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Globe Life Inc GL

Morningstar Rating
$123.93 −0.64 (0.51%)
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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.

Price vs Fair Value

GL is trading at a 4% discount.
Price
$124.51
Fair Value
$231.27
Uncertainty
Low
1-Star Price
$836.40
5-Star Price
$799.73
Economic Moat
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Capital Allocation
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News

Trading Information

Previous Close Price
$124.57
Day Range
$123.53124.75
52-Week Range
$102.23125.02
Bid/Ask
$49.82 / $126.00
Market Cap
$11.66 Bil
Volume/Avg
383,650 / 542,289

Key Statistics

Price/Earnings (Normalized)
12.27
Price/Sales
2.25
Dividend Yield
0.71%
Dividend Yield (Forward)
0.73%
Total Yield
3.86%

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
Mid Value
Total Number of Employees
3,543

Valuation

Metric
GL
Price/Earnings (Normalized)
12.27
Price/Book Value
2.53
Price/Sales
2.25
Price/Cash Flow
8.23
Price/Earnings
GL

Financial Strength

Metric
GL
Quick Ratio
Current Ratio
Interest Coverage
10.46
Quick Ratio
No chart available

Profitability

Metric
GL
Return on Assets (Normalized)
3.77%
Return on Equity (Normalized)
22.57%
Return on Invested Capital (Normalized)
16.07%
Return on Assets
GL

Insurance - Life Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Economic Moat
Market Cap
CILJF
China Life Insurance Co Ltd Class HSrz$93.5 Bil
AAGIY
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AAIGF
AIA Group LtdWblmq$92.8 Bil
PIAIF
Ping An Insurance (Group) Co. of China Ltd Class HYprm$92.8 Bil
PNGAY
Ping An Insurance (Group) Co. of China Ltd ADRHqtq$92.8 Bil
AFL
Aflac IncHtvclx$48.3 Bil
MET
MetLife IncKmbt$47.3 Bil
MFC
Manulife Financial CorpBsnqv$36.0 Bil
PRU
Prudential Financial IncKdl$35.4 Bil
PUK
Prudential PLC ADRLhdtx$29.8 Bil