<- Go home

Added to YB: 2024-10-30

Pitch date: 2024-09-30

GL [bullish]

Globe Life Inc.

+50.32%

current return

Author Info

No bio for this author

Company Info

Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products to lower middle- and middle-income families in the United States.

Market Cap

$11.9B

Pitch Price

$104.18

Price Target

N/A

Dividend

0.86%

EV/EBITDA

9.07

P/E

10.57

EV/Sales

2.45

Sector

Insurance

Category

value

Show full summary:
Artisan Mid Cap Value Fund Portfolio Holding: Globe Life Inc.

GL: Shares recover post short-seller fraud allegations. Audit committee review found no evidence of misconduct. Strong life/health segments with solid sales, improving benefits ratios. Thesis: slow growth, conservative balance sheet, robust FCF for buybacks/dividends.

Read full article (1 min)