Term Life Insurance segment includes underwriting profits in the in-force book of term life insurance policies. The Investment and Savings Products segment involves retail and managed mutual funds and annuities, and segregated funds. The Corporate and Other Distributed Products segment comprises the revenues and expenses related to discontinued lines of insurance. The company was founded by Arthur L. Williams, Jr. and Angela Williams on February 10, 1977, and is headquartered in Dublin, GA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Primerica reports mixed Q4 performance, eyes stability and growth

Primerica's Q4 2022 performance reflected a mix of challenges and strengths, with a focus on sustainable growth and predictability under LDTI. The company's emphasis on sales force expansion, improved agent efficiency, and capital return sustainability positions it well for future opportunities.

Primerica reports robust Q1 performance amidst market challenges and opportunities

Primerica delivered a strong performance in Q1 2023, driven by robust recruiting, growth in Term Life premiums, and progress in the Senior Health business.
While facing challenges such as cost of living pressures and economic uncertainty, the company's liquidity and historical strength in YRT premiums provide a solid foundation.
Opportunities lie in addressing market challenges through tailored financial solutions, enhancing product offerings, and leveraging stable YRT rates for consistent premium performance.
Overall, Primerica's financial health and strategic focus position it well to navigate challenges and capitalize on growth opportunities in the evolving market landscape.

Primerica reports strong Q2 results, eyes recruiting growth opportunities

Primerica's Q2 performance reflects financial resilience and growth potential, with a focus on overcoming market challenges.
Challenges in the Investment and Savings Products segment and concerns raised by analysts highlight areas for improvement and strategic focus.
Opportunities in recruiting growth and managing expenses can drive future growth and enhance Primerica's operational efficiency.

Primerica reports strong Q3 earnings, eyes growth amid regulatory challenges

Primerica's Q3 earnings call highlighted robust financial performance, with notable increases in key income streams and sales metrics. The company's strategic initiatives and leadership transition signal a focus on sustained growth and operational excellence. While facing challenges in specific segments and regulatory uncertainties, Primerica remains well-positioned to capitalize on growth opportunities.

Primerica reports robust Q4 performance and projects growth opportunities

Primerica delivered a strong performance in Q4 2023, driven by robust sales force recruitment and record achievements in the Term Life business.
While facing challenges in the Senior Health segment, the company's overall financial resilience and growth opportunities indicate a positive outlook for 2024.
Strategic initiatives like the share repurchase program and Tracy Tan's growth projections position Primerica well for continued success and expansion.
Investors can be optimistic about Primerica's future prospects given its solid financial performance and proactive growth strategies.

Primerica reports strong Q1 earnings, faces Senior Health business challenges

Primerica delivered solid financial performance with revenue and income growth, supported by strategic investments in stock repurchases and dividends.
While facing challenges in the Senior Health business and rising expenses, the company's sales force expansion and asset value milestones signal resilience and growth potential.
Executives' optimism and focus on core business strengths position Primerica well to capitalize on opportunities for market expansion and operational enhancements.

Primerica reports robust Q3 performance and strategic growth initiatives

Primerica's Q3 2024 Earnings Call showcased impressive financial results, strong segment performance, and strategic partnerships for future growth.
The company's focus on recruiting, product innovation, and market expansion positions it well to capitalize on opportunities and navigate potential challenges.
Investors should monitor Primerica's ability to sustain recruiting momentum, manage expenses, and optimize core business segments for long-term success and value creation.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Primerica, Inc. engages in the provision of financial products to middle-income households. It operates through the following segments: Term Life Insurance, Investment and Savings Products, Senior Health, and Corporate and Other Distributed Products. The Term Life Insurance segment includes underwriting profits in the in-force book of term life insurance policies. The Investment and Savings Products segment is involved in managed mutual funds and annuities, and segregated funds. The Senior Health segment consists of the distribution of Medicare-related insurance products underwritten by third-party health insurance carriers to eligible Medicare participants through e-TeleQuote’s licensed health insurance agents. The Corporate and Other Distributed Products segment consists of revenues and expenses related to discontinued lines of insurance. The company was founded by Arthur L. Williams, Jr. and Angela Williams on February 10, 1977, and is headquartered in Duluth, GA.

Compelling portfolio, strong market presence and a solid capital position continue to drive Primerica (PRI).

Primerica (PRI) Rises 14% YTD: Can It Retain the Bull Run?

Brighthouse Financial

Manulife Financial

Sun Life Financial

Voya Financial

Redesigning and repricing of products and services, and a rising rate environment are likely to help life insurers like MFC, SLF, VOYA PRI and BHF as the companies invest heavily in digitization.

5 Stocks to Buy From the Prospering Life Insurance Industry

Primerica (PRI) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Primerica (PRI) Could Find a Support Soon, Here's Why You Should Buy the Stock Now

CVR Energy

Steel Dynamics

Steel Dynamics (STLD), Primerica (PRI) and CVR Energy (CVI) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.

3 Momentum Anomaly Picks as Silicon Valley Bank Rattles Market

A compelling portfolio, strong market presence position and solid capital position continue to drive Primerica (PRI).

Primerica (PRI) Up 36% in a Year: Can It Retain the Momentum?

Esquire Financial Hlds

Tecnoglass

TGLS, PRI and ESQ made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 7, 2023.

Best Momentum Stock to Buy for March 7th

Primerica's (PRI) Q4 results reflect better performance at the Term Life Insurance business and Senior Health business, partially offset by soft performance at Investment and Savings Products.

Primerica's (PRI) Share Rise as Q4 Earnings Beat Estimates

Primerica, Inc. (NYSE:PRI ) Q4 2022 Earnings Conference Call February 24, 2023 10:00 AM ET Company Participants Nicole Russell - SVP, IR Glenn Williams - CEO & Director Alison Rand - EVP & CFO Conference Call Participants Andrew Kligerman - Crédit Suisse Daniel Bergman - Jefferies Ryan Krueger - KBW Operator Greetings. Welcome to Primerica's Fourth Quarter 2020 Earnings Conference Call.

Primerica, Inc. (PRI) Q4 2022 Earnings Call Transcript

Primerica (PRI) delivered earnings and revenue surprises of 18.71% and 0.97%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Primerica (PRI) Q4 Earnings Surpass Estimates

Life-licensed sales force grew 4.4% to a record 135,208 representatives

Primerica Reports Fourth Quarter 2022 Results

Primerica recently announced an 18% dividend increase, so it is time to take a look at the company again. Over the past year, earnings estimates have come down considerably at the same time the price has increased significantly.

Is Primerica A Buy Before Earnings?

Primerica (PRI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Primerica (PRI) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release

Better pricing, exposure growth, accelerated digitization and sturdy capital are expected to help AIG, MFC and PRI outperform Q4 earnings estimates.

3 Insurers Set to Outperform Estimates This Earnings Season

DULUTH, Ga.--(BUSINESS WIRE)--Primerica, Inc. (NYSE:PRI) announced today that the Board of Directors has approved an 18% increase in stockholder dividends to $0.65 per share. The dividend is payable on March 14, 2023, to stockholders of record on February 21, 2023.

Primerica, Inc. Increases Quarterly Dividend by 18 Percent

DULUTH, Ga.--( BUSINESS WIRE )--Primerica, Inc. (NYSE: PRI), a leading provider of financial services in the United States and Canada, released a special report titled, “The Financial Condition of Middle-Income American Families Heading Into 2023.”

Special Report: Middle-Income Families Resilient Amid High Inflation, Economic Uncertainty

DULUTH, Ga.--( BUSINESS WIRE )--Primerica, Inc. (NYSE: PRI), a leading provider of financial services in the United States and Canada, has been named to the 2023 Bloomberg Gender-Equality Index (GEI) for the fourth consecutive year.

Primerica Included in Bloomberg Gender-Equality Index Fourth Consecutive Year

DULUTH, Ga.--( BUSINESS WIRE )--Primerica, Inc. (NYSE:PRI) announced today that it will hold a webcast on Friday, February 24, 2023, at 10:00 a.m. Eastern time to discuss the Company's results for the quarter ended December 31, 2022, as well as other business-related matters, including future expectations. A news release announcing the quarter's results will be distributed after the close of the market on Thursday, February 23, 2023.

Primerica Schedules Fourth Quarter 2022 Financial Results Webcast

DULUTH, Ga.--( BUSINESS WIRE )--Primerica, Inc. (NYSE: PRI), a leading provider of financial services in the United States and Canada, released its Middle-Income Financial Security Monitor for the fourth quarter of 2022. The survey, in its third year, measures changes in the sentiments of middle-income families in the U.S. about their finances.

SURVEY: Middle-Income Americans Prepare for Possible Recession in 2023

Compelling portfolio, strong market presence and solid capital position poise Primerica (PRI) well for growth.

Here's Why Should You Hold Primerica (PRI) Stock in Portfolio

DULUTH, Ga.--( BUSINESS WIRE )--Primerica, Inc. (NYSE: PRI), a leading provider of financial services in the United States and Canada, will kick off the new year with approximately eight hundred of its top sales leaders meeting in Dallas, Texas on January 4-5, 2023. Along with discussing company-wide initiatives for 2023, the annual leadership meeting will celebrate 2022 milestones and discuss opportunities ahead for the year.

Primerica Leaders from U.S. and Canada Convene in Dallas to Discuss Year Ahead

Technical set up shows signs of a slow recovery of the uptrend. The cost of living hits middle-income families and may cause a headwind to the life insurance sector.

Primerica: When Going Gets Tough, Simplify (Technical Analysis)

Primerica's (PRI) board of directors approves $375 million to repurchase its common stock through the next year.

Primerica (PRI) OKs Share Buyback to Boost Shareholder Return

DULUTH, Ga.--( BUSINESS WIRE )--Primerica, Inc. (NYSE: PRI) today announced that its Board of Directors has authorized a $375 million share repurchase program to occur from January 1, 2023 through December 31, 2023. The share repurchases may be made from time to time through open market transactions, block trades and/or privately negotiated transactions and are subject to market conditions, as well as corporate, regulatory, and other considerations.

Primerica Announces $375 Million Share Repurchase Program For 2023

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Primerica, Inc. (NYSE: PRI), a leading provider of financial services in the United States and Canada, released its Canadian Financial Security Monitor — a national survey that measures how Canadian families view their finances.

SURVEY: Amid growing concern over inflation, Canadians remain positive about finances

Primerica, Inc. (NYSE:PRI ) Q3 2022 Earnings Conference Call November 9, 2022 10:00 AM ET Company Participants Nicole Russell - Investor Relations Glenn Williams - Chief Executive Officer Alison Rand - Chief Financial Officer Conference Call Participants Mark Hughes - Truist Andrew Kligerman - Credit Suisse Dan Bergman - Jefferies Operator Hello everyone and thank you for joining the Primerica's 3Q 2022 Earnings Conference Call. My name is [Derrick] [ph] and I'll be the operator for today.

News for Primerica Stock (PRI)