NYSE:GL Globe Life (GL) Stock Price, News & Analysis → Start loving Mondays like this (From DTI) (Ad) Free GL Stock Alerts $63.23 +3.26 (+5.44%) (As of 04/17/2024 ET) Add Compare Share Share Today's Range$60.16▼$64.3650-Day Range$49.17▼$128.3952-Week Range$38.95▼$132.00Volume5.12 million shsAverage Volume1.81 million shsMarket Capitalization$5.95 billionP/E Ratio6.27Dividend Yield1.52%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/Downside100.0% Upside$126.44 Price TargetShort InterestHealthy2.99% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.21Upright™ Environmental ScoreNews Sentiment-0.04Based on 66 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.4.95 out of 5 starsFinance Sector18th out of 825 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 1.62%, 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 2.2 News and Social Media Coverage News SentimentGlobe Life has a news sentiment score of -0.04. 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 0.54 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 66 news articles for Globe Life this week, compared to 11 articles on an average week.Search Interest44 people have searched for GL on MarketBeat in the last 30 days. This is an increase of 2,100% compared to the previous 30 days.MarketBeat Follows16 people have added Globe Life to their MarketBeat watchlist in the last 30 days. This is an increase of 220% 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 6.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.89.Price to Earnings Ratio vs. SectorThe P/E ratio of Globe Life is 6.27, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.92.Price to Book Value per Share RatioGlobe Life has a P/B Ratio of 1.33. 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 Wall Street StarThis Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.Click here to learn more about the booming eHealth industry 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 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 | The Bull Report (Ad)Healthcare Takes A Big Step Forward With The Help Of AIThe average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.April 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 17, 2024 | The Bull Report (Ad)Healthcare Takes A Big Step Forward With The Help Of AIThe average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.April 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 FirmApril 15, 2024 | benzinga.comGlobe Life's Options Frenzy: What You Need to KnowApril 15, 2024 | americanbankingnews.comGlobe Life (GL) Scheduled to Post Earnings on MondayApril 14, 2024 | businessinsider.comGlobe Life's stock crashed amid federal probes. Here's everything you need to know.April 14, 2024 | americanbankingnews.comEvercore ISI Cuts Globe Life (NYSE:GL) Price Target to $75.00April 14, 2024 | americanbankingnews.comTruist Financial Reiterates "Hold" Rating for Globe Life (NYSE:GL)April 14, 2024 | americanbankingnews.comGlobe Life (NYSE:GL) Shares Gap Up to $49.17April 14, 2024 | americanbankingnews.comGlobe Life (NYSE:GL) Upgraded to Buy at StockNews.comApril 13, 2024 | finance.yahoo.comShort Seller Behind Globe Life’s Plunge Has Winning RecordApril 13, 2024 | americanbankingnews.comGlobe Life (NYSE:GL) Price Target Cut to $132.00April 12, 2024 | tmcnet.comGlancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Globe Life Inc. (GL) on Behalf of InvestorsApril 12, 2024 | prnewswire.comTOP RANKED ROSEN LAW FIRM Encourages Globe Life Inc. Investors to Inquire About Securities Class Action Investigation - GLApril 12, 2024 | investorplace.com5 Investors Betting Big on Globe Life (GL) StockApril 12, 2024 | wsj.comGlobe Life Stock Rallies After Thursday's DiveApril 12, 2024 | msn.comGlobe Life stock drops 50% because a short-seller alleged insurance fraudApril 12, 2024 | finance.yahoo.comShort Seller Behind Globe Life’s 53% Plunge Has Winning RecordApril 12, 2024 | businesswire.comGlancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Globe Life Inc. (GL) on Behalf of InvestorsSee 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 Dividend4/04/2024Today4/17/2024Next Earnings (Confirmed)4/22/2024Dividend 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+110.8%Consensus RatingModerate Buy Rating Score (0-4)2.56 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$10.08 Trailing P/E Ratio5.95 Forward P/E Ratio5.17 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 / Sales1.04 Cash Flow$16.08 per share Price / Cash Flow3.73 Book Value$47.68 per share Price / Book1.26Miscellaneous Outstanding Shares94,040,000Free Float92,617,000Market Cap$5.64 billion OptionableOptionable Beta0.69 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. 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 & InstitutionsSawyer & Company IncSold 344 shares on 4/16/2024Ownership: 0.024%Wealth Enhancement Advisory Services LLCBought 875 shares on 4/16/2024Ownership: 0.010%Pensioenfonds Rail & OVSold 133,866 shares on 4/15/2024Ownership: 0.298%IMC Chicago LLCBought 25,300 shares on 4/13/2024Ownership: 0.000%Ballentine Partners LLCSold 16,831 shares on 4/11/2024Ownership: 0.002%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 equities research analysts have issued 1 year price objectives for Globe Life's stock. Their GL share price targets range from $75.00 to $160.00. On average, they expect the company's share price to reach $126.44 in the next twelve months. This suggests a possible upside of 100.0% 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 48.1% and is now trading at $63.23. 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 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 short-interest ratio is presently 3.5 days. Currently, 3.0% of the company's shares 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 Monday, April 22nd 2024. View our GL earnings forecast. 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) announced 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 business earned $1.42 billion during 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 company's quarterly revenue was up 6.0% on a year-over-year basis. During the same period in the prior year, the business posted $2.24 EPS. Read the conference call transcript. 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. 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 annualized dividend and a dividend yield of 1.52%. The ex-dividend date of this dividend is Thursday, April 4th. This is a positive change 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 1.62%. 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), iShares U.S. Insurance ETF (IAK), Invesco S&P 500 Equal Weight Financials ETF (RSPF), SPDR S&P Insurance ETF (KIE) and Arrow Reverse Cap 500 ETF (YPS).Fidelity Small-Mid Factor ETF (FSMD). What guidance has Globe Life issued on next quarter's earnings? Globe Life issued an update on 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 many different retail and institutional investors. Top institutional investors include Los Angeles Capital Management LLC (0.49%), Pensioenfonds Rail & OV (0.30%), Welch Group LLC (0.05%), IMC Chicago LLC (0.00%), Alaska Permanent Fund Corp (0.02%) and Sawyer & Company Inc (0.02%). 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 4/17/2024 by MarketBeat.com Staff From Our Partners[Urgent!] Generational Wealth GameplanCrypto 101 MediaDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsThe “Perfect Storm” for GoldGold Safe ExchangeThe "Smart Money" Is Ready for May 1st Are You?Stansberry ResearchOptions trading has suddenly become more reliable.Eagle PublishingTop 5 AI Stocks to Buy for 2024Market Moving TrendsTop 5 Tech Stocks to Buy for 2024Daily Market AlertsYou won't believe what Citigroup just did to it's depositorsAmerican Alternative 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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