NYSE:GL Globe Life (GL) Stock Price, News & Analysis $104.85 -0.35 (-0.33%) (As of 10/3/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Globe Life Stock (NYSE:GL) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Globe Life alerts:Sign Up Key Stats Today's Range$103.20▼$104.9150-Day Range$88.63▼$109.6252-Week Range$38.95▼$132.00Volume488,782 shsAverage Volume1.68 million shsMarket Capitalization$9.44 billionP/E Ratio10.01Dividend Yield0.92%Price Target$109.67Consensus RatingModerate Buy Company OverviewGlobe 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… Next opportunity for crypto millions (Ad)October isn't just another month in crypto. It's the launchpad for what could be the most explosive bull run in history. And I've found the rocket fuel… One coin is quietly positioning itself to outperform the entire market. The signs are everywhere…Go here to discover the coin that could define this historic bull run with gains kicking off this mo Globe Life Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks95th Percentile Overall ScoreGL MarketRank™: Globe Life scored higher than 95% of companies evaluated by MarketBeat, and ranked 69th out of 955 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.3 / 5Analyst RatingModerate Buy 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 5 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. Earnings and Valuation2.5 / 5Proj. Earnings Growth10.65% Earnings GrowthEarnings for Globe Life are expected to grow by 10.65% in the coming year, from $11.93 to $13.20 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Globe Life is 10.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Globe Life is 10.01, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.59.Price to Book Value per Share RatioGlobe Life has a P/B Ratio of 2.20. 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. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted2.46% 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 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Globe Life has recently increased by 3.85%, indicating that investor sentiment is decreasing. Dividend3.3 / 5Dividend StrengthStrong 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 7.27% next year. This indicates that Globe Life will be able to sustain or increase its dividend.Read more about Globe Life's dividend. Sustainability and ESG3.0 / 5Environmental Score-0.21 Percentage of Shares Shorted2.46% 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 2.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Globe Life has recently increased by 3.85%, indicating that investor sentiment is decreasing. News and Social Media2.0 / 5News Sentiment0.67 News SentimentGlobe Life has a news sentiment score of 0.67. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 17 news articles for Globe Life this week, compared to 15 articles on an average week.Search InterestOnly 9 people have searched for GL on MarketBeat in the last 30 days. This is a decrease of -47% compared to the previous 30 days.MarketBeat FollowsOnly 3 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. Company Ownership3.3 / 5Insider TradingAcquiring Shares 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. 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 GL Stock News HeadlinesPiper Sandler Boosts Globe Life (NYSE:GL) Price Target to $118.00October 3 at 6:57 AM | americanbankingnews.com7 Analysts Assess Globe Life: What You Need To KnowOctober 2 at 11:45 PM | benzinga.comWe recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. And the real wealth has still to be made…October 4, 2024 | Porter & Company (Ad)Globe Life (GL) Receives a Buy from Piper SandlerOctober 2 at 11:45 PM | markets.businessinsider.comThe Rangers’ time as reigning world champs is over. A year later, relive their magical runSeptember 30, 2024 | dallasnews.comGlobe Life (NYSE:GL) Stock Price Down 4.9%September 29, 2024 | americanbankingnews.comGlobe Life hit with EEOC finding it "created, condoned" a work environment that is abusive to womenSeptember 28, 2024 | businessinsider.comEugeria Ranks 25th on Globe and Mail's 2024 Top Growing Companies List, Driving Innovation in Aging and Dementia CareSeptember 27, 2024 | finance.yahoo.comSee More Headlines GL Stock Analysis - Frequently Asked Questions How have GL shares performed this year? Globe Life's stock was trading at $121.72 on January 1st, 2024. Since then, GL stock has decreased by 13.9% and is now trading at $104.85. View the best growth stocks for 2024 here. How were Globe Life's earnings last quarter? Globe Life Inc. (NYSE:GL) announced its earnings results on Wednesday, July, 24th. The company reported $2.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.90 by $0.07. The company's 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 shareholders of Globe Life include SG Americas Securities LLC (0.28%) and Czech National Bank (0.02%). 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). Company Calendar Ex-Dividend for 8/1 Dividend7/05/2024Last Earnings7/24/2024Dividend Payable8/01/2024Today10/03/2024Ex-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$109.67 High Stock Price Target$160.00 Low Stock Price Target$83.00 Potential Upside/Downside+4.6%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$10.47 Trailing P/E Ratio10.01 Forward P/E Ratio8.79 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 / Sales1.68 Cash Flow$14.54 per share Price / Cash Flow7.21 Book Value$47.68 per share Price / Book2.20Miscellaneous Outstanding Shares90,042,000Free Float88,682,000Market Cap$9.44 billion OptionableOptionable Beta0.81 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report This page (NYSE:GL) was last updated on 10/4/2024 by MarketBeat.com Staff From Our PartnersTrade Alongside Pelosi, Buffett, and MorePeople don't know that you can trade alongside politicians, lawmakers, and top investors like Warren Buffet, B...Bullseye Trades | SponsoredKamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppe...Paradigm Press | SponsoredWe recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. And the real wealth has still to be made…Porter & Company | SponsoredWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. And today, self-made...StocksToTrade | SponsoredAI Expert Reveals New PickEveryone’s talking about AI right now, but I’ve been talking about it for years. And now I’ve just released...Brownstone Research | Sponsored44-year Wall Street Vet: “Permanent devastation is coming to America”After 44 years on Wall Street, I've seen it all... Black Monday, the Great Recession, the Covid crash. B...InvestorPlace | SponsoredMassive NVIDIA Sell-Off: Are We Headed for a Market Collapse?You may have heard about NVIDIA's CEO dumping shares of his own company. He sold 4.4 million shares this ye...Behind the Markets | SponsoredNext opportunity for crypto millionsAll the Pieces Falling into Place for Crypto… Unlock the Potential of the 2024 Crypto Bull Run!Crypto 101 Media | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Globe Life Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Globe Life With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.