How to buy Globe Life stock

Globe Life Inc is an insurance-life business based in the US. Globe Life shares (GL) are listed on the NYSE and all prices are listed in US Dollars.

How to buy shares in Globe Life

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for Globe Life. Find the stock by name or ticker symbol: GL. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Globe Life reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Globe Life, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Globe Life. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Globe Life share price

Use our graph to track the performance of GL stocks over time.

Globe Life shares at a glance

• Key figures

Information last updated 2021-02-23.

52-week range	USD$56.1935 - USD$103.1864
50-day moving average	USD$94.1135
200-day moving average	USD$88.4284
Wall St. target price	USD$100.14
PE ratio	14.0805
Dividend yield	USD$0.69 (0.71%)
Earnings per share (TTM)	USD$6.83

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Is it a good time to buy Globe Life stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Globe Life Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Globe Life financials

Revenue TTM	USD$4.7 billion
Operating margin TTM	20.76%
Gross profit TTM	USD$1.3 billion
Return on assets TTM	2.24%
Return on equity TTM	9.43%
Profit margin	15.45%
Book value	$67.431
Market capitalisation	USD$10.1 billion

TTM: trailing 12 months

Shorting Globe Life shares

There are currently 854,862 Globe Life shares held short by investors – that's known as Globe Life's "short interest". This figure is 30.1% up from 656,918 last month.

There are a few different ways that this level of interest in shorting Globe Life shares can be evaluated.

Globe Life's "short interest ratio" (SIR)

Globe Life's "short interest ratio" (SIR) is the quantity of Globe Life shares currently shorted divided by the average quantity of Globe Life shares traded daily (recently around 414981.55339806). Globe Life's SIR currently stands at 2.06. In other words for every 100,000 Globe Life shares traded daily on the market, roughly 2060 shares are currently held short.

However Globe Life's short interest can also be evaluated against the total number of Globe Life shares, or, against the total number of tradable Globe Life shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Globe Life's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Globe Life shares in existence, roughly 10 shares are currently held short) or 0.0095% of the tradable shares (for every 100,000 tradable Globe Life shares, roughly 10 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Globe Life.

Find out more about how you can short Globe Life stock.

Globe Life's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Globe Life.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Globe Life's total ESG risk score

Total ESG risk: 26.98

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Globe Life's overall score of 26.98 (as at 01/01/2019) is pretty good – landing it in it in the 38th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Globe Life is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Globe Life's environmental score

Environmental score: 5.59/100

Globe Life's environmental score of 5.59 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Globe Life is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Globe Life's social score

Social score: 16.11/100

Globe Life's social score of 16.11 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Globe Life is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Globe Life's governance score

Governance score: 16.77/100

Globe Life's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that Globe Life is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Globe Life's controversy score

Controversy score: 1/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Globe Life scored a 1 out of 5 for controversy – the highest score possible, reflecting that Globe Life has managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Globe Life Inc was last rated for ESG on: 2019-01-01.

Total ESG score	26.98
Total ESG percentile	38.22
Environmental score	5.59
Environmental score percentile	8
Social score	16.11
Social score percentile	8
Governance score	16.77
Governance score percentile	8
Level of controversy	1

Have Globe Life's shares ever split?

Globe Life's shares were split on a 3:2 basis on 2 July 2014. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Globe Life shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Globe Life shares which in turn could have impacted Globe Life's share price.

Globe Life share price volatility

Over the last 12 months, Globe Life's shares have ranged in value from as little as $56.1935 up to $103.1864. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Globe Life's is 1.1329. This would suggest that Globe Life's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Globe Life 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. 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; and medicare supplement and supplemental health insurance, such as critical illness and accident plans. The company was formerly known as Torchmark Corporation and changed its name to Globe Life Inc. in August 2019. Globe Life Inc. was incorporated in 1979 and is headquartered in McKinney, Texas.

Frequently asked questions

• What percentage of Globe Life is owned by insiders or institutions?

  Currently 2.004% of Globe Life shares are held by insiders and 76.34% by institutions.

• When does the fiscal year end for Globe Life?

  Globe Life's fiscal year ends in December.

• Where is Globe Life based?

  Globe Life's address is: 3700 South Stonebridge Drive, McKinney, TX, United States, 75070

• What is Globe Life's ISIN number?

  Globe Life's international securities identification number is: US37959E1029

• What is Globe Life's CUSIP number?

  Globe Life's Committee on Uniform Securities Identification Procedures number is: 37959E102