Unum Group (UNM) Projected to Post Quarterly Earnings on Tuesday

Unum Group (NYSE:UNM) is projected to post its Q1 2025 quarterly 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) last announced its quarterly earnings data on Tuesday, February 4th. The financial services provider reported $2.03 earnings per share for the quarter, missing the consensus estimate of $2.14 by ($0.11). Unum Group had a net margin of 13.81% and a return on equity of 14.91%. 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 Stock Performance

Shares of UNM opened at $74.20 on Tuesday. The stock has a 50-day moving average of $77.74 and a 200-day moving average of $73.64. Unum Group has a one year low of $48.38 and a one year high of $84.48. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.29 and a quick ratio of 0.28. The company has a market cap of $13.08 billion, a PE ratio of 7.84, a P/E/G ratio of 1.14 and a beta of 0.46.

Unum Group declared that its Board of Directors has initiated a share repurchase program on Tuesday, February 18th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the financial services provider to purchase up to 7.4% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

Unum Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 16th. Shareholders of record on Friday, April 25th will be paid a $0.42 dividend. The ex-dividend date of this dividend is Friday, April 25th. This represents a $1.68 dividend on an annualized basis and a yield of 2.26%. Unum Group’s dividend payout ratio (DPR) is presently 17.74%.

Analyst Ratings Changes

UNM has been the topic of several research reports. Morgan Stanley upped their price objective on shares of Unum Group from $80.00 to $84.00 and gave the stock an “equal weight” rating in a report on Friday, February 28th. Keefe, Bruyette & Woods dropped their price target on shares of Unum Group from $103.00 to $102.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 9th. Raymond James raised Unum Group from a “market perform” rating to a “strong-buy” rating and set a $108.00 price objective for the company in a report on Wednesday, March 5th. JPMorgan Chase & Co. lifted their target price on Unum Group from $81.00 to $87.00 and gave the company a “neutral” rating in a research report on Wednesday, April 2nd. Finally, Barclays increased 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. Five research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $88.36.

Insiders Place Their Bets

In other news, EVP Lisa G. Iglesias sold 7,000 shares of the company’s stock in a transaction 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. This represents a 18.28 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Richard P. Mckenney sold 50,000 shares of Unum Group stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $81.99, for a total value of $4,099,500.00. Following the completion of the sale, the chief executive officer now directly owns 980,637 shares of the company’s stock, valued at approximately $80,402,427.63. This trade represents a 4.85 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.93% of the company’s stock.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Unum Group stock. Brighton Jones LLC purchased a new position in Unum Group (NYSE:UNM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,385 shares of the financial services provider’s stock, valued at approximately $247,000. Institutional investors and hedge funds own 86.57% of the company’s stock.

Unum Group Company Profile

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.