Unum Group (NYSE:UNM – Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 8.600-8.90 for the period, compared to the consensus EPS estimate of 8.720. The company issued revenue guidance of -.
Analyst Ratings Changes
Several analysts have issued reports on the stock. Bank of America lowered their target price on shares of Unum Group from $83.00 to $77.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 14th. UBS Group increased their target price on shares of Unum Group from $81.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, April 9th. Keefe, Bruyette & Woods reiterated a “moderate buy” rating and issued a $95.00 target price on shares of Unum Group in a research note on Thursday, March 26th. Morgan Stanley lowered their target price on shares of Unum Group from $85.00 to $80.00 and set an “equal weight” rating on the stock in a research note on Tuesday, March 3rd. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $115.00 target price on shares of Unum Group in a research note on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $93.17.
Check Out Our Latest Stock Report on UNM
Unum Group Price Performance
Unum Group (NYSE:UNM – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The financial services provider reported $2.14 EPS for the quarter, topping analysts’ consensus estimates of $2.07 by $0.07. The firm had revenue of $3.36 billion for the quarter, compared to analyst estimates of $2.98 billion. Unum Group had a net margin of 5.65% and a return on equity of 12.62%. The business’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.04 EPS. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. Equities research analysts forecast that Unum Group will post 8.74 earnings per share for the current year.
Unum Group Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, April 24th will be paid a $0.46 dividend. The ex-dividend date of this dividend is Friday, April 24th. This represents a $1.84 annualized dividend and a yield of 2.3%. Unum Group’s dividend payout ratio is currently 43.29%.
Insider Buying and Selling at Unum Group
In other news, Director Cynthia Egan sold 9,000 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $73.00, for a total value of $657,000.00. Following the completion of the sale, the director owned 42,846 shares of the company’s stock, valued at approximately $3,127,758. This represents a 17.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Christopher W. Pyne sold 4,852 shares of the company’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $72.47, for a total transaction of $351,624.44. Following the completion of the sale, the executive vice president directly owned 52,268 shares of the company’s stock, valued at $3,787,861.96. This trade represents a 8.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 21,852 shares of company stock worth $1,590,734 over the last 90 days. Company insiders own 1.00% of the company’s stock.
Institutional Investors Weigh In On Unum Group
A number of institutional investors have recently made changes to their positions in UNM. Triumph Capital Management purchased a new stake in shares of Unum Group in the 3rd quarter valued at $31,000. Ancora Advisors LLC boosted its stake in shares of Unum Group by 385.2% in the 3rd quarter. Ancora Advisors LLC now owns 427 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 339 shares in the last quarter. Danske Bank A S bought a new stake in Unum Group during the 3rd quarter valued at $47,000. Los Angeles Capital Management LLC bought a new stake in Unum Group during the 4th quarter valued at $53,000. Finally, EverSource Wealth Advisors LLC raised its holdings in Unum Group by 157.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,851 shares of the financial services provider’s stock valued at $149,000 after buying an additional 1,132 shares during the last quarter. 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.
See Also
Receive News & Ratings for Unum Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unum Group and related companies with MarketBeat.com's FREE daily email newsletter.
