Globe Life (GL) Competitors

$86.07
+2.13 (+2.54%)
(As of 05/17/2024 ET)

GL vs. PRI, VOYA, JXN, FG, LNC, AEL, BHF, GNW, RGA, and AEG

Should you be buying Globe Life stock or one of its competitors? The main competitors of Globe Life include Primerica (PRI), Voya Financial (VOYA), Jackson Financial (JXN), F&G Annuities & Life (FG), Lincoln National (LNC), American Equity Investment Life (AEL), Brighthouse Financial (BHF), Genworth Financial (GNW), Reinsurance Group of America (RGA), and Aegon (AEG). These companies are all part of the "life insurance" industry.

Globe Life vs.

Globe Life (NYSE:GL) and Primerica (NYSE:PRI) are both mid-cap finance companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, risk, dividends, media sentiment, valuation, institutional ownership, profitability, analyst recommendations and community ranking.

Primerica received 760 more outperform votes than Globe Life when rated by MarketBeat users. Likewise, 68.93% of users gave Primerica an outperform vote while only 36.62% of users gave Globe Life an outperform vote.

CompanyUnderperformOutperform
Globe LifeOutperform Votes
52
36.62%
Underperform Votes
90
63.38%
PrimericaOutperform Votes
812
68.93%
Underperform Votes
366
31.07%

Globe Life has higher revenue and earnings than Primerica. Globe Life is trading at a lower price-to-earnings ratio than Primerica, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Globe Life$5.45B1.46$970.76M$10.478.22
Primerica$2.82B2.79$576.60M$16.4313.88

Globe Life presently has a consensus target price of $114.33, suggesting a potential upside of 32.84%. Primerica has a consensus target price of $245.50, suggesting a potential upside of 7.64%. Given Globe Life's stronger consensus rating and higher possible upside, equities analysts clearly believe Globe Life is more favorable than Primerica.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Globe Life
0 Sell rating(s)
4 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.67
Primerica
0 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.20

Globe Life pays an annual dividend of $0.96 per share and has a dividend yield of 1.1%. Primerica pays an annual dividend of $3.00 per share and has a dividend yield of 1.3%. Globe Life pays out 9.2% of its earnings in the form of a dividend. Primerica pays out 18.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

In the previous week, Globe Life had 9 more articles in the media than Primerica. MarketBeat recorded 23 mentions for Globe Life and 14 mentions for Primerica. Primerica's average media sentiment score of 0.71 beat Globe Life's score of 0.14 indicating that Primerica is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Globe Life
5 Very Positive mention(s)
2 Positive mention(s)
16 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Primerica
4 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Globe Life has a beta of 0.78, meaning that its stock price is 22% less volatile than the S&P 500. Comparatively, Primerica has a beta of 1.1, meaning that its stock price is 10% more volatile than the S&P 500.

Primerica has a net margin of 20.44% compared to Globe Life's net margin of 18.07%. Primerica's return on equity of 27.35% beat Globe Life's return on equity.

Company Net Margins Return on Equity Return on Assets
Globe Life18.07% 23.01% 3.81%
Primerica 20.44%27.35%3.97%

81.6% of Globe Life shares are owned by institutional investors. Comparatively, 90.9% of Primerica shares are owned by institutional investors. 1.5% of Globe Life shares are owned by insiders. Comparatively, 0.9% of Primerica shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Summary

Primerica beats Globe Life on 12 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding GL and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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GL vs. The Competition

MetricGlobe LifeLife insurance IndustryFinance SectorNYSE Exchange
Market Cap$7.94B$17.89B$10.06B$18.14B
Dividend Yield1.12%2.97%5.84%3.44%
P/E Ratio8.229.0836.8622.22
Price / Sales1.461.34207.9810.59
Price / Cash5.7622.8416.6819.24
Price / Book1.581.343.326.00
Net Income$970.76M$1.02B$1.01B$966.17M
7 Day Performance-0.50%1.68%1.72%1.85%
1 Month Performance28.96%9.19%4.59%6.59%
1 Year Performance-20.51%27.24%19.56%23.69%

Globe Life Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PRI
Primerica
4.263 of 5 stars
$224.48
+0.2%
$245.50
+9.4%
+22.2%$7.72B$2.82B13.663,450
VOYA
Voya Financial
4.9418 of 5 stars
$73.62
+0.0%
$83.44
+13.3%
+5.2%$7.41B$7.35B10.469,000Positive News
JXN
Jackson Financial
3.1385 of 5 stars
$75.74
+0.5%
$61.80
-18.4%
+157.9%$5.86B$3.16B2.003,840Analyst Downgrade
Short Interest ↓
FG
F&G Annuities & Life
2.9766 of 5 stars
$40.72
+5.2%
$47.50
+16.7%
+120.1%$5.14B$4.50B20.781,165Short Interest ↑
LNC
Lincoln National
4.891 of 5 stars
$29.76
+0.8%
$28.40
-4.6%
+41.3%$5.06B$12.00B4.0711,024
AEL
American Equity Investment Life
3.0893 of 5 stars
$56.47
+0.6%
$55.33
-2.0%
+44.3%$4.49B$2.84B26.39995Analyst Forecast
High Trading Volume
BHF
Brighthouse Financial
3.0546 of 5 stars
$46.03
-0.2%
$50.29
+9.2%
+9.3%$2.86B$4.12B-2.421,500Short Interest ↑
News Coverage
GNW
Genworth Financial
3.4549 of 5 stars
$6.53
-0.3%
$7.00
+7.3%
+17.2%$2.86B$7.49B34.342,700Short Interest ↓
Positive News
RGA
Reinsurance Group of America
4.6583 of 5 stars
$207.08
+0.2%
$197.31
-4.7%
+41.5%$13.62B$18.57B16.093,900Insider Selling
News Coverage
AEG
Aegon
0.7656 of 5 stars
$6.71
+1.2%
N/A+48.9%$17.82B$11.24B0.0020,634News Coverage

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This page (NYSE:GL) was last updated on 5/19/2024 by MarketBeat.com Staff

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