S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
NYSE:GL

Globe Life Stock Forecast, Price & News

$100.99
-2.32 (-2.25%)
(As of 01/21/2022 12:00 AM ET)
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Today's Range
$100.77
$103.22
50-Day Range
$85.26
$105.97
52-Week Range
$85.25
$108.22
Volume
503,953 shs
Average Volume
521,244 shs
Market Capitalization
$10.20 billion
P/E Ratio
13.67
Dividend Yield
0.76%
Beta
1.12
30 days | 90 days | 365 days | Advanced Chart
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Globe Life logo

About Globe Life

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 supplement, critical illness, accident, and limited-benefit supplemental 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.

Headlines

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Industry, Sector and Symbol

Industry
Life insurance
Sub-Industry
N/A
Sector
Finance
Employees
3,261
Year Founded
N/A

Sales & Book Value

Annual Sales
$4.74 billion
Cash Flow
$12.05 per share
Book Value
$83.80 per share

Profitability

Net Income
$731.77 million
Pretax Margin
18.73%

Debt

Price-To-Earnings

Miscellaneous

Free Float
96,637,000
Market Cap
$10.20 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/19/2021
Ex-Dividend for 2/1 Dividend
1/06/2022
Dividend Payable
1/07/2022
Today
1/22/2022
Dividend Payable
2/01/2022
Next Earnings (Confirmed)
2/02/2022
Fiscal Year End
12/31/2022
Ex-Dividend for 1/7 Dividend
1/01/2100

MarketRank

Overall MarketRank

1.90 out of 5 stars

Finance Sector

741st out of 1,355 stocks

Life Insurance Industry

13th out of 29 stocks

Analyst Opinion: 1.1Community Rank: 2.8Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 -












Globe Life (NYSE:GL) Frequently Asked Questions

Is Globe Life a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Globe Life in the last twelve months. There are currently 2 sell ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Globe Life stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GL, but not buy additional shares or sell existing shares.
View analyst ratings for Globe Life
or view top-rated stocks.

How has Globe Life's stock price been impacted by Coronavirus (COVID-19)?

Globe Life's stock was trading at $73.37 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, GL shares have increased by 37.6% and is now trading at $100.99.
View which stocks have been most impacted by COVID-19
.

When is Globe Life's next earnings date?

Globe Life is scheduled to release its next quarterly earnings announcement on Wednesday, February 2nd 2022.
View our earnings forecast for Globe Life
.

How were Globe Life's earnings last quarter?

Globe Life Inc. (NYSE:GL) released its earnings results on Tuesday, October, 19th. The company reported $1.78 EPS for the quarter, missing the consensus estimate of $1.89 by $0.11. The business had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.26 billion. Globe Life had a trailing twelve-month return on equity of 8.50% and a net margin of 15.29%. The company's revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.75 earnings per share.
View Globe Life's earnings history
.

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

Globe Life announced a quarterly dividend on Thursday, November 4th. Investors of record on Friday, January 7th will be paid a dividend of $0.198 per share on Tuesday, February 1st. This represents a $0.79 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date is Thursday, January 6th. This is a positive change from Globe Life's previous quarterly dividend of $0.20.
View Globe Life's dividend history
.

Is Globe Life a good dividend stock?

Globe Life pays an annual dividend of $0.79 per share and currently has a dividend yield of 0.76%. Globe Life 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 of Globe Life is 10.69%. This payout ratio is at a healthy, sustainable level, below 75%.
View Globe Life's dividend history.

What price target have analysts set for GL?

5 analysts have issued 1-year target prices for Globe Life's stock. Their forecasts range from $85.00 to $130.00. On average, they expect Globe Life's share price to reach $108.00 in the next year. This suggests a possible upside of 6.9% from the stock's current price.
View analysts' price targets for Globe Life
or view top-rated stocks among Wall Street analysts.

Who are Globe Life's key executives?

Globe Life's management team includes the following people:
  • Gary L. Coleman, Co-Chairman & Co-Chief Executive Officer
  • Larry M. Hutchison, Co-Chairman & Co-Chief Executive Officer (LinkedIn Profile)
  • Frank M. Svoboda, Chief Financial Officer & Executive Vice President
  • Bo McPartland, Chief Information Officer & Executive VP
  • Joel P. Scarborough, Senior Vice President-Legal & Compliance

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 many different institutional and retail investors. Top institutional shareholders include Leavell Investment Management Inc. (0.15%), Copeland Capital Management LLC (0.15%), Leith Wheeler Investment Counsel Ltd. (0.12%), AE Wealth Management LLC (0.09%), Russell Investments Group Ltd. (0.09%) and Sawyer & Company Inc (0.02%). Company insiders that own Globe Life stock include Carol A Mccoy, Charles E Adair, David Kendall Carlson, Frank M Svoboda, Gary L Coleman, James Eric Mcpartland, 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, Terren S Peizer and W Michael Pressley.
View institutional ownership trends for Globe Life
.

Which institutional investors are selling Globe Life stock?

GL stock was sold by a variety of institutional investors in the last quarter, including Crossmark Global Holdings Inc., Copeland Capital Management LLC, Welch & Forbes LLC, State of Alaska Department of Revenue, Leavell Investment Management Inc., New Mexico Educational Retirement Board, Parallel Advisors LLC, and IFM Investors Pty Ltd. Company insiders that have sold Globe Life company stock in the last year include Carol A Mccoy, Charles E Adair, David Kendall Carlson, Frank M Svoboda, Gary L Coleman, James Eric Mcpartland, Jennifer Allison Haworth, Kenneth J Matson, Larry M Hutchison, Melissa Jane Buchan, Michael Clay Majors, Michael Shane Henrie, Pierre Beaurang, Robert Brian Mitchell, Robert W Ingram, Steven John Dichiaro, and Terren S Peizer.
View insider buying and selling activity for Globe Life
or view top insider-selling stocks.

Which institutional investors are buying Globe Life stock?

GL stock was acquired by a variety of institutional investors in the last quarter, including First Hawaiian Bank, Sciencast Management LP, AE Wealth Management LLC, Leith Wheeler Investment Counsel Ltd., DNB Asset Management AS, Russell Investments Group Ltd., Huntington National Bank, and Edge Capital Group LLC.
View insider buying and selling activity for Globe Life
or or view top insider-buying stocks.

How do I buy shares of Globe Life?

Shares of GL 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 $100.99.

How much money does Globe Life make?

Globe Life has a market capitalization of $10.20 billion and generates $4.74 billion in revenue each year. The company earns $731.77 million in net income (profit) each year or $7.39 on an earnings per share basis.

How many employees does Globe Life have?

Globe Life employs 3,261 workers across the globe.

What is Globe Life's official website?

The official website for Globe Life is www.globelifeinsurance.com.

Where are Globe Life's headquarters?

Globe Life is headquartered at 3700 South Stonebridge Drive, McKinney TX, 75070.

How can I contact Globe Life?

Globe Life's mailing address is 3700 South Stonebridge Drive, McKinney TX, 75070. The company can be reached via phone at (972) 569-4000, via email at [email protected], or via fax at 972-569-3282.


This page was last updated on 1/22/2022 by MarketBeat.com Staff

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