Torchmark Corporation (NYSE:TMK) is scheduled to be announcing its earnings results after the market closes on Tuesday, July 25th. Analysts expect the company to announce earnings of $1.17 per share for the quarter. Torchmark Corporation has set its FY17 guidance at $4.63-4.77 EPS.

Torchmark Corporation (NYSE:TMK) last announced its quarterly earnings data on Wednesday, April 19th. The insurance provider reported $1.15 EPS for the quarter, topping analysts’ consensus estimates of $1.14 by $0.01. Torchmark Corporation had a return on equity of 11.56% and a net margin of 14.04%. The business had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.01 billion. During the same period in the previous year, the firm earned $1.10 earnings per share. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. On average, analysts expect Torchmark Corporation to post $4.70 EPS for the current fiscal year and $5.04 EPS for the next fiscal year.

Shares of Torchmark Corporation (NYSE:TMK) opened at 78.37 on Tuesday. The firm has a market capitalization of $9.17 billion, a PE ratio of 17.03 and a beta of 0.98. Torchmark Corporation has a 52 week low of $60.49 and a 52 week high of $79.53. The company’s 50 day moving average price is $75.83 and its 200-day moving average price is $75.78.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, August 1st. Investors of record on Wednesday, July 5th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.77%. The ex-dividend date is Friday, June 30th. Torchmark Corporation’s dividend payout ratio is currently 13.02%.

In other Torchmark Corporation news, insider Domenico Bertini sold 4,500 shares of the stock in a transaction dated Thursday, April 27th. The stock was sold at an average price of $77.28, for a total transaction of $347,760.00. Following the completion of the sale, the insider now directly owns 4,500 shares in the company, valued at approximately $347,760. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Ben Lutek sold 26,250 shares of the stock in a transaction dated Monday, April 24th. The stock was sold at an average price of $77.03, for a total value of $2,022,037.50. Following the sale, the vice president now owns 30,550 shares of the company’s stock, valued at $2,353,266.50. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 72,750 shares of company stock valued at $5,555,033. Company insiders own 3.79% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Torchmark Corporation (TMK) Set to Announce Earnings on Tuesday” was originally posted by American Banking News and is the sole property of of American Banking News. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of US & international trademark & copyright law. The correct version of this report can be accessed at https://www.americanbankingnews.com/2017/07/18/torchmark-corporation-tmk-set-to-announce-earnings-on-tuesday.html.

TMK has been the subject of several analyst reports. Zacks Investment Research raised Torchmark Corporation from a “sell” rating to a “hold” rating in a research report on Friday, April 7th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $75.00 target price on shares of Torchmark Corporation in a research report on Friday, April 21st. Finally, ValuEngine lowered Torchmark Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, May 23rd. Six research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. Torchmark Corporation presently has an average rating of “Hold” and a consensus price target of $69.86.

Torchmark Corporation Company Profile

Torchmark Corporation (Torchmark) is an insurance holding company. The Company, through its subsidiaries, provides a range of life and health insurance products and annuities to a base of customers. The Company’s segments include life insurance, health insurance, annuities and investment. The life insurance segment includes traditional and interest-sensitive whole life insurance as well as term life insurance.

Earnings History for Torchmark Corporation (NYSE:TMK)

Receive News & Ratings for Torchmark Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Torchmark Corporation and related companies with MarketBeat.com's FREE daily email newsletter.