
GL Stock Forecast & Price Target
GL Analyst Ratings
Bulls say
Globe Life Inc. benefits from a favorable outlook in the life and supplemental health insurance industry, driven by expected life premium growth of 4%-5% and health premium growth projected at 9%-11% for the upcoming year. The company reported a significant remeasurement gain of $150 million in the third quarter, reflecting favorable mortality experience, which reinforces its solid financial foundation. Additionally, enhancements in the current operating environment, including higher interest rates and demographic trends, contribute to the potential for improved growth and profitability across its core segments.
Bears say
Globe Life Inc. has projected operating earnings per share of $14.60-$15.30 for 2026, indicating growth of only 3% at the midpoint, which is below historical averages due to significant assumption updates. Additionally, the company's free cash flow conversion has been in decline, falling from approximately 80% in 2013-2015 to a range of 60-65% from 2018-2021, raising concerns about its operational efficiency and market valuation based predominantly on GAAP earnings. Furthermore, Globe Life faces potential risks including an ongoing EEOC review that may lead to reputational damage, increased health utilization impacting margins, and challenges in recruiting sales personnel that could adversely affect revenue growth.
This aggregate rating is based on analysts' research of Globe Life Inc and is not a guaranteed prediction by Public.com or investment advice.
GL Analyst Forecast & Price Prediction
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