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Globe Life Inc   (GL)
Other Ticker:  
 
    Sector  Financial    Industry Life Insurance
   Industry Life Insurance
   Sector  Financial
 
Price: $116.6200 $0.59 0.508%
Day's High: $117.79 Week Perf: -6.22 %
Day's Low: $ 115.53 30 Day Perf: -7.3 %
Volume (M): 962 52 Wk High: $ 132.00
Volume (M$): $ 112,153 52 Wk Avg: $114.41
Open: $116.43 52 Wk Low: $102.23



 Market Capitalization (Millions $) 11,242
 Shares Outstanding (Millions) 96
 Employees 3,222
 Revenues (TTM) (Millions $) 5,448
 Net Income (TTM) (Millions $) 971
 Cash Flow (TTM) (Millions $) 11
 Capital Exp. (TTM) (Millions $) 50

Globe Life Inc
Globe Life Inc. is a financial services company that offers life insurance, supplemental health insurance, and annuity products in the United States. The company is headquartered in McKinney, Texas, and was founded in 1951. For over 60 years, Globe Life has been providing affordable life insurance to families across America.

The company operates primarily through its subsidiaries, which include Globe Life And Accident Insurance Company, Liberty National Life Insurance Company, and United American Insurance Company. These companies offer a range of insurance products, including term life, whole life, and accidental death insurance. Globe Life's largest product line is its term life insurance, which is designed to provide coverage for a specific period of time, typically 10 to 30 years.

Globe Life is known for its straightforward approach to insurance, offering simplified applications and underwriting, as well as hassle-free claims. The company is also known for its direct-to-consumer approach, which allows customers to purchase insurance policies online, over the phone or by mail, thereby bypassing traditional agents and brokers.

In addition to its life insurance products, Globe Life also offers a range of supplemental health insurance products, such as cancer, heart, and accident insurance. These products are designed to provide additional financial protection in the event of a major illness or injury.

Globe Life's annuity products provide customers with a way to save for retirement and receive guaranteed income for life. The company's annuities offer a range of features, including fixed and variable interest rates, flexible payout options, and death benefits.

Globe Life Inc. is publicly traded on the New York Stock Exchange under the ticker symbol GL. The company has a market capitalization of over $7 billion and employs over 3,800 people. In 2020, Globe Life reported total revenues of $5.5 billion and net income of $671 million.

In terms of its community engagement, Globe Life has a long-standing partnership with the Texas Rangers baseball team, which includes the naming rights to Globe Life Park in Arlington. The company also supports a range of charitable and community organizations, including St. Jude Children's Research Hospital, the United Way, and the American Heart Association.

Overall, Globe Life Inc. is a well-established and respected company with a strong focus on providing affordable insurance products directly to its customers. Its straightforward approach and commitment to customer satisfaction have made it a popular choice for families across America.


   Company Address: 3700 South Stonebridge Drive McKinney 75070 TX
   Company Phone Number: 569-4000   Stock Exchange / Ticker: NYSE GL
   


Customers recorded net loss Customers recorded net loss



• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CIA   -5.56%    
GNW   -1.11%    
LNC        1.49% 
MET        1.2% 
PRU        1.2% 
VOYA        2.07% 
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Dividend

Globe Life Inc. Raises Dividend, Sets Stage for Potential Increase in the Near Future

Published Mon, Mar 18 2024 8:10 PM UTC



In an exciting development for investors, Globe Life Inc. (NYSE: GL) has recently announced an increase in its quarterly dividend to $.2400 per share on all outstanding common stock of the Company. This decision by the Board of Directors has generated speculation about the company's future prospects and its potential impact on the company's shares.
Fact 1: Decr...

Globe Life Inc

Globe Life Inc sees Double Digit Income per Share Growth of 34.17% in Q4 2023



Globe Life Inc, a prominent Life Insurance company, recently released its Fourth Quarter 2023 financial report, showcasing impressive results. In line with this, the company's stock has experienced a notable increase of 4.44% over the past 30 days, indicating a positive market sentiment. This surge in stock value demonstrates investor confidence in Globe Life's performance, as it also marks a 5.24% increase during the first quarter of 2024. As we delve into the financial results, it becomes evident that Globe Life Inc is poised for further growth and success.
1. Revenue Growth and Increased Profitability:
Globe Life Inc reported a significant revenue growth of 7.033% in the fourth quarter of 2023, reaching $1.42 billion compared to $1.32 billion year-over-year. This growth bodes well for the company's financial stability and future prospects. Moreover, the company's income rose by an impressive 34.17% to $2.92 compared to $2.18 in the prior year quarter. These positive figures indicate robust operational efficiency and improved profitability.

Globe Life Inc

Globe Life Inc. Soars at an Unmatched Pace

Globe Life Inc, a leading player in the Life Insurance industry, has shown impressive financial results in the third quarter of 2023, outperforming its counterparts who are struggling with diminishing orders and revenue. The company reported a 7.19% increase in revenue, reaching $1.38 billion compared to $1.29 billion in the previous year, signifying a strong demand for its products and services.
Additionally, Globe Life Inc witnessed a substantial rise in profits, with an elevation of 41.05% to $2.68 compared to $1.90 in the prior year quarter. This growth in profits showcases the company's ability to effectively navigate the challenging market conditions and capitalize on opportunities.

Globe Life Inc

Markets React to Globe Life Inc's Impressive 25.14% Increase in Income Per Share for Q2 2023

As a stock market journalist, I have been closely following the financial results of Globe Life Inc for the second quarter of 2023. There are a few key figures that stand out and provide valuable insights into the company's performance.
First and foremost, let's talk about the income per share. In the second quarter of 2023, Globe Life Inc saw a significant increase of 25.14% in income per share, reaching $2.24 per share compared to $1.79 per share in the previous year. However, it is worth noting that there was a slight decrease of -1.75% from the prior financial reporting period, where income per share was $2.28. This indicates that while the company has shown growth over the past year, it experienced a minor setback in the recent reporting period.

Globe Life Inc

Globe Life Inc's Remarkable First Quarter of 2023: Surging Top-line Growth Stuns Investors

Globe Life Inc is a fast-growing insurance company with a history dating back to 1951. The company has a strong focus on life insurance, health insurance, and retirement products, and operates in the United States, Canada, and New Zealand. The company has been growing steadily over the years and has consistently delivered strong financial results, which is a testament to its management, products, and services.
As per the latest financial results for the first quarter of 2023, Globe Life Inc reported a return on asset (ROA) of 9.53%, which is a significant improvement from the ROA of 3.3% reported as its average return on assets. This increase is attributed to the growth in net income of the company. However, compared to other financial sector companies, 139 firms had a higher return on assets than Globe Life Inc.






 

Globe Life Inc's Segments
 
 
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  Revenue Outlook
Globe Life Inc does not provide revenue guidance.

Earnings Outlook
Globe Life Inc does not provide earnings estimates.

 
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