Globe Life (GL) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• Globe Life is expected to report Q3 2026 results after the market closes on October 21. Analysts forecast earnings of $4.91 per share and revenue of $1.56 billion, compared with $3.61 EPS and $1.60 billion in revenue in the prior quarter.
• The company declared a quarterly dividend of $0.33 per share, equal to a $1.32 annualized payout and a 0.8% yield. Its board also authorized a $2.5 billion share buyback, allowing repurchases of up to 17.7% of outstanding shares.
• Wall Street maintains a “Moderate Buy” consensus with an average price target of $190.22, versus the reported share price of $166.05. However, insiders have sold roughly $25.8 million of stock over the past 90 days.

Globe Life (NYSE:GL - Get Free Report) is expected to be issuing its Q3 2026 results after the market closes on Wednesday, October 21st. Analysts expect the company to announce earnings of $4.91 per share and revenue of $1.56 billion for the quarter. Globe Life has set its FY 2026 guidance at 15.550-15.950 EPS. Individuals may review the information on the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, October 22, 2026 at 11:00 AM ET.

Globe Life (NYSE:GL - Get Free Report) last announced its earnings results on Wednesday, July 22nd. The company reported $3.61 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.67 by ($0.06). The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.59 billion. Globe Life had a return on equity of 20.52% and a net margin of 19.58%. The firm's revenue for the quarter was up 8.0% compared to the same quarter last year. During the same period in the previous year, the company earned $3.05 EPS. On average, analysts expect Globe Life to post $15.70 EPS for the current fiscal year and $16.49 EPS for the next fiscal year.

Globe Life Stock Performance

Shares of GL opened at $166.05 on Wednesday. The company has a market capitalization of $12.76 billion, a PE ratio of 11.03 and a beta of 0.44. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.07 and a quick ratio of 0.07. Globe Life has a one year low of $127.85 and a one year high of $191.55. The company's fifty day moving average price is $172.44 and its 200 day moving average price is $165.82.

Globe Life Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Monday, October 5th will be given a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, October 5th. Globe Life's dividend payout ratio (DPR) is currently 8.76%.

Globe Life announced that its Board of Directors has initiated a stock buyback plan on Monday, August 10th that allows the company to buy back $2.50 billion in shares. This repurchase authorization allows the company to buy up to 17.7% of its shares through open market purchases. Share repurchase plans are generally an indication that the company's leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth

GL has been the topic of a number of recent analyst reports. Wells Fargo & Company lifted their price objective on Globe Life from $190.00 to $191.00 and gave the stock an "overweight" rating in a research note on Monday. Jefferies Financial Group increased their target price on Globe Life from $147.00 to $166.00 and gave the company a "hold" rating in a research note on Friday, July 10th. TD Cowen raised their target price on Globe Life from $215.00 to $225.00 and gave the company a "buy" rating in a report on Wednesday, July 22nd. Keefe, Bruyette & Woods dropped their price target on Globe Life from $192.00 to $190.00 and set an "outperform" rating on the stock in a research report on Friday, July 24th. Finally, Piper Sandler upped their price target on Globe Life from $175.00 to $200.00 and gave the stock an "overweight" rating in a report on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $190.22.

Insider Activity at Globe Life

In other news, CEO James Darden sold 50,000 shares of Globe Life stock in a transaction on Friday, July 31st. The stock was sold at an average price of $182.43, for a total value of $9,121,500.00. Following the completion of the sale, the chief executive officer directly owned 58,451 shares of the company's stock, valued at approximately $10,663,215.93. This trade represents a 46.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Robert Hensley sold 10,000 shares of the business's stock in a transaction dated Tuesday, September 22nd. The stock was sold at an average price of $170.07, for a total value of $1,700,700.00. Following the sale, the executive vice president directly owned 12,384 shares of the company's stock, valued at $2,106,146.88. This represents a 44.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 143,650 shares of company stock worth $25,793,717. 2.11% of the stock is owned by insiders.

About Globe Life

Globe Life Inc NYSE: GL is an insurance holding company that provides life and supplemental health insurance products to individuals and families in the United States. Its offerings include term and whole life insurance, mortgage protection coverage, accident and supplemental health policies, and Medicare supplement insurance.

The company distributes its products through a network of insurance agencies, independent agents, and direct-to-consumer channels. Its principal insurance businesses include Globe Life and Accident Insurance Company, American Income Life Insurance Company, Liberty National Life Insurance Company, and Family Heritage Life Insurance Company.

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