With 0.86 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.69 million shares. During the session, the Insurance – Life company that operates in wider Financial sector, reached to the highest price of $107.77 whereas the lowest price it dropped to was $105.295. The 52-week range on GL shows that it touched its highest point at $132.00 and its lowest point at $38.95 during that stretch. It currently has a 1-year price target of $131.36. With its current market cap of 8.95 billion, GL has annualized dividend of $0.94 while the current yield stands at 0.89%. Beta for the stock currently stands at 0.81.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GL was down-trending over the past week, with a drop of -4.56%, but this was up by 2.14% over a month. Three-month performance surged to 3.97% while six-month performance rose 31.23%. The stock lost -13.98% in the past year, while it has lost -12.41% so far this year. A look at the trailing 12-month EPS for GL yields 11.82 with Next year EPS estimates of 13.56. For the next quarter, that number is 3.12. This implies an EPS growth rate of 15.85% for this year and 9.94% for next year. EPS is expected to grow by 6.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 10.60%.
Float and Shares Shorts:
At present, 84.28 million GL shares are outstanding with a float of 83.43 million shares on hand for trading. On 2024-11-15, short shares totaled 2.01 million, which was 239.0 higher than short shares on 1728950400. In addition to Mr. Frank Martin Svoboda as the firm’s Co-Chairman & Co-CEO, Mr. James Matthew Darden serves as its Co-Chairman & Co-CEO.
Institutional Ownership:
Through their ownership of 0.8457 of GL’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GL since 8 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With GL analysts setting a high price target of 188.0 and a low target of 105.0, the average target price over the next 12 months is 132.2. Based on these targets, GL could surge 76.34% to reach the target high and fall by -1.51% to reach the target low. Reaching the average price target will result in a growth of 24.0% from current levels.
Analysts have provided yearly estimates in a range of $12.37809 being high and $12.29791 being low. For GL, this leads to a yearly average estimate of $12.338.
