NYSE:GL Globe Life (GL) Stock Price, News & Analysis $81.48 -0.96 (-1.16%) (As of 07/5/2024 08:52 PM ET) Add Compare Share Share Today's Range$80.50▼$82.4150-Day Range$76.17▼$89.4952-Week Range$38.95▼$132.00Volume1.66 million shsAverage Volume2.07 million shsMarket Capitalization$7.34 billionP/E Ratio7.78Dividend Yield1.18%Price Target$111.67 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/Downside37.0% Upside$111.67 Price TargetShort InterestHealthy2.82% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.21Upright™ Environmental ScoreNews Sentiment0.07Based on 6 Articles This WeekInsider TradingAcquiring Shares$536,860 Bought Last QuarterProj. Earnings Growth9.56%From $11.72 to $12.84 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.4.99 out of 5 starsFinance Sector2nd out of 822 stocksLife Insurance Industry1st out of 21 stocks 4.3 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 5.0 Short Interest Percentage of Shares Shorted2.82% 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 0.7, 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 17.26%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldGlobe Life pays a meaningful dividend of 1.18%, higher than 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 7.48% 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 1.1 News and Social Media Coverage News SentimentGlobe Life has a news sentiment score of 0.07. 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 0.91 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Globe Life this week, compared to 14 articles on an average week.Search InterestOnly 14 people have searched for GL on MarketBeat in the last 30 days. This is a decrease of -7% 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 -73% 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 199.36% more of their company's stock than they have sold. Specifically, they have bought $536,860.00 in company stock and sold $179,336.00 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 9.56% in the coming year, from $11.72 to $12.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Globe Life is 7.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.10.Price to Earnings Ratio vs. SectorThe P/E ratio of Globe Life is 7.78, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 29.20.Price to Book Value per Share RatioGlobe Life has a P/B Ratio of 1.71. 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 Paradigm PressBiden replacement revealed?A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on August 19.See his shocking evidence in this new report 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 HeadlinesJuly 3, 2024 | globenewswire.comGLOBE LIFE ALERT: Bragar Eagel & Squire, P.C. is Investigating Globe Life, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the FirmJuly 3, 2024 | americanbankingnews.comGlobe Life Inc. (GL) To Go Ex-Dividend on July 5thJuly 8, 2024 | Porter & Company (Ad)We 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…July 2, 2024 | insidermonkey.comAre Hedge Funds Bullish on Globe Life Inc. (GL) Right Now?July 1, 2024 | globenewswire.comLowey Dannenberg, P.C. is Investigating Globe Life Inc. (“Globe Life”) (NYSE: GL) for Potential Violations of the Federal Securities Laws and Encourages Investors with more than $50,000 in Losses to Contact the FirmJuly 1, 2024 | globenewswire.comLost Money on Globe Life Inc. f/k/a Torchmark Corporation(GL)? Join Class Action Suit Seeking Recovery – Contact The Gross Law FirmJuly 1, 2024 | prnewswire.comLevi & Korsinsky Reminds Globe Life Inc. f/k/a Torchmark Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 1, 2024 - GLJune 30, 2024 | globenewswire.comGlobe Life (GL) Embroiled in Fraud Allegations, DOJ Probe, and Investor Lawsuit - Hagens BermanJuly 8, 2024 | Porter & Company (Ad)We 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…June 30, 2024 | globenewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Globe Life Inc. - GLJune 30, 2024 | americanbankingnews.comGlobe Life (NYSE:GL) PT Raised to $88.00June 29, 2024 | prnewswire.comGlobe Life Deadline: GL Investors Have Opportunity to Lead Globe Life Inc. f/k/a Torchmark Corporation Securities Fraud LawsuitJune 29, 2024 | globenewswire.comGlobe Life Inc. Investors: Class action lawsuit filed on behalf of investors; the Portnoy Law FirmJune 29, 2024 | americanbankingnews.comPiper Sandler Lowers Globe Life (NYSE:GL) Price Target to $105.00June 28, 2024 | globenewswire.comLowey Dannenberg, P.C. is Investigating Global Life Inc. (“Global Life”) (NYSE: GL) for Potential Violations of the Federal Securities Laws and Encourages Investors with more than $50,000 in Losses to Contact the FirmJune 28, 2024 | globenewswire.comGL DEADLINE: ROSEN, LEADING INVESTOR COUNSEL, Encourages Globe Life Inc. f/k/a Torchmark Corporation Investors to Secure Counsel Before Important July 1 Deadline in Securities Class Action – GLJune 28, 2024 | prnewswire.comInvestors in Globe Life Inc. f/k/a Torchmark Corporation Should Contact The Gross Law Firm Before July 1, 2024 to Discuss Your Rights - GLJune 28, 2024 | americanbankingnews.comGlobe Life (NYSE:GL) Price Target Raised to $86.00 at Evercore ISISee 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 5/1 Dividend4/04/2024Last Earnings4/22/2024Dividend Payable5/01/2024Ex-Dividend for 8/1 Dividend7/05/2024Today7/07/2024Next Earnings (Estimated)7/24/2024Dividend Payable8/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Life insurance Sub-IndustryN/A 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$111.67 High Stock Price Target$160.00 Low Stock Price Target$80.00 Potential Upside/Downside+37.0%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$10.47 Trailing P/E Ratio7.78 Forward P/E Ratio6.95 P/E GrowthN/ANet Income$970.76 million Net Margins18.07% Pretax Margin22.28% Return on Equity23.01% Return on Assets3.81% Debt Debt-to-Equity Ratio0.32 Current Ratio0.05 Quick Ratio0.05 Sales & Book Value Annual Sales$5.45 billion Price / Sales1.35 Cash Flow$14.95 per share Price / Cash Flow5.45 Book Value$47.68 per share Price / Book1.71Miscellaneous Outstanding Shares90,040,000Free Float90,877,000Market Cap$7.34 billion OptionableOptionable Beta0.81 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.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:SLFPrudentialNYSE:PUKCorebridge FinancialNYSE:CRBGAegonNYSE:AEGReinsurance Group of AmericaNYSE:RGAView All CompetitorsInsiders & InstitutionsEverence Capital Management Inc.Sold 3,580 shares on 7/3/2024Ownership: 0.004%First Hawaiian BankSold 4,779 shares on 7/2/2024Ownership: 0.009%GAMMA Investing LLCBought 427 shares on 7/2/2024Ownership: 0.004%SRN Advisors LLCBought 332 shares on 6/14/2024Ownership: 0.007%Railway Pension Investments LtdBought 5,700 shares on 6/7/2024Ownership: 0.021%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 beginning of 2024. Since then, GL shares have decreased by 33.1% and is now trading at $81.48. View the best growth stocks for 2024 here. How were Globe Life's earnings last quarter? Globe Life Inc. (NYSE:GL) released its earnings results on Monday, April, 22nd. The company reported $2.78 earnings per share for the quarter, missing analysts' consensus estimates of $2.79 by $0.01. Globe Life's revenue for the quarter was up 7.2% 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 First Hawaiian Bank (0.01%), Everence Capital Management Inc. and GAMMA Investing LLC. 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, Rebecca E Zorn, Jennifer Allison Haworth, Steven John Dichiaro, Charles E Adair, Robert Edward Hensley, Cheryl Alston, Dolores L Skarjune, 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 7/8/2024 by MarketBeat.com Staff From Our PartnersWrite 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 | SponsoredI’m giving you the name of this investment for freeThis key unlocks a new pathway to wealth that has been kept hidden from you for decades. In my new documen...Porter & Company | SponsoredOperation Replace Biden is a GoLast night’s debate proved me right: Joe Biden will be replaced. 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