NYSE:GL Globe Life (GL) Stock Price, News & Analysis → Central Banks Preparing for US Dollar Collapse? (From Behind the Markets) (Ad) Free GL Stock Alerts $116.41 -0.19 (-0.16%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$115.70▼$117.2550-Day Range$115.47▼$128.3952-Week Range$102.23▼$132.00Volume1.03 million shsAverage Volume993,451 shsMarket Capitalization$10.95 billionP/E Ratio11.55Dividend Yield0.77%Price Target$133.00 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 Buy2.57 Rating ScoreUpside/Downside14.3% Upside$133.00 Price TargetShort InterestHealthy2.51% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.25Upright™ Environmental ScoreNews Sentiment0.37Based on 19 Articles This WeekInsider TradingSelling Shares$306,338 Sold Last QuarterProj. Earnings Growth8.12%From $11.57 to $12.51 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.4.68 out of 5 starsFinance Sector108th out of 858 stocksLife Insurance Industry5th out of 19 stocks 2.3 Analyst's Opinion Consensus RatingGlobe Life has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $133.00, Globe Life has a forecasted upside of 14.3% from its current price of $116.41.Amount of Analyst CoverageGlobe Life has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.51% 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 3.6, 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 94.92%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend YieldGlobe Life has a dividend yield of 0.77%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthGlobe Life has been increasing its dividend for 18 years.Dividend CoverageThe dividend payout ratio of Globe Life is 8.93%. 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 7.19% next year. This indicates that Globe Life will be able to sustain or increase its dividend. Previous Next 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreGlobe Life has received a 23.76% 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 -0.25. Previous Next 2.4 News and Social Media Coverage News SentimentGlobe Life has a news sentiment score of 0.37. 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 is a lower news sentiment than the 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 19 news articles for Globe Life this week, compared to 10 articles on an average week.Search InterestOnly 1 people have searched for GL on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows6 people have added Globe Life to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Globe Life insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $306,338.00 in 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 8.12% in the coming year, from $11.57 to $12.51 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Globe Life is 11.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.39.Price to Earnings Ratio vs. SectorThe P/E ratio of Globe Life is 11.55, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 61.85.Price to Book Value per Share RatioGlobe Life has a P/B Ratio of 2.44. 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 Vertical Research Advisory“The Stock Market’s Bull Run is Far from Over” -BarronsBarron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!Click here for all the details now… 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 HeadlinesMarch 28, 2024 | dallasnews.comWatch: Texas Rangers drop World Series banner at Globe Life Field celebrating 2023 titleMarch 28, 2024 | msn.comSee it at Globe Life Field: Texas Rangers unveil special collection celebrating World Series victoryMarch 29, 2024 | Vertical Research Advisory (Ad)“The Stock Market’s Bull Run is Far from Over” -BarronsBarron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!March 28, 2024 | msn.comTrump calls his globe-trotting ex-diplomat ‘my envoy.’ Neither is in office.March 28, 2024 | msn.comOpening Day: What’s happening, who’s there and what to know about Rangers-Cubs at Globe Life FieldMarch 28, 2024 | msn.comWhat you need to know before going to Globe Life Field for Texas Rangers Opening DayMarch 28, 2024 | americanbankingnews.comGlobe Life (NYSE:GL) Downgraded by StockNews.com to HoldMarch 28, 2024 | msn.comWhat time do the Rangers play Opening Day? When does Globe Life Field open? What about parking?March 29, 2024 | Vertical Research Advisory (Ad)“The Stock Market’s Bull Run is Far from Over” -BarronsBarron's reports that the "stock market's bull run is FAR from over…" And recent economic growth will fuel the price of select stocks in the coming months!March 27, 2024 | msn.comTexas Rangers spring training postcard: Globe Life Field menu goes from tired to inspiredMarch 26, 2024 | msn.comNew food line-up unveiled for Rangers fans at Globe Life FieldMarch 26, 2024 | msn.comHere’s what to eat at Globe Life Field for upcoming Texas Rangers MLB seasonMarch 25, 2024 | msn.comNew season, new menu items at Rangers' Globe Life FieldMarch 25, 2024 | msn.comRangers and Globe Life Field unveil new menu items fit for a champMarch 24, 2024 | 247wallst.comWarren Buffett Sold Some of His Apple and All of 4 Other StocksMarch 22, 2024 | seekingalpha.comGL Globe Life Inc.March 22, 2024 | finance.yahoo.comGlobe Life (NYSE:GL) Is Increasing Its Dividend To $0.24March 22, 2024 | americanbankingnews.comStock Traders Buy Large Volume of Put Options on Globe Life (NYSE:GL)March 21, 2024 | msn.comTexas Rangers begin selling 'Gold Collection' at Globe Life FieldMarch 19, 2024 | dallasnews.comTexas Rangers gold-trimmed merchandise to go on sale in Globe Life Field team storeMarch 18, 2024 | markets.businessinsider.comImproving literacy rates critical to quality of life: United for Literacy surveyMarch 18, 2024 | msn.comThe Globe's Leading Illnesses Are in Our HeadsMarch 18, 2024 | msn.comMalls once dead, find new lifeMarch 18, 2024 | prnewswire.comGLOBE LIFE INC. DECLARES DIVIDENDMarch 17, 2024 | msn.comWatch: Athlete runs to support hospital after life-saving interventionMarch 17, 2024 | msn.comWhy is it still so difficult to get life-saving addiction medications?March 16, 2024 | msn.comConrad Black: Globe and Mail fails on TrumpSee 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 Earnings2/07/2024Today3/28/2024Ex-Dividend for 5/1 Dividend4/04/2024Dividend Payable5/01/2024Next Earnings (Estimated)5/01/2024Fiscal 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$133.00 High Stock Price Target$160.00 Low Stock Price Target$118.00 Potential Upside/Downside+14.3%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$10.08 Trailing P/E Ratio11.55 Forward P/E Ratio10.06 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 / Sales2.01 Cash Flow$14.94 per share Price / Cash Flow7.79 Book Value$47.68 per share Price / Book2.44Miscellaneous Outstanding Shares94,040,000Free Float92,617,000Market Cap$10.95 billion OptionableOptionable Beta0.70 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.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 CompetitorsReinsurance Group of AmericaNYSE:RGAPrimericaNYSE:PRIVoya FinancialNYSE:VOYAAegonNYSE:AEGLincoln NationalNYSE:LNCView All CompetitorsInsiders & InstitutionsNomura Holdings Inc.Bought 1,734 shares on 3/27/2024Ownership: 0.002%Quadrature Capital LtdBought 15,862 shares on 3/25/2024Ownership: 0.041%Vanguard Group Inc.Sold 52,677 shares on 3/11/2024Ownership: 11.556%Wellington Management Group LLPSold 368,807 shares on 3/5/2024Ownership: 5.000%Fisher Asset Management LLCSold 385 shares on 3/5/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions GL Stock Analysis - Frequently Asked Questions Should I buy or sell Globe Life stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Globe Life in the last year. There are currently 4 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research 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? 7 brokerages have issued 1-year price targets for Globe Life's stock. Their GL share price targets range from $118.00 to $160.00. On average, they expect the company's share price to reach $133.00 in the next year. This suggests a possible upside of 14.3% 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 on January 1st, 2024. Since then, GL shares have decreased by 4.4% and is now trading at $116.41. View the best growth stocks for 2024 here. Are investors shorting Globe Life? Globe Life saw a increase in short interest during the month of February. As of February 29th, there was short interest totaling 1,180,000 shares, an increase of 23.1% from the February 14th total of 958,900 shares. Based on an average daily volume of 550,800 shares, the short-interest ratio is presently 2.1 days. Approximately 1.3% of the shares of the stock are short sold. View Globe Life's Short Interest. When is Globe Life's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our GL earnings forecast. How were Globe Life's earnings last quarter? Globe Life Inc. (NYSE:GL) released its earnings results on Wednesday, February, 7th. The company reported $2.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.73 by $0.15. The business had revenue of $1.42 billion for the quarter, compared to analysts' expectations of $1.40 billion. Globe Life had a trailing twelve-month return on equity of 24.25% and a net margin of 17.82%. The firm's revenue for the quarter was up 6.0% on a year-over-year basis. During the same period in the prior year, the firm 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. Stockholders of record on Friday, April 5th will be paid 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 0.82%. The ex-dividend date is Thursday, April 4th. This is an increase 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 $0.90 per share and currently has a dividend yield of 0.77%. The company has been increasing its dividend for 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 8.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GL will have a dividend payout ratio of 7.19% 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 SPDR S&P Insurance ETF (KIE), ASYMshares ASYMmetric S&P 500 ETF (ASPY), Dividend Performers ETF (IPDP), iShares U.S. Insurance ETF (IAK), Invesco S&P 500 Equal Weight Financials ETF (RSPF), WisdomTree U.S. Multifactor Fund (USMF), IQ Candriam ESG U.S. Mid Cap Equity ETF (IQSM) and Timothy Plan US Large Cap Core ETF (TPLC). What guidance has Globe Life issued on next quarter's earnings? Globe Life updated its FY 2024 earnings guidance on Wednesday, February, 7th. The company provided earnings per share guidance of 11.300-11.800 for the period, compared to the consensus EPS estimate of 11.430. 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 number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.56%), Vanguard Group Inc. (11.51%), Wellington Management Group LLP (5.00%), Cooke & Bieler LP (2.51%), Boston Partners (2.09%) and Dimensional Fund Advisors LP (1.28%). 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 3/29/2024 by MarketBeat.com Staff From Our PartnersDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyMost important medical advance in 100 yearsThe Oxford ClubBuy this small stock before coming AI Tidal WaveChaikin Analytics 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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