Adjust UILabel height depending on the text

Question

Consider I have the following text in a UILabel (a long line of dynamic text):

Since the alien army vastly outnumbers the team, players m

Answer 1

Adding to the above answers:

This can be easily achieved via storyboard.

1. Set constraint for UILabel.(In my case I did top, left and fixed width)
2. Set Number of line to 0 in Attribute Inspector
3. Set Line Break to WordWrap in Attribute Inspector.