Globe Life Inc Stock Price, News & Analysis

Globe Life Inc. (NYSE: GL) is set to release its First Quarter 2021 earnings on April 21, 2021, post-market close. Investors can access the earnings press release and financial details on the company's website. A conference call to discuss these earnings will occur on April 22, 2021, at 11:00 am Eastern. Globe Life specializes in life and supplemental health insurance for middle-income Americans via various distribution channels, including direct-to-consumer and agency models.

Globe Life Inc. (NYSE: GL) has announced an increase in its quarterly dividend to $.1975 per share, applicable to all outstanding common stock as of the close of business on April 5, 2021. The dividend payment is scheduled for April 30, 2021. This decision reflects the company's commitment to providing value to its shareholders while maintaining its position in the life and supplemental health insurance market for middle-income Americans.

On March 15, 2021, Globe Life announced a $50,000 donation to sponsor the Globe Life Garden at Community Garden Kitchen (CGK) in McKinney, Texas. This initiative aims to support CGK's mission to provide freshly cooked meals to those in need without paperwork or questions. The 4,400-square-foot kitchen is set to open this spring, and the garden will also serve educational purposes, teaching gardening skills. Globe Life emphasizes its commitment to community welfare through this partnership, benefiting both the kitchen's operational needs and local food security.

Globe Life Inc. (NYSE: GL) announced that its Co-CEOs Gary Coleman and Larry Hutchison, along with CFO Frank Svoboda, will present at the Bank of America Securities 2021 Virtual Insurance Conference on February 10, 2021, starting at 8:10 am ET. The presentation will be accessible via live webcast on the company's investor relations website. Globe Life specializes in life and supplemental health insurance targeting middle-income Americans through various distribution channels.

Globe Life Inc. (NYSE: GL) reported Q4 2020 net income of $1.93 per diluted share, up from $1.69 year-over-year, while net operating income was $1.74 per share, increasing from $1.70. Full-year net income was $6.82 per share, slightly down from $6.83. Life premiums saw a 10% increase in the American Income Life Division and 7% in Direct to Consumer. However, the company incurred $27 million in COVID-related life claims during Q4. Projected net operating income for 2021 is between $7.16 and $7.56 per share, reflecting anticipated future claims due to COVID-19.

Globe Life Inc. (NYSE: GL) will release its Fourth Quarter 2020 earnings after market close on February 2, 2021. Investors can access the earnings press release and financial information on its website. Additionally, a live conference call is scheduled for February 3, 2021, at 11:00 a.m. Eastern, for discussing the earnings results. Globe Life specializes in life and supplemental health insurance targeting middle-income Americans and operates through various distribution channels.

Globe Life Inc. (GL) will release its Fourth Quarter 2020 earnings after market close on February 2, 2021. The earnings report will provide comprehensive financial data and statistics for the quarter. Following the release, a conference call will be held on February 3, 2021, at 11:00 AM Eastern, allowing investors to listen live via the company's investor relations website. This event aims to inform stakeholders about the company's financial performance targeting middle-income Americans through various marketing channels.

Globe Life Inc. (NYSE: GL) has declared a quarterly dividend of $.1875 per share on its common stock. The dividend, applicable to shareholders as of the close on January 8, 2021, is set to be paid on February 1, 2021. This announcement reflects the company's ongoing commitment to shareholder returns and highlights its operations in life and supplemental health insurance, targeting middle-income Americans through various distribution channels.

Globe Life Inc. (NYSE: GL) reported Q3 2020 results, showing a net income of $1.76 per diluted share, down from $1.82 YoY. Net operating income rose to $1.75 per share, compared to $1.73 last year. Life premiums surged by 9% in the American Income Life Division and 8% in Direct to Consumer, while health premiums increased by 8%. COVID-19 claims are projected at $56 million for the year. The company repurchased 1.4 million shares during the quarter, and it anticipates net operating income per share between $6.84 and $7.00 for 2020, with a 2021 projection of $7.30 to $7.80.