Globe Life Inc

Company Profile

Globe Life Inc had its IPO on 1987-12-30 under the ticker symbol GL.

The company operates in the Financial Services sector and Insurance-Life industry. Globe Life Inc has a staff strength of 3,543 employees.

Stock update

Shares of Globe Life Inc opened at $109.22 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $109.11 - $110.57, and closed at $110.13.

This is a +0.94% increase from the previous day's closing price.

A total volume of 471,431 shares were traded at the close of the day’s session.

In the last one week, shares of Globe Life Inc have slipped by -1.18%.

Globe Life Inc's Key Ratios

Globe Life Inc has a market cap of $10.57 billion, indicating a price to book ratio of 2.6334 and a price to sales ratio of 2.1789.

In the last 12-months Globe Life Inc’s revenue was $5.27 billion with a gross profit of $1.35 billion and an EBITDA of $997.73 million. The EBITDA ratio measures Globe Life Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Globe Life Inc’s operating margin was 18.53% while its return on assets stood at 2.31% with a return of equity of 15.42%.

In Q2, Globe Life Inc’s quarterly earnings growth was a negative -0.9% while revenue growth was a positive 2.7%.

Globe Life Inc’s PE and PEG Ratio

Forward PE

12.7065

Trailing PE

15.1427

PEG

Its diluted EPS in the last 12-months stands at $7.36 per share while it has a forward price to earnings multiple of 12.7065 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Globe Life Inc’s profitability.

Globe Life Inc stock is trading at a EV to sales ratio of 2.5941 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 2.1789.

Globe Life Inc stock pays annual dividends of $0.865 per share, indicating a yield of 0.81% and a payout ratio of 9.08%.

Balance sheet and cash flow metrics

Total Assets

$26.71 billion

Total Liabilities

$258.23 million

Operating Cash Flow

$-162367000.00

Capital Expenditure

$17.42 million

Dividend Payout Ratio

9.08%

Globe Life Inc ended 2024 with $26.71 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $26.71 billion while shareholder equity stood at $3.98 billion.

Globe Life Inc ended 2024 with $0 in deferred long-term liabilities, $258.23 million in other current liabilities, 105218000.00 in common stock, $7.29 billion in retained earnings and $481.79 million in goodwill. Its cash balance stood at $75.01 million and cash and short-term investments were $17.18 billion. The company’s total short-term debt was $258,232,000 while long-term debt stood at $1.80 billion.

Globe Life Inc’s total current assets stands at $747.93 million while long-term investments were $19.02 billion and short-term investments were $17.10 billion. Its net receivables were $601.79 million compared to accounts payable of $404.48 million and inventory worth $0.

In 2024, Globe Life Inc's operating cash flow was $-162367000.00 while its capital expenditure stood at $17.42 million.

Comparatively, Globe Life Inc paid $0.09 in dividends in 2024.

Other key metrics

Current Trading Price

$110.13

52-Week High

$123.342

52-Week Low

$97.0708

Analyst Target Price

$126.11

Globe Life Inc stock is currently trading at $110.13 per share. It touched a 52-week high of $123.342 and a 52-week low of $123.342. Analysts tracking the stock have a 12-month average target price of $126.11.

Its 50-day moving average was $112.05 and 200-day moving average was $112.82 The short ratio stood at 2.09 indicating a short percent outstanding of 0%.

Around 219% of the company’s stock are held by insiders while 8524.3% are held by institutions.