Globe Life Secures Zacks Rank #2, Features Among Top Five High-ROE Stocks
Globe Life reported a high return on equity, qualifying it among five stocks with strong ROE in Zacks' recent screen, and holds a Zacks Rank #2. The McKinney, Texas-based insurer's subsidiaries offer nonparticipating life policies, Medicare supplement and critical illness plans targeting lower-middle and middle-income households.
1. Inclusion in High-ROE Screen
Globe Life was selected as one of five companies in a recent screening for high return on equity, highlighting its cash-rich profile and efficient use of shareholder capital. Its inclusion underscores management’s ability to generate strong profits without raising new equity.
2. Company Profile and Zacks Ranking
Based in McKinney, Texas, Globe Life operates through insurance subsidiaries that underwrite nonparticipating whole life, term life, Medicare supplement and limited-benefit critical illness and accident plans. The company targets lower-middle to middle-income U.S. households and carries a Zacks Rank #2, indicating favorable earnings outlook and solid financial health.