Latest news with #Primerica
Yahoo
7 days ago
- Business
- Yahoo
Strength Seen in Brighthouse Financial (BHF): Can Its 6.2% Jump Turn into More Strength?
Brighthouse Financial (BHF) shares soared 6.2% in the last trading session to close at $50.27. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 18.5% loss over the past four weeks. Brighthouse Financial is reportedly to be acquired. Per media reports an investment firm Aquarian Holdings is close to buying the life insurer. This news likely have fueled price appreciation for the stock. Brighthouse is also revamping its life insurance business to boost annuity sales. The insurer remains focused on transitioning the business mix to less capital-intensive Financial is poised to benefit from growth opportunities, given its expansive and compelling suite of life and annuity products and a strong market presence. It aims to become a premier player in the enhanced financial strength and flexibility, the company remains committed to returning capital to shareholders and intends to maintain an opportunistic share repurchase program to create significant value for the shareholders. This annuity and life insurance company is expected to post quarterly earnings of $4.70 per share in its upcoming report, which represents a year-over-year change of -15.6%. Revenues are expected to be $2.2 billion, down 0.7% from the year-ago quarter. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements. For Brighthouse Financial, the consensus EPS estimate for the quarter has been revised 1.1% higher over the last 30 days to the current level. And a positive trend in earnings estimate revision usually translates into price appreciation. So, make sure to keep an eye on BHF going forward to see if this recent jump can turn into more strength down the road. The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Brighthouse Financial is part of the Zacks Insurance - Life Insurance industry. Primerica (PRI), another stock in the same industry, closed the last trading session 1.2% higher at $263.57. PRI has returned 1.1% in the past month. Primerica's consensus EPS estimate for the upcoming report has changed +0.4% over the past month to $5.18. Compared to the company's year-ago EPS, this represents a change of +10%. Primerica currently boasts a Zacks Rank of #3 (Hold). Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Brighthouse Financial, Inc. (BHF) : Free Stock Analysis Report Primerica, Inc. (PRI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
17-07-2025
- Business
- Yahoo
Primerica Schedules Second Quarter 2025 Financial Results Webcast
DULUTH, Ga., July 16, 2025--(BUSINESS WIRE)--Primerica, Inc. (NYSE:PRI) announced today that it will hold a webcast on Thursday, August 7, 2025, at 10:00 a.m. (ET) to discuss the Company's results for the quarter ended June 30, 2025, 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 Wednesday, August 6, 2025. The earnings news release, financial supplement and live webcast will be available on the Primerica Investors website at A replay of the call will be available for approximately 30 days. About Primerica, Inc. Primerica, Inc., headquartered in Duluth, GA, is a leading provider of financial products and services to middle-income households in North America. Independent licensed representatives educate Primerica clients about how to better prepare for a more secure financial future by assessing their needs and providing appropriate solutions through term life insurance, which we underwrite, and mutual funds, annuities and other financial products, which we distribute primarily on behalf of third parties. We insured over 5.5 million lives and had approximately 3.0 million client investment accounts on December 31, 2024. Primerica, through its insurance company subsidiaries, was the #3 issuer of Term Life insurance coverage in the United States and Canada in 2024. Primerica stock is included in the S&P MidCap 400 and the Russell 1000 stock indices and is traded on The New York Stock Exchange under the symbol "PRI". View source version on Contacts Investor Contact: Nicole Russell470-564-6663Email: Media Contact: Susan Chana404-229-8302Email: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
16-07-2025
- Business
- Globe and Mail
Primerica Schedules Second Quarter 2025 Financial Results Webcast
Primerica, Inc. (NYSE:PRI) announced today that it will hold a webcast on Thursday, August 7, 2025, at 10:00 a.m. (ET) to discuss the Company's results for the quarter ended June 30, 2025, 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 Wednesday, August 6, 2025. The earnings news release, financial supplement and live webcast will be available on the Primerica Investors website at A replay of the call will be available for approximately 30 days. About Primerica, Inc. Primerica, Inc., headquartered in Duluth, GA, is a leading provider of financial products and services to middle-income households in North America. Independent licensed representatives educate Primerica clients about how to better prepare for a more secure financial future by assessing their needs and providing appropriate solutions through term life insurance, which we underwrite, and mutual funds, annuities and other financial products, which we distribute primarily on behalf of third parties. We insured over 5.5 million lives and had approximately 3.0 million client investment accounts on December 31, 2024. Primerica, through its insurance company subsidiaries, was the #3 issuer of Term Life insurance coverage in the United States and Canada in 2024. Primerica stock is included in the S&P MidCap 400 and the Russell 1000 stock indices and is traded on The New York Stock Exchange under the symbol 'PRI'.
Business Wire
16-07-2025
- Business
- Business Wire
Primerica Schedules Second Quarter 2025 Financial Results Webcast
DULUTH, Ga.--(BUSINESS WIRE)--Primerica, Inc. (NYSE:PRI) announced today that it will hold a webcast on Thursday, August 7, 2025, at 10:00 a.m. (ET) to discuss the Company's results for the quarter ended June 30, 2025, 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 Wednesday, August 6, 2025. The earnings news release, financial supplement and live webcast will be available on the Primerica Investors website at A replay of the call will be available for approximately 30 days. About Primerica, Inc. Primerica, Inc., headquartered in Duluth, GA, is a leading provider of financial products and services to middle-income households in North America. Independent licensed representatives educate Primerica clients about how to better prepare for a more secure financial future by assessing their needs and providing appropriate solutions through term life insurance, which we underwrite, and mutual funds, annuities and other financial products, which we distribute primarily on behalf of third parties. We insured over 5.5 million lives and had approximately 3.0 million client investment accounts on December 31, 2024. Primerica, through its insurance company subsidiaries, was the #3 issuer of Term Life insurance coverage in the United States and Canada in 2024. Primerica stock is included in the S&P MidCap 400 and the Russell 1000 stock indices and is traded on The New York Stock Exchange under the symbol 'PRI'.
Globe and Mail
15-07-2025
- Business
- Globe and Mail
National Survey: Middle‑Income Americans Continue to Navigate Elevated Cost of Living and Economic Uncertainty
Middle‑income Americans are still adjusting to a higher cost of living and ongoing financial pressures, according to the latest Primerica ® U.S. Middle‑Income Financial Security Monitor™ (FSM™) . The survey finds that 65% of middle-income Americans believe their income has not kept pace with rising expenses — a sentiment that has remained remarkably consistent for more than four years, highlighting the challenges families feel as prices outpace paychecks. 'Middle‑income families are making tough decisions every day to cover the essentials and save for the future, and it continues to shape how they perceive the overall economy, with many feeling less confident and more cautious about what lies ahead,' said Glenn J. Williams, CEO of Primerica. 'That makes it even more important for families to seek sound financial advice. A financial professional can help families find the money in their budgets, reprioritize expenses and build a realistic path to save for the future. Even starting with a small amount can make a significant difference over time.' Middle‑income Americans continue to rate the economy poorly. More than three-quarters (80%) rate it negatively — a figure that has remained consistent over the past year. Amid ongoing economic uncertainty, a strong majority (83%) say they want to take steps to protect themselves financially for the long term — yet only 36% are actually doing so. 'The data shows how hard middle‑income families are working to stay afloat in an increasingly uncertain economic landscape,' said Amy Crews Cutts, Ph.D., CBE ®, economic consultant to Primerica. 'While sentiment shifts slightly from quarter to quarter, concerns about rising costs and financial stability remain top of mind for many households.' Additional key findings from Primerica's Q2 2025 U.S. Middle-Income Financial Security Monitor™ (FSM™): Middle-income Americans remain stressed at near record-high levels. A majority (61%) continue to report feeling 'stressed' about money and finances, with nearly half (45%) saying they feel 'discouraged.' Those who use a financial professional are less likely to say they are stressed and discouraged and more likely to say they are 'confident' or 'proud.' Credit cards increasingly serve as a financial lifeline. About 39% of middle-income Americans say they have increased their credit card use, an 11‑point rise from Q1 2025 and the highest level recorded since early 2023. Meanwhile, just 32% pay their credit card balance in full each month, and 60% say their credit card debt has increased or remained the same. Many feel underprepared, increasingly concerned about retirement. Nearly two-thirds (63%) do not believe they are saving enough to retire comfortably, and 39% aren't participating in an employer‑sponsored retirement or life insurance benefit, citing affordability as the primary barrier. Saving for the future remains a challenge for most. Nearly three-quarters (71%) of middle-income Americans rate their ability to save for the future negatively, and nearly 40% report only having enough money to cover basic needs for one month or less should the primary breadwinner in their household lose their job. Primerica Financial Security Monitor™ (FSM™) Topline Trends Data Jun 2025 Mar 2025 Dec 2024 Sept 2024 Jun 2024 Mar 2024 Dec 2023 Sept 2023 Jun 2023 How would you rate the condition of your personal finances? Share reporting 'Excellent' or 'Good.' 46% 48% 45% 44% 49% 50% 50% 49% 50% Analysis: Respondents' assessments of their personal finances are down slightly from where they were a year ago. Overall, would you say your income is…? Share reporting 'Falling behind the cost of living' 65% 69% 65% 68% 66% 67% 68% 72% 71% Share reporting 'Stayed about even with the cost of living' 24% 23% 29% 24% 26% 25% 24% 20% 22% Analysis: Concern about meeting the increased cost of living remained steady. And in the next year, do you think the American economy will be…? Share reporting 'Worse off than it is now' 61% 76% 55% 25% 40% 46% 53% 56% 57% Share reporting 'Uncertain' 4% 4% 9% 34% 19% 18% 9% 9% 9% Analysis: The share of respondents expecting the economy to worsen over the next year has improved sharply since the previous poll in March 2025. Do you have an emergency fund that would cover an expense of $1,000 or more (for example, if your car broke down or you had a large medical bill)? Reporting 'Yes' responses 60% 64% 59% 61% 63% 62% 60% 62% 61% Analysis: The percentage of Americans who have an emergency fund that would cover an expense of $1,000 or more has fallen since the previous survey. How would you rate the economic health of your community? Reporting 'Not so good' and 'Poor' responses 59% 66% 63% 63% 58% 60% 57% 55% 54% Analysis: Respondents' rating of the economic health of their communities has stayed about the same over the past year. How would you rate your ability to save for the future? Reporting 'Not so good' and 'Poor' responses 71% 71% 71% 73% 68% 67% 73% 71% 71% Analysis: A significant majority continue to feel it is difficult to save for the future. In the past three months, has your credit card debt…? Reporting 'Increased' responses 31% 31% 34% 35% 30% 34% 35% 34% 33% Analysis: Credit card debt has remained about the same over the past year. About Primerica's Middle-Income Financial Security Monitor™ (FSM™) Since September 2020, the Primerica Financial Security Monitor™ has surveyed middle-income households quarterly to gain a clear picture of their financial situation, and it coincides with the release of the monthly HBI™ four times annually. Polling was conducted online from June 2-5, 2025. Using Dynamic Online Sampling, Change Research polled 1,241 adults nationwide with incomes between $30,000 and $130,000. Post-stratification weights were made on gender, age, race, education and Census region to reflect the population of these adults based on the five-year averages in the 2021 American Community Survey, published by the U.S. Census. The margin of error is 3.0%. For more information visit About Primerica, Inc. Primerica, Inc., headquartered in Duluth, GA, is a leading provider of financial products and services to middle-income households in North America. Independent licensed representatives educate Primerica clients about how to better prepare for a more secure financial future by assessing their needs and providing appropriate solutions through term life insurance, which we underwrite, and mutual funds, annuities and other financial products, which we distribute primarily on behalf of third parties. We insured over 5.5 million lives and had approximately 3.0 million client investment accounts on December 31, 2024. Primerica, through its insurance company subsidiaries, was the #3 issuer of Term Life insurance coverage in the United States and Canada in 2024. Primerica stock is included in the S&P MidCap 400 and the Russell 1000 stock indices and is traded on The New York Stock Exchange under the symbol 'PRI'. For more information, visit
