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.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if GL is a good fit for your portfolio.
News
-
GLOBAL LIFE ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Global Life, Inc. and Encourages Investors to Contact the Firm
-
Kirby McInerney LLP Reminds Globe Life Inc. (GL) Investors of Class Action Filing and Encourages Investors to Contact the Firm
-
GL Class Action Alert: Robbins LLP Reminds Investors of the Lead Plaintiff Deadline in the Class Action Against Globe Life, Inc.
-
Globe Life Inc. f/k/a Torchmark Corporation Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before July 1, 2024 to Discuss Your Rights - GL
-
SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Globe Life Inc. - GL
-
GLOBE LIFE SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Globe Life Inc. - GL
-
ROSEN, A LEADING LAW FIRM, Encourages Globe Life Inc. f/k/a Torchmark Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action – GL
-
GL Investors Have Opportunity to Lead Globe Life Inc. Securities Fraud Lawsuit
Trading Information
- Previous Close Price
- $86.50
- Day Range
- $84.71–87.63
- 52-Week Range
- $38.95–132.00
- Bid/Ask
- $84.86 / $85.00
- Market Cap
- $7.86 Bil
- Volume/Avg
- 1.6 Mil / 3.0 Mil
Key Statistics
- Price/Earnings (Normalized)
- 7.84
- Price/Sales
- 1.54
- Dividend Yield (Trailing)
- 1.06%
- Dividend Yield (Forward)
- 1.11%
- Total Yield
- 4.17%
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
|
KCLI
|
CNO
|
---|---|---|---|
Price/Earnings (Normalized) | 7.84 | 31.96 | 9.06 |
Price/Book Value | 1.59 | 0.59 | 1.30 |
Price/Sales | 1.54 | 0.70 | 0.75 |
Price/Cash Flow | 6.01 | 28.54 | 19.85 |
Price/Earnings
GL
KCLI
CNO
Financial Strength
Metric
|
GL
|
KCLI
|
CNO
|
---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | 12.64 | — | 3.06 |
Quick Ratio
No chart available
Profitability
Metric
|
GL
|
KCLI
|
CNO
|
---|---|---|---|
Return on Assets (Normalized) | 3.67% | 0.18% | 1.14% |
Return on Equity (Normalized) | 22.80% | 1.72% | 18.55% |
Return on Invested Capital (Normalized) | 15.96% | 1.25% | 9.41% |
Return on Assets
GL
KCLI
CNO
Insurance - Life Industry Comparables
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|
PNGAY
| Ping An Insurance (Group) Co. of China Ltd ADR | — | Mkkj | $102.7 Bil | |
PIAIF
| Ping An Insurance (Group) Co. of China Ltd Class H | Zjqbqdpsl | Kbvym | $102.7 Bil | |
CILJF
| China Life Insurance Co Ltd Class H | — | Ttkb | $101.9 Bil | |
AAGIY
| AIA Group Ltd ADR | — | Yyrgh | $92.6 Bil | |
AAIGF
| AIA Group Ltd | — | Lzz | $92.6 Bil | |
MET
| MetLife Inc | Hzvrwpjm | Zdwq | $51.5 Bil | |
AFL
| Aflac Inc | Sktdqzd | Gxjjbqk | $48.8 Bil | |
MFC
| Manulife Financial Corp | Xlhqscmyy | Qbvw | $46.1 Bil | |
PRU
| Prudential Financial Inc | Ngzxrhsj | Hzvlp | $41.9 Bil | |
PUK
| Prudential PLC ADR | Ltlvwby | Fpdt | $27.2 Bil |