Unum Group (UNM) Stock Price, News & Analysis

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Unum Group in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" UNM shares.
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7 Wall Street research analysts have issued twelve-month price objectives for Unum Group's shares. Their UNM share price targets range from $52.00 to $66.00. On average, they predict the company's share price to reach $56.38 in the next year. This suggests a possible upside of 11.4% from the stock's current price.
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Unum Group's stock was trading at $45.22 at the start of the year. Since then, UNM shares have increased by 11.9% and is now trading at $50.60.
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Unum Group saw a increase in short interest in March. As of March 15th, there was short interest totaling 4,480,000 shares, an increase of 89.8% from the February 29th total of 2,360,000 shares. Based on an average daily volume of 1,430,000 shares, the days-to-cover ratio is currently 3.1 days. Currently, 2.4% of the shares of the stock are sold short.
View Unum Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our UNM earnings forecast.

Unum Group will be holding an earnings conference call on Wednesday, May 1st at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 609-800-9909 with passcode "5666159".

Unum Group (NYSE:UNM) announced its quarterly earnings results on Tuesday, January, 30th. The financial services provider reported $1.79 EPS for the quarter, missing analysts' consensus estimates of $1.86 by $0.07. The financial services provider earned $3.15 billion during the quarter, compared to the consensus estimate of $3.14 billion. Unum Group had a trailing twelve-month return on equity of 16.03% and a net margin of 10.36%. Unum Group's revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.43 earnings per share.
Read the conference call transcript.

Unum Group declared a quarterly dividend on Friday, April 12th. Investors of record on Friday, April 26th will be paid a dividend of $0.365 per share on Friday, May 17th. This represents a $1.46 dividend on an annualized basis and a yield of 2.89%. The ex-dividend date of this dividend is Thursday, April 25th.
Read our dividend analysis for UNM.

Unum Group (NYSE:UNM) pays an annual dividend of $1.46 per share and currently has a dividend yield of 2.90%. The company has been increasing its dividend for 15 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 22.50%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UNM will have a dividend payout ratio of 16.65% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for UNM.

ETFs with the largest weight of Unum Group (NYSE:UNM) stock in their portfolio include Alpha Dog ETF (RUFF), iShares Focused Value Factor ETF (FOVL), SPDR S&P Insurance ETF (KIE), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), WBI BullBear Value 3000 ETF (WBIF), Invesco S&P MidCap Value with Momentum ETF (XMVM), First Trust Financial AlphaDEX Fund (FXO) and Invesco S&P MidCap 400 Pure Value ETF (RFV).

Unum Group announced that its board has initiated a share repurchase program on Tuesday, October 31st 2023, which authorizes the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 5.2% of its shares through open market purchases. Shares buyback programs are often an indication that the company's management believes its stock is undervalued.

Unum Group issued an update on its FY 2024 earnings guidance on Tuesday, January, 30th. The company provided earnings per share (EPS) guidance of 8.200-8.350 for the period, compared to the consensus earnings per share estimate of 7.820. The company issued revenue guidance of -.

37 employees have rated Unum Group Chief Executive Officer Rick McKenney on Glassdoor.com. Rick McKenney has an approval rating of 72% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Unum Group investors own include AT&T (T), AbbVie (ABBV), Pfizer (PFE), Verizon Communications (VZ), Enterprise Products Partners (EPD), JPMorgan Chase & Co. (JPM), International Business Machines (IBM), Altria Group (MO), Cisco Systems (CSCO) and Iron Mountain (IRM).

Unum Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Portman Square Capital LLP (0.00%), Gateway Investment Advisers LLC (0.13%), D. Scott Neal Inc. (0.12%), Artemis Investment Management LLP (0.08%), Hennessy Advisors Inc. (0.06%) and BTC Capital Management Inc. (0.05%). Insiders that own company stock include Cherie Pashley, Christopher W Pyne, Christopher W Pyne, Elizabeth Claire Ahmed, Gloria C Larson, Lisa G Iglesias, Michael Q Simonds, Puneet Bhasin, Richard P Mckenney, Richard P Mckenney, Steven Andrew Zabel, Timothy Gerald Arnold and Walter Lynn Rice Jr.
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Shares of UNM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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