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Globe Life (GL)
NYSE:GL
Globe Life (GL) Stock Price & Analysis
422 Followers
GL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$38.95 - $131.71
Previous Close$66.39
Volume4.12M
Average Volume (3M)2.24M
Market Cap
$6.24B
Enterprise Value$6.73B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$486.11M
Price to Earnings (P/E)6.6
Beta0.56
Next Earnings
Jul 24, 2024EPS Estimate
$2.89Last Dividend Ex-Date
Apr 04, 2024Dividend Yield1.35%
Share Statistics
EPS (TTM)10.08
Shares Outstanding93,707,838
10 Day Avg. Volume9,305,257
30 Day Avg. Volume2,244,345
Standard Deviation0.06
R-Squared0.33
Alpha0.00049
Financial Highlights & Ratios
Price to Book (P/B)1.56
Price to Sales (P/S)4.42
Price to Cash Flow (P/CF)4.00
P/FCF Ratio3.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.55
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$117.10Price Target Upside76.38% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
Globe Life News
PremiumMarket News
SPY ETF Update, 4/22/2024 
PremiumMarket News
SPY ETF Update, 4/18/2024 
PremiumMarket News
SPY ETF Update, 4/16/2024 
PremiumPre-Earnings
Is GL a Buy, Before Earnings?Bulls Say, Bears Say
Bulls Say
Agent GrowthThe company is experiencing notable growth in its agent count, indicating potential for increased sales and revenue.
Earnings BeatEarnings per share (EPS) outperformed estimates, showcasing the company's ability to surpass financial expectations.
Guidance RaiseThe company's upward revision of earnings guidance reflects its optimism for stronger financial health in the future.
Bears Say
Company PerformanceLife sales growth of 3% year-over-year was below expectations, which could indicate weakening demand for the company's products.
Legal And Ethical ConcernsGlobe Life has been responding to unconfirmed allegations regarding workplace misconduct which led to a Department of Justice probe.
Regulatory IssuesThe Pennsylvania insurance regulator fined American Income Life for involvement in unfair and deceptive practices.
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Ownership Overview
7.64% Insiders
26.53% Mutual Funds
28.58% Other Institutional Investors
37.24% 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 $131.71 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 Jul 24, 2024 which is in 92 days.
How were Globe Life’s earnings last quarter?
Globe Life released its earnings results on Apr 22, 2024. The company reported $2.78 earnings per share for the quarter, missing the consensus estimate of $2.788 by -$0.008.
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 1.35%. See more information on Globe Life dividends here
What is Globe Life’s EPS estimate?
Globe Life’s EPS estimate is $2.89.
How many shares outstanding does Globe Life have?
Globe Life has 94,036,896 shares outstanding.
What happened to Globe Life’s price movement after its last earnings report?
Globe Life reported an EPS of $2.78 in its last earnings report, missing expectations of $2.788. Following the earnings report the stock price went same N/A.
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 58M.
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Globe Life Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$117.10 (76.38% Upside)
$117.10 (76.38% Upside)
Blogger Sentiment
Bullish
GL Sentiment 83%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 856.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 8.1%
Last 30 Days ▲ 86.6%
Last 30 Days ▲ 86.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-37.80%
12-Months-Change
Fundamentals
Return on Equity
20.69%
Trailing 12-Months
Asset Growth
9.85%
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
Q4 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 Months Forecast
Average Price Target
$117.10
▲(76.38% Upside)
Technical Analysis
Best Analysts Covering GL
1 Year
1 Year Success Rate
6/11 ratings generated profit
1 Year Average Return
-2.37%
reiterated a buy rating 3 months ago
Copying Jimmy Bhullar's trades and holding each position for 1 Year would result in 54.55% of your transactions generating a profit, with an average return of -2.37% per trade.
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