Analyzing Protective Life Corp. (PL) and Its Rivals
Protective Life Corp. (NYSE: PL) is one of 25 public companies in the “Life & Health Insurance” industry, but how does it contrast to its competitors? We will compare Protective Life Corp. to similar companies based on the strength of its valuation, analyst recommendations, institutional ownership, earnings, risk, dividends and profitability.
Institutional and Insider Ownership
67.7% of shares of all “Life & Health Insurance” companies are owned by institutional investors. 9.6% of shares of all “Life & Health Insurance” companies are owned 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.
Protective Life Corp. has a beta of 1.71, suggesting that its stock price is 71% more volatile than the S&P 500. Comparatively, Protective Life Corp.’s competitors have a beta of 1.34, suggesting that their average stock price is 34% more volatile than the S&P 500.
This is a breakdown of current ratings and target prices for Protective Life Corp. and its competitors, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Protective Life Corp.||0||0||0||0||N/A|
|Protective Life Corp. Competitors||234||1147||1714||81||2.52|
As a group, “Life & Health Insurance” companies have a potential upside of 6.65%. Given Protective Life Corp.’s competitors higher probable upside, analysts plainly believe Protective Life Corp. has less favorable growth aspects than its competitors.
This table compares Protective Life Corp. and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Protective Life Corp.||10.35%||10.03%||0.67%|
|Protective Life Corp. Competitors||5.76%||3.41%||1.34%|
Valuation and Earnings
This table compares Protective Life Corp. and its competitors gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|Protective Life Corp.||N/A||N/A||13.22|
|Protective Life Corp. Competitors||$26.01 billion||$1.31 billion||-466.89|
Protective Life Corp.’s competitors have higher revenue and earnings than Protective Life Corp.. Protective Life Corp. is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Protective Life Corp. competitors beat Protective Life Corp. on 5 of the 8 factors compared.
About Protective Life Corp.
Protective Life Corporation is a holding company. The Company along with subsidiaries provides financial services in the United States through the production, distribution, and administration of insurance and investment products. The Company operates several operating segments, each distinguished by products, channels of distribution, and/or other strategic distinctions. The Company’s operating segments are Life Marketing, Acquisitions, Annuities, Stable Value Products, and Asset Protection. The Company has an additional segment referred to as Corporate and Other which consists of net investment income not assigned and expenses not attributable to the segments. This segment also includes earnings from several non-strategic or runoff lines of business, various investment-related transactions, the operations of small subsidiaries, and the repurchase of non-recourse funding obligations.
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