Vericity (NASDAQ:VERY) & Corebridge Financial (NYSE:CRBG) Critical Analysis

Vericity (NASDAQ:VERY – Get Rating) and Corebridge Financial (NYSE:CRBG – Get Rating) are both finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, institutional ownership, valuation, dividends, risk and profitability.

Profitability

This table compares Vericity and Corebridge Financial’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Vericity	-9.94%	-11.71%	-2.18%
Corebridge Financial	N/A	N/A	N/A

Analyst Recommendations

This is a breakdown of current recommendations for Vericity and Corebridge Financial, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Vericity	0	0	0	0	N/A
Corebridge Financial	0	5	7	0	2.58

Corebridge Financial has a consensus price target of $24.91, suggesting a potential upside of 59.37%. Given Corebridge Financial’s higher probable upside, analysts clearly believe Corebridge Financial is more favorable than Vericity.

Institutional and Insider Ownership

1.4% of Vericity shares are held by institutional investors. Comparatively, 22.2% of Corebridge Financial shares are held by institutional investors. 10.5% of Vericity shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Valuation and Earnings

This table compares Vericity and Corebridge Financial’s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Vericity	$176.58 million	0.67	-$16.66 million	N/A	N/A
Corebridge Financial	$18.02 billion	0.56	$8.15 billion	N/A	N/A

Corebridge Financial has higher revenue and earnings than Vericity.

Summary

Corebridge Financial beats Vericity on 8 of the 10 factors compared between the two stocks.

About Vericity

(Get Rating)

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.

About Corebridge Financial

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Corebridge Financial, Inc. provides retirement solutions and insurance products in the United States. It operates through Individual Retirement, Group Retirement, Life Insurance, and Institutional Markets segments. The Individual Retirement segment provides fixed annuities, fixed index annuities, variable annuities and retail mutual funds. The Group Retirement segment offers record-keeping services, plan administration and compliance services, and financial planning and advisory solutions to employer-defined contribution plans and their participants, as well as proprietary and non-proprietary annuities, advisory services, and brokerage products. The Life Insurance segment offers term life and universal life insurance in the United States, as well as issues individual life, whole life, and group life insurance in the United Kingdom; and distributes medical insurance in Ireland. The Institutional Markets segment provides stable value wraps, structured settlement and pension risk transfer annuities, corporate and bank owned life insurance, high net worth products, and guaranteed investment contracts. The company was formerly known as SAFG Retirement Services, Inc. Corebridge Financial, Inc. was incorporated in 1998 and is headquartered in Houston, Texas. Corebridge Financial, Inc. operates as a subsidiary of American International Group, Inc.