On 2016-05-23, Torchmark Corporation (NYSE:TMK) confirmed the dividend disbursement of $0.14 a share to shareholders as on record 2016-07-01. The firm will release dividend on 2016-08-01 while ex-dividend date is reported to be 2016-06-29.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Torchmark Corporation (NYSE:TMK) paid a total of $0.14 per share in dividends. This figure stood at $0.14 a share in the same period a year ago indicating a deviation of -12.8157%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $58.285 on the stock. This figure is the average of recommendations offered by 7 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $70 and $53, respectively.
Taking the mathematical rating formula, the price for Torchmark Corporation (NYSE:TMK) stands at 3.59. Earnings Review Torchmark Corporation (NYSE:TMK) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-24. For the period ending on 2016-09-30, experts are expecting EPS of $1.12.
Coming to the quarter ending on 2015-12-31, Torchmark Corporation (NYSE:TMK) recorded EPS of $1.11. The reported numbers came lower than the analysts’ estimates of $1.1, demonstrating a miss of $0.01 as against reported figures.
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