GL vs. SLF, PUK, CRBG, AEG, RGA, PRI, VOYA, JXN, LNC, and FG
Should you be buying Globe Life stock or one of its competitors? The main competitors of Globe Life include Sun Life Financial (SLF), Prudential (PUK), Corebridge Financial (CRBG), Aegon (AEG), Reinsurance Group of America (RGA), Primerica (PRI), Voya Financial (VOYA), Jackson Financial (JXN), Lincoln National (LNC), and F&G Annuities & Life (FG). These companies are all part of the "life insurance" industry.
Sun Life Financial (NYSE:SLF) and Globe Life (NYSE:GL) are both finance companies, but which is the superior stock? We will contrast the two businesses based on the strength of their earnings, dividends, institutional ownership, media sentiment, risk, profitability, analyst recommendations, valuation and community ranking.
52.3% of Sun Life Financial shares are owned by institutional investors. Comparatively, 81.6% of Globe Life shares are owned by institutional investors. 1.5% of Globe Life shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Globe Life has a net margin of 18.07% compared to Globe Life's net margin of 8.94%. Sun Life Financial's return on equity of 23.01% beat Globe Life's return on equity.
Sun Life Financial currently has a consensus price target of $77.00, indicating a potential upside of 56.58%. Globe Life has a consensus price target of $114.33, indicating a potential upside of 39.06%. Given Globe Life's stronger consensus rating and higher possible upside, analysts clearly believe Sun Life Financial is more favorable than Globe Life.
Sun Life Financial received 434 more outperform votes than Globe Life when rated by MarketBeat users. Likewise, 62.36% of users gave Sun Life Financial an outperform vote while only 37.06% of users gave Globe Life an outperform vote.
Sun Life Financial has a beta of 1, suggesting that its stock price has a similar volatility profile to the S&P 500.Comparatively, Globe Life has a beta of 0.78, suggesting that its stock price is 22% less volatile than the S&P 500.
Sun Life Financial has higher revenue and earnings than Globe Life. Globe Life is trading at a lower price-to-earnings ratio than Sun Life Financial, indicating that it is currently the more affordable of the two stocks.
In the previous week, Globe Life had 10 more articles in the media than Sun Life Financial. MarketBeat recorded 20 mentions for Globe Life and 10 mentions for Sun Life Financial. Globe Life's average media sentiment score of 1.25 beat Sun Life Financial's score of 0.52 indicating that Sun Life Financial is being referred to more favorably in the media.
Sun Life Financial pays an annual dividend of $2.35 per share and has a dividend yield of 4.7%. Globe Life pays an annual dividend of $0.96 per share and has a dividend yield of 1.2%. Sun Life Financial pays out 60.1% of its earnings in the form of a dividend. Globe Life pays out 9.2% 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. Sun Life Financial has raised its dividend for 10 consecutive years and Globe Life has raised its dividend for 19 consecutive years.
Summary
Globe Life beats Sun Life Financial on 12 of the 22 factors compared between the two stocks.
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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.
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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