Last $20.25 USD
Change Today +0.31 / 1.55%
Volume 419.3K
SYA On Other Exchanges
Symbol
Exchange
Berlin
New York
As of 8:04 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

symetra financial corp (SYA) Snapshot

Open
$19.95
Previous Close
$19.94
Day High
$20.47
Day Low
$19.93
52 Week High
03/7/14 - $20.64
52 Week Low
04/26/13 - $12.78
Market Cap
2.4B
Average Volume 10 Days
454.8K
EPS TTM
$1.60
Shares Outstanding
117.3M
EX-Date
03/14/14
P/E TM
12.7x
Dividend
$0.40
Dividend Yield
1.78%
Current Stock Chart for SYMETRA FINANCIAL CORP (SYA)

symetra financial corp (SYA) Related Businessweek News

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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.

1,230 Employees
Last Reported Date: 02/25/14
Founded in 1957

symetra financial corp (SYA) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $525.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $400.0K
Chief Information Officer and Senior Vice Pre...
Total Annual Compensation: $275.0K
Executive Vice President of Retirement Divisi...
Total Annual Compensation: $635.0K
Senior Vice President of Benefits Division - ...
Total Annual Compensation: $435.0K
Compensation as of Fiscal Year 2013.

symetra financial corp (SYA) Key Developments

Symetra Financial Corporation Increases Cash Dividend, Payable on or About March 28, 2014

On March 5, 2014, Symetra Financial Corporation's board of directors declared a cash dividend of $0.10 per share on the company's stock -- an increase of $0.01, or 11%, over the prior dividend level. The dividend will be payable on or about March 28, 2014 to common shareholders of record as of the close of business on March 18, 2014.

Symetra Financial Corporation Presents at AIFA Annual Conference, Mar-02-2014 through Mar-04-2014

Symetra Financial Corporation Presents at AIFA Annual Conference, Mar-02-2014 through Mar-04-2014. Venue: Boca Raton Resort & Club, Boca Raton, Florida, United States. Presentation Date & Speakers: Mar-04-2014, Margaret Alice Meister, Chief Financial Officer, Principal Accounting Officer and Executive Vice President, Michael W. Fry, Executive Vice President of Benefits Division - Symetra Life Insurance Company.

Symetra Financial Corporation Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2013; Reports Impairment Losses for the Fourth Quarter of 2013; Provides Earnings Guidance for the Year 2014

Symetra Financial Corporation announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2013. The company reported fourth quarter 2013 adjusted operating income of $50.0 million, or $0.42 per diluted share, compared with $32.9 million, or $0.24 per diluted share, for the fourth quarter of 2012. For the fourth quarter of 2013, net income was $64.4 million, or $0.55 per diluted share, compared with $31.0 million, or $0.22 per diluted share, in the same period a year ago. Adjusted operating income was $50.0 million or $0.42 per diluted share against $32.9 million or $0.24 per diluted share a year ago. Total revenues were $543.1 million and income from operations before income taxes was $82.5 million against total revenues of $520.8 million and income from operations before income taxes of $43.9 million a year ago. For full-year 2013, the company produced adjusted operating income of $200.9 million, or $1.59 per diluted share, compared with $185.3 million, or $1.34 per diluted share, in 2012. For full-year 2013, the company reported net income of $220.7 million, or $1.74 per diluted share, compared with $205.4 million, or $1.49 per diluted share, in 2012. Adjusted operating income was $200.9 million or $1.59 per diluted share against $185.3 million or $1.34 per diluted share a year ago. Return on equity was 6.8% against 6.1% a year ago. Operating return on average equity was 8.8% against 8.5% a year ago. Total revenues were $2,139.5 million and income from operations before income taxes was $274.1 million against total revenues of $2,101.2 million and income from operations before income taxes of $270.1 million a year ago. Adjusted book value per common share, as converted was $19.95 against $17.94 a year ago. Book value per common share was $24.99 against $26.29 a year ago. Net impairment losses recognized in earnings was $2.9 million for the fourth quarter of 2013 against $3.8 million a year ago. The company expects to generate adjusted operating income per diluted share of $1.65 to $1.85 in 2014.

 

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Industry Analysis

SYA

Industry Average

Valuation SYA Industry Range
Price/Earnings 11.6x
Price/Sales 1.1x
Price/Book 0.8x
Price/Cash Flow 10.8x
TEV/Sales 0.6x
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