Torchmark Corporation (TMK) EPS Estimated At $1.17

July 18, 2017 - By Hazel Jackson

 Torchmark Corporation (TMK) EPS Estimated At $1.17
Investors sentiment increased to 0.98 in 2016 Q4. Its up 0.04, from 0.94 in 2016Q3. It improved, as 19 investors sold Torchmark Corporation shares while 144 reduced holdings. 52 funds opened positions while 108 raised stakes. 83.84 million shares or 0.65% more from 83.30 million shares in 2016Q3 were reported.
Mason Street Limited Liability accumulated 15,095 shares. Global X Mgmt Limited Liability Corp accumulated 392 shares. Los Angeles Capital Management & Equity invested in 0.02% or 37,502 shares. Acadian Asset Mngmt Limited Liability Corporation holds 0% in Torchmark Corporation (NYSE:TMK) or 6,713 shares. Wells Fargo & Co Mn, a California-based fund reported 499,838 shares. Pittenger And Anderson Inc reported 9,805 shares or 0.08% of all its holdings. Sei has 18,999 shares for 0.01% of their portfolio. Ontario Teachers Pension Plan Board accumulated 0.07% or 95,330 shares. 39,720 were reported by Nordea Management Ab. Us State Bank De has invested 0.01% in Torchmark Corporation (NYSE:TMK). Da Davidson And invested in 0.01% or 3,050 shares. Rafferty Asset Management Llc invested 0.02% of its portfolio in Torchmark Corporation (NYSE:TMK). Horizon Limited Liability Co reported 8,606 shares. Credit Suisse Ag reported 533,119 shares. Ny State Common Retirement Fund owns 483,809 shares.

Since February 3, 2017, it had 1 insider buy, and 8 insider sales for $7.84 million activity. Another trade for 22,500 shares valued at $1.74M was sold by SMITH ROGER C. Shares for $627,838 were sold by HENRIE MICHAEL SHANE. ADAIR CHARLES E sold 1,938 shares worth $144,516. Shares for $1.16 million were sold by DICHIARO STEVEN JOHN on Friday, February 24. LUTEK BEN had sold 32,500 shares worth $2.42 million. 19,153 Torchmark Corporation (NYSE:TMK) shares with value of $1.48M were sold by MAJORS MICHAEL CLAY. On Wednesday, March 1 Rogers John Henry JR sold $117,797 worth of Torchmark Corporation (NYSE:TMK) or 1,500 shares.

Wall Street await Torchmark Corporation (NYSE:TMK) to release earnings on July, 26. Analysts forecast earnings per share of $1.17, up exactly $0.06 or 5.41 % from 2014’s $1.11 EPS. The expected TMK’s profit could reach $136.75M giving the stock 16.75 P/E in the case that $1.17 earnings per share is reported. After posting $1.15 EPS for the previous quarter, Torchmark Corporation’s analysts now forecast 1.74 % EPS growth. The stock increased 0.29% or $0.23 during the last trading session, reaching $78.37. About 291,706 shares traded. Torchmark Corporation (NYSE:TMK) has risen 25.88% since July 18, 2016 and is uptrending. It has outperformed by 9.18% the S&P500.

Torchmark Corporation (NYSE:TMK) Ratings Coverage

Among 10 analysts covering Torchmark Corporation (NYSE:TMK), 0 have Buy rating, 4 Sell and 6 Hold. Therefore 0 are positive. Torchmark Corporation had 23 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Sell” rating given on Tuesday, August 25 by Zacks. The stock of Torchmark Corporation (NYSE:TMK) earned “Neutral” rating by Goldman Sachs on Friday, July 15. The stock of Torchmark Corporation (NYSE:TMK) earned “Neutral” rating by Bank of America on Wednesday, June 29. As per Monday, August 3, the company rating was upgraded by FBR Capital. The firm has “Neutral” rating by Goldman Sachs given on Tuesday, November 17. As per Friday, October 7, the company rating was initiated by Credit Suisse. The company was maintained on Monday, May 29 by Wood. Bank of America downgraded the shares of TMK in report on Friday, November 18 to “Underperform” rating. The firm has “Sell” rating given on Wednesday, August 19 by Zacks. The stock has “Underperform” rating by Bank of America on Wednesday, July 29.

Torchmark Corporation is an insurance holding company. The company has market cap of $9.16 billion. The Company, through its subsidiaries, provides a range of life and health insurance products and annuities to a base of customers. It has a 17.54 P/E ratio. The Company’s divisions include life insurance, health insurance, annuities and investment.

More notable recent Torchmark Corporation (NYSE:TMK) news were published by: Prnewswire.com which released: “TORCHMARK CORPORATION REPORTS Fourth Quarter 2016 Results” on February 01, 2017, also Nasdaq.com with their article: “Torchmark Corporation (TMK) Ex-Dividend Date Scheduled for June 30, 2017” published on June 29, 2017, Seekingalpha.com published: “Torchmark Corp’s (TMK) CEO Gary Coleman on Q1 2017 Results – Earnings Call …” on April 20, 2017. More interesting news about Torchmark Corporation (NYSE:TMK) were released by: Zacks.com and their article: “Should Value Investors Pick Torchmark Corporation (TMK)?” published on May 08, 2017 as well as Prnewswire.com‘s news article titled: “Torchmark Corporation Announces Its Intent To Delist From London Stock Exchange” with publication date: January 24, 2017.

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