Vericity (NASDAQ:VERY – Get Free Report) is one of 42 public companies in the “Life insurance” industry, but how does it weigh in compared to its rivals? We will compare Vericity to related companies based on the strength of its earnings, risk, valuation, analyst recommendations, institutional ownership, profitability and dividends.
Earnings and Valuation
This table compares Vericity and its rivals gross revenue, earnings per share 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 rivals have higher revenue and earnings than Vericity. Vericity is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
Institutional and Insider Ownership
Analyst Recommendations
This is a breakdown of current ratings and price targets for Vericity and its rivals, as provided 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 rivals higher probable upside, analysts plainly believe Vericity has less favorable growth aspects than its rivals.
Profitability
This table compares Vericity and its rivals’ 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 share price is 86% less volatile than the S&P 500. Comparatively, Vericity’s rivals have a beta of 0.83, meaning that their average share price is 17% less volatile than the S&P 500.
Summary
Vericity rivals 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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