Globe Life Stock Today
| GL Stock | USD 104.26 0.50 0.48% |
Performance2 of 100
| Odds Of DistressLess than 6
|
Globe Life is selling for 104.26 as of the 9th of December 2024. This is a 0.48 percent decrease since the beginning of the trading day. The stock's lowest day price was 103.0. Globe Life has only a 6 % chance of going through financial distress over the next few years but had a somewhat weak performance during the last 90 days. Note, on September 12, 2024, Senator Susan M Collins of US Senate acquired $15k to $50k worth of Globe Life's common stock.
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. Globe Life Inc. was incorporated in 1979 and is headquartered in McKinney, Texas. The company has 83.95 M outstanding shares of which 2.01 M shares are currently sold short in the market by investors with about 3.19 days to cover all shorted shares. More on Globe Life
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Globe Stock Highlights
| CEO | Bill Leavell |
| Thematic Ideas | (View all Themes) |
| Old Name | Group Lease Public Company Limited |
| Business Concentration | Life & Health Insurance, Insurance - Life, Financial Services, NYSE Composite, SP 500 Index, Warren Buffett Holdings, Insurance, Financials, Insurance, Insurance—Life, Financial Services (View all Sectors) |
| Financial Strength | |
Globe Life (GL) is traded on New York Stock Exchange in USA. It is located in 3700 South Stonebridge Drive, McKinney, TX, United States, 75070-8080 and employs 3,636 people. Globe Life is listed under Life & Health Insurance category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a market capitalization of 8.79 B. Globe Life is active under Insurance sector as part of Financials industry. The entity has 83.95 M outstanding shares of which 2.01 M shares are currently sold short in the market by investors with about 3.19 days to cover all shorted shares.
Globe Life reports about 171.36 M in cash with 1.48 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.76.
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Ownership AllocationGlobe Life has a total of 83.95 Million outstanding shares. The majority of Globe Life outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Globe Life to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Globe Life. Please pay attention to any change in the institutional holdings of Globe Life as this could imply that something significant has changed or is about to change at the company. On September 12, 2024, Senator Susan M Collins of US Senate acquired $15k to $50k worth of Globe Life's common stock.
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Globe Life Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Globe Life market risk premium is the additional return an investor will receive from holding Globe Life long position in a well-diversified portfolio.
| Risk Adjusted Performance | 0.0267 | |||
| Jensen Alpha | 0.0307 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.06) |
Globe Stock Against Markets
Globe Life Corporate Management
| Shane Henrie | Corporate Officer | Profile | |
| Pamela Ramirez | Corporate Senior Vice President - Enterprise Transformation | Profile | |
| James Brannen | Independent Director | Profile | |
| Mary Thigpen | Independent Director | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globe Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Globe Stock please use our How to buy in Globe Stock guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globe Life. If investors know Globe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Globe Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Globe Life is measured differently than its book value, which is the value of Globe that is recorded on the company's balance sheet. Investors also form their own opinion of Globe Life's value that differs from its market value or its book value, called intrinsic value, which is Globe Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globe Life's market value can be influenced by many factors that don't directly affect Globe Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Globe Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globe Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globe Life's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.