Q1 Earnings Forecast for Unum Group Issued By Zacks Research

Unum Group (NYSE:UNM) – Stock analysts at Zacks Research lowered their Q1 2028 earnings per share estimates for Unum Group in a research note issued to investors on Tuesday, April 7th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings of $2.70 per share for the quarter, down from their previous forecast of $2.74. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Unum Group’s current full-year earnings is $9.14 per share. Zacks Research also issued estimates for Unum Group’s FY2028 earnings at $10.59 EPS.

UNM has been the topic of several other reports. Keefe, Bruyette & Woods reissued a “moderate buy” rating and issued a $95.00 target price on shares of Unum Group in a report on Thursday, March 26th. Weiss Ratings downgraded Unum Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, March 27th. Citigroup reissued a “market perform” rating on shares of Unum Group in a report on Thursday, December 18th. Jefferies Financial Group reissued a “buy” rating and issued a $115.00 target price on shares of Unum Group in a report on Monday, January 5th. Finally, Wells Fargo & Company dropped their target price on Unum Group from $104.00 to $102.00 and set an “overweight” rating on the stock in a report on Wednesday, February 25th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $94.80.

Unum Group Trading Down 1.3%

NYSE UNM opened at $76.57 on Thursday. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.34. Unum Group has a twelve month low of $68.28 and a twelve month high of $83.13. The firm has a market capitalization of $12.54 billion, a PE ratio of 18.02, a P/E/G ratio of 1.69 and a beta of 0.19. The stock’s 50 day moving average is $73.53 and its 200 day moving average is $75.66.

Unum Group (NYSE:UNM) last released its quarterly earnings results on Thursday, February 5th. The financial services provider reported $1.92 earnings per share for the quarter, missing the consensus estimate of $2.11 by ($0.19). Unum Group had a net margin of 5.65% and a return on equity of 12.62%. The firm had revenue of $3.25 billion for the quarter, compared to the consensus estimate of $3.29 billion. During the same quarter in the prior year, the firm earned $2.03 earnings per share. The company’s revenue for the quarter was up .2% compared to the same quarter last year. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Nalls Sherbakoff Group LLC purchased a new position in shares of Unum Group in the fourth quarter worth $39,000. Corient Private Wealth LLC raised its stake in shares of Unum Group by 7.1% in the fourth quarter. Corient Private Wealth LLC now owns 140,209 shares of the financial services provider’s stock worth $10,867,000 after purchasing an additional 9,252 shares during the last quarter. SHP Wealth Management purchased a new position in shares of Unum Group in the fourth quarter worth $25,000. Kera Capital Partners Inc. purchased a new position in shares of Unum Group in the fourth quarter worth $463,000. Finally, Mercer Global Advisors Inc. ADV raised its stake in shares of Unum Group by 88.0% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 540,144 shares of the financial services provider’s stock worth $42,067,000 after purchasing an additional 252,870 shares during the last quarter. Hedge funds and other institutional investors own 86.57% of the company’s stock.

Insider Buying and Selling

In other news, Director Cynthia Egan sold 9,000 shares of the business’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $73.00, for a total value of $657,000.00. Following the completion of the transaction, the director owned 42,846 shares in the company, valued at $3,127,758. The trade was a 17.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Lisa G. Iglesias sold 3,500 shares of the business’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $73.00, for a total value of $255,500.00. Following the completion of the transaction, the executive vice president owned 29,453 shares of the company’s stock, valued at $2,150,069. This represents a 10.62% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 21,852 shares of company stock valued at $1,590,734. 0.92% of the stock is owned by insiders.

Unum Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, April 24th will be issued a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Friday, April 24th. Unum Group’s payout ratio is 43.29%.

Unum Group News Roundup

Here are the key news stories impacting Unum Group this week:

• Positive Sentiment: Board declared a quarterly dividend of $0.46 per share (record date Apr 24; payable May 15), supporting income investors and signaling confidence in cash flow. (Yield ~2.4%).
• Positive Sentiment: UBS raised its price target on UNM from $81 to $85 (keeps a “Neutral” rating), implying ~11% upside from current levels — a modest analyst vote of confidence that may limit downside. UBS raises price target (Benzinga)
• Positive Sentiment: Zacks upgraded Unum from “Strong Sell” to “Hold,” which reduces near-term sell-side pessimism and could attract buyers who avoid stocks rated below Hold. Zacks upgrade (Zacks.com)
• Negative Sentiment: Zacks issued a series of downward EPS revisions across quarters and fiscal years (cuts to Q1–Q4 2026 estimates, FY2026; reductions to FY2027 and FY2028 forecasts), and trimmed Q1 2028 and FY2028 estimates — signaling weaker near-term earnings momentum and pressuring valuation. Zacks cuts estimates (MarketBeat)

Unum Group Company Profile

Unum Group (NYSE: UNM) is a leading provider of employee benefits in the United States and selected international markets, specializing in disability, life, accident and critical illness insurance. Through both fully insured and self-funded arrangements, the company offers group coverage designed to protect income and mitigate financial hardship for employees and their families. Its portfolio includes short-term and long-term disability plans, group life and accidental death & dismemberment (AD&D) policies, as well as critical illness and hospital indemnity products.

In addition to its core product lines, Unum Group markets voluntary benefits under its Colonial Life brand, allowing employees to purchase supplemental insurance such as accident, cancer, and dental coverage directly through payroll deductions.