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Globe Life Inc, Common Stock

GL

NYQ

$83.69

+$0.63

(0.76%)

1D
Industry: Insurance Sector: Financials

Analyst Forecast

Price Chart

Key Metrics

Market Cap info-icon
This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
$7.72B
P/E Ratio info-icon
This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
7.99
Volume info-icon
This is the total number of shares traded during the most recent trading day.
1.34M
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
1.87M
Dividend Yield info-icon
This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
1.16%
Beta info-icon
This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
0.81
52-week Range info-icon
This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
$38.95 L
$131.71 H
$83.69

About Globe Life Inc, Common Stock

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. Globe Life Inc. was founded in 1900 and is headquartered in McKinney, Texas. more

Industry: InsuranceSector: Financials

Returns

Time FrameGLSectorS&P500
1-Week Return4.72%0.38%-0.23%
1-Month Return2.39%-1.06%3.09%
3-Month Return-27.96%-0.22%4.99%
6-Month Return-30.88%10.22%15.17%
1-Year Return-21.16%27.67%28%
3-Year Return-10.95%18.88%34.03%
5-Year Return-1.25%67.25%101.06%
10-Year Return66.43%235.16%236.13%

Financials

Dec '19Dec '20Dec '21Dec '22Dec '235YR TREND
Total Revenue4.53B4.74B5.11B5.21B5.45B[{"date":"2019-12-31","value":83.11,"profit":true},{"date":"2020-12-31","value":86.97,"profit":true},{"date":"2021-12-31","value":93.86,"profit":true},{"date":"2022-12-31","value":95.73,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Cost of Revenue304.82M301.04M322.03M353.95M347.83M[{"date":"2019-12-31","value":86.12,"profit":true},{"date":"2020-12-31","value":85.05,"profit":true},{"date":"2021-12-31","value":90.98,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":98.27,"profit":true}]
Gross Profit4.22B4.44B4.79B4.86B5.10B[{"date":"2019-12-31","value":82.8,"profit":true},{"date":"2020-12-31","value":87,"profit":true},{"date":"2021-12-31","value":93.94,"profit":true},{"date":"2022-12-31","value":95.32,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Gross Margin93.27%93.65%93.70%93.21%93.61%[{"date":"2019-12-31","value":99.54,"profit":true},{"date":"2020-12-31","value":99.94,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":99.48,"profit":true},{"date":"2023-12-31","value":99.91,"profit":true}]
Operating Expenses(3.60B)(3.84B)(4.20B)(3.86B)707.13M[{"date":"2019-12-31","value":-508.77,"profit":false},{"date":"2020-12-31","value":-543.4,"profit":false},{"date":"2021-12-31","value":-594.19,"profit":false},{"date":"2022-12-31","value":-546.47,"profit":false},{"date":"2023-12-31","value":100,"profit":true}]
Operating Income929.87M895.36M911.17M996.71M1.30B[{"date":"2019-12-31","value":71.67,"profit":true},{"date":"2020-12-31","value":69.01,"profit":true},{"date":"2021-12-31","value":70.23,"profit":true},{"date":"2022-12-31","value":76.82,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Total Non-Operating Income/Expense(82.90M)(85.38M)(82.27M)(180.79M)1.09B[{"date":"2019-12-31","value":-7.59,"profit":false},{"date":"2020-12-31","value":-7.82,"profit":false},{"date":"2021-12-31","value":-7.53,"profit":false},{"date":"2022-12-31","value":-16.56,"profit":false},{"date":"2023-12-31","value":100,"profit":true}]
Pre-Tax Income931.28M896.68M912.39M906.31M1.19B[{"date":"2019-12-31","value":77.98,"profit":true},{"date":"2020-12-31","value":75.08,"profit":true},{"date":"2021-12-31","value":76.4,"profit":true},{"date":"2022-12-31","value":75.89,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Income Taxes170.40M164.91M167.43M166.61M223.51M[{"date":"2019-12-31","value":76.24,"profit":true},{"date":"2020-12-31","value":73.78,"profit":true},{"date":"2021-12-31","value":74.91,"profit":true},{"date":"2022-12-31","value":74.54,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Income After Taxes760.88M731.77M744.96M739.70M970.75M[{"date":"2019-12-31","value":78.38,"profit":true},{"date":"2020-12-31","value":75.38,"profit":true},{"date":"2021-12-31","value":76.74,"profit":true},{"date":"2022-12-31","value":76.2,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Income From Continuous Operations760.88M731.77M744.96M739.70M970.75M[{"date":"2019-12-31","value":78.38,"profit":true},{"date":"2020-12-31","value":75.38,"profit":true},{"date":"2021-12-31","value":76.74,"profit":true},{"date":"2022-12-31","value":76.2,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Income From Discontinued Operations(92.00K)----[{"date":"2019-12-31","value":-9200000,"profit":false},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}]
Net Income760.79M731.77M744.96M739.70M970.75M[{"date":"2019-12-31","value":78.37,"profit":true},{"date":"2020-12-31","value":75.38,"profit":true},{"date":"2021-12-31","value":76.74,"profit":true},{"date":"2022-12-31","value":76.2,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
EPS (Diluted)6.746.876.868.1610.65[{"date":"2019-12-31","value":63.29,"profit":true},{"date":"2020-12-31","value":64.51,"profit":true},{"date":"2021-12-31","value":64.41,"profit":true},{"date":"2022-12-31","value":76.62,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]

Ratios

Liquidity

These ratios help you determine the liquidity of the company. Higher is better.

GL
Cash Ratio 9.71
Current Ratio 0.62
Quick Ratio 10.67

Asset Efficiency

These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.

GL
ROA (LTM) 3.03%
ROE (LTM) 22.54%

Liabilities

These ratios help you understand the company's liabilities, gauging the riskiness of the investment.

GL
Debt Ratio Lower is generally better. Negative is bad. 0.82
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. 0.18
Debt/Equity The higher the number, the more leverage the business employs, the riskier the investment typically is. 5.67

Valuation

These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.

GL
Trailing PE 7.94
Forward PE 10.44
P/S (TTM) 1.02
P/B 1.24
Price/FCF 22
EV/R 1.39
EV/Ebitda NM
PEG 0.26

News

Class Action Lawsuit Against Globe Life Inc. (NYSE:GL)

A class action lawsuit was filed against Globe Life Inc. (NYSE:GL) Torchmark Corporation on April 30, 2024. The plaintiffs (shareholders) alleged t…

12 Jun, 2024 a 6:35 am TipRanks

Rosen Law Firm Urges Globe Life Inc. f/k/a Torchmark Corporation (GL) Stockholders With Large Losses to Contact the Firm for Information About Their Rights

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Globe Life Inc. f/k/a Torchmark Corporation (NYSE: GL) between May 8, 2019 and April 10, 2024, both dates inclusive (the “Class Period”), of the important July 1, 2024 lead plaintiff deadline. SO WHAT: If you purchased Globe Life common stock during the Class Period you may be entitled to compensation Jetzt den vollständigen Artikel lesen

11 Jun, 2024 a 11:00 pm Wallstreet:Online

SHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in Globe Life Inc. with Losses to Contact the Firm

The Schall Law Firm Encourages Investors in Globe Life Inc. with Losses to Contact the Firm

5 Jun, 2024 a 2:50 pm GlobeNewswire

Levi & Korsinsky Reminds Globe Life Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 1, 2024 - GL

NEW YORK, June 4, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Globe Life Inc. f/k/a Torchmark Corporation ("Globe Life" or the "Company") (NYSE: GL) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Globe Life…

4 Jun, 2024 a 9:45 am PR Newswire

GL INVESTOR ALERT: Kirby McInerney LLP Notifies Globe Life Inc. Investors of Upcoming Lead Plaintiff Deadline in Class Action Lawsuit

The law firm of Kirby McInerney LLP reminds investors of the July 1, 2024 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed on behalf of those who acquired Globe Life, Inc. (“Globe Life” or the “Company”) (NYSE: GL) securities during the period of May 8, 2019 through April 10, 2019 inclusive (“the Class Period”). [Click here to learn Jetzt den vollständigen Artikel lesen

3 Jun, 2024 a 3:16 pm Wallstreet:Online

The Dividend Disaster Zone: 3 Stocks to Sell Before the Payout Gets Slashed

Often when investors choose dividend stocks as part of their portfolio, the aim is to generate more money through the quarterly dividend. They can then either take a cash payout or reinvest the dividend to purchase more of that specific stock thereby increasing its dollar value. However, as with all things in the market, the dynamics of various dividend stocks change over time. While some stocks may continuously up their dividend, in an attempt to attract more retail and institutional investors, others may fall on hard times, requiring them to lower their dividends or cut them altogether. In these cases, a dividend stock loses what was once its biggest draw, and ultimately becomes an uncompetitive position when compared to other, better-yielding dividend stocks. Here are three such examples of dividend stocks to sell due to diminishing or entirely vanishing dividend yields. Sirius XM Holdings (SIRI) Source: Shutterstock At one point in time, Sirius XM Holdings (NASDAQ: SIRI ) commanded consumer attention as a must-have addition to their new cars.

31 May, 2024 a 11:27 am InvestorPlace

Contact Levi & Korsinsky by July 1, 2024 Deadline to Join Class Action Against Globe Life Inc. f/k/a Torchmark Corporation (GL)

NEW YORK, May 29, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Globe Life Inc. f/k/a Torchmark Corporation ("Globe Life" or the "Company") (NYSE: GL) of a class action securities lawsuit.

29 May, 2024 a 4:43 pm GlobeNewswire

Globe Life Inc. f/k/a Torchmark Corporation Sued for Securities Law Violations - Contact The Gross Law Firm Before July 1, 2024 to Discuss Your Rights – GL

NEW YORK, May 28, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Globe Life Inc. f/k/a Torchmark Corporation (NYSE: GL).

28 May, 2024 a 5:27 pm GlobeNewswire

FAQs

What is Globe Life Inc share price today?

Globe Life Inc (GL) share price today is $83.69

Can Indians buy Globe Life Inc shares?

Yes, Indians can buy shares of Globe Life Inc (GL) on Vested. To buy Globe Life Inc from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in GL stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

Can Fractional shares of Globe Life Inc be purchased?

Yes, you can purchase fractional shares of Globe Life Inc (GL) via the Vested app. You can start investing in Globe Life Inc (GL) with a minimum investment of $1.

How to invest in Globe Life Inc shares from India?

You can invest in shares of Globe Life Inc (GL) via Vested in three simple steps:

  • Click on Sign Up or Invest in GL stock at the top of this page
  • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
  • Transfer USD funds to your US Brokerage account and start investing in Globe Life Inc shares
What is Globe Life Inc 52-week high and low stock price?

The 52-week high price of Globe Life Inc (GL) is $131.71. The 52-week low price of Globe Life Inc (GL) is $38.95.

What is Globe Life Inc price-to-earnings (P/E) ratio?

The price-to-earnings (P/E) ratio of Globe Life Inc (GL) is 7.99

What is Globe Life Inc price-to-book (P/B) ratio?

The price-to-book (P/B) ratio of Globe Life Inc (GL) is 1.24

What is Globe Life Inc dividend yield?

The dividend yield of Globe Life Inc (GL) is 1.16%

What is the Market Cap of Globe Life Inc?

The market capitalization of Globe Life Inc (GL) is $7.72B

What is Globe Life Inc’s stock symbol?

The stock symbol (or ticker) of Globe Life Inc is GL

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