Primerica Inc. (NYSE:PRI) is one of the most undervalued quality stocks to buy right now. On January 28, TD Cowen increased its price target for Primerica to $326 from $322 while maintaining a Buy rating on the shares. This adjustment was made as part of the firm’s broader Q4 2025 preview of the life insurance group, in which TD Cowen maintains a balanced sector view despite anticipating a slight headwind from lower alternative returns. In Q3 2025, Primerica Inc. (NYSE:PRI) reported a 7% increase in adju ...

Core Viewpoint - JPMorgan downgraded Principal Financial Group (NASDAQ:PFG) from Overweight to Neutral with a price target of $103, indicating a shift in preference towards other life insurance stocks rather than a negative outlook on Principal Financial Group itself [1]. Group 1: Company Overview - Principal Financial Group, Inc. (NASDAQ:PFG) is a major player in the asset management sector, providing a range of financial products and services including retirement solutions, life and health insurance, wellness programs, and investment and banking products [5]. Group 2: Market Position and Valuation - JPMorgan highlighted that Principal Financial Group has a "superior business mix" characterized by lower tail risk, higher return on equity (ROE), and better free cash flow compared to most life insurance peers [3]. - The firm's valuation of Principal Financial Group is considered "attractive," although it is no longer seen as overly enticing on a relative basis following its outperformance in 2025 [4]. Group 3: Potential Catalysts - Stronger asset management flows are identified as a potential "near-term catalyst" for the stock's performance, suggesting that there may be opportunities for growth despite the recent downgrade [4].

Core Insights - Reinsurance Group of America (RGA) shares are trading at a discount compared to the Zacks Life Insurance industry, with a forward price-to-book value of 1X, lower than the industry average of 2X and the Finance sector's 4.36X [1] - RGA has a market capitalization of $13.08 billion and an average trading volume of 0.4 million shares over the last three months [1] Group 1: Price Performance and Valuation - RGA shares have gained 2.9% over the last six months, while the industry has grown by 10.8% [3] - RGA closed at $197.93, trading above its 50-day and 200-day simple moving averages of $195.19 and $193.72, indicating solid upward momentum [4] - The average price target for RGA from nine analysts is $240.00 per share, suggesting an 18.74% upside from the last closing price [9] Group 2: Financial Performance and Growth Projections - The Zacks Consensus Estimate projects RGA's earnings per share and revenues to increase by 22.8% and 8.7%, respectively, in 2026 compared to 2025 estimates [8] - RGA's return on invested capital (ROIC) has consistently increased, reaching 5.52% in the trailing 12 months, significantly higher than the industry average of 0.6% [10] Group 3: Business Outlook and Strategy - RGA's outlook is supported by new business, stable in-force earnings, and favorable longevity trends, with growth anticipated from global protection demand and rising retirement needs [7] - The company is a leader in the U.S. and Latin American markets, with a diversified product line contributing to risk diversification and stable earnings [14] - RGA is well-capitalized, actively deploying capital into growth opportunities while also returning excess capital to shareholders through dividends and share repurchases [16][18] Group 4: Technological Integration and Market Position - RGA is ramping up technological inclusion in its products and is a global leader in biometric liability reinsurance, with favorable mortality, morbidity, and longevity experiences over the last five quarters [17] - The company has maintained a free cash flow conversion rate of over 85% in recent quarters, reflecting solid earnings [17] Group 5: Long-term Prospects - New business volumes, favorable longevity experience, and effective capital deployment are expected to favor RGA in the long term [19] - The stock has a VGM Score of A, indicating attractive value, growth, and momentum [19]

Core Insights - Voya Financial, Inc. (VOYA) shares closed at $77.34, close to its 52-week high, indicating strong investor confidence and potential for further price appreciation [2] - The stock is trading above its 50-day and 200-day simple moving averages, suggesting solid upward momentum [2] Market Performance - Voya Financial has a market capitalization of $7.45 billion, with an average trading volume of 0.7 million shares over the last three months [3] - The stock has gained 6.1% over the last six months, compared to the industry growth of 13.5% [8] - Voya Financial has outperformed peers such as Reinsurance Group of America, Sun Life Financial, and Primerica in the same period [10] Valuation Metrics - Voya Financial shares are trading at a price-to-book value of 1.07X, which is lower than the Zacks Life Insurance industry average of 2.04X, suggesting a better entry point for investors [4] - The average price target from 11 analysts is $85.00 per share, indicating a potential upside of 9.13% from the last closing price [12] Growth Drivers - Voya's growth is supported by strong performance in its Retirement, Investment Management, and Employee Benefits segments [7] - The Retirement segment is experiencing growth due to onboarded assets, favorable market conditions, and disciplined spending [15] - The Investment Management segment benefits from higher capital returns and fee revenues, bolstered by a strategic partnership with Allianz [16][17] - The Employee Benefits segment is expected to improve due to lower premium-driven expenses and higher alternative investment income [18] Financial Health - Voya generated over $0.2 billion of excess capital in Q3 2025, representing approximately 90% of after-tax adjusted operating earnings [19] - The company ended Q3 2025 with approximately $350 million of excess capital and a strong balance sheet [19] - Voya plans to return between $100 million and $150 million in dividends and share repurchases throughout 2026 [20] Strategic Outlook - Voya Financial is well-positioned for growth due to improved investment income, favorable market conditions, and strategic partnerships [22] - The company is expected to continue benefiting from its solid dividend history, growth projections, and attractive valuations [23]

Group 1 - The article does not provide any specific content related to a company or industry [1]

Market Overview - Markets opened marginally higher on Wednesday, with the BSE Sensex trading at ₹84,685.74, up 5.88 points or 0.01 per cent, and the NSE Nifty 50 at ₹25,868.55, up 8.45 points or 0.03 per cent [1] - The previous session saw sharp losses, with Nifty closing 167 points lower and Sensex down 522 points [4] Global Market Sentiment - Global markets are trading cautiously due to uncertainty over the US interest-rate trajectory, with mixed signals from US job data and flat retail sales growth affecting risk appetite [2] - Persistent foreign institutional investor (FII) selling and weakness in the Indian rupee are key near-term headwinds, despite stable domestic fundamentals [2] Domestic Market Dynamics - Domestic inflows through Systematic Investment Plans (SIPs) and insurance channels are providing a structural buffer against downside risks [2] - The Nifty's short-term trend has shifted to mildly bearish after slipping below the 20-day EMA at 25,950, which is now acting as immediate resistance [4] Sector Performance - Among the top gainers on the Nifty 50, Shriram Finance led with a gain of 1.38 per cent, followed by State Bank of India at 1.33 per cent and Eicher Motors at 1.25 per cent [2] - On the losing side, ICICI Bank emerged as the top loser, declining 1.46 per cent, followed by HDFC Life Insurance and Max Healthcare Institute [3] Technical Analysis - The focus is on the 25,700–25,800 support band, which has emerged as a strong demand zone in recent sessions [4] - Technical analysts maintain a cautious outlook, expecting Indian equity markets to open on a subdued note due to mixed global cues and continued FII selling [4] Long-term Perspective - The recent sharp fall in the rupee and crude oil prices is attracting investor attention, with a decline in crude due to poor demand from China and the US being viewed positively for India's macros [4]

Core Insights - Security National Financial Corporation (SNFC) is set to hold a groundbreaking ceremony for the Mountain Vistas Mausoleum at Singing Hills Memorial Park, emphasizing its commitment to creating thoughtfully designed memorial spaces for families in the San Diego region [1][3]. Company Overview - Security National Financial Corporation operates a diversified range of businesses, including life insurance, cemetery and mortuary services, and mortgage segments, focusing on stability, integrity, and long-term stewardship [6]. - The company aims to provide financial security, compassionate care, and lasting value through its services, helping families honor the lives and legacies of their loved ones [6]. Project Details - The Mountain Vistas Mausoleum represents a significant expansion of Singing Hills Memorial Park, which has been recognized for its serene landscape and compassionate service since its establishment in 1996 [2][5]. - The mausoleum will offer exclusive predevelopment pricing immediately after the groundbreaking, allowing families to secure space at preferred rates [3]. - The groundbreaking ceremony is scheduled for December 18, 2025, at 2 pm, marking the official start of construction [3]. Community and Partnerships - The project is a collaboration with Matthews Gibraltar Mausoleum & Construction, along with local partners such as Walsh Engineering, Ironman Enterprises, and Dalley Masonry, highlighting the importance of trusted local relationships in the development process [4]. - The expansion aims to enhance the park's reputation as a distinctive, boutique setting for memorialization, reinforcing its mission to provide families with meaningful choices and exceptional care [4].

Core Insights - The life insurance industry is focusing on redesigning and repricing products to maintain sales and profitability, with increased automation expected to drive premium growth and efficiency [1][5] - The Federal Reserve's recent interest rate cut to 3.5%-3.75% poses challenges for life insurers as they invest premiums to meet guaranteed obligations [1][3] - The life insurance market is projected to grow, with gross written premiums expected to reach $1.34 trillion by 2025 and $2.5 trillion by 2026 [2][4] Industry Overview - The Zacks Life Insurance industry includes companies providing life insurance and retirement benefits, with a growing demand for protection products driven by an increasing number of baby boomers [2] - Economic growth is fostering confidence in the market, although rising mortality costs may impact profitability [2] Trends Impacting the Industry - Interest rates have been lowered, which may weigh on investment returns for life insurers, but could also relieve pressure on indexed universal life and whole life sales [3] - Product redesigning is leading to a shift away from long-duration term life insurance, with a focus on investment products that offer bundled covers [4] - The adoption of technology is increasing, with insurers leveraging digital platforms and AI to enhance efficiency and reduce operational costs [5] Market Performance - The life insurance industry has underperformed compared to the S&P 500 and the Finance sector, with a year-to-date gain of 4.7% compared to 15% for the Finance sector and 18.6% for the S&P 500 [9] - The industry's current price-to-book (P/B) ratio is 1.89X, significantly lower than the S&P 500's 8.51X and the Finance sector's 4.22X [11] Company Highlights - Jackson Financial (Zacks Rank 1) is expected to grow due to diversified product sales and a strong contribution from Registered Index-Linked Annuities [15][16] - F&G Annuities & Life (Zacks Rank 1) is evolving into a fee-based, higher-margin business, capitalizing on demographic trends and untapped market demand [20] - AIA Group (Zacks Rank 2) benefits from a strong agent force and a shareholder-friendly capital return program, with earnings expected to grow [25] - Manulife Financial (Zacks Rank 2) is well-positioned for growth due to its strong Asia business and investments in digital capabilities [28] - Lincoln National (Zacks Rank 2) is expected to benefit from a recovering Group Protection business and pricing discipline [32]

Core Insights - Voya Financial, Inc. (VOYA) shares are trading at a discount compared to the Zacks Life Insurance industry, with a forward price-to-book value of 0.98X, lower than the industry average of 1.89X and the Finance sector's 4.24X [2] - The company has a market capitalization of $6.71 billion and an average trading volume of 0.7 million shares over the last three months [2] Valuation Comparison - Voya Financial is attractively valued compared to competitors such as Primerica, Inc. (PRI), Manulife Financial Corp. (MFC), and Sun Life Financial Inc. (SLF) [3] Earnings Growth - Earnings for Voya Financial grew by 12.2% over the last five years, surpassing the industry average of 7.8% [4] - The company has consistently beaten earnings estimates, with an average surprise of 42.92% over the last four quarters [4] - Year-to-date, Voya Financial shares have increased by 1.2%, while the industry has grown by 4.5% [4] Future Projections - The Zacks Consensus Estimate for Voya Financial's 2025 earnings per share indicates a year-over-year increase of 46.5%, with revenues expected to reach $1.34 billion, reflecting a 24.6% improvement [5] - Projections for 2026 show earnings per share and revenues increasing by 12.2% and 3.6%, respectively, from 2025 estimates [5] Growth Drivers - Voya's growth is supported by strong performance in its Retirement, Investment Management, and Employee Benefits segments [8] - The Retirement segment benefits from onboarded assets, favorable markets, and higher investment income [11] - The Investment Management segment is expected to gain from higher capital returns and fee revenues [12] - A strategic partnership with Allianz Global Investors is enhancing Voya's Investment Management capabilities [13] - The Employee Benefits segment is likely to improve due to lower claim developments and disciplined management of expenses [14] Financial Strength - Voya Financial generated over $0.2 billion of excess capital in Q3 2025, representing approximately 90% of after-tax adjusted operating earnings [15] - The company ended Q3 2025 with a strong balance sheet and approximately $350 million of excess capital, with an estimated combined RBC ratio of 407% [15] Capital Deployment - Voya plans to return between $100 million and $150 million in quarterly dividends and share repurchases throughout 2026, subject to market conditions [16] - The company has remaining share repurchase authorization of $661 million as of September 30, 2025 [16] Analyst Sentiment - Analysts have raised estimates for Voya Financial, with the consensus for 2025 and 2026 earnings moving up by 3% and 0.09%, respectively, in the last 60 days [9] Overall Positioning - Voya Financial is well-positioned for growth due to improved investment income, favorable market conditions, and strategic partnerships [19] - The company is expected to benefit from its strong dividend history, solid growth projections, and attractive valuations [20]

Core Insights - DXC Technology announced the successful migration of 732,000 policies to the DXC Assure Platform for ivari, a Canadian life insurance company, resulting in a 22 percent reduction in operating costs and the launch of four new products [1][1][1] - The migration enhances scalability, resilience, and security, allowing ivari to streamline operations and accelerate time to market for new life insurance products [1][1][1] - The partnership with DXC enables ivari to modernize its core systems while maintaining service continuity for policyholders and distribution partners [1][1][1] Company Overview - DXC Technology is a leading global provider of information technology services, specializing in helping organizations modernize their systems and processes [1][1][1] - The company has over 40 years of experience in insurance innovation and serves many of the world's leading insurers, including 21 of the top 25 carriers [1][1][1] - DXC's offerings include insurance software and business process services that facilitate cloud migration and digital-first experiences for policyholders and distribution partners [1][1][1] Industry Context - The life insurance market is undergoing rapid changes, necessitating modernization of core systems to remain competitive [1][1][1] - The collaboration between DXC and AWS is aimed at driving cloud-enabled modernization across the insurance industry [1][1][1] - The successful migration and operational improvements achieved by ivari serve as a model for other insurers looking to embrace a cloud-powered future [1][1][1]