Unum Group (UNM) Getting Favorable Media Coverage, Analysis Finds
Press coverage about Unum Group (NYSE:UNM) has been trending positive recently, Accern Sentiment reports. The research group ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Unum Group earned a media sentiment score of 0.32 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 45.8580879009712 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:
- Cardiovascular issues remain leading cause of Unum disability and critical illness claims (finance.yahoo.com)
- Insider Selling: Unum Group (UNM) EVP Sells 5,000 Shares of Stock (americanbankingnews.com)
- Q1 2018 Earnings Estimate for Unum Group (UNM) Issued By Langen Mcalenn (americanbankingnews.com)
- Unum Group (UNM) to Post Q1 2018 Earnings of $1.24 Per Share, SunTrust Banks Forecasts (americanbankingnews.com)
- Unum Group (UNM) Given Consensus Recommendation of “Hold” by Analysts (americanbankingnews.com)
UNM has been the subject of several recent research reports. SunTrust Banks reissued a “buy” rating and set a $62.00 price objective on shares of Unum Group in a report on Friday, October 27th. Zacks Investment Research raised Unum Group from a “hold” rating to a “buy” rating and set a $63.00 price objective for the company in a report on Friday, January 12th. Deutsche Bank initiated coverage on Unum Group in a report on Tuesday, January 2nd. They set a “hold” rating and a $58.00 price objective for the company. Wells Fargo & Co set a $48.00 price objective on Unum Group and gave the stock a “hold” rating in a report on Wednesday, October 25th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $53.00 price objective on shares of Unum Group in a report on Friday, November 10th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $56.18.
Unum Group (NYSE:UNM) last posted its earnings results on Wednesday, January 31st. The financial services provider reported $1.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.08 by $0.05. The company had revenue of $2.84 billion during the quarter, compared to analyst estimates of $2.84 billion. Unum Group had a return on equity of 10.43% and a net margin of 8.81%. The company’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.99 EPS. equities research analysts predict that Unum Group will post 5.17 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, February 16th. Stockholders of record on Monday, January 29th will be given a dividend of $0.23 per share. The ex-dividend date of this dividend is Friday, January 26th. This represents a $0.92 annualized dividend and a dividend yield of 1.87%. Unum Group’s payout ratio is currently 21.00%.
In other news, EVP Christopher J. Jerome sold 7,849 shares of the business’s stock in a transaction dated Friday, November 17th. The stock was sold at an average price of $53.24, for a total transaction of $417,880.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO John F. Mcgarry sold 4,588 shares of the business’s stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $58.19, for a total value of $266,975.72. The disclosure for this sale can be found here. Insiders have sold a total of 26,896 shares of company stock valued at $1,464,183 over the last 90 days. Corporate insiders own 0.53% of the company’s stock.
About Unum Group
Unum Group is a provider of financial protection benefits in the United States and the United Kingdom. The Company’s products include disability, life, accident, critical illness, dental and vision, and other related services. Its segments include Unum US, Unum UK, Colonial Life, Closed Block and Corporate.
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