Professional
Added to YB: 2025-01-09
Pitch date: 2025-01-08
GL [bullish]
Globe Life Inc.
+28.74%
current return
Author Info
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Company Info
Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle- and middle-income families in the United States.
Market Cap
$11.3B
Pitch Price
$111.86
Price Target
143.00 (-1%)
Dividend
0.76%
EV/EBITDA
8.79
P/E
10.05
EV/Sales
2.35
Sector
Insurance
Category
turnaround
Globe Life Upgraded to Outperform: Price Target Raised to $143 by Evercore
GL: Evercore upgrades to Outperform, PT $143. Recovered from short-seller claims, but still -30% vs sector. DOJ risk diminished post-election. Medicare margin recovery, strong mortality & growth expected. 2025/26 EPS est. +1-2% vs consensus. FCF to boost buybacks. 10% EPS growth for 2026.
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