Free Trial
NYSE:GL

Globe Life (GL) Stock Price, News & Analysis

$102.54
-2.04 (-1.95%)
(As of 09/6/2024 ET)
Today's Range
$102.04
â–Ľ
$105.27
50-Day Range
$80.89
â–Ľ
$105.55
52-Week Range
$38.95
â–Ľ
$132.00
Volume
1.17 million shs
Average Volume
1.77 million shs
Market Capitalization
$9.23 billion
P/E Ratio
9.79
Dividend Yield
0.94%
Price Target
$108.33

Globe Life MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
5.6% Upside
$108.33 Price Target
Short Interest
Healthy
2.45% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.21
Upright™ Environmental Score
News Sentiment
0.54mentions of Globe Life in the last 14 days
Based on 12 Articles This Week
Insider Trading
Acquiring Shares
$270,600 Bought Last Quarter
Proj. Earnings Growth
10.23%
From $11.92 to $13.14 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.66 out of 5 stars

Finance Sector

72nd out of 871 stocks

Life Insurance Industry

7th out of 20 stocks

GL stock logo

About Globe Life Stock (NYSE:GL)

Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle- and middle-income families in the United States. The company operates in four segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. It offers whole, term, and other life insurance products; Medicare supplement and supplemental health insurance products, such as accident, cancer, critical illness, heart, and intensive care plans; and single-premium and flexible-premium deferred annuities. The company sells its products through its direct to consumer division, exclusive agencies, and independent agents. The company was formerly known as Torchmark Corporation and changed its name to Globe Life Inc. in August 2019. Globe Life Inc. was founded in 1900 and is headquartered in McKinney, Texas.

GL Stock Price History

GL Stock News Headlines

The death of Nvidia?
Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.
Globe Life Supports Military and First Responders
The death of Nvidia?
Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.
Brokerages Set Globe Life Inc. (NYSE:GL) Price Target at $108.33
Globe Life Inc.DL-Notes 2024(24/34) Bond
See More Headlines
Receive GL Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Globe Life and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 8/1 Dividend
7/05/2024
Last Earnings
7/24/2024
Dividend Payable
8/01/2024
Today
9/07/2024
Ex-Dividend for 11/1 Dividend
10/04/2024
Next Earnings (Estimated)
10/23/2024
Dividend Payable
11/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Life insurance
Sub-Industry
Insurance
Employees
3,636
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$108.33
High Stock Price Target
$160.00
Low Stock Price Target
$83.00
Potential Upside/Downside
+5.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
$970.76 million
Pretax Margin
22.86%

Debt

Sales & Book Value

Annual Sales
$5.63 billion
Cash Flow
$14.59 per share
Book Value
$58.20 per share

Miscellaneous

Free Float
88,682,000
Market Cap
$9.23 billion
Optionable
Optionable
Beta
0.81
Elon Musk's Next Move Cover

Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.

Get This Free Report

GL Stock Analysis - Frequently Asked Questions

How have GL shares performed this year?

Globe Life's stock was trading at $121.72 at the start of the year. Since then, GL stock has decreased by 15.8% and is now trading at $102.54.
View the best growth stocks for 2024 here
.

How were Globe Life's earnings last quarter?

Globe Life Inc. (NYSE:GL) issued its quarterly earnings results on Wednesday, July, 24th. The company reported $2.97 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.90 by $0.07. The firm's quarterly revenue was up 8.6% on a year-over-year basis.
Read the conference call transcript
.

Who are Globe Life's major shareholders?

Top institutional investors of Globe Life include Bank of New York Mellon Corp (1.79%), Millennium Management LLC (1.42%), Dimensional Fund Advisors LP (1.37%) and D. E. Shaw & Co. Inc. (1.19%). Insiders that own company stock include Larry M Hutchison, Melissa Jane Buchan, Jane Buchan, James Matthew Darden, Robert Brian Mitchell, Michael Clay Majors, Kenneth J Matson, Robert W Ingram, Thomas Peter Kalmbach, Mary E Thigpen, Rebecca E Zorn, Jennifer Allison Haworth, Steven John Dichiaro, Charles E Adair, Robert Edward Hensley, Cheryl Alston, Dolores L Skarjune, David A Rodriguez, Frank M Svoboda, Michael Shane Henrie, Jason A Harvey, David Kendall Carlson, John Henry Rogers, Jr, Christopher Todd Moore and Steven Kelly Greer.
View institutional ownership trends
.

How do I buy shares of Globe Life?

Shares of GL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Globe Life own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Globe Life investors own include AT&T (T), AbbVie (ABBV), Chevron (CVX), International Business Machines (IBM), Intel (INTC), Johnson & Johnson (JNJ) and Exxon Mobil (XOM).

This page (NYSE:GL) was last updated on 9/7/2024 by MarketBeat.com Staff

From Our Partners