Unum Group (NYSE:UNM - Free Report) - Stock analysts at Zacks Research boosted their Q4 2025 earnings per share estimates for shares of Unum Group in a research note issued to investors on Tuesday, November 12th. Zacks Research analyst D. Chatterjee now forecasts that the financial services provider will post earnings per share of $2.63 for the quarter, up from their prior forecast of $2.20. The consensus estimate for Unum Group's current full-year earnings is $8.53 per share.
A number of other research analysts also recently issued reports on the company. Truist Financial boosted their price objective on Unum Group from $70.00 to $75.00 and gave the company a "buy" rating in a research note on Friday, November 1st. Evercore ISI raised shares of Unum Group from an "in-line" rating to an "outperform" rating and raised their price objective for the stock from $67.00 to $84.00 in a research report on Thursday. Bank of America boosted their target price on shares of Unum Group from $54.00 to $63.00 and gave the company a "neutral" rating in a research report on Thursday, October 10th. Barclays lifted their price target on shares of Unum Group from $72.00 to $74.00 and gave the company an "overweight" rating in a research note on Wednesday, October 30th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Unum Group from $65.00 to $63.00 and set an "overweight" rating on the stock in a research report on Thursday, October 3rd. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, Unum Group presently has an average rating of "Moderate Buy" and an average target price of $67.73.
Read Our Latest Research Report on Unum Group
Unum Group Trading Up 1.3 %
UNM stock traded up $0.95 during midday trading on Friday, hitting $73.19. The stock had a trading volume of 1,523,727 shares, compared to its average volume of 1,250,770. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.32. The firm has a market cap of $13.37 billion, a P/E ratio of 7.82, a price-to-earnings-growth ratio of 1.04 and a beta of 0.76. The business has a fifty day moving average price of $61.20 and a two-hundred day moving average price of $55.62. Unum Group has a 1-year low of $41.86 and a 1-year high of $73.24.
Unum Group (NYSE:UNM - Get Free Report) last released its earnings results on Tuesday, October 29th. The financial services provider reported $2.13 earnings per share for the quarter, beating analysts' consensus estimates of $2.10 by $0.03. Unum Group had a net margin of 13.76% and a return on equity of 15.21%. The business had revenue of $3.22 billion during the quarter, compared to the consensus estimate of $3.26 billion. During the same quarter in the prior year, the firm posted $1.94 EPS. The company's revenue for the quarter was up 4.0% compared to the same quarter last year.
Institutional Trading of Unum Group
Several hedge funds have recently added to or reduced their stakes in the stock. ProShare Advisors LLC raised its stake in Unum Group by 89.8% in the 2nd quarter. ProShare Advisors LLC now owns 1,207,756 shares of the financial services provider's stock valued at $61,728,000 after acquiring an additional 571,436 shares during the period. Victory Capital Management Inc. raised its position in shares of Unum Group by 62.9% in the second quarter. Victory Capital Management Inc. now owns 1,119,870 shares of the financial services provider's stock valued at $57,237,000 after purchasing an additional 432,240 shares during the period. Jacobs Levy Equity Management Inc. lifted its stake in shares of Unum Group by 151.7% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 509,702 shares of the financial services provider's stock valued at $30,297,000 after buying an additional 307,175 shares in the last quarter. M&G Plc bought a new position in Unum Group in the 1st quarter worth approximately $8,988,000. Finally, Neo Ivy Capital Management bought a new position in Unum Group in the 2nd quarter worth approximately $6,640,000. Institutional investors own 86.57% of the company's stock.
Insider Buying and Selling
In other Unum Group news, EVP Christopher W. Pyne sold 3,250 shares of Unum Group stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $70.02, for a total transaction of $227,565.00. Following the transaction, the executive vice president now owns 50,762 shares of the company's stock, valued at $3,554,355.24. This trade represents a 6.02 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Richard P. Mckenney sold 67,795 shares of the company's stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $54.98, for a total value of $3,727,369.10. Following the completion of the transaction, the chief executive officer now owns 1,065,868 shares of the company's stock, valued at $58,601,422.64. This trade represents a 5.98 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 77,545 shares of company stock worth $4,380,074. 0.93% of the stock is owned by corporate insiders.
Unum Group Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Friday, October 25th will be given a dividend of $0.42 per share. The ex-dividend date of this dividend is Friday, October 25th. This represents a $1.68 annualized dividend and a dividend yield of 2.30%. Unum Group's payout ratio is 18.18%.
Unum Group announced that its Board of Directors has initiated a share repurchase plan on Tuesday, July 30th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the financial services provider to reacquire up to 10% of its shares through open market purchases. Shares buyback plans are often a sign that the company's board of directors believes its stock is undervalued.
About Unum Group
(
Get Free Report)
Unum Group, together with its subsidiaries, provides financial protection benefit solutions primarily in the United States, the United Kingdom, Poland, and internationally. It operates through Unum US, Unum International, Colonial Life, and Closed Block segment. The company offers group long-term and short-term disability, group life, and accidental death and dismemberment products; supplemental and voluntary products, such as individual disability, voluntary benefits, and dental and vision products; and accident, sickness, disability, life, and cancer and critical illness products.
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