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Globe Life (GL)
NYSE:GL
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GL Stock Chart & Stats
Day’s Range― - ―
52-Week Range$38.95 - $132.00
Previous CloseN/A
Volume205.52K
Average Volume (3M)693.78K
Market Cap
$10.02B
Enterprise Value$12.09B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)$1.13B
Price to Earnings (P/E)10.1
Beta0.71
Next Earnings
Feb 05, 2025EPS Estimate
3.12Last Dividend Ex-Date
Jan 06, 2025Dividend Yield0.79%
Share Statistics
EPS (TTM)11.82
Shares Outstanding83,945,060
10 Day Avg. Volume494,320
30 Day Avg. Volume693,779
Standard Deviation0.08
R-Squared0.27
Alpha-0.00389
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.83
Price to Cash Flow (P/CF)7.40
P/FCF Ratio6.90
Enterprise Value/Market Cap1.21
Enterprise Value/Revenue2.11
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$129.57Price Target Upside6.25% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Globe Life News
PremiumCompany Announcements
Globe Life Introduces Executive Severance PlanBulls Say, Bears Say
Bulls Say
Business ModelGlobe's unique business model, which includes captive agent distribution and a focus on lower-/middle-income consumers, helps insulate it from severe competitive pressures.
Cash Flow And ReturnsImprovement of free cash flow that GL expects should continue to help drive good shareholder returns mainly through share repurchase.
Financial PerformanceAnalyst recommends a Buy rating for Globe Life Inc. and the price target is set at $150, suggesting confidence in future growth.
Bears Say
Earnings VolatilityThe midpoint of the updated EPS guidance is below the earnings beat, indicating potential earnings volatility from remeasurement or underlying earnings.
Operational PerformanceAgent count growth slowed in both LNL and AIL.
Regulatory InvestigationsRecent DOJ, SEC, and EEOC investigations into sales practices remain an overhang on the shares.
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Ownership Overview
0.58% Insiders
26.49% Mutual Funds
0.40% Other Institutional Investors
45.98% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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GL FAQ
What was Globe Life’s price range in the past 12 months?
Globe Life lowest stock price was $38.95 and its highest was $132.00 in the past 12 months.
What is Globe Life’s market cap?
Globe Life’s market cap is $10.02B.
When is Globe Life’s upcoming earnings report date?
Globe Life’s upcoming earnings report date is Feb 05, 2025 which is in 5 days.
How were Globe Life’s earnings last quarter?
Globe Life released its earnings results on Oct 23, 2024. The company reported $3.49 earnings per share for the quarter, beating the consensus estimate of $3.057 by $0.433.
Is Globe Life overvalued?
According to Wall Street analysts Globe Life’s price is currently Undervalued.
Does Globe Life pay dividends?
Globe Life pays a Quarterly dividend of $0.956 which represents an annual dividend yield of 0.79%. See more information on Globe Life dividends here
What is Globe Life’s EPS estimate?
Globe Life’s EPS estimate is 3.12.
How many shares outstanding does Globe Life have?
Globe Life has 83,945,060 shares outstanding.
What happened to Globe Life’s price movement after its last earnings report?
Globe Life reported an EPS of $3.49 in its last earnings report, beating expectations of $3.057. Following the earnings report the stock price went down -1.329%.
Which hedge fund is a major shareholder of Globe Life?
Among the largest hedge funds holding Globe Life’s share is Pzena Investment Management LLC. It holds Globe Life’s shares valued at 107M.
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Globe Life Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$129.57 (6.25% Upside)
$129.57 (6.25% Upside)
Blogger Sentiment
Bullish
GL Sentiment 85%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 144.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $5.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.0%
Last 30 Days ▼ 1.5%
Last 30 Days ▼ 1.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-1.27%
12-Months-Change
Fundamentals
Return on Equity
23.51%
Trailing 12-Months
Asset Growth
12.96%
Trailing 12-Months
Company Description
Globe Life
Globe Life, Inc. is a holding company, which engages in the provision of individual life and supplemental health insurance products and services. It operates through the following segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. The Life Insurance segment includes traditional and interest-sensitive whole life insurance as well as term life insurances. The Supplement Health Insurance segment provides generally guaranteed-renewable and include medicare supplement, critical illness, accident, and limited-benefit supplemental hospital, and surgical coverage. The Annuities segment refers to fixed-benefit contracts. The Investments segment covers the investment portfolio. The company was founded on November 19, 1979 and is headquartered in McKinney, TX.
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GL Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflected strong financial performance with significant growth in key segments such as life insurance and investment income. However, challenges in health underwriting margins and direct-to-consumer sales offset some of the positive outcomes. While administrative expenses increased, the company remains optimistic about future sales growth and agent count expansion.Read More>---
GL Revenue Breakdown
56.90% Life
23.92% Health
19.17% Investment
0.00% Annuity
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GL Stock 12 Month Forecast
Average Price Target
$129.57
▲(6.25% Upside)
Technical Analysis
Best Analysts Covering GL
1 Year
1 Year Success Rate
11/16 ratings generated profit
1 Year Average Return
+14.56%
reiterated a buy rating 2 months ago
Copying Jimmy Bhullar's trades and holding each position for 1 Year would result in 68.75% of your transactions generating a profit, with an average return of +14.56% per trade.
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