Globe Life Inc. (GL)
NYSE: GL · Real-Time Price · USD
110.69
+1.11 (1.01%)
Dec 24, 2024, 1:00 PM EST - Market closed
Globe Life Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Globe Life stock have an average target of 127.1, with a low estimate of 86 and a high estimate of 188. The average target predicts an increase of 14.83% from the current stock price of 110.69.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Globe Life stock from 10 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Buy | 5 | 5 | 5 | 5 | 5 | 4 |
| Hold | 4 | 4 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 11 | 11 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Maintains $107 → $114 | Hold | Maintains | $107 → $114 | +2.99% | Dec 10, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $120 → $125 | Buy | Maintains | $120 → $125 | +12.93% | Oct 29, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $118 → $130 | Buy | Maintains | $118 → $130 | +17.45% | Oct 25, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $90 → $105 | Hold | Maintains | $90 → $105 | -5.14% | Oct 25, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $110 → $120 | Hold | Maintains | $110 → $120 | +8.41% | Oct 24, 2024 |
Financial Forecast
Revenue This Year
5.79B
Revenue Next Year
6.11B
from 5.79B
Increased by 5.58%
EPS This Year
12.71
from 10.07
Increased by 26.20%
EPS Next Year
13.97
from 12.71
Increased by 9.93%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 6.1B | 6.4B | 6.8B | |
| Avg | 5.8B | 6.1B | 6.6B | |
| Low | 4.6B | 4.8B | 6.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 11.3% | 11.0% | |
| Avg | - | 5.6% | 7.7% | |
| Low | - | -16.5% | 1.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 13.03 | 14.39 | 15.86 | |
| Avg | 12.71 | 13.97 | 15.29 | |
| Low | 12.02 | 12.99 | 14.06 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 29.4% | 13.2% | 13.5% | |
| Avg | 26.2% | 9.9% | 9.4% | |
| Low | 19.4% | 2.2% | 0.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.