Zacks Investment Research·Jun 16, 2026
Primerica (PRI) Upgraded to Buy: Here's What You Should KnowPrimerica (PRI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Primerica, Inc.(PRI)Earnings, Financials & Key Ratios
PRI•NYSE•Insurance & Managed Care
$299.18
13.1× P/E·Price updated Jul 6, 2026
SectorFinancial ServicesIndustryLife InsuranceSub-IndustryIndividual life and final expense insurers
AboutPrimerica, Inc., together with its subsidiaries, provides financial products to middle-income households in the United States and Canada. The company operates in four segments: Term Life Insurance; Investment and Savings Products; Senior Health; and Corporate and Other Distributed Products. The Term Life Insurance segment underwrites individual term life insurance products. The Investment and Savings Products segment provides mutual funds and various retirement plans, managed investments, variable and fixed annuities, and fixed indexed annuities. The Senior Health segment offers segregated funds; and medicare advantage and supplement products. The Corporate and Other Distributed Products segment provides mortgage loans; prepaid legal services that assist subscribers with legal matters, such as drafting wills, living wills and powers of attorney, trial defense, and motor vehicle-related matters; ID theft defense services; auto and homeowners' insurance; home automation solutions; and insurance products, including supplemental health, accidental death, and disability for small businesses. It distributes and sells its products through a network of 129,515 licensed sales representatives. Primerica, Inc. was founded in 1927 and is headquartered in Duluth, Georgia.Show more
- Revenue$3.23B+4.4%
- Combined Ratio69.79%+0.3%
- Net Income$751M+59.7%
- Return on Equity31.93%+46.8%
- Medical Cost Ratio19.48%-66.2%
- Operating Margin30.21%-0.6%
- Net Margin23.29%+52.9%
- ROA5.08%+59.7%
- Equity / Assets16.29%+5.2%
PRI Price & Volume
Primerica, Inc. (PRI) stock price & volume — 10-year historical chart
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Resilient Distribution Model Faces Reserve Volatility Risks
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Stable
Profitability:Strong
Financial:Healthy
Cash Flow:Robust
Primary Risk:Regulatory Compensation Model Shifts
Key Thesis Takeaways
- Primerica maintains a robust, capital-light growth trajectory driven by its decentralized middle-income distribution network, evidenced by a 6.5% year-over-year revenue increase to $856.8 million in 2026Q1.
- While the company demonstrates strong underwriting discipline with a 70.9% combined ratio, investors should monitor significant fluctuations in loss ratios, which dropped from 59.5% in 2025Q1 to 19.1% in 2026Q1.
- Long-term sustainability remains contingent on navigating potential regulatory shifts in compensation models and managing the sensitivity of reserve development to inflationary pressures.
Verdict Logic
while the company exhibits a compelling PEG ratio of 0.65 and consistent capital returns, the extreme volatility in loss ratios and potential regulatory risks to the commission-based model suggest a cautious approach.
PRI Growth Metrics
Primerica, Inc. (PRI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years8.67%
5 Years7.79%
3 Years6.68%
TTM5.39%
Profit CAGR
10 Years14.74%
5 Years14.24%
3 Years16.75%
TTM53.94%
EPS CAGR
10 Years20%
5 Years19.08%
3 Years22.94%
TTM60.38%
Return on Capital
10 Years4.35%
5 Years5.47%
3 Years6.18%
Last Year6.87%
PRI Recent Earnings
Primerica, Inc. (PRI) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 9/12 qtrs (75%)
Q2 2026Latest
May 6, 2026Metric
Actual
Est
EPS
$5.96+9.4%
$5.45
Rev
$873M+2.0%
$855M
Q1 2026
Feb 11, 2026Metric
Actual
Est
EPS
$6.13+7.7%
$5.69
Rev
$854M+1.0%
$845M
Q4 2025
Nov 5, 2025Metric
Actual
Est
EPS
$6.33+14.7%
$5.52
Rev
$840M+0.0%
$840M
Q3 2025
Aug 6, 2025Metric
Actual
Est
EPS
$5.46+5.4%
$5.18
Rev
$793M-1.3%
$804M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 6, 2026 | $5.96vs $5.45+9.4% | $873Mvs $855M+2.0% |
| Q1 2026 | Feb 11, 2026 | $6.13vs $5.69+7.7% | $854Mvs $845M+1.0% |
| Q4 2025 | Nov 5, 2025 | $6.33vs $5.52+14.7% | $840Mvs $840M+0.0% |
| Q3 2025 | Aug 6, 2025 | $5.46vs $5.18+5.4% | $793Mvs $804M-1.3% |
Based on last 12 quarters of dataView full earnings history →
Latest PRI News
Recent stock market news and headlines for Primerica, Inc. (PRI)
Peers Comparison
Key metrics vs top competitors for Primerica, Inc. (PRI)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $299.18 | $9.39B | 13.06 | 4.43% | 23.29% | 31.93% | 1.39% | |
| $176.98 | $13.74B | 12.59 | 3.82% | 19.37% | 20.32% | — | |
| $52.64 | $4.91B | 22.40 | 0.94% | 5.44% | 9.56% | — | |
| $28.38 | $3.85B | 15.10 | 5.72% | 9.11% | 11.15% | — | |
| $30.81 | $14.07B | -45.31 | 7.88% | 3.94% | 1.85% | — | |
| $38.39 | $7.34B | 6.57 | 1.24% | 9.14% | 16.79% | — |
Compare PRI vs Peers
Primerica, Inc. (PRI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
PRI SEC Filings & Documents
Primerica, Inc. (PRI) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
May 6, 2026·SEC
Material company update
Feb 23, 2026·SEC
Material company update
Feb 11, 2026·SEC
10-K Annual Reports
310-Q Quarterly Reports
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PRI Frequently Asked Questions
Primerica, Inc. (PRI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
How fast is Primerica, Inc. growing?
Primerica, Inc. (PRI) grew revenue by 4.4% over the past year. Growth has been modest.
Is PRI profitable?
Yes, Primerica, Inc. (PRI) is profitable, generating $772.3M in net income for fiscal year 2025 (23.3% net margin).
Dividend & Returns
Does PRI pay dividends?
Yes, Primerica, Inc. (PRI) pays a dividend with a yield of 1.39%. This makes it attractive for income-focused investors.
What is PRI's return on equity?
Primerica, Inc. (PRI) has a return on equity (ROE) of 31.9%. This is excellent, indicating efficient use of shareholder capital.
Industry Metrics
What is Primerica, Inc.'s combined ratio?
Primerica, Inc. (PRI) has a combined ratio of 69.8%. A ratio below 100% indicates underwriting profitability.