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GL

GL - Globe Life Inc Stock Price, Fair Value and News

89.51USD+4.35 (+5.11%)Market Closed

Market Summary

GL
USD89.51+4.35
Market Closed
5.11%

GL Alerts

  • 4 major insider buys and 2 major insider sales recently.

GL Stock Price

View Fullscreen

GL RSI Chart

GL Valuation

Market Cap

8.3B

Price/Earnings (Trailing)

8.25

Price/Sales (Trailing)

1.49

EV/EBITDA

7.31

Price/Free Cashflow

6.33

GL Price/Sales (Trailing)

GL Profitability

EBT Margin

22.28%

Return on Equity

19.87%

Return on Assets

3.5%

Free Cashflow Yield

15.81%

GL Fundamentals

GL Revenue

Revenue (TTM)

5.5B

Rev. Growth (Yr)

7.18%

Rev. Growth (Qtr)

0.03%

GL Earnings

Earnings (TTM)

1.0B

Earnings Growth (Yr)

13.69%

Earnings Growth (Qtr)

-7.49%

Breaking Down GL Revenue

Last 7 days

12.6%

Last 30 days

-17.0%

Last 90 days

-28.4%

Trailing 12 Months

-17.6%

How does GL drawdown profile look like?

GL Financial Health

Debt/Equity

0.32

Debt/Cashflow

0.83

GL Investor Care

Dividend Yield

1.02%

Dividend/Share (TTM)

0.92

Buy Backs (1Y)

3.44%

Diluted EPS (TTM)

10.47

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20245.5B000
20235.2B5.3B5.4B5.4B
20225.1B5.2B5.2B5.2B
20214.9B5.0B5.0B5.1B
20204.5B4.6B4.6B4.7B
20194.4B4.4B4.5B4.5B
20184.2B4.3B4.3B4.3B
20174.0B4.0B4.1B4.2B
20163.8B3.9B3.9B3.9B
20153.6B3.7B3.7B3.8B
20143.7B3.7B3.6B3.6B
20133.6B3.7B3.8B3.8B
20123.4B3.5B3.5B3.6B
20113.4B3.4B3.4B3.4B
20103.2B3.2B3.3B3.4B
200903.1B3.0B3.1B
200803.4B3.3B3.2B
20070003.5B
Get all data in R, Python etc through our Historical Stock Data APIs
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Tracking the Latest Insider Buys and Sells of Globe Life Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 25, 2024
zorn rebecca e
sold
-179,336
77.3
-2,320
evp & chief talent officer
Apr 25, 2024
blinn mark a
bought
153,540
76.77
2,000
-
Apr 24, 2024
rodriguez david a
bought
119,585
79.7233
1,500
-
Apr 24, 2024
johnson steven paul
bought
100,800
76.4214
1,319
-
Apr 24, 2024
brannen james
bought
156,940
78.4702
2,000
-
Feb 28, 2024
mitchell robert brian
sold (taxes)
-270,667
128
-2,108
evp, general counsel and cro
Feb 28, 2024
darden james matthew
sold (taxes)
-522,074
128
-4,066
co-chairman & ceo
Feb 28, 2024
majors michael clay
acquired
-
-
9,287
evp - chief strategy officer
Feb 28, 2024
mitchell robert brian
acquired
-
-
8,635
evp, general counsel and cro
Feb 28, 2024
svoboda frank m
acquired
-
-
16,082
co-chairman & ceo

1–10 of 50

Which funds bought or sold GL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 07, 2024
PANAGORA ASSET MANAGEMENT INC
unchanged
-
-52,007
1,131,230
 0.01%
May 07, 2024
Atomi Financial Group, Inc.
sold off
-100
-211,793
-
 -%
May 07, 2024
Swiss National Bank
reduced
-4.96
-3,296,910
32,793,100
 0.02%
May 07, 2024
ASSETMARK, INC
sold off
-100
-365
-
 -%
May 07, 2024
QRG CAPITAL MANAGEMENT, INC.
added
69.75
128,115
333,640
 -%
May 07, 2024
Empowered Funds, LLC
added
145
977,279
1,705,290
 0.01%
May 07, 2024
M&T Bank Corp
reduced
-9.62
-134,468
850,335
 -%
May 07, 2024
Smithfield Trust Co
unchanged
-
-1,000
13,000
 -%
May 07, 2024
NUANCE INVESTMENTS, LLC
added
27.77
6,769,300
37,329,400
 0.98%
May 07, 2024
MEEDER ASSET MANAGEMENT INC
reduced
-81.6
-162,508
34,678
 -%

1–10 of 48

Are Funds Buying or Selling GL?

Are funds buying GL calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own GL
No. of Funds

GL Alerts

Unveiling Globe Life Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
berkshire hathaway inc
0%
10
SC 13G/A
Feb 13, 2024
vanguard group inc
11.51%
10,828,866
SC 13G/A
Feb 08, 2024
wellington management group llp
4.98%
4,685,657
SC 13G/A
Jan 26, 2024
blackrock inc.
7.1%
6,695,570
SC 13G/A
Feb 09, 2023
vanguard group inc
11.08%
10,780,683
SC 13G/A
Feb 06, 2023
wellington management group llp
6.14%
5,970,777
SC 13G/A
Feb 01, 2023
blackrock inc.
6.6%
6,410,977
SC 13G/A
Feb 10, 2022
vanguard group inc
10.65%
10,757,918
SC 13G/A
Feb 04, 2022
wellington management group llp
5.28%
5,334,828
SC 13G
Feb 01, 2022
blackrock inc.
6.4%
6,462,907
SC 13G/A

Recent SEC filings of Globe Life Inc

View All Filings
Date Filed Form Type Document
May 08, 2024
10-Q
Quarterly Report
May 07, 2024
13F-HR
Fund Holdings Report
Apr 30, 2024
4/A
Insider Trading
Apr 29, 2024
8-K
Current Report
Apr 26, 2024
4
Insider Trading
Apr 26, 2024
4
Insider Trading
Apr 26, 2024
4
Insider Trading
Apr 26, 2024
4
Insider Trading
Apr 26, 2024
4
Insider Trading
Apr 25, 2024
144
Notice of Insider Sale Intent

Peers (Alternatives to Globe Life Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
ARGO
1.0T
1.3B
 -3.06% 3200.44%
-4.9K
773.83
 -10.27% -34.69%
AJG
53.5B
10.6B
 0.35% 13.39%
49.03
5.04
 20.42% -6.05%
AIG
53.0B
48.4B
 2.59% 50.41%
10.98
1.1
 -4.15% -20.63%
TRV
49.8B
42.9B
 -5.78% 18.24%
15.85
1.16
 13.52% 12.15%
AFL
48.2B
19.3B
 -0.38% 25.81%
9.01
2.49
 3.03% 17.35%
ACGL
37.0B
13.6B
 4.64% 29.15%
8.33
2.72
 41.83% 201.02%
AFG
11.0B
8.0B
 -2.14% 12.66%
12.42
1.37
 11.14% 7.56%
MID-CAP
UNM
10.0B
12.6B
 -1.30% 18.66%
7.54
0.79
 4.24% -13.40%
AIZ
9.2B
11.1B
 -2.63% 35.17%
14.28
0.82
 9.21% 132.28%
LNC
5.0B
11.9B
 -5.15% 39.72%
3.69
0.42
 -33.27% 234.43%
AEL
4.5B
2.8B
 -0.20% 45.14%
21.34
1.58
 100.59% -89.04%
SMALL-CAP
BRP
1.9B
1.3B
 8.10% 32.13%
-35.66
1.53
 18.74% 30.90%
AMSF
908.5M
308.9M
 -0.11% -15.37%
14.73
2.94
 3.79% 10.94%
AMBC
828.5M
314.0M
 15.44% 22.21%
14.41
2.64
 -29.20% -88.19%
AAME
37.3M
186.8M
 -15.67% -17.10%
-218.34
0.2
 -0.56% -111.21%

Globe Life Inc News

Latest updates
Business Wire • 14 hours ago
Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Globe Life ...
Marketscreener.com • 16 hours ago
SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Globe Life Inc. with Losses to Contact ...
Barron's • 20 hours ago
Class Action Filed Against Globe Life Inc. f/k/a Torchmark Corporation (GL) Seeking Recovery for Investors - Contact ...
MarketWatch • 32 hours ago
Globe Life Inc. stock outperforms competitors on strong trading day
Defense World • 43 hours ago
First Trust Direct Indexing L.P. Raises Stake in Globe Life Inc. (NYSE:GL)
MarketBeat • 06 May 2024 • 07:03 pm
Globe Life Inc. (NYSE:GL) Shares Sold by Victory Capital Management Inc.
Yahoo New Zealand News • 04 May 2024 • 12:57 am
Globe Life (NYSE:GL) Could Be A Buy For Its Upcoming Dividend
Zacks Investment Research • 02 May 2024 • 01:53 pm
Here is What to Know Beyond Why Globe Life Inc. (GL) is a Trending Stock
PR Newswire • 22 Apr 2024 • 08:15 pm
GLOBE LIFE INC. REPORTS FIRST QUARTER 2024 RESULTS
InvestorPlace • 12 Apr 2024 • 07:00 am
5 Investors Betting Big on Globe Life (GL) Stock

Globe Life Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue0.0%1,4161,4161,3841,3261,3211,3351,2971,2921,3031,2971,2781,2711,2671,2291,1951,1811,1331,1371,1411,1301,119
Gross Profit1.0%327323321310305306264307301568220237191225230217229225235224227
  S&GA Expenses-100.0%-78.0075.0075.0074.0080.0076.0079.0073.0075.0068.0068.0071.0063.0064.0062.0067.0064.0061.0065.0060.00
EBITDA Margin1.7%0.24*0.24*0.23*0.22*0.22*0.23*0.28*0.28*0.28*0.27*0.20*0.21*---------
Interest Expenses11.5%29.0026.0026.0026.0025.0025.0024.0022.0020.0020.0021.0022.0021.0021.0022.0023.0021.0021.0021.0021.0021.00
Income Taxes-1.9%61.0062.0062.0049.0051.0054.0044.0052.0057.0011642.0046.0040.0046.0043.0039.0037.0040.0046.0042.0043.00
Earnings Before Taxes-6.5%315337319265274297235276294580231245219250232212203227247229228
EBT Margin1.6%0.22*0.22*0.22*0.20*0.21*0.21*0.27*0.27*0.26*0.25*0.19*0.19*---------
Net Income-7.5%254275257215224242191224237604189925-8262041891,339-613187202187185
Net Income Margin1.4%0.18*0.18*0.17*0.17*0.17*0.17*0.24*0.24*0.38*0.17*0.10*0.10*---------
Free Cashflow-9.7%342378276309469364351290390370351322---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets1.9%28,57128,05126,22326,77026,92225,98725,24926,42428,21629,76829,49729,58028,11329,04728,04227,53425,35225,97725,79224,85524,133
    Cash Equivalents-19.0%84.0010386.0075.0017293.0086.0017212892.0096.0013882.0095.0080.0011490.0076.0067.0089.0067.00
  Goodwill0%482482482482482482482482482482482442442442442442442442442442442
Liabilities-0.1%23,53123,56521,60022,78923,07622,03721,63923,20425,67121,12520,88820,96320,28120,27619,81719,68618,83218,68318,47918,15518,090
  Short Term Borrowings50.9%734486448258514449435495522480394260275255280831458299233257294
  Long Term Debt0.0%1,6301,6301,7991,7981,6281,6281,6281,6271,5471,5461,5461,9861,6681,6681,6681,2721,3471,3491,4671,4461,356
    LT Debt, Non Current-100.0%-1,6301,7991,7981,6281,6281,6281,6271,5471,5461,5461,9861,6681,6681,6681,2721,3471,3491,3511,353-
Shareholder's Equity12.3%5,0394,4874,6233,9803,8463,9503,6103,2202,5442,0048,6088,6177,8328,7718,2257,8486,5207,2947,3136,7006,043
  Retained Earnings2.8%7,7077,5007,5207,2867,0936,8956,6336,4706,3166,1826,3536,1866,0215,8746,0025,8395,6865,5515,6875,5155,365
  Additional Paid-In Capital-1.1%527532544536529530541532523521534525516527537528519532538527519
Shares Outstanding0%102102105105105105109109109109113113---------
Float----10,400---9,300---9,500---7,700---9,600-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-10.4%350,806391,397286,887326,811477,330371,807356,997296,257397,133377,658357,983330,209371,830397,818309,314425,748343,554333,699343,538263,352423,285
  Share Based Compensation-100.0%-8,0047,5677,4867,6799,0479,1208,4489,0355,9747,7768,6347,8889,2378,6678,6329,35611,49511,53311,25610,559
Cashflow From Investing-645.5%-731,936-98,177-417,835-162,367-247,770-252,166-282,919-132,606-275,324-284,11646,148-405,717-269,685-189,272-31,801-648,982-311,675-240,744-212,211-50,594-305,762
Cashflow From Financing231.4%356,956-271,731136,776-254,792-151,740-114,656-170,293-122,804-84,700-95,596-450,513135,823-113,317-187,061-309,032253,307-31,271-81,084-153,286-186,657-169,481
  Dividend Payments-0.3%21,11721,17121,37621,49820,07120,10620,23320,52119,68719,97520,17720,38019,51119,68919,96219,95318,58818,69518,84118,95617,696
  Buy Backs-83.8%23,469145,17196,89889,755179,276119,18672,031143,939119,482148,05597,796162,864132,720147,218129,919-166,729125,100104,372119,201110,896
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GL Income Statement

2023-12-31
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenue:   
Revenue$ 4,456,017$ 4,310,242$ 4,094,813
Net investment income1,056,884991,800956,690
Realized gains (losses)(65,676)(76,548)59,319
Other income3081,2461,216
Total revenue5,447,5335,226,7405,112,038
Benefits and expenses:   
Life policyholder benefits[1]2,050,7892,035,6931,898,519
Health policyholder benefits[2]776,362752,866721,309
Other policyholder benefits37,10036,87539,218
Total policyholder benefits2,864,2512,825,4342,659,046
Amortization of deferred acquisition costs379,700348,824317,616
Commissions, premium taxes, and non-deferred acquisition costs559,167506,022455,250
Other operating expense347,833353,954322,029
Interest expense102,31690,39583,486
Total benefits and expenses4,253,2674,124,6293,837,427
Income before income taxes1,194,2661,102,1111,274,611
Income tax benefit (expense)(223,511)(207,725)(243,497)
Net income$ 970,755$ 894,386$ 1,031,114
Basic net income per common share (in dollars per share)$ 10.21$ 9.13$ 10.10
Diluted net income per common share (in dollars per share)$ 10.07$ 9.04$ 9.99
Life premium   
Revenue:   
Revenue$ 3,137,244$ 3,027,824$ 2,893,930
Health premium   
Revenue:   
Revenue1,318,7731,282,4171,200,882
Other premium   
Revenue:   
Revenue$ 0$ 1$ 1
[1]Net of the total remeasurement, including both the impact of assumption changes and the effect of actual to expected experience adjustments, resulting in gains (losses) of $29.4 million, $(47.4) million and $(11.1) million for the year ended December 31, 2023, 2022 and 2021, respectively.
[2]Net of the total remeasurement, including both the impact of assumption changes and the effect of actual to expected experience adjustments, resulting in gains (losses) of $11.8 million, $15.6 million and $(1.2) million for the year ended December 31, 2023, 2022 and 2021, respectively.

GL Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Investments:  
Fixed maturities—available for sale, at fair value (amortized cost: 2023—$18,924,914; 2022—$18,301,692, allowance for credit losses: 2023— $7,115; 2022— $0)$ 17,870,206$ 16,503,365
Mortgage loans279,199181,305
Policy loans657,020614,866
Other long-term investments (includes: 2023—$795,583; 2022—$768,689 under the fair value option)835,878794,711
Short-term investments81,740114,121
Total investments19,724,04318,208,368
Cash103,15692,559
Accrued investment income270,396259,581
Other receivables630,223589,171
Deferred acquisition costs6,009,4775,535,697
Goodwill481,791481,791
Other assets832,413819,630
Total assets28,051,49925,986,797
Liabilities:  
Future policy benefits19,460,35318,097,341
Unearned and advance premium254,567253,360
Policy claims and other benefits payable514,875509,356
Other policyholders' funds236,958123,236
Total policy liabilities20,466,75318,983,293
Current and deferred income taxes494,639434,649
Short-term debt486,113449,103
Long-term debt (estimated fair value: 2023—$1,491,229; 2022—$1,440,277)1,629,5591,627,952
Other liabilities487,632542,223
Total liabilities23,564,69622,037,220
Commitments and Contingencies (Note 5)
Shareholders' equity:  
Preferred stock, par value $1 per share—5,000,000 shares authorized; outstanding: 0 in 2023 and 202200
Common stock, par value $1 per share—320,000,000 shares authorized; outstanding: (2023—102,218,183 issued; 2022—105,218,183 issued)102,218105,218
Additional paid-in-capital532,474529,661
Accumulated other comprehensive income (loss)(2,772,419)(2,790,313)
Retained earnings7,478,8136,894,535
Treasury stock, at cost: (2023—8,426,854 shares; 2022—8,478,288 shares)(854,283)(789,524)
Total shareholders' equity4,486,8033,949,577
Total liabilities and shareholders' equity$ 28,051,499$ 25,986,797

About Globe Life Inc

GL
Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle to middle income households in the United States. The company operates through 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 critical illness and accident plans; and single-premium and flexible-premium deferred annuities. The company was formerly known as Torchmark Corporation and changed its name to Globe Life Inc. in August 2019. Globe Life Inc. was incorporated in 1979 and is headquartered in McKinney, Texas.
 CEO
 WEBSITEglobelifeinsurance.com
 INDUSTRYInsurance Property & Casualty
 EMPLOYEES3543

Globe Life Inc Frequently Asked Questions

What is the ticker symbol for Globe Life Inc? What does GL stand for in stocks?

GL is the stock ticker symbol of Globe Life Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Globe Life Inc (GL)?

As of Wed May 08 2024, market cap of Globe Life Inc is 8.39 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of GL stock?

You can check GL's fair value in chart for subscribers.

What is the fair value of GL stock?

You can check GL's fair value in chart for subscribers. The fair value of Globe Life Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Globe Life Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for GL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Globe Life Inc a good stock to buy?

The fair value guage provides a quick view whether GL is over valued or under valued. Whether Globe Life Inc is cheap or expensive depends on the assumptions which impact Globe Life Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for GL.

What is Globe Life Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, GL's PE ratio (Price to Earnings) is 8.64 and Price to Sales (PS) ratio is 1.54. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. GL PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Globe Life Inc's stock?

In the past 10 years, Globe Life Inc has provided 0.017 (multiply by 100 for percentage) rate of return.