Unum Group (NYSE:UNM) – Stock analysts at SunTrust Banks raised their Q3 2019 earnings per share estimates for Unum Group in a report released on Wednesday, February 6th. SunTrust Banks analyst M. Hughes now forecasts that the financial services provider will earn $1.38 per share for the quarter, up from their previous estimate of $1.37. SunTrust Banks also issued estimates for Unum Group’s Q1 2020 earnings at $1.40 EPS, Q2 2020 earnings at $1.46 EPS, Q3 2020 earnings at $1.44 EPS, Q4 2020 earnings at $1.46 EPS and FY2020 earnings at $5.75 EPS.

Unum Group (NYSE:UNM) last posted its quarterly earnings data on Tuesday, February 5th. The financial services provider reported $1.30 earnings per share for the quarter, missing analysts’ consensus estimates of $1.31 by ($0.01). Unum Group had a return on equity of 12.69% and a net margin of 4.51%. The company had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.91 billion. During the same period in the previous year, the business posted $1.13 earnings per share. The firm’s revenue was up 3.3% compared to the same quarter last year.

Several other analysts have also recently commented on the company. JPMorgan Chase & Co. reduced their price target on Unum Group from $50.00 to $45.00 and set a “neutral” rating for the company in a report on Wednesday, January 2nd. Zacks Investment Research cut Unum Group from a “buy” rating to a “hold” rating in a report on Monday, December 31st. Finally, TheStreet cut Unum Group from a “b-” rating to a “c+” rating in a report on Wednesday, October 24th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and three have given a buy rating to the company’s stock. Unum Group has an average rating of “Hold” and a consensus target price of $52.46.

UNM opened at $35.07 on Friday. The company has a quick ratio of 0.18, a current ratio of 0.17 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $7.72 billion, a PE ratio of 6.74, a price-to-earnings-growth ratio of 0.71 and a beta of 1.48. Unum Group has a 12 month low of $26.76 and a 12 month high of $53.10.

Institutional investors and hedge funds have recently bought and sold shares of the company. We Are One Seven LLC purchased a new position in Unum Group in the 4th quarter valued at approximately $29,000. Stratos Wealth Partners LTD. purchased a new position in Unum Group in the 3rd quarter valued at approximately $117,000. Penserra Capital Management LLC increased its stake in Unum Group by 463.9% in the 4th quarter. Penserra Capital Management LLC now owns 3,925 shares of the financial services provider’s stock valued at $115,000 after purchasing an additional 3,229 shares in the last quarter. Csenge Advisory Group purchased a new position in Unum Group in the 3rd quarter valued at approximately $180,000. Finally, Everence Capital Management Inc. purchased a new position in Unum Group in the 3rd quarter valued at approximately $202,000. 89.92% of the stock is owned by institutional investors and hedge funds.

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 15th. Stockholders of record on Monday, January 28th will be issued a $0.26 dividend. The ex-dividend date of this dividend is Friday, January 25th. This represents a $1.04 annualized dividend and a dividend yield of 2.97%. Unum Group’s dividend payout ratio is currently 20.00%.

Unum Group Company Profile

Unum Group, together with its subsidiaries, provides financial protection benefit solutions in the United States, the United Kingdom, and internationally. It operates through Unum US, Unum UK, Colonial Life, and Closed Block segments. 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.

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Earnings History and Estimates for Unum Group (NYSE:UNM)

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