NYSE:GL Globe Life - GL Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $119.65 -1.67 (-1.38%) (As of 01/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$119.64▼$121.2250-Day Range$115.09▼$123.3752-Week Range$87.87▼$123.85Volume276,533 shsAverage Volume466,655 shsMarket Capitalization$11.64 billionP/E Ratio16.88Dividend Yield0.68%Price Target$127.14 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Globe Life MarketRank™ ForecastAnalyst RatingModerate Buy2.71 Rating ScoreUpside/Downside6.3% Upside$127.14 Price TargetShort InterestHealthy1.02% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.10Upright™ Environmental ScoreNews Sentiment0.47Based on 11 Articles This WeekInsider TradingSelling Shares$12.56 M Sold Last QuarterProj. Earnings Growth20.77%From $8.09 to $9.77 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.2.68 out of 5 starsFinance Sector182nd out of 900 stocksLife Insurance Industry6th out of 19 stocks 1.4 Analyst's Opinion Consensus RatingGlobe Life has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 4 buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $127.14, Globe Life has a forecasted upside of 6.3% from its current price of $119.65.Amount of Analyst CoverageGlobe Life has only been the subject of 4 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.02% 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 1.6, 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 2.77%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend YieldGlobe Life has a dividend yield of 0.68%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthGlobe Life has been increasing its dividend for 17 years.Dividend CoverageThe dividend payout ratio of Globe Life is 11.71%. 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 8.50% next year. This indicates that Globe Life will be able to sustain or increase its dividend. Previous Next 3.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreGlobe Life has received a 43.58% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is driven by its "Life insurance services for individuals" and "Accident insurance services for individuals" products. See details.Environmental SustainabilityThe Environmental Impact score for Globe Life is -0.10. Previous Next 3.0 News and Social Media Coverage News SentimentGlobe Life has a news sentiment score of 0.47. 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 is a lower news sentiment than the 0.65 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Globe Life this week, compared to 4 articles on an average week.Search Interest2 people have searched for GL on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows6 people have added Globe Life to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 $12,563,268.00 in company stock.Percentage Held by InsidersOnly 4.62% of the stock of Globe Life is held by insiders.Percentage Held by Institutions81.04% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Globe Life are expected to grow by 20.77% in the coming year, from $8.09 to $9.77 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Globe Life is 16.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.15.Price to Earnings Ratio vs. SectorThe P/E ratio of Globe Life is 16.88, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 182.99.Price to Book Value per Share RatioGlobe Life has a P/B Ratio of 1.40. 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 (NYSE:GL) StockGlobe 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.Read More 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 GL Stock News HeadlinesJanuary 27, 2023 | finance.yahoo.comAnalysts Estimate WisdomTree, Inc. (WT) to Report a Decline in Earnings: What to Look Out forJanuary 25, 2023 | marketwatch.comGlobe Life Inc. stock outperforms competitors on strong trading dayJanuary 28, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou 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.January 25, 2023 | seekingalpha.comGlobe Life: High Excess Claims Lie AheadJanuary 24, 2023 | marketwatch.comGlobe Life Inc. stock rises Tuesday, outperforms marketJanuary 24, 2023 | finance.yahoo.comGLOBE LIFE INC. ANNOUNCES FOURTH QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALLJanuary 22, 2023 | americanbankingnews.comGlobe Life Inc. (NYSE:GL) Forecasted to Post FY2024 Earnings of $10.15 Per ShareJanuary 21, 2023 | americanbankingnews.comResearch Analysts Issue Forecasts for Globe Life Inc.'s Q1 2024 Earnings (NYSE:GL)January 28, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 6, 2023 | markets.businessinsider.comAnalyst Expectations for Globe Life's FutureJanuary 6, 2023 | msn.comRangers hosting job fair at Globe Life Field to prepare for 2023 seasonJanuary 5, 2023 | seekingalpha.comGlobe Life Remains Reasonably Valued, Even At Its All-Time HighJanuary 3, 2023 | finance.yahoo.comGlobe Life Inc. (NYSE:GL) is favoured by institutional owners who hold 76% of the companyJanuary 2, 2023 | msn.comGlobe Life: Dividend InsightsDecember 31, 2022 | msn.comTom Crewe’s memorable debut, ‘The New Life,’ chronicles the fortunes of a gay man and a social reformer in Victorian EnglandDecember 15, 2022 | marketwatch.comGlobe Life Inc. stock falls Thursday, still outperforms marketDecember 14, 2022 | marketwatch.comGlobe Life Inc. stock rises Wednesday, outperforms marketDecember 14, 2022 | finance.yahoo.comZacks Industry Outlook Highlights Globe Life and StoneXDecember 13, 2022 | finance.yahoo.com2 Winning Finance Stocks That Still Have Room to RunNovember 28, 2022 | finance.yahoo.comMulti-Platinum Recording Artist Cody Johnson to Perform Live at The American Rodeo’s 10th Anniversary on Saturday, March 11 at Globe Life FieldNovember 28, 2022 | finance.yahoo.comGlobe Life's (NYSE:GL) five-year earnings growth trails the 6.7% YoY shareholder returnsNovember 18, 2022 | msn.comTexas Rangers to host 2024 All-Star Game, expanded festivities at Globe Life FieldNovember 18, 2022 | msn.comRangers to host 2024 All-Star Game at Globe Life FieldNovember 18, 2022 | forbes.comTexas Rangers Win Bid For 2024 MLB All-Star Game At Globe Life FieldNovember 17, 2022 | msn.comGlobe Life Field, Texas Rangers to host Major League All-Star Game in 2024November 17, 2022 | msn.comTexas Rangers to host 2024 All-Star Game at Globe Life FieldNovember 17, 2022 | msn.comMLB announces Rangers will host 2024 All-Star Game at new Globe Life FieldSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 GL Company Calendar Last Earnings10/19/2021Ex-Dividend for 11/1 Dividend10/06/2022Dividend Payable11/01/2022Ex-Dividend for 2/1 Dividend1/05/2023Today1/28/2023Dividend Payable2/01/2023Next Earnings (Confirmed)2/01/2023Fiscal Year End12/31/2023Get 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) 569-4000Fax972-569-3282Employees3,222Year FoundedN/APrice 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 RatingModerate Buy Rating Score (0-4)2.71 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$7.09 Trailing P/E Ratio16.88 Forward P/E Ratio14.79 P/E GrowthN/ANet Income$744.96 million Net Margins13.61% Pretax Margin16.69% Return on Equity12.02% Return on Assets2.79% Debt Debt-to-Equity Ratio0.37 Current Ratio0.05 Quick Ratio0.05 Sales & Book Value Annual Sales$5.11 billion Price / Sales2.28 Cash Flow$12.81 per share Price / Cash Flow9.34 Book Value$85.59 per share Price / Book1.40Miscellaneous Outstanding Shares97,270,000Free Float92,776,000Market Cap$11.64 billion OptionableOptionable Beta0.82 Key ExecutivesFrank M. SvobodaCo-Chief Executive OfficerJames Matthew DardenCo-Chief Executive OfficerThomas Peter KalmbachChief Financial Officer & Executive Vice PresidentBo McPartlandChief Information Officer & Executive VPJoel P. ScarboroughSenior Vice President-Legal & ComplianceKey CompetitorsReinsurance Group of AmericaNYSE:RGACorebridge FinancialNYSE:CRBGAegonNYSE:AEGVoya FinancialNYSE:VOYAPrimericaNYSE:PRIView All CompetitorsInsiders & InstitutionsNatixis Advisors L.P.Sold 2,594 shares on 1/27/2023Ownership: 0.137%New York State Teachers Retirement SystemBought 6,839 shares on 1/27/2023Ownership: 0.116%Ballentine Partners LLCBought 564 shares on 1/27/2023Ownership: 0.021%Eads & Heald Wealth ManagementBought 112 shares on 1/27/2023Ownership: 0.010%Sumitomo Mitsui DS Asset Management Company LtdBought 100 shares on 1/26/2023Ownership: 0.008%View All Insider TransactionsView All Institutional Transactions 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 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.