Globe Life Inc. (GL)
Stock Price:
$82.68 USD
2.35 (2.93%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed
Key Info
| Market Cap |
8.80B |
| Revenue (ttm) |
4.59B |
| Net Income (ttm) |
727.47M |
| Shares Out |
107.40M |
| EPS (ttm) |
6.83 |
| PE Ratio |
12.11 |
| Forward PE |
12.45 |
| Dividend |
$0.75 |
| Dividend Yield |
0.91% |
Stock Quote
| Trading Day |
Aug 7, 2020 |
| Last Price |
$82.68 |
| Previous Close |
$80.33 |
| Change ($) |
2.35 |
| Change (%) |
2.93% |
| Day's Open |
79.91 |
| Day's Range |
79.81 - 82.80 |
| Day's Volume |
431,380 |
| 52-Week Range |
56.74 - 111.43 |
More Stats
| Market Cap |
8.80B |
| Enterprise Value |
10.79B |
| Earnings Date (est) |
Oct 27, 2020 |
| Ex-Dividend Date |
Jul 2, 2020 |
| Shares Outstanding |
107.40M |
| Float |
97.52M |
| EPS (basic) |
6.65 |
| EPS (diluted) |
6.83 |
| FCF / Share |
13.21 |
| Dividend |
$0.75 |
| Dividend Yield |
0.91% |
| Earnings Yield |
8.26% |
| FCF Yield |
15.97% |
| Payout Ratio |
10.60% |
| Shares Short |
1.46M |
| Short Ratio |
2.37 |
| Short % of Float |
1.59% |
| Beta |
1.10 |
| PE Ratio |
12.11 |
| Forward PE |
12.45 |
| P/FCF Ratio |
6.26 |
| PS Ratio |
1.92 |
| PB Ratio |
1.31 |
| Revenue |
4.59B |
| Operating Income |
974.80M |
| Net Income |
727.47M |
| Free Cash Flow |
1.41B |
| Net Cash |
-1.99B |
| Net Cash / Share |
-18.69 |
| Gross Margin |
28.76% |
| Operating Margin |
21.23% |
| Profit Margin |
15.80% |
| FCF Margin |
30.62% |
| ROA |
2.53% |
| ROE |
11.80% |
| ROIC |
3.60% |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (7)
| Buy |
2 |
| Overweight |
0 |
| Hold |
4 |
| Underweight |
0 |
| Sell |
1 |
Analyst Consensus: Overweight
Price Target
$90.43*
(9.37% upside)
Low
80.0
Current: $82.68
High
109.0
Target: 90.43
*Average 12-month price target from 7 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 4,528 | 4,304 | 4,156 | 3,935 | 3,766 | 3,620 | 3,494 | 3,590 | 3,377 | 3,368 |
| Revenue Growth | 5.2% | 3.57% | 5.62% | 4.48% | 4.03% | 3.6% | -2.65% | 6.28% | 0.29% | - |
| Gross Profit | 2,170 | 2,029 | 1,928 | 1,806 | 1,750 | 1,717 | 1,655 | 1,634 | 1,584 | 1,575 |
| Operating Income | 1,016 | 954 | 915 | 856 | 843 | 861 | 836 | 847 | 802 | 826 |
| Net Income | 761 | 701 | 1,454 | 550 | 527 | 543 | 528 | 529 | 497 | 499 |
| Shares Outstanding | 108 | 112 | 115 | 119 | 123 | 129 | 136 | 142 | 153 | 180 |
| Earnings Per Share | 6.97 | 6.22 | 12.50 | 4.58 | 4.21 | 4.15 | 3.84 | 3.60 | 3.02 | 2.70 |
| EPS Growth | 12.06% | -50.24% | 172.93% | 8.79% | 1.45% | 8.07% | 6.67% | 19.21% | 11.85% | - |
| Dividend Per Share | 0.68 | 0.63 | 0.59 | 0.56 | 0.41 | 0.51 | 0.55 | 0.38 | 0.30 | 0.27 |
| Dividend Growth | 7.46% | 6.78% | 6.31% | 37.04% | -20.12% | -8.32% | 45.53% | 28.38% | 9.23% | - |
| Operating Cash Flow | 1,364 | 1,278 | 1,429 | 1,399 | 1,120 | 865 | 1,119 | 943 | 859 | 1,029 |
| Capital Expenditures | -42.20 | -45.09 | -20.29 | -25.16 | -36.96 | -10.62 | -10.60 | -4.61 | -2.30 | -9.10 |
| Free Cash Flow | 1,322 | 1,233 | 1,409 | 1,374 | 1,083 | 854 | 1,109 | 938 | 857 | 1,019 |
| Cash & Equivalents | 75.93 | 121 | 119 | 76.16 | 61.38 | 66.02 | 36.94 | 61.71 | 84.11 | 366 |
| Total Debt | 1,648 | 1,665 | 1,460 | 1,398 | 1,234 | 1,231 | 1,220 | 1,309 | 1,015 | 989 |
| Net Cash / Debt | -1,572 | -1,544 | -1,342 | -1,321 | -1,172 | -1,165 | -1,183 | -1,247 | -931 | -623 |
| Assets | 25,977 | 23,096 | 23,475 | 21,436 | 19,853 | 20,272 | 18,192 | 18,777 | 16,588 | 16,160 |
| Liabilities | 18,683 | 17,681 | 17,244 | 16,869 | 15,798 | 15,575 | 14,415 | 14,415 | 12,729 | 12,144 |
| Book Value | 7,294 | 5,415 | 6,231 | 4,567 | 4,056 | 4,697 | 3,776 | 4,362 | 3,860 | 4,016 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Globe Life Inc. |
| Country |
United States |
| Employees |
3,196 |
| CEO |
Gary L. Coleman / Larry M. Hutchison |
Stock Information
| Ticker Symbol |
GL |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Financial Services |
| Industry |
Insurance—Life |
| Unique Identifier |
NYSE: GL |
Description
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 term life, whole life, children's life, senior life, and family life insurance products; accidental benefits insurance; mortgage protection insurance; and medicare supplement 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 based in McKinney, Texas.