Home » Stocks » Globe Life

Globe Life Inc. (GL)

Stock Price: $82.68 USD 2.35 (2.93%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed

Stock Price Chart

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

Year2019201820172016201520142013201220112010
Revenue4,5284,3044,1563,9353,7663,6203,4943,5903,3773,368
Revenue Growth5.2%3.57%5.62%4.48%4.03%3.6%-2.65%6.28%0.29%-
Gross Profit2,1702,0291,9281,8061,7501,7171,6551,6341,5841,575
Operating Income1,016954915856843861836847802826
Net Income7617011,454550527543528529497499
Shares Outstanding108112115119123129136142153180
Earnings Per Share6.976.2212.504.584.214.153.843.603.022.70
EPS Growth12.06%-50.24%172.93%8.79%1.45%8.07%6.67%19.21%11.85%-
Dividend Per Share0.680.630.590.560.410.510.550.380.300.27
Dividend Growth7.46%6.78%6.31%37.04%-20.12%-8.32%45.53%28.38%9.23%-
Operating Cash Flow1,3641,2781,4291,3991,1208651,1199438591,029
Capital Expenditures-42.20-45.09-20.29-25.16-36.96-10.62-10.60-4.61-2.30-9.10
Free Cash Flow1,3221,2331,4091,3741,0838541,1099388571,019
Cash & Equivalents75.9312111976.1661.3866.0236.9461.7184.11366
Total Debt1,6481,6651,4601,3981,2341,2311,2201,3091,015989
Net Cash / Debt-1,572-1,544-1,342-1,321-1,172-1,165-1,183-1,247-931-623
Assets25,97723,09623,47521,43619,85320,27218,19218,77716,58816,160
Liabilities18,68317,68117,24416,86915,79815,57514,41514,41512,72912,144
Book Value7,2945,4156,2314,5674,0564,6973,7764,3623,8604,016
Numbers in millions USD, except per-share numbers.

Company Profile

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.