What is the ticker symbol for Torchmark?
Torchmark trades on the New York Stock Exchange (NYSE) under the ticker symbol "TMK." How much money does Torchmark make? Torchmark has a market capitalization of $0.00 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.
Where is Torchmark Corporation located?
Torchmark Corporation was founded in 1900 and is headquartered in McKinney, Texas. Is It Safer to Pull Your Money Out of the Stock Market Now or Stay Invested?
When did Torchmark buy family life insurance?
1990: Torchmark buys Family Life Insurance Company. 1994: American Income Life Insurance Company enters Torchmark fold. 1998: Family Life and Waddell & Reed are spun off. Torchmark Corporation is an insurance and diversified financial services holding company.
When did Torchmark stock split in 2014?
Torchmark shares split on Wednesday, July 2nd 2014. The 3-2 split was announced on Tuesday, April 29th 2014. The newly created shares were issued to shareholders after the market closes 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) announced its quarterly earnings results on Wednesday, October, 24th. The insurance provider reported $1.59 earnings per s...
Is Torchmark a good dividend stock?
Torchmark(NYSE:TMK) pays an annual dividend of $0.69 per share and currently has a dividend yield of 0.80%. The dividend payout ratio of Torchmark...
When did Torchmark's stock split? How did Torchmark's stock split work?
Shares of Torchmark split on the morning of Wednesday, July 2nd 2014. The 3-2 split was announced on Tuesday, April 29th 2014. The newly issued sha...
Who are Torchmark's key executives?
Torchmark's management team includes the following people: Mr. Gary Lee Coleman , Co-Chairman & CEO (Age 66) Mr. Larry Mac Hutchison , Co-Chair...
Who are some of Torchmark's key competitors?
Some companies that are related to Torchmark include MetLife (MET) , Prudential Financial (PRU) , Aflac (AFL) , Lincoln National (LNC) , Unum...
What other stocks do shareholders of Torchmark own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Torchmark investors own include Bank of Hawaii (BOH) , In...
What is Torchmark's stock symbol?
Torchmark trades on the New York Stock Exchange (NYSE) under the ticker symbol "TMK."
How much money does Torchmark make?
Torchmark (NYSE:TMK) has a market capitalization of $0.00 and generates $4.30 billion in revenue each year. The insurance provider earns $701.47 mi...
How many employees does Torchmark have?
Torchmark employs 3,102 workers across the globe.
What is the ticker symbol for torchmark?
What is torchmark insurance?
Torchmark trades on the New York Stock Exchange (NYSE) under the ticker symbol "TMK."
What is the payout ratio of torchmark?
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. It also provides health insurance product, including Medicare Supplement, critical illness, accident, and limited-benefit supplemental hospital and surgical coverage; and annuities, such as 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.
When did torchmark split?
The dividend payout ratio of Torchmark is 11.26%. This payout ratio is at a healthy, sustainable level, below 75%.
Is there enough data for torchmark?
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 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.
When did Torchmark Corporation get its name?
There is not enough analysis data for Torchmark.
What is torchmark insurance?
The company adopted the name Torchmark Corporation in 1982. Torchmark combined the Statue of Liberty's torch and the word 'hallmark' to form a unique name that drew upon the company's long history, yet reflected its new components.
What was Torchmark's investment in the 1980s?
Torchmark Corporation is an insurance and diversified financial services holding company. Most of the company's history involves a single corporate entity, Liberty National Insurance Holding Co., but in the 1980s the company entered a period of aggressive acquisition. By 1993, Torchmark controlled ten principal subsidiaries, ...
What happened to torchmark in the 1990s?
While many other insurance providers were lured into the high-return, high-risk junk bond and commercial real estate markets of the 1980s, Torchmark maintained three-fourths of its invested assets in reliable, government-guaranteed securities and short-term investments.
How much was Torchmark's net income in 1996?
In 1994, however, the company experienced some setbacks. In large part as a result of some poorly performing investments and the fallout from several different legal disputes in Alabama stemming from alleged misconduct by agents at Liberty National Life Insurance Company (some involving age discrimination and punitive damages claims and others relating to an exchange of Liberty's cancer policies), the company's growth streak was snapped. Revenues declined to $1.875 billion from 1993's $2.177 billion and net income dropped $31 million from 1993's results, to $269 million.
When did Torchmark sell its family service life?
These maneuvers proved tremendously beneficial, as 1996 net income skyrocketed to $311 million on revenues of $2.071 billion. Life insurance operations remained the single largest growth engine, and the company's direct response business was particularly profitable. (As the name suggests, direct response relies on marketing insurance directly to customers via post, television, and other media rather than by the traditional use of agents. Torchmark's Global Life and Accident Insurance Company spearheaded this portion of the company's business.)
Who was the principal stockholder of Brown Service Insurance Company?
Torchmark also sold its Family Service Life subsidiary in June 1998 and used the proceeds to pay down debt and buy back some of its outstanding shares. Revenues for the year climbed to $2.158 billion, though net income dropped to $244 million in light of the company's debt restructuring and discharge.