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Globe Life (GL)
NYSE:GL
Holding GL?
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GL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$38.95 - $132.00
Previous Close$106.65
Volume408.48K
Average Volume (3M)958.26K
Market Cap
$9.64B
Enterprise Value$10.23B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$654.61M
Price to Earnings (P/E)9.6
Beta0.52
Next Earnings
Oct 23, 2024EPS Estimate
$3.05Next Dividend Ex-Date
Oct 04, 2024Dividend Yield0.88%
Share Statistics
EPS (TTM)11.06
Shares Outstanding89,819,840
10 Day Avg. Volume858,718
30 Day Avg. Volume958,265
Standard Deviation0.08
R-Squared0.27
Alpha-0.00301
Financial Highlights & Ratios
Price to Book (P/B)1.83
Price to Sales (P/S)1.76
Price to Cash Flow (P/CF)6.40
P/FCF Ratio6.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.81
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$103.50Price Target Upside-3.60% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Globe Life News
PremiumPress Releases
GLOBE LIFE INC. DECLARES DIVIDEND
Bulls Say, Bears Say
Bulls Say
Capital RaisesGlobe is pleased with its recent capital raises.
Earnings GuidanceGL increased its 2024 EPS guidance, implying ~12% growth at the midpoint.
GrowthGL is seeing strong growth across all three agencies.
Bears Say
Financial PerformancePost debt raise leverage is at higher end of 23-27% target.
Legal ConcernsEqual Employment Opportunity Commission reopens two cases against AIL which they had previously dismissed.
Regulatory IssuesPennsylvania insurance regulator fined AIL $130k for involvement in unfair and deceptive practices.
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Ownership Overview
8.03% Insiders
32.33% Mutual Funds
38.32% Other Institutional Investors
21.31% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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GL FAQ
What was Globe Life’s price range in the past 12 months?
Globe Life lowest stock price was $38.95 and its highest was $132.00 in the past 12 months.
What is Globe Life’s market cap?
Currently, no data Available
When is Globe Life’s upcoming earnings report date?
Globe Life’s upcoming earnings report date is Oct 23, 2024 which is in 34 days.
How were Globe Life’s earnings last quarter?
Globe Life released its earnings results on Jul 24, 2024. The company reported $2.97 earnings per share for the quarter, beating the consensus estimate of $2.916 by $0.054.
Is Globe Life overvalued?
According to Wall Street analysts Globe Life’s price is currently Overvalued.
Does Globe Life pay dividends?
Globe Life pays a Quarterly dividend of $0.24 which represents an annual dividend yield of 0.88%. See more information on Globe Life dividends here
What is Globe Life’s EPS estimate?
Globe Life’s EPS estimate is $3.05.
How many shares outstanding does Globe Life have?
Globe Life has 89,819,840 shares outstanding.
What happened to Globe Life’s price movement after its last earnings report?
Globe Life reported an EPS of $2.97 in its last earnings report, beating expectations of $2.916. Following the earnings report the stock price went up 0.906%.
Which hedge fund is a major shareholder of Globe Life?
Among the largest hedge funds holding Globe Life’s share is Pzena Investment Management LLC. It holds Globe Life’s shares valued at 77M.
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Globe Life Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$103.50 (-3.60% Downside)
$103.50 (-3.60% Downside)
Blogger Sentiment
Bullish
GL Sentiment 83%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 371.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 5.8%
Last 30 Days ▼ 5.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-2.56%
12-Months-Change
Fundamentals
Return on Equity
22.69%
Trailing 12-Months
Asset Growth
5.96%
Trailing 12-Months
Company Description
Globe Life
Globe Life, Inc. is a holding company, which engages in the provision of individual life and supplemental health insurance products and services. It operates through the following segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. The Life Insurance segment includes traditional and interest-sensitive whole life insurance as well as term life insurances. The Supplement Health Insurance segment provides generally guaranteed-renewable and include medicare supplement, critical illness, accident, and limited-benefit supplemental hospital, and surgical coverage. The Annuities segment refers to fixed-benefit contracts. The Investments segment covers the investment portfolio. The company was founded on November 19, 1979 and is headquartered in McKinney, TX.
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GL Earnings Call
Q2 2024
0:00 / 0:00
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GL Revenue Breakdown
56.90% Life
23.92% Health
19.17% Investment
0.00% Annuity
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GL Stock 12 Month Forecast
Average Price Target
$103.50
▼(-3.60% Downside)
Technical Analysis
Best Analysts Covering GL
1 Year
1 Year Success Rate
9/14 ratings generated profit
1 Year Average Return
+9.74%
reiterated a buy rating 2 months ago
Copying Jimmy Bhullar's trades and holding each position for 1 Year would result in 64.29% of your transactions generating a profit, with an average return of +9.74% per trade.
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