NYSE:GL

Globe Life Stock Forecast, Price & News

$104.41
+2.31 (+2.26 %)
(As of 04/16/2021 12:00 AM ET)
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Today's Range
$103.41
Now: $104.41
$104.62
50-Day Range
$93.40
MA: $98.44
$102.10
52-Week Range
$62.75
Now: $104.41
$102.36
Volume492,867 shs
Average Volume437,678 shs
Market Capitalization$12.11 billion
P/E Ratio15.84
Dividend Yield0.78%
Beta1.13
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.
Globe Life logo

Industry, Sector and Symbol

Industry Life insurance
Sub-IndustryN/A
SectorFinance
CUSIPN/A
CIKN/A
Phone(972) 569-4000
Employees3,196
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.53 billion
Cash Flow$13.10 per share
Book Value$67.36 per share

Profitability

Net Income$760.79 million

Miscellaneous

Market Cap$12.11 billion
Next Earnings Date4/21/2021 (Confirmed)
OptionableOptionable

Headlines

Globe Life Inc. (NYSE:GL) Short Interest Update
April 17, 2021 |  americanbankingnews.com
Globe Life (NYSE:GL) Reaches New 52-Week High at $102.36
April 15, 2021 |  americanbankingnews.com
Globe Life Ramps Up Quarterly Dividend By 5.3%
March 29, 2021 |  finance.yahoo.com
Globe Life Inc. to Issue Dividend of $0.20 (NYSE:GL)
March 28, 2021 |  americanbankingnews.com
See More Headlines

MarketRank

Overall MarketRank

1.10 out of 5 stars

Finance Sector

966th out of 1,953 stocks

Life Insurance Industry

22nd out of 40 stocks

Analyst Opinion: 1.1Community Rank: 1.5Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
$104.41
+2.31 (+2.26 %)
(As of 04/16/2021 12:00 AM ET)
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Globe Life (NYSE:GL) Frequently Asked Questions

Is Globe Life a buy right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Globe Life in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research 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.

What stocks does MarketBeat like better than Globe Life?

Wall Street analysts have given Globe Life a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Globe Life wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Globe Life?

Globe Life saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 730,600 shares, a decline of 26.9% from the March 15th total of 1,000,000 shares. Based on an average trading volume of 441,800 shares, the short-interest ratio is currently 1.7 days.
View Globe Life's Short Interest
.

When is Globe Life's next earnings date?

Globe Life is scheduled to release its next quarterly earnings announcement on Wednesday, April 21st 2021.
View our earnings forecast for Globe Life
.

How can I listen to Globe Life's earnings call?

Globe Life will be holding an earnings conference call on Wednesday, April 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Globe Life's earnings last quarter?

Globe Life Inc. (NYSE:GL) announced its quarterly earnings data on Monday, February, 1st. The company reported $1.74 EPS for the quarter, beating the consensus estimate of $1.72 by $0.02. The firm earned $1.23 billion during the quarter, compared to analysts' expectations of $1.17 billion. Globe Life had a trailing twelve-month return on equity of 10.28% and a net margin of 15.38%. The company's revenue was up 8.1% on a year-over-year basis. During the same period last year, the business posted $1.70 EPS.
View Globe Life's earnings history
.

How has Globe Life's stock been impacted by Coronavirus?

Globe Life's stock was trading at $73.37 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GL stock has increased by 42.3% and is now trading at $104.41.
View which stocks have been most impacted by COVID-19
.

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

Globe Life announced a quarterly dividend on Friday, March 26th. Stockholders of record on Monday, April 5th will be given a dividend of $0.1975 per share on Friday, April 30th. This represents a $0.79 annualized dividend and a yield of 0.76%. The ex-dividend date of this dividend is Thursday, April 1st. This is a boost from Globe Life's previous quarterly dividend of $0.19.
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 0.78%.
View Globe Life's dividend history.

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

Globe Life updated its FY21 earnings guidance on Tuesday, February, 2nd. The company provided earnings per share (EPS) guidance of $7.16-7.56 for the period, compared to the Thomson Reuters consensus EPS estimate of $7.48.

What price target have analysts set for GL?

5 equities research analysts have issued twelve-month price targets for Globe Life's stock. Their forecasts range from $79.00 to $122.00. On average, they expect Globe Life's stock price to reach $99.80 in the next twelve months. This suggests that the stock has a possible downside of 4.4%.
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
  • Frank M. Svoboda, Chief Financial Officer & Executive Vice President
  • Bo McPartland, Chief Information Officer & Executive VP
  • Michael Pressley, Chief Investment Officer & Executive VP

Who are some of Globe Life's key competitors?

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), The 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 investors include Leavell Investment Management Inc. (0.13%), Leith Wheeler Investment Counsel Ltd. (0.09%), State of Alaska Department of Revenue (0.06%), Royal London Asset Management Ltd. (0.04%), Retirement Systems of Alabama (0.03%) and Pensionfund DSM Netherlands (0.03%). Company insiders that own Globe Life stock include Bill Leavell, Carol A Mccoy, Charles E Adair, Darren M Rebelez, David Kendall Carlson, David L Boren, Frank M Svoboda, Gary L Coleman, James Eric Mcpartland, James Matthew Darden, John Henry Rogers Jr, Kenneth J Matson, Larry M Hutchison, Michael Clay Majors, Michael Shane Henrie, Robert Brian Mitchell, Steven John Dichiaro, Vern D Herbel and W Michael Pressley.
View institutional ownership trends for Globe Life
.

Which major investors are selling Globe Life stock?

GL stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Retirement Systems of Alabama, Leavell Investment Management Inc., Pacer Advisors Inc., and Louisiana State Employees Retirement System. Company insiders that have sold Globe Life company stock in the last year include Carol A Mccoy, David Kendall Carlson, Frank M Svoboda, Gary L Coleman, James Eric Mcpartland, Kenneth J Matson, Larry M Hutchison, Michael Clay Majors, Michael Shane Henrie, Robert Brian Mitchell, Steven John Dichiaro, and W Michael Pressley.
View insider buying and selling activity for Globe Life
or view top insider-selling stocks.

Which major investors are buying Globe Life stock?

GL stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Pensionfund DSM Netherlands, Everence Capital Management Inc., Leith Wheeler Investment Counsel Ltd., Royal London Asset Management Ltd., DnB Asset Management AS, and Harbor Investment Advisory 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 $104.41.

How much money does Globe Life make?

Globe Life has a market capitalization of $12.11 billion and generates $4.53 billion in revenue each year.

How many employees does Globe Life have?

Globe Life employs 3,196 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 or via email at [email protected]


This page was last updated on 4/18/2021 by MarketBeat.com Staff
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