Globe Life Inc (GL) July 20, 2021 Stock Price, Analysis & Forecast
Globe Life Inc (NYSE: GL) opened the trading session on July 20, 2021, at $90.89, showing a change of 2.7254% VS the previous close at $90.63. During the trading session, the stock price jumped to $94.03 and decreased to $90.89. Finally, the stock stabilized at $93.1. Though, taking into consideration a longer-term approach, Globe Life Inc reported a 52 Week Range between $74.61-$107.78.
Globe Life Inc's shares outstanding currently price $103.05M, withal a float of $94.41M. GL operates in the FINANCE sector of the LIFE INSURANCE industry and has a market capitalization of $9.59B (as of July 20, 2021). It should be stressed that Globe Life Inc's 50-day Moving Average stabilized at $98.42, while such index as 200-day Moving Average is presently $98.7.
To assess the company's efficiency, let's consider Globe Life Inc's conglomerate performance. So far, GL has full-time employees. Globe Life Inc has generated $inf per worker During the last fiscal year. In the meantime, GL's income per employee was $inf. And now, let's consider the company's income report. Globe Life Inc's Net Income for the last fiscal year was $731.77M, while such index as Income Before Taxes was at the level of $896.68M. GL's Operating Income was at the mark of $905.36M.
Globe Life Inc (GL) Earnings & Revenue
Talking about the Profitability, GL reached a Profit Margin of 15.3% and an Operating Margin (TTM) of 20.6%. However, when we touch the questions of management effectiveness, Globe Life Inc generated a Return on Equity (TTM) of 10.4% and a Return on Assets (TTM) of 2.35%. A bit more income statements might bring clarity to our overview. According to the results of the latest quarter ended March 31, 2021, Globe Life Inc generated Revenue (TTM) of $4.87B, reporting a Quarterly Revenue Growth of 11.8%. As for the Revenue Per Share (TTM), this indicator was at the mark of $46.34. The company's Gross Profit (TTM) was $1.28B, while according to the EBITDA report, it was estimated at $1.02B.
Globe Life Inc (NYSE: GL) Owners & Shares
Finally, let's take a look at the share statistics. As mentioned above, GL's shares outstanding now amounts to $103.05M, where Shares Short was $881,950 versus the prior month amounted to $764,430. (Short % of Float was 0.93%). And now, let's overview which kind of investors works with Globe Life Inc's stocks. GL's current ownership accounts for 76.81% institutional investors, while 2.169% of shares belong to the insiders. Also worth mentioning some indicators affecting dividends & splits. Thus, GL's Forward Annual Dividend Rate is currently at the mark of 0.79, whereas the Dividend Yield is 0.87%, and a Dividend Payout Ratio is 11.7% (Dividend Date: July 30, 2021). The company's Dividend Per Share index thereby is $0.76.
GL Trading Performance
It's time to observe the current performance indicators for Globe Life Inc. GL's price/earnings to growth ratio during the last reported quarter was 0%. The company's PE Ratio stands at 13.29%, while GL's Beta score is 1.133. Also worth noting that Globe Life Inc's Diluted EPS (Earnings per Share) trailing twelve months is at the mark of 7.0. Other valuable indicators are Price To Sales Ratio (TTM), which is currently recorded at 2.049, as well as Price To Book Ratio, which amounts to 1.238.
Globe Life Inc Analysis & Estimates
Within the previous 9-day period, Globe Life Inc's Average True Range (ATR) was 2.3203, while the stock's Stochastic SlowD moving average was 52.0084%, and the SlowK moving average volumed at 52.0084%.