Globe Life Inc (GL) can make a big difference with a little luck

With 2.0 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.04 million shares. During the session, the Insurance – Life company that operates in wider Financial sector, reached to the highest price of $89.92 whereas the lowest price it dropped to was $84.07. The 52-week range on GL shows that it touched its highest point at $132.00 and its lowest point at $38.95 during that stretch. It currently has a 1-year price target of $106.70. With its current market cap of 8.17 billion, GL has annualized dividend of $0.92 while the current yield stands at 1.03%. Beta for the stock currently stands at 0.81.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GL was up-trending over the past week, with a rise of 3.99%, but this was up by 58.68% over a month. Three-month performance dropped to -29.42% while six-month performance fell -24.07%. The stock lost -17.31% in the past year, while it has lost -27.24% so far this year. A look at the trailing 12-month EPS for GL yields 10.47 with Next year EPS estimates of 12.85. For the next quarter, that number is 2.90. This implies an EPS growth rate of 9.99% for this year and 9.70% for next year. EPS is expected to grow by 14.89% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 10.60%.

Float and Shares Shorts:

At present, 93.79 million GL shares are outstanding with a float of 90.16 million shares on hand for trading. On 2024-04-30, short shares totaled 4.2 million, which was 456.00000000000006 higher than short shares on 1711584000. In addition to Mr. Frank Martin Svoboda as the firm’s Co-Chairman & Co-CEO, Mr. James Matthew Darden serves as its Co-Chairman & Co-CEO.

Institutional Ownership:

Through their ownership of 0.8527 of GL’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GL since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.