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NYSE: GL
Globe Life Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for GL

Based on 7 analysts offering 12 month price targets for Globe Life Inc.
Min Forecast
$83.00-19.06%
Avg Forecast
$97.00-5.4%
Max Forecast
$118.00+15.08%

Should I buy or sell GL stock?

Based on 7 analysts offering ratings for Globe Life Inc.
Buy
Strong Buy
2 analysts 28.57%
Buy
1 analysts 14.29%
Hold
4 analysts 57.14%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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GL stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-08-19
lockedlocked$00.00+00.00%2024-07-31
lockedlocked$00.00+00.00%2024-07-26
lockedlocked$00.00+00.00%2024-07-26
lockedlocked$00.00+00.00%2024-07-26
Jefferies
Top 14%
87
HoldMaintains$88.00-14.18%2024-06-28
Evercore ISI Group
Top 26%
75
HoldMaintains$86.00-16.13%2024-06-26

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Forecast return on equity

Is GL forecast to generate an efficient return?
Company
27.58%
Industry
23.06%
Market
59.09%
GL's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is GL forecast to generate an efficient return on assets?
Company
5.09%
Industry
2.25%
GL is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

GL earnings per share forecast

What is GL's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$11.93+6.71%
Avg 2 year Forecast
$13.20+18.07%
Avg 3 year Forecast
$14.57+30.29%
GL's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

GL revenue forecast

What is GL's revenue in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$5.8B+2.9%
Avg 2 year Forecast
$6.1B+7.79%
Avg 3 year Forecast
$6.4B+12.68%
GL's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

GL earnings growth forecast

How is GL forecast to perform vs Insurance - Life companies and vs the US market?
Company
9.15%
Industry
15.53%
Market
17.02%
GL's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
GL's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
GL's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

GL revenue growth forecast

How is GL forecast to perform vs Insurance - Life companies and vs the US market?
Company
4.06%
Industry
1.96%
Market
9.26%
GL's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
GL's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

GL vs Property & Casualty Insurance Stocks

TickerPricePrice TargetUp/downsideConsensus
GL$102.54$97.00-5.40%Buy
PRI$254.99$275.20+7.93%Hold
UNM$54.14$64.11+18.42%Strong Buy
JXN$81.20$86.60+6.65%Hold
FG$40.30$43.50+7.94%Hold
View Top Property & Casualty Insurance Stocks

Globe Life Stock Forecast FAQ

Is Globe Life Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NYSE: GL) stock is to Buy GL stock.

Out of 7 analysts, 2 (28.57%) are recommending GL as a Strong Buy, 1 (14.29%) are recommending GL as a Buy, 4 (57.14%) are recommending GL as a Hold, 0 (0%) are recommending GL as a Sell, and 0 (0%) are recommending GL as a Strong Sell.

If you're new to stock investing, here's how to buy Globe Life stock.

What is GL's earnings growth forecast for 2024-2026?

(NYSE: GL) Globe Life's forecast annual earnings growth rate of 9.15% is not forecast to beat the US Insurance - Life industry's average forecast earnings growth rate of 15.53%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.02%.

Globe Life's earnings in 2024 is $1,044,457,000.On average, 6 Wall Street analysts forecast GL's earnings for 2024 to be $1,071,550,691, with the lowest GL earnings forecast at $1,067,059,699, and the highest GL earnings forecast at $1,073,347,088. On average, 6 Wall Street analysts forecast GL's earnings for 2025 to be $1,185,621,888, with the lowest GL earnings forecast at $1,145,202,960, and the highest GL earnings forecast at $1,208,975,046.

In 2026, GL is forecast to generate $1,308,378,663 in earnings, with the lowest earnings forecast at $1,271,848,934 and the highest earnings forecast at $1,328,435,434.

What is GL's revenue growth forecast for 2024-2026?

(NYSE: GL) Globe Life's forecast annual revenue growth rate of 4.06% is forecast to beat the US Insurance - Life industry's average forecast revenue growth rate of 1.96%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.26%.

Globe Life's revenue in 2024 is $5,656,194,000.On average, 4 Wall Street analysts forecast GL's revenue for 2024 to be $522,755,061,594, with the lowest GL revenue forecast at $519,436,218,506, and the highest GL revenue forecast at $524,260,442,112. On average, 4 Wall Street analysts forecast GL's revenue for 2025 to be $547,632,462,678, with the lowest GL revenue forecast at $546,547,528,831, and the highest GL revenue forecast at $548,493,834,944.

In 2026, GL is forecast to generate $572,461,450,869 in revenue, with the lowest revenue forecast at $570,717,508,856 and the highest revenue forecast at $574,514,642,592.

What is GL's forecast return on assets (ROA) for 2024-2027?

(NYSE: GL) forecast ROA is 5.09%, which is higher than the forecast US Insurance - Life industry average of 2.25%.

What is GL's Price Target?

According to 7 Wall Street analysts that have issued a 1 year GL price target, the average GL price target is $97.00, with the highest GL stock price forecast at $118.00 and the lowest GL stock price forecast at $83.00.

On average, Wall Street analysts predict that Globe Life's share price could fall to $97.00 by Aug 19, 2025. The average Globe Life stock price prediction forecasts a potential downside of 5.4% from the current GL share price of $102.54.

What is GL's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: GL) Globe Life's current Earnings Per Share (EPS) is $11.18. On average, analysts forecast that GL's EPS will be $11.93 for 2024, with the lowest EPS forecast at $11.88, and the highest EPS forecast at $11.95. On average, analysts forecast that GL's EPS will be $13.20 for 2025, with the lowest EPS forecast at $12.75, and the highest EPS forecast at $13.46. In 2026, GL's EPS is forecast to hit $14.57 (min: $14.16, max: $14.79).

What is GL's forecast return on equity (ROE) for 2024-2027?

(NYSE: GL) forecast ROE is 27.58%, which is considered strong.
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