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.
Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.
Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
| Latest market close | $89.56 |
|---|---|
| 52-week range | $38.84 - $131.33 |
| 50-day moving average | $83.66 |
| 200-day moving average | $105.84 |
| Wall St. target price | $100.13 |
| PE ratio | 8.4379 |
| Dividend yield | $0.915 (1.09%) |
| Earnings per share (TTM) | $10.46 |
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.
Historical closes compared with the close of $89.56 from 2024-07-23
| 1 week (2024-07-17) | 0.71% |
|---|---|
| 1 month (2024-06-24) | 7.01% |
| 3 months (2024-04-24) | 13.94% |
| 6 months (2024-01-24) | -26.61% |
| 1 year (2023-07-24) | -21.79% |
|---|---|
| 2 years (2022-07-20) | N/A |
| 3 years (2021-07-23) | 93.36 |
| 5 years (2019-07-24) | 0.47% |
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 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 (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.
| 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 | $8.1 billion |
TTM: trailing 12 months
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 1.09% 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 1.09% 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").
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.
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".
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 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.
Check out our picks of the best paper trading platforms to practice trading and investing with fake money.
Learn the basics of put options: what they are, how they work and a few examples.
A deep dive into the highlights and limitations of Frec.
Check out our picks for the brokers with the best cash sweep rates on uninvested cash.
These are the best day trading platforms, according to Finder’s comprehensive analysis.
Explore the best bonuses for opening a new brokerage account.
Looking for a discount broker like Webull that offers something different? Here are some of the top alternatives to consider.
What you need to know about investing in the leading indicator for the overall US stock market.
Check out our 7 ideas for how to invest $10K to maximize your money.
Check out the best-performing ETFs so far in 2024.