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Added to YB: 2024-10-30

Pitch date: 2024-09-30

GL [bullish]

Globe Life Inc.

+33.29%

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, and annuities to lower middle- and middle-income families in the United States.

Market Cap

$10.2B

Pitch Price

$104.63

Price Target

N/A

Dividend

0.79%

EV/EBITDA

8.97

P/E

10.20

EV/Sales

2.29

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)