Last 7 days
-2.3%
Last 30 days
-2.6%
Last 90 days
-1.6%
Trailing 12 Months
8.8%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-09-12 | HENRIE MICHAEL SHANE | sold | -275,926 | 110 | -2,500 | svp & chief accounting officer |
2023-09-12 | HENRIE MICHAEL SHANE | acquired | 245,800 | 98.32 | 2,500 | svp & chief accounting officer |
2023-08-30 | MITCHELL ROBERT BRIAN | sold | -1,815,770 | 111 | -16,217 | evp, general counsel and cro |
2023-08-29 | HENRIE MICHAEL SHANE | sold | -147,335 | 111 | -1,325 | svp & chief accounting officer |
2023-08-29 | HENRIE MICHAEL SHANE | acquired | 123,954 | 93.5502 | 1,325 | svp & chief accounting officer |
2023-08-16 | SVOBODA FRANK M | acquired | 965,750 | 77.26 | 12,500 | co-chairman & ceo |
2023-08-16 | SVOBODA FRANK M | sold | -1,419,570 | 113 | -12,500 | co-chairman & ceo |
2023-07-31 | HENRIE MICHAEL SHANE | acquired | 87,600 | 87.6 | 1,000 | svp & chief accounting officer |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-26 | BROOKFIELD Corp /ON/ | new | - | 15,691,300 | 15,691,300 | 0.06% |
2023-09-20 | BARCLAYS PLC | added | 5.53 | 918,000 | 18,825,000 | 0.01% |
2023-09-19 | BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL | unchanged | - | -1,760 | 482,328 | 0.20% |
2023-09-12 | Farther Finance Advisors, LLC | reduced | -3.39 | -1,214 | 31,242 | 0.01% |
2023-08-30 | Narus Financial Partners, LLC | new | - | 215,530 | 215,530 | 0.11% |
2023-08-23 | Stonebridge Capital Advisors LLC | unchanged | - | -76.00 | 20,828 | -% |
2023-08-22 | US Asset Management LLC | reduced | -2.68 | -31,000 | 1,004,000 | 1.06% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | sold off | -100 | -3,075,060 | - | -% |
2023-08-22 | COMERICA BANK | new | - | 22,000 | 22,000 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -4.17 | -757,750 | 16,022,000 | 0.02% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 09, 2023 | vanguard group inc | 11.08% | 10,780,683 | SC 13G/A | |
Feb 06, 2023 | wellington management group llp | 6.14% | 5,970,777 | SC 13G/A | |
Feb 01, 2023 | blackrock inc. | 6.6% | 6,410,977 | SC 13G/A | |
Feb 10, 2022 | vanguard group inc | 10.65% | 10,757,918 | SC 13G/A | |
Feb 04, 2022 | wellington management group llp | 5.28% | 5,334,828 | SC 13G | |
Feb 01, 2022 | blackrock inc. | 6.4% | 6,462,907 | SC 13G/A | |
Feb 10, 2021 | vanguard group inc | 10.49% | 10,976,468 | SC 13G/A | |
Jan 29, 2021 | blackrock inc. | 6.9% | 7,233,077 | SC 13G/A | |
Feb 12, 2020 | vanguard group inc | 11.46% | 12,415,825 | SC 13G/A | |
Feb 05, 2020 | blackrock inc. | 7.6% | 8,201,039 | SC 13G |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 13, 2023 | 4 | Insider Trading | |
Aug 31, 2023 | 4 | Insider Trading | |
Aug 30, 2023 | 144 | Notice of Insider Sale Intent | |
Aug 30, 2023 | 4 | Insider Trading | |
Aug 30, 2023 | 4/A | Insider Trading | |
Aug 28, 2023 | 144 | Notice of Insider Sale Intent | |
Aug 28, 2023 | 144 | Notice of Insider Sale Intent | |
Aug 17, 2023 | 4 | Insider Trading | |
Aug 15, 2023 | 8-K | Current Report | |
Aug 08, 2023 | 10-Q | Quarterly Report |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
MET | 46.7B | 70.6B | -4.06% | 2.19% | 20.99 | 0.66 | 4.01% | -58.32% |
PRU | 38.7B | 64.4B | -2.82% | 10.09% | 125.56 | 0.61 | 4.97% | -6.22% |
TRV | 37.1B | 38.7B | -0.02% | 7.01% | 16.63 | 0.96 | 8.33% | -37.32% |
RE | 25.2B | 13.3B | 0.67% | 24.34% | 20.79 | 1.9 | 12.64% | 55.58% |
GL | 11.4B | 5.3B | -2.64% | 8.84% | 17.13 | 2.17 | 1.78% | -46.10% |
ATH | - | 22.8B | - | - | - | - | 34.59% | 179.04% |
MID-CAP | ||||||||
PRI | 6.9B | 2.7B | -6.53% | 55.40% | 15.11 | 2.5 | -1.39% | 16.12% |
AEL | 4.2B | 2.7B | -0.76% | 44.09% | 3.48 | 1.56 | 38.34% | -32.53% |
LNC | 4.1B | 15.3B | -7.63% | -42.32% | -3.08 | 0.27 | -26.53% | -139.84% |
BHF | 3.2B | 1.9B | -6.22% | 10.48% | 1.99 | 1.68 | -77.15% | -71.29% |
GNW | 2.8B | 7.5B | 1.71% | 69.71% | 5.16 | 0.37 | -1.40% | -38.58% |
SMALL-CAP | ||||||||
VERY | 84.8M | 171.0M | 9.62% | -24.00% | -6.86 | 0.5 | -0.92% | 29.17% |
AAME | 39.0M | 187.0M | -3.54% | -33.22% | 59.04 | 0.21 | -4.23% | -77.34% |
4.9%
8.6%
5.2%
10.9%
21.9%
19.2%
18.5%
Y-axis is the maximum loss one would have experienced if Globe Life was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 0.7% | 5,262 | 5,227 | 5,215 | 5,183 | 5,170 | 5,149 | 5,113 | 5,044 | 4,962 | 4,871 | 4,738 | 4,646 | 4,592 | 4,541 | 4,528 | 4,456 | 4,398 | 4,353 | 4,304 | 4,296 | 4,258 |
Gross Profit | 0.3% | 1,142 | 1,139 | 983 | 1,073 | 1,034 | 964 | 853 | 873 | 882 | 863 | 901 | 901 | 906 | 913 | 911 | 906 | 890 | 881 | 865 | 844 | 833 |
S&GA Expenses | -1.0% | 306 | 309 | 308 | 303 | 295 | 284 | 282 | 270 | 265 | 259 | 255 | 256 | 253 | 256 | 249 | 242 | 241 | 232 | 228 | 225 | 218 |
EBITDA | -100.0% | - | 1,074 | 997 | 952 | 949 | 997 | 1,016 | - | - | 1,000 | 983 | 960 | 975 | 990 | 1,016 | 995 | 970 | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.21* | 0.19* | 0.18* | 0.18* | 0.19* | 0.20* | - | - | 0.21* | 0.21* | 0.21* | 0.21* | 0.22* | 0.22* | 0.22* | 0.22* | - | - | - | - |
Interest Expenses | 4.2% | 99.00 | 95.00 | 90.00 | 85.00 | 82.00 | 82.00 | 83.00 | 85.00 | 86.00 | 87.00 | 87.00 | 86.00 | 85.00 | 84.00 | 84.00 | 87.00 | 89.00 | 90.00 | 90.00 | 88.00 | 87.00 |
Earnings Before Taxes | -1.2% | 1,026 | 1,038 | 906 | 1,018 | 1,019 | 988 | 912 | 945 | 946 | 913 | 897 | 874 | 890 | 906 | 931 | 908 | 881 | 879 | 864 | 876 | 877 |
EBT Margin | -100.0% | - | 0.19* | 0.17* | 0.17* | 0.17* | 0.17* | 0.18* | 0.19* | 0.19* | 0.19* | 0.19* | 0.19* | 0.19* | 0.20* | 0.21* | - | - | - | - | - | - |
Net Income | -1.3% | 666 | 675 | 740 | 1,234 | 1,236 | 1,938 | 745 | 492 | 492 | 906 | 1,119 | 1,102 | 1,115 | -37.60 | 761 | 738 | 715 | 713 | 701 | 1,564 | 1,539 |
Net Income Margin | 100.0% | - | -0.15* | 0.14* | -0.52* | 0.14* | 0.14* | 0.15* | 0.15* | 0.16* | 0.15* | 0.15* | 0.15* | 0.16* | 0.16* | 0.17* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 1,473 | 1,394 | 1,401 | 1,401 | 1,433 | 1,399 | 1,414 | 1,364 | 1,457 | 1,435 | 1,371 | 1,406 | 1,240 | 1,322 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | -0.6% | 26,708 | 26,860 | 25,927 | 24,839 | 26,043 | 27,850 | 29,768 | 29,497 | 29,580 | 28,113 | 29,047 | 28,042 | 27,534 | 25,352 | 25,977 | 25,792 | 24,855 | 24,133 | 23,096 | 23,469 | 22,879 |
Cash Equivalents | -56.4% | 75.00 | 172 | 93.00 | 86.00 | 172 | 128 | 92.00 | 96.00 | 138 | 82.00 | 95.00 | 80.00 | 114 | 90.00 | 76.00 | 67.00 | 89.00 | 67.00 | 121 | 77.00 | 82.00 |
Goodwill | 0% | 482 | 482 | 482 | 482 | 482 | 482 | 482 | 482 | 442 | 442 | 442 | 442 | 442 | 442 | 442 | 442 | 442 | 442 | 442 | 442 | 442 |
Liabilities | -1.2% | 22,728 | 23,014 | 21,978 | 20,477 | 20,720 | 20,956 | 21,125 | 20,888 | 20,963 | 20,281 | 20,276 | 19,817 | 19,686 | 18,832 | 18,683 | 18,479 | 18,155 | 18,090 | 17,681 | 17,931 | 17,307 |
Short Term Borrowings | -49.8% | 258 | 514 | 449 | 435 | 495 | 522 | 480 | 394 | 260 | 275 | 255 | 280 | 831 | 458 | 299 | 233 | 257 | 294 | 308 | 615 | 672 |
Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,467 | 1,446 | 1,356 | 1,384 | 1,359 | 817 |
LT Debt, Non Current | 10.4% | 1,798 | 1,628 | 1,628 | 1,628 | 1,627 | 1,547 | 1,546 | 1,546 | 1,986 | 1,668 | 1,668 | 1,668 | 1,272 | 1,347 | 1,349 | 1,351 | 1,353 | - | 1,357 | - | - |
Shareholder's Equity | 3.5% | 3,980 | 3,846 | 3,950 | 4,362 | 3,220 | 2,544 | 2,004 | 8,608 | 8,617 | 7,832 | 8,771 | 8,225 | 7,848 | 6,520 | 7,294 | 7,313 | 6,700 | 6,043 | 5,415 | 5,539 | 5,572 |
Retained Earnings | 2.7% | 7,286 | 7,093 | 6,895 | 6,633 | 6,470 | 6,316 | 6,182 | 6,353 | 6,186 | 6,021 | 5,874 | 6,002 | 5,839 | 5,686 | 5,551 | 5,687 | 5,515 | 5,365 | 5,213 | 5,268 | 5,115 |
Additional Paid-In Capital | 1.4% | 536 | 529 | 530 | 541 | 532 | 523 | 521 | 534 | 525 | 516 | 527 | 537 | 528 | 519 | 532 | 538 | 527 | 519 | 524 | 527 | 517 |
Shares Outstanding | 0% | 105 | 105 | 105 | 109 | 109 | 109 | 109 | 113 | 113 | 113 | 113 | 117 | 117 | 117 | 117 | 121 | 121 | 121 | 121 | - | - |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 2.0% | 1,533 | 1,502 | 1,422 | 1,428 | 1,429 | 1,463 | 1,438 | 1,458 | 1,409 | 1,505 | 1,476 | 1,412 | 1,447 | 1,284 | 1,364 | 1,371 | 1,348 | 1,319 | 1,278 | 1,281 | 1,307 |
Share Based Compensation | -2.8% | 33.00 | 34.00 | 36.00 | 33.00 | 31.00 | 31.00 | 30.00 | 34.00 | 34.00 | 34.00 | 36.00 | 38.00 | 41.00 | 44.00 | 45.00 | 43.00 | 42.00 | 41.00 | 40.00 | 42.00 | 40.00 |
Cashflow From Investing | -3.3% | -945 | -915 | -943 | -974 | -645 | -919 | -913 | -818 | -896 | -1,139 | -1,181 | -1,233 | -1,413 | -815 | -809 | -374 | -843 | -888 | -896 | -1,283 | -829 |
Cashflow From Financing | -23.6% | -691 | -559 | -492 | -473 | -753 | -494 | -523 | -615 | -473 | -356 | -274 | -168 | -12.33 | -452 | -590 | -1,009 | -496 | -457 | -391 | -8.79 | -490 |
Dividend Payments | 1.2% | 82.00 | 81.00 | 81.00 | 80.00 | 80.00 | 80.00 | 80.00 | 80.00 | 80.00 | 79.00 | 78.00 | 77.00 | 76.00 | 75.00 | 74.00 | 73.00 | 73.00 | 72.00 | 71.00 | 71.00 | 70.00 |
Buy Backs | -10.5% | 460 | 514 | 455 | 484 | 509 | 528 | 541 | 541 | 573 | 410 | 444 | 422 | 396 | 515 | 460 | 458 | 445 | 423 | 422 | 410 | 416 |
Condensed Consolidated Statements of Operations - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||||||
---|---|---|---|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |||||
Revenue: | ||||||||
Revenue | $ 1,110,920 | $ 1,077,199 | $ 2,206,010 | $ 2,142,011 | ||||
Net investment income | 261,244 | 244,712 | 518,349 | 489,606 | ||||
Realized gains (losses) | (45,843) | (30,446) | (76,770) | (37,690) | ||||
Other income | 85 | 299 | 135 | 463 | ||||
Total revenue | 1,326,406 | 1,291,764 | 2,647,724 | 2,594,390 | ||||
Benefits and expenses: | ||||||||
Life policyholder benefits | [1] | 512,664 | 492,364 | 1,020,641 | 987,793 | |||
Health policyholder benefits | [2] | 195,924 | 190,075 | 386,886 | 379,093 | |||
Other policyholder benefits | 8,922 | 8,992 | 17,910 | 18,694 | ||||
Total policyholder benefits | 717,510 | 691,431 | 1,425,437 | 1,385,580 | ||||
Amortization of deferred acquisition costs | 94,080 | 86,185 | 186,402 | 170,681 | ||||
Commissions, premium taxes, and non-deferred acquisition costs | 138,459 | 126,213 | 276,256 | 251,722 | ||||
Other operating expense | 86,033 | 89,658 | 170,204 | 174,010 | ||||
Interest expense | 25,818 | 21,828 | 50,685 | 41,772 | ||||
Total benefits and expenses | 1,061,900 | 1,015,315 | 2,108,984 | 2,023,765 | ||||
Income before income taxes | 264,506 | 276,449 | 538,740 | 570,625 | ||||
Income tax benefit (expense) | (49,246) | (52,476) | (99,870) | (109,168) | ||||
Net income | $ 215,260 | $ 223,973 | $ 438,870 | $ 461,457 | ||||
Basic net income per common share (in dollars per share) | $ 2.26 | $ 2.28 | $ 4.58 | $ 4.67 | ||||
Diluted net income per common share (in dollars per share) | $ 2.24 | $ 2.26 | $ 4.52 | $ 4.63 | ||||
Life premium | ||||||||
Revenue: | ||||||||
Revenue | $ 781,733 | $ 756,892 | $ 1,554,330 | $ 1,506,020 | ||||
Health premium | ||||||||
Revenue: | ||||||||
Revenue | 329,187 | 320,307 | 651,680 | 635,991 | ||||
Other | ||||||||
Revenue: | ||||||||
Revenue | $ 0 | $ 0 | $ 0 | $ 0 | ||||
|
Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Investments: | ||
Fixed maturities—available for sale, at fair value (amortized cost: 2023—$18,687,479; 2022—$18,301,692, allowance for credit losses: 2023— $72,508; 2022— $0) | $ 17,033,450 | $ 16,503,365 |
Policy loans | 633,558 | 614,866 |
Other long-term investments (includes: 2023—$759,157; 2022—$768,689 under the fair value option) | 1,010,136 | 976,016 |
Short-term investments | 71,128 | 114,121 |
Total investments | 18,748,272 | 18,208,368 |
Cash | 75,011 | 92,559 |
Accrued investment income | 267,776 | 259,581 |
Other receivables | 601,787 | 589,079 |
Deferred acquisition costs | 5,778,732 | 5,535,697 |
Goodwill | 481,791 | 481,791 |
Other assets | 754,589 | 760,066 |
Total assets | 26,707,958 | 25,927,141 |
Liabilities: | ||
Future policy benefits at current discount rates: (at original rates: 2023—$16,598,663; 2022—$16,306,870) | 18,746,514 | 18,040,042 |
Unearned and advance premium | 266,710 | 253,140 |
Policy claims and other benefits payable | 510,929 | 507,219 |
Other policyholders' funds | 187,873 | 123,236 |
Total policy liabilities | 19,712,026 | 18,923,637 |
Current and deferred income taxes | 404,480 | 434,649 |
Short-term debt | 258,232 | 449,103 |
Long-term debt (estimated fair value: 2023—$1,633,248; 2022—$1,440,277) | 1,798,117 | 1,627,952 |
Other liabilities | 554,797 | 542,223 |
Total liabilities | 22,727,652 | 21,977,564 |
Commitments and Contingencies (Note 5) | ||
Shareholders' equity: | ||
Preferred stock, par value $1 per share—5,000,000 shares authorized; outstanding: 0 in 2023 and 2022 | 0 | 0 |
Common stock, par value $1 per share—320,000,000 shares authorized; outstanding: (2023—105,218,183 issued; 2022—105,218,183 issued) | 105,218 | 105,218 |
Additional paid-in-capital | 536,126 | 529,661 |
Accumulated other comprehensive income (loss) | (2,943,897) | (2,790,313) |
Retained earnings | 7,285,809 | 6,894,535 |
Treasury stock, at cost: (2023—10,225,970 shares; 2022—8,478,288 shares) | (1,002,950) | (789,524) |
Total shareholders' equity | 3,980,306 | 3,949,577 |
Total liabilities and shareholders' equity | $ 26,707,958 | $ 25,927,141 |