GL vs. PRI, VOYA, LNC, JXN, FG, AEL, AEG, CRBG, BHF, and GNW
Should you be buying Globe Life stock or one of its competitors? The main competitors of Globe Life include Primerica (PRI), Voya Financial (VOYA), Lincoln National (LNC), Jackson Financial (JXN), F&G Annuities & Life (FG), American Equity Investment Life (AEL), Aegon (AEG), Corebridge Financial (CRBG), Brighthouse Financial (BHF), and Genworth Financial (GNW). These companies are all part of the "life insurance" industry.
Primerica (NYSE:PRI) and Globe Life (NYSE:GL) 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, institutional ownership, profitability, analyst recommendations, community ranking, risk, valuation, dividends and media sentiment.
Primerica pays an annual dividend of $3.00 per share and has a dividend yield of 1.4%. Globe Life pays an annual dividend of $0.96 per share and has a dividend yield of 1.5%. Primerica pays out 18.9% of its earnings in the form of a dividend. Globe Life pays out 9.5% 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. Primerica has raised its dividend for 15 consecutive years and Globe Life has raised its dividend for 19 consecutive years. Globe Life is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
90.9% of Primerica shares are held by institutional investors. Comparatively, 81.6% of Globe Life shares are held by institutional investors. 0.6% of Primerica shares are held by company insiders. Comparatively, 1.5% of Globe Life shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
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.
In the previous week, Globe Life had 54 more articles in the media than Primerica. MarketBeat recorded 65 mentions for Globe Life and 11 mentions for Primerica. Globe Life's average media sentiment score of 0.75 beat Primerica's score of -0.04 indicating that Primerica is being referred to more favorably in the media.
Primerica has a beta of 1.06, indicating that its share price is 6% more volatile than the S&P 500. Comparatively, Globe Life has a beta of 0.69, indicating that its share price is 31% less volatile than the S&P 500.
Primerica presently has a consensus target price of $245.50, suggesting a potential upside of 15.75%. Globe Life has a consensus target price of $126.44, suggesting a potential upside of 99.47%. Given Primerica's stronger consensus rating and higher possible upside, analysts plainly believe Globe Life is more favorable than Primerica.
Primerica received 763 more outperform votes than Globe Life when rated by MarketBeat users. Likewise, 68.99% of users gave Primerica an outperform vote while only 35.77% of users gave Globe Life an outperform vote.
Primerica has a net margin of 20.37% compared to Primerica's net margin of 17.82%. Globe Life's return on equity of 27.83% beat Primerica's return on equity.
Summary
Primerica and Globe Life tied by winning 11 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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