Vericity (NASDAQ:VERY – Get Free Report) is one of 42 public companies in the “Life insurance” industry, but how does it contrast to its peers? We will compare Vericity to similar businesses based on the strength of its risk, profitability, earnings, valuation, dividends, institutional ownership and analyst recommendations.
Institutional & Insider Ownership
1.9% of Vericity shares are owned by institutional investors. Comparatively, 55.8% of shares of all “Life insurance” companies are owned by institutional investors. 10.4% of Vericity shares are owned by insiders. Comparatively, 14.3% of shares of all “Life insurance” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Earnings & Valuation
This table compares Vericity and its peers revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Vericity | $177.57 million | -$9.89 million | -16.69 |
Vericity Competitors | $20.35 billion | $1.26 billion | -22,196.82 |
Analyst Ratings
This is a breakdown of recent ratings for Vericity and its peers, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Vericity | 0 | 0 | 0 | 0 | N/A |
Vericity Competitors | 360 | 2381 | 2041 | 73 | 2.38 |
As a group, “Life insurance” companies have a potential upside of 54.89%. Given Vericity’s peers higher probable upside, analysts plainly believe Vericity has less favorable growth aspects than its peers.
Volatility & Risk
Vericity has a beta of 0.14, indicating that its stock price is 86% less volatile than the S&P 500. Comparatively, Vericity’s peers have a beta of 0.82, indicating that their average stock price is 18% less volatile than the S&P 500.
Profitability
This table compares Vericity and its peers’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Vericity | -5.57% | -9.13% | -1.23% |
Vericity Competitors | 6.57% | 12.94% | 1.03% |
Summary
Vericity peers beat Vericity on 9 of the 10 factors compared.
About Vericity
Vericity, Inc., together with its subsidiaries, provides life insurance protection products for the middle American market. The company operates through Agency and Insurance segments. The Agency segment sells life insurance products for unaffiliated insurance companies through its call center distribution platform, as well as through its independent agents and other marketing organizations. This segment is also involved in the insurance lead sale activities through its eCoverage web presence. The Insurance segment provides term life, accidental death, and final expense products. Vericity, Inc. was incorporated in 2013 and is headquartered in Des Plaines, Illinois.
Receive News & Ratings for Vericity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vericity and related companies with MarketBeat.com's FREE daily email newsletter.