Globe Life Inc Stock Price, News & Analysis

Globe Life Inc. (NYSE: GL) has renewed its endowment with UT Southwestern Medical Center, pledging $300,000 to support family medicine initiatives. This commitment is part of Globe Life's mission to help Make Tomorrow Better. The company has supported UT Southwestern since 2013, and the funds are allocated to the Globe Life Community Medicine Fund. Joel Scarborough, a corporate VP at Globe Life, shared his personal gratitude for the care he received at UT Southwestern, emphasizing its impact on patient care and community health. Globe Life is the leading issuer of ordinary individual life insurance policies in the U.S.

Globe Life Inc. (NYSE: GL) announced that its Co-Chief Executive Officers, Matt Darden and Frank Svoboda, along with Chief Financial Officer Tom Kalmbach, will present at the Raymond James 2023 Institutional Investors Conference on March 7, 2023, starting at 8:40 a.m. ET. The presentation will be available via live webcast, allowing investors and stakeholders to participate remotely. Globe Life specializes in life and supplemental health insurance, primarily for middle-income Americans.

For more information, visit the investor relations page or access the webcast here.

On February 23, 2023, Globe Life Inc. (NYSE: GL) announced a quarterly dividend increase to $.2250 per share, payable on May 1, 2023, to shareholders on record as of April 3, 2023. The company also appointed Alice S. Cho and David A. Rodriguez to its Board of Directors, enhancing its governance with their expertise in financial services, risk management, and human resources. Cho's background includes roles at the Boston Consulting Group and the Federal Reserve, while Rodriguez brings extensive experience from his career at Marriott International and Citigroup. Globe Life focuses on providing life and supplemental health insurance to middle-income Americans.

Globe Life Inc. (NYSE: GL) announced that Co-CEOs Matt Darden and Frank Svoboda, along with CFO Tom Kalmbach, will present at the Bank of America Securities Financial Services Conference 2023. The presentation is scheduled for February 14, 2023, at 3:20 p.m. ET. Interested parties can access the live webcast through the company's investor relations website or via the Bank of America link.

Globe Life specializes in life and supplemental health insurance for middle-income Americans, marketed through various channels including direct consumer and agency sales.

Globe Life Inc. (NYSE: GL) reported increased earnings for Q4 2022, with net income of $2.14 per diluted share, up from $1.76 in Q4 2021. Net operating income improved to $2.24 from $1.70 per share. For the full year, net income rose to $7.47 per share, while net operating income increased to $8.15. Notably, net sales of life and health insurance saw growth, with life premiums climbing 5% and health premiums up 7%. The company repurchased 489,708 shares during Q4 2022. COVID-19 related claims decreased significantly, totaling $5 million for Q4 2022 compared to $58 million the previous year. For 2023, net operating income guidance ranges between $10.20 to $10.50 per diluted share.

Globe Life Inc. (NYSE: GL) is set to release its Fourth Quarter 2022 earnings on February 1, 2023, after market close. The press release will include financial and statistical information, available on their website at investors.globelifeinsurance.com. A conference call will follow on February 2, 2023, at 10:30 AM Eastern, allowing investors to gain insights into the company's performance. Globe Life specializes in providing life and supplemental health insurance targeted at middle-income Americans through various distribution channels.

Globe Life Inc. (NYSE: GL) is set to release its Fourth Quarter 2022 earnings on February 1, 2023, after market close. The earnings press release and related financial information will be available on the company’s website. A live conference call is scheduled for February 2, 2023, at 10:30 AM Eastern, allowing investors to gain insights on the company's performance. Globe Life, a holding company specializing in life and supplemental health insurance for middle-income Americans, utilizes multiple distribution channels for its services.

Globe Life Inc. (NYSE: GL) has declared a quarterly dividend of $.2075 per share, payable to shareholders of record as of January 6, 2023. The payment date is set for February 1, 2023, highlighting the company's commitment to providing returns to its investors. Globe Life Inc. focuses on life and supplemental health insurance for middle-income Americans through various distribution channels including direct marketing and agencies.

Globe Life Inc. (NYSE: GL) announced significant executive leadership changes effective January 1, 2023. Co-CEOs Gary L. Coleman and Larry M. Hutchison will transition to Co-Chairmen of the Board, while J. Matthew Darden and Frank M. Svoboda are appointed as new Co-CEOs. The transition, part of a long-term succession planning process, aims to maintain continuity and growth. Thomas P. Kalmbach will become CFO, and Dolores L. Skarjune will be promoted to Executive Vice President. This leadership shift is expected to enhance the company's focus on basic protection insurance for underserved markets.