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Globe Life NYSE:GL Stock Report

Last Price

US$65.00

Market Cap

US$6.1b

7D

32.2%

1Y

-40.7%

Updated

18 Apr, 2024

Data

Company Financials +

GL Stock Overview

Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle- and middle-income families in the United States.

GL fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance5/6
Financial Health2/6
Dividends4/6

Globe Life Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Globe Life
Historical stock prices
Current Share PriceUS$65.00
52 Week HighUS$132.00
52 Week LowUS$38.95
Beta0.68
1 Month Change-44.89%
3 Month Change-46.64%
1 Year Change-40.75%
3 Year Change-36.34%
5 Year Change-24.90%
Change since IPO2,040.24%

Recent News & Updates

Globe Life: Betting On A Bounce To $80

Apr 15

Globe Life (NYSE:GL) Is Increasing Its Dividend To $0.24

Mar 22
Globe Life (NYSE:GL) Is Increasing Its Dividend To $0.24

Recent updates

Globe Life: Betting On A Bounce To $80

Apr 15

Globe Life (NYSE:GL) Is Increasing Its Dividend To $0.24

Mar 22
Globe Life (NYSE:GL) Is Increasing Its Dividend To $0.24

Here's Why We Think Globe Life (NYSE:GL) Is Well Worth Watching

Feb 09
Here's Why We Think Globe Life (NYSE:GL) Is Well Worth Watching

It's A Story Of Risk Vs Reward With Globe Life Inc. (NYSE:GL)

Dec 25
It's A Story Of Risk Vs Reward With Globe Life Inc. (NYSE:GL)

Do Not Take Your Profits On Globe Life, Even At Its All-Time Highs

Nov 23

Globe Life: Lacking An Appealing Entry Price

Sep 12

Globe Life Has Become Undervalued Again

Jun 15

Globe Life raises dividend by ~8% to $0.225/share

Feb 23

Globe Life Q4 2022 Earnings Preview

Jan 31

Globe Life: High Excess Claims Lie Ahead

Jan 25

Globe Life Remains Reasonably Valued, Even At Its All-Time High

Jan 05

Globe Life declares $0.2075 dividend

Dec 13

Globe Life co-CEOs Coleman, Hutchison to step down

Oct 26

Globe Life Has Reached My Target Price But Remains Reasonably Valued

Oct 20

Globe Life: A Stock To Hold For The Rest Of Your Life

Aug 10

Globe Life Q2 2022 Earnings Preview

Jul 26

Shareholder Returns

GLUS InsuranceUS Market
7D32.2%-0.07%-3.7%
1Y-40.7%22.1%20.2%

Return vs Industry: GL underperformed the US Insurance industry which returned 20.7% over the past year.

Return vs Market: GL underperformed the US Market which returned 20.5% over the past year.

Price Volatility

Is GL's price volatile compared to industry and market?
GL volatility
GL Average Weekly Movement16.6%
Insurance Industry Average Movement4.1%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: GL's share price has been volatile over the past 3 months.

Volatility Over Time: GL's weekly volatility has increased from 8% to 17% over the past year.

About the Company

FoundedEmployeesCEOWebsite
19003,636Frank Svobodawww.home.globelifeinsurance.com

Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle- and middle-income families in the United States. The company operates in 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 accident, cancer, critical illness, heart, and intensive care plans; and single-premium and flexible-premium deferred annuities.

Globe Life Inc. Fundamentals Summary

How do Globe Life's earnings and revenue compare to its market cap?
GL fundamental statistics
Market capUS$6.11b
Earnings (TTM)US$970.76m
Revenue (TTM)US$5.45b

6.3x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GL income statement (TTM)
RevenueUS$5.45b
Cost of RevenueUS$3.78b
Gross ProfitUS$1.66b
Other ExpensesUS$692.86m
EarningsUS$970.76m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 22, 2024

Earnings per share (EPS)10.32
Gross Margin30.54%
Net Profit Margin17.82%
Debt/Equity Ratio50.2%

How did GL perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

9%

Payout Ratio
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