Kritika Sarmah
2 min read
In This Article:
Globe Life Inc. (GL), with a market cap of $10.1 billion, is an insurance holding company based in McKinney, Texas. It offers a range of life insurance, supplemental health insurance products, and annuities, primarily targeting lower-middle- and middle-income families.
Companies valued at $10 billion or more are generally classified as “large-cap” stocks and Globe Life fits this description perfectly. Its diversified product mix, encompassing life insurance, supplemental health, and annuities, provides consistent revenue streams. The company benefits from a multi-channel distribution model, including direct-to-consumer, agencies, and worksite marketing, which enhances reach and flexibility. Additionally, its disciplined underwriting, strong return on equity, and solid investment portfolio contribute to its long-term financial resilience and profitability.
The stock is currently trading 9.2% below its 52-week high of $133.76 recorded on Apr. 2. Globe Life shares have plunged 6.5% over the past three months, underperforming the Financial Select Sector SPDR Fund’s (XLF) 1.9% rise over the same time frame.
Globe Life has delivered strong long-term performance, with its shares up 8.9% year-to-date, outpacing the XLF, which rose 6.4%. Over the past 52 weeks, GL has surged 45.4%, significantly outperforming XLF’s 24.5% gain.
Technically, the stock has maintained momentum, trading above its 200-day moving average since mid-September and recently staying above its 50-day moving average as well.
On April 30, Globe Life reported its Q1 results, and its shares dipped over 4% in the next trading session as results fell slightly short of market expectations. Revenue rose 5% year-over-year to $1.48 billion, while net operating EPS increased 10% to $3.07, supporting a solid 19% return on equity. The company continued to reward shareholders, repurchasing 1.5 million shares for $177 million, and reaffirmed its full-year net operating EPS guidance of $13.45–$14.05. Despite the strong fundamentals, the modest earnings miss weighed on investor sentiment.
In addition, when compared, rival Lincoln National Corporation (LNC) fell behind GL. LNC has advanced 3.9% in 2025 and 3.1% over the past 52 weeks.
