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NYSE: GL
Globe Life Inc Stock

$86.88-2.61 (-2.92%)
Updated May 9, 2024
GL Price
$86.88
Fair Value Price
N/A
Market Cap
$8.02B
52 Week Low
$38.95
52 Week High
$132.00
P/E
8.19x
P/B
1.59x
P/S
1.97x
PEG
2.35x
Dividend Yield
1.05%
Revenue
$5.54B
Earnings
$1.00B
Gross Margin
47.9%
Operating Margin
24.2%
Profit Margin
18.1%
Debt to Equity
4.67
Operating Cash Flow
$1B
Beta
1
Next Earnings
N/A
Ex-Dividend
Jul 5, 2024
Next Dividend
Aug 1, 2024

GL Overview

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 life, term life, and other life insurance products; and medicare supplement and supplemental health insurance, such as critical illness and accident plans. 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.

Zen Score

Industry Average (32)
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Due Diligence Checks

GL ($86.88) is trading above its intrinsic value of $71.19, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
GL is good value based on its earnings relative to its share price (8.19x), compared to the US market average (29.92x)
P/E vs Market Valuation
GL is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more GL due diligence checks available for Premium users.

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GL News

Valuation

GL price to earnings (PE)

For valuing profitable companies with steady earnings
Company
8.19x
Industry
13.9x
Market
29.92x
GL is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
GL is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

GL price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.59x
Industry
1.43x
GL is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

GL price to earnings growth (PEG)

For valuing profitable companies with growth potential
GL is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

GL's financial health

Profit margin

Revenue
$1.4B
Net Income
$254.2M
Profit Margin
18%
GL's Earnings (EBIT) of $1.34B... subscribe to Premium to read more.
Interest Coverage Financials
GL's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$28.6B
Liabilities
$23.5B
Debt to equity
4.67
GL's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
GL's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$350.8M
Investing
-$731.9M
Financing
$357.0M
GL's operating cash flow ($1.36B)... subscribe to Premium to read more.
Debt Coverage Financials

GL vs Property & Casualty Insurance Stocks

TickerMarket Cap1d %P/EP/B
GL$8.02B-2.92%8.19x1.59x
PRI$7.59B+1.08%13.41x3.47x
UNM$9.97B+0.17%7.78x0.98x
JXN$6.00B+7.14%2.00x0.59x
FG$5.06B-1.16%-85.17x1.63x

Globe Life Stock FAQ

What is Globe Life's quote symbol?

(NYSE: GL) Globe Life trades on the NYSE under the ticker symbol GL. Globe Life stock quotes can also be displayed as NYSE: GL.

If you're new to stock investing, here's how to buy Globe Life stock.

What is the 52 week high and low for Globe Life (NYSE: GL)?

(NYSE: GL) Globe Life's 52-week high was $132.00, and its 52-week low was $38.95. It is currently -34.18% from its 52-week high and 123.06% from its 52-week low.

How much is Globe Life stock worth today?

(NYSE: GL) Globe Life currently has 92,269,711 outstanding shares. With Globe Life stock trading at $86.88 per share, the total value of Globe Life stock (market capitalization) is $8.02B.

Globe Life stock was originally listed at a price of $18.75 in Dec 31, 1997. If you had invested in Globe Life stock at $18.75, your return over the last 26 years would have been 363.34%, for an annualized return of 6.07% (not including any dividends or dividend reinvestments).

How much is Globe Life's stock price per share?

(NYSE: GL) Globe Life stock price per share is $86.88 today (as of May 9, 2024).

What is Globe Life's Market Cap?

(NYSE: GL) Globe Life's market cap is $8.02B, as of May 11, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Globe Life's market cap is calculated by multiplying GL's current stock price of $86.88 by GL's total outstanding shares of 92,269,711.
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