Globe Life Inc
General ticker "GL" information:
- Sector: Financials
- Industry: Insurance
- Capitalization: $9.4B
Globe Life Inc does not follow the US Stock Market performance with the rate: -3.1%.
Estimated limits based on current volatility of 1.2%: low 107.44$, high 110.02$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends: last record date 2024-10-04, amount 0.24$ (Y0.88%)
- Company does not operate outside US (retrieved using AI)
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [114.90$, 148.94$]
- 2024-12-30 to 2025-12-30 estimated range: [121.42$, 158.45$]
Financial Metrics affecting the GL estimates:
- Positive: Non-GAAP EPS, $ of 10.65 > 2.29
- Negative: Interest expense per share, $ of 1.08 > 0.74
- Positive: Operating profit margin, % of 99.08 > 19.51
- Positive: 2.86 < Return on assets ratio (scaled to [-100,100]) of 3.34
- Negative: Industry operating profit margin (median), % of 5.56 <= 6.82
- Negative: Investing cash flow per share, $ of -9.74 <= -3.48
Short-term GL quotes
Long-term GL plot with estimates
Financial data
YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
---|---|---|---|
Operating Revenue | $5,112.87MM | $5,214.91MM | $5,447.53MM |
Operating Expenses | $4,201.69MM | $4,218.20MM | $4,130.55MM |
Operating Income | $911.17MM | $996.71MM | $1,316.99MM |
Non-Operating Income | $1.22MM | $-90.39MM | $-122.72MM |
Interest Expense | $83.49MM | $90.39MM | $102.32MM |
Income(Loss) | $912.39MM | $906.31MM | $1,194.27MM |
Taxes | $167.43MM | $166.61MM | $223.51MM |
Profit(Loss) | $744.96MM | $739.70MM | $970.75MM |
Stockholders Equity | $8,642.81MM | $3,949.58MM | $4,486.80MM |
Inventory | $999.82MM | $18,104.49MM | $0.00MM |
Assets | $29,768.05MM | $25,986.80MM | $28,051.50MM |
Operating Cash Flow | $1,437.68MM | $1,422.19MM | $1,482.42MM |
Capital expenditure | $38.24MM | $27.93MM | $49.55MM |
Investing Cash Flow | $-913.37MM | $-943.01MM | $-926.15MM |
Financing Cash Flow | $-523.60MM | $-492.45MM | $-541.49MM |
Earnings Per Share* | $7.30 | $7.55 | $10.21 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.