Latest news with #Primerica
Yahoo
a day ago
- Business
- Yahoo
Primerica Household Budget Index™ Data: Middle-Income Purchasing Power Held Steady in June
DULUTH, Ga., July 30, 2025--(BUSINESS WIRE)--The latest Primerica Household Budget Index™ (HBI™) data, a monthly economic metric that examines how inflation and wage trends impact the ability of middle-income families to afford life's everyday necessities, was 100.0% in June, a 0.1% decrease from a month ago and up 1.3% from a year ago. Purchasing power was relatively unchanged in June. The Consumer Price Index (CPI), which measures inflation for a comprehensive basket of goods for all U.S. households, came in at 2.7% in June, its highest reading since January. Adjusting the CPI to narrow the impact of inflation to focus specifically on middle-income households and necessity items as used in the HBI™ metric (food, utilities, gas, auto insurance, and health care) increases it to an estimated 3.1%. For more information on the Primerica Household Budget Index™ metric, visit About the Primerica Household Budget Index™ (HBI™) Data The Primerica Household Budget Index™ (HBI™) data is constructed monthly on behalf of Primerica by its chief economic consultant Amy Crews Cutts, PhD, CBE®. The index measures the purchasing power of middle-income families with household incomes from $30,000 to $130,000 and is developed using data from the U.S. Bureau of Labor Statistics, the U.S. Bureau of Census, and the Federal Reserve Bank of Kansas City. The index looks at the cost of necessities including food, gas, auto insurance, utilities, and health care and earned income to track differences in inflation and wage growth. Primerica's HBI™ metric was created to fill an information void around the economy's impact on middle-income families. Metrics like the Consumer Price Index (CPI) measure overall inflation but don't offer a clear picture of how it impacts middle-income Americans. Middle-income households play a key role in driving consumer spending and the overall economy as they account for over 55% of the U.S. population. The purchasing power of middle-income families are a key barometer of real-time economic trends. Understanding middle-income households' purchasing power is important because it shows whether they are gaining financial ground or falling behind. The HBI™ data uses January 2019 as its baseline, with the value set to 100% at that point in time. Periodically, prior HBI™ values may be modified due to revisions in the CPI series and Consumer Expenditure Survey releases by the U.S. Bureau of Labor Statistics (BLS). Beginning with the December 2024 release of the index, the expenditure weights have been updated to the most recent (Q1 2024) data and auto insurance has been added to the group of necessity items. 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 View source version on Contacts Media Contact: Gana Ahn678-431-9266Email: Investor Contact: Nicole Russell470-564-6663Email:
Business Wire
a day ago
- Business
- Business Wire
Primerica Household Budget Index™ Data: Middle-Income Purchasing Power Held Steady in June
DULUTH, Ga.--(BUSINESS WIRE)--The latest Primerica Household Budget Index™ (HBI™) data, a monthly economic metric that examines how inflation and wage trends impact the ability of middle-income families to afford life's everyday necessities, was 100.0% in June, a 0.1% decrease from a month ago and up 1.3% from a year ago. Purchasing power was relatively unchanged in June. The Consumer Price Index (CPI), which measures inflation for a comprehensive basket of goods for all U.S. households, came in at 2.7% in June, its highest reading since January. Adjusting the CPI to narrow the impact of inflation to focus specifically on middle-income households and necessity items as used in the HBI™ metric (food, utilities, gas, auto insurance, and health care) increases it to an estimated 3.1%. For more information on the Primerica Household Budget Index™ metric, visit About the Primerica Household Budget Index™ (HBI™) Data The Primerica Household Budget Index™ (HBI™) data is constructed monthly on behalf of Primerica by its chief economic consultant Amy Crews Cutts, PhD, CBE ®. The index measures the purchasing power of middle-income families with household incomes from $30,000 to $130,000 and is developed using data from the U.S. Bureau of Labor Statistics, the U.S. Bureau of Census, and the Federal Reserve Bank of Kansas City. The index looks at the cost of necessities including food, gas, auto insurance, utilities, and health care and earned income to track differences in inflation and wage growth. Primerica's HBI™ metric was created to fill an information void around the economy's impact on middle-income families. Metrics like the Consumer Price Index (CPI) measure overall inflation but don't offer a clear picture of how it impacts middle-income Americans. Middle-income households play a key role in driving consumer spending and the overall economy as they account for over 55% of the U.S. population. The purchasing power of middle-income families are a key barometer of real-time economic trends. Understanding middle-income households' purchasing power is important because it shows whether they are gaining financial ground or falling behind. The HBI™ data uses January 2019 as its baseline, with the value set to 100% at that point in time. Periodically, prior HBI™ values may be modified due to revisions in the CPI series and Consumer Expenditure Survey releases by the U.S. Bureau of Labor Statistics (BLS). Beginning with the December 2024 release of the index, the expenditure weights have been updated to the most recent (Q1 2024) data and auto insurance has been added to the group of necessity items. 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
Yahoo
17-07-2025
- 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'.
