NYSE:GL Globe Life (GL) Stock Price, News & Analysis → Elon Musk’s Controversial New Project: “Apollo” (From InvestorPlace) (Ad) Free GL Stock Alerts $75.79 +9.40 (+14.16%) (As of 04/23/2024 ET) Add Compare Share Share Today's Range$66.27▼$76.8750-Day Range$49.17▼$128.3952-Week Range$38.95▼$132.00Volume9.39 million shsAverage Volume5.43 million shsMarket Capitalization$7.13 billionP/E Ratio7.24Dividend Yield1.27%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/Downside66.8% Upside$126.44 Price TargetShort InterestHealthy2.99% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.21Upright™ Environmental ScoreNews Sentiment0.40Based on 32 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 840 stocksLife Insurance Industry2nd out of 20 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 1.45%, 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 7.66% 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 0.40. 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 0.52 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 32 news articles for Globe Life this week, compared to 11 articles on an average week.Search Interest69 people have searched for GL on MarketBeat in the last 30 days. This is an increase of 6,800% compared to the previous 30 days.MarketBeat Follows21 people have added Globe Life to their MarketBeat watchlist in the last 30 days. This is an increase of 320% 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 7.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.11.Price to Earnings Ratio vs. SectorThe P/E ratio of Globe Life is 7.24, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 62.24.Price to Book Value per Share RatioGlobe Life has a P/B Ratio of 1.59. 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 InvestorPlaceElon Musk’s Controversial New Project: “Apollo”Have you seen this footage outside the headquarters of Elon Musk's "Project Apollo?" Big Tech and the mainstream media have called this project "controversial"...Click here to see the details because there's a lot of money at stake. 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 24, 2024 | finance.yahoo.comGlobe Life First Quarter 2024 Earnings: EPS Misses ExpectationsApril 23, 2024 | finance.yahoo.comUpdate: Globe Life Shares Climb After Q1 Net Operating Income, Revenue RiseApril 24, 2024 | InvestorPlace (Ad)Elon Musk’s Controversial New Project: “Apollo”Have you seen this footage outside the headquarters of Elon Musk's "Project Apollo?" Big Tech and the mainstream media have called this project "controversial"...April 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 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 24, 2024 | InvestorPlace (Ad)Elon Musk’s Controversial New Project: “Apollo”Have you seen this footage outside the headquarters of Elon Musk's "Project Apollo?" Big Tech and the mainstream media have called this project "controversial"...April 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 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 2024See 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 Payable2/01/2024Ex-Dividend for 5/1 Dividend4/04/2024Last Earnings4/22/2024Today4/24/2024Dividend Payable5/01/2024Next 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$126.44 High Stock Price Target$160.00 Low Stock Price Target$75.00 Potential Upside/Downside+66.8%Consensus RatingModerate Buy Rating Score (0-4)2.56 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$10.08 Trailing P/E Ratio7.52 Forward P/E Ratio6.53 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 / Sales1.31 Cash Flow$16.96 per share Price / Cash Flow4.47 Book Value$47.68 per share Price / Book1.59Miscellaneous Outstanding Shares94,040,000Free Float92,617,000Market Cap$7.13 billion OptionableOptionable Beta0.69 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.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 CompetitorsVoya FinancialNYSE:VOYAPrimericaNYSE:PRIJackson FinancialNYSE:JXNLincoln NationalNYSE:LNCF&G Annuities & LifeNYSE:FGView All CompetitorsInsiders & InstitutionsPlatte River Wealth Advisors LLCSold 1,488 shares on 4/23/2024Ownership: 0.029%Eads & Heald Wealth ManagementSold 170 shares on 4/23/2024Ownership: 0.018%Louisiana State Employees Retirement SystemSold 200 shares on 4/23/2024Ownership: 0.005%TrueWealth Advisors LLCSold 275 shares on 4/23/2024Ownership: 0.005%New Mexico Educational Retirement BoardSold 300 shares on 4/23/2024Ownership: 0.005%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 equities research analysts have issued "buy," "hold," and "sell" ratings for Globe Life in the last twelve months. There are currently 5 hold ratings, 3 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? 9 equities research analysts have issued 12 month price objectives for Globe Life's shares. Their GL share price targets range from $75.00 to $160.00. On average, they predict the company's stock price to reach $126.44 in the next year. This suggests a possible upside of 66.8% 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 stock has decreased by 37.7% and is now trading at $75.79. View the best growth stocks for 2024 here. Are investors shorting Globe Life? Globe Life saw a increase in short interest in the month of 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 volume of 775,900 shares, the days-to-cover ratio is currently 3.5 days. Currently, 3.0% of the company's shares 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) posted its earnings results on Monday, April, 22nd. The company reported $2.78 earnings per share for the quarter, missing the consensus estimate of $2.79 by $0.01. The business had revenue of $1.42 billion for 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% compared to the same quarter last year. During the same quarter last year, the firm earned $2.53 EPS. How often does Globe Life pay dividends? What is the dividend yield for Globe Life? Globe Life announced a quarterly dividend on Monday, March 18th. Investors 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 dividend yield of 1.27%. 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 1.45%. 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 7.66% 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 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 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. 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