Live Analysis: Globe Life Inc. (GL) is currently priced at $153.77, marking a $1.7 increase from the previous close, equating to a 1.12% rise. With a trading volume of $104,035, representing a 20.27% increase over the average.
Earnings Overview: GL's latest quarterly earnings report on Tuesday, April 21st, revealed a consensus estimate EPS of 3.46.
Dividends: The forward dividend yield stands at 0.858%, with a dividend per share MRQ of 27 cents, a year-over-year increase of 12.5 cents, and a trailing twelve months dividend per share of $1.41.
Cash Flow: The company reported a free cash flow of $330 million, with debt repayment of $89.69 million. There was a net decrease in cash of $158 million, ending the period with $144.70 million in cash.
Income Statement: GL generated revenue of $1.56 billion, resulting in a gross profit of $770 million. The company reported a net income of $270.53 million, translating to an EPS of $3.45.
Ratios: Key ratios include a gross profit margin of 49.37%, operating profit margin of 23.6%, and a price-earnings ratio of 10.08.
Balance Sheet: Total assets amount to $30.81 billion, with total liabilities at $24.84 billion. The company holds $144.70 million in cash and cash equivalents.
This real-time financial report provides insights into GL's current performance, financial health, and key metrics, indicating a positive trajectory for the company.
Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle to middle income households in the United States. The company operates through four segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. It offers whole life, term life, and other life insurance products; Medicare supplement and supplemental health insurance, such as critical illness and accident plans; and single-premium and flexible-premium deferred annuities. The company was formerly known as Torchmark Corporation and changed its name to Globe Life Inc. in August 2019. Globe Life Inc. was incorporated in 1979 and is headquartered in McKinney, Texas.