Taking on analysts’ expectations and winning: Globe Life Inc (GL)

With 0.75 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.66 million shares. During the session, the Insurance – Life company that operates in wider Financial sector, reached to the highest price of $113.115 whereas the lowest price it dropped to was $111.0. 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 $132.45. With its current market cap of 9.42 billion, GL has annualized dividend of $0.94 while the current yield stands at 0.84%. GL paid its most recent dividend on 1728000000, while the ex-dividend date for that was 1736121600. Beta for the stock currently stands at 0.80.

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 up-trending over the past week, with a rise of 1.40%, but this was up by 2.00% over a month. Three-month performance surged to 6.69% while six-month performance rose 36.15%. The stock lost -8.05% in the past year, while it has gained 0.65% 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 15.86% for this year and 9.93% 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 83.39 million shares on hand for trading. On 2024-12-13, short shares totaled 2.19 million, which was 260.99999 higher than short shares on 1731628800. 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 0.84621 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 132.9. Based on these targets, GL could surge 67.5% to reach the target high and fall by -6.45% to reach the target low. Reaching the average price target will result in a growth of 18.41% from current levels.

Analysts have provided yearly estimates in a range of $12.37866 being high and $12.29848 being low. For GL, this leads to a yearly average estimate of $12.33857. Based on analyst estimates, the high estimate for the next quarter is $3.28 and the low estimate is $3.13. The average estimate for the next quarter is thus $3.23.