Loading…
Ray DalioReduced
Bridgewater Associates · Q2 2026
$7.09M
24.94K shares · 0.0% of portfolio
Primerica, Inc.
Primerica, Inc. (PRI) is listed on NYSE and classified in Insurance - Life, part of the Financial Services sector. It is headquartered in Duluth, United States and has 2,301 employees. The company is worth $8.79B and trades at 11.5x its earnings of the last twelve months; the median for its sector is 13.2x. Revenue was $3.29B in fiscal 2025, up 6.6% from the year before. Net income was $751.23M. The share price is 12.7% below its 52-week high of $327.28. It pays a dividend yielding 1.68%, and has raised its annual dividend for 14 years in a row in our records. 6 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Cliff Asness (AQR Capital Management), at $113.55M. In that quarter, 4 of them opened or added to the position and 2 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +92.1% over 5Y.
today you would have $1,809.32▲ +80.9%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 16 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $258.36 | $271.42 | $205.76 | $141.82 | $153.27 | $133.93 | $130.56 | $97.71 | $101.55 | $69.15 | $47.23 | $54.26 | $42.91 | $30.01 | $23.24 | $24.25 | |
| P/E | 13.1x |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 19.1% a year plus a 1.7% dividend yield. Growth capped at 25%.
Median P/E of 13.2 among peers in the sector.
Median P/E of 13.1 across this company’s own years on record.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Financial Services, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| KNSLKinsale Capital Group, Inc. | $390.64 | 15.3x | 4.4x | 0.26% | 30.27% | $8.9B |
| VOYAVoya Financial, Inc. | $98.42 | 16.6x | 1.9x | 1.91% | 9.61% | $8.92B |
| GLXYGalaxy Digital Inc. | $15.29 | — | 1.6x | 0.00% | -10.41% | $9.01B |
| JXNJackson Financial Inc. | $133.32 |
| 11.3x |
| 19.8x |
| 12.9x |
| 11.5x |
| 12.8x |
| 14.0x |
| 15.1x |
| 13.3x |
| 13.3x |
| 15.1x |
| 12.8x |
| 16.5x |
| 15.2x |
| 11.1x |
| 11.2x |
| 7.9x |
| P/S | 2.2x | 2.5x | 2.9x | 2.6x | 2.0x | 2.2x | 2.4x | 2.6x | 2.2x | 2.7x | 2.1x | 1.6x | 2.1x | 1.9x | 1.5x | 1.4x | 1.3x |
| P/B | 2.7x | 3.3x | 4.0x | 3.5x | 2.6x | 6.5x | 2.9x | 3.2x | 2.8x | 3.2x | 2.6x | 2.0x | 2.3x | 1.9x | 1.3x | 1.1x | 1.3x |
| EPS | $22.91 | $13.71 | $15.94 | $12.33 | $11.99 | $9.57 | $8.62 | $7.33 | $7.61 | $4.59 | $3.70 | $3.29 | $2.83 | $2.71 | $2.08 | $3.06 |
| Dividend yield | 1.03% | 1.61% | 1.22% | 1.26% | 1.55% | 1.23% | 1.19% | 1.04% | 1.02% | 0.77% | 1.01% | 1.36% | 0.88% | 1.03% | 0.80% | 0.43% | 0.08% |
| Payout | 15.61% | 18.16% | 24.07% | 16.31% | 17.84% | 15.68% | 16.72% | 15.78% | 13.64% | 10.25% | 15.25% | 17.30% | 14.59% | 15.55% | 8.86% | 4.81% | 0.65% |
| Profit margin | 17.06% | 22.82% | 15.23% | 20.98% | 17.76% | 17.62% | 17.41% | 17.85% | 17.06% | 20.74% | 14.44% | 13.52% | 13.57% | 13.24% | 15.06% | 14.25% | 17.07% |
| ROE | 20.93% | 30.71% | 20.83% | 27.91% | 23.24% | 51.58% | 21.03% | 22.17% | 22.18% | 24.68% | 17.96% | 16.57% | 14.57% | 13.32% | 13.63% | 11.85% | 17.14% |
Median of the years shown; P/E years above 200x are left out.
Dividend growing 6.9% a year against a 8.4% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
5 methods answered, across 2 families.
Room for errors in the reported numbers.
+12.5% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 143.4x |
| 1.0x |
| 2.70% |
| 1.38% |
| $9.03B |
| COLBColumbia Banking System Inc | $29.89 | 11.7x | 1.1x | 4.95% | 11.03% | $8.46B |
| PBProsperity Bancshares Inc | $69.85 | 11.8x | 0.8x | 3.44% | 7.07% | $8.39B |