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How to buy Globe Life stock (GL)

Buy Globe Life stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Globe Life 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. Globe Life employs 3,636 staff and has a trailing 12-month revenue of around $5.5 billion.

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  4. Search for the stock name – GL. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

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Globe Life stock price (NYSE: GL)

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

Globe Life shares at a glance

Information last updated 2024-07-14.
Latest market close$88.93
52-week range$38.84 - $131.33
50-day moving average $82.89
200-day moving average $106.37
Wall St. target price$100.50
PE ratio 8.2256
Dividend yield $0.915 (1.12%)
Earnings per share (TTM) $10.46

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.

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 price performance over time

Historical closes compared with the close of $88.93 from 2024-07-17

1 week (2024-07-12) 3.36%
1 month (2024-06-18) 10.61%
3 months (2024-04-19) 33.25%
6 months (2024-01-19) -26.99%
1 year (2023-07-19) -20.91%
2 years (2022-07-15) -10.01%
3 years (2021-07-19) 90.63
5 years (2019-07-19) 89.295

Is Globe Life stock undervalued or overvalued?

Valuing Globe Life stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Globe Life's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Globe Life's P/E ratio

Globe Life's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, Globe Life shares trade at around 8x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Globe Life's EBITDA

Globe Life's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.4 billion.

The EBITDA is a measure of a Globe Life's overall financial performance and is widely used to measure a its profitability.

Globe Life financials

Revenue TTM $5.5 billion
Operating margin TTM 24.26%
Gross profit TTM $1.4 billion
Return on assets TTM 3.03%
Return on equity TTM 22.54%
Profit margin 18.07%
Book value $53.56
Market Capitalization $7.9 billion

TTM: trailing 12 months

Globe Life share dividends

9%

Dividend payout ratio: 8.53% of net profits

Recently Globe Life has paid out, on average, around 8.53% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.12% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Globe Life shareholders could enjoy a 1.12% return on their shares, in the form of dividend payments. In Globe Life's case, that would currently equate to about $0.915 per share.

While Globe Life's payout ratio might seem low, this can signify that Globe Life is investing more in its future growth.

Globe Life's most recent dividend payout was on 31 July 2024. The latest dividend was paid out to all shareholders who bought their shares by 4 July 2024 (the "ex-dividend date").

Have Globe Life's shares ever split?

Globe Life's shares were split on a 3:2 basis on 1 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 $38.8366 up to $131.3309. A popular way to gauge a stock's volatility is its "beta".

GL.US volatility(beta: 0.8)Avg. volatility(beta: 1.00)LowHigh

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 0.803. This would suggest that Globe Life's shares are less volatile than average (for this exchange).

Globe Life 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. 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. The company sells its products through its direct to consumer division, exclusive agencies, and independent agents. The company was formerly known as Torchmark Corporation and changed its name to Globe Life Inc. in August 2019.

Frequently asked questions

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What percentage of Globe Life is owned by insiders or institutions?
Currently 2.229% of Globe Life shares are held by insiders and 87.606% by institutions.
How many people work for Globe Life?
Latest data suggests 3,636 work at Globe Life.
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, 75070-8080
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

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