Globe Life Inc. (GL)

Globe Life's stock price has been impacted by several events over the past six months. The company reported strong third-quarter earnings for 2025, with an EPS of $4.73, surpassing the forecast of $4.60, but revenue came in slightly below forecast. Analyst ratings and price targets have varied, with Wells Fargo & Company reducing its price target and Truist Securities raising its price target. There have been notable insider selling activities. The company's stock jumped 4.3% following the announcement that the U.S. Attorney's Office for the Western District of Pennsylvania had closed its investigation into sales practices by certain independent agents, with no enforcement action against Globe Life or its subsidiary, American Income Life, and the SEC also concluded its investigation. In the third quarter of 2025, Globe Life repurchased approximately 840,000 shares of common stock for about $113 million. Between October 21, 2024, and October 20, 2025, the share price increased by 22.85%.

Information directly detailing the seasonality of demand for Globe Life, Inc.'s specific insurance products and services is not explicitly available. The insurance industry, in general, can experience some seasonality influenced by factors such as tax seasons, open enrollment periods for health insurance, and year-end financial reviews. The company's focus on direct-to-consumer and agency sales to middle-income families suggests a relatively consistent demand for basic life and supplemental health protection, which may be less susceptible to extreme seasonal fluctuations compared to other industries.

Globe Life, Inc. is a financial services holding company specializing in life and supplemental health insurance products, operating within the Finance sector and the Multi-Line Insurance industry. Its products include traditional whole life and term life insurance, as well as supplemental health insurance products. Globe Life distributes its products through a direct-to-consumer division, exclusive agencies, and independent agents, primarily targeting lower middle- and middle-income families in the United States.

Globe Life primarily operates in the United States, with its headquarters in McKinney, Texas, and additional locations in other states. Through its subsidiary, American Income Life Insurance Company, Globe Life also has a presence in Canada and New Zealand. The company is exploring opportunities for international expansion.

Globe Life maintains its brand presence through various sponsorships and community involvement, including partnerships with sports teams. In 2023, Globe Life, its agencies, and employees collectively donated over $4.11 million. Globe Life announced it was cleared in a federal investigation by the U.S. Attorney's Office for the Western District of Pennsylvania concerning sales practices by certain independent agents, and the SEC investigation was concluded, which would further bolster its reputation by resolving regulatory scrutiny.

Globe Life, Inc. is predominantly owned by institutional shareholders, who hold 83.65% of the company's stock. Globe Life insiders own 8.97%, and retail investors hold 7.37%. Key institutional investors include Vanguard Group Inc., BlackRock, Inc., and Wellington Management Group Llp. Charles B. Hudson is the largest individual shareholder, possessing 1.39 million shares, representing 1.72% of the company. Company insiders collectively own under 1% of the company.