Unum Group (UNM) Expected to Announce Earnings on Tuesday

Unum Group (NYSE:UNM - Get Free Report) is expected to be announcing its Q1 2025 earnings results after the market closes on Tuesday, April 29th. Analysts expect Unum Group to post earnings of $2.18 per share and revenue of $3.34 billion for the quarter. Unum Group has set its FY 2025 guidance at 9.120-9.450 EPS.

Unum Group (NYSE:UNM - Get Free Report) last issued its earnings results on Tuesday, February 4th. The financial services provider reported $2.03 EPS for the quarter, missing the consensus estimate of $2.14 by ($0.11). Unum Group had a return on equity of 14.91% and a net margin of 13.81%. On average, analysts expect Unum Group to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Unum Group Price Performance

Shares of NYSE:UNM traded down $0.77 during midday trading on Friday, reaching $78.57. 1,111,930 shares of the company's stock were exchanged, compared to its average volume of 1,307,290. The firm has a market capitalization of $13.85 billion, a PE ratio of 8.30, a price-to-earnings-growth ratio of 1.14 and a beta of 0.46. The company's 50 day simple moving average is $78.06 and its two-hundred day simple moving average is $73.95. Unum Group has a 12 month low of $48.38 and a 12 month high of $84.48. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.28 and a current ratio of 0.29.

Unum Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 16th. Shareholders of record on Friday, April 25th will be paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date of this dividend is Friday, April 25th. Unum Group's dividend payout ratio is 17.74%.

Unum Group declared that its board has approved a stock buyback program on Tuesday, February 18th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the financial services provider to reacquire up to 7.4% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board of directors believes its shares are undervalued.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Barclays upped their price target on Unum Group from $85.00 to $89.00 and gave the company an "overweight" rating in a research report on Friday, April 11th. Raymond James raised shares of Unum Group from a "market perform" rating to a "strong-buy" rating and set a $108.00 target price on the stock in a report on Wednesday, March 5th. Piper Sandler boosted their price target on shares of Unum Group from $87.00 to $92.00 and gave the company an "overweight" rating in a research report on Wednesday, April 2nd. UBS Group raised their price objective on shares of Unum Group from $75.00 to $91.00 and gave the stock a "neutral" rating in a report on Wednesday, April 2nd. Finally, Keefe, Bruyette & Woods decreased their price target on Unum Group from $103.00 to $102.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 9th. Five equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Unum Group presently has an average rating of "Moderate Buy" and a consensus target price of $88.36.

Insider Activity at Unum Group

In other Unum Group news, EVP Lisa G. Iglesias sold 7,000 shares of the business's stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $82.75, for a total transaction of $579,250.00. Following the transaction, the executive vice president now owns 31,284 shares of the company's stock, valued at $2,588,751. The trade was a 18.28 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Richard P. Mckenney sold 50,000 shares of the firm's stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $81.99, for a total transaction of $4,099,500.00. Following the completion of the transaction, the chief executive officer now directly owns 980,637 shares of the company's stock, valued at $80,402,427.63. This represents a 4.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.93% of the stock is owned by insiders.

Institutional Trading of Unum Group

A hedge fund recently bought a new stake in Unum Group stock. Brighton Jones LLC purchased a new position in shares of Unum Group (NYSE:UNM - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 3,385 shares of the financial services provider's stock, valued at approximately $247,000. 86.57% of the stock is owned by institutional investors.

About Unum Group

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.