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Globe Life NYSE:GL Stock Report

Last Price

US$88.98

Market Cap

US$7.9b

7D

2.5%

1Y

-22.3%

Updated

22 Jul, 2024

Data

Company Financials +

GL Stock Overview

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 Performance4/6
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$88.98
52 Week HighUS$132.00
52 Week LowUS$38.95
Beta0.80
11 Month Change7.13%
3 Month Change17.45%
1 Year Change-22.30%
33 Year Change-5.20%
5 Year Change-3.18%
Change since IPO2,829.83%

Recent News & Updates

Globe Life: A Small Bet That The Recent Controversy Will Blow Over

Jun 24

Globe Life Inc. (NYSE:GL) Might Not Be As Mispriced As It Looks After Plunging 33%

Apr 30
Globe Life Inc. (NYSE:GL) Might Not Be As Mispriced As It Looks After Plunging 33%

Recent updates

Globe Life: A Small Bet That The Recent Controversy Will Blow Over

Jun 24

Globe Life Inc. (NYSE:GL) Might Not Be As Mispriced As It Looks After Plunging 33%

Apr 30
Globe Life Inc. (NYSE:GL) Might Not Be As Mispriced As It Looks After Plunging 33%

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
7D2.5%-0.004%-1.1%
1Y-22.3%27.0%20.0%

Return vs Industry: GL underperformed the US Insurance industry which returned 26.3% over the past year.

Return vs Market: GL underperformed the US Market which returned 19% over the past year.

Price Volatility

Is GL's price volatile compared to industry and market?
GL volatility
GL Average Weekly Movement6.4%
Insurance Industry Average Movement3.7%
Market Average Movement5.9%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market2.9%

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

Volatility Over Time: GL's weekly volatility (6%) has been stable 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$7.95b
Earnings (TTM)US$1.00b
Revenue (TTM)US$5.54b

8.0x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GL income statement (TTM)
RevenueUS$5.54b
Cost of RevenueUS$3.83b
Gross ProfitUS$1.72b
Other ExpensesUS$715.74m
EarningsUS$1.00b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Jul 24, 2024

Earnings per share (EPS)11.12
Gross Margin30.98%
Net Profit Margin18.07%
Debt/Equity Ratio52.9%

How did GL perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

9%

Payout Ratio
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