Vericity (NASDAQ:VERY – Get Free Report) is one of 42 publicly-traded companies in the “Life insurance” industry, but how does it contrast to its competitors? We will compare Vericity to similar companies based on the strength of its institutional ownership, profitability, risk, valuation, earnings, analyst recommendations and dividends.
Analyst Recommendations
This is a breakdown of current ratings and recommmendations for Vericity and its competitors, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Vericity | 0 | 0 | 0 | 0 | N/A |
Vericity Competitors | 360 | 2391 | 2043 | 73 | 2.38 |
As a group, “Life insurance” companies have a potential upside of 51.60%. Given Vericity’s competitors higher possible upside, analysts clearly believe Vericity has less favorable growth aspects than its competitors.
Earnings and Valuation
Gross Revenue | Net Income | Price/Earnings Ratio | |
Vericity | $177.57 million | -$9.89 million | -16.74 |
Vericity Competitors | $20.40 billion | $1.26 billion | 7.68 |
Vericity’s competitors have higher revenue and earnings than Vericity. Vericity is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Profitability
This table compares Vericity and its competitors’ 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 | 7.37% | 13.01% | 1.04% |
Risk and Volatility
Vericity has a beta of 0.14, meaning that its stock price is 86% less volatile than the S&P 500. Comparatively, Vericity’s competitors have a beta of 0.83, meaning that their average stock price is 17% less volatile than the S&P 500.
Insider & Institutional 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 company insiders. Comparatively, 14.3% of shares of all “Life insurance” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
Summary
Vericity competitors beat Vericity on 10 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.
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