Positive News Coverage Somewhat Unlikely to Impact Unum Group (UNM) Stock Price

News articles about Unum Group (NYSE:UNM) have been trending positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Unum Group earned a news sentiment score of 0.47 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 47.0925373664783 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Shares of Unum Group (NYSE:UNM) traded up $0.45 on Thursday, hitting $56.79. 642,139 shares of the stock traded hands, compared to its average volume of 1,173,750. Unum Group has a 1-year low of $42.90 and a 1-year high of $57.49. The stock has a market capitalization of $12,682.47, a P/E ratio of 13.59, a P/E/G ratio of 1.91 and a beta of 1.66. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt-to-equity ratio of 0.29.

Unum Group (NYSE:UNM) last announced its earnings results on Wednesday, October 25th. The financial services provider reported $1.09 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.04 by $0.05. Unum Group had a net margin of 8.67% and a return on equity of 10.37%. The business had revenue of $2.82 billion for the quarter, compared to the consensus estimate of $2.82 billion. During the same quarter in the prior year, the firm posted $1.01 earnings per share. The business’s revenue for the quarter was up 2.0% on a year-over-year basis. sell-side analysts forecast that Unum Group will post 4.23 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, November 17th. Stockholders of record on Monday, October 30th were paid a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 1.62%. The ex-dividend date was Friday, October 27th. Unum Group’s dividend payout ratio is currently 21.60%.

A number of research firms recently issued reports on UNM. SunTrust Banks reaffirmed a “buy” rating and set a $62.00 price target on shares of Unum Group in a research note on Friday, October 27th. B. Riley raised shares of Unum Group from a “sell” rating to a “neutral” rating and upped their price target for the company from $43.00 to $52.00 in a research note on Monday, November 6th. Royal Bank Of Canada reaffirmed a “hold” rating and set a $52.00 price target on shares of Unum Group in a research note on Friday, October 27th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $53.00 price target on shares of Unum Group in a research note on Friday, November 10th. Finally, Wells Fargo & Company set a $48.00 price target on shares of Unum Group and gave the company a “hold” rating in a research note on Wednesday, October 25th. Two analysts have rated the stock with a sell rating, seven have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. Unum Group has an average rating of “Hold” and an average target price of $53.27.

In other news, Director E Michael Caulfield sold 3,814 shares of the stock in a transaction on Monday, October 30th. The shares were sold at an average price of $52.42, for a total value of $199,929.88. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Christopher J. Jerome sold 7,849 shares of the stock in a transaction on Friday, November 17th. The shares were sold at an average price of $53.24, for a total transaction of $417,880.76. The disclosure for this sale can be found here. Corporate insiders own 0.53% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for Unum Group (NYSE:UNM)

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