Globe Life Net Worth
Globe Life Net Worth Breakdown | GL |
Globe Life Net Worth Analysis
Globe Life's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Globe Life's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Globe Life's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Globe Life's net worth analysis. One common approach is to calculate Globe Life's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Globe Life's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Globe Life's net worth. This approach calculates the present value of Globe Life's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Globe Life's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Globe Life's net worth. This involves comparing Globe Life's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Globe Life's net worth relative to its peers.
Enterprise Value |
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To determine if Globe Life is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Globe Life's net worth research are outlined below:
| Globe Life reports 2.12 B of total liabilities with total debt to equity ratio (D/E) of 0.47, which is normal for its line of buisiness. Globe Life has a current ratio of 0.61, implying that it has not enough working capital to pay out debt commitments in time. Note however, debt could still be an excellent tool for Globe to invest in growth at high rates of return. | |
| Over 85.0% of Globe Life shares are owned by institutional investors | |
| On 31st of January 2025 Globe Life paid $ 0.24 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: Disposition of 10750 shares by Frank Svoboda of Globe Life at 87.6 subject to Rule 16b-3 |
Globe Life Quarterly Good Will |
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Globe Life uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Globe Life. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Globe Life's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 7th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Globe Life Target Price Consensus
Globe target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Globe Life's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 10 | Strong Buy |
Most Globe analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Globe stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Globe Life, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationGlobe Life Target Price Projection
Globe Life's current and average target prices are 121.84 and 134.80, respectively. The current price of Globe Life is the price at which Globe Life is currently trading. On the other hand, Globe Life's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Globe Life Market Quote on 17th of February 2025
Target Price
Analyst Consensus On Globe Life Target Price
Know Globe Life's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Globe Life is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Globe Life backward and forwards among themselves. Globe Life's institutional investor refers to the entity that pools money to purchase Globe Life's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Mariner Value Strategies, Llc | 2024-12-31 | 1.2 M | Norges Bank | 2024-12-31 | 1 M | Nuveen Asset Management, Llc | 2024-09-30 | 997.2 K | Equity Investment Corp | 2024-12-31 | 986 K | Pzena Investment Management, Llc | 2024-12-31 | 960.2 K | Regions Financial Corp | 2024-09-30 | 933.8 K | Nordea Investment Mgmt Bank Demark A/s | 2024-12-31 | 890.1 K | D. E. Shaw & Co Lp | 2024-09-30 | 879.7 K | Northern Trust Corp | 2024-09-30 | 791.1 K | Vanguard Group Inc | 2024-12-31 | 10.4 M | Blackrock Inc | 2024-09-30 | 5.8 M |
Follow Globe Life's market capitalization trends
The company currently falls under 'Large-Cap' category with a market capitalization of 10.23 B.Market Cap |
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Project Globe Life's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.06 | 0.05 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.25 | 0.18 |
When accessing Globe Life's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Globe Life's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Globe Life's profitability and make more informed investment decisions.
Evaluate Globe Life's management efficiency
Globe Life has Return on Asset (ROA) of 0.0331 % which means that for every $100 of assets, it generated a profit of $0.0331. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.2347 %, which means that it produced $0.2347 on every 100 dollars invested by current stockholders. Globe Life's management efficiency ratios could be used to measure how well Globe Life manages its routine affairs as well as how well it operates its assets and liabilities. The value of Return On Tangible Assets is estimated to slide to 0.04. The value of Return On Capital Employed is expected to slide to 0.05. At this time, Globe Life's Intangibles To Total Assets are quite stable compared to the past year. Fixed Asset Turnover is expected to rise to 39.60 this year, although the value of Total Current Assets will most likely fall to about 801.2 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 42.47 | 44.59 | |
| Tangible Book Value Per Share | 37.91 | 39.81 | |
| Enterprise Value Over EBITDA | 13.02 | 12.37 | |
| Price Book Value Ratio | 2.97 | 2.45 | |
| Enterprise Value Multiple | 13.02 | 12.37 | |
| Price Fair Value | 2.97 | 2.45 | |
| Enterprise Value | 12.2 B | 12.8 B |
The decision-making processes within Globe Life are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Enterprise Value Revenue 2.2247 | Revenue | Quarterly Revenue Growth 0.036 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Globe Life insiders, such as employees or executives, is commonly permitted as long as it does not rely on Globe Life's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Globe Life insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Frank Svoboda few days ago Disposition of 11000 shares by Frank Svoboda of Globe Life at 87.6 subject to Rule 16b-3 | ||
Linda Addison over a month ago Acquisition by Linda Addison of 1604 shares of Globe Life subject to Rule 16b-3 | ||
Frank Svoboda over a month ago Disposition of 16250 shares by Frank Svoboda of Globe Life at 87.6 subject to Rule 16b-3 | ||
Robert Mitchell over three months ago Acquisition by Robert Mitchell of 330 shares of Globe Life subject to Rule 16b-3 | ||
Cheryl Alston over six months ago Acquisition by Cheryl Alston of 1475 shares of Globe Life subject to Rule 16b-3 | ||
Zucconi Paul J over a year ago Globe Life exotic insider transaction detected |
Globe Life Corporate Filings
F4 | 14th of February 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 5th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 4th of February 2025 Other Reports | ViewVerify | |
8K | 30th of January 2025 An amendment to a previously filed Form 8-K | ViewVerify |
Globe Life Earnings Estimation Breakdown
The calculation of Globe Life's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Globe Life is estimated to be 3.24 with the future projection ranging from a low of 3.18 to a high of 3.29. Please be aware that this consensus of annual earnings estimates for Globe Life is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
3.18 Lowest | Expected EPS | 3.29 Highest |
Globe Life Earnings Projection Consensus
Suppose the current estimates of Globe Life's value are higher than the current market price of the Globe Life stock. In this case, investors may conclude that Globe Life is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Globe Life's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2025 | Current EPS (TTM) | |
| 11 | 93.51% | 3.14 | 3.24 | 11.94 |
Globe Life Earnings History
Earnings estimate consensus by Globe Life analysts from Wall Street is used by the market to judge Globe Life's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Globe Life's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.Globe Life Quarterly Gross Profit |
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Globe Life Earnings per Share Projection vs Actual
Actual Earning per Share of Globe Life refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Globe Life predict the company's earnings will be in the future. The higher the earnings per share of Globe Life, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Globe Life Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Globe Life, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Globe Life should always be considered in relation to other companies to make a more educated investment decision.Globe Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Globe Life's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2025-02-05 | 2024-12-31 | 3.1194 | 3.14 | 0.0206 | 0 | ||
2024-10-23 | 2024-09-30 | 3.06 | 3.49 | 0.43 | 14 | ||
2024-07-24 | 2024-06-30 | 2.91 | 2.97 | 0.06 | 2 | ||
2024-04-22 | 2024-03-31 | 2.79 | 2.78 | -0.01 | 0 | ||
2024-02-07 | 2023-12-31 | 2.73 | 2.8 | 0.07 | 2 | ||
2023-10-25 | 2023-09-30 | 2.65 | 2.71 | 0.06 | 2 | ||
2023-07-26 | 2023-06-30 | 2.57 | 2.61 | 0.04 | 1 | ||
2023-05-03 | 2023-03-31 | 2.47 | 2.53 | 0.06 | 2 | ||
2023-02-01 | 2022-12-31 | 2.17 | 2.24 | 0.07 | 3 | ||
2022-10-26 | 2022-09-30 | 2.1 | 2.15 | 0.05 | 2 | ||
2022-07-27 | 2022-06-30 | 2.05 | 2.07 | 0.02 | 0 | ||
2022-04-20 | 2022-03-31 | 1.72 | 1.7 | -0.02 | 1 | ||
2022-02-02 | 2021-12-31 | 1.76 | 1.7 | -0.06 | 3 | ||
2021-10-20 | 2021-09-30 | 1.89 | 1.78 | -0.11 | 5 | ||
2021-07-21 | 2021-06-30 | 1.82 | 1.85 | 0.03 | 1 | ||
2021-04-21 | 2021-03-31 | 1.61 | 1.53 | -0.08 | 4 | ||
2021-02-02 | 2020-12-31 | 1.72 | 1.74 | 0.02 | 1 | ||
2020-10-21 | 2020-09-30 | 1.75 | 1.75 | 0.0 | 0 | ||
2020-07-22 | 2020-06-30 | 1.53 | 1.65 | 0.12 | 7 | ||
2020-04-22 | 2020-03-31 | 1.71 | 1.73 | 0.02 | 1 | ||
2020-02-04 | 2019-12-31 | 1.72 | 1.7 | -0.02 | 1 | ||
2019-10-23 | 2019-09-30 | 1.7 | 1.73 | 0.03 | 1 | ||
2019-07-24 | 2019-06-30 | 1.65 | 1.67 | 0.02 | 1 | ||
2019-04-17 | 2019-03-31 | 1.59 | 1.64 | 0.05 | 3 | ||
2019-02-05 | 2018-12-31 | 1.56 | 1.56 | 0.0 | 0 | ||
2018-10-24 | 2018-09-30 | 1.53 | 1.59 | 0.06 | 3 | ||
2018-07-25 | 2018-06-30 | 1.49 | 1.51 | 0.02 | 1 | ||
2018-04-18 | 2018-03-31 | 1.45 | 1.47 | 0.02 | 1 | ||
2018-02-07 | 2017-12-31 | 1.23 | 1.24 | 0.01 | 0 | ||
2017-10-24 | 2017-09-30 | 1.2 | 1.23 | 0.03 | 2 | ||
2017-07-26 | 2017-06-30 | 1.17 | 1.19 | 0.02 | 1 | ||
2017-04-19 | 2017-03-31 | 1.14 | 1.15 | 0.01 | 0 | ||
2017-02-01 | 2016-12-31 | 1.13 | 1.15 | 0.02 | 1 | ||
2016-10-25 | 2016-09-30 | 1.12 | 1.15 | 0.03 | 2 | ||
2016-07-27 | 2016-06-30 | 1.09 | 1.11 | 0.02 | 1 | ||
2016-04-26 | 2016-03-31 | 1.06 | 1.08 | 0.02 | 1 | ||
2016-02-03 | 2015-12-31 | 1.06 | 1.05 | -0.01 | 0 | ||
2015-10-26 | 2015-09-30 | 1.06 | 1.08 | 0.02 | 1 | ||
2015-07-27 | 2015-06-30 | 1.06 | 1.05 | -0.01 | 0 | ||
2015-04-22 | 2015-03-31 | 1.05 | 1.04 | -0.01 | 0 | ||
2015-02-02 | 2014-12-31 | 1 | 1.0 | 0.0 | 0 | ||
2014-10-22 | 2014-09-30 | 1.02 | 0.99 | -0.03 | 2 | ||
2014-07-23 | 2014-06-30 | 1.03 | 1.02 | -0.01 | 0 | ||
2014-04-22 | 2014-03-31 | 1 | 1.01 | 0.01 | 1 | ||
2014-02-03 | 2013-12-31 | 0.97 | 0.97 | 0.0 | 0 | ||
2013-10-23 | 2013-09-30 | 0.95 | 0.95 | 0.0 | 0 | ||
2013-07-24 | 2013-06-30 | 0.93 | 0.95 | 0.02 | 2 | ||
2013-04-23 | 2013-03-31 | 0.91 | 0.93 | 0.02 | 2 | ||
2013-02-04 | 2012-12-31 | 0.88 | 0.89 | 0.01 | 1 | ||
2012-10-24 | 2012-09-30 | 0.87 | 0.86 | -0.01 | 1 | ||
2012-07-25 | 2012-06-30 | 0.87 | 0.87 | 0.0 | 0 | ||
2012-04-24 | 2012-03-31 | 0.85 | 0.85 | 0.0 | 0 | ||
2012-02-06 | 2011-12-31 | 0.82 | 0.83 | 0.01 | 1 | ||
2011-10-26 | 2011-09-30 | 0.8 | 0.81 | 0.01 | 1 | ||
2011-07-27 | 2011-06-30 | 0.75 | 0.76 | 0.01 | 1 | ||
2011-04-26 | 2011-03-31 | 0.73 | 0.72 | -0.01 | 1 | ||
2011-02-09 | 2010-12-31 | 0.73 | 0.75 | 0.02 | 2 | ||
2010-10-27 | 2010-09-30 | 0.7 | 0.72 | 0.02 | 2 | ||
2010-07-28 | 2010-06-30 | 0.68 | 0.7 | 0.02 | 2 | ||
2010-04-27 | 2010-03-31 | 0.67 | 0.68 | 0.01 | 1 | ||
2010-02-10 | 2009-12-31 | 0.64 | 0.65 | 0.01 | 1 | ||
2009-10-28 | 2009-09-30 | 0.66 | 0.66 | 0.0 | 0 | ||
2009-07-27 | 2009-06-30 | 0.67 | 0.68 | 0.01 | 1 | ||
2009-04-22 | 2009-03-31 | 0.66 | 0.66 | 0.0 | 0 | ||
2009-02-04 | 2008-12-31 | 0.67 | 0.62 | -0.05 | 7 | ||
2008-10-22 | 2008-09-30 | 0.67 | 0.67 | 0.0 | 0 | ||
2008-07-23 | 2008-06-30 | 0.65 | 0.64 | -0.01 | 1 | ||
2008-04-16 | 2008-03-31 | 0.64 | 0.64 | 0.0 | 0 | ||
2008-02-06 | 2007-12-31 | 0.62 | 0.63 | 0.01 | 1 | ||
2007-10-17 | 2007-09-30 | 0.61 | 0.61 | 0.0 | 0 | ||
2007-07-18 | 2007-06-30 | 0.59 | 0.6 | 0.01 | 1 | ||
2007-04-18 | 2007-03-31 | 0.57 | 0.59 | 0.02 | 3 | ||
2007-02-07 | 2006-12-31 | 0.58 | 0.58 | 0.0 | 0 | ||
2006-10-18 | 2006-09-30 | 0.56 | 0.56 | 0.0 | 0 | ||
2006-07-19 | 2006-06-30 | 0.54 | 0.54 | 0.0 | 0 | ||
2006-04-19 | 2006-03-31 | 0.53 | 0.53 | 0.0 | 0 | ||
2006-02-08 | 2005-12-31 | 0.52 | 0.52 | 0.0 | 0 | ||
2005-10-19 | 2005-09-30 | 0.52 | 0.52 | 0.0 | 0 | ||
2005-07-20 | 2005-06-30 | 0.51 | 0.51 | 0.0 | 0 | ||
2005-04-20 | 2005-03-31 | 0.49 | 0.5 | 0.01 | 2 | ||
2005-02-09 | 2004-12-31 | 0.48 | 0.48 | 0.0 | 0 | ||
2004-10-20 | 2004-09-30 | 0.48 | 0.48 | 0.0 | 0 | ||
2004-07-21 | 2004-06-30 | 0.47 | 0.47 | 0.0 | 0 | ||
2004-04-21 | 2004-03-31 | 0.46 | 0.46 | 0.0 | 0 | ||
2004-02-09 | 2003-12-31 | 0.44 | 0.44 | 0.0 | 0 | ||
2003-10-23 | 2003-09-30 | 0.43 | 0.44 | 0.01 | 2 | ||
2003-07-22 | 2003-06-30 | 0.42 | 0.42 | 0.0 | 0 | ||
2003-04-22 | 2003-03-31 | 0.41 | 0.41 | 0.0 | 0 | ||
2003-02-06 | 2002-12-31 | 0.4 | 0.4 | 0.0 | 0 | ||
2002-10-22 | 2002-09-30 | 0.39 | 0.4 | 0.01 | 2 | ||
2002-07-18 | 2002-06-30 | 0.39 | 0.39 | 0.0 | 0 | ||
2002-04-18 | 2002-03-31 | 0.37 | 0.38 | 0.01 | 2 | ||
2002-02-07 | 2001-12-31 | 0.36 | 0.36 | 0.0 | 0 | ||
2001-10-23 | 2001-09-30 | 0.35 | 0.35 | 0.0 | 0 | ||
2001-07-19 | 2001-06-30 | 0.34 | 0.35 | 0.01 | 2 | ||
2001-04-19 | 2001-03-31 | 0.34 | 0.33 | -0.01 | 2 | ||
2001-02-06 | 2000-12-31 | 0.33 | 0.33 | 0.0 | 0 | ||
2000-10-24 | 2000-09-30 | 0.32 | 0.32 | 0.0 | 0 | ||
2000-07-25 | 2000-06-30 | 0.31 | 0.31 | 0.0 | 0 | ||
2000-04-20 | 2000-03-31 | 0.3 | 0.31 | 0.01 | 3 | ||
2000-02-01 | 1999-12-31 | 0.29 | 0.29 | 0.0 | 0 | ||
1999-10-19 | 1999-09-30 | 0.28 | 0.28 | 0.0 | 0 | ||
1999-07-20 | 1999-06-30 | 0.28 | 0.28 | 0.0 | 0 | ||
1999-04-20 | 1999-03-31 | 0.27 | 0.28 | 0.01 | 3 | ||
1999-02-02 | 1998-12-31 | 0.26 | 0.27 | 0.01 | 3 | ||
1998-10-22 | 1998-09-30 | 0.29 | 0.25 | -0.04 | 13 | ||
1998-07-21 | 1998-06-30 | 0.3 | 0.3 | 0.0 | 0 | ||
1998-04-20 | 1998-03-31 | 0.3 | 0.3 | 0.0 | 0 | ||
1998-02-03 | 1997-12-31 | 0.3 | 0.3 | 0.0 | 0 | ||
1997-10-16 | 1997-09-30 | 0.29 | 0.3 | 0.01 | 3 | ||
1997-07-17 | 1997-06-30 | 0.27 | 0.29 | 0.02 | 7 | ||
1997-04-21 | 1997-03-31 | 0.26 | 0.27 | 0.01 | 3 | ||
1997-01-31 | 1996-12-31 | 0.25 | 0.26 | 0.01 | 4 | ||
1996-10-21 | 1996-09-30 | 0.24 | 0.25 | 0.01 | 4 | ||
1996-07-30 | 1996-06-30 | 0.23 | 0.24 | 0.01 | 4 | ||
1996-04-22 | 1996-03-31 | 0.23 | 0.23 | 0.0 | 0 |
Globe Life Corporate Management
| Shane Henrie | Corporate Officer | Profile | |
| Pamela Ramirez | Corporate Senior Vice President - Enterprise Transformation | Profile | |
| James Brannen | Independent Director | Profile | |
| Mary Thigpen | Independent Director | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globe Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Globe Stock please use our How to buy in Globe Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globe Life. If investors know Globe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Globe Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.047 | Dividend Share 0.96 | Earnings Share 11.94 | Revenue Per Share | Quarterly Revenue Growth 0.036 |
The market value of Globe Life is measured differently than its book value, which is the value of Globe that is recorded on the company's balance sheet. Investors also form their own opinion of Globe Life's value that differs from its market value or its book value, called intrinsic value, which is Globe Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globe Life's market value can be influenced by many factors that don't directly affect Globe Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Globe Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globe Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globe Life's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.