Globe Life Inc. (GL)
NYSE: GL · IEX Real-Time Price · USD
84.93
-1.14 (-1.32%)
May 20, 2024, 1:52 PM EDT - Market open
Globe Life Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Globe Life stock have an average target of 116.6, with a low estimate of 75 and a high estimate of 160. The average target predicts an increase of 37.29% from the current stock price of 84.93.
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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 4 | 4 | 3 | 3 | 5 | 5 |
| Hold | 5 | 5 | 5 | 6 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 9 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $132 → $108 | Buy | Maintains | $132 → $108 | +27.16% | Apr 24, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold → Buy Upgrades $130 → $110 | Hold → Buy | Upgrades | $130 → $110 | +29.52% | Apr 24, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $130 → $110 | Buy | Maintains | $130 → $110 | +29.52% | Apr 24, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $125 → $80 | Hold | Maintains | $125 → $80 | -5.80% | Apr 24, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $125 | Hold | Maintains | $125 | +47.18% | Apr 12, 2024 |
Financial Forecast
Revenue This Year
5.99B
from 5.45B
Increased by 9.88%
Revenue Next Year
6.27B
from 5.99B
Increased by 4.73%
EPS This Year
11.95
from 10.07
Increased by 18.63%
EPS Next Year
12.93
from 11.95
Increased by 8.21%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 6.1B | 6.4B | 6.8B | 7.0B |
| Avg | 6.0B | 6.3B | 6.6B | 6.9B |
| Low | 5.7B | 5.9B | 6.2B | 6.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 12.3% | 7.3% | 7.7% | 6.6% |
| Avg | 9.9% | 4.7% | 4.8% | 4.6% |
| Low | 4.0% | -1.1% | -1.5% | -0.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 12.29 | 13.39 | 14.54 | 16.07 |
| Avg | 11.95 | 12.93 | 14.00 | 15.76 |
| Low | 11.32 | 12.10 | 13.12 | 14.99 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 22.0% | 12.1% | 12.5% | 14.8% |
| Avg | 18.6% | 8.2% | 8.3% | 12.6% |
| Low | 12.4% | 1.3% | 1.5% | 7.1% |
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.