Q1 Earnings Estimate for Unum Group Issued By Zacks Research

Unum Group (NYSE:UNM) – Equities research analysts at Zacks Research decreased their Q1 2027 earnings per share (EPS) estimates for Unum Group in a note issued to investors on Monday, July 13th. Zacks Research analyst Team now anticipates that the financial services provider will post earnings of $2.26 per share for the quarter, down from their previous forecast of $2.27. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Unum Group’s current full-year earnings is $8.76 per share. Zacks Research also issued estimates for Unum Group’s FY2027 earnings at $9.54 EPS and Q1 2028 earnings at $2.55 EPS.

Unum Group (NYSE:UNM) last posted its earnings results on Tuesday, April 28th. The financial services provider reported $2.14 earnings per share for the quarter, beating analysts’ consensus estimates of $2.07 by $0.07. The company had revenue of $3.36 billion for the quarter, compared to the consensus estimate of $2.91 billion. Unum Group had a return on equity of 12.60% and a net margin of 5.86%.Unum Group’s revenue was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.04 earnings per share. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS.

UNM has been the subject of a number of other research reports. Truist Financial upped their price target on Unum Group from $88.00 to $96.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Bank of America decreased 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. Barclays increased their price objective on shares of Unum Group from $105.00 to $110.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Morgan Stanley upped their target price on shares of Unum Group from $80.00 to $87.00 and gave the stock an “equal weight” rating in a report on Thursday, May 21st. Finally, Evercore restated an “outperform” rating and issued a $106.00 price objective on shares of Unum Group in a research report on Tuesday, July 7th. Eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $98.09.

Unum Group Stock Up 2.1%

Shares of UNM stock opened at $89.37 on Tuesday. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.35. Unum Group has a 12 month low of $68.28 and a 12 month high of $93.21. The stock has a market cap of $14.28 billion, a P/E ratio of 19.43, a P/E/G ratio of 0.89 and a beta of 0.25. The company has a 50 day simple moving average of $86.57 and a two-hundred day simple moving average of $79.45.

Institutional Investors Weigh In On Unum Group

Several institutional investors have recently modified their holdings of the stock. Norges Bank purchased a new stake in Unum Group in the 4th quarter worth about $1,108,919,000. Zurich Insurance Group Ltd FI purchased a new position in Unum Group during the 4th quarter worth $58,860,000. Alyeska Investment Group L.P. raised its position in Unum Group by 365.3% during the 4th quarter. Alyeska Investment Group L.P. now owns 930,534 shares of the financial services provider’s stock valued at $72,116,000 after purchasing an additional 730,534 shares in the last quarter. AQR Capital Management LLC grew its position in shares of Unum Group by 35.1% during the 3rd quarter. AQR Capital Management LLC now owns 2,339,289 shares of the financial services provider’s stock worth $181,622,000 after buying an additional 607,684 shares in the last quarter. Finally, Two Sigma Investments LP increased its stake in shares of Unum Group by 127.3% during the third quarter. Two Sigma Investments LP now owns 864,485 shares of the financial services provider’s stock valued at $67,240,000 after buying an additional 484,107 shares during the period. 86.57% of the stock is owned by institutional investors.

Insider Activity

In other news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $80.14, for a total transaction of $961,680.00. Following the sale, the executive vice president directly owned 42,587 shares of the company’s stock, valued at $3,412,922.18. This represents a 21.98% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.00% of the stock is owned by company insiders.

Unum Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, July 24th will be paid a $0.505 dividend. This represents a $2.02 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Friday, July 24th. This is a positive change from Unum Group’s previous quarterly dividend of $0.46. Unum Group’s dividend payout ratio is presently 40.00%.

About Unum Group

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.