Globe Life Inc. (GL)

NYSE: GL · IEX Real-Time Price · USD
99.16
+4.39 (4.63%)
Jun 24, 2022 4:00 PM EDT - Market closed
4.63%
Market Cap 9.78B
Revenue (ttm) 5.15B
Net Income (ttm) 730.80M
Shares Out 98.60M
EPS (ttm) 7.17
PE Ratio 13.84
Forward PE 11.83
Dividend $0.81 (0.82%)
Ex-Dividend Date Jul 1, 2022
Volume 1,154,820
Open 95.74
Previous Close 94.77
Day's Range 95.36 - 99.40
52-Week Range 85.25 - 108.61
Beta 0.96
Analysts Buy
Price Target 109.37 (+10.3%)
Earnings Date Jul 20, 2022

About 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 life, term life, and other life insurance products; Medicare supplement and supplemental health insurance, such as critical illness and accident plans; and single-premium and flexible-premium deferred annuities. The company wa... [Read more...]

Industry Insurance
Employees 3,222
Stock Exchange NYSE
Ticker Symbol GL
Full Company Profile

Financial Performance

In 2021, Globe Life's revenue was $5.11 billion, an increase of 7.91% compared to the previous year's $4.74 billion. Earnings were $744.96 million, an increase of 1.80%.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for GL stock is "Buy." The 12-month stock price forecast is 109.37, which is an increase of 10.30% from the latest price.

Price Target
$109.37
(10.30% upside)
Analyst Consensus: Buy
Stock Forecasts

News

GLOBE LIFE HELPS MAKE TOMORROW BETTER FOR LEND A HAND BAHAMAS

MCKINNEY, Texas , June 20, 2022 /PRNewswire/ -- Globe Life Liberty National Division raised $66,036 as part of their inaugural Make Tomorrow Better Award competition, with all proceeds going to Lend a H...

GLOBE LIFE INC. DECLARES DIVIDEND

MCKINNEY, Texas , May 17, 2022 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) announced that its Board of Directors has declared a quarterly dividend of $0.2075 per share on all of the outstanding common st...

The Top 10 Stocks Helping Warren Buffett Beat the Market

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5 Undervalued Buffett Stocks Ahead of Annual Meeting

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Other symbols: BKDVAUPSWFC

GLOBE LIFE INC. ANNOUNCES 2022 ANNUAL MEETING OF SHAREHOLDERS

MCKINNEY, Texas , April 27, 2022 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) announces the following webcast: What:   Globe Life Inc. 2022 Annual Meeting of Shareholders When:  April 28, 2022 @ 11 AM Eas...

Globe Life Announces Executive Promotions

MCKINNEY, Texas , April 20, 2022 /PRNewswire/ -- Globe Life Inc. (NYSE:GL) announced today the promotions of Frank Svoboda and Matt Darden to the newly created titles of Senior Executive Vice President ...

Globe Life Inc. Reports First Quarter 2022 Results

MCKINNEY, Texas , April 20, 2022 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) reported today that for the quarter ended March 31, 2022, net income was $1.64 per diluted common share, compared with $1.70 p...

GLOBE LIFE INC. ANNOUNCES FIRST QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL

MCKINNEY, Texas , April 13, 2022 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) will release First Quarter 2022 earnings after the market closes on Wednesday, April 20, 2022.  At that time a copy of the Com...

The Yield Curve Is Lighting a Fire Under Insurance Stocks

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Other symbols: AFLLNCMETMFCPRU

GLOBE LIFE INC. HAS PUBLISHED 2021 ENVIRONMENTAL, SOCIAL, AND GOVERNANCE (ESG) REPORT

MCKINNEY, Texas, March 22, 2022 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) announced today that it has published its 2021 ESG report. This report can be accessed through the following link: https://inve...

GLOBE LIFE INC. TO PRESENT AT BANK OF AMERICA SECURITIES 2022 VIRTUAL INSURANCE CONFERENCE

MCKINNEY, Texas, Feb. 7, 2022 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) announced today that its Co-Chief Executive Officers Gary Coleman and Larry Hutchison and Chief Financial Officer Frank Svoboda w...

Globe Life Inc. Reports Fourth Quarter 2021 Results

MCKINNEY, Texas, Feb. 2, 2022 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) reported today that for the quarter ended December 31, 2021, net income was $1.76 per diluted common share, compared with $1.93 p...

GLOBE LIFE INC. ANNOUNCES FOURTH QUARTER 2021 EARNINGS RELEASE AND CONFERENCE CALL

MCKINNEY, Texas, Jan. 26, 2022 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) will release Fourth Quarter 2021 earnings after the market closes on Wednesday, February 2, 2022.  At that time a copy of the Co...

4 Warren Buffett Stocks Trading Near 52-Week Lows

As investors grapple with market volatility over the new coronavirus variant, four stocks in Berkshire Hathaway Inc. ( BRK.A , Financial)( BRK.B , Financial) CEO Warren Buffett (Trades, Portfolio)'s equ...

Other symbols: DVAMAVVZ

Globe Life Inc. Declares Dividend And Announces Election Of Two New Board Members

MCKINNEY, Texas, Nov. 4, 2021 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) announced that its Board of Directors has declared a quarterly dividend of $0.1975 per share on all of the outstanding common sto...

Globe Life Inc. Reports Third Quarter 2021 Results

MCKINNEY, Texas, Oct. 20, 2021 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) reported today that for the quarter ended September 30, 2021, net income was $1.84 per diluted common share, compared with $1.76...

Globe Life Inc. Announces Third Quarter 2021 Earnings Release And Conference Call

MCKINNEY, Texas, Oct. 18, 2021 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) will release Third Quarter 2021 earnings after the market closes on Wednesday, October 20, 2021.  At that time a copy of the Com...

Globe Life Acquires Beazley Benefits

MCKINNEY, Texas, Aug. 2, 2021 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) announced it has acquired Beazley Benefits. Prior to the acquisition, Beazley Benefits was a part of Beazley Insurance Company, I...

Globe Life: Q2 Earnings Insights

Shares of Globe Life (NYSE:GL) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 12.12% year over year to $1.85, which beat the esti...

Globe Life Inc. Reports Second Quarter 2021 Results

MCKINNEY, Texas, July 21, 2021 /PRNewswire/ --Globe Life Inc. (NYSE: GL) reported today that for the quarter ended June 30, 2021, net income was $1.92 per diluted common share, compared with $1.62 per d...

Earnings Outlook For Globe Life

Globe Life (NYSE:GL) announces its next round of earnings this Wednesday, July 21. Here is Benzinga's everything-that-matters guide for this Wednesday's Q2 earnings announcement.

Globe Life Inc. Announces Second Quarter 2021 Earnings Release And Conference Call

MCKINNEY, Texas, July 13, 2021 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) will release Second Quarter 2021 earnings after the market closes on Wednesday, July 21, 2021. At that time a copy of the Compan...

4 Warren Buffett Holdings Trading at Low Price-to-Free Cash Flow Ratios

According to the All-in-One Screener, a Premium feature of GuruFocus, four stocks in Berkshire Hathaway Inc.'s ( BRK.A , Financial)( BRK.B , Financial) equity portfolio that have high profitability and ...

Other symbols: ABBVDVAKR

AM Best Assigns Issue Credit Rating to Globe Life Inc.'s New Junior Subordinated Notes

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Long-Term Issue Credit Rating of “bbb-” (Good) to the newly issued $325 million 4.25% junior subordinated debentures, due June 15, 206...

Globe Life Inc. Redemption Of 6.125% Junior Subordinated Debentures Due 2056

MCKINNEY, Texas, June 15, 2021 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) will redeem all of its outstanding 6.125% Junior Subordinated Debentures due 2056 on July 15, 2021. There are $300,000,000 princ...