Globe Life Stock Price, News & Analysis (NYSE:GL) $123.13 +2.87 (+2.39%) (As of 11/30/2023 ET) Add Compare Share Share Today's Range$120.33▼$123.3650-Day Range$108.35▼$123.1352-Week Range$102.23▼$123.85Volume1.64 million shsAverage Volume522,840 shsMarket Capitalization$11.59 billionP/E Ratio13.18Dividend Yield0.73%Price Target$134.38 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Globe Life MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside9.1% Upside$134.38 Price TargetShort InterestHealthy1.18% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.24Upright™ Environmental ScoreNews Sentiment0.71Based on 7 Articles This WeekInsider TradingSelling Shares$7.59 M Sold Last QuarterProj. Earnings Growth7.92%From $10.60 to $11.44 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.86 out of 5 starsFinance Sector76th out of 856 stocksLife Insurance Industry4th out of 20 stocks 2.4 Analyst's Opinion Consensus RatingGlobe Life has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $134.38, Globe Life has a forecasted upside of 9.1% from its current price of $123.13.Amount of Analyst CoverageGlobe Life has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.18% 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 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Globe Life has recently decreased by 14.84%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend YieldGlobe Life has a dividend yield of 0.75%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthGlobe Life has been increasing its dividend for 18 years.Dividend CoverageThe dividend payout ratio of Globe Life is 9.64%. 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 7.87% 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 27.99% 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 -0.24. Previous Next 2.6 News and Social Media Coverage News SentimentGlobe Life has a news sentiment score of 0.71. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Globe Life this week, compared to 8 articles on an average week.Search Interest7 people have searched for GL on MarketBeat in the last 30 days. This is an increase of 250% compared to the previous 30 days.MarketBeat Follows8 people have added Globe Life to their MarketBeat watchlist in the last 30 days. This is an increase of 167% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Globe Life insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,590,212.00 in company stock.Percentage Held by InsidersOnly 4.33% of the stock of Globe Life is held by insiders.Percentage Held by Institutions80.04% 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 7.92% in the coming year, from $10.60 to $11.44 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Globe Life is 13.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.98.Price to Earnings Ratio vs. SectorThe P/E ratio of Globe Life is 13.18, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.83.Price to Book Value per Share RatioGlobe Life has a P/B Ratio of 2.51. 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 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 to middle income households in the United States. The company operates through 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 critical illness and accident plans; and single-premium and flexible-premium deferred annuities. The company was formerly known as Torchmark Corporation and changed its name to Globe Life Inc. in August 2019. Globe Life Inc. was incorporated in 1979 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 HeadlinesNovember 16, 2023 | marketbeat.comBuffett's latest portfolio additions, trims and cuts in Q3 (GL)Buffett's Berkshire latest Q3 moves: Acquires Sirius XM, Atlanta Braves; trims HP, Chevron, Amazon; holds onto Apple, Bank of America.November 30, 2023 | americanbankingnews.comGlobe Life Inc. (NYSE:GL) Receives $134.38 Average Target Price from AnalystsDecember 1, 2023 | Tomorrow Investor (Ad)The Only Practical Solution to the World’s Looming Energy CrisisThere’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!November 29, 2023 | msn.comWant 2024 Texas Rangers Tickets? Donate Gift At Globe Life Field Toy DriveNovember 29, 2023 | finance.yahoo.comSynchrony (SYF) Frees Up Capital With the Sale of Pets BestNovember 28, 2023 | finance.yahoo.comReasons Why Globe Life (GL) Stock is an Attractive Pick NowNovember 24, 2023 | finance.yahoo.comWhy Is Globe Life (GL) Up 6.1% Since Last Earnings Report?November 24, 2023 | americanbankingnews.comMichael Clay Majors Sells 15,000 Shares of Globe Life Inc. (NYSE:GL) StockDecember 1, 2023 | Tomorrow Investor (Ad)Why Microsoft Just Placed A Huge Bet On NuclearEven with aggressive expansion and acquisition of solar and wind farms, renewable energy isn’t anywhere close to providing the energy that Microsoft demands.November 23, 2023 | usatoday.comHear the call: Adolis García's extra-inning walk-off home run ignites Texas crowdNovember 22, 2023 | seekingalpha.comDo Not Take Your Profits On Globe Life, Even At Its All-Time HighsNovember 21, 2023 | americanbankingnews.comGlobe Life Inc. (NYSE:GL) CEO Frank M. Svoboda Sells 9,500 Shares of StockNovember 19, 2023 | finance.yahoo.comGlobe Life Inc. (NYSE:GL) is largely controlled by institutional shareholders who own 81% of the companyNovember 17, 2023 | msn.comGlobe Life Field to host All-Star Game in 2024November 16, 2023 | morningstar.comGlobe Life Inc GLNovember 15, 2023 | markets.businessinsider.comWhat 6 Analyst Ratings Have To Say About Globe LifeNovember 14, 2023 | time.comThe Half Known LifeNovember 11, 2023 | dallasnews.comTexas Rangers to offer ‘championship tours’ of Globe Life Field in ArlingtonNovember 11, 2023 | msn.comFor A Price, Texas Rangers Offer Fans World Series Trophy Photo Op On Globe Life Field TourNovember 8, 2023 | finance.yahoo.comShould Value Investors Consider Globe Life (GL) Stock?November 7, 2023 | finance.yahoo.comThe Globe Life Inc (GL) Company: A Short SWOT AnalysisNovember 5, 2023 | dallasnews.comGolden streets: See photo, video highlights from Texas Rangers championship paradeNovember 4, 2023 | msn.comThrough their lens: Texas Rangers fans reminisce on their first and favorite ballpark memoriesNovember 4, 2023 | msn.comRangers' Corey Seager trolls Alex Bregman, Astros at World Series championship paradeNovember 4, 2023 | usatoday.comWorld Series MVP Corey Seager takes shot at Astros during Rangers' championship paradeNovember 3, 2023 | msn.comWorld Series Game 5: Texas Rangers top Diamondbacks 5-0 to win World Series; highlights, news and live trackerNovember 3, 2023 | msn.comTexas Rangers victory parade will be midday Friday in Arlington Entertainment DistrictSee 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 11/1 Dividend10/05/2023Last Earnings10/25/2023Dividend Payable11/01/2023Today11/30/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/07/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Life insurance Sub-IndustryN/A SectorFinance Current SymbolNYSE:GL CUSIPN/A CIK320335 Webwww.globelifeinsurance.com Phone(972) 569-4000Fax972-569-3282Employees3,543Year FoundedN/APrice Target and Rating Average Stock Price Target$134.38 High Stock Price Target$160.00 Low Stock Price Target$118.00 Potential Upside/Downside+9.1%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$9.34 Trailing P/E Ratio13.18 Forward P/E Ratio11.62 P/E GrowthN/ANet Income$739.70 million Net Margins16.95% Pretax Margin17.90% Return on Equity22.60% Return on Assets3.72% Debt Debt-to-Equity Ratio0.39 Current Ratio0.06 Quick Ratio0.06 Sales & Book Value Annual Sales$5.21 billion Price / Sales2.22 Cash Flow$15.05 per share Price / Cash Flow8.18 Book Value$49.13 per share Price / Book2.51Miscellaneous Outstanding Shares94,100,000Free Float90,026,000Market Cap$11.59 billion OptionableOptionable Beta0.78 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Frank Martin Svoboda (Age 61)Co-Chairman & Co-CEO Comp: $1.22MMr. James Matthew Darden (Age 52)Co-Chairman & Co-CEO Comp: $1.21MMr. Michael Clay Majors (Age 60)Executive VP of Policy Acquisition & Chief Strategy Officer Comp: $714.09kMr. Steven Kelly Greer (Age 50)Chief Executive Officer of American Income Life Division Comp: $800.67kMr. Thomas Peter Kalmbach (Age 58)Executive VP & CFO Robert E. Hensley (Age 55)Executive VP & Chief Investment Officer Mr. M. Shane Henrie (Age 49)Corporate Senior VP & Chief Accounting Officer Christopher K. Tyler (Age 49)Executive VP & Chief Information Officer Ms. Dolores L. Skarjune (Age 57)Executive VP & Chief Administrative Officer Mr. Robert Brian Mitchell (Age 59)Executive VP, General Counsel & Chief Risk Officer More ExecutivesKey CompetitorsReinsurance Group of AmericaNYSE:RGACorebridge FinancialNYSE:CRBGAegonNYSE:AEGPrimericaNYSE:PRIVoya FinancialNYSE:VOYAView All CompetitorsInsiders & InstitutionsAmerican Century Companies Inc.Bought 4,157 shares on 11/30/2023Ownership: 0.050%Banque Pictet & Cie SASold 8,738 shares on 11/27/2023Ownership: 0.003%Deutsche Bank AGBought 29,002 shares on 11/24/2023Ownership: 0.243%EP Wealth Advisors LLCSold 16,715 shares on 11/24/2023Ownership: 0.002%Public Sector Pension Investment BoardBought 804 shares on 11/22/2023Ownership: 0.022%View All Insider TransactionsView All Institutional Transactions GL Stock Analysis - Frequently Asked Questions Should I buy or sell Globe Life stock right now? 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Globe Life in the last year. There are currently 3 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research 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? 8 Wall Street analysts have issued twelve-month target prices for Globe Life's stock. Their GL share price targets range from $118.00 to $160.00. On average, they anticipate the company's share price to reach $134.38 in the next year. This suggests a possible upside of 9.1% 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 start of the year. Since then, GL shares have increased by 2.1% and is now trading at $123.13. View the best growth stocks for 2023 here. Are investors shorting Globe Life? Globe Life saw a drop in short interest in November. As of November 15th, there was short interest totaling 1,090,000 shares, a drop of 14.8% from the October 31st total of 1,280,000 shares. Based on an average daily trading volume, of 526,600 shares, the days-to-cover ratio is presently 2.1 days. Currently, 1.2% of the company's shares 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 7th 2024. View our GL earnings forecast. How were Globe Life's earnings last quarter? Globe Life Inc. (NYSE:GL) announced its quarterly earnings results on Wednesday, October, 25th. The company reported $2.71 EPS for the quarter, topping analysts' consensus estimates of $2.65 by $0.06. The company had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.39 billion. Globe Life had a trailing twelve-month return on equity of 22.60% and a net margin of 16.95%. Globe Life's revenue for the quarter was up 6.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.15 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 announced a quarterly dividend on Tuesday, November 14th. Shareholders of record on Friday, January 5th will be given a dividend of $0.225 per share on Thursday, February 1st. This represents a $0.90 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date of this dividend is Thursday, January 4th. Read our dividend analysis for GL. Is Globe Life a good dividend stock? Globe Life (NYSE:GL) pays an annual dividend of $0.90 per share and currently has a dividend yield of 0.75%. The company has been increasing its dividend for 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 9.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GL will have a dividend payout ratio of 7.87% 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 SPDR S&P Insurance ETF (KIE), 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), WisdomTree U.S. Multifactor Fund (USMF), IQ Candriam ESG U.S. Mid Cap Equity ETF (IQSM) and Timothy Plan US Large Cap Core ETF (TPLC). What guidance has Globe Life issued on next quarter's earnings? Globe Life updated its FY24 earnings guidance on Wednesday, October, 25th. The company provided EPS guidance of $11.00-11.60 for the period, compared to the consensus earnings per share estimate of $11.36. 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 JPMorgan Chase & Co. (4.51%), Boston Partners (2.52%), FMR LLC (2.53%), Invesco Ltd. (2.02%), Morgan Stanley (1.21%) and Northern Trust Corp (1.01%). Insiders that own company stock include Carol A Mccoy, Charles E Adair, Cheryl Alston, Christopher Todd Moore, David Kendall Carlson, Frank M Svoboda, Frank M Svoboda, Gary L Coleman, James Eric Mcpartland, James Matthew Darden, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:GL) was last updated on 12/1/2023 by MarketBeat.com Staff 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.