Globe Life Inc (NYSE: GL) is 5.56% higher on its value in year-to-date trading and has touched a low of $75.48 and a high of $133.76 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GL stock was last observed hovering at around $123.34 in the last trading session, with the day’s loss setting it -5.62%.
Currently trading at $117.72, the stock is -2.58% and -5.29% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.55 million and changing -4.56% at the moment leaves the stock 5.90% off its SMA200. GL registered 50.75% gain for a year compared to 6-month gain of 11.60%. The firm has a 50-day simple moving average (SMA 50) of $124.2966 and a 200-day simple moving average (SMA200) of $111.1588.
The stock witnessed a -10.91% loss in the last 1 month and extending the period to 3 months gives it a -3.74%, and is -5.00% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.38% over the week and 4.24% over the month.
Globe Life Inc (GL) has around 3732 employees, a market worth around $9.80B and $5.78B in sales. Current P/E ratio is 9.85 and Fwd P/E is 7.79. Profit margin for the company is 18.53%. Distance from 52-week low is 55.96% and -11.99% from its 52-week high. The company has generated returns on investments over the last 12 months (14.03%).
with sales reaching $1.51B over the same period.The EPS is expected to grow by 10.54% this year, but quarterly earnings will post 4.89% year-over-year. Quarterly sales are estimated to grow 4.70% in year-over-year returns.
800.0 institutions hold shares in Globe Life Inc (GL), with institutional investors hold 86.23% of the company’s shares. The shares outstanding are 83.98M, and float is at 82.58M with Short Float at 1.53%. Institutions hold 85.73% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 11.38 million shares valued at $936.59 million. The investor’s holdings represent 12.1269 of the GL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 6.1 million shares valued at $502.06 million to account for 6.5007 of the shares outstanding. The other top investors are WELLINGTON MANAGEMENT GROUP LLP which holds 5.95 million shares representing 6.3341 and valued at over $489.2 million, while INVESCO LTD. holds 4.4642 of the shares totaling 4.19 million with a market value of $344.78 million.
Globe Life Inc (GL) Insider Activity
The most recent transaction is an insider sale by HENRIE MICHAEL SHANE, the company’s SVP & Chief Accounting Officer. SEC filings show that HENRIE MICHAEL SHANE sold 2,750 shares of the company’s common stock on Mar 19 ’25 at a price of $126.41 per share for a total of $0.35 million. Following the sale, the insider now owns 3040.0 shares.
Globe Life Inc disclosed in a document filed with the SEC on Mar 04 ’25 that Hensley Robert Edward (EVP & Chief Investment Officer) sold a total of 1,610 shares of the company’s common stock. The trade occurred on Mar 04 ’25 and was made at $124.81 per share for $0.2 million. Following the transaction, the insider now directly holds 10193.0 shares of the GL stock.
Still, SEC filings show that on Mar 04 ’25, Robert E. Hensley (Officer) Proposed Sale 1,610 shares at an average price of $125.59 for $0.2 million. The insider now directly holds shares of Globe Life Inc (GL).
