Globe Life Inc. (GL): Price and Financial Metrics
GL Price/Volume Stats
| Current price | $110.36 | 52-week high | $123.85 |
| Prev. close | $111.12 | 52-week low | $97.83 |
| Day low | $110.08 | Volume | 201,226 |
| Day high | $111.13 | Avg. volume | 513,093 |
| 50-day MA | $111.97 | Dividend yield | 0.82% |
| 200-day MA | $112.72 | Market Cap | 10.45B |
GL Stock Price Chart Interactive Chart >
GL POWR Grades
- GL scores best on the Momentum dimension, with a Momentum rank ahead of 94.53% of US stocks.
- The strongest trend for GL is in Stability, which has been heading up over the past 177 days.
- GL ranks lowest in Value; there it ranks in the 25th percentile.
GL Stock Summary
- GLOBE LIFE INC's stock had its IPO on December 30, 1987, making it an older stock than 90.27% of US equities in our set.
- Of note is the ratio of GLOBE LIFE INC's sales and general administrative expense to its total operating expenses; just 0.26% of US stocks have a lower such ratio.
- In terms of volatility of its share price, GL is more volatile than merely 5.81% of stocks we're observing.
- Stocks with similar financial metrics, market capitalization, and price volatility to GLOBE LIFE INC are OGE, CNA, CPG, CNNE, and FRFHF.
- Visit GL's SEC page to see the company's official filings. To visit the company's web site, go to www.globelifeinsurance.com.
GL Valuation Summary
- GL's price/sales ratio is 2; this is 100% higher than that of the median Financial Services stock.
- GL's price/earnings ratio has moved up 1.5 over the prior 243 months.
Below are key valuation metrics over time for GL.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| GL | 2023-09-15 | 2 | 2.6 | 12.4 | 11.0 |
| GL | 2023-09-14 | 2 | 2.6 | 12.6 | 11.1 |
| GL | 2023-09-13 | 2 | 2.6 | 12.4 | 11.0 |
| GL | 2023-09-12 | 2 | 2.6 | 12.5 | 11.0 |
| GL | 2023-09-11 | 2 | 2.6 | 12.4 | 10.9 |
| GL | 2023-09-08 | 2 | 2.6 | 12.4 | 11.0 |
GL Growth Metrics
- Its 3 year revenue growth rate is now at 18.43%.
- The 5 year net income to common stockholders growth rate now stands at 32.49%.
- The 2 year price growth rate now stands at 32.09%.
The table below shows GL's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-09-30 | 5,189.597 | 1,428.045 | 706.097 |
| 2022-06-30 | 5,176.162 | 1,429.031 | 708.189 |
| 2022-03-31 | 5,154.665 | 1,462.983 | 730.803 |
| 2021-12-31 | 5,112.869 | 1,437.68 | 744.959 |
| 2021-09-30 | 5,044.45 | 1,457.84 | 771.246 |
| 2021-06-30 | 4,961.654 | 1,409.171 | 771.32 |
GL's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- GL has a Quality Grade of C, ranking ahead of 45.95% of graded US stocks.
- GL's asset turnover comes in at 0.173 -- ranking 95th of 133 Insurance stocks.
- UNH, DGICA, and FGF are the stocks whose asset turnover ratios are most correlated with GL.
The table below shows GL's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-06-30 | 0.173 | 0.452 | 0.034 |
| 2021-03-31 | 0.173 | 0.450 | 0.034 |
| 2020-12-31 | 0.172 | 0.457 | 0.034 |
| 2020-09-30 | 0.174 | 0.461 | 0.034 |
| 2020-06-30 | 0.176 | 0.469 | 0.036 |
| 2020-03-31 | 0.178 | 0.476 | 0.037 |
GL Price Target
For more insight on analysts targets of GL, see our GL price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $108.43 | Average Broker Recommendation | 1.94 (Hold) |
Globe Life Inc. (GL) Company Bio
Globe Life is a financial services holding company listed on the New York Stock Exchange (GL) which operates through its wholly owned subsidiaries providing life insurance, annuity, and supplemental health insurance products. The company is based in McKinney, Texas. (Source:Wikipedia)
Latest GL News From Around the Web
Below are the latest news stories about GLOBE LIFE INC that investors may wish to consider to help them evaluate GL as an investment opportunity.
Insider Sell: SVP & Chief Accounting Officer Michael Henrie Sells 2,500 Shares of Globe Life IncOn September 12, 2023, Michael Henrie, the Senior Vice President and Chief Accounting Officer of Globe Life Inc (NYSE:GL), sold 2,500 shares of the company. |
The 7 Best Warren Buffett Stocks to Buy Now: September 2023With investors not sure of their next move, trying your luck with the best Warren Buffett stocks could be a confidence booster. |
Here's Why You Should Invest in Globe Life (GL) Stock NowGlobe Life's (GL) higher premiums, new investment yields, strong liquidity position, favorable estimates and effective capital deployment poise it well for growth. |
AM Best Affirms Credit Ratings of Globe Life Inc. and Its SubsidiariesOLDWICK, N.J., August 30, 2023--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "a+" (Excellent) of the key life/health subsidiaries of Globe Life Inc. (Globe Life) (headquartered in McKinney, TX) [NYSE: GL]. Concurrently, AM Best has affirmed the Long-Term ICR of "bbb+" (Good) of Globe Life. AM Best also has affirmed the Short- and Long-Term Issue Credit Ratings (Short-Term IR; Long-Term IR) on the debt and the |
Globe Life (GL) Up 0.3% Since Last Earnings Report: Can It Continue?Globe Life (GL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues. |
GL Price Returns
| 1-mo | -0.99% |
| 3-mo | 2.92% |
| 6-mo | 1.13% |
| 1-year | 12.30% |
| 3-year | 44.15% |
| 5-year | 33.34% |
| YTD | -7.92% |
| 2022 | 29.68% |
| 2021 | -0.48% |
| 2020 | -8.92% |
| 2019 | 42.34% |
| 2018 | -17.23% |
GL Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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