PRI
Primerica, Inc.
PRI's fundamentals are mixed: revenue grew 8.3%, while its operating margin held steady at 29%. At 12x earnings, it's trading below its usual 14x. Analysts expect earnings growth.
PRI Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
PRI's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for financial services companies like PRI.
PRI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 11x | $292 | — |
| Current | 12x | $292 | — |
| Cheap | 13x | $320 | +9.8% |
| Fair | 14x | $365 | +25% |
| Expensive | 18x | $465 | +59% |
Historical ranges are pointers, not guarantees.
PRI's PE is in its cheap range at 12x. If earnings grow as analysts expect, today's price would be 11x next year's earnings.
PRI Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for PRI, with profitability improving.
PRI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $26.73 | +5.7% |
| Q3 2026 | $25.29 | +16% |
| Q2 2026 | $24.88 | +23% |
| Q1 2026 | $23.83 | +60% |
| Q4 2025 | $22.91 | +67% |
| Q3 2025 | $21.76 | +65% |
| Q2 2025 | $20.24 | +61% |
| Q1 2025 | $14.87 | -9.8% |
| Q4 2024 | $13.75 | -14% |
PRI earned $25.29 per share over the past year, up 16% from the year before.
PRI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $901.7M | +7.4% |
| Q2 2026 | $865.1M | +9% |
| Q1 2026 | $872.7M | +8.4% |
| Q4 2025 | $853.7M | +8.3% |
| Q3 2025 | $839.9M | +8.5% |
| Q2 2025 | $793.3M | -1.2% |
| Q1 2025 | $804.8M | +8.3% |
| Q4 2024 | $788.1M | +8.5% |
PRI's revenue has grown year over year for five quarters in a row: $902M last quarter, up 7.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 30% | -2.2 points |
| Q2 2026 | 30% | +0.3 points |
| Q1 2026 | 29% | +1.1 points |
| Q4 2025 | 29% | +1.2 points |
| Q3 2025 | 32% | -0.5 points |
| Q2 2025 | 30% | +29 points |
| Q1 2025 | 28% | +3.4 points |
| Q4 2024 | 28% | +0.6 points |
PRI's operating margin was 30% last quarter, down 2.2 points from the same quarter a year ago.
PRI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $291.4M | +44% |
| Q2 2026 | $193.8M | +19% |
| Q1 2026 | $156.8M | -21% |
| Q4 2025 | $338.2M | +25% |
| Q3 2025 | $202.9M | -2.1% |
| Q2 2025 | $162.6M | -6.2% |
| Q1 2025 | $197.5M | -6.4% |
| Q4 2024 | $270.6M | +12% |
PRI's free cash flow was $980M over the past year, up 18% from the year before. Free cash flow isn't a meaningful measure for financial services companies like PRI.
PRI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.3% | -417K shares |
| 1 year | -5% | -1.6M shares |
| 3 years | -14% | -5M shares |
| 5 years | -22% | -8.9M shares |
| Available history | -27% | -11.5M shares |
PRI has 31M diluted shares, down 5% from a year ago, with $462M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $122.1M |
| Q2 2026 | $135.2M |
| Q1 2026 | $135M |
| Q4 2025 | $70.1M |
| Q3 2025 | $129M |
| Q2 2025 | $133M |
| Q1 2025 | $118M |
| Q4 2024 | $47.8M |
PRI spent $462M buying back its own shares over the past year, up 8.1% from the year before.
PRI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.8x | Net Cash |
| Q2 2026 | -0.6x | Net Cash |
| Q1 2026 | -0.6x | Net Cash |
| Q4 2025 | -0.8x | Net Cash |
| Q3 2025 | -0.7x | Net Cash |
| Q2 2025 | -0.7x | Net Cash |
| Q1 2025 | -0.9x | Net Cash |
| Q4 2024 | -1.0x | Net Cash |
PRI has more cash than debt. Net leverage isn't a meaningful measure for financial services companies like PRI.
PRI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.1 | Neutral |
| Stochastic | 32.7 | Neutral |
PRI's weekly RSI is 54 (neutral) and its Stochastic is 33 (neutral).
PRI PE vs Financial Services Sector
| Metric | PRI | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 13x | 11% below |
| PE % | 7 | 63 | 56 pts below |
PRI is trading at 12x earnings, a 11% discount to the Financial Services sector's median of 13x.
PRI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $280.9 | 3.9% above |
| 20 week MA | $294.7 | 0.9% below |
| 50 week MA | $276.6 | 5.5% above |
| 100 week MA | $273.5 | 6.8% above |
| 200 week MA | $247.0 | 18% above |
PRI's trend is mixed: it's above four of its five weekly moving averages, and 18% above its 200-week average.
PRI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $130.6 | $134.8 | +3.2% |
| 2021 | $134.8 | $153.6 | +14% |
| 2022 | $153.6 | $141.6 | -7.8% |
| 2023 | $141.6 | $205.8 | +45% |
| 2024 | $205.8 | $270.6 | +32% |
| 2025 | $270.6 | $260.2 | -3.8% |
| 2026 YTD | $260.2 | $292.0 | +12% |
PRI has finished higher in four of the last six years. It's up 12% so far in 2026.