
Unum Group (NYSE:UNM – Free Report) – Analysts at DOWLING & PARTN decreased their FY2026 earnings per share (EPS) estimates for Unum Group in a research report issued on Tuesday, November 10th. DOWLING & PARTN analyst J. Hurwitz now anticipates that the financial services provider will post earnings of $8.40 per share for the year, down from their previous estimate of $8.60. The consensus estimate for Unum Group’s current full-year earnings is $8.37 per share. DOWLING & PARTN also issued estimates for Unum Group’s FY2028 earnings at $10.10 EPS.
Unum Group (NYSE:UNM – Get Free Report) last released its earnings results on Tuesday, November 3rd. The financial services provider reported $2.20 earnings per share for the quarter, beating analysts’ consensus estimates of $2.16 by $0.04. The company had revenue of $3.40 billion during the quarter, compared to analyst estimates of $2.97 billion. Unum Group had a return on equity of 12.57% and a net margin of 1.94%. During the same quarter in the previous year, the company posted $2.09 EPS.
Other equities analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. upgraded shares of Unum Group from a “neutral” rating to an “overweight” rating and decreased their price objective for the company from $98.00 to $90.00 in a research report on Monday. Barclays dropped their target price on shares of Unum Group from $109.00 to $101.00 and set an “overweight” rating for the company in a report on Wednesday, November 4th. Truist Financial cut their target price on Unum Group from $96.00 to $85.00 and set a “buy” rating on the stock in a research note on Thursday, November 5th. Weiss Ratings downgraded Unum Group from a “buy (b)” rating to a “hold (c+)” rating in a report on Tuesday. Finally, Wells Fargo & Company reduced their price target on Unum Group from $102.00 to $91.00 and set an “overweight” rating on the stock in a report on Thursday. Eight investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, Unum Group currently has an average rating of “Moderate Buy” and an average target price of $94.75.
Read Our Latest Report on Unum Group
Unum Group Trading Down 2.8%
Shares of UNM opened at $79.11 on Friday. The stock has a market capitalization of $12.26 billion, a P/E ratio of 56.11, a PEG ratio of 0.88 and a beta of 0.25. Unum Group has a twelve month low of $69.02 and a twelve month high of $96.77. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.35. The firm has a fifty day simple moving average of $90.34 and a two-hundred day simple moving average of $84.13.
Hedge Funds Weigh In On Unum Group
Hedge funds and other institutional investors have recently modified their holdings of the stock. Laurel Wealth Advisors LLC purchased a new stake in Unum Group in the third quarter worth about $29,000. CX Institutional grew its holdings in shares of Unum Group by 57.8% during the 3rd quarter. CX Institutional now owns 352 shares of the financial services provider’s stock worth $31,000 after acquiring an additional 129 shares during the period. City State Bank purchased a new position in shares of Unum Group during the 3rd quarter worth approximately $32,000. Ancora Advisors LLC purchased a new position in shares of Unum Group during the 2nd quarter worth approximately $39,000. Finally, Trust Co. of Vermont bought a new position in shares of Unum Group in the 2nd quarter worth approximately $47,000. Hedge funds and other institutional investors own 86.57% of the company’s stock.
Insider Buying and Selling at Unum Group
In other Unum Group news, EVP Lisa Iglesias sold 4,000 shares of the business’s stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $94.44, for a total transaction of $377,760.00. Following the transaction, the executive vice president directly owned 25,453 shares of the company’s stock, valued at approximately $2,403,781.32. The trade was a 13.58% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Lynn Jr sold 2,188 shares of the company’s stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $94.31, for a total transaction of $206,350.28. Following the completion of the transaction, the chief accounting officer owned 8,154 shares of the company’s stock, valued at $769,003.74. This trade represents a 21.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 10,488 shares of company stock valued at $988,396. 1.00% of the stock is currently owned by company insiders.
Unum Group Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, November 20th. Investors of record on Friday, October 30th will be issued a $0.5050 dividend. The ex-dividend date is Friday, October 30th. This represents a $2.02 annualized dividend and a yield of 2.6%. Unum Group’s payout ratio is 143.26%.
Unum Group declared that its Board of Directors has initiated a stock repurchase program on Wednesday, August 26th that permits the company to repurchase $1 billion in outstanding shares. This repurchase authorization permits the financial services provider to repurchase up to 7% of its stock through open market purchases. Share repurchase programs are generally a sign that the company’s board believes its stock is undervalued.
Unum Group Company Profile
Unum Group is an insurance holding company that provides employee benefits and related services, primarily to employers and their workers. Its offerings include group disability and life insurance, accident and critical illness coverage, and services that help employers manage employee leave and workplace absence. Through its Unum and Colonial Life businesses, the company also provides voluntary benefits that employees can elect through their workplaces. In the United Kingdom, Unum offers workplace benefits including income protection, life insurance and critical illness coverage.
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