How to buy Globe Life (GL) stocks

Globe Life is an insurance - life business based in the US. Globe Life shares (GL) are listed on the NYSE and all prices are listed in US Dollars.

Its last market close was $109.39 – an increase of 3.77% over the previous week. Globe Life employs 3,636 staff and has a trailing 12-month revenue of around $5.7 billion.

Our top picks for where to buy Globe Life stock

Buy Globe Life stock from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.

Note: The dollar amounts in the table below are in Canadian dollars.

Finder Score for stock trading platforms

To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score the better the platform - simple.

Read the full methodology

Related: Compare the best stock trading platforms in Canada

Globe Life stock price (NYSE: GL)

Use our graph to track the performance of GL stocks over time.

Globe Life stocks at a glance

• Key figures

Information last updated 2024-12-18.

Latest market close	$109.39
52-week range	$38.75 - $131.03
50-day moving average more info button	$108.01
200-day moving average more info button	$97.17
Wall St. target price	$132.90
PE ratio more info button	8.85
Dividend yield more info button	$0.945 (0.92%)
Earnings per share (TTM) more info button	$11.80

Is it a good time to buy Globe Life stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Dive deeper: Our picks for the best stocks to buy right now in Canada

Globe Life price performance over time

Historical closes compared with the close of $105.91 from 2024-12-19

1 week (2024-12-13)	0.46%
1 month (2024-11-21)	-2.83%
3 months (2024-09-20)	-0.33%
6 months (2024-06-21)	27.51%

1 year (2023-12-21)	-12.95%
2 years (2022-12-21)	-10.58%
3 years (2021-12-21)	19.72%
5 years (2019-12-20)	3.69%

Is Globe Life stock undervalued or overvalued?

Valuing Globe Life stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Globe Life's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Globe Life's P/E ratio

Globe Life's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 9x. In other words, Globe Life shares trade at around 9x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the stock or simply that they're under-valued.

Globe Life's EBITDA

Globe Life's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.5 billion.

The EBITDA is a measure of a Globe Life's overall financial performance and is widely used to measure a its profitability.

Globe Life financials

Revenue TTM	$5.7 billion
Operating margin TTM	28.29%
Gross profit TTM	$1.4 billion
Return on assets TTM	3.31%
Return on equity TTM	23.55%
Profit margin	19.04%
Book value	$55.04
Market Capitalization more info button	$8.8 billion

TTM: trailing 12 months

Globe Life stock dividends

Dividend payout ratio: 7.85% of net profits

Recently Globe Life has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Globe Life shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Globe Life's case, that would currently equate to about $0.945 per share.

While Globe Life's payout ratio might seem low, this can signify that Globe Life is investing more in its future growth.

Globe Life's most recent dividend payout was on 30 January 2025. The latest dividend was paid out to all shareholders who bought their stocks by 5 January 2025 (the "ex-dividend date").

Have Globe Life's stocks ever split?

Globe Life's stocks were split on a 3:2 basis on 1 July 2014 . So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Globe Life stocks – just the quantity. However, indirectly, the new 33.3% lower stock price could have impacted the market appetite for Globe Life stocks, which in turn could have impacted Globe Life's stock price.

Globe Life stock price volatility

Over the last 12 months, Globe Life's stocks have ranged in value from as little as $38.7477 up to $131.0303. A popular way to gauge a stock's volatility is its "beta."

Beta is a measure of a stocks volatility in relation to the market. The market (NYSE average) beta is 1, while Globe Life's is 0.807. This would suggest that Globe Life's stocks are less volatile than average (for this exchange).

Globe Life overview

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. It offers whole, term, and other life insurance products; Medicare supplement and supplemental health insurance products, such as accident, cancer, critical illness, heart, and intensive care plans; and single-premium and flexible-premium deferred annuities. The company sells its products through its direct to consumer division, exclusive agencies, and independent agents. The company was formerly known as Torchmark Corporation and changed its name to Globe Life Inc. in August 2019.

Related: New to stock trading? Compare brokers and get tips for investing.

Frequently asked questions

What percentage of Globe Life is owned by insiders or institutions?
Currently 2.419% of Globe Life stocks are held by insiders and 84.546% by institutions. How many people work for Globe Life?
Latest data suggests 3,636 work at Globe Life. When does the fiscal year end for Globe Life?
Globe Life's fiscal year ends in December. Where is Globe Life based?
Globe Life's address is: 3700 South Stonebridge Drive, McKinney, TX, United States, 75070-8080 What is Globe Life's ISIN number?
Globe Life's international securities identification number is: US37959E1029 What is Globe Life's CUSIP number?
Globe Life's Committee on Uniform Securities Identification Procedures number is: 37959E102

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.