• Insurance - Life
  • Financial Services
Globe Life Inc. logo
Globe Life Inc.
GL · US · NYSE
90.91
USD
-2.04
(2.24%)
Company Overview

3700 SOUTH STONEBRIDGE DRIVE,MCKINNEY TX 75070,972-569-4000

CEO

Mr. Frank Martin Svoboda

Employess

3636

Sector

Financial Services

Industry

Insurance - Life

Website

https://www.globelifeinsurance.com

Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle to middle income households in the United States. The company operates through four segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. It offers whole life, term life, and other life insurance products; Medicare supplement and supplemental health insurance, such as critical illness and accident plans; and single-premium and flexible-premium deferred annuities. The company was formerly known as Torchmark Corporation and changed its name to Globe Life Inc. in August 2019. Globe Life Inc. was incorporated in 1979 and is headquartered in McKinney, Texas.

Next Earnings Date

Oct. 23, 2024

Ex Dividends date

Aug. 01, 2024

Dividend Date

July 5, 2024

YTD Performance

-25.52%

Fiscal Year End

12-31

IPO Date

1980-10-01

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 3.74% 4.83% 4.76% 4.46%
EPS 10.27% 10.42% 13.95% 35.23%
Equity 1.74% -3.69% -20.02% -8.36%
Cash 10.81% -3.14% 2.84% 11.45%
Return On Capital (ROIC) 11.71% 9.99% 11.54% 15.97%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 486 449 480 255 299
Long Term Debt 1,630 1,630 1,550 1,670 1,350
LT Finance Leases 0.0 0.0 0.0 0.0 0.0
Shares Outstanding 95.1 97.9 102 106 109
Market Cap 11,600 11,800 9,570 10,100 11,500
Price
Business Segments (Beta)
Geographical Segments (Beta)
Not available
News
Are Investors Undervaluing Globe Life (GL) Right Now?
2 months

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

zacks.com
Why Globe Life (GL) is a Top Growth Stock for the Long-Term
2 months

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

zacks.com
3 Top Earnings Growth Stocks to Buy for August: GL, WT, FR
2 months

Invest in stocks such as Globe Life (GL), WisdomTree, Inc. (WT) and First Industrial Realty Trust (FR) as of now for superb earnings growth.

zacks.com
GL STOCK ALERT: Long-term Globe Life Inc. Shareholders are Notified that BFA Law is Investigating the Company's Board of Directors – Contact BFA Law for Information
2 months

NEW YORK, NY / ACCESSWIRE / July 26, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Globe Life Inc. (NYSE:GL) and its directors and certain senior executives for breaches of their fiduciary duties by failing to stop, and/or condoning, pervasive fraud and sexual harassment at the Company. If you are a long-term holder of Globe Life, you are encouraged to submit your information at: https://www.bfalaw.com/cases-investigations/globe-life-inc .Investigation Details: A recent investor report has exposed troubling allegations that Globe Life is engaged in widespread insurance fraud.

accesswire.com
Globe Life Inc. (GL) Q2 2024 Earnings Call Transcript
2 months

Globe Life Inc. (NYSE:GL ) Q2 2024 Earnings Conference Call July 25, 2024 11:00 AM ET Company Participants Stephen Mota - Senior Director-Investor Relations Frank Svoboda - Co-Chief Executive Officer Matt Darden - Co-Chief Executive Officer Thomas Kalmbach - Chief Financial Officer Mike Majors - Chief Strategy Officer Brian Mitchell - General Counsel. Conference Call Participants Jimmy Bhullar - JPMorgan Wesley Carmichael - Autonomous Research John Barnidge - Piper Sandler Suneet Kamath - Jefferies Elyse Greenspan - Wells Fargo Ryan Krueger - KBW Wilma Burdis - Raymond James Thomas Gallagher - Evercore Operator (Abrupt Start) Globe Life Second Quarter 2024 Earnings Release Conference Call.

seekingalpha.com
GL STOCKHOLDER NOTICE: Long-term Globe Life Inc. (NYSE:GL) Shareholders are Alerted that BFA Law is Investigating the Company and are Notified to Contact the Firm
2 months

NEW YORK, NY / ACCESSWIRE / July 25, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Globe Life Inc. (NYSE:GL) and its directors and certain senior executives for breaches of their fiduciary duties by failing to stop, and/or condoning, pervasive fraud and sexual harassment at the Company. If you are a long-term holder of Globe Life, you are encouraged to submit your information at: https://www.bfalaw.com/cases-investigations/globe-life-inc.

accesswire.com
Globe Life (GL) Q2 Earnings Beat on Solid Underwriting Income
2 months

Globe Life's (GL) second-quarter results reflect higher Life and Health underwriting income, growth in insurance premiums and improved net investment income, offset by higher expenses.

zacks.com
Here's What Key Metrics Tell Us About Globe Life (GL) Q2 Earnings
2 months

The headline numbers for Globe Life (GL) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

zacks.com
Globe Life (GL) Q2 Earnings Beat Estimates
2 months

Globe Life (GL) came out with quarterly earnings of $2.97 per share, beating the Zacks Consensus Estimate of $2.90 per share. This compares to earnings of $2.61 per share a year ago.

zacks.com
GLOBE LIFE INC. REPORTS SECOND QUARTER 2024 RESULTS
2 months

MCKINNEY, Texas , July 24, 2024 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) reported today that for the quarter ended June 30, 2024, net income was $2.83 per diluted common share, compared with $2.24 per diluted common share for the year-ago quarter. Net operating income for the quarter was $2.97 per diluted common share, compared with $2.61 per diluted common share for the year-ago quarter.

prnewswire.com
Long-term Globe Life Inc. Shareholders are Notified that an Investigation has been Initiated Against the Company's Board of Directors; Contact BFA Law for Information
2 months

NEW YORK, NY / ACCESSWIRE / July 24, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Globe Life Inc. (NYSE:GL) and its directors and certain senior executives for breaches of their fiduciary duties by failing to stop, and/or condoning, pervasive fraud and sexual harassment at the Company. If you are a long-term holder of Globe Life, you are encouraged to submit your information at: https://www.bfalaw.com/cases-investigations/globe-life-inc.

accesswire.com
Globe Life Inc. (NYSE:GL) Long-term Shareholders are Encouraged to Contact BFA Law about Investigation into the Company
2 months

NEW YORK, NY / ACCESSWIRE / July 23, 2024 / Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Globe Life Inc. (NYSE:GL) and its directors and certain senior executives for breaches of their fiduciary duties by failing to stop, and/or condoning, pervasive fraud and sexual harassment at the Company. If you are a long-term holder of Globe Life, you are encouraged to submit your information at: https://www.bfalaw.com/cases-investigations/globe-life-inc.

accesswire.com