Globe Life/GL

$82.37

-1.89%
-
1D1W1MYTD1YMAX

About Globe Life

Globe Life Inc. is an insurance holding company. The Company's primary subsidiaries are Globe Life And Accident Insurance Company, American Income Life Insurance Company, Liberty National Life Insurance Company, Family Heritage Life Insurance Company of America, and United American Insurance Company. The Company offers Medicare Supplement and limited-benefit supplemental health insurance products that include accident, cancer, critical illness, heart, and intensive care products. These products are designed to supplement health coverage that applicants already own. Medicare Supplements are offered to enrollees in the traditional fee-for-service Medicare program. Medicare Supplement plans are standardized by federal regulation and are designed to pay deductibles and co-payments not paid by Medicare. It has four segments: life insurance, supplemental health insurance, annuities and investments. Life insurance segment’s products include traditional whole life and term life insurance.

Ticker

GL

Sector

Financials

Trading on

NYSE

Industry

Insurance (Life)

CEO

Employees

3,636

Headquarters

Mckinney, United States

Globe Life Metrics

BasicAdvanced
$7.7B
Market cap
8.02
P/E ratio
$10.47
EPS
0.81
Beta
$0.90
Dividend rate
1.14%
Dividend yield
$7.7B
0.81101
$132.00
$38.95
3.2M
$0.90
32.346
46.903
8.61%
16.3%
3.61%
22.54%
8.019
1.398
1.567
1.7
6.348
0.73%
1.07%
1.14%
5.66%
17.03%
4.76%
13.86%
6.29%

What the Analysts think about Globe Life

Analyst Ratings

Majority rating from 10 analysts.
Buy

Price Targets

Average projection from 8 analysts.
21.1% upside
High $160.00
Low $62.00
$82.37
Current price
$99.75
Average price target

Globe Life Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
17.95% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$1.4B
0.04%
Net income
$254M
-7.5%
Profit margin
17.95%
-7.52%

Globe Life Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 0.3%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$2.61
$2.71
$2.80
$2.78
-
Expected
$2.57
$2.65
$2.73
$2.79
$2.89
Surprise
1.39%
2.23%
2.53%
-0.3%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Globe Life stock?

Globe Life (GL) has a market cap of $7.7B as of May 30, 2024.

What is the P/E ratio for Globe Life stock?

The price to earnings (P/E) ratio for Globe Life (GL) stock is 8.02 as of May 30, 2024.

Does Globe Life stock pay dividends?

Yes, the Globe Life (GL) stock pays dividends to shareholders. As of May 30, 2024, the dividend rate is $0.9 and the yield is 1.14%. Globe Life has a payout ratio of 8.61% on a trailing twelve-month basis.

When is the next Globe Life dividend payment date?

The next Globe Life (GL) dividend payment is scheduled for August 01, 2024.

What is the beta indicator for Globe Life?

Globe Life (GL) has a beta rating of 0.81. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Globe Life stock price target?

The target price for Globe Life (GL) stock is $99.75, which is 21.1% above the current price of $82.37. This is an average based on projections from 8 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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