Vericity (NASDAQ:VERY – Get Free Report) is one of 41 publicly-traded companies in the “Life insurance” industry, but how does it contrast to its peers? We will compare Vericity to similar companies based on the strength of its valuation, profitability, institutional ownership, dividends, analyst recommendations, earnings and risk.
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 | 6.82% | 13.46% | 1.08% |
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 | $21.02 billion | $1.29 billion | 7.05 |
Insider and Institutional Ownership
1.9% of Vericity shares are owned by institutional investors. Comparatively, 54.8% of shares of all “Life insurance” companies are owned by institutional investors. 10.4% of Vericity shares are owned by insiders. Comparatively, 14.8% of shares of all “Life insurance” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Volatility & Risk
Vericity has a beta of 0.14, suggesting that its stock price is 86% less volatile than the S&P 500. Comparatively, Vericity’s peers have a beta of 0.82, suggesting that their average stock price is 18% less volatile than the S&P 500.
Analyst Ratings
This is a breakdown of recent ratings and price targets for Vericity and its peers, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Vericity | 0 | 0 | 0 | 0 | N/A |
Vericity Competitors | 341 | 2304 | 1997 | 71 | 2.38 |
As a group, “Life insurance” companies have a potential upside of 55.11%. Given Vericity’s peers higher probable upside, analysts clearly believe Vericity has less favorable growth aspects than its peers.
Summary
Vericity peers beat Vericity on 10 of the 10 factors compared.
Vericity Company Profile
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.
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