Torchmark Corporation (TMK) Analysts See $1.23 EPS

January 20, 2018 - By Marguerite Chambers

 Torchmark Corporation (TMK) Analysts See $1.23 EPS
Investors sentiment decreased to 0.82 in 2017 Q3. Its down 0.07, from 0.89 in 2017Q2. It dropped, as 26 investors sold Torchmark Corporation shares while 151 reduced holdings. 34 funds opened positions while 112 raised stakes. 79.21 million shares or 1.66% less from 80.55 million shares in 2017Q2 were reported.
California-based Btr Cap Mgmt Incorporated has invested 0.07% in Torchmark Corporation (NYSE:TMK). Eaton Vance Mgmt stated it has 158,669 shares. Macquarie Gru stated it has 183,285 shares or 0.03% of all its holdings. Utah Retirement reported 0.04% stake. Toronto Dominion Bank & Trust accumulated 41,160 shares. Old Mutual Customised Solutions (Proprietary) Limited holds 0.05% or 4,972 shares in its portfolio. 41,431 were reported by Busey. Colony Grp Inc Limited Liability Corporation, a Massachusetts-based fund reported 24,720 shares. 3,698 were reported by Natixis Asset Management. Chevy Chase Trust Hldg reported 100,000 shares stake. Amp Limited has 61,490 shares. Tiaa Cref Inv Management Limited Liability Corp reported 0.01% of its portfolio in Torchmark Corporation (NYSE:TMK). First Quadrant L P Ca holds 0.61% or 390,927 shares in its portfolio. Commerzbank Aktiengesellschaft Fi, a Germany-based fund reported 11,855 shares. Asset Management One Com stated it has 0.03% of its portfolio in Torchmark Corporation (NYSE:TMK).

Since August 9, 2017, it had 0 insider purchases, and 16 selling transactions for $30.22 million activity. Another trade for 52,500 shares valued at $4.41M was made by PRESSLEY W MICHAEL on Thursday, October 26. The insider Rogers John Henry JR sold 1,875 shares worth $159,525. SMITH ROGER C had sold 30,000 shares worth $2.54M. Another trade for 9,244 shares valued at $729,233 was made by ADAIR CHARLES E on Tuesday, August 15. LEAVELL BILL sold $1.58 million worth of Torchmark Corporation (NYSE:TMK) on Friday, October 27. 11,000 shares valued at $930,324 were sold by DICHIARO STEVEN JOHN on Thursday, October 26.

Analysts expect Torchmark Corporation (NYSE:TMK) to report $1.23 EPS on February, 7.They anticipate $0.07 EPS change or 6.03 % from last quarter’s $1.16 EPS. TMK’s profit would be $141.99M giving it 18.73 P/E if the $1.23 EPS is correct. After having $1.23 EPS previously, Torchmark Corporation’s analysts see 0.00 % EPS growth. The stock increased 0.53% or $0.49 during the last trading session, reaching $92.15. About 545,694 shares traded or 7.02% up from the average. Torchmark Corporation (NYSE:TMK) has risen 25.88% since January 20, 2017 and is uptrending. It has outperformed by 9.18% the S&P500.

Torchmark Corporation (NYSE:TMK) Ratings Coverage

Among 11 analysts covering Torchmark Corporation (NYSE:TMK), 0 have Buy rating, 4 Sell and 7 Hold. Therefore 0 are positive. Torchmark Corporation had 32 analyst reports since July 29, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained it with “Hold” rating and $7500 target in Friday, May 26 report. The stock of Torchmark Corporation (NYSE:TMK) has “Hold” rating given on Thursday, December 21 by Keefe Bruyette & Woods. The stock has “Neutral” rating by Goldman Sachs on Friday, July 15. The firm earned “Hold” rating on Monday, April 24 by Wood. Morgan Stanley downgraded Torchmark Corporation (NYSE:TMK) on Thursday, August 13 to “Underweight” rating. The firm earned “Underweight” rating on Monday, November 13 by Morgan Stanley. On Friday, November 10 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The rating was maintained by Wood on Monday, May 29 with “Hold”. Goldman Sachs initiated the shares of TMK in report on Tuesday, November 17 with “Neutral” rating. The stock of Torchmark Corporation (NYSE:TMK) earned “Underweight” rating by Barclays Capital on Friday, August 11.

Torchmark Corporation, through its subsidiaries, provides various life and health insurance products, and annuities in the United States, Canada, and New Zealand. The company has market cap of $10.64 billion. It operates through Life Insurance, Health Insurance, and Annuities divisions. It has a 19.63 P/E ratio. The Life Insurance segment offers life insurance products, including traditional and interest-sensitive whole life and term life insurance, and other life insurance.

More notable recent Torchmark Corporation (NYSE:TMK) news were published by: Nasdaq.com which released: “Torchmark Corporation (TMK) Ex-Dividend Date Scheduled for October 05, 2017” on October 04, 2017, also Twst.com with their article: “Torchmark Corporation: Torchmark Corporation Announces Fourth Quarter 2017 …” published on January 18, 2018, Nasdaq.com published: “Is Torchmark Corp. (TMK) a Great Stock for Value Investors?” on December 29, 2017. More interesting news about Torchmark Corporation (NYSE:TMK) were released by: Prnewswire.com and their article: “Torchmark Corporation Reports Third Quarter 2017 Results” published on October 24, 2017 as well as Nasdaq.com‘s news article titled: “Torchmark Corporation (TMK) Ex-Dividend Date Scheduled for January 04, 2018” with publication date: January 03, 2018.

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