Globe Life GL
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Globe Life (GL) Business Model and Operations Summary
Globe Life Inc is an insurance holding company. It provides a variety of life and supplemental health insurance products and annuities to a broad base of customers. The company's core operations are organized into three reportable segments: life insurance, supplemental health insurance and investments. Investment activities, conducted by the investment segment, focus on seeking investments with a yield and term appropriate to support the insurance product obligations. These investments generally consist of fixed maturities and, over the long term, the expected yields are considered when setting insurance premium rates and product profitability expectations.
Key Insights
Globe Life (GL) Core Market Data and Business Metrics
Latest Closing Price
$117.22Market Cap
$9.76 BillionPrice-Earnings Ratio
9.82Total Outstanding Shares
83.24 Million SharesTotal Employees
3,732Dividend
$0.27 Per Share QuarterlyIPO Date
December 31, 1980SIC Description
Life InsurancePrimary Exchange
New York Stock ExchangeHeadquarters
3700 South Stonebridge Drive, Mckinney, TX, 75070
Historical Stock Splits
If you bought 1 share of GL before July 5, 2011, you'd have 2.25 shares today.
| Execution Date | Split Amount |
|---|---|
| May 29, 2014 | 3-for-2 |
| July 5, 2011 | 3-for-2 |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Investing Activities, Continuing | $-641.52 Million |
| Net Cash Flow From Financing Activities | $-715.84 Million |
| Net Cash Flow | $62.17 Million |
| Net Cash Flow From Financing Activities, Continuing | $-715.84 Million |
| Exchange Gains/Losses | $17.08 Million |
| Net Cash Flow From Investing Activities | $-641.52 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Nonoperating Income/Loss | $2.62 Million |
| Costs And Expenses | $4.45 Billion |
| Net Income/Loss Attributable To Noncontrolling Interest | $0 |
| Net Income/Loss | $1.07 Billion |
| Income/Loss From Continuing Operations Before Tax | $1.33 Billion |
| Income/Loss From Continuing Operations After Tax | $1.07 Billion |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Other Comprehensive Income/Loss | $1.81 Billion |
| Other Comprehensive Income/Loss Attributable To Parent | $742.70 Million |
| Comprehensive Income/Loss | $1.81 Billion |
| Comprehensive Income/Loss Attributable To Parent | $1.81 Billion |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Liabilities And Equity | $29.08 Billion |
| Fixed Assets | $284.27 Million |
| Liabilities | $23.77 Billion |
| Equity Attributable To Noncontrolling Interest | $0 |
| Noncurrent Liabilities | $0 |
| Noncurrent Assets | $0 |
Historical Dividends
Current dividend: $0.27 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 27, 2025 | May 1, 2025 | Apr 3, 2025 | $0.27 | Quarterly |
| Nov 15, 2024 | Jan 31, 2025 | Jan 6, 2025 | $0.24 | Quarterly |
| Aug 8, 2024 | Nov 1, 2024 | Oct 4, 2024 | $0.24 | Quarterly |
| May 6, 2024 | Aug 1, 2024 | Jul 5, 2024 | $0.24 | Quarterly |
| Mar 18, 2024 | May 1, 2024 | Apr 5, 2024 | $0.24 | Quarterly |
| Nov 14, 2023 | Feb 1, 2024 | Jan 5, 2024 | $0.225 | Quarterly |