NYSE:GL Globe Life (GL) Stock Price, News & Analysis $105.45 +0.30 (+0.29%) (As of 10/28/2024 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$105.22▼$107.4750-Day Range$97.27▼$110.9652-Week Range$38.95▼$132.00Volume921,400 shsAverage Volume1.59 million shsMarket Capitalization$9.49 billionP/E Ratio9.53Dividend Yield0.91%Price Target$123.80Consensus 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… The most serious warning of my career (Ad)With the 2024 election just weeks away, a new crisis is barrelling down on America… one that could cleave the financial world in two the moment the polls close. I predict they could see investment losses of 50% (or more) in the weeks following the presidential election. Click here now to grab your seat now. Globe Life Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks98th Percentile Overall ScoreGL MarketRank™: Globe Life scored higher than 98% of companies evaluated by MarketBeat, and ranked 27th out of 942 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.4 / 5Analyst RatingModerate Buy Consensus RatingGlobe Life has received a consensus rating of Moderate Buy. The company's average rating score is 2.70, and is based on 5 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. Earnings and Valuation2.5 / 5Proj. Earnings Growth10.98% Earnings GrowthEarnings for Globe Life are expected to grow by 10.98% in the coming year, from $11.93 to $13.24 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Globe Life is 9.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.78.Price to Earnings Ratio vs. SectorThe P/E ratio of Globe Life is 9.53, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.25.Price to Book Value per Share RatioGlobe Life has a P/B Ratio of 2.21. 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 Interest4.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted2.26% 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 2.5, 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 4.27%, indicating that investor sentiment is improving. Dividend3.3 / 5Dividend StrengthStrong Dividend YieldGlobe Life has a dividend yield of 0.87%, 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 7.25% 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 Shorted2.26% 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 2.5, 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 4.27%, indicating that investor sentiment is improving. News and Social Media2.5 / 5News Sentiment0.51 News SentimentGlobe Life has a news sentiment score of 0.51. 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 34 news articles for Globe Life this week, compared to 14 articles on an average week.Search Interest15 people have searched for GL on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Globe Life insiders have not sold or bought any 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 HeadlinesGlobe Life Inc. stock underperforms Monday when compared to competitors despite daily gainsOctober 28 at 8:29 PM | marketwatch.comGlobe Life (NYSE:GL) Price Target Raised to $130.00 at Piper SandlerOctober 28 at 6:25 AM | americanbankingnews.comThe real reason Elon is fully endorsing TrumpElon Musk is one of mankind’s greatest innovators. But for all his visionary prowess and contributions to humanity, there is a war being waged on Elon Musk. This war has nothing to do with X, Elon’s stance on immigration or his support for Donald Trump. October 29, 2024 | Porter & Company (Ad)Globe Life (NYSE:GL) Price Target Raised to $105.00October 28 at 4:47 AM | americanbankingnews.comGlobe Life’s Strong Financial Performance and Strategic Actions Reinforce Buy Rating, Despite ChallengesOctober 26 at 4:43 PM | markets.businessinsider.comThe Latest Analyst Ratings For Globe LifeOctober 26 at 1:58 AM | benzinga.comGlobe Life (GL) Receives a Hold from Truist FinancialOctober 26 at 1:58 AM | markets.businessinsider.comGlobe Life price target raised to $105 from $90 at TruistOctober 26 at 1:58 AM | markets.businessinsider.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 shares have decreased by 13.4% and is now trading at $105.45. View the best growth stocks for 2024 here. How were Globe Life's earnings last quarter? Globe Life Inc. (NYSE:GL) posted its quarterly earnings results on Wednesday, October, 23rd. The company reported $3.49 earnings per share for the quarter, beating analysts' consensus estimates of $3.06 by $0.43. The company's revenue was up 5.1% 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 International Assets Investment Management LLC (0.37%), Raymond James & Associates (0.31%), SG Americas Securities LLC (0.28%) and DekaBank Deutsche Girozentrale (0.16%). 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 Invesco QQQ (QQQ), NVIDIA (NVDA), Meta Platforms (META), SPDR S&P 500 ETF Trust (SPY), Advanced Micro Devices (AMD), Exxon Mobil (XOM) and Tesla (TSLA). Company Calendar Ex-Dividend for 8/1 Dividend7/05/2024Dividend Payable8/01/2024Ex-Dividend for 11/1 Dividend10/04/2024Last Earnings10/23/2024Today10/28/2024Dividend Payable11/01/2024Fiscal Year End12/31/2024Next Earnings (Estimated)2/05/2025Get 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$123.80 High Stock Price Target$188.00 Low Stock Price Target$86.00 Potential Upside/Downside+17.4%Consensus RatingModerate Buy Rating Score (0-4)2.70 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$10.47 Trailing P/E Ratio9.53 Forward P/E Ratio8.84 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$5.73 billion Price / Sales1.66 Cash Flow$14.19 per share Price / Cash Flow7.43 Book Value$47.68 per share Price / Book2.21Miscellaneous Outstanding Shares90,042,000Free Float88,464,000Market Cap$9.49 billion OptionableOptionable Beta0.81 Reduce the RiskMarket downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.Get This Free Report This page (NYSE:GL) was last updated on 10/29/2024 by MarketBeat.com Staff From Our Partnerstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligen...Traders Agency | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredNvidia is Pivoting to Solve Big Tech’s $1 Trillion ProblemTaiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as ...Weiss Ratings | SponsoredElon Musk Drops Stunning Bombshell?Elon Musk just dropped a BOMBSHELL that could send shockwaves throughout the tech industry… While deliverin...Paradigm Press | SponsoredTrump or Kamala? 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