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MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
The Next Big Crisis Is Here (Ad)
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Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
The Next Big Crisis Is Here (Ad)
Japan firm opens whale meat vending machines to push sales
Online system to seek asylum in US is quickly overwhelmed
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
The Next Big Crisis Is Here (Ad)
Italy's premier visits Libya for talks on energy, migration
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
The Next Big Crisis Is Here (Ad)
Japan firm opens whale meat vending machines to push sales
Online system to seek asylum in US is quickly overwhelmed
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
The Next Big Crisis Is Here (Ad)
Italy's premier visits Libya for talks on energy, migration
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
The Next Big Crisis Is Here (Ad)
Japan firm opens whale meat vending machines to push sales
Online system to seek asylum in US is quickly overwhelmed
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
The Next Big Crisis Is Here (Ad)
Italy's premier visits Libya for talks on energy, migration
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
The Next Big Crisis Is Here (Ad)
Japan firm opens whale meat vending machines to push sales
Online system to seek asylum in US is quickly overwhelmed
NYSE:GL

Globe Life - GL Stock Forecast, Price & News

$119.65
-1.67 (-1.38%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$119.64
$121.22
50-Day Range
$115.09
$123.37
52-Week Range
$87.87
$123.85
Volume
276,533 shs
Average Volume
466,655 shs
Market Capitalization
$11.64 billion
P/E Ratio
16.88
Dividend Yield
0.68%
Price Target
$127.14

Globe Life MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
6.3% Upside
$127.14 Price Target
Short Interest
Healthy
1.02% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.10
Upright™ Environmental Score
News Sentiment
0.47mentions of Globe Life in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$12.56 M Sold Last Quarter
Proj. Earnings Growth
20.77%
From $8.09 to $9.77 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.68 out of 5 stars

Finance Sector

182nd out of 900 stocks

Life Insurance Industry

6th out of 19 stocks


GL stock logo

About Globe Life (NYSE:GL) Stock

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, critical illness, accident, and limited-benefit supplement 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 Stock News Headlines

The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
Globe Life: High Excess Claims Lie Ahead
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Analyst Expectations for Globe Life's Future
Globe Life: Dividend Insights
Zacks Industry Outlook Highlights Globe Life and StoneX
2 Winning Finance Stocks That Still Have Room to Run
See More Headlines
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GL Company Calendar

Last Earnings
10/19/2021
Ex-Dividend for 11/1 Dividend
10/06/2022
Dividend Payable
11/01/2022
Ex-Dividend for 2/1 Dividend
1/05/2023
Today
1/28/2023
Dividend Payable
2/01/2023
Next Earnings (Confirmed)
2/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Life insurance
Sub-Industry
N/A
Sector
Finance
Employees
3,222
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$127.14
High Stock Price Forecast
$140.00
Low Stock Price Forecast
$112.00
Forecasted Upside/Downside
+6.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
$744.96 million
Pretax Margin
16.69%

Debt

Sales & Book Value

Annual Sales
$5.11 billion
Cash Flow
$12.81 per share
Book Value
$85.59 per share

Miscellaneous

Free Float
92,776,000
Market Cap
$11.64 billion
Optionable
Optionable
Beta
0.82

Key Executives

  • Frank M. Svoboda
    Co-Chief Executive Officer
  • James Matthew Darden
    Co-Chief Executive Officer
  • Thomas Peter Kalmbach
    Chief Financial Officer & Executive Vice President
  • Bo McPartland
    Chief Information Officer & Executive VP
  • Joel P. Scarborough
    Senior Vice President-Legal & Compliance













GL Stock - Frequently Asked Questions

Should I buy or sell Globe Life stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Globe Life in the last year. There are currently 1 sell rating, 1 hold rating, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GL shares.
View GL analyst ratings
or view top-rated stocks.

What is Globe Life's stock price forecast for 2023?

7 brokers have issued twelve-month price targets for Globe Life's shares. Their GL share price forecasts range from $112.00 to $140.00. On average, they anticipate the company's share price to reach $127.14 in the next twelve months. This suggests a possible upside of 6.3% 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 2023?

Globe Life's stock was trading at $120.55 at the beginning of the year. Since then, GL stock has decreased by 0.7% and is now trading at $119.65.
View the best growth stocks for 2023 here
.

Are investors shorting Globe Life?

Globe Life saw a decrease in short interest in December. As of December 30th, there was short interest totaling 1,000,000 shares, a decrease of 15.3% from the December 15th total of 1,180,000 shares. Based on an average daily trading volume, of 610,900 shares, the days-to-cover ratio is presently 1.6 days. Approximately 1.1% of the shares of the company 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, February 1st 2023.
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 Thursday, February 2nd at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Globe Life's earnings last quarter?

Globe Life Inc. (NYSE:GL) released its quarterly earnings data on Tuesday, October, 19th. The company reported $1.78 EPS for the quarter, missing the consensus estimate of $1.89 by $0.11. The company had revenue of $1.23 billion for the quarter, compared to analysts' expectations of $1.26 billion. Globe Life had a net margin of 13.61% and a trailing twelve-month return on equity of 12.02%. Globe Life's revenue was up 2.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.75 earnings per share.
Read the conference call transcript
.

How often does Globe Life pay dividends? What is the dividend yield for Globe Life?

Globe Life declared a quarterly dividend on Tuesday, December 13th. Stockholders of record on Friday, January 6th will be given a dividend of $0.2075 per share on Wednesday, February 1st. This represents a $0.83 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date of this dividend is Thursday, January 5th.
Read our dividend analysis for GL
.

Is Globe Life a good dividend stock?

Globe Life (NYSE:GL) pays an annual dividend of $0.83 per share and currently has a dividend yield of 0.68%. The company has been increasing its dividend for 17 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 11.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GL will have a dividend payout ratio of 8.50% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GL.

What guidance has Globe Life issued on next quarter's earnings?

Globe Life updated its FY 2023 earnings guidance on Wednesday, November, 2nd. The company provided EPS guidance of $9.00-$9.70 for the period, compared to the consensus EPS estimate of $9.40. 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 Raytheon Technologies (RTX).

What is Globe Life's stock symbol?

Globe Life trades on the New York Stock Exchange (NYSE) under the ticker symbol "GL."

Who are Globe Life's major shareholders?

Globe Life's stock is owned by a variety of retail and institutional investors. Top institutional investors include Copeland Capital Management LLC (0.20%), Willis Investment Counsel (0.17%), Natixis Advisors L.P. (0.14%), Leavell Investment Management Inc. (0.13%), New York State Teachers Retirement System (0.12%) and Leith Wheeler Investment Counsel Ltd. (0.11%). Insiders that own company stock include Carol A Mccoy, Charles E Adair, Christopher Todd Moore, David Kendall Carlson, Frank M Svoboda, Frank M Svoboda, Gary L Coleman, James Eric Mcpartland, Jason A Harvey, Jennifer Allison Haworth, John Henry Rogers Jr, 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, Terren S Peizer and W Michael Pressley.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Globe Life's stock price today?

One share of GL stock can currently be purchased for approximately $119.65.

How much money does Globe Life make?

Globe Life (NYSE:GL) has a market capitalization of $11.64 billion and generates $5.11 billion in revenue each year. The company earns $744.96 million in net income (profit) each year or $7.09 on an earnings per share basis.

How many employees does Globe Life have?

The company employs 3,222 workers across the globe.

How can I contact Globe Life?

Globe Life's mailing address is 3700 South Stonebridge Drive, McKinney TX, 75070. The official website for the company is www.globelifeinsurance.com. The company can be reached via phone at (972) 569-4000, via email at tmkir@torchmarkcorp.com, or via fax at 972-569-3282.

This page (NYSE:GL) was last updated on 1/28/2023 by MarketBeat.com Staff