Globe Life Inc Stock Price, News & Analysis

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.

Globe Life Inc. (NYSE: GL) will announce its Third Quarter 2020 earnings on October 21, 2020, after market close. The detailed earnings report and financial data will be accessible on the company's investor website. A live conference call discussing the earnings will occur on October 22, 2020, at 11:00 AM Eastern. Globe Life specializes in life and supplemental health insurance for middle-income Americans via various distribution channels, including direct marketing and independent agencies.

Globe Life Inc. (NYSE: GL) will announce its Q3 2020 earnings after market close on October 21, 2020. The earnings release will be accessible on the company's website, including comprehensive financial data. A live conference call is scheduled for October 22, 2020, at 11:00 AM Eastern, where stakeholders can listen in for detailed insights. Globe Life specializes in life and supplemental health insurance services targeting middle-income Americans through various distribution channels.

Globe Life Field in McKinney, Texas, will host the 2020 Major League Baseball National League Divisional Series, National League Championship Series, and World Series. This decision aims to minimize COVID-19 exposure, utilizing four 'bubble' locations in California and Texas. Globe Life Field is chosen for its central location and modern amenities, including a retractable roof. This is the first time since 1944 that the World Series will occur at one venue, marking a significant sports milestone. Globe Life, a leader in life insurance, is headquartered in McKinney.