13 Cheap Mid-Cap Stocks to Add to Your Portfolio

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8. Primerica, Inc. (NYSE:PRI)

Market Cap: $8.58 billion

Forward P/E: 12.73

Number of Hedge Fund Holders: 40

Primerica, Inc. (NYSE:PRI) is one of the 13 Cheap Mid-Cap Stocks to Add to Your Portfolio. In a report released on June 3, Suneet Kamath from Jefferies maintained a Hold rating on Primerica, Inc. (NYSE:PRI) with a price target of $290.

The company’s fiscal Q1 2025 results showed a 7% year-over-year growth in the life-licensed sales force to 152,167, while revenue for the quarter was $804.8 million, up 9% compared to fiscal Q1 2024. Investment and Savings Products sales also grew 28% to a record $3.6 billion.

Management expects Primerica, Inc. (NYSE:PRI) to demonstrate resilience in the face of increasing economic uncertainty, supported by its personalized client support and balanced business model.

Primerica, Inc. (NYSE:PRI) provides financial products to middle-income households and operates through the segments Term Life Insurance, Investment and Savings Products, Senior Health, and Corporate and Other Distributed Products.

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