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, Health Insurance, Annuity, and Investment. The company offers traditional and interest-sensitive whole life insurance, as well as term life insurance.
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Industry, Sector and Symbol
Industry Life insurance
Sub-IndustryLife & Health Insurance
SectorFinance
Phone972-569-4000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$4.30 billion
Profitability
Miscellaneous
Employees3,102
Next Earnings Date10/23/2019 (Estimated)
OptionableOptionable
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, May 2nd. Investors of record on Friday, July 5th will be given a dividend of $0.1725 per share on Thursday, August 1st. This represents a $0.69 annualized dividend and a yield of 0.78%. The ex-dividend date of this dividend is Wednesday, July 3rd. View Torchmark's Dividend History.
When did Torchmark's stock split? How did Torchmark's stock split work?
Torchmark shares split on Wednesday, July 2nd 2014. The 3-2 split was announced on Tuesday, April 29th 2014. The newly created shares were distributed 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 results on Wednesday, July, 24th. The insurance provider reported $1.67 EPS for the quarter, beating analysts' consensus estimates of $1.65 by $0.02. The insurance provider earned $1.13 billion during the quarter, compared to the consensus estimate of $1.12 billion. Torchmark had a net margin of 16.26% and a return on equity of 12.90%. The company's quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.51 earnings per share. View Torchmark's Earnings History.
When is Torchmark's next earnings date?
What guidance has Torchmark issued on next quarter's earnings?
Torchmark issued an update on its FY19 earnings guidance on Wednesday, July, 24th. The company provided earnings per share (EPS) guidance of $6.67-6.77 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.68.
What price target have analysts set for TMK?
4 equities research analysts have issued 1-year price objectives for Torchmark's shares. Their predictions range from $78.00 to $86.00. On average, they anticipate Torchmark's stock price to reach $82.6667 in the next twelve months. This suggests that the stock has a possible downside of 6.2%. View Analyst Price Targets for Torchmark.
What is the consensus analysts' recommendation for Torchmark?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Torchmark in the last year. There are currently 2 sell ratings, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Torchmark.
Has Torchmark been receiving favorable news coverage?
News stories about TMK stock have trended negative this week, InfoTrie Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Torchmark earned a media sentiment score of -2.3 on InfoTrie's scale. They also assigned news headlines about the insurance provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Torchmark.
Are investors shorting Torchmark?
Torchmark saw a drop in short interest during the month of July. As of July 15th, there was short interest totalling 3,261,600 shares, a drop of 5.8% from the June 15th total of 3,460,800 shares. Based on an average daily volume of 436,500 shares, the days-to-cover ratio is currently 7.5 days. Approximately 3.0% of the company's shares are short sold. View Torchmark's Current Options Chain.
Who are some of Torchmark's key competitors?
Some companies that are related to Torchmark include SWISS RE LTD/S (SSREY), Prudential Financial (PRU), Manulife Financial (MFC), Sun Life Financial (SLF), HANNOVER RUECK/S (HVRRY), AVIVA PLC/ADR (AVVIY), Legal & General Group (LGEN), AEGON (AEG), Lincoln National (LNC), SONY FINL HOLDI/ADR (SNYFY), Reinsurance Group of America (RGA), Scor (SCRYY), Athene (ATH), Voya Financial (VOYA) and AMP (AMP).
What other stocks do shareholders of Torchmark own?
Who are Torchmark's key executives?
Torchmark's management team includes the folowing people:
- Mr. Gary Lee Coleman, Co-Chairman & CEO (Age 66)
- Mr. Larry Mac Hutchison, Co-Chairman & CEO (Age 65)
- Mr. Frank Martin Svoboda, Exec. VP & CFO (Age 57)
- Mr. W. Michael Pressley, Exec. VP & Chief Investment Officer (Age 67)
- Mr. James Matthew Darden, Exec. VP & Chief Strategy Officer (Age 48)
Who are Torchmark's major shareholders?
Torchmark's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.58%), BlackRock Inc. (6.92%), Caisse DE Depot ET Placement DU Quebec (1.79%), APG Asset Management N.V. (1.55%), Acadian Asset Management LLC (1.46%) and Janus Henderson Group PLC (1.20%). Company insiders that own Torchmark stock include Bill Leavell, Carol A Mccoy, David Kendall Carlson, 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 Institutional Ownership Trends for Torchmark.
Which major investors are selling Torchmark stock?
TMK stock was sold by a variety of institutional investors in the last quarter, including Quest Capital Management Inc. ADV, Vanguard Group Inc., First Trust Advisors LP, Ontario Teachers Pension Plan Board, Janus Henderson Group PLC, Janus Henderson Group PLC, JPMorgan Chase & Co. and Bank of New York Mellon Corp. Company insiders that have sold Torchmark company stock in the last year include Bill Leavell, Carol A Mccoy, David Kendall Carlson, Frank M Svoboda, Gary L Coleman, James Eric Mcpartland, James Matthew Darden, John Henry Rogers Jr, Kenneth J Matson, Larry M Hutchison, Michael Shane Henrie, Paul J Zucconi, Robert Brian Mitchell, Robert W Ingram and Vern D Herbel. View Insider Buying and Selling for Torchmark.
Which major investors are buying Torchmark stock?
TMK stock was acquired by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Nuveen Asset Management LLC, Renaissance Technologies LLC, Acadian Asset Management LLC, BlackRock Inc., California Public Employees Retirement System, DekaBank Deutsche Girozentrale and Freestone Capital Holdings LLC. 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 $88.10.
How big of a company is Torchmark?
Torchmark has a market capitalization of $9.69 billion and generates $4.30 billion in revenue each year. The insurance provider earns $701.47 million in net income (profit) each year or $6.13 on an earnings per share basis. Torchmark employs 3,102 workers across the globe.View Additional Information About Torchmark.
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.
