Globe Life (GL) Projected to Announce Quarterly Earnings on Wednesday

Globe Life (NYSE:GL) is projected to issue its Q3 2026 results after the market closes on Wednesday, October 21st. Analysts expect Globe Life to announce earnings of $4.91 per share and revenue of $1.56 billion for the quarter. Globe Life has set its FY 2026 guidance at 15.550-15.950 EPS. Interested persons are encouraged to explore the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, October 22, 2026 at 11:00 AM ET.

Globe Life (NYSE:GL) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $3.61 earnings per share for the quarter, missing analysts’ consensus estimates of $3.67 by ($0.06). The company had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.59 billion. Globe Life had a net margin of 19.58% and a return on equity of 20.52%. The business’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same period in the prior year, the business earned $3.05 EPS. On average, analysts expect Globe Life to post $15.70 EPS for the current fiscal year and $16.51 EPS for the next fiscal year.

Globe Life Stock Performance

Shares of Globe Life stock opened at $167.72 on Tuesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.07 and a quick ratio of 0.07. The firm has a 50 day simple moving average of $171.14 and a 200 day simple moving average of $166.67. Globe Life has a fifty-two week low of $127.85 and a fifty-two week high of $191.55. The firm has a market cap of $12.89 billion, a P/E ratio of 11.14 and a beta of 0.44.

Globe Life Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Monday, October 5th will be issued a dividend of $0.33 per share. The ex-dividend date of this dividend is Monday, October 5th. This represents a $1.32 annualized dividend and a yield of 0.8%. Globe Life’s dividend payout ratio is currently 8.76%.

Globe Life declared that its Board of Directors has approved a share buyback plan on Monday, August 10th that permits the company to buy back $2.50 billion in shares. This repurchase authorization permits the company to repurchase up to 17.7% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its stock is undervalued.

Analysts Set New Price Targets

Several research firms have recently commented on GL. Weiss Ratings cut Globe Life from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, October 6th. Piper Sandler boosted their target price on Globe Life from $175.00 to $200.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 15th. TD Cowen upped their price target on Globe Life from $215.00 to $225.00 and gave the company a “buy” rating in a research note on Wednesday, July 22nd. Jefferies Financial Group raised their price target on Globe Life from $147.00 to $166.00 and gave the company a “hold” rating in a report on Friday, July 10th. Finally, JPMorgan Chase & Co. raised their price target on Globe Life from $193.00 to $195.00 and gave the company an “overweight” rating in a report on Thursday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Globe Life currently has an average rating of “Moderate Buy” and an average price target of $189.56.

Insider Buying and Selling at Globe Life

In other Globe Life news, EVP Michael Majors sold 37,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $178.64, for a total value of $6,609,680.00. Following the transaction, the executive vice president directly owned 53,518 shares of the company’s stock, valued at approximately $9,560,455.52. This trade represents a 40.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO James Darden sold 50,000 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The shares were sold at an average price of $182.43, for a total transaction of $9,121,500.00. Following the completion of the transaction, the chief executive officer directly owned 58,451 shares in the company, valued at approximately $10,663,215.93. The trade was a 46.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 143,650 shares of company stock valued at $25,793,717. 2.11% of the stock is currently owned by corporate insiders.

About Globe Life

Globe Life Inc (NYSE: GL) is an insurance holding company that provides individual life and supplemental health insurance products through a network of wholly owned subsidiaries. Its offerings are designed primarily for middle-income households and include term and whole life insurance, mortgage protection coverage, accident and supplemental health insurance, Medicare supplement policies, and annuities.

The company markets its products through several distribution channels, including exclusive and independent agency networks, direct-to-consumer sales, and workplace or union-affiliated programs.