Brokers Offer Predictions for Globe Life FY2026 Earnings

Globe Life Inc. (NYSE:GL) – Equities research analysts at DOWLING & PARTN issued their FY2026 earnings per share (EPS) estimates for Globe Life in a note issued to investors on Wednesday, May 20th. DOWLING & PARTN analyst J. Hurwitz anticipates that the company will post earnings per share of $15.80 for the year. The consensus estimate for Globe Life’s current full-year earnings is $15.57 per share. DOWLING & PARTN also issued estimates for Globe Life’s FY2027 earnings at $16.40 EPS and FY2028 earnings at $18.10 EPS.

Several other equities research analysts have also recently commented on GL. Evercore set a $157.00 target price on Globe Life in a research note on Wednesday, February 18th. Wells Fargo & Company raised their target price on Globe Life from $171.00 to $172.00 and gave the stock an “overweight” rating in a research note on Friday, April 10th. Truist Financial raised their target price on Globe Life from $180.00 to $185.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Morgan Stanley raised their price objective on Globe Life from $176.00 to $181.00 and gave the company an “overweight” rating in a research note on Thursday, May 21st. Finally, Keefe, Bruyette & Woods reissued a “moderate buy” rating and issued a $168.00 price objective on shares of Globe Life in a research note on Thursday, March 26th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Globe Life currently has an average rating of “Moderate Buy” and a consensus price target of $174.11.

Globe Life Trading Down 1.5%

NYSE GL opened at $154.39 on Thursday. The business has a 50 day simple moving average of $148.25 and a 200 day simple moving average of $142.48. Globe Life has a one year low of $116.73 and a one year high of $157.92. The stock has a market capitalization of $11.99 billion, a P/E ratio of 10.68 and a beta of 0.50. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.07 and a quick ratio of 0.07.

Globe Life (NYSE:GL) last released its earnings results on Wednesday, April 22nd. The company reported $3.43 EPS for the quarter, missing the consensus estimate of $3.46 by ($0.03). Globe Life had a return on equity of 20.94% and a net margin of 19.38%.The business had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.56 billion. During the same period in the prior year, the business earned $3.07 EPS. The company’s revenue for the quarter was up 5.3% on a year-over-year basis. Globe Life has set its FY 2026 guidance at 15.400-15.90 EPS.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Hilton Head Capital Partners LLC bought a new position in shares of Globe Life in the fourth quarter valued at approximately $30,000. CYBER HORNET ETFs LLC bought a new position in shares of Globe Life in the second quarter valued at approximately $28,000. MUFG Securities EMEA plc bought a new position in shares of Globe Life in the second quarter valued at approximately $31,000. Torren Management LLC bought a new position in shares of Globe Life in the fourth quarter valued at approximately $37,000. Finally, AdvisorNet Financial Inc lifted its holdings in shares of Globe Life by 41.1% in the first quarter. AdvisorNet Financial Inc now owns 316 shares of the company’s stock valued at $44,000 after purchasing an additional 92 shares in the last quarter. Institutional investors own 81.61% of the company’s stock.

Insider Transactions at Globe Life

In other Globe Life news, CEO Frank M. Svoboda sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $156.68, for a total value of $3,133,600.00. Following the completion of the sale, the chief executive officer owned 54,020 shares of the company’s stock, valued at approximately $8,463,853.60. This trade represents a 27.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Thomas Peter Kalmbach sold 7,936 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $156.59, for a total value of $1,242,698.24. Following the completion of the sale, the chief financial officer directly owned 50,496 shares of the company’s stock, valued at $7,907,168.64. This trade represents a 13.58% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 133,774 shares of company stock worth $20,415,519. 2.11% of the stock is currently owned by insiders.

Globe Life Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Monday, July 6th will be paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Monday, July 6th. Globe Life’s dividend payout ratio (DPR) is 9.13%.

About Globe Life

Globe Life, traded on the NYSE under the symbol GL, is a U.S.-based insurance holding company that underwrites and distributes a range of life and supplemental health insurance products. Through its subsidiary brands—Globe Life, American Income Life, Liberty National Life, United American Insurance Company and Family Heritage Life—it offers term life, whole life, fixed annuities and supplemental health coverage designed to meet the needs of individuals and families across various socioeconomic segments.

The company’s product suite includes low-cost, easy-to-understand life insurance policies, accidental death and dismemberment coverage, hospital indemnity plans and specified disease insurance.