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GL

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

55.82USD-3.27 (-5.53%)Market Closed

Market Summary

GL
USD55.82-3.27
Market Closed
-5.53%

GL Stock Price

View Fullscreen

GL RSI Chart

GL Valuation

Market Cap

5.2B

Price/Earnings (Trailing)

5.39

Price/Sales (Trailing)

0.96

EV/EBITDA

5.21

Price/Free Cashflow

3.65

GL Price/Sales (Trailing)

GL Profitability

EBT Margin

21.92%

Return on Equity

21.64%

Return on Assets

3.46%

Free Cashflow Yield

27.39%

GL Fundamentals

GL Revenue

Revenue (TTM)

5.4B

Rev. Growth (Yr)

6.04%

Rev. Growth (Qtr)

2.28%

GL Earnings

Earnings (TTM)

970.8M

Earnings Growth (Yr)

13.39%

Earnings Growth (Qtr)

6.89%

Breaking Down GL Revenue

Last 7 days

-48.2%

Last 30 days

-51.9%

Last 90 days

-53.5%

Trailing 12 Months

-48.0%

How does GL drawdown profile look like?

GL Financial Health

Debt/Equity

0.36

Debt/Cashflow

0.91

GL Investor Care

Dividend Yield

1.61%

Dividend/Share (TTM)

0.9

Buy Backs (1Y)

2.89%

Diluted EPS (TTM)

10.08

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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
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Tracking the Latest Insider Buys and Sells of Globe Life Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 28, 2024
henrie michael shane
acquired
-
-
1,120
svp & chief accounting officer
Feb 28, 2024
mitchell robert brian
acquired
-
-
8,635
evp, general counsel and cro
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
kalmbach thomas peter
sold (taxes)
-375,698
128
-2,926
evp & cfo
Feb 28, 2024
kalmbach thomas peter
acquired
-
-
10,435
evp & cfo
Feb 28, 2024
svoboda frank m
acquired
-
-
16,082
co-chairman & ceo
Feb 28, 2024
haworth jennifer allison
sold (taxes)
-125,190
128
-975
evp & chief marketing officer
Feb 28, 2024
tyler christopher kyle
acquired
-
-
2,070
evp and chief info officer

1–10 of 50

Which funds bought or sold GL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 12, 2024
HARBOR INVESTMENT ADVISORY, LLC
added
0.62
-1,496
37,820
-%
Apr 12, 2024
DNB Asset Management AS
reduced
-17.38
-511,205
1,921,730
0.01%
Apr 12, 2024
AdvisorNet Financial, Inc
new
-
2,677
2,677
-%
Apr 12, 2024
Exchange Bank
unchanged
-
-36,112
785,498
0.65%
Apr 12, 2024
Cohen Klingenstein LLC
unchanged
-
-385,248
8,379,690
0.31%
Apr 11, 2024
Ballentine Partners, LLC
reduced
-90.5
-2,058,120
205,626
-%
Apr 11, 2024
Fortitude Family Office, LLC
unchanged
-
-444
9,659
0.01%
Apr 11, 2024
Gulf International Bank (UK) Ltd
unchanged
-
-41,000
878,000
0.02%
Apr 11, 2024
Bangor Savings Bank
unchanged
-
-5,307
115,439
0.01%
Apr 11, 2024
SALEM INVESTMENT COUNSELORS INC
unchanged
-
-28,890
628,398
0.02%

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

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
Apr 02, 2024
8-K
Current Report
Mar 18, 2024
ARS
ARS
Mar 18, 2024
DEF 14A
DEF 14A
Mar 14, 2024
8-K
Current Report
Feb 29, 2024
4
Insider Trading
Feb 29, 2024
4
Insider Trading
Feb 29, 2024
4
Insider Trading
Feb 29, 2024
4
Insider Trading
Feb 29, 2024
4
Insider Trading
Feb 29, 2024
4
Insider Trading

Peers (Alternatives to Globe Life Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.0T
1.2B
1.59% 3149.83%
-4.8K
823.49
-25.27% -3.53%
50.6B
41.4B
0.03% 31.25%
16.93
1.22
12.15% 5.24%
50.3B
10.1B
-8.31% 15.80%
51.87
5
17.79% -12.97%
49.7B
46.8B
-4.23% 41.99%
13.65
1.06
-14.05% -64.38%
46.3B
18.7B
-4.86% 21.24%
9.94
2.48
-2.30% 5.45%
33.6B
13.6B
-2.29% 27.80%
7.56
2.46
41.83% 201.02%
10.6B
7.8B
-4.77% 5.07%
12.39
1.35
11.18% -5.12%
MID-CAP
9.6B
12.4B
-4.15% 24.78%
7.45
0.77
3.35% -8.77%
9.0B
11.1B
-4.81% 48.51%
13.95
0.81
9.21% 132.28%
4.7B
11.6B
2.95% 33.00%
-6.29
0.41
-38.09% -155.38%
4.4B
2.8B
-1.48% 49.05%
20.79
1.54
100.59% -89.04%
SMALL-CAP
1.6B
1.2B
-7.10% 7.33%
-18.16
1.34
24.25% -115.79%
924.8M
306.9M
-4.35% -6.68%
14.89
3.01
4.11% 11.70%
647.2M
269.0M
-4.79% -5.17%
143.82
2.41
-46.68% -99.14%
43.7M
186.8M
-21.03% -14.06%
-255.33
0.23
-0.56% -111.21%

Globe Life Inc News

Latest updates
MarketWatch6 hours ago
InvestorPlace12 Apr 202406:45 pm
Investopedia11 Apr 202408:35 pm
Investing.com11 Apr 202405:03 pm

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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue2.3%1,4161,3841,3261,3211,3351,2971,2921,3031,2971,2781,2711,2671,2291,1951,1811,1331,1371,1411,1301,1191,065
Gross Profit0.8%323321310305306264307301568220237191225230217229225235224227220
  S&GA Expenses4.7%78.0075.0075.0074.0080.0076.0079.0073.0075.0068.0068.0071.0063.0064.0062.0067.0064.0061.0065.0060.0057.00
EBITDA Margin1.7%0.24*0.23*0.18*0.19*0.19*0.21*0.21*0.21*0.19*0.20*0.21*0.21*---------
Interest Expenses-1.1%26.0026.0026.0025.0025.0024.0022.0020.0020.0021.0022.0021.0021.0022.0023.0021.0021.0021.0021.0021.0024.00
Income Taxes0.3%62.0062.0049.0051.0054.0044.0052.0057.0011642.0046.0040.0046.0043.0039.0037.0040.0046.0042.0043.0039.00
Earnings Before Taxes5.6%337319265274297235276294580231245219250232212203227247229228204
EBT Margin1.9%0.22*0.22*0.17*0.17*0.17*0.20*0.20*0.19*0.18*0.19*0.19*0.19*---------
Net Income6.9%275257215224242191224237604189925-8262041891,339-613187202187185165
Net Income Margin1.9%0.18*0.17*0.14*0.25*0.36*0.38*0.38*0.40*0.12*0.10*0.10*0.19*---------
Free Cashflow37.0%378276309469364351290390370351322356---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets7.0%28,05126,22326,77026,92225,98725,24926,42428,21629,76829,49729,58028,11329,04728,04227,53425,35225,97725,79224,85524,13323,096
    Cash Equivalents20.6%10386.0075.0017293.0086.0017212892.0096.0013882.0095.0080.0011490.0076.0067.0089.0067.00121
  Goodwill0%482482482482482482482482482482442442442442442442442442442442442
Liabilities9.1%23,56521,60022,78923,07622,03721,63923,20425,67121,12520,88820,96320,28120,27619,81719,68618,83218,68318,47918,15518,09017,681
  Short Term Borrowings8.6%486448258514449435495522480394260275255280831458299233257294308
  Long Term Debt-9.4%1,6301,7991,7981,6281,6281,6281,6271,5471,5461,5461,9861,6681,6681,6681,2721,3471,3491,4671,4461,3561,357
    LT Debt, Non Current-9.4%1,6301,7991,7981,6281,6281,6281,6271,5471,5461,5461,9861,6681,6681,6681,2721,3471,3491,3511,353-1,357
Shareholder's Equity-2.9%4,4874,6233,9803,8463,9503,6103,2202,5442,0048,6088,6177,8328,7718,2257,8486,5207,2947,3136,7006,0435,415
  Retained Earnings-0.3%7,5007,5207,2867,0936,8956,6336,4706,3166,1826,3536,1866,0215,8746,0025,8395,6865,5515,6875,5155,3655,213
  Additional Paid-In Capital-2.1%532544536529530541532523521534525516527537528519532538527519524
Shares Outstanding-2.9%102105105105105109109109109113113113---------
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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations36.4%391,397286,887326,811477,330371,807356,997296,257397,133377,658357,983330,209371,830397,818309,314425,748343,554333,699343,538263,352423,285340,358
  Share Based Compensation5.8%8,0047,5677,4867,6799,0479,1208,4489,0355,9747,7768,6347,8889,2378,6678,6329,35611,49511,53311,25610,5599,823
Cashflow From Investing76.5%-98,177-417,835-162,367-247,770-252,166-282,919-132,606-275,324-284,11646,148-405,717-269,685-189,272-31,801-648,982-311,675-240,744-212,211-50,594-305,762193,624
Cashflow From Financing-298.7%-271,731136,776-254,792-151,740-114,656-170,293-122,804-84,700-95,596-450,513135,823-113,317-187,061-309,032253,307-31,271-81,084-153,286-186,657-169,481-500,111
  Dividend Payments-1.0%21,17121,37621,49820,07120,10620,23320,52119,68719,97520,17720,38019,51119,68919,96219,95318,58818,69518,84118,95617,69617,940
  Buy Backs49.8%145,17196,89889,755179,276119,18672,031143,939119,482148,05597,796162,864132,720147,218129,919-166,729125,100104,372119,201110,896123,435

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
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 Mon Apr 15 2024, market cap of Globe Life Inc is 5.23 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 Mon Apr 15 2024, GL's PE ratio (Price to Earnings) is 5.39 and Price to Sales (PS) ratio is 0.96. 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 -0.027 (multiply by 100 for percentage) rate of return.