- Insurance - Life
- Financial Services
-
11.13
EPS
-
8.17
P/E
-
8.19B
MARKET CAP
-
0.78%
DIV YIELD
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
News
Are Investors Undervaluing Globe Life (GL) Right Now?
2 monthsHere 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.comWhy Globe Life (GL) is a Top Growth Stock for the Long-Term
2 monthsThe 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.com3 Top Earnings Growth Stocks to Buy for August: GL, WT, FR
2 monthsInvest in stocks such as Globe Life (GL), WisdomTree, Inc. (WT) and First Industrial Realty Trust (FR) as of now for superb earnings growth.
zacks.comGL 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 monthsNEW 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.comGlobe Life Inc. (GL) Q2 2024 Earnings Call Transcript
2 monthsGlobe 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.comGL 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 monthsNEW 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.comGlobe Life (GL) Q2 Earnings Beat on Solid Underwriting Income
2 monthsGlobe 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.comHere's What Key Metrics Tell Us About Globe Life (GL) Q2 Earnings
2 monthsThe 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.comGlobe Life (GL) Q2 Earnings Beat Estimates
2 monthsGlobe 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.comGLOBE LIFE INC. REPORTS SECOND QUARTER 2024 RESULTS
2 monthsMCKINNEY, 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.comLong-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 monthsNEW 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.comGlobe Life Inc. (NYSE:GL) Long-term Shareholders are Encouraged to Contact BFA Law about Investigation into the Company
2 monthsNEW 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