Globe Life Inc. (GL)
NYSE: GL · IEX Real-Time Price · USD
88.26
+0.06 (0.07%)
At close: Jul 19, 2024, 4:00 PM
89.70
+1.44 (1.63%)
Pre-market: Jul 22, 2024, 7:20 AM EDT
Globe Life Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Globe Life stock have an average target of 101.67, with a low estimate of 65 and a high estimate of 137. The average target predicts an increase of 15.19% from the current stock price of 88.26.
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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 5 | 5 | 5 | 5 |
| Hold | 5 | 6 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 10 | 10 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Hold Maintains $62 → $65 | Hold | Maintains | $62 → $65 | -26.35% | Jul 10, 2024 |
| Jefferies | Jefferies | Hold Maintains $85 → $88 | Hold | Maintains | $85 → $88 | -0.29% | Jun 28, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $110 → $105 | Buy | Maintains | $110 → $105 | +18.97% | Jun 28, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $83 → $86 | Hold | Maintains | $83 → $86 | -2.56% | Jun 26, 2024 |
| Raymond James | Raymond James | Strong Buy Reiterates n/a | Strong Buy | Reiterates | n/a | n/a | May 21, 2024 |
Financial Forecast
Revenue This Year
5.81B
from 5.45B
Increased by 6.60%
Revenue Next Year
6.07B
from 5.81B
Increased by 4.60%
EPS This Year
12.08
from 10.07
Increased by 19.97%
EPS Next Year
13.25
from 12.08
Increased by 9.67%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 6.1B | 6.4B | 6.7B | 7.0B |
| Avg | 5.8B | 6.1B | 6.6B | 6.9B |
| Low | 4.6B | 4.8B | 6.2B | 6.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 12.6% | 10.8% | 11.0% | 6.7% |
| Avg | 6.6% | 4.6% | 8.1% | 4.6% |
| Low | -15.5% | -17.2% | 2.0% | -0.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 12.44 | 13.81 | 15.23 | 16.07 |
| Avg | 12.08 | 13.25 | 14.49 | 15.76 |
| Low | 11.27 | 12.23 | 13.29 | 14.99 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 23.6% | 14.3% | 14.9% | 10.9% |
| Avg | 20.0% | 9.7% | 9.4% | 8.8% |
| Low | 11.9% | 1.2% | 0.3% | 3.5% |
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.