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Globe Life Inc (NYSE: GL) closed the day trading at $120.57 up 1.08% from the previous closing price of $119.28. In other words, the price has increased by $1.08 from its previous closing price. On the day, 0.62 million shares were traded. GL stock price reached its highest trading level at $121.1175 during the session, while it also had its lowest trading level at $118.91.
Ratios:
For a better understanding of GL, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.43.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BMO Capital Markets on January 23, 2025, initiated with a Market Perform rating and assigned the stock a target price of $114.
On January 08, 2025, Evercore ISI Upgraded its rating to Outperform which previously was In-line and also upped its target price recommendation from $132 to $143.
On October 09, 2024, TD Cowen started tracking the stock assigning a Buy rating and target price of $150.TD Cowen initiated its Buy rating on October 09, 2024, with a $150 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 12 ’25 when Zorn Rebecca E sold 10,000 shares for $121.09 per share. The transaction valued at 1,210,857 led to the insider holds 13,649 shares of the business.
Rebecca Zorn bought 10,000 shares of GL for $1,210,857 on May 12 ’25. On Mar 19 ’25, another insider, HENRIE MICHAEL SHANE, who serves as the SVP & Chief Accounting Officer of the company, sold 2,750 shares for $126.41 each. As a result, the insider received 347,641 and left with 3,040 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GL now has a Market Capitalization of 10036584448 and an Enterprise Value of 12754695168. As of this moment, Globe’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.81, and their Forward P/E ratio for the next fiscal year is 8.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.70 while its Price-to-Book (P/B) ratio in mrq is 1.84. Its current Enterprise Value per Revenue stands at 2.183 whereas that against EBITDA is 8.405.
Stock Price History:
The Beta on a monthly basis for GL is 0.56, which has changed by 0.4008366 over the last 52 weeks, in comparison to a change of 0.11571348 over the same period for the S&P500. Over the past 52 weeks, GL has reached a high of $133.76, while it has fallen to a 52-week low of $76.55. The 50-Day Moving Average of the stock is -2.42%, while the 200-Day Moving Average is calculated to be 6.95%.
Shares Statistics:
Over the past 3-months, GL traded about 716.88K shares per day on average, while over the past 10 days, GL traded about 667220 shares per day. A total of 82.92M shares are outstanding, with a floating share count of 81.89M. Insiders hold about 0.80% of the company’s shares, while institutions hold 84.04% stake in the company. Shares short for GL as of 1745971200 were 1294797 with a Short Ratio of 1.81, compared to 1743379200 on 1223002. Therefore, it implies a Short% of Shares Outstanding of 1294797 and a Short% of Float of 1.82.
Dividends & Splits
GL’s forward annual dividend rate is 0.99, up from 0.99 a year ago. Against a Trailing Annual Dividend Yield of 0.008299799The stock’s 5-year Average Dividend Yield is 0.82. The current Payout Ratio is 8.04% for GL, which recently paid a dividend on 2025-04-03 with an ex-dividend date of 1751500800. Stock splits for the company last occurred on 2014-07-02 when the company split stock in a 3:2 ratio.
