NYSE:GL Globe Life (GL) Stock Price, News & Analysis → The A.I. story nobody is telling you (Read ASAP) (From TradeSmith) (Ad) Free GL Stock Alerts $85.26 +4.42 (+5.47%) (As of 05/7/2024 ET) Add Compare Share Share Today's Range$79.95▼$85.4050-Day Range$49.17▼$128.3952-Week Range$38.95▼$132.00Volume3.40 million shsAverage Volume2.21 million shsMarket Capitalization$8.02 billionP/E Ratio8.14Dividend Yield1.13%Price Target$114.33 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 Buy2.67 Rating ScoreUpside/Downside34.1% Upside$114.33 Price TargetShort InterestHealthy3.73% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.21Upright™ Environmental ScoreNews Sentiment0.49Based on 24 Articles This WeekInsider TradingSelling Shares$179,336 Sold Last QuarterProj. Earnings Growth9.56%From $11.72 to $12.84 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.5.00 out of 5 starsFinance Sector3rd out of 874 stocksLife Insurance Industry1st out of 21 stocks 4.3 Analyst's Opinion Consensus RatingGlobe Life has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 4 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.Read more about Globe Life's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.73% 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 1.4, 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 24.73%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldGlobe Life pays a meaningful dividend of 1.24%, 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 9.17%. 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 7.48% next year. This indicates that Globe Life will be able to sustain or increase its dividend.Read more about Globe Life's 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 3.1 News and Social Media Coverage News SentimentGlobe Life has a news sentiment score of 0.49. 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 24 news articles for Globe Life this week, compared to 11 articles on an average week.Search Interest95 people have searched for GL on MarketBeat in the last 30 days. This is an increase of 2,275% compared to the previous 30 days.MarketBeat Follows24 people have added Globe Life to their MarketBeat watchlist in the last 30 days. This is an increase of 380% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Globe Life insiders have sold 49.97% more of their company's stock than they have bought. Specifically, they have bought $119,580.00 in company stock and sold $179,336.00 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.Read more about Globe Life's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Globe Life are expected to grow by 9.56% in the coming year, from $11.72 to $12.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Globe Life is 8.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.88.Price to Earnings Ratio vs. SectorThe P/E ratio of Globe Life is 8.14, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 55.66.Price to Book Value per Share RatioGlobe Life has a P/B Ratio of 1.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Globe Life's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaElon Musk Secret Crypto Plot ExposedReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.Click here now to get your copy. 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 27, 2024 | insidertrades.comGlobe Life Inc. (NYSE:GL) Director Acquires $119,580.00 in StockMay 7, 2024 | msn.comLevi & Korsinsky LLP Reminds Shareholders of a Lead Plaintiff Deadline of July 01, 2024 in Globe Life Lawsuit – GLMay 7, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. May 7, 2024 | businesswire.comGlobe Life, Inc. (GL) Investor Notice: Robbins LLP Reminds Stockholders of the Globe Life, Inc. Class ActionMay 7, 2024 | businesswire.comDeadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Globe Life Inc. (GL)May 6, 2024 | businesswire.comThe Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Globe Life Inc. (GL) InvestorsMay 6, 2024 | prnewswire.comSHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Globe Life Inc. with Losses to Contact the FirmMay 6, 2024 | msn.comGlobe Life declares $0.24 dividendMay 7, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. May 6, 2024 | prnewswire.comGLOBE LIFE INC. DECLARES DIVIDENDMay 5, 2024 | stockhouse.comGL INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Globe Life Inc. Investors Can Join the Class Action Lawsuit!May 4, 2024 | stockhouse.comSHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Globe Life Inc. - GLMay 4, 2024 | markets.businessinsider.comSHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in Globe Life Inc. with Losses to Contact the FirmMay 3, 2024 | prnewswire.comGLOBE LIFE SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Globe Life Inc. - GLMay 3, 2024 | businesswire.comGlancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of Globe Life Inc. (GL) InvestorsMay 3, 2024 | businesswire.comINVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Globe Life Inc. (GL) InvestorsMay 2, 2024 | stockhouse.comGLOBE LIFE INC. (NYSE: GL) DEADLINE ALERT: Bernstein Liebhard LLP Reminds Globe Life Inc. Investors of Upcoming DeadlineMay 2, 2024 | businesswire.comGLOBE LIFE SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in ...May 1, 2024 | businesswire.comGLOBE LIFE SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Globe Life Inc. - GLMay 1, 2024 | businesswire.comROSEN, A GLOBALLY RESPECTED LAW FIRM, Encourages Globe Life Inc. f/k/a Torchmark Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – GLMay 1, 2024 | americanbankingnews.comStock Traders Purchase High Volume of Globe Life Put Options (NYSE:GL)April 30, 2024 | businesswire.comShareholder Alert: Bernstein Litowitz Berger & Grossmann LLP Announces the Filing of Securities Class Action Lawsuit Against Globe Life Inc. f/k/a Torchmark CorporationApril 30, 2024 | benzinga.comBehind the Scenes of Globe Life's Latest Options TrendsApril 30, 2024 | finance.yahoo.comGE Aerospace Is the S&P 500’s Top-Performing Stock in April. Globe Life Is the Worst.April 30, 2024 | barrons.comGE Aerospace Is the S&P 500's Top-Performing Stock in April. Globe Life Is the Worst.April 30, 2024 | msn.comGlobe Life becomes target of second short seller this monthApril 30, 2024 | americanbankingnews.comGlobe Life (NYSE:GL) Trading 4.8% Higher After Insider Buying ActivitySee 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 5/1 Dividend4/04/2024Last Earnings4/22/2024Dividend Payable5/01/2024Today5/07/2024Next Earnings (Estimated)7/24/2024Fiscal 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$114.33 High Stock Price Target$160.00 Low Stock Price Target$75.00 Potential Upside/Downside+34.1%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$10.47 Trailing P/E Ratio8.14 Forward P/E Ratio7.27 P/E GrowthN/ANet Income$970.76 million Net Margins18.07% Pretax Margin22.28% Return on Equity23.91% Return on Assets3.87% Debt Debt-to-Equity Ratio0.36 Current Ratio0.05 Quick Ratio0.05 Sales & Book Value Annual Sales$5.45 billion Price / Sales1.47 Cash Flow$16.43 per share Price / Cash Flow5.19 Book Value$47.68 per share Price / Book1.79Miscellaneous Outstanding Shares94,040,000Free Float92,617,000Market Cap$8.02 billion OptionableOptionable Beta0.78 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.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 CompetitorsPrimericaNYSE:PRIVoya FinancialNYSE:VOYAJackson FinancialNYSE:JXNF&G Annuities & LifeNYSE:FGLincoln NationalNYSE:LNCView All CompetitorsInsiders & InstitutionsSwiss National BankSold 14,700 shares on 5/7/2024Ownership: 0.300%Sei Investments Co.Sold 4,833 shares on 5/7/2024Ownership: 0.044%Empowered Funds LLCBought 1,346 shares on 5/7/2024Ownership: 0.008%Allegheny Financial Group LTDBought 2,052 shares on 5/7/2024Ownership: 0.005%Tectonic Advisors LLCBought 336 shares on 5/7/2024Ownership: 0.004%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 research analysts have issued "buy," "hold," and "sell" ratings for Globe Life in the last twelve months. There are currently 4 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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? 9 brokers have issued 12-month target prices for Globe Life's shares. Their GL share price targets range from $75.00 to $160.00. On average, they expect the company's stock price to reach $114.33 in the next twelve months. This suggests a possible upside of 34.1% 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 2024. Since then, GL shares have decreased by 30.0% and is now trading at $85.26. View the best growth stocks for 2024 here. Are investors shorting Globe Life? Globe Life saw a increase in short interest in April. As of April 15th, there was short interest totaling 3,430,000 shares, an increase of 24.7% from the March 31st total of 2,750,000 shares. Based on an average trading volume of 2,390,000 shares, the short-interest ratio is currently 1.4 days. Approximately 3.7% of the shares of the stock are sold short. 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, July 24th 2024. View our GL earnings forecast. How were Globe Life's earnings last quarter? Globe Life Inc. (NYSE:GL) announced its earnings results on Monday, April, 22nd. The company reported $2.78 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.79 by $0.01. The business earned $1.42 billion during the quarter, compared to analyst estimates of $1.42 billion. Globe Life had a net margin of 18.07% and a trailing twelve-month return on equity of 23.91%. The firm's quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the company earned $2.53 EPS. 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, May 6th. Stockholders of record on Friday, July 5th will be paid a dividend of $0.24 per share on Thursday, August 1st. This represents a $0.96 dividend on an annualized basis and a yield of 1.13%. The ex-dividend date is Friday, July 5th. 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 1.24%. 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 9.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GL will have a dividend payout ratio of 7.48% 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), SPDR S&P Insurance ETF (KIE), iShares U.S. Insurance ETF (IAK), Timothy Plan US Large Cap Core ETF (TPLC), Timothy Plan US Large/Mid Cap Core Enhanced ETF (TPLE) 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 (EPS) guidance of 11.500-12.000 for the period, compared to the consensus 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 many different retail and institutional investors. Top institutional shareholders include Nordea Investment Management AB (1.06%), Equity Investment Corp (0.90%), Los Angeles Capital Management LLC (0.49%), Anchor Capital Advisors LLC (0.44%), Pzena Investment Management LLC (0.40%) and Nuance Investments LLC (0.34%). Insiders that own company stock include Charles E Adair, Cheryl Alston, Christopher Todd Moore, David A Rodriguez, 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, Rebecca E Zorn, 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 5/7/2024 by MarketBeat.com Staff From Our PartnersThe Department of Defense Has a New Drone ContractorThe Tomorrow InvestorThe A.I. story nobody is telling you (Read ASAP)TradeSmithThe asset beating inflation by 4xColonial MetalsElon Musk Secret Crypto Plot ExposedCrypto 101 MediaThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldPOTUS in ‘25 Not Biden/Trump, ButThe Freeport SocietyObama’s Forever Term [exposed]Porter & CompanyDid You Get Your Free Bitcoin Yet?Crypto Swap Profits 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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