A number of firms have modified their ratings and price targets on shares of Globe Life (NYSE: GL) recently:
- 10/26/2026 – Globe Life had its price target lowered by Wells Fargo & Company from $191.00 to $180.00. They now have an “overweight” rating on the stock.
- 10/23/2026 – Globe Life was given a new $165.00 price target by UBS Group.
- 10/23/2026 – Globe Life was downgraded by Piper Sandler from “overweight” to “neutral”. They now have a $165.00 price target on the stock, down from $200.00.
- 10/23/2026 – Globe Life had its price target lowered by TD Cowen from $225.00 to $215.00. They now have a “buy” rating on the stock.
- 10/21/2026 – Globe Life was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
- 10/15/2026 – Globe Life had its price target raised by JPMorgan Chase & Co. from $193.00 to $195.00. They now have an “overweight” rating on the stock.
- 10/12/2026 – Globe Life had its price target raised by Wells Fargo & Company from $190.00 to $191.00. They now have an “overweight” rating on the stock.
- 10/6/2026 – Globe Life was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
- 10/5/2026 – Globe Life had its price target lowered by Morgan Stanley from $208.00 to $197.00. They now have an “overweight” rating on the stock.
- 9/18/2026 – Globe Life was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
Globe Life Stock Up 2.9%
Shares of NYSE GL opened at $161.78 on Tuesday. The stock has a market capitalization of $12.43 billion, a PE ratio of 10.82 and a beta of 0.47. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.43. Globe Life Inc. has a 12-month low of $129.21 and a 12-month high of $191.55. The stock’s fifty day simple moving average is $166.63 and its two-hundred day simple moving average is $160.22.
Globe Life (NYSE:GL – Get Free Report) last announced its quarterly earnings results on Wednesday, October 21st. The company reported $4.84 earnings per share for the quarter, missing the consensus estimate of $4.90 by ($0.06). Globe Life had a net margin of 18.89% and a return on equity of 19.95%. The business had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.56 billion. During the same quarter in the prior year, the firm earned $4.81 EPS. Globe Life’s revenue for the quarter was up 5.5% on a year-over-year basis. As a group, analysts expect that Globe Life Inc. will post 15.48 EPS for the current fiscal year.
Globe Life Dividend Announcement
Insider Transactions at Globe Life
In other Globe Life news, EVP Michael Majors sold 14,377 shares of Globe Life stock in a transaction that occurred on Friday, October 23rd. The shares were sold at an average price of $154.48, for a total transaction of $2,220,958.96. Following the transaction, the executive vice president directly owned 39,141 shares in the company, valued at approximately $6,046,501.68. The trade was a 26.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Robert Hensley sold 10,000 shares of the company’s stock in a transaction dated Tuesday, September 22nd. The shares were sold at an average price of $170.07, for a total transaction of $1,700,700.00. Following the sale, the executive vice president owned 12,384 shares of the company’s stock, valued at $2,106,146.88. This trade represents a 44.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 2.11% of the company’s stock.
Globe Life Inc is a U.S.-based insurance holding company that provides life and supplemental health insurance through its subsidiaries. Its products include term and whole life insurance, Medicare Supplement insurance, and supplemental health coverage such as accident, cancer, and critical illness policies.
The company distributes insurance through a mix of exclusive agents, independent agents, and direct marketing. Its operating companies include Globe Life and Accident Insurance Company, American Income Life, Liberty National, Family Heritage Life, and United American.
Globe Life traces its roots to 1951, when one of its predecessor businesses was established.
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