Stock Performance And Outlook Of Globe Life Inc (NYSE: GL)

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In the last trading session, 2.01 million shares of the Globe Life Inc (NYSE:GL) were traded, and its beta was 0.81. Most recently the company’s share price was $86.50, and it changed around -$0.38 or -0.44% from the last close, which brings the market valuation of the company to $7.98B. GL currently trades at a discount to its 52-week high of $132.00, offering almost -52.6% off that amount. The share price’s 52-week low was $38.95, which indicates that the current value has risen by an impressive 54.97% since then. We note from Globe Life Inc’s average daily trading volume that its 3-month average coming to 3.00 million.

Globe Life Inc (NYSE:GL) trade information

Instantly GL has showed a red trend with a performance of -0.44% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently down -28.94% year-to-date, but still up 11.54% over the last five days. On the other hand, Globe Life Inc (NYSE:GL) is 75.92% up in the 30-day period.

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The consensus price target as assigned by Wall Street analysts is $102.4, which translates to bulls needing to increase their stock price by 15.53% from its current value. Analyst projections state that GL is forecast to be at a low of $55 and a high of $140.

Globe Life Inc (GL) estimates and forecasts

Globe Life Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -24.62 percent over the past six months and at a 10.05% annual growth rate that is well above the industry average of 9.00%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 10.60%. Globe Life Inc earnings are expected to increase by 9.99% in 2024, but the outlook is positive 14.89% per year for the next five years.

GL Dividends

Globe Life Inc’s next quarterly earnings report is expected to be released in June. The annual dividend yield of the stock is 1.06 percent and its annual dividend per share was 0.92. It is important to note, however, that the 1.06% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.