Primerica ( (PRI) ) has provided an update.
Primerica reported strong financial results for the fourth quarter of 2024, with total revenues increasing by 12% to $788.1 million and net income from continuing operations rising by 9% to $167.7 million compared to the previous year. The company experienced significant growth in its life-licensed sales force and investment and savings products, with ISP sales up 41% and client asset values growing by 16%. This momentum reflects Primerica’s successful recruiting and licensing efforts, as well as favorable equity market conditions, positioning the company for continued success and shareholder value.
More about Primerica
Primerica is a financial services company that focuses on providing life insurance and investment and savings products, primarily targeting middle-income families in the U.S. and Canada.
YTD Price Performance: 7.87%
Average Trading Volume: 148,217
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $9.89B
Find detailed analytics on PRI stock on TipRanks’ Stock Analysis page.