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Globe Life (GL)
NYSE:GL
Globe Life (GL) Stock Price & Analysis
443 Followers
GL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$38.95 - $131.71
Previous Close$79.28
Volume1.78M
Average Volume (3M)2.83M
Market Cap
$7.46B
Enterprise Value$7.94B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$486.11M
Price to Earnings (P/E)7.6
Beta0.60
Next Earnings
Jul 24, 2024EPS Estimate
$2.9Last Dividend Ex-Date
Apr 04, 2024Dividend Yield1.15%
Share Statistics
EPS (TTM)10.47
Shares Outstanding93,707,838
10 Day Avg. Volume4,769,913
30 Day Avg. Volume2,834,029
Standard Deviation0.08
R-Squared0.29
Alpha-0.00644
Financial Highlights & Ratios
Price to Book (P/B)1.86
Price to Sales (P/S)5.25
Price to Cash Flow (P/CF)4.80
P/FCF Ratio4.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.82
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$99.90Price Target Upside28.82% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
Globe Life News
PremiumPress Releases
GLOBE LIFE INC. DECLARES DIVIDEND
Bulls Say, Bears Say
Bulls Say
Capital ManagementThe company is enhancing shareholder value by increasing its share buyback program and accelerating repurchases, signaling confidence in the stock's value.
Company GrowthHealthy life underwriting results and significant agent count growth underscore the company's solid fundamentals and potential for future sales expansion.
Financial PerformanceManagement's upward revision of EPS guidance, coupled with a robust cash flow outlook, reflects a strong financial trajectory for the company.
Bears Say
Analyst's Price Target AdjustmentThe price target was cut to $108 from $132 based on 1.1x 2025 book value.
Regulatory And Legal IssuesThe Pennsylvania insurance regulator fined American Income Life for involvement in unfair and deceptive practices.
Sales PerformanceLife and health sales were soft versus expectations, with some segments showing weakness.
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Ownership Overview
7.65% Insiders
26.89% Mutual Funds
28.56% Other Institutional Investors
36.89% 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 76 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 1.15%. See more information on Globe Life dividends here
What is Globe Life’s EPS estimate?
Globe Life’s EPS estimate is $2.9.
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 up 14.114%.
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:
$99.90 (28.82% Upside)
$99.90 (28.82% 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.
Insider Transactions
Bought Shares
Worth $351.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.8%
Last 30 Days ▲ 119.2%
Last 30 Days ▲ 119.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
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
Q1 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
$99.90
▲(28.82% Upside)
Technical Analysis
Best Analysts Covering GL
1 Year
1 Year Success Rate
7/12 ratings generated profit
1 Year Average Return
+0.60%
reiterated a buy rating 16 days ago
Copying Jimmy Bhullar's trades and holding each position for 1 Year would result in 58.33% of your transactions generating a profit, with an average return of +0.60% per trade.
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