Company Overview - Globe Life Inc. is an insurance holding company based in McKinney, TX, founded in 1979, primarily marketing individual life and supplemental health insurance to lower-middle to middle-income households in the United States [11] - The company offers a variety of nonparticipating ordinary life insurance products, including traditional whole life, term life, and supplemental health insurance products such as Medicare Supplement and critical illness plans [11] Investment Ratings - Globe Life is currently rated 3 (Hold) on the Zacks Rank, with a VGM Score of B, indicating a moderate investment potential [12] - The company has a Momentum Style Score of B, with shares increasing by 5.4% over the past four weeks [12] Earnings Estimates - For fiscal 2024, six analysts have revised their earnings estimates upwards in the last 60 days, with the Zacks Consensus Estimate increasing by $0.18 to $11.93 per share [12] - Globe Life has an average earnings surprise of 1.5%, suggesting a positive trend in earnings performance [12] Investment Considerations - With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, Globe Life is recommended for investors looking for potential opportunities in the finance sector [13]
Here's Why Globe Life (GL) is a Strong Momentum Stock