NYSE:GL Globe Life (GL) Stock Price, News & Analysis → top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL) (From Traders Agency) (Ad) Free GL Stock Alerts $66.39 -0.35 (-0.52%) (As of 04/22/2024 ET) Add Compare Share Share Today's Range$66.32▼$69.9650-Day Range$49.17▼$128.3952-Week Range$38.95▼$132.00Volume3.94 million shsAverage Volume5.27 million shsMarket Capitalization$6.24 billionP/E Ratio6.59Dividend Yield1.45%Price Target$126.44 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Globe Life alerts: Email Address Globe Life MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.56 Rating ScoreUpside/Downside90.5% Upside$126.44 Price TargetShort InterestHealthy2.99% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.21Upright™ Environmental ScoreNews Sentiment0.46Based on 31 Articles This WeekInsider TradingN/AProj. Earnings Growth8.10%From $11.60 to $12.54 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.98 out of 5 starsFinance Sector8th out of 842 stocksLife Insurance Industry2nd out of 19 stocks 4.3 Analyst's Opinion Consensus RatingGlobe Life has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 3 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageGlobe Life has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.99% 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 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Globe Life has recently increased by 19.57%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldGlobe Life pays a meaningful dividend of 1.48%, higher than 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 9.52%. 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 7.66% next year. This indicates that Globe Life will be able to sustain or increase its dividend. Previous Next 3.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreGlobe Life has received a 26.68% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Life insurance services for individuals", "Life insurance services for groups", and "Accident insurance services for individuals" products. See details.Environmental SustainabilityThe Environmental Impact score for Globe Life is -0.21. Previous Next 3.0 News and Social Media Coverage News SentimentGlobe Life has a news sentiment score of 0.46. 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 31 news articles for Globe Life this week, compared to 11 articles on an average week.Search Interest64 people have searched for GL on MarketBeat in the last 30 days. This is an increase of 6,300% compared to the previous 30 days.MarketBeat Follows22 people have added Globe Life to their MarketBeat watchlist in the last 30 days. This is an increase of 340% compared to the previous 30 days. Previous Next 1.7 Company Ownership 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Globe Life are expected to grow by 8.10% in the coming year, from $11.60 to $12.54 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Globe Life is 6.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.51.Price to Earnings Ratio vs. SectorThe P/E ratio of Globe Life is 6.59, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 62.34.Price to Book Value per Share RatioGlobe Life has a P/B Ratio of 1.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingDon’t Miss Out on the AI Gold Rush That’s Just Getting Started“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.See how you can invest alongside him About Globe Life Stock (NYSE:GL)Globe 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 GL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GL Stock News HeadlinesApril 22, 2024 | investorplace.comGL Stock Earnings: Globe Life Misses EPS, Misses Revenue for Q1 2024April 22, 2024 | prnewswire.comGLOBE LIFE INC. ANNOUNCES VIRTUAL WEBCAST FOR 2024 ANNUAL MEETING OF SHAREHOLDERSApril 23, 2024 | Banyan Hill Publishing (Ad)Don’t Miss Out on the AI Gold Rush That’s Just Getting Started“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.April 22, 2024 | sfgate.comGlobe Life: Q1 Earnings SnapshotApril 22, 2024 | markets.businessinsider.comGlobe Life Inc. Announces Advance In Q1 IncomeApril 22, 2024 | finance.yahoo.comGlobe Life profit surges on strong underwriting, investment returnsApril 22, 2024 | prnewswire.comGLOBE LIFE INC. REPORTS FIRST QUARTER 2024 RESULTSApril 22, 2024 | markets.businessinsider.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Globe Life Inc. - GLApril 23, 2024 | Banyan Hill Publishing (Ad)Don’t Miss Out on the AI Gold Rush That’s Just Getting Started“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.April 21, 2024 | markets.businessinsider.comHere's what Wall Street expects from Globe Life's earningsApril 20, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates ClaimsOn Behalf of Investors of Globe Life Inc. - GLApril 20, 2024 | americanbankingnews.comStockNews.com Lowers Globe Life (NYSE:GL) to HoldApril 19, 2024 | benzinga.comLooking At Globe Life's Recent Unusual Options ActivityApril 19, 2024 | msn.comGlobe Life Q1 2024 Earnings PreviewApril 19, 2024 | prnewswire.comGL Investigation Alert: Kessler Topaz Meltzer & Check, LLP Encourages Globe Life Inc. (GL) Investors to Contact the FirmApril 19, 2024 | theglobeandmail.comGLOBE LIFE (GL): Kaplan Fox & Kilsheimer LLP Investigates GLOBE LIFE and Encourages Investors to Contact the FirmApril 19, 2024 | americanbankingnews.comGlobe Life Target of Unusually Large Options Trading (NYSE:GL)April 18, 2024 | investorplace.com7 Top Dividend Stocks Set for 200%+ Gains by 2028April 17, 2024 | 247wallst.comWhy Globe Life Stock Soared TodayApril 17, 2024 | prnewswire.comGL Investigation Alert: Kessler Topaz Meltzer & Check, LLP Encourages Globe Life Inc. (GL) Investors to Contact the FirmApril 17, 2024 | finance.yahoo.comExploring Analyst Estimates for Globe Life (GL) Q1 Earnings, Beyond Revenue and EPSApril 17, 2024 | finance.yahoo.comThe Zacks Analyst Blog Highlights Globe Life, Dell, Dream Finders Homes, Flywire and IqiyiApril 16, 2024 | markets.businessinsider.comGlobe Life (GL) Tanks 50% After Fuzzy Panda Research Accuses Company of "Wide-Ranging 'Insurance Fraud'" - Hagens BermanApril 16, 2024 | finance.yahoo.comGLOBE LIFE INC. ANNOUNCES FIRST QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALLApril 15, 2024 | msn.comGlobe Life Insurance Review 2024April 15, 2024 | investing.comROSEN, LEADING INVESTOR COUNSEL, Encourages Globe Life Inc. Investors to Inquire About Securities Class Action Investigation “ GLApril 15, 2024 | businesswire.comGL Investigation Alert: Kessler Topaz Meltzer & Check, LLP Encourages Globe Life Inc. (GL) Investors to Contact the FirmSee More Headlines 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 Company Calendar Ex-Dividend for 2/1 Dividend1/04/2024Dividend Payable2/01/2024Last Earnings2/07/2024Ex-Dividend for 5/1 Dividend4/04/2024Today4/23/2024Dividend Payable5/01/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Life insurance Sub-IndustryN/A 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$126.44 High Stock Price Target$160.00 Low Stock Price Target$75.00 Potential Upside/Downside+90.5%Consensus RatingModerate Buy Rating Score (0-4)2.56 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$10.08 Trailing P/E Ratio6.59 Forward P/E Ratio5.72 P/E GrowthN/ANet Income$970.76 million Net Margins17.82% Pretax Margin21.92% Return on Equity24.25% Return on Assets3.81% Debt Debt-to-Equity Ratio0.36 Current Ratio0.05 Quick Ratio0.05 Sales & Book Value Annual Sales$5.45 billion Price / Sales1.15 Cash Flow$14.85 per share Price / Cash Flow4.47 Book Value$47.68 per share Price / Book1.39Miscellaneous Outstanding Shares94,037,000Free Float92,617,000Market Cap$6.24 billion OptionableOptionable Beta0.69 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Frank Martin Svoboda (Age 62)Co-Chairman & Co-CEO Comp: $2.45MMr. James Matthew Darden (Age 53)Co-Chairman & Co-CEO Comp: $2.44MMr. Thomas Peter Kalmbach (Age 59)Executive VP & CFO Comp: $956.75kRobert E. Hensley (Age 56)Executive VP & Chief Investment Officer Comp: $858.5kMr. Robert Brian Mitchell (Age 60)Executive VP, General Counsel & Chief Risk Officer Comp: $825.92kMr. Michael Clay Majors (Age 61)Executive VP of Policy Acquisition & Chief Strategy Officer Comp: $891.2kMr. M. Shane Henrie (Age 50)Corporate Senior VP & Chief Accounting Officer Christopher K. Tyler (Age 50)Executive VP & Chief Information Officer Ms. Dolores L. Skarjune (Age 58)Executive VP & Chief Administrative Officer Joel P. Scarborough (Age 52)Corporate Senior VP, Associate General Counsel & Chief Compliance Officer More ExecutivesKey CompetitorsEnactNASDAQ:ACTSLMNASDAQ:SLMStifel FinancialNYSE:SFFirst HawaiianNASDAQ:FHBRegions FinancialNYSE:RFView All CompetitorsInsiders & InstitutionsRaymond James Financial Services Advisors Inc.Bought 95,273 shares on 4/23/2024Ownership: 0.180%Stonegate Investment Group LLCSold 2,962 shares on 4/23/2024Ownership: 0.033%Oakworth Capital Inc.Bought 13,551 shares on 4/22/2024Ownership: 0.035%Parsons Capital Management Inc. RISold 265 shares on 4/22/2024Ownership: 0.025%Nicholas Hoffman & Company LLC.Bought 921 shares on 4/22/2024Ownership: 0.009%View All Insider TransactionsView All Institutional Transactions GL Stock Analysis - Frequently Asked Questions Should I buy or sell Globe Life stock right now? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Globe Life in the last year. There are currently 5 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GL shares. View GL analyst ratings or view top-rated stocks. What is Globe Life's stock price target for 2024? 9 Wall Street research analysts have issued 1-year target prices for Globe Life's stock. Their GL share price targets range from $75.00 to $160.00. On average, they anticipate the company's share price to reach $126.44 in the next twelve months. This suggests a possible upside of 90.5% from the stock's current price. View analysts price targets for GL or view top-rated stocks among Wall Street analysts. How have GL shares performed in 2024? Globe Life's stock was trading at $121.72 at the beginning of the year. Since then, GL stock has decreased by 45.5% and is now trading at $66.39. View the best growth stocks for 2024 here. Are investors shorting Globe Life? Globe Life saw a increase in short interest in March. As of March 31st, there was short interest totaling 2,750,000 shares, an increase of 19.6% from the March 15th total of 2,300,000 shares. Based on an average daily trading volume, of 775,900 shares, the short-interest ratio is currently 3.5 days. Approximately 3.0% of the shares of the company are sold short. View Globe Life's Short Interest. How can I listen to Globe Life's earnings call? Globe Life will be holding an earnings conference call on Tuesday, April 23rd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 786-697-3501 with passcode "GLOBE LIFE INC". How were Globe Life's earnings last quarter? Globe Life Inc. (NYSE:GL) released its quarterly earnings data on Wednesday, February, 7th. The company reported $2.88 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.73 by $0.15. The company earned $1.42 billion during the quarter, compared to analysts' expectations of $1.40 billion. Globe Life had a net margin of 17.82% and a trailing twelve-month return on equity of 24.25%. The firm's quarterly revenue was up 6.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.24 earnings per share. Read the conference call transcript. How often does Globe Life pay dividends? What is the dividend yield for Globe Life? Globe Life declared a quarterly dividend on Monday, March 18th. Shareholders of record on Friday, April 5th will be given a dividend of $0.24 per share on Wednesday, May 1st. This represents a $0.96 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend is Thursday, April 4th. This is a boost from the stock's previous quarterly dividend of $0.23. Read our dividend analysis for GL. Is Globe Life a good dividend stock? Globe Life (NYSE:GL) pays an annual dividend of $0.96 per share and currently has a dividend yield of 1.48%. The company has been increasing its dividend for 19 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 9.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GL will have a dividend payout ratio of 7.66% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for GL. What ETFs hold Globe Life's stock? ETFs with the largest weight of Globe Life (NYSE:GL) stock in their portfolio include ASYMshares ASYMmetric S&P 500 ETF (ASPY), Dividend Performers ETF (IPDP), SPDR S&P Insurance ETF (KIE), iShares U.S. Insurance ETF (IAK) and Gotham 1000 Value ETF (GVLU).Arrow Reverse Cap 500 ETF (YPS). What guidance has Globe Life issued on next quarter's earnings? Globe Life updated its FY 2024 earnings guidance on Monday, April, 22nd. The company provided earnings per share guidance of 11.500-12.000 for the period, compared to the consensus EPS estimate of 11.600. The company issued revenue guidance of -. What other stocks do shareholders of Globe Life own? Based on aggregate information from My MarketBeat watchlists, some companies that other Globe Life investors own include AT&T (T), AbbVie (ABBV), Chevron (CVX), International Business Machines (IBM), Intel (INTC), Johnson & Johnson (JNJ), Exxon Mobil (XOM), JPMorgan Chase & Co. (JPM), Coca-Cola (KO) and RTX (RTX). Who are Globe Life's major shareholders? Globe Life's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.49%), Raymond James & Associates (0.30%), Pensioenfonds Rail & OV (0.30%), Sumitomo Mitsui Trust Holdings Inc. (0.26%), Raymond James Financial Services Advisors Inc. (0.18%) and Welch Group LLC (0.05%). Insiders that own company stock include Charles E Adair, Cheryl Alston, Christopher Todd Moore, David Kendall Carlson, Dolores L Skarjune, Frank M Svoboda, Frank M Svoboda, Gary L Coleman, James Eric Mcpartland, James Matthew Darden, Jane Buchan, Jason A Harvey, Jennifer Allison Haworth, John Henry Rogers, Jr, Kenneth J Matson, Larry M Hutchison, Melissa Jane Buchan, Michael Clay Majors, Michael Shane Henrie, Pierre Beaurang, Robert Brian Mitchell, Robert W Ingram, Robert W Ingram, Steven John Dichiaro, Steven Kelly Greer and Terren S Peizer. 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. This page (NYSE:GL) was last updated on 4/23/2024 by MarketBeat.com Staff From Our PartnersThe A.I. story nobody is telling you (Read ASAP)TradeSmithDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingHealthcare Takes A Big Step Forward With The Help Of AIThe Bull Reporttop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDid You Get Your Free Bitcoin Yet?Crypto Swap Profits[Shocking] Elon Musk’s Plan To End BanksCrypto 101 MediaUrgent Alert: Biden's IRS Targeting Your Money – Act Fast to Protect It!American AlternativeForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm Press Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Globe Life Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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