Globe Life(GL)
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GL Stock Plunges 16.7% Year to Date: Should You Hold or Fold?
ZACKS· 2024-09-12 13:20
Globe Life Inc. (GL) shares have lost 16.7% in the year-to-date period against the industry's 3.8% growth. It has also underperformed the Finance sector's 12% return and the Zacks S&P 500 composite's 15% growth in the said time frame. Year-to-Date Price Performance Image Source: Zacks Investment Research GL has been grappling with higher expenses over the past few years. Higher total policyholder benefits, amortization of deferred acquisition costs, commissions, premium taxes and non-deferred acquisition co ...
Globe Life Supports Mothers and Children in Need
Prnewswire· 2024-09-10 22:03
Winners presented a ceremonial check and thanked Mother to Mother for their positive impact on the community. "No child, mother, or family should go without their basic needs being met. I am proud to be part of an organization that gives back where we live, work, visit, and serve," said Agency Owner Jason Everett. Janie Busbee, Founder of Mother to Mother, shared her gratitude saying, "Through the generosity of Globe Life, Mother To Mother continues to serve thousands of low-income families across Middle Te ...
Why Globe Life (GL) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-09-06 14:51
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? ...
Globe Life Supports Military and First Responders
Prnewswire· 2024-09-03 20:15
Globe Life has supported Operation Gratitude for more than five years, donating over $100,000, crafting paracord lanyards, writing thank you cards, assembling care packages, and hand-filling Battalion Buddy bears for the children of deployed service members. "We're incredibly proud to support Operation Gratitude as part of our purpose-driven mission to help Make Tomorrow Better," said Jennifer Haworth, Executive Vice President and Chief Marketing Officer at Globe Life. "Our deployed military members and fir ...
Globe Life (GL) Up 11.1% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-08-23 16:38
It has been about a month since the last earnings report for Globe Life (GL) . Shares have added about 11.1% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Globe Life due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Globe Life Q2 Earnings Beat on Solid Underwriting ...
Globe Life Inc. Term Loan Amendment
Prnewswire· 2024-08-15 12:11
MCKINNEY, Texas, Aug. 15, 2024 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) announced that its $170 million delayed draw term loan has been amended effective August 15, 2024. The principal amount of the loan has been increased from $170 million to $250 million and the maturity date has been extended from November 10, 2024 to August 15, 2027. Globe Life Inc. is a holding company specializing in life and supplemental health insurance for the middleincome market distributed through multiple channels, including d ...
Globe Life(GL) - 2024 Q2 - Quarterly Report
2024-08-07 20:35
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to ________ Commission File Number: 001-08052 GLOBE LIFE INC. (Exact name of registrant as specified in its charter) Delaware 63-078040 ...
Are Investors Undervaluing Globe Life (GL) Right Now?
ZACKS· 2024-08-02 14:46
Here 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. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being u ...
Why Globe Life (GL) is a Top Growth Stock for the Long-Term
ZACKS· 2024-08-02 14:46
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style ...
Globe Life(GL) - 2024 Q2 - Earnings Call Transcript
2024-07-25 20:38
Jimmy Bhullar Thomas Kalmbach That's fair, Jimmy. Yes. Operator Thank you. This concludes today's conference call. Thank you for your participation, ladies and gentlemen. You may now disconnect. Okay, thank you. Operator Our next question comes from Wes Carmichael from Autonomous Research. Wesley Carmichael Hey good morning and thanks for taking my questions. I just had one follow-up on Jimmy's last one. But do you have any idea about the form of whether that's senior notes or commercial paper that you want ...