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Globe Life (GL) Stock

Profile

Country:

United States

IPO:

01 October 1980

Indexes:

Description:

Globe Life Inc. offers various life insurance and supplemental health insurance products, as well as annuities for households with below-average and average income in the United States. The company operates through four segments: life insurance, supplemental health insurance, annuities, and investments. It provides whole life insurance, term life insurance, and other life insurance products, as well as supplemental health insurance products such as critical illness and accident insurance. Previously known as Torchmark Corporation, the company changed its name to Globe Life Inc. in August 2019. It was founded in 1979 and is headquartered in McKinney, Texas.

Key Details

Price

$110.08

TTM Dividend Yield

0.86%(+17.81% YoY)

Annual Revenue

$5.45 B(+4.22% YoY)

Annual EPS

$10.07(+11.39% YoY)

PE Ratio

9.31(-27.60% YoY)

Beta

0.28

Events Calendar

Earnings

Next earnings date:

Feb 07, 2025

Recent quarterly earnings:

Oct 23, 2024

Recent annual earnings:

Feb 07, 2024
Dividend

Next ex-dividend date:

Jan 06, 2025

Recent ex-dividend date:

Oct 04, 2024
Splits

Next split:

N/A

Recent split:

July 02, 2014

Analyst ratings

Recent major analysts updates

29 Oct '24 Keefe, Bruyette & Woods
Outperform
25 Oct '24 Truist Securities
Hold
25 Oct '24 Piper Sandler
Overweight
24 Oct '24 Morgan Stanley
Equal-Weight
15 Oct '24 Raymond James
Strong Buy
10 Oct '24 Wells Fargo
Overweight
09 Oct '24 TD Cowen
Buy
02 Oct '24 Piper Sandler
Overweight
19 Aug '24 Morgan Stanley
Equal-Weight
31 July '24 Keefe, Bruyette & Woods
Outperform

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Institutional Ownership

Globe Life Boosts Shareholder Value, Okays Buyback Program
Globe Life Boosts Shareholder Value, Okays Buyback Program
Globe Life Boosts Shareholder Value, Okays Buyback Program
GL
zacks.com19 November 2024

GL's board of directors has announced a new plan to buy back shares valued at $1.8 billion.

Lawsuit Update: Investors Who Lost Money With Shares of Globe Life Inc. (NYSE: GL) Should Contact the Shareholders Foundation
Lawsuit Update: Investors Who Lost Money With Shares of Globe Life Inc. (NYSE: GL) Should Contact the Shareholders Foundation
Lawsuit Update: Investors Who Lost Money With Shares of Globe Life Inc. (NYSE: GL) Should Contact the Shareholders Foundation
GL
accesswire.com05 November 2024

The Shareholders Foundation, Inc. has provided an update regarding the ongoing lawsuit for some investors in Globe Life Inc. (NYSE:GL) shares. If you hold NYSE:GL shares, please reach out to the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.

Globe Life Q3 Earnings Beat, Revenues Miss, Premiums Rise Y/Y
Globe Life Q3 Earnings Beat, Revenues Miss, Premiums Rise Y/Y
Globe Life Q3 Earnings Beat, Revenues Miss, Premiums Rise Y/Y
GL
zacks.com24 October 2024

GL's results for the third quarter show an increase in extra investment income and profits from insurance underwriting, along with a rise in premiums for Life and Health insurance.

Globe Life (GL) Reports Q3 Earnings: What Key Metrics Have to Say
Globe Life (GL) Reports Q3 Earnings: What Key Metrics Have to Say
Globe Life (GL) Reports Q3 Earnings: What Key Metrics Have to Say
GL
zacks.com23 October 2024

While the revenue and earnings per share (EPS) for Globe Life (GL) provide insight into its performance for the quarter ending September 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.

Globe Life (GL) Q3 Earnings Surpass Estimates
Globe Life (GL) Q3 Earnings Surpass Estimates
Globe Life (GL) Q3 Earnings Surpass Estimates
GL
zacks.com23 October 2024

Globe Life (GL) reported quarterly earnings of $3.49 per share, which is higher than the Zacks Consensus Estimate of $3.05 per share. This is an increase compared to earnings of $2.71 per share from the same time last year.

INVESTOR ALERT: Rigrodsky Law, P.A. Is Investigating Globe Life Inc. On Behalf of Shareholders
INVESTOR ALERT: Rigrodsky Law, P.A. Is Investigating Globe Life Inc. On Behalf of Shareholders
INVESTOR ALERT: Rigrodsky Law, P.A. Is Investigating Globe Life Inc. On Behalf of Shareholders
GL
accesswire.com21 October 2024

WILMINGTON, DE / ACCESSWIRE / October 21, 2024 / Rigrodsky Law, P.A. is looking into possible claims against the officers and directors of Globe Life Inc. ("Globe Life" or the "Company") (NYSE:GL) for the benefit of its shareholders.

Insights Into Globe Life (GL) Q3: Wall Street Projections for Key Metrics
Insights Into Globe Life (GL) Q3: Wall Street Projections for Key Metrics
Insights Into Globe Life (GL) Q3: Wall Street Projections for Key Metrics
GL
zacks.com21 October 2024

In addition to looking at analysts' estimates for Globe Life's (GL) revenue and profit, it's important to assess predictions for some of its main metrics. This will help us understand how the company may have performed in the quarter that ended in September 2024.

Globe Life targeted by ‘unknown threat actor' in extortion attempt
Globe Life targeted by ‘unknown threat actor' in extortion attempt
Globe Life targeted by ‘unknown threat actor' in extortion attempt
GL
marketwatch.com17 October 2024

Globe Life Inc. announced on Thursday that it has been the target of an extortion attempt.

Globe Life (GL) Reports Next Week: Wall Street Expects Earnings Growth
Globe Life (GL) Reports Next Week: Wall Street Expects Earnings Growth
Globe Life (GL) Reports Next Week: Wall Street Expects Earnings Growth
GL
zacks.com16 October 2024

Globe Life (GL) has the right mix of two important factors that could lead to better earnings in its next report. Be ready for the main expectations.

Globe Life Banks on Solid Segmental Growth Amid Cost Woes
Globe Life Banks on Solid Segmental Growth Amid Cost Woes
Globe Life Banks on Solid Segmental Growth Amid Cost Woes
GL
zacks.com11 October 2024

GL benefits from increased premium growth, larger invested assets, and a solid liquidity position. However, rising expenses and high debt levels are significant worries.

FAQ

  • What is the primary business of Globe Life?
  • What is the ticker symbol for Globe Life?
  • Does Globe Life pay dividends?
  • What sector is Globe Life in?
  • What industry is Globe Life in?
  • What country is Globe Life based in?
  • When did Globe Life go public?
  • Is Globe Life in the S&P 500?
  • Is Globe Life in the NASDAQ 100?
  • Is Globe Life in the Dow Jones?
  • When was Globe Life's last earnings report?
  • When does Globe Life report earnings?
  • Should I buy Globe Life stock now?

What is the primary business of Globe Life?

Globe Life Inc. offers various life insurance and supplemental health insurance products, as well as annuities for households with below-average and average income in the United States. The company operates through four segments: life insurance, supplemental health insurance, annuities, and investments. It provides whole life insurance, term life insurance, and other life insurance products, as well as supplemental health insurance products such as critical illness and accident insurance. Previously known as Torchmark Corporation, the company changed its name to Globe Life Inc. in August 2019. It was founded in 1979 and is headquartered in McKinney, Texas.

What is the ticker symbol for Globe Life?

The ticker symbol for Globe Life is NYSE:GL

Does Globe Life pay dividends?

Yes, Globe Life pays dividends. The last payment was $0.24, with an ex-dividend date on 04 October 2024

What sector is Globe Life in?

Globe Life is in the Financial Services sector

What industry is Globe Life in?

Globe Life is in the Insurance - Life industry

What country is Globe Life based in?

Globe Life is headquartered in United States

When did Globe Life go public?

Globe Life's initial public offering (IPO) was on 01 October 1980

Is Globe Life in the S&P 500?

Yes, Globe Life is included in the S&P 500 index

Is Globe Life in the NASDAQ 100?

No, Globe Life is not included in the NASDAQ 100 index

Is Globe Life in the Dow Jones?

No, Globe Life is not included in the Dow Jones index

When was Globe Life's last earnings report?

Globe Life's most recent earnings report was on 23 October 2024

When does Globe Life report earnings?

The next expected earnings date for Globe Life is 7 February 2025

Should I buy Globe Life stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions