Globe Life Inc. (GL)

In April 2025, Globe Life reported strong first-quarter results, including increases in net income and operating income per share, and declared a dividend. In July 2025, the company announced its second-quarter results, reporting increased net income and operating income per share, and announced the closing of a Department of Justice investigation and the conclusion of an SEC investigation. In August 2025, Globe Life declared a quarterly dividend and announced a dual listing of its common stock on NYSE Texas. In September 2025, the stock experienced a notable increase, outperforming the broader U.S. insurance index due to solid business results and bullish sentiment. In October 2025, the company declared a quarterly dividend payable on October 31, 2025.

Demand for insurance products exhibits seasonal patterns, with health insurance activity peaking in the fourth quarter due to employer coverage and Affordable Care Act open enrollment. Life insurance sales generally increase in December as individuals plan for the future. Globe Life likely experiences these general industry seasonal trends.

Globe Life, Inc. is a financial services holding company that provides life and supplemental health insurance products, as well as annuities, targeting lower middle- and middle-income families. Its offerings include whole life, term life, and children's life insurance, alongside Medicare Supplement plans and limited-benefit health products. The company operates through several wholly-owned subsidiaries.

Globe Life, Inc. operates across the United States, Canada, and New Zealand, focusing on individual and worksite markets. The company's headquarters are located in McKinney, Texas, with other significant operational locations within the United States.

Globe Life's brand reputation has faced challenges, including claims from short sellers, allegations of a shrinking workforce, and a lawsuit from a former executive. The company also experienced a data breach in 2024. However, positive developments include the closing of a Department of Justice investigation and the conclusion of the SEC investigation. Recent customer reviews are largely positive, but third-party reviews indicate a higher-than-average volume of customer complaints. Trustpilot reviews are mixed, and some comments suggest MLM-like behavior.

Institutional investors hold a substantial majority of Globe Life, Inc.'s shares, with ownership percentages reported as high as 84% or over 50%. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., and Wellington Management Group Llp. Insider ownership is reported to be under 1%.