Streetbeat News

Globe Life Inc.

https://www.globelifeinsurance.com

Industry

Insurance - Life

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.

Open

104.54

Mkt cap

8.8B

Volume

541K

High

105.83

P/E Ratio

8.93

52-wk high

132.00

Low

103.70

Div yield

0.01

52-wk low

38.95

Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against Globe Life Inc. (NYSE:GL) for investors who purchased securities before May 8, 2019. Investors are encouraged to participate in the investigation.

Portfolio Pulse from

December 11, 2024 | 8:00 pm

A lawsuit is pending for certain investors in Globe Life Inc. (NYSE: GL) shares. Investors who purchased shares prior to May 2019 and still hold them are advised to contact the Shareholders Foundation.

Portfolio Pulse from

December 10, 2024 | 4:30 pm

Globe Life (GL) has seen a 2.5% rise in its stock price over the past three months, driven by premium growth, higher invested assets, and strong liquidity. However, the company faces challenges with escalating expenses and high leverage, which may impact its performance compared to the industry.

Portfolio Pulse from

December 09, 2024 | 6:00 pm

Globe Life Inc. is facing scrutiny from short-sellers who allege agency closures and questionable business practices at its subsidiary. Despite this, an analyst remains bullish on the company's prospects.

Portfolio Pulse from

December 05, 2024 | 9:45 pm

Globe Life Inc. (NYSE: GL) has issued a statement refuting allegations made by Viceroy Research. The company highlights the successful transition of American Income Life to a virtual business model, resulting in an increase in agent count from 8,000 in March 2020 to over 12,000 in November 2024.

Portfolio Pulse from

December 04, 2024 | 7:45 pm

The article discusses whether Globe Life (GL) is a good buy for value investors, focusing on the Zacks Rank system which emphasizes earnings estimates and revisions.

Portfolio Pulse from

December 03, 2024 | 4:00 pm

Investors should closely monitor Globe Life (GL) stock due to recent movements in the options market, which may indicate a potential spike in the stock's price.

Portfolio Pulse from

December 02, 2024 | 3:00 pm

Globe Life's board of directors has approved a new share buyback program to repurchase shares worth $1.8 billion, aiming to boost shareholder value.

Portfolio Pulse from

November 19, 2024 | 5:30 pm

Globe Life Inc. has announced a new share repurchase authorization of up to $1.8 billion, replacing the previous $1.3 billion authorization. This move indicates the company's confidence in its financial health and commitment to returning value to shareholders.

Portfolio Pulse from

November 18, 2024 | 12:15 pm

The article discusses whether investors are undervaluing Globe Life (GL) by focusing on the Zacks Rank system, which emphasizes earnings estimates and revisions. It highlights the importance of value, growth, and momentum trends in identifying strong stock picks.

Portfolio Pulse from

November 15, 2024 | 4:00 pm

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