GL - Globe Life - Stock Price & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US37959E1029

Life Insurance, Supplemental Health Insurance, Annuities

Globe Life Inc. is a leading provider of life and supplemental health insurance products, as well as annuities, specifically catering to lower middle- and middle-income families in the United States. Through its subsidiaries, the company offers a diverse range of products and services that aim to provide financial security and protection to its customers.

The company operates through four distinct segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. Its life insurance products include whole, term, and other types of insurance that help families prepare for the unexpected. Additionally, Globe Life offers a variety of supplemental health insurance products, such as accident, cancer, critical illness, heart, and intensive care plans, which provide extra financial protection against unexpected medical expenses.

Globe Life's annuity offerings include single-premium and flexible-premium deferred annuities, which allow customers to invest in their future and generate a steady income stream in retirement. The company's products are sold through a diverse distribution network, comprising a direct-to-consumer division, exclusive agencies, and independent agents, making it easily accessible to customers across the country.

With a rich history dating back to 1900, Globe Life Inc. has undergone significant transformations, including a name change from Torchmark Corporation to its current name in August 2019. Headquartered in McKinney, Texas, the company remains committed to its mission of providing affordable and reliable insurance products to American families. For more information, customers can visit the company's website at https://www.home.globelifeinsurance.com.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for GL - Globe Life  - Stock Price & Dividends

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for GL - Globe Life  - Stock Price & Dividends

GL Stock Overview

Market Cap in USD 8,264m
Sector Financial Services
Industry Insurance - Life
GiC SubIndustry Life & Health Insurance
TER 0.00%
IPO / Inception 1987-12-30

GL Stock Ratings

Growth 5y 13.5
Fundamental 30.6
Dividend 51.9
Rel. Performance vs Sector -4.24
Analysts 3.78/5
Fair Price Momentum 99.12 USD
Fair Price DCF 372.98 USD

GL Dividends

Dividend Yield 12m 1.03%
Yield on Cost 5y 1.06%
Dividends CAGR 5y 5.43%
Payout Consistency 92.2%

GL Growth Ratios

Growth 12m -18.43%
Growth Correlation 12m -15%
Growth Correlation 3m 28%
CAGR 5y 0.59%
CAGR/Mean DD 5y 0.05
Sharpe Ratio 12m -0.37
Alpha vs SP500 12m -41.02
Beta vs SP500 5y weekly 1.11
ValueRay RSI 91.39
Volatility GJR Garch 1y 20.18%
Price / SMA 50 8.35%
Price / SMA 200 -13.46%
Current Volume 998.4k
Average Volume 20d 961.5k

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What is the price of GL stocks?
As of July 27, 2024, the stock is trading at USD 90.69 with a total of 998,446 shares traded.
Over the past week, the price has changed by +2.75%, over one month by +9.31%, over three months by +20.07% and over the past year by -18.42%.
What are the forecast for GL stock price target?
According to ValueRays Forecast Model, GL Globe Life will be worth about 108.4 in July 2025. The stock is currently trading at 90.69. This means that the stock has a potential upside of +19.57%.
Issuer Forecast Upside
Wallstreet Target Price 100.1 10.4
Analysts Target Price 126.6 39.6
ValueRay Target Price 108.4 19.6