Torchmark Corporation, through its subsidiaries, provides various life and health insurance products, and annuities in the United States, Canada, and New Zealand. It operates through four segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. The Life Insurance segment offers traditional and interest-sensitive whole life and term life insurance, and other life insurance. The Supplemental Health Insurance segment provides health insurance products comprising Medicare Supplements, critical illness, accident, and limited-benefit supplemental hospital and surgical coverages. The Annuities segment provides single-premium and flexible-premium deferred annuities. The company sells its products through sales by direct response, exclusive agents, and independent agents, as well as through direct mail, electronic media, and insert media. Torchmark Corporation was founded in 1900 and is headquartered in McKinney, Texas.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Life insurance
Sub-IndustryLife & Health Insurance
SectorFinance
SymbolNYSE:TMK
CUSIP89102710
Phone972-569-4000
Debt
Debt-to-Equity Ratio0.15
Current Ratio0.05
Quick Ratio0.05
Price-To-Earnings
Trailing P/E Ratio15.52
Forward P/E Ratio14.17
P/E Growth1.06
Sales & Book Value
Annual Sales$4.16 billion
Price / Sales2.32
Cash Flow$9.3409 per share
Price / Cash9.21
Book Value$53.98 per share
Price / Book1.59
Profitability
EPS (Most Recent Fiscal Year)$4.82
Net Income$1.45 billion
Net Margins36.13%
Return on Equity11.23%
Return on Assets2.77%
Miscellaneous
Employees3,102
Outstanding Shares112,300,000
Market Cap$9.54 billion
Torchmark (NYSE:TMK) Frequently Asked Questions
What is Torchmark's stock symbol?
Torchmark trades on the New York Stock Exchange (NYSE) under the ticker symbol "TMK."
How often does Torchmark pay dividends? What is the dividend yield for Torchmark?
Torchmark declared a quarterly dividend on Thursday, August 9th. Investors of record on Friday, October 5th will be paid a dividend of $0.16 per share on Thursday, November 1st. This represents a $0.64 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date of this dividend is Thursday, October 4th. View Torchmark's Dividend History.
When did Torchmark's stock split? How did Torchmark's stock split work?
Torchmark's stock split before market open on Wednesday, July 2nd 2014. The 3-2 split was announced on Tuesday, April 29th 2014. The newly issued shares were issued to shareholders after the closing bell on Tuesday, July 1st 2014. An investor that had 100 shares of Torchmark stock prior to the split would have 150 shares after the split.
How were Torchmark's earnings last quarter?
Torchmark Co. (NYSE:TMK) issued its quarterly earnings data on Wednesday, July, 25th. The insurance provider reported $1.51 EPS for the quarter, beating the Zacks' consensus estimate of $1.49 by $0.02. The insurance provider had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.07 billion. Torchmark had a return on equity of 11.23% and a net margin of 36.13%. Torchmark's revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.19 EPS. View Torchmark's Earnings History.
When is Torchmark's next earnings date?
How can I listen to Torchmark's earnings call?
Torchmark will be holding an earnings conference call on Thursday, October 25th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 3343230522.
What guidance has Torchmark issued on next quarter's earnings?
Torchmark updated its FY18 earnings guidance on Wednesday, July, 25th. The company provided EPS guidance of $6.02-6.12 for the period, compared to the Thomson Reuters consensus estimate of $6.05.
What price target have analysts set for TMK?
7 equities research analysts have issued twelve-month price objectives for Torchmark's stock. Their forecasts range from $78.00 to $97.00. On average, they expect Torchmark's share price to reach $83.5714 in the next twelve months. This suggests that the stock has a possible downside of 2.9%. View Analyst Price Targets for Torchmark.
What is the consensus analysts' recommendation for Torchmark?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Torchmark in the last year. There are currently 4 sell ratings, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Torchmark.
Who are some of Torchmark's key competitors?
Some companies that are related to Torchmark include Manulife Financial (MFC), Sun Life Financial (SLF), AVIVA PLC/ADR (AVVIY), HANNOVER RUECK/S (HVRRY), Legal & General Group (LGEN), AMP (AMP), Lincoln National (LNC), OLD Mut PLC/ADR (ODMTY), AEGON (AEG), SONY Finl HOLDI/ADR (SNYFY), Athene (ATH), Scor (SCRYY), Reinsurance Group of America (RGA), Voya Financial (VOYA) and Brighthouse Financial (BHF).
Who are Torchmark's key executives?
Torchmark's management team includes the folowing people:
- Mr. Gary Lee Coleman, Co-Chairman & CEO (Age 65)
- Mr. Larry Mac Hutchison, Co-Chairman & CEO (Age 64)
- Mr. Frank Martin Svoboda, Exec. VP & CFO (Age 56)
- Mr. W. Michael Pressley, Exec. VP & Chief Investment Officer (Age 66)
- Mr. James Matthew Darden, Exec. VP & Chief Strategy Officer (Age 47)
Who are Torchmark's major shareholders?
Torchmark's stock is owned by a variety of of institutional and retail investors. Top institutional investors include MERIAN GLOBAL INVESTORS UK Ltd (0.57%), PGGM Investments (0.43%), Bank of Montreal Can (0.16%), Aperio Group LLC (0.14%), Davis R M Inc. (0.12%) and Andra AP fonden (0.10%). Company insiders that own Torchmark stock include Arvelia Bowie, Ben Lutek, Bill Leavell, Carol A Mccoy, Charles E Adair, Domenico Bertini, Frank M Svoboda, Gary L Coleman, James Eric Mcpartland, James Matthew Darden, John Henry Rogers Jr, Kenneth J Matson, Lamar C Smith, Larry M Hutchison, Lloyd W Newton, Melissa Jane Buchan, Michael Clay Majors, Michael Shane Henrie, Paul J Zucconi, Robert Brian Mitchell, Robert W Ingram, Roger C Smith, Steven John Dichiaro, Vern D Herbel and W Michael Pressley. View Institutional Ownership Trends for Torchmark.
Which institutional investors are selling Torchmark stock?
TMK stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, Monument Capital Management, Andra AP fonden, Davis R M Inc., DNB Asset Management AS, BB&T Corp and Huntington National Bank. Company insiders that have sold Torchmark company stock in the last year include Bill Leavell, Carol A Mccoy, Frank M Svoboda, Gary L Coleman, James Eric Mcpartland, James Matthew Darden, John Henry Rogers Jr, Kenneth J Matson, Larry M Hutchison, Michael Clay Majors, Michael Shane Henrie, Paul J Zucconi, Robert Brian Mitchell, Robert W Ingram, Roger C Smith, Steven John Dichiaro, Vern D Herbel and W Michael Pressley. View Insider Buying and Selling for Torchmark.
Which institutional investors are buying Torchmark stock?
TMK stock was purchased by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Bank of Montreal Can, PGGM Investments, KAMES CAPITAL plc, Oakbrook Investments LLC, Aperio Group LLC, Nisa Investment Advisors LLC and Daiwa SB Investments Ltd.. View Insider Buying and Selling for Torchmark.
How do I buy shares of Torchmark?
Shares of TMK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Torchmark's stock price today?
One share of TMK stock can currently be purchased for approximately $86.03.
How big of a company is Torchmark?
Torchmark has a market capitalization of $9.54 billion and generates $4.16 billion in revenue each year. The insurance provider earns $1.45 billion in net income (profit) each year or $4.82 on an earnings per share basis. Torchmark employs 3,102 workers across the globe.
What is Torchmark's official website?
How can I contact Torchmark?
Torchmark's mailing address is 3700 South Stonebridge Drive, McKinney TX, 75070. The insurance provider can be reached via phone at 972-569-4000 or via email at [email protected]
MarketBeat Community Rating for Torchmark (NYSE TMK)
MarketBeat's community ratings are surveys of what our community members think about Torchmark and other stocks. Vote "Outperform" if you believe TMK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TMK will underperform the S&P 500 over the long term. You may vote once every thirty days.
