Key Points
- CEO Frank Svoboda sold 9,379 shares on Dec. 16 at an average price of $140.43 for about $1.317M, trimming his holding by 20.73% to 35,868 shares (≈$5.04M).
- Solid earnings and guidance: Globe Life reported $4.81 EPS for the quarter (beating estimates) and set FY2026 guidance of $14.60–15.30 EPS; analysts rate the stock a "Moderate Buy" with a consensus target of ~$164.89.
- Market facts and dividend: Shares trade near $138 with a market cap of ~$11B and P/E ~10, a 52‑week range of $104.06–$147.83, and a recently announced $0.27 quarterly dividend (annual $1.08, ~0.8% yield).
Globe Life Inc. (NYSE:GL - Get Free Report) CEO Frank Svoboda sold 9,379 shares of Globe Life stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $140.43, for a total value of $1,317,092.97. Following the sale, the chief executive officer directly owned 35,868 shares in the company, valued at approximately $5,036,943.24. This trade represents a 20.73% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Globe Life Price Performance
Shares of NYSE GL opened at $138.16 on Thursday. The firm's 50-day simple moving average is $134.13 and its 200 day simple moving average is $132.93. The stock has a market cap of $11.00 billion, a P/E ratio of 10.02 and a beta of 0.48. Globe Life Inc. has a fifty-two week low of $104.06 and a fifty-two week high of $147.83. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.41.
Globe Life (NYSE:GL - Get Free Report) last announced its earnings results on Wednesday, October 22nd. The company reported $4.81 EPS for the quarter, topping the consensus estimate of $4.54 by $0.27. Globe Life had a return on equity of 21.81% and a net margin of 19.36%.The firm had revenue of $1.51 billion for the quarter, compared to analysts' expectations of $1.52 billion. During the same quarter in the previous year, the company earned $3.44 earnings per share. Globe Life has set its FY 2026 guidance at 14.600-15.300 EPS and its FY 2025 guidance at 14.400-14.600 EPS. Equities analysts expect that Globe Life Inc. will post 13.87 EPS for the current year.
Globe Life Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Monday, January 5th will be issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Monday, January 5th. Globe Life's payout ratio is presently 7.83%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on the stock. Piper Sandler reissued an "overweight" rating and issued a $167.00 price target on shares of Globe Life in a report on Friday, November 21st. TD Cowen increased their target price on shares of Globe Life from $182.00 to $199.00 and gave the company a "buy" rating in a research note on Thursday, December 11th. Morgan Stanley restated an "overweight" rating and set a $176.00 target price on shares of Globe Life in a report on Monday. Truist Financial upped their price target on Globe Life from $150.00 to $158.00 and gave the company a "buy" rating in a report on Friday, October 24th. Finally, Cowen reiterated a "buy" rating on shares of Globe Life in a research report on Thursday, December 11th. Nine analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Globe Life presently has a consensus rating of "Moderate Buy" and a consensus target price of $164.89.
Get Our Latest Analysis on GL
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in GL. Cresset Asset Management LLC bought a new position in shares of Globe Life during the 1st quarter worth approximately $253,000. Royal Bank of Canada boosted its position in Globe Life by 14.4% in the first quarter. Royal Bank of Canada now owns 175,722 shares of the company's stock valued at $23,147,000 after buying an additional 22,143 shares during the last quarter. Ieq Capital LLC increased its holdings in Globe Life by 63.8% in the 1st quarter. Ieq Capital LLC now owns 60,480 shares of the company's stock worth $7,966,000 after buying an additional 23,553 shares during the period. Inspire Investing LLC acquired a new position in Globe Life during the first quarter valued at $797,000. Finally, American Century Companies Inc. lifted its position in shares of Globe Life by 41.9% during the 1st quarter. American Century Companies Inc. now owns 205,421 shares of the company's stock valued at $27,058,000 after buying an additional 60,606 shares in the last quarter. 81.61% of the stock is currently owned by institutional investors.
About Globe Life
(
Get Free Report)
Globe Life Inc, through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle- and middle-income families in the United States. The company operates in four segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments.
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