Globe Life Inc. (GL) Stock
Globe Life Inc. delivers diverse life insurance and supplementary health coverage, alongside annuity products, targeting households in the lower-middle to middle-income brackets throughout the United States.
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About Globe Life Inc.
Globe Life Inc. delivers diverse life insurance and supplementary health coverage, alongside annuity products, targeting households in the lower-middle to middle-income brackets throughout the United States. The company's operations are structured into four key segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. Its offerings encompass whole life, term life, and other life protection plans; supplemental health benefits like Medicare supplements, critical illness, and accident policies; and both single-premium and flexible-premium deferred annuities. Founded in 1979 and headquartered in McKinney, Texas, the enterprise rebranded from Torchmark Corporation to Globe Life Inc. in August 2019.
Globe Life Inc. is led by CEO Frank Martin Svoboda, employs 3,695 people, headquartered in McKinney, US, publicly traded since 1980.
Globe Life Inc. (GL) stock trades at $182.25 with a market capitalization of $14.15B. The stock is valued at a price-to-earnings (P/E) ratio of 11.15, price-to-book of 2.04, price-to-sales of 1.91. Over the past 52 weeks the stock has ranged between $116.73 and $184.34, and currently trades 1.1% below its 52-week high. It pays a dividend yielding 0.76%.
On profitability, Globe Life Inc. generates a return on equity (ROE) of 19.43%, above the typical market average, return on capital employed of 24.49%, an operating margin of 24.39%, a net profit margin of 19.37%.
Official website: www.home.globelifeinsurance.com