Globe Life Inc Stock Price, News & Analysis

Globe Life's Liberty National Division has raised $77,094 for Mother to Mother, a Tennessee-based organization supporting low-income families. The Everett Agencies won the annual convention contest by raising $15,090. Mother to Mother, founded in 2004, has distributed millions of essential items to children from newborn to age 10. Globe Life (NYSE: GL) is headquartered in McKinney, TX, with over 15,000 insurance agents and 3,000 corporate employees. The company and its subsidiaries have more than 17 million life insurance policies in force, making it the largest in the country by number of policies and policyholders.

Globe Life (NYSE: GL) and its employees have continued their support for Operation Gratitude, an organization that honors military and first responders. In 2023, they donated nearly $30,000 and recently packed 1,600 care kits and 1,000 paracord lanyards. Over the past five years, Globe Life has contributed over $100,000 to the cause.

Jennifer Haworth, Executive VP and CMO at Globe Life, emphasized the company's commitment to their purpose-driven mission. Meg Barron, Executive Director of Operation Gratitude, acknowledged Globe Life's role in reaching the milestone of four million Care Packages distributed.

Globe Life, headquartered in McKinney, TX, has over 15,000 insurance agents and 3,000 corporate employees. It is the largest life insurance company in the country by number of policies and policyholders, with more than 17 million policies in force.

Globe Life Inc. (NYSE: GL) has announced a significant amendment to its delayed draw term loan, effective August 15, 2024. The loan's principal amount has been increased from $170 million to $250 million, representing a substantial 47% increase in available funds. Additionally, the maturity date has been extended by nearly three years, moving from November 10, 2024, to August 15, 2027. This amendment provides Globe Life with enhanced financial flexibility and a longer-term funding solution.

Globe Life Inc. is a holding company that specializes in life and supplemental health insurance for the middle-income market. The company's products are distributed through multiple channels, including direct-to-consumer and exclusive and independent agencies, allowing for broad market reach.

Globe Life Inc. (NYSE: GL) has announced a quarterly dividend of $0.2400 per share on its outstanding common stock. The dividend will be paid on November 1, 2024 to shareholders of record as of the close of business on October 4, 2024. Globe Life Inc. is a holding company that specializes in life and supplemental health insurance for the middle-income market. The company distributes its products through multiple channels, including direct-to-consumer and exclusive and independent agencies.

Globe Life (NYSE: GL) reported strong Q2 2024 results with net income at $2.83 per diluted share, a 26% increase from $2.24 in the previous year. Net operating income rose to $2.97 per share, up from $2.61. Key divisions showed significant growth: American Income Life saw a 16% rise in life net sales, Liberty National achieved an 11% increase, and Family Heritage reported a 7% increase in health net sales. Total underwriting margin increased by 8%, and net investment income grew by 9%. The company repurchased 3.8 million shares at an average price of $81.87. Guidance for 2024 projects net operating income between $11.80 to $12.10 per diluted share.

Globe Life Inc. (NYSE: GL) has announced its Second Quarter 2024 earnings release and conference call schedule. The company will release its Q2 2024 earnings after market close on Wednesday, July 24, 2024. Financial information, including the earnings press release, will be available on the company's investor relations website. A conference call is scheduled for Thursday, July 25, 2024, at 11:00 am Eastern (10:00 am Central) to discuss the results.

Investors can access the live call and replay through the company's website or by dialing 1-786-697-3501 (Passcode: Globe Life Inc.). Globe Life Inc. specializes in life and supplemental health insurance for the middle-income market, distributed through multiple channels including direct-to-consumer and agency networks.

Globe Life's American Income/National Income Division and its agents raised $106,015 for Convoy of Hope, a nonprofit disaster relief organization. The fundraising effort was in response to the Maui disaster, with the Surace-Smith-Bendure-Hartwig organization contributing the highest agency donation of $11,443. Convoy of Hope used the funds to provide temporary housing, water, food, hygiene supplies, and generators to affected families.

Globe Life (NYSE: GL) is committed to supporting various nonprofit organizations as part of its purpose-driven mission. The company, headquartered in McKinney, TX, has over 15,000 insurance agents and 3,000 corporate employees. Globe Life and its subsidiaries have issued more life insurance policies than any other life insurance company in the country, with over 17 million policies in force.

Globe Life (NYSE: GL) will release its Second Quarter 2024 earnings on July 24, 2024, after market close. Details about the earnings will be available on their website. The company will also host a live conference call on July 25, 2024, at 11:00 AM Eastern, which can be accessed via their website or by dialing 1-786-697-3501 with the passcode 'Globe Life Inc.' Globe Life specializes in life and supplemental health insurance for the middle-income market, distributing through direct channels and various agencies.

Globe Life Inc. (NYSE: GL) declared a quarterly dividend of $.2400 per share on all outstanding common stock, payable on Aug 1, 2024. The company specializes in life and health insurance for the middle-income market.