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Globe Life Inc (GL) is a leading insurance-life business with stocks listed in the US. It opened the day at US$103.81 after a previous close of US$103.55. During the day the price has varied from a low of USD103.26 to a high of USD104.29. The latest price was USD104.16 (25 minute delay). Globe Life is listed on the NYSE. All prices are listed in US Dollars.
How to buy shares in Globe Life
- Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for Globe Life. Find the share by name or ticker symbol: GL. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Globe Life reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$106.49, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Globe Life, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Globe Life. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- Globe Life key stats
- Compare share trading platforms
- Is Globe Life stock a buy or sell?
- Globe Life performance over time
- Can I short Globe Life shares?
- Is Globe Life suitable for ethical investing?
- Are Globe Life shares over-valued?
- Globe Life's financials
- How volatile are Globe Life shares?
- Does Globe Life pay a dividend?
- Have Globe Life shares ever split?
- Other common questions
Globe Life share priceUse our graph to track the performance of GL stocks over time.
Globe Life shares at a glance
|52-week range||US$69.0335 - US$108.22|
|50-day moving average||US$104.7006|
|200-day moving average||US$98.2263|
|Dividend yield||US$0.69 (0.66%)|
|Earnings per share (TTM)||US$6.83|
Compare share trading platforms to buy stock
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Globe Life stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Globe Life price performance over time
|1 month (2021-05-12)||2.00%|
|3 months (2021-03-12)||2.73%|
|6 months (2020-12-11)||11.16%|
|1 year (2020-06-12)||37.23%|
|2 years (2019-06-12)||17.76%|
|3 years (2018-06-12)||23.09%|
|5 years (2016-06-10)||73.08%|
Is Globe Life under- or over-valued?
Valuing Globe Life stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Globe Life's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Globe Life's P/E ratio
Globe Life's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 15x. In other words, Globe Life shares trade at around 15x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Globe Life's EBITDA
Globe Life's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$1 billion.
The EBITDA is a measure of a Globe Life's overall financial performance and is widely used to measure a its profitability.
Globe Life financials
|Revenue TTM||US$4.9 billion|
|Operating margin TTM||20.62%|
|Gross profit TTM||US$1.3 billion|
|Return on assets TTM||2.35%|
|Return on equity TTM||10.38%|
|Market capitalisation||US$10.9 billion|
TTM: trailing 12 months
Shorting Globe Life shares
There are currently 895,983 Globe Life shares held short by investors – that's known as Globe Life's "short interest". This figure is 10% up from 814,536 last month.
There are a few different ways that this level of interest in shorting Globe Life shares can be evaluated.
Globe Life's "short interest ratio" (SIR)
Globe Life's "short interest ratio" (SIR) is the quantity of Globe Life shares currently shorted divided by the average quantity of Globe Life shares traded daily (recently around 365707.34693878). Globe Life's SIR currently stands at 2.45. In other words for every 100,000 Globe Life shares traded daily on the market, roughly 2450 shares are currently held short.
However Globe Life's short interest can also be evaluated against the total number of Globe Life shares, or, against the total number of tradable Globe Life shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Globe Life's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Globe Life shares in existence, roughly 10 shares are currently held short) or 0.0099% of the tradable shares (for every 100,000 tradable Globe Life shares, roughly 10 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Globe Life.
Find out more about how you can short Globe Life stock.
Globe Life's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Globe Life.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Globe Life's total ESG risk score
Total ESG risk: 26.98
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Globe Life's overall score of 26.98 (as at 12/31/2018) is pretty good – landing it in it in the 38th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Globe Life is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Globe Life's environmental score
Environmental score: 5.59/100
Globe Life's environmental score of 5.59 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Globe Life is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Globe Life's social score
Social score: 16.11/100
Globe Life's social score of 16.11 puts it squarely in the 8th percentile of companies rated in the same sector. This could suggest that Globe Life is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Globe Life's governance score
Governance score: 16.77/100
Globe Life's governance score puts it squarely in the 8th percentile of companies rated in the same sector. That could suggest that Globe Life is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Globe Life's controversy score
Controversy score: 1/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Globe Life scored a 1 out of 5 for controversy – the highest score possible, reflecting that Globe Life has managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
|Total ESG score||26.98|
|Total ESG percentile||38.22|
|Environmental score percentile||8|
|Social score percentile||8|
|Governance score percentile||8|
|Level of controversy||1|
Globe Life share dividends
Dividend payout ratio: 11.69% of net profits
Recently Globe Life has paid out, on average, around 11.69% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.75% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Globe Life shareholders could enjoy a 0.75% return on their shares, in the form of dividend payments. In Globe Life's case, that would currently equate to about $0.69 per share.
While Globe Life's payout ratio might seem low, this can signify that Globe Life is investing more in its future growth.
Globe Life's most recent dividend payout was on 29 July 2021. The latest dividend was paid out to all shareholders who bought their shares by 30 June 2021 (the "ex-dividend date").
Have Globe Life's shares ever split?
Globe Life's shares were split on a 3:2 basis on 1 July 2014. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Globe Life shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Globe Life shares which in turn could have impacted Globe Life's share price.
Globe Life share price volatility
Over the last 12 months, Globe Life's shares have ranged in value from as little as US$69.0335 up to US$108.22. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Globe Life's is 1.1413. This would suggest that Globe Life's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Globe Life overview
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 whole life, term life, and other life insurance products; Medicare supplement and supplemental health insurance, such as critical illness and accident plans; and single-premium and flexible-premium deferred annuities. 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 headquartered in McKinney, Texas.
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