GL Stock Overview
Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle to middle income households in the United States.
Globe Life Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$93.56|
|52 Week High||US$108.61|
|52 Week Low||US$85.25|
|1 Month Change||-11.66%|
|3 Month Change||-10.96%|
|1 Year Change||-11.29%|
|3 Year Change||7.31%|
|5 Year Change||24.37%|
|Change since IPO||1,003.11%|
Recent News & Updates
|GL||US Insurance||US Market|
Return vs Industry: GL underperformed the US Insurance industry which returned -0.9% over the past year.
Return vs Market: GL exceeded the US Market which returned -12.9% over the past year.
|GL Average Weekly Movement||3.9%|
|Insurance Industry Average Movement||5.2%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.8%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: GL is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: GL's weekly volatility (4%) has been stable over the past year.
About the Company
Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle to middle income households in the United States. The company operates through four segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. It offers whole life, term life, and other life insurance products; Medicare supplement and supplemental health insurance, such as critical illness and accident plans; and single-premium and flexible-premium deferred annuities.
Globe Life Fundamentals Summary
|GL fundamental statistics|
Is GL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GL income statement (TTM)|
|Cost of Revenue||US$3.85b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||7.41|
|Net Profit Margin||14.18%|
How did GL perform over the long term?See historical performance and comparison
0.9%Current Dividend Yield
Does GL pay a reliable dividends?See GL dividend history and benchmarks
|Globe Life dividend dates|
|Ex Dividend Date||Jul 01 2022|
|Dividend Pay Date||Aug 01 2022|
|Days until Ex dividend||39 days|
|Days until Dividend pay date||70 days|
Does GL pay a reliable dividends?See GL dividend history and benchmarks
Is Globe Life undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GL ($93.56) is trading below our estimate of fair value ($195.3)
Significantly Below Fair Value: GL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GL is poor value based on its PE Ratio (12.6x) compared to the US Insurance industry average (10.9x).
PE vs Market: GL is good value based on its PE Ratio (12.6x) compared to the US market (15.3x).
Price to Earnings Growth Ratio
PEG Ratio: GL is poor value based on its PEG Ratio (1.6x)
Price to Book Ratio
PB vs Industry: GL is overvalued based on its PB Ratio (1.3x) compared to the US Insurance industry average (1x).
How is Globe Life forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Future Growth Score1/6
Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GL's forecast earnings growth (7.8% per year) is above the savings rate (1.9%).
Earnings vs Market: GL's earnings (7.8% per year) are forecast to grow slower than the US market (12.5% per year).
High Growth Earnings: GL's earnings are forecast to grow, but not significantly.
Revenue vs Market: GL's revenue (5.4% per year) is forecast to grow slower than the US market (7.8% per year).
High Growth Revenue: GL's revenue (5.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GL's Return on Equity is forecast to be low in 3 years time (11.3%).
How has Globe Life performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GL has high quality earnings.
Growing Profit Margin: GL's current net profit margins (14.2%) are lower than last year (15.3%).
Past Earnings Growth Analysis
Earnings Trend: GL's earnings have declined by 6.8% per year over the past 5 years.
Accelerating Growth: GL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GL had negative earnings growth (-1.9%) over the past year, making it difficult to compare to the Insurance industry average (-2.6%).
Return on Equity
High ROE: GL's Return on Equity (10.6%) is considered low.
How is Globe Life's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: GL's short term assets ($942.9M) do not cover its short term liabilities ($2.3B).
Long Term Liabilities: GL's short term assets ($942.9M) do not cover its long term liabilities ($18.6B).
Debt to Equity History and Analysis
Debt Level: GL's net debt to equity ratio (27.3%) is considered satisfactory.
Reducing Debt: GL's debt to equity ratio has reduced from 30.7% to 30% over the past 5 years.
Debt Coverage: GL's debt is well covered by operating cash flow (70.7%).
Interest Coverage: GL's interest payments on its debt are well covered by EBIT (11.9x coverage).
What is Globe Life current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: GL's dividend (0.89%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.58%).
High Dividend: GL's dividend (0.89%) is low compared to the top 25% of dividend payers in the US market (4.11%).
Stability and Growth of Payments
Stable Dividend: GL's dividends per share have been stable in the past 10 years.
Growing Dividend: GL's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (11.1%), GL's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (5.7%), GL's dividend payments are thoroughly covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Gary Coleman (68 yo)
Mr. Gary Lee Coleman has been the Co-Chief Executive Officer of Globe Life Inc. (formerly known as Torchmark Corporation) since June 1, 2012 and served as its Executive Vice President and Chief Financial O...
CEO Compensation Analysis
Compensation vs Market: Gary's total compensation ($USD8.35M) is about average for companies of similar size in the US market ($USD8.23M).
Compensation vs Earnings: Gary's compensation has been consistent with company performance over the past year.
Experienced Management: GL's management team is seasoned and experienced (6.4 years average tenure).
Experienced Board: GL's board of directors are considered experienced (7.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: GL insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Globe Life Inc.'s employee growth, exchange listings and data sources
- Name: Globe Life Inc.
- Ticker: GL
- Exchange: NYSE
- Founded: 1979
- Industry: Life and Health Insurance
- Sector: Insurance
- Implied Market Cap: US$9.225b
- Shares outstanding: 98.60m
- Website: https://www.globelifeinsurance.com
Number of Employees
- Globe Life Inc.
- 3700 South Stonebridge Drive
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/21 00:00|
|End of Day Share Price||2022/05/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.