GL vs. SLF, PUK, CRBG, RGA, AEG, PRI, VOYA, JXN, FG, and LNC
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), Reinsurance Group of America (RGA), Aegon (AEG), Primerica (PRI), Voya Financial (VOYA), Jackson Financial (JXN), F&G Annuities & Life (FG), and Lincoln National (LNC). These companies are all part of the "life insurance" industry.
Globe Life (NYSE:GL) and Sun Life Financial (NYSE:SLF) are both finance companies, but which is the superior business? We will compare the two companies based on the strength of their media sentiment, analyst recommendations, risk, profitability, community ranking, dividends, valuation, institutional ownership and earnings.
Globe Life pays an annual dividend of $0.96 per share and has a dividend yield of 1.1%. Sun Life Financial pays an annual dividend of $2.35 per share and has a dividend yield of 4.7%. Globe Life pays out 9.2% of its earnings in the form of a dividend. Sun Life Financial pays out 60.1% 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 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.
Globe Life presently has a consensus target price of $105.44, indicating a potential upside of 17.23%. Sun Life Financial has a consensus target price of $77.00, indicating a potential upside of 54.37%. Given Sun Life Financial's stronger consensus rating and higher probable upside, analysts plainly believe Sun Life Financial is more favorable than Globe Life.
In the previous week, Globe Life had 19 more articles in the media than Sun Life Financial. MarketBeat recorded 32 mentions for Globe Life and 13 mentions for Sun Life Financial. Globe Life's average media sentiment score of 0.59 beat Sun Life Financial's score of 0.47 indicating that Globe Life is being referred to more favorably in the media.
Globe Life has a beta of 0.81, meaning that its stock price is 19% less volatile than the S&P 500. Comparatively, Sun Life Financial has a beta of 0.99, meaning that its stock price is 1% less volatile than the S&P 500.
Sun Life Financial received 432 more outperform votes than Globe Life when rated by MarketBeat users. Likewise, 62.40% of users gave Sun Life Financial an outperform vote while only 37.33% of users gave Globe Life an outperform vote.
Globe Life has a net margin of 18.47% compared to Sun Life Financial's net margin of 8.94%. Globe Life's return on equity of 22.53% beat Sun Life Financial's return on equity.
81.6% of Globe Life shares are held by institutional investors. Comparatively, 52.3% of Sun Life Financial shares are held by institutional investors. 1.5% of Globe Life shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Summary
Globe Life beats Sun Life Financial on 11 of the 20 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.
Skip ChartThis 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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