NYSE:GL Globe Life (GL) Stock Price, News & Analysis $102.54 -2.04 (-1.95%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$102.04â–Ľ$105.2750-Day Range$80.89â–Ľ$105.5552-Week Range$38.95â–Ľ$132.00Volume1.17 million shsAverage Volume1.77 million shsMarket Capitalization$9.23 billionP/E Ratio9.79Dividend Yield0.94%Price Target$108.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Globe Life alerts: Email Address Globe Life MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside5.6% Upside$108.33 Price TargetShort InterestHealthy2.45% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.21Upright™ Environmental ScoreNews Sentiment0.54Based on 12 Articles This WeekInsider TradingAcquiring Shares$270,600 Bought Last QuarterProj. Earnings Growth10.23%From $11.92 to $13.14 Per ShareSee Full Details Hide Full Details 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 starsFinance Sector72nd out of 871 stocksLife Insurance Industry7th out of 20 stocks 2.3 Analyst's Opinion Consensus RatingGlobe Life has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageGlobe Life has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Globe Life's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.45% of the float of Globe Life has been sold short.Short Interest Ratio / Days to CoverGlobe Life has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Globe Life has recently decreased by 0.92%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend YieldGlobe Life has a dividend yield of 0.91%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthGlobe Life has been increasing its dividend for 19 years.Dividend CoverageThe dividend payout ratio of Globe Life is 9.17%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Globe Life will have a dividend payout ratio of 7.31% next year. This indicates that Globe Life will be able to sustain or increase its dividend.Read more about Globe Life's dividend. Previous Next 3.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreGlobe Life has received a 26.72% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Life insurance services for individuals", "Life insurance services for groups", and "Accident insurance services for individuals" products. See details.Environmental SustainabilityThe Environmental Impact score for Globe Life is -0.21. Previous Next 1.4 News and Social Media Coverage News SentimentGlobe Life has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Globe Life this week, compared to 14 articles on an average week.Search InterestOnly 18 people have searched for GL on MarketBeat in the last 30 days. This is a decrease of -22% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added Globe Life to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Globe Life insiders have bought more of their company's stock than they have sold. Specifically, they have bought $270,600.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.51% of the stock of Globe Life is held by insiders.Percentage Held by Institutions81.61% of the stock of Globe Life is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Globe Life's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Globe Life are expected to grow by 10.23% in the coming year, from $11.92 to $13.14 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Globe Life is 9.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Globe Life is 9.79, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 31.96.Price to Book Value per Share RatioGlobe Life has a P/B Ratio of 1.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Globe Life's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyThe 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.So go here now to read my new report The Big AI Die-Up… while you still can. 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.Read More GL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GL Stock News HeadlinesSeptember 5 at 2:38 PM | sports.yahoo.comArkansas baseball returning to Globe Life Stadium for 2025 College Baseball SeriesSeptember 5 at 2:38 PM | msn.comDates, opponents revealed for Auburn Baseball's weekend at Globe Life ParkSeptember 7, 2024 | Porter & Company (Ad)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.September 4 at 5:08 AM | msn.comGlobe Life Field’s Aaron Judge milestone marker keeps getting stolenSeptember 4 at 5:08 AM | msn.comAaron Judge's record plaque at Globe Life Field stolen againSeptember 4 at 5:08 AM | msn.comAaron Judge's 62nd Home Run Plaque Stolen From Globe Life Field for Second TimeSeptember 4 at 5:08 AM | msn.comHome run robbery: Where did Globe Life Field’s plaque for Aaron Judge’s 62nd blast go?September 3, 2024 | prnewswire.comGlobe Life Supports Military and First RespondersSeptember 7, 2024 | Porter & Company (Ad)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.August 31, 2024 | markets.businessinsider.comGlobe Life’s Strategic Capital Management and Growth Prospects Bolster Buy RatingAugust 31, 2024 | marketwatch.comGlobe Life Inc. stock underperforms Friday when compared to competitorsAugust 31, 2024 | americanbankingnews.comBrokerages Set Globe Life Inc. (NYSE:GL) Price Target at $108.33August 30, 2024 | markets.businessinsider.comGlobe Life Inc.DL-Notes 2024(24/34) BondAugust 28, 2024 | msn.comAEW All In Texas match card predictions: Who headlines Globe Life Field in 2025?August 23, 2024 | finance.yahoo.comWith EPS Growth And More, Globe Life (NYSE:GL) Makes An Interesting CaseAugust 22, 2024 | msn.comDarby Allin Scoped Out Globe Life Field To See What He Could Fall Off Of At AEW All In 2025August 22, 2024 | marketwatch.comGlobe Life Inc. stock rises Wednesday, still underperforms marketAugust 21, 2024 | finance.yahoo.comFrom Power Moves to Powerful Speakers: Sarah Jakes Roberts' Woman Evolve Conference Expected to Draw Record-breaking Crowd to Globe Life FieldSee 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. Email Address Company Calendar Ex-Dividend for 8/1 Dividend7/05/2024Last Earnings7/24/2024Dividend Payable8/01/2024Today9/07/2024Ex-Dividend for 11/1 Dividend10/04/2024Next Earnings (Estimated)10/23/2024Dividend Payable11/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Life insurance Sub-IndustryInsurance Current SymbolNYSE:GL CUSIPN/A CIK320335 Webwww.globelifeinsurance.com Phone(972) 569-4000Fax972-569-3282Employees3,636Year FoundedN/APrice 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 RatingModerate Buy Rating Score (0-4)2.67 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$10.47 Trailing P/E Ratio9.79 Forward P/E Ratio8.60 P/E GrowthN/ANet Income$970.76 million Net Margins18.47% Pretax Margin22.86% Return on Equity21.93% Return on Assets3.83% Debt Debt-to-Equity Ratio0.31 Current Ratio0.05 Quick Ratio0.05 Sales & Book Value Annual Sales$5.63 billion Price / Sales1.64 Cash Flow$14.59 per share Price / Cash Flow7.03 Book Value$58.20 per share Price / Book1.76Miscellaneous Outstanding Shares90,042,000Free Float88,682,000Market Cap$9.23 billion OptionableOptionable Beta0.81 Elon Musk's Next MoveWondering 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 Key ExecutivesMr. Frank Martin Svoboda (Age 62)Co-Chairman & Co-CEO Comp: $2.45MMr. James Matthew Darden (Age 53)Co-Chairman & Co-CEO Comp: $2.44MMr. Thomas Peter Kalmbach (Age 59)Executive VP & CFO Comp: $956.75kRobert E. Hensley (Age 56)Executive VP & Chief Investment Officer Comp: $858.5kMr. Robert Brian Mitchell (Age 60)Executive VP, General Counsel & Chief Risk Officer Comp: $825.92kMr. Michael Clay Majors (Age 61)Executive VP of Policy Acquisition & Chief Strategy Officer Comp: $891.2kMr. M. Shane Henrie (Age 50)Corporate Senior VP & Chief Accounting Officer Christopher K. Tyler (Age 50)Executive VP & Chief Information Officer Ms. Dolores L. Skarjune (Age 58)Executive VP & Chief Administrative Officer Joel P. Scarborough (Age 52)Corporate Senior VP, Associate General Counsel & Chief Compliance Officer More ExecutivesKey CompetitorsSun Life FinancialNYSE:SLFWillis Towers Watson PublicNASDAQ:WTWPrudentialNYSE:PUKPrincipal Financial GroupNYSE:PFGEverest GroupNYSE:EGView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 13,479 shares on 9/5/2024Ownership: 0.015%Truist Financial CorpBought 129,307 shares on 8/21/2024Ownership: 0.322%Point72 Asset Management L.P.Bought 4,732 shares on 8/19/2024Ownership: 0.005%Northwestern Mutual Wealth Management Co.Sold 872 shares on 8/16/2024Ownership: 0.006%Quarry LPBought 270 shares on 8/16/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions 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 PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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