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.

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

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

Company Net Margins Return on Equity Return on Assets
Primerica20.44% 27.35% 3.97%
Globe Life 18.07%23.01%3.81%

Primerica pays an annual dividend of $3.00 per share and has a dividend yield of 1.3%. Globe Life pays an annual dividend of $0.96 per share and has a dividend yield of 1.1%. Primerica pays out 18.3% 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. Primerica has increased its dividend for 15 consecutive years and Globe Life has increased its dividend for 19 consecutive years.

Primerica currently has a consensus target price of $245.50, indicating a potential upside of 7.64%. Globe Life has a consensus target price of $114.33, indicating a potential upside of 32.84%. Given Primerica's stronger consensus rating and higher probable upside, analysts plainly believe Globe Life is more favorable than Primerica.

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

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

In the previous week, Globe Life had 7 more articles in the media than Primerica. MarketBeat recorded 21 mentions for Globe Life and 14 mentions for Primerica. Globe Life's average media sentiment score of 0.64 beat Primerica's score of 0.08 indicating that Primerica is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Primerica
3 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Globe Life
5 Very Positive mention(s)
1 Positive mention(s)
15 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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

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

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
Primerica$2.82B2.79$576.60M$16.4313.88
Globe Life$5.45B1.46$970.76M$10.478.22

Summary

Primerica beats Globe Life on 12 of the 22 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.
Skip Chart

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.
Skip Chart

GL vs. The Competition

MetricGlobe LifeLife insurance IndustryFinance SectorNYSE Exchange
Market Cap$7.94B$17.79B$9.63B$18.14B
Dividend Yield1.14%2.99%6.40%3.44%
P/E Ratio8.229.0646.0622.39
Price / Sales1.461.323,595.1811.35
Price / Cash5.6222.3528.6619.45
Price / Book1.581.343.286.01
Net Income$970.76M$1.02B$1.01B$966.65M
7 Day Performance-0.50%1.68%1.67%1.85%
1 Month Performance32.44%10.23%5.31%7.15%
1 Year Performance-20.96%27.84%18.72%21.67%

Globe Life Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PRI
Primerica
4.2577 of 5 stars
$224.48
+0.2%
$245.50
+9.4%
+24.1%$7.72B$2.82B13.663,450Gap Down
VOYA
Voya Financial
4.9445 of 5 stars
$73.62
+0.0%
$83.44
+13.3%
+6.1%$7.41B$7.35B10.469,000Positive News
JXN
Jackson Financial
3.1163 of 5 stars
$75.74
+0.5%
$61.80
-18.4%
+158.8%$5.86B$3.16B2.003,840Analyst Downgrade
Short Interest ↓
FG
F&G Annuities & Life
3.2694 of 5 stars
$40.72
+5.2%
$47.50
+16.7%
+130.0%$5.14B$4.50B20.781,165Short Interest ↑
LNC
Lincoln National
4.889 of 5 stars
$29.76
+0.8%
$28.40
-4.6%
+44.4%$5.06B$12.00B4.0711,024
AEL
American Equity Investment Life
3.0625 of 5 stars
$56.47
+0.6%
$55.33
-2.0%
+45.8%$4.49B$2.84B26.39995Analyst Forecast
High Trading Volume
BHF
Brighthouse Financial
3.0227 of 5 stars
$46.03
-0.2%
$50.29
+9.2%
+10.1%$2.86B$4.12B-2.421,500Short Interest ↑
News Coverage
GNW
Genworth Financial
3.5512 of 5 stars
$6.53
-0.3%
$7.00
+7.3%
+20.9%$2.86B$7.49B34.342,700Short Interest ↓
Positive News
RGA
Reinsurance Group of America
4.6464 of 5 stars
$207.08
+0.2%
$197.31
-4.7%
+42.9%$13.62B$18.57B16.093,900Insider Selling
AEG
Aegon
0.7458 of 5 stars
$6.71
+1.2%
N/A+46.9%$17.82B$11.24B0.0020,634News Coverage

Related Companies and Tools

This page (NYSE:GL) was last updated on 5/18/2024 by MarketBeat.com Staff

From Our Partners