Globe Life Inc

Globe Life, Inc. is a holding company, which engages in the provision of individual life and supplemental health insurance products and services. It operates through the following segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. The Life Insurance segment includes traditional and interest-sensitive whole life insurance as well as term life insurances. The Supplement Health Insurance segment provides generally guaranteed-renewable and include Medicare, critical illness, accident, and limited-benefit supplement hospital, and surgical coverage. The Annuities segment refers to fixed-benefit contracts. The Investments segment covers the investment portfolio. The company was founded on November 19, 1979, and is headquartered in McKinney, TX.

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Globe Life Inc reports robust Q4 earnings, eyes digital growth

Globe Life Inc delivered strong financial results in Q4 2022, driven by growth in premium revenue and underwriting margins.
Despite challenges from higher expenses and market fluctuations, the company maintained profitability and positioned for future growth.
Opportunities in digital marketing, strategic investments, and product innovation offer avenues for sustained performance and market competitiveness.
Navigating challenges from COVID-related claims, competition, and accounting standards will be crucial for Globe Life's future success.

Globe Life Inc reports steady Q1 performance amidst growth opportunities

Globe Life Inc's Q1 2023 performance reflects steady growth in premium revenue and underwriting margins, supported by strategic investments and share repurchases.
While facing challenges in cost management and potential economic headwinds, the company's focus on sales growth, margin improvement, and financial stability positions it well for future opportunities.
With a strong leverage capacity, prudent risk management, and opportunities for portfolio diversification, Globe Life Inc remains resilient in a competitive insurance market.
Continued focus on agent growth, operational efficiency, and strategic investments will be key to sustaining momentum and driving long-term profitability for Globe Life Inc.

Globe Life Inc reports stable Q2 earnings amidst growth opportunities

Globe Life Inc's Q2 2023 performance reflects stable financial metrics, with growth in insurance premiums and positive sales trends in key divisions.
While facing challenges such as potential Medicare rate impacts and increased expenses, the company demonstrates resilience and adaptability in managing market dynamics.
Opportunities for growth exist through proactive monitoring of market changes, optimizing sales productivity, and leveraging financial strengths to drive shareholder value.
Overall, Globe Life Inc's performance showcases a balanced approach to navigating challenges and capitalizing on opportunities in the insurance sector.

Globe Life Inc posts record Q3 earnings, eyes growth opportunities

Globe Life Inc delivered strong financial results in Q3 2023, driven by increased net income, premium revenue, and net operating income, reflecting operational efficiency and growth potential.
While facing challenges related to capital maintenance and market rate fluctuations, the company's strategic strengths in agent count growth, sales projections, and investment income position it well for future success.
By leveraging opportunities from the Evry Health merger, agent recruitment strategies, and projected earnings growth in 2024, Globe Life Inc can navigate challenges and capitalize on market opportunities to drive sustainable value creation.

Globe Life Inc posts strong Q4 results and anticipates growth

Globe Life Inc's Q4 performance reflects strong revenue growth, margin improvements, and positive sales momentum across key business segments, positioning the company for continued success in 2024.
While facing challenges such as higher mortality rates and margin pressures, Globe Life Inc remains proactive in addressing risks and optimizing operational efficiency to drive profitability.
Opportunities in margin enhancement, market expansion, and sales growth present avenues for sustained financial growth and strategic development in the upcoming year.
Overall, Globe Life Inc's strategic focus on operational excellence, revenue diversification, and financial management underscores a resilient business model poised for long-term success.

Globe Life Inc reports strong Q1 earnings amidst legal challenges

Globe Life Inc delivered robust financial results, addressing legal challenges while focusing on growth opportunities. Despite challenges in lapse rates and agent count, the company remains resilient and proactive in its strategic decisions. With a strong financial position and growth outlook, Globe Life is poised for continued success in 2024.

Globe Life Inc posts strong Q2 earnings, eyes growth opportunities

Globe Life Inc delivered robust financial results in Q2 2024, driven by growth in insurance premiums and solid profitability metrics.
While facing challenges in certain segments, the company's strong performance, integrity, and shareholder-friendly actions position it well for future growth.
With opportunities to leverage excess cash flow and expand in the health insurance market, Globe Life Inc remains poised for sustained success.

Globe Life Inc reports strong Q3 earnings and growth opportunities

Globe Life Inc delivered a robust performance in Q3, marked by significant increases in net income, life insurance premium revenue, and net operating income, despite challenges in health underwriting margin and investment portfolio unrealized losses.
The company's proactive share repurchases, strong agent count trends, and commitment to returning capital to shareholders underscore its financial strength and strategic focus on enhancing shareholder value.
With opportunities for sales growth, investment optimization, and market expansion, Globe Life Inc is well-positioned to navigate challenges, capitalize on strengths, and drive sustainable growth in the insurance sector.

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OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Long-Term Issue Credit Rating of “bbb-” (Good) to the newly issued $325 million 4.25% junior subordinated debentures, due June 15, 2061, of Globe Life Inc. (Globe Life) (headquartered in McKinney, TX) [NYSE: GL]. The outlook assigned to this Credit Rating (rating) is stable. The existing ratings of Globe Life and its insurance subsidiaries remain unchanged. Globe Life's financial leverage and interest coverage ratios remain within AM Best's

AM Best Assigns Issue Credit Rating to Globe Life Inc.'s New Junior Subordinated Notes

MCKINNEY, Texas, June 15, 2021 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) will redeem all of its outstanding 6.125% Junior Subordinated Debentures due 2056 on July 15, 2021. There are $300,000,000 principal amount of the debentures currently outstanding.

Globe Life Inc. Redemption Of 6.125% Junior Subordinated Debentures Due 2056

MCKINNEY, Texas, April 26, 2021 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) announces the live audio webcast of its 2021 Annual Meeting of Shareholders, on Thursday, April 29, 2021 at 10:00 a.m. CDT. To register online to attend the meeting: Go to register.proxypush.com/GL.

Globe Life Inc. Announces Virtual Webcast For 2021 Annual Meeting Of Shareholders

Globe Life, Inc. (GL) CEO Gary Coleman on Q1 2021 Results - Earnings Call Transcript

Shares of Globe Life (NYSE:GL) moved lower after-market trading after the company reported Q1 results. Quarterly Results Earnings per share decreased 11.56% year over year to $1.53, which missed the estimate of $1.62.

Globe Life: Q1 Earnings Insights

MCKINNEY, Texas, April 21, 2021 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) reported today that for the quarter ended March 31, 2021, net income was $1.70 per diluted common share, compared with $1.52 per diluted common share for the year-ago quarter. Net operating income for the quarter was $1.53 per diluted common share, compared with $1.73 per diluted common share for the year-ago quarter.

Globe Life Inc. Reports First Quarter 2021 Results

MCKINNEY, Texas, April 19, 2021 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) will release First Quarter 2021 earnings after the market closes on Wednesday, April 21, 2021.  At that time a copy of the Company's Q1 - 2021 earnings press release and any other financial and statistical information about the quarter will be available on the Company's website at https://investors.globelifeinsurance.com/ under Financial Reports and Other Financial Information.

Globe Life Inc. Announces First Quarter 2021 Earnings Release And Conference Call

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Reviewing Warren Buffett's Small Position in Globe Life

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MCKINNEY, Texas, March 15, 2021 /PRNewswire/ -- The garden at Community Garden Kitchen (CGK) is taking root. To further CGK's mission, Globe Life, located in McKinney, Texas, has donated $50,000 to sponsor the Globe Life Garden, a raised-bed garden located on roughly .25 acres of land at 501 Howard Street in McKinney.

Community Garden Will Help Feed People In Need

Globe Life's EPS decreased, but that's entirely due to the COVID-19 pandemic which increased the benefits payout. Globe Life has a shot at 10% EPS growth this year due to a lower share count and higher earnings.

Globe Life: A Stock You Can Buy And Forget About While It Continues To Compound

Globe Life's (GL) CEO Gary Coleman on Q4 2020 Results - Earnings Call Transcript

MCKINNEY, Texas, Feb. 3, 2021 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) announced today that its Co-Chief Executive Officers Gary Coleman and Larry Hutchison and Chief Financial Officer Frank Svoboda will present Wednesday, February 10, 2021 at the Bank of America Securities 2021 Virtual...

Globe Life Inc. to Present at Bank of America Securities 2021 Virtual Insurance Conference

Globe Life (GL) Q4 earnings reflect higher premiums from Life and Health insurance, partially offset by lower underwriting margins.

Globe Life (GL) Beats Q4 Earnings Estimates, Trims Guidance

Shares of Globe Life (NYSE:GL) were flat in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 2.35% over the past year to $1.74, which beat the estimate of $1.72.

Globe Life: Q4 Earnings Insights

MCKINNEY, Texas, Feb. 2, 2021 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) reported today that for the quarter ended December 31, 2020, net income was $1.93 per diluted common share, compared with $1.69 per diluted common share for the year-ago quarter. Net operating income for the quarter...

Globe Life Inc. Reports Fourth Quarter 2020 Results

MCKINNEY, Texas, Feb. 1, 2021 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) will release Fourth Quarter 2020 earnings after the market closes on Tuesday, February 2, 2021. At that time a copy of the Company's Q4 - 2020 earnings press release and any other financial and statistical...

Globe Life Inc. Announces Fourth Quarter 2020 Earnings Release And Conference Call

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The 2021 Market Outlook And Some New Stock Picks - Ryan Detrick And Eddy Elfenbein Join Alpha Trader (Podcast Transcript)

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The 2021 Market Outlook And Some New Stock Picks - Ryan Detrick And Eddy Elfenbein Join Alpha Trader

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As investors continue searching for Christmas bargains, five undervalued, predictable companies in Warren Buffett (Trades, Portfolio)'s third-quarter equity portfolio are Biogen Inc. (NASDAQ:BIIB), The Kroger Co. (NYSE:KR), Globe Life Inc. (NYSE:GL), M&T Bank Corp. (NYSE:MTB) and Bank of New York Mellon (NYSE:BK) according to advanced current portfolio statistics, a Premium feature of GuruFocus.

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Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that's why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an individual investor's stock selection process, as it may offer great insights of how the brightest minds of the finance industry feel about specific stocks. After all, these people have access to smartest analysts and expensive data/information sources that individual investors can't match. So should one consider investing in Globe Life Inc. (NYSE:GL)? The smart money sentiment can provide an answer to this question.

Were Hedge Funds Right About Piling Into Globe Life Inc. (GL)?

The entire financial sector has incurred a fierce sell-off this year due to the pandemic. The stock of Globe Life has not escaped the carnage.

News for Globe Life Inc Stock (GL)