Last $22.58 USD
Change Today -0.28 / -1.22%
Volume 215.5K
SYA On Other Exchanges
Symbol
Exchange
Berlin
New York
As of 8:04 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

symetra financial corp (SYA) Snapshot

Open
$22.76
Previous Close
$22.86
Day High
$22.98
Day Low
$22.44
52 Week High
12/29/14 - $23.88
52 Week Low
03/14/14 - $18.08
Market Cap
2.6B
Average Volume 10 Days
224.4K
EPS TTM
$1.95
Shares Outstanding
115.8M
EX-Date
11/24/14
P/E TM
11.6x
Dividend
$0.40
Dividend Yield
7.53%
Current Stock Chart for SYMETRA FINANCIAL CORP (SYA)

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symetra financial corp (SYA) Details

Symetra Financial Corporation, together with its subsidiaries, provides products and services that serve the retirement, employee benefits, and life insurance markets in the United States and the District of Columbia. The company operates through three divisions: Benefits, Retirement, and Individual Life. The Benefits division provides medical stop-loss, limited benefit medical, group life, accidental death and dismemberment, and disability income insurance products to employers, unions, and public agencies, as well as provides underwriting and consulting services. The Retirement division offers fixed and variable deferred annuities to consumers who accumulate tax-deferred assets for retirement; single premium immediate annuities to customers seeking a reliable source of retirement income or to protect against outliving their assets during retirement; and funding services options to structured settlement clients. The Individual Life division provides various individual life insurance products, such as term and universal life insurance; and institutional products, including bank-owned life insurance and variable corporate-owned life insurance. The company distributes its products through a network of benefits consultants, financial institutions, independent agents and advisers, third party administrators, employee benefits brokers, and consultants and administrative services only insurance carriers, as well as through brokerage general agents and specialty agents. Symetra Financial Corporation was founded in 1957 and is headquartered in Bellevue, Washington.

1,400 Employees
Last Reported Date: 02/26/15
Founded in 1957

symetra financial corp (SYA) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $525.0K
Chief Financial Officer, Chief Risk Officer a...
Total Annual Compensation: $400.0K
Executive Vice President of Retirement Divisi...
Total Annual Compensation: $635.0K
Senior Vice President of Benefits Division - ...
Total Annual Compensation: $435.0K
Executive Vice President of Benefits Division...
Total Annual Compensation: $376.9K
Compensation as of Fiscal Year 2013.

symetra financial corp (SYA) Key Developments

Symetra Financial Corporation Mulls Acquisition

Symetra Financial Corporation (NYSE:SYA) is seeking acquisitions. Margaret Meister, Executive Vice President and Chief Financial Officer of Symetra Financial Corporation, said in Symetra Financial Corporation earnings call, “Our capital priorities remain the same: support a continued strong pace of organic business growth, keep capital to support targeted acquisition opportunities should they arise, and actions to return capital to shareholders, which could take the form of either dividends or share repurchases.”

Symetra Financial Corporation Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the Full Year of 2015

Symetra Financial Corporation reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total revenues of $580.8 million, income from operations before income taxes of $495.5 million, net income of $67.6 million or $0.58 per basic and diluted share compared to the total revenues of $543.1 million, income from operations before income taxes of $82.5 million, net income of $64.4 million or $0.55 per basic and diluted share for the same quarter year ago. Adjusted operating income was $60.7 million or $0.52 per diluted share compared to the $50.0 million or $0.42 per diluted share for the same quarter year ago. For the full year, the company reported total revenues of $2,182.4 million, income from operations before income taxes of $299.9 million, net income of $254.4 million or $2.19 per diluted share compared to the total revenues of $2,139.5 million, income from operations before income taxes of $274.1 million, net income of $220.7 million or $1.74 per diluted share for the same period year ago. Adjusted operating income was $227.2 million or $1.95 per diluted share compared to the $200.9 million or $1.59 per diluted share for the same period year ago. Adjusted book value per common share as on December 31, 2014 was $20.47 against $19.95 as on December 31, 2013. The company provided earnings guidance for the full year of 2015. The company expects to generate adjusted operating income per diluted share of $1.75 to $1.95 in 2015 or relatively flat to 2014. For 2015, the company expected the loss ratio to return to the target range, which it increased to 65% to 67% to reflect continued growth in group life and disability income. Operating ROE expected to be about equal with 2014 results. Income from alternative investments expected to be also in line with 2014. And it continue to add tax credit investments in 2015, which it expect will help drive the effective tax rate down to around 10% for the year.

Symetra Financial Corporation to Report Q4, 2014 Results on Feb 04, 2015

Symetra Financial Corporation announced that they will report Q4, 2014 results at 5:00 PM, Eastern Standard Time on Feb 04, 2015

 

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Industry Analysis

SYA

Industry Average

Valuation SYA Industry Range
Price/Earnings 10.3x
Price/Sales 1.2x
Price/Book 0.8x
Price/Cash Flow 10.3x
TEV/Sales 0.5x
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