Key Points
- CEO insider sale: Globe Life CEO James Matthew Darden sold 9,527 shares on Feb. 27 at an average price of $144.34 for about $1.38M, reducing his ownership by roughly 15% to 53,860 shares (valued at ≈$7.77M).
- Dividend hike: The board raised the quarterly dividend to $0.33 (a 22.2% increase), payable May 1 with an ex-dividend date of April 2, equating to a $1.32 annualized payout and roughly a 0.9% yield.
- Mixed fundamentals but positive analyst view: Globe Life reported Q4 EPS of $3.39 (missed by $0.05) and set FY2026 guidance of $14.95–$15.65, while Wall Street consensus is a "Moderate Buy" with a $171.33 target after several firms issued buy/overweight ratings.
Globe Life Inc. (NYSE:GL - Get Free Report) EVP Robert Edward Hensley sold 712 shares of the stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $142.59, for a total value of $101,524.08. Following the transaction, the executive vice president owned 8,580 shares of the company's stock, valued at approximately $1,223,422.20. The trade was a 7.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.
Globe Life Trading Down 0.5%
NYSE GL opened at $145.32 on Friday. Globe Life Inc. has a 52 week low of $109.38 and a 52 week high of $152.71. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.07 and a current ratio of 0.07. The stock's 50 day moving average price is $141.88 and its two-hundred day moving average price is $138.73. The stock has a market capitalization of $11.57 billion, a price-to-earnings ratio of 10.32 and a beta of 0.47.
Globe Life (NYSE:GL - Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $3.39 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.44 by ($0.05). The business had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.53 billion. Globe Life had a net margin of 19.37% and a return on equity of 21.75%. Globe Life's revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter last year, the business earned $3.14 earnings per share. Globe Life has set its FY 2026 guidance at 14.950-15.650 EPS. As a group, analysts anticipate that Globe Life Inc. will post 13.87 earnings per share for the current fiscal year.
Globe Life Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 3rd will be given a dividend of $0.33 per share. This is a boost from Globe Life's previous quarterly dividend of $0.27. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $1.32 annualized dividend and a yield of 0.9%. Globe Life's payout ratio is presently 7.67%.
Wall Street Analyst Weigh In
A number of research firms recently issued reports on GL. Morgan Stanley reaffirmed an "overweight" rating and issued a $176.00 target price on shares of Globe Life in a research report on Monday, December 15th. JPMorgan Chase & Co. raised their price target on Globe Life from $180.00 to $181.00 and gave the company an "overweight" rating in a research note on Thursday, February 5th. Weiss Ratings upgraded Globe Life from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, February 13th. Truist Financial increased their price objective on Globe Life from $158.00 to $180.00 and gave the company a "buy" rating in a report on Friday, February 6th. Finally, Evercore set a $157.00 target price on shares of Globe Life in a research note on Wednesday, February 18th. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $171.33.
Get Our Latest Research Report on GL
Key Stories Impacting Globe Life
Here are the key news stories impacting Globe Life this week:
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in GL. Mather Group LLC. acquired a new stake in Globe Life during the 3rd quarter valued at $28,000. CYBER HORNET ETFs LLC acquired a new position in shares of Globe Life in the second quarter valued at $28,000. Assetmark Inc. raised its position in shares of Globe Life by 777.8% in the second quarter. Assetmark Inc. now owns 237 shares of the company's stock valued at $29,000 after purchasing an additional 210 shares during the period. Hilton Head Capital Partners LLC acquired a new stake in shares of Globe Life during the 4th quarter worth about $30,000. Finally, MUFG Securities EMEA plc acquired a new stake in shares of Globe Life during the 2nd quarter worth about $31,000. 81.61% of the stock is owned by institutional investors and hedge funds.
About Globe Life
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Get Free Report)
Globe Life, traded on the NYSE under the symbol GL, is a U.S.-based insurance holding company that underwrites and distributes a range of life and supplemental health insurance products. Through its subsidiary brands—Globe Life, American Income Life, Liberty National Life, United American Insurance Company and Family Heritage Life—it offers term life, whole life, fixed annuities and supplemental health coverage designed to meet the needs of individuals and families across various socioeconomic segments.
The company's product suite includes low-cost, easy-to-understand life insurance policies, accidental death and dismemberment coverage, hospital indemnity plans and specified disease insurance.
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