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Globe Life (GL)
NYSE:GL
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GL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$38.95 - $132.00
Previous Close$111.38
Volume543.10K
Average Volume (3M)716.27K
Market Cap
$9.35B
Enterprise Value$9.79B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$437.42M
Price to Earnings (P/E)9.4
Beta0.76
Next Earnings
Jan 29, 2025EPS Estimate
$3.12Next Dividend Ex-Date
Jan 06, 2025Dividend Yield0.85%
Share Statistics
EPS (TTM)11.82
Shares Outstanding83,945,064
10 Day Avg. Volume542,018
30 Day Avg. Volume716,274
Standard Deviation0.08
R-Squared0.27
Alpha-0.00399
Financial Highlights & Ratios
Price to Book (P/B)1.97
Price to Sales (P/S)1.67
Price to Cash Flow (P/CF)6.70
P/FCF Ratio6.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.71
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$133.00Price Target Upside19.41% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Globe Life News
PremiumCompany Announcements
Globe Life Introduces Executive Severance Plan
Bulls Say, Bears Say
Bulls Say
EarningsThe business fundamentals appear to be healthy, with overall results coming in above expectations due in part to remeasurement gains in the Life segment.
Growth ProspectsGL is seeing strong growth across all three agencies, with expectations for high-single-digit to double-digit growth, unaffected by secular economic changes.
Share BuybacksThe company spent $580 million in buybacks, which was well above consensus expectations.
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 ChallengesAgent count growth slowed in both LNL and AIL.
Regulatory ConcernsUncertainty from the DOJ investigation continues to weigh on the stock.
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Ownership Overview
0.86% Insiders
27.09% Mutual Funds
11.73% Other Institutional Investors
33.66% 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?
Currently, no data Available
When is Globe Life’s upcoming earnings report date?
Globe Life’s upcoming earnings report date is Jan 29, 2025 which is in 64 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 $0.24 which represents an annual dividend yield of 0.85%. 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 -1.326%.
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:
$133.00 (19.41% Upside)
$133.00 (19.41% Upside)
Blogger Sentiment
Bullish
GL Sentiment 80%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 144.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $878.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.5%
Last 30 Days >0.1%
Last 30 Days >0.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-7.34%
12-Months-Change
Fundamentals
Return on Equity
23.55%
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
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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
$133.00
▲(19.41% Upside)
Technical Analysis
Best Analysts Covering GL
1 Year
1 Year Success Rate
10/15 ratings generated profit
1 Year Average Return
+10.85%
reiterated a buy rating 2 months ago
Copying Jimmy Bhullar's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +10.85% per trade.
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