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.

Earnings data Q1 2021

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Earnings data Q4 2024

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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MCKINNEY, Texas , Feb. 1, 2023 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) reported today that for the quarter ended December 31, 2022, net income was $2.14 per diluted common share, compared with $1.76 per diluted common share for the year-ago quarter. Net operating income for the quarter was $2.24 per diluted common share, compared with $1.70 per diluted common share for the year-ago quarter.

GLOBE LIFE INC. REPORTS FOURTH QUARTER 2022 RESULTS

MCKINNEY, Texas , Jan. 24, 2023 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) will release Fourth Quarter 2022 earnings after the market closes on Wednesday, February 1, 2023.  At that time a copy of the Company's Q4 - 2022 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 FOURTH QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL

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Since my article in late 2020, GL has rallied 40%, to a new all-time high, and thus it has outperformed the S&P 500 (+8%) by an impressive margin. The stock is trading at a forward price-to-earnings ratio of 12.6 and hence it remains reasonably valued.

Globe Life Remains Reasonably Valued, Even At Its All-Time High

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Globe Life Inc. (NYSE:GL ) Q3 2022 Earnings Conference Call October 27, 2022 11:00 AM ET Company Participants Mike Majors - Investor Relations Gary Coleman - Co-Chief Executive Officer Larry Hutchison - Co-Chief Executive Officer Frank Svoboda - Chief Financial Officer Matt Darden - Chief Strategy Officer Brian Mitchell - General Counsel Conference Call Participants Jimmy Bhullar - JPMorgan Wilma Burdis - Raymond James John Barnidge - Piper Sandler Erik Bass - Autonomous Research. Ryan Krueger - KBW Andrew Kligerman - Credit Suisse Tom Gallagher - Evercore Operator Hello and welcome to the Q3 2022 Globe Life Inc. Earnings Call.

Globe Life Inc. (GL) Q3 2022 Earnings Call Transcript

MCKINNEY, Texas , Oct. 26, 2022 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) today announced changes to the Company's executive leadership team. Effective December 31, 2022, Co-Chairmen and Co-Chief Executive Officers Gary L.

Globe Life Inc. Announces Executive Leadership Changes

MCKINNEY, Texas , Oct, 26, 2022 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) reported today that for the quarter ended September 30, 2022, net income was $1.90 per diluted common share, compared with $1.84 per diluted common share for the year-ago quarter. Net operating income for the quarter was $2.15 per diluted common share, compared with $1.78 per diluted common share for the year-ago quarter.

GLOBE LIFE INC. REPORTS THIRD QUARTER 2022 RESULTS

MCKINNEY, Texas , Oct. 24, 2022 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) will release Third Quarter 2022 earnings after the market closes on Wednesday, October 26, 2022.  At that time a copy of the Company's Q3 - 2022 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 THIRD QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL

Globe Life Inc. has rallied 19% this year, and thus it has outperformed the broad market by an impressive margin, as the S&P 500 has declined 22% during this period. Nevertheless, Globe Life remains reasonably valued.

Globe Life Has Reached My Target Price But Remains Reasonably Valued

88% technical buy signals. 12 new highs and up 8.07% in the last month.

Globe Life: All Time High

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Raymond James on Thursday launched analyst coverage of six insurers, with Prudential Financial Inc. PRU, -1.24% (price target $115), Voya Financial Inc. VOYA, -0.35% (price target $84) and Globe Life Inc. GL, +0.09% (price target $138) all drawing strong buy ratings. Raymond James assigned market perform ratings to MetLife Inc. MET, -1.48% , Principal Financial Group Inc. PFG, -1.02% and Unum Group UNM, -1.11%.

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Globe Life has grown steadily over the years in revenue, net operating income and book value. Analysts expect revenue and earnings per share to grow in the coming years.

Globe Life: A Stock To Hold For The Rest Of Your Life

Globe Life Inc. (NYSE:GL ) Q2 2022 Earnings Conference Call July 28, 2022 12:00 PM ET Company Participants Mike Majors - Executive Vice President, Administration and Investor Relations Gary Coleman - Co-Chairman and CEO Larry Hutchison - Co-Chairman and CEO Frank Svoboda - Senior Executive VP and CFO Conference Call Participants Jimmy Bhullar - JPMorgan Erik Bass - Autonomous Research Andrew Kligerman - Credit Suisse John Barnidge - Piper Sandler Thomas Gallagher - Evercore ISI Ryan Krueger - KBW Operator Good day, everyone, and welcome to the Globe Life Inc. Second Quarter 2022 Earnings Release Conference Call. Today's conference is being recorded.

Globe Life Inc. (GL) CEO Gary Coleman on Q2 2022 Results - Earnings Call Transcript

MCKINNEY, Texas , July 27, 2022 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) reported today that for the quarter ended June 30, 2022, net income was $1.79 per diluted common share, compared with $1.92 per diluted common share for the year-ago quarter. Net operating income for the quarter was $2.07 per diluted common share, compared with $1.85 per diluted common share for the year-ago quarter.

GLOBE LIFE INC. REPORTS SECOND QUARTER 2022 RESULTS

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MCKINNEY, Texas , July 21, 2022 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) will release Second Quarter 2022 earnings after the market closes on Wednesday, July 27, 2022. At that time a copy of the Company's Q2 - 2022 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 SECOND QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL

News for Globe Life Inc Stock (GL)