GL Globe Life Dashboard

Globe Life is headquartered in McKinney, TX and has more than 11,000 insurance agents and 3,000 corporate employees. Globe Life's insurance subsidiaries include American Income Life, Family Heritage Life, Globe Life And Accident Insurance Company, Globe Life Insurance Company of New York, Liberty National Life, National Income Life, and United American.

Company profile

Ticker

GL, GL-PC, GL-PD

Exchange

NYSE

Website

www.globelifeinsurance.com

CEO

Gary L. Coleman / Larry M. Hutchison

Incorporated

Delaware

Location

Texas

Fiscal year end

Dec 31

Sector

Finance and Insurance > Direct Life Insurance Carriers

Industry (SIC)

Life Insurance

Metlife • Prudential Financial • Lincoln National Life Insurance • Brighthouse Financial • Voya Financial • Lincoln National • Genworth Financial • Athene Holding • Protective Life • Reinsurance Group Of America ...

Former names

TORCHMARK CORP

SEC CIK

0000320335

Corporate docs

Articles of Incorporation & Bylaws

IRS number

630780404

GL stock data

S&P 500

1M 1Y 2Y 5Y

News

Pro users get this 30m faster

Globe Life: Q2 Earnings Insights

21 Jul 21

Shares of Globe Life (NYSE:GL) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 12.12% year over year to $1.85, which beat the estimate of $1.83.

Globe Life Q2 EPS $1.85 Beats $1.83 Estimate, Sales $1.27B Beat $1.24B Estimate

21 Jul 21

Globe Life (NYSE:GL) reported quarterly earnings of $1.85 per share which beat the analyst consensus estimate of $1.83 by 1.09 percent. This is a 12.12 percent increase over earnings of $1.65 per share from the same

Earnings Outlook For Globe Life

20 Jul 21

Globe Life (NYSE:GL) announces its next round of earnings this Wednesday, July 21. Here is Benzinga's everything-that-matters guide for this Wednesday's Q2 earnings announcement.

Piper Sandler Maintains Neutral on Globe Life, Lowers Price Target to $100

8 Jul 21

Insurance Stocks Moving In Monday's Intraday Session

21 Jun 21

Press releases

Pro users get this 30m faster

AM Best Affirms Credit Ratings of Globe Life Inc. and its Subsidiaries

29 Jul 21

AM Best has affirmed the Financial Strength Rating (FSR) A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "a+" (Excellent) of the key life/health subsidiaries of Globe Life Inc. (Globe Life)

Globe Life Inc. Reports Second Quarter 2021 Results

21 Jul 21

MCKINNEY, Texas, July 21, 2021 /PRNewswire/ --Globe Life Inc. (NYSE:GL) reported today that for the quarter ended June 30, 2021, net income was $1.92 per diluted common share, compared with $1.62 per diluted common share

Globe Life Inc. Announces Second Quarter 2021 Earnings Release And Conference Call

19 Jul 21

MCKINNEY, Texas, July 19, 2021 /PRNewswire/ -- Globe Life Inc. (NYSE:GL) will release Second Quarter 2021 earnings after the market closes on Wednesday, July 21, 2021. At that time a copy of the Company's Q2 - 2021

Globe Life Inc. Announces Second Quarter 2021 Earnings Release And Conference Call

13 Jul 21

AM Best Assigns Issue Credit Rating to Globe Life Inc.'s New Junior Subordinated Notes

16 Jun 21

Investment data

Data from SEC filings

1 long holdings End of quarter 31 Mar 21	Value	#Shares	Prev Q	Change %, QoQ
Vanguard Index FDS	$259.87M	713.35K	713.35K	0

Globe Life holdings history Holdings history

Holdings list only includes long positions. Only includes long positions.

Calendar

6 May 21

31 Jul 21

31 Dec 21

Financial summary

Financial statements Chart GL financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Globe Life earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	81.5M	81.5M	81.5M	81.5M	81.5M	81.5M
Cash burn (monthly)	4.45M	738.83K	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	17.86M	2.97M	n/a	n/a	n/a	n/a
Cash remaining	63.65M	78.54M	n/a	n/a	n/a	n/a
Runway (months of cash)	14.3	106.3	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

GL insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
4 Jul 21	Cheryl Alston	Common Stock	Payment of exercise	Dispose F	No	No	95.79	620	59.39K	3,336
4 Jul 21	Robert W Ingram	Common Stock	Payment of exercise	Dispose F	No	No	95.79	382	36.59K	32,231.778
4 Jul 21	Marilyn A Alexander	Common Stock	Payment of exercise	Dispose F	No	No	95.79	676	64.75K	17,610.749
2 Jun 21	Melissa Jane Buchan	Common Stock	Sell	Dispose S	No	No	105.8907	11,667	1.24M	82,870.086
2 Jun 21	Melissa Jane Buchan	Common Stock	Option exercise	Aquire M	No	No	54.16	11,667	631.88K	94,537.086
2 Jun 21	Melissa Jane Buchan	Director Stock Option Common Stock	Option exercise	Dispose M	No	No	54.16	11,667	631.88K	0

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

GL institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

13F holders	Current	Prev Q	Change
Total holders	0	0
Opened positions	0	0
Closed positions	0	1	EXIT
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	0	0
Total shares	0	0
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change

Largest transactions	Shares	Bought/sold	Change

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

CNO Financial

Management Discussion

GLOBE LIFE INC.
Current Highlights, comparing first quarter 2021 with 2020.
•Net income as a return on equity (ROE) for the three months ended March 31, 2021 was 8.6% and net operating income as an ROE, excluding net unrealized gains on the fixed maturity portfolio(1) was 11.4%.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	8th grade Avg

New words: Absent, back, construction, counterbalance, dash, declaratory, disposed, efficiently, exceeded, faster, FLSA, half, hindered, history, incentive, interact, interaction, lockdown, mandatory, midpoint, moderate, pace, parallel, partially, persistency, procedural, refiled, upgrade, voluntarily

Removed: accretion, accrued, adherence, advance, advanced, aggregate, airline, AOCI, apparel, applying, appraisal, assuming, auto, balloon, beneficial, borrowed, breadth, cancellation, careful, carried, CDC, CECL, challenge, classification, collateral, collect, collectability, collection, commodity, comply, conservative, constantly, costly, criteria, debit, deemed, default, delay, delayed, department, depressed, derive, difficult, discounted, disruptive, distressed, dramatically, driller, drilling, effort, emerge, encouraged, encouraging, energy, enhance, equate, escalating, essential, European, expecting, exploration, extend, extending, Facilitation, field, floor, foreclosure, foresee, forward, frequently, gas, global, grace, granting, greatly, guided, heightening, hire, identified, ii, iii, illiquidity, impaired, impairment, implicit, Inability, incident, increasing, indirectly, individually, inherent, international, judicial, lapsed, Legislative, leisure, lesser, local, LTV, macro, making, mapping, met, midstream, model, modernization, monthly, move, municipal, offsetting, offshore, oil, opportunistic, optional, orderly, origination, OTTI, overnight, overseen, past, permanent, permitted, pivot, postponing, potentially, predict, predominantly, privacy, prohibiting, properly, prospective, prospectively, published, quickly, receipt, receivable, receive, record, recording, recoverable, reduced, reference, reform, regulated, reinvesting, relating, relaxing, remotely, removal, repaid, repay, replaced, replacing, requiring, research, restaurant, restructuring, retail, retained, retention, retrospectively, reversal, revert, revised, safety, secured, separately, shared, simplifying, slowdown, slower, smooth, SOFR, sovereign, specific, spread, storage, subjective, subordination, subsector, supportable, susceptibility, team, technical, terminate, terminated, transaction, transportation, troubled, trucking, unamortized, uncertain, unchanged, underperforming, undertaken, updated, utilized, viewing, vulnerable, weight, wholesaling, widening, workforce, working, write, written

From filing 10-Q 2021 Q1