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Barchart
Sohini Mondal

Are Wall Street Analysts Bullish on Globe Life Stock?

GL Globe Life Insurance US Federal Reserve

Valued at a market cap of $9.2 billion, Globe Life Inc. (GL) is a financial services holding company that provides life insurance, annuities, and supplemental health insurance products. The McKinney, Texas-based company serves middle-income families through its subsidiaries and various distribution channels.

Shares of the life and health insurance company have underperformed the broader market over the past 52 weeks. GL has dipped 6.4% over this time, while the broader S&P 500 Index ($SPX) has rallied 30.4%. In 2024, shares of GL are down 10.3%, compared to SPX’s 23.1% gain on a YTD basis.

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