Globe Life(GL)

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Globe Life: A Stalwart That Can Balance Growth And Profitability
Seeking Alpha· 2025-01-23 05:16
Company Profile - Globe Life (NYSE: GL) exhibits a classic Peter Lynch stalwart-like profile, characterized by steady growth and high profitability driven by disciplined underwriting practices [1] - The company's impressive growth trajectory is expected to continue, supported by its strong operational framework [1] Investment Philosophy - The investor adopts an owner-mindset, focusing on low-risk, high-uncertainty bets and seeking bargains in any market, particularly in emerging markets [1] - The investment approach is heavily influenced by the works of Henry Hazlitt, Friedrich Hayek, and Ludwig Von Mises, with a preference for Austrian economic thinking [1] - The investor emphasizes the importance of maintaining an investment journal to track successes and learn from failures, aiming to clarify investment ideas and share them publicly [1] Educational Background - The investor holds a Bachelor's degree in Business with a concentration in Finance from NYU Stern, which informs their analytical approach to investment [1]
Globe Life Inc. AnnouncesFourth Quarter 2024 Earnings Release and Conference Call
Prnewswire· 2025-01-16 22:22
MCKINNEY, Texas, Jan. 16, 2025 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) will announce its Fourth Quarter 2024 financial results after the market closes on Wednesday, February 5, 2025. At that time, a copy of the Company's Fourth Quarter 2024 earnings press release and any other financial and statistical information about the quarter will be available on the Company's website, https://investors.globelifeinsurance.com/, under Financial Reports and Other Financial Information.A live conference call will broa ...
Globe Life Rallies 33.9% in 6 Months: Here's How to Play the Stock
ZACKS· 2025-01-10 16:36
Shares of Globe Life Inc. (GL) have gained 33.9% in the past six months, outperforming the industry's growth of 14%. The Finance sector and the Zacks S&P 500 index have returned 8.9% and 6.3%, respectively, in the said time frame. With a market capitalization of $9.58 billion, the average volume of shares traded in the last three months was 0.6 million.GL Outperforms Industry, Sector, S&P in 6 MonthsImage Source: Zacks Investment ResearchEarnings have grown 12.4% in the past five years, better than the indu ...
Globe Life (GL) Stock Jumps 3.3%: Will It Continue to Soar?
ZACKS· 2024-12-23 14:05
Globe Life (GL) shares rallied 3.3% in the last trading session to close at $109.39. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 2.8% loss over the past four weeks.Globe Life has been witnessing a positive trend in revenues, driven by premium growth in its Life Insurance and Health Insurance segments and net investment income. GL’s expansion initiatives to capture heavily populated and less penetrated are ...
Globe Life Inc. Issues Statement Refuting False Short Seller Report
Prnewswire· 2024-12-04 19:32
MCKINNEY, Texas, Dec. 4, 2024 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) has issued the following statement refuting the allegations raised in a report published today by Viceroy Research:Following the rapid onset of the pandemic, American Income Life (AIL) and its independent agency owners began transitioning to a virtual business model, which in turn led many agency owners to realign their real estate portfolios. By enabling our agents to work virtually, providing work flexibility and eliminating overhead ...
Is the Options Market Predicting a Spike in Globe Life (GL) Stock?
ZACKS· 2024-12-02 14:51
Investors in Globe Life Inc. (GL) need to pay close attention to the stock based on moves in the options market lately. That is because the Jan 17, 2025 $25 Put had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean t ...
Globe Life Boosts Shareholder Value, Okays Buyback Program
ZACKS· 2024-11-19 17:05
The board of directors of Globe Life Inc. (GL) recently announced the authorization to buy back up to $1.8 billion of the company’s common shares under the existing stock repurchase program. This program replaces the earlier authorization of $1.3 billion, which was announced on April 29, 2024.Backed by a sustained operational performance, Globe Life has maintained a strong liquidity position with sufficient cash-generation capabilities. The parent company began the quarter with liquid assets of approximatel ...
Globe Life Announces New Share Repurchase Authorization
Prnewswire· 2024-11-18 12:00
MCKINNEY, Texas, Nov. 18, 2024 /PRNewswire/ -- Globe Life Inc. (NYSE:GL) announced that its Board of Directors has approved an authorization to repurchase up to $1.8 billion of common stock under the Company's existing stock repurchase program. This authorization has no set time period and replaces the previous authorization of $1.3 billion announced on April 29, 2024. "We are pleased to announce this new authorization, which demonstrates the Board's well-founded confidence in our business model. Our insura ...
Globe Life(GL) - 2024 Q3 - Quarterly Report
2024-11-06 22:01
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 September 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 63-0 ...
Globe Life(GL) - 2024 Q3 - Earnings Call Transcript
2024-10-24 19:37
Globe Life Inc. (NYSE:GL) Q3 2024 Earnings Conference Call October 24, 2024 11:00 AM ET Company Participants Stephen Mota - Senior Director-Investor Relations Frank Svoboda - Co-Chief Executive Officer Matt Darden - Co-Chief Executive Officer Thomas Kalmbach - Chief Financial Officer Mike Majors - Chief Strategy Officer Brian Mitchell - General Counsel Conference Call Participants Jimmy Bhullar - JPMorgan Wesley Carmichael - Autonomous Research John Barnidge - Piper Sandler Andrew Kligerman - TD Cowen Elyse ...