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VERY

VERY - Vericity Inc Stock Price, Fair Value and News

11.34USD-0.04 (-0.35%)Delayed as of 28 Mar 2024, 09:35 am ET

Market Summary

VERY
USD11.34-0.04
Delayedas of 28 Mar 2024, 09:35 am
-0.35%

VERY Stock Price

View Fullscreen

VERY RSI Chart

VERY Valuation

Market Cap

169.3M

Price/Earnings (Trailing)

-11.11

Price/Sales (Trailing)

0.97

EV/EBITDA

-19.74

Price/Free Cashflow

105.73

VERY Price/Sales (Trailing)

VERY Profitability

EBT Margin

-9.94%

Return on Equity

-15.34%

Return on Assets

-1.91%

Free Cashflow Yield

0.95%

VERY Fundamentals

VERY Revenue

Revenue (TTM)

175.0M

Rev. Growth (Yr)

9.99%

Rev. Growth (Qtr)

-2.41%

VERY Earnings

Earnings (TTM)

-15.2M

Earnings Growth (Yr)

-56.83%

Earnings Growth (Qtr)

-502.98%

Breaking Down VERY Revenue

52 Week Range

4.7011.34
(Low)(High)

Last 7 days

-4.7%

Last 30 days

1.4%

Last 90 days

2.5%

Trailing 12 Months

62.0%

How does VERY drawdown profile look like?

VERY Financial Health

Debt/Equity

0.38

Debt/Cashflow

0.04

VERY Investor Care

Diluted EPS (TTM)

-1.04

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023169.0M171.0M175.0M0
2022173.9M172.6M170.4M163.9M
2021153.8M161.1M166.5M176.6M
2020138.4M139.0M140.9M147.8M
2019126.8M129.6M132.5M135.3M
2018000124.0M

Tracking the Latest Insider Buys and Sells of Vericity Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Sep 01, 2020
dong calvin
acquired
3,501
7.73
453
-
Aug 07, 2019
hohmann james e
bought
6,255,320
10.00
625,532
ceo and president
Aug 07, 2019
hemmings richard a
bought
1,935,000
10.00
193,500
-
Aug 07, 2019
harkensee james c
bought
3,277,820
10.00
327,782
executive vice president
Aug 07, 2019
kim chris s
bought
2,152,220
10.00
215,222
see remarks
Aug 07, 2019
zimmerman laura r
bought
1,201,040
10.00
120,104
see remarks
Aug 07, 2019
schacht james w
bought
51,240
10.00
5,124
-
Aug 07, 2019
buchanan john e
bought
707,030
10.00
70,703
see remarks
Aug 07, 2019
campbell christopher
bought
1,025,210
10.00
102,521
executive vice president
Aug 07, 2019
members mutual holding co
sold
-
-
-1.00
-

1–10 of 10

Which funds bought or sold VERY recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 11, 2024
VANGUARD GROUP INC
unchanged
-
157,446
333,048
-%
Feb 14, 2024
Royal Bank of Canada
added
88.24
1,000
1,000
-%
Feb 14, 2024
RBF Capital, LLC
unchanged
-
386,545
817,664
0.05%
Feb 14, 2024
Skandinaviska Enskilda Banken AB (publ)
new
-
207,355
207,355
-%
Feb 14, 2024
PenderFund Capital Management Ltd.
new
-
1,036,760
1,036,760
0.34%
Feb 14, 2024
BANK OF AMERICA CORP /DE/
new
-
15,330
15,330
-%
Feb 13, 2024
GEODE CAPITAL MANAGEMENT, LLC
reduced
-21.88
82,680
218,545
-%
Feb 13, 2024
BlackRock Inc.
added
41.93
62,158
98,898
-%
Feb 13, 2024
Tower Research Capital LLC (TRC)
reduced
-65.79
-19,972
36,916
-%

1–10 of 16

Are Funds Buying or Selling VERY?

Are funds buying VERY calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own VERY
No. of Funds

Peers (Alternatives to Vericity Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
53.7B
10.1B
3.06% 36.96%
55.38
5.33
17.79% -12.97%
53.3B
46.8B
9.05% 61.69%
14.64
1.14
-14.05% -64.38%
52.4B
41.4B
3.18% 36.01%
17.54
1.27
12.15% 5.24%
49.4B
18.7B
6.02% 37.31%
10.61
2.64
-2.30% 5.45%
34.5B
-
1.03% 3223.00%
-164.03
28.02
-25.27% -3.53%
34.2B
13.6B
5.31% 37.94%
7.7
2.51
41.83% 201.02%
11.4B
7.8B
6.26% 12.81%
13.43
1.46
11.18% -5.12%
MID-CAP
10.3B
12.4B
6.98% 29.08%
8.01
0.83
3.35% -8.77%
9.7B
11.1B
3.43% 71.25%
15.15
0.87
9.21% 132.28%
5.4B
11.6B
7.75% 48.34%
-7.24
0.47
-38.09% -155.38%
4.5B
2.8B
1.63% 49.08%
21.2
1.57
100.59% -89.04%
SMALL-CAP
1.7B
1.2B
8.37% 20.87%
-19.19
1.42
24.25% -115.79%
950.8M
306.9M
-0.88% -0.51%
15.31
3.1
4.11% 11.70%
685.6M
269.0M
-3.13% -4.99%
152.36
2.55
-46.68% -99.14%
57.1M
185.3M
14.88% 14.35%
18.41
0.31
-3.68% -1.30%

Vericity Inc News

Latest updates
CNN12 Feb 202405:15 pm

Vericity Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue-2.4%43,661,00044,737,00044,622,00041,975,00039,694,00042,731,00039,512,00048,438,00041,937,00043,968,00042,237,00038,327,00036,535,00036,657,00036,313,00031,437,00034,617,00036,054,00033,193,00032,338,00031,483,000
Operating Expenses4.0%26,755,00025,716,00025,769,00024,895,50023,133,00024,573,00025,154,00024,098,00024,537,00022,748,00023,330,00019,711,50018,466,00018,657,00023,529,00016,167,50023,574,00018,377,00018,907,000-18,232,000
EBITDA Margin-35.9%-0.06-0.04-0.07-0.10-0.07-0.07-0.06-0.07-0.09-0.08-0.13-0.16-0.14--------
Interest Expenses14.2%684,000599,000492,000717,000201,000405,000325,000347,000365,000378,000406,000414,000381,000335,000303,000195,000357,000238,000208,000--
Income Taxes-311.3%-1,612,000763,00026,000-1,322,500-591,000223,000-418,000546,500-248,000264,000-941,000-344,500-56,000-716,000-1,158,000-565,000-591,000-30,000314,000--1,051,000
Earnings Before Taxes-449.6%-9,587,0002,742,000-1,855,000-8,686,500-5,676,000-2,126,000-6,080,000-3,294,000-5,835,000-899,000-7,007,000-6,766,500-3,312,000-7,488,000-9,736,000-2,517,500-9,129,000-2,628,000-5,921,000--3,916,000
EBT Margin-26.1%-0.10-0.08-0.11-0.14-0.10-0.10-0.09-0.10-0.12-0.11-0.16-0.18-0.16--------
Net Income-503.0%-7,975,0001,979,000-1,881,000-7,364,000-5,085,000-2,349,000-5,662,000-3,840,500-5,587,000-1,163,000-6,066,000-6,422,000-3,256,000-6,772,000-8,578,000-1,952,500-8,538,000-2,598,000-6,235,000--2,865,000
Net Income Margin-20.6%-0.09-0.07-0.10-0.12-0.10-0.10-0.09-0.09-0.12-0.10-0.15-0.17-0.15--------
Free Cashflow4.0%3,686,0003,545,000-5,354,000-276,0002,005,000-3,535,000-5,564,000-2,059,0009,024,0005,793,000-13,552,0003,191,000-3,324,000--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22018Q4
Assets0.4%796793791770767764781788787775759769752745713722807674655
    Cash Equivalents15.3%8.007.005.0010.0013.0022.0014.0022.0021.0020.0013.0036.0040.0057.0053.0038.0080.0014.0021.00
Liabilities2.9%697678675659649629629615609590579574553545516509498492483
  Short Term Borrowings6.4%9.009.008.007.006.006.004.004.004.004.005.006.006.005.004.004.004.004.003.00
  Long Term Debt8.1%37.0035.0032.0030.0028.0027.0022.0022.0023.0023.0024.0025.0022.0020.0018.0017.0015.0014.0010.00
Shareholder's Equity-13.9%99.0011540.001111191140.0012217840.001331391992001971643091810.00
  Retained Earnings-7.9%94.00102100102109114116122126132133139145148155164166174175
  Additional Paid-In Capital0%40.0040.0040.0040.0040.0040.0040.0040.0040.0040.0040.0040.0040.0040.0040.0040.00133--
Shares Outstanding0%15.0015.0015.0015.0015.0015.0015.0015.0015.0015.0015.0015.0015.00------
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations4.0%3,6863,545-5,354-2762,005-3,535-5,564-2,0599,0245,793-13,5523,191-3,3245,522-86.003,9472124,283-11,232--
Cashflow From Investing-14.7%-3,591-3,1302,238-2,638-11,2105,906-8246,413-5,7373,796-5,747-7,829-14,738-2,56416,37747,808-74,697-3,0264,300--
Cashflow From Financing2.0%919901-1,365-13.002085,346-2,028-2,667-2,437-2,605-4,0656281,350800-927-93,502139,820-335-720--

VERY Income Statement

2023-09-30
Interim Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues    
Net insurance premiums$ 23,434$ 24,468$ 71,515$ 73,474
Net investment income4,0104,12612,84611,390
Net (losses) gains on investments(883)[1](1,570)[1](1,759)[2]89[2]
Earned commissions15,35411,26745,53532,792
Insurance lead sales1,0261,2593,0523,773
Other income7201441,831419
Total revenues43,66139,694133,020121,937
Benefits and expenses    
Life, annuity, and health claim benefits22,58317,50551,56747,622
Interest credited to policyholder account balances6276462,0002,100
Operating costs and expenses26,75523,13378,23972,859
Amortization of deferred policy acquisition costs3,2834,0869,91313,237
Total benefits and expenses53,24845,370141,719135,818
Income (loss) before income tax(9,587)(5,676)(8,699)(13,881)
Income tax expense (benefit)(1,612)(591)(822)(785)
Net income (loss)$ (7,975)$ (5,085)$ (7,877)$ (13,096)
Weighted average shares outstanding, basic14,875,00014,875,00014,875,00014,875,000
Weighted average shares outstanding,diluted14,875,00014,875,00014,875,00014,875,000
Basic earnings per share$ (0.54)$ (0.34)$ (0.53)$ (0.88)
Diluted earnings per share$ (0.54)$ (0.34)$ (0.53)$ (0.88)
[1]Due to the adoption of the measurement of credit losses on financial instruments accounting standard, items previously reported as OTTI, are now included in net (losses) gains on investments.
[2]Due to the adoption of the measurement of credit losses on financial instruments accounting standard, items previously reported as OTTI, are now included in net (losses) gains on investments.

VERY Balance Sheet

2023-09-30
Interim Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Investments:  
Fixed maturities - available-for-sale - at fair value (amortized cost; $334,600 and $331,946, net of allowances for credit losses of $0 and $0)$ 295,524$ 298,138
Mortgage loans (net of allowances for credit losses of $285 and $83)42,00545,270
Policyholder loans7,0626,699
Other invested assets2,8033,693
Total investments347,394353,800
Cash, cash equivalents and restricted cash7,6259,776
Accrued investment income4,0643,006
Reinsurance recoverables (net of allowances for credit losses of $126 and $126)230,585214,862
Deferred policy acquisition costs88,17190,189
Commissions and agent balances (net of allowances for credit losses of $337 and $338)50,41534,766
Intangible assets1,6351,635
Deferred income tax assets, net32,00328,437
Other assets34,29333,607
Total assets796,185770,078
Liabilities  
Future policy benefits and claims490,506453,763
Policyholder account balances72,24577,443
Other policyholder liabilities41,01247,486
Policy dividend obligations9,5449,515
Reinsurance liabilities and payables6,9596,246
Long-term debt37,31130,213
Short-term debt9,1726,976
Other liabilities30,11327,093
Total liabilities696,862658,735
Commitments and Contingencies (Note 6)
Shareholders' Equity  
Common stock, $.001 par value, 30,000,000 shares authorized, 14,875,000 shares, issued and outstanding1515
Additional paid-in capital39,84039,840
Retained earnings93,596101,660
Accumulated other comprehensive (loss) income(34,128)(30,172)
Total shareholders' equity99,323111,343
Total liabilities and shareholders' equity$ 796,185$ 770,078
VERY
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. is headquartered in Chicago, Illinois. Vericity, Inc. operates as a subsidiary of Apex Holdco, L.P.
 CEO
 WEBSITEwww.vericity.com
 EMPLOYEES417

Vericity Inc Frequently Asked Questions


What is the ticker symbol for Vericity Inc? What does VERY stand for in stocks?

VERY is the stock ticker symbol of Vericity Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Vericity Inc (VERY)?

As of Wed Mar 27 2024, market cap of Vericity Inc is 169.28 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of VERY stock?

You can check VERY's fair value in chart for subscribers.

What is the fair value of VERY stock?

You can check VERY's fair value in chart for subscribers. The fair value of Vericity Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Vericity Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for VERY so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Vericity Inc a good stock to buy?

The fair value guage provides a quick view whether VERY is over valued or under valued. Whether Vericity Inc is cheap or expensive depends on the assumptions which impact Vericity Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for VERY.

What is Vericity Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Mar 27 2024, VERY's PE ratio (Price to Earnings) is -11.11 and Price to Sales (PS) ratio is 0.97. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. VERY PE ratio will change depending on the future growth rate expectations of investors.