Primerica (PRI) has been on a downward spiral lately with significant selling pressure. After declining 10% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

The Future Investor with Albert Anthony is a new series of curated research articles on the Seeking Alpha platform, focusing on growing a diversified portfolio and unlocking future drivers of performance.Albert Anthony is the pen name of a contributing analyst who has covered over +200 stocks on this platform since 2023, growing to over 1.07K followers. Based on this new article series, he is also working on a new book on Amazon to be called The Future Investor: Growing a Diversified Portfolio (2025 edition ...

Core Insights - Primerica, Inc. (PRI) reported strong third-quarter earnings driven by robust Term Life and Investment and Savings Product sales, with shares increasing by 3.4% post-earnings announcement [1][2] Financial Performance - Adjusted earnings per share for Q3 2024 were $5.68, exceeding the Zacks Consensus Estimate by 18.8% and reflecting a 32.7% increase year-over-year [2] - Total revenue rose 8% year-over-year to $770.1 million, surpassing the consensus estimate by 4.1% [3] - Net premiums reached $439.8 million, a 4.6% increase from the previous year, beating the consensus by 2.3% [5] - Net investment income increased by 18.4% year-over-year to $41.1 million, exceeding the consensus by 10% [5] - Commissions and fees grew by 19.5% year-over-year to $271.9 million, beating the consensus by 6.2% [5] - Total benefits and expenses rose 5.8% to $519.6 million, influenced by higher claims and operating expenses [6] - Adjusted net operating income increased by 21% year-over-year to $193.2 million [6] Segment Performance - Term Life Insurance segment saw adjusted operating revenues climb 5% year-over-year to $450.3 million, with adjusted operating income before taxes increasing by 26% to $178.4 million, beating the consensus by 24.8% [7] - Investment and Savings Products segment reported a 22% year-over-year increase in adjusted operating revenues to $266.1 million, with adjusted operating income before taxes rising 24% to $79.9 million, exceeding the consensus by 11.9% [8] - Corporate and Other Distributed Products segment had adjusted operating revenues of $53.7 million, a 3% increase year-over-year, but reported an adjusted operating loss of $5.7 million due to various factors [9] Financial Position - As of September 30, 2024, Primerica had cash and cash equivalents of $550.1 million, down from $594.1 million at the end of 2023 [10] - Total assets decreased to $14.8 billion from $15 billion at the end of 2023 [10] - Total shareholders' equity was $1.9 billion, down from $2.1 billion at the end of 2023 [12] Capital Management - In Q3 2024, Primerica repurchased shares worth $129 million and paid dividends totaling $31 million [14] - A dividend of 90 cents per share was approved, to be paid on December 12, 2024 [14] Guidance - Primerica anticipates a 3% growth in full-year life sales for 2024 and expects the benefits and claims ratio for the Term Life insurance segment to be around 58% in Q4 2024 [15] - Investment and Savings Product sales are projected to grow between 22% and 25% in 2024 [16] - The company expects a 9% increase in insurance and other operating expenses in 2024 [17]

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Investors in Primerica, Inc. (PRI) need to pay close attention to the stock based on moves in the options market lately. That is because the Dec 20, 2024 $175 Put had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean ...

Earnings Results Quarter Ended September 30, 2024 Forward-Looking Statements This presentation may contain forward-looking statements. Information on factors that could cause results to differ materially from those projected in this presentation is available in our Form 10-K for the year ended December 31, 2023, as may be modified by subsequent Forms 10-Q. These documents are available in the Investor Relations section of our website, https://investors.primerica.com. The forwardlooking statements speak as o ...

Primerica (PRI) reported $770.09 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 8%. EPS of $5.68 for the same period compares to $4.28 a year ago.The reported revenue represents a surprise of +4.05% over the Zacks Consensus Estimate of $740.09 million. With the consensus EPS estimate being $4.78, the EPS surprise was +18.83%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...

Primerica (PRI) came out with quarterly earnings of $5.68 per share, beating the Zacks Consensus Estimate of $4.78 per share. This compares to earnings of $4.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.83%. A quarter ago, it was expected that this life insurance and financial products company would post earnings of $4.45 per share when it actually produced earnings of $4.71, delivering a surprise of 5.84%.Over the la ...

Financial Performance - The financial supplement for Primerica, Inc. provides a comprehensive analysis of the third quarter 2024 earnings, focusing on core metrics used by management for strategic decisions[2]. - Adjusted net operating income and diluted adjusted operating earnings per share exclude the tax effect of pre-tax operating adjustments and non-recurring items, ensuring comparability in results[2]. - The company reported significant operating adjustments, excluding investment gains/losses and corporate restructuring charges related to exiting the senior health business[2]. - Adjusted stockholders' equity removes the impact of net unrealized gains and losses on invested assets, reflecting a more stable financial position[2]. - The document includes reconciliations of non-GAAP to GAAP financial measures, highlighting the importance of these metrics in evaluating ongoing business performance[2]. - Total revenues for Q1 2024 reached $735.95 million, an increase of 11.0% year-over-year[8]. - Net income from continuing operations for Q1 2024 is $148.41 million, representing a year-over-year increase of 26.3%[6]. - Basic earnings per share for Q1 2024 is $4.24, a decrease of 5% compared to Q4 2023[6]. - The company reported a return on equity of 38.9% for Q1 2024, up from 27.9% in Q4 2023[6]. - The company reported a total of 364 million common shares outstanding as of June 30, 2023, an increase from 358 million at the end of March 31, 2023[3]. Investment Portfolio - Primerica's investment portfolio is detailed, providing insights into asset management and performance metrics[1]. - The company emphasizes the impact of market movements on unrealized investment gains and losses, which do not correlate with cash flows from matured assets[2]. - The company’s cash and investments, excluding securities held to maturity, totaled $3,226.05 million as of June 30, 2023, slightly down from $3,246.38 million at the end of March 31, 2023[3]. - The total reinsurance recoverables decreased to $3,084.52 million as of June 30, 2023, from $3,217.35 million at the end of March 31, 2023, a decline of approximately 4.1%[3]. - The fixed income portfolio has a duration of 5.2 years, with total fixed income valued at $2,998,190,000 and an amortized cost of $3,129,474,000[26]. - The effective maturity of fixed-maturity securities shows that 39.3% are in the 5-10 years range, valued at $1,179,081,000[26]. - The total fixed income portfolio has increased from $288.815 million to $292.729 million, representing a percentage of total fixed income portfolio growth from 7.9% to 8.1%[30]. Segment Performance - The financial results include segment operating results for Term Life Insurance and Investment and Savings Products, showcasing key statistics and financial analysis[1]. - Total term life income before income taxes for Q3 2023 was $4 million, representing a 12.8% increase year-over-year[18]. - The Corporate & Other segment showed a loss of $19.9 million, indicating challenges in this area[10]. - Total revenues for Q4 2023 amounted to $770.08 million, representing a year-over-year growth of 9.5%[12]. - Term Life Insurance adjusted direct premiums for Q4 2023 reached $648.90 million, reflecting a year-over-year increase of 5.8%[12]. Future Outlook - Future outlook includes continued expansion in the mutual funds and variable annuities market, focusing on asset-based revenues[11]. - The company plans to enhance its service offerings to increase ongoing fees from client accounts[11]. - Market expansion strategies are being implemented to capture a larger share of the financial services sector[11]. - The company plans to focus on market expansion and new product development in the upcoming quarters[15]. - Future guidance indicates a cautious outlook due to ongoing restructuring and market conditions[15]. Client and Sales Metrics - The beginning of the life-insurance licensed sales force was 135,208 representatives, increasing to 141,572 by Q1 2024, representing a 4.7% year-over-year growth[19]. - The life-insurance licensed sales force increased to 361,925 in 2023, up from 359,735 in 2022, reflecting a growth of approximately 0.3%[31]. - Issued term life policies reached 287,809 in 2023, a decrease of 11.5% compared to 323,800 in 2021[31]. - The estimated annualized issued term life premium from new policies was $302.4 million in 2023, showing an increase from $271.9 million in 2022[31]. - The total estimated annualized issued term life premium was $376.6 million in 2023, up from $348.5 million in 2022, reflecting a growth of approximately 8.5%[31]. Financial Ratios and Metrics - The debt-to-capital ratio for Q1 2024 is 21.4%, a decrease from 22.3% in Q4 2023[6]. - Cash and invested assets to adjusted stockholders' equity ratio improved to 2.3x, up from 2.1x[7]. - The average stockholders' equity for Q1 2024 is $2,239,762 thousand, an increase from $2,189,231 thousand in Q4 2023[6]. - Adjusted stockholders' equity per share decreased by 5.2% to $62.37 from $65.72[7]. - The company reported a net change in market value of assets, reflecting fluctuations net of fees and expenses[23].