Q3 Earnings Forecast for Unum Group Issued By Zacks Research

Unum Group (NYSE:UNM) – Stock analysts at Zacks Research reduced their Q3 2026 EPS estimates for shares of Unum Group in a research report issued on Monday, December 29th. Zacks Research analyst Team now expects that the financial services provider will post earnings per share of $2.31 for the quarter, down from their previous estimate of $2.33. 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 Q3 2027 earnings at $2.42 EPS and FY2027 earnings at $10.06 EPS.

A number of other brokerages also recently weighed in on UNM. Weiss Ratings reissued a “buy (b-)” rating on shares of Unum Group in a report on Monday. JPMorgan Chase & Co. dropped their target price on shares of Unum Group from $94.00 to $92.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 4th. Barclays increased their target price on shares of Unum Group from $92.00 to $95.00 and gave the company an “overweight” rating in a research report on Wednesday, October 8th. Citigroup reaffirmed a “market perform” rating on shares of Unum Group in a report on Thursday, December 18th. Finally, Morgan Stanley set a $85.00 price objective on Unum Group in a report on Monday, December 15th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Unum Group presently has an average rating of “Moderate Buy” and a consensus price target of $94.91.

Unum Group Stock Down 0.3%

UNM stock opened at $78.30 on Wednesday. The stock has a market cap of $13.10 billion, a P/E ratio of 15.26, a P/E/G ratio of 1.54 and a beta of 0.20. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.32. The stock’s fifty day simple moving average is $76.36 and its two-hundred day simple moving average is $75.98. Unum Group has a 1-year low of $66.81 and a 1-year high of $84.48.

Unum Group (NYSE:UNM) last released its earnings results on Monday, November 3rd. The financial services provider reported $2.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.15 by ($0.06). The business had revenue of $3.25 billion during the quarter, compared to the consensus estimate of $3.31 billion. Unum Group had a net margin of 6.99% and a return on equity of 13.09%. The business’s revenue was up 5.0% on a year-over-year basis. During the same period in the prior year, the company earned $2.13 earnings per share.

Unum Group declared that its Board of Directors has initiated a stock repurchase plan on Thursday, December 4th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the financial services provider to reacquire up to 8.2% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Unum Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 14th. Stockholders of record on Friday, October 24th were given a $0.46 dividend. The ex-dividend date was Friday, October 24th. This represents a $1.84 annualized dividend and a dividend yield of 2.3%. Unum Group’s payout ratio is 35.87%.

Insider Activity at Unum Group

In other Unum Group news, CAO Walter Lynn Rice, Jr. sold 900 shares of Unum Group stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $73.50, for a total transaction of $66,150.00. Following the completion of the transaction, the chief accounting officer owned 8,940 shares of the company’s stock, valued at $657,090. The trade was a 9.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Steven Andrew Zabel sold 7,500 shares of the company’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $76.38, for a total value of $572,850.00. Following the sale, the executive vice president owned 113,807 shares in the company, valued at approximately $8,692,578.66. This represents a 6.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 12,400 shares of company stock worth $951,160. 0.93% of the stock is owned by company insiders.

Hedge Funds Weigh In On Unum Group

Several hedge funds have recently bought and sold shares of UNM. Klein Pavlis & Peasley Financial Inc. raised its holdings in shares of Unum Group by 42.7% during the second quarter. Klein Pavlis & Peasley Financial Inc. now owns 26,681 shares of the financial services provider’s stock valued at $2,155,000 after acquiring an additional 7,981 shares in the last quarter. BTC Capital Management Inc. boosted its holdings in Unum Group by 5.0% in the second quarter. BTC Capital Management Inc. now owns 71,836 shares of the financial services provider’s stock valued at $5,731,000 after acquiring an additional 3,399 shares in the last quarter. Royal Bank of Canada increased its position in Unum Group by 0.5% during the 1st quarter. Royal Bank of Canada now owns 1,416,124 shares of the financial services provider’s stock valued at $115,358,000 after purchasing an additional 6,648 shares during the period. Strs Ohio bought a new position in Unum Group in the 1st quarter worth $3,221,000. Finally, Voya Investment Management LLC lifted its position in shares of Unum Group by 13.8% in the 1st quarter. Voya Investment Management LLC now owns 293,687 shares of the financial services provider’s stock worth $23,924,000 after purchasing an additional 35,651 shares during the period. Hedge funds and other 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.