Shares of Unum Group (NYSE:UNM – Get Free Report) have received a consensus rating of “Moderate Buy” from the fourteen analysts that are covering the stock, Marketbeat.com reports. Seven analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $92.9091.
UNM has been the topic of several research analyst reports. Keefe, Bruyette & Woods reaffirmed a “moderate buy” rating and issued a $95.00 price target on shares of Unum Group in a research report on Thursday, March 26th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $115.00 price target on shares of Unum Group in a research report on Monday, January 5th. Weiss Ratings downgraded Unum Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, March 27th. JPMorgan Chase & Co. lowered their price target on Unum Group from $92.00 to $90.00 and set a “neutral” rating on the stock in a research report on Friday, February 6th. Finally, Evercore set a $103.00 price target on Unum Group in a research report on Friday, February 6th.
View Our Latest Stock Analysis on UNM
Unum Group Trading Down 0.1%
Unum Group (NYSE:UNM – Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The financial services provider reported $1.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.11 by ($0.19). The business had revenue of $3.25 billion during the quarter, compared to analyst estimates of $3.29 billion. Unum Group had a net margin of 5.65% and a return on equity of 12.62%. The company’s revenue for the quarter was up .2% compared to the same quarter last year. During the same period in the prior year, the business posted $2.03 earnings per share. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. Equities research analysts predict that Unum Group will post 8.74 earnings per share for the current year.
Unum Group Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, April 24th will be paid a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Friday, April 24th. Unum Group’s dividend payout ratio (DPR) is presently 43.29%.
Insider Activity at Unum Group
In related news, Director Timothy F. Keaney sold 4,500 shares of the stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $72.58, for a total value of $326,610.00. Following the completion of the sale, the director owned 38,592 shares in the company, valued at approximately $2,801,007.36. This trade represents a 10.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Lisa G. Iglesias sold 3,500 shares of the stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $73.00, for a total transaction of $255,500.00. Following the completion of the sale, the executive vice president owned 29,453 shares of the company’s stock, valued at approximately $2,150,069. The trade was a 10.62% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 21,852 shares of company stock worth $1,590,734 in the last three months. Corporate insiders own 1.00% of the company’s stock.
Institutional Investors Weigh In On Unum Group
Hedge funds have recently made changes to their positions in the stock. Laurel Wealth Advisors LLC bought a new stake in shares of Unum Group in the fourth quarter valued at about $25,000. SHP Wealth Management bought a new position in Unum Group during the fourth quarter worth about $25,000. MBM Wealth Consultants LLC bought a new position in Unum Group during the first quarter worth about $29,000. Triumph Capital Management bought a new position in Unum Group during the third quarter worth about $31,000. Finally, Ancora Advisors LLC lifted its stake in Unum Group by 385.2% during the third quarter. Ancora Advisors LLC now owns 427 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 339 shares during the period. Institutional investors own 86.57% of the company’s stock.
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.
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