Globe Life Inc GL
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
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Kaskela Law LLC Announces Shareholder Investigation of Globe Life Inc. (NYSE: GL) and Encourages Long-Term GL Shareholders to Contact the Firm
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Globe Life Supports Mothers and Children in Need
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Sprout Social, Altimmune, Equinix, and Globe Life Investigation Alert: Johnson Fistel, LLP Encourages Long-Term Investors to Reach Out for More Information
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Globe Life Supports Military and First Responders
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Globe Life Inc. Term Loan Amendment
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GLOBE LIFE INC. DECLARES DIVIDEND
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GLOBE LIFE INC. REPORTS SECOND QUARTER 2024 RESULTS
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GL STOCKHOLDER ALERT: Long-term Globe Life Inc. (NYSE:GL) Shareholders are Notified that BFA Law is Investigating the Company and are Urged to Contact the Firm
Trading Information
- Previous Close Price
- $109.60
- Day Range
- $103.02–109.59
- 52-Week Range
- $38.95–132.00
- Bid/Ask
- $102.01 / $107.87
- Market Cap
- $9.38 Bil
- Volume/Avg
- 1.4 Mil / 929,469
Key Statistics
- Price/Earnings (Normalized)
- 9.31
- Price/Sales
- 1.90
- Dividend Yield (Trailing)
- 0.89%
- Dividend Yield (Forward)
- 0.92%
- Total Yield
- 6.22%
Company Profile
Globe Life Inc is an insurance holding company. It provides a variety of life and supplemental health insurance products and annuities to a broad base of customers. The company's core operations are organized into four reportable segments: life insurance, supplemental health insurance, annuities, and investments. Investment activities, conducted by the investment segment, focus on seeking investments with a yield and term appropriate to support the insurance product obligations. These investments generally consist of fixed maturities and, over the long term, the expected yields are considered when setting insurance premium rates and product profitability expectations.
- Sector
- Financial Services
- Industry
- Insurance - Life
- Stock Style Box
- Small Value
- Total Number of Employees
- 3,636
Comparables
Valuation
|
Metric
|
GL
|
PACIFIC1
|
ABL
|
|---|---|---|---|
Price/Earnings (Normalized) | 9.31 | 18.75 | 12.63 |
Price/Book Value | 1.80 | 1.56 | 2.98 |
Price/Sales | 1.90 | 1.15 | 6.90 |
Price/Cash Flow | 7.02 | 9.30 | 74.52 |
Price/Earnings
GL
PACIFIC1
ABL
Financial Strength
|
Metric
|
GL
|
PACIFIC1
|
ABL
|
|---|---|---|---|
Quick Ratio | — | — | 1.82 |
Current Ratio | — | — | 1.84 |
Interest Coverage | 12.58 | 19.04 | 0.78 |
Quick Ratio
GL
PACIFIC1
ABL
Profitability
|
Metric
|
GL
|
PACIFIC1
|
ABL
|
|---|---|---|---|
Return on Assets (Normalized) | 3.86% | 1.50% | 8.96% |
Return on Equity (Normalized) | 22.74% | 8.60% | 17.19% |
Return on Invested Capital (Normalized) | 16.07% | 8.14% | 13.07% |
Return on Assets
GL
PACIFIC1
ABL
Insurance - Life Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
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Capital Allocation
|
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|
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|
|---|---|---|---|---|---|---|
| China Life Insurance Co Ltd Class H
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| Ping An Insurance (Group) Co. of China Ltd ADR
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| MetLife Inc
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| Manulife Financial Corp
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| Prudential PLC ADR
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United States