Unum Group (NYSE:UNM) Receives Average Rating of “Moderate Buy” from Brokerages

Unum Group (NYSE:UNM) has earned a consensus rating of “Moderate Buy” from the fifteen analysts that are presently covering the stock, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $93.8333.

UNM has been the topic of several research analyst reports. Keefe, Bruyette & Woods restated a “moderate buy” rating and set a $95.00 target price on shares of Unum Group in a research note on Thursday, March 26th. 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. Truist Financial upped their target price on shares of Unum Group from $88.00 to $96.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Wells Fargo & Company upped their target price on shares of Unum Group from $99.00 to $100.00 and gave the company an “overweight” rating in a research note on Tuesday, May 5th. Finally, UBS Group upped their target price on shares of Unum Group from $81.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, April 9th.

Insider Transactions at Unum Group

In other Unum Group news, EVP Elizabeth Claire Ahmed sold 12,000 shares of the company’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $80.14, for a total transaction of $961,680.00. Following the transaction, the executive vice president owned 42,587 shares in the company, valued at approximately $3,412,922.18. This represents a 21.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On Unum Group

Institutional investors have recently made changes to their positions in the business. Laurel Wealth Advisors LLC bought a new position in shares of Unum Group in the 4th quarter worth approximately $25,000. SHP Wealth Management bought a new position in shares of Unum Group in the 4th quarter worth approximately $25,000. MBM Wealth Consultants LLC bought a new position in shares of Unum Group in the 1st quarter worth approximately $29,000. Triumph Capital Management bought a new position in shares of Unum Group in the 3rd quarter worth approximately $31,000. Finally, Ancora Advisors LLC lifted 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 worth $33,000 after purchasing an additional 339 shares during the period. Institutional investors own 86.57% of the company’s stock.

Unum Group Stock Performance

Shares of UNM stock opened at $91.65 on Tuesday. Unum Group has a one year low of $68.28 and a one year high of $93.22. The company’s 50-day moving average is $81.69 and its 200 day moving average is $77.50. The company has a market capitalization of $14.64 billion, a price-to-earnings ratio of 19.92, a price-to-earnings-growth ratio of 0.94 and a beta of 0.24. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.35 and a current ratio of 0.35.

Unum Group (NYSE:UNM) last announced its quarterly earnings data on Tuesday, April 28th. The financial services provider reported $2.14 EPS for the quarter, beating the consensus estimate 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 net margin of 5.86% and a return on equity of 12.60%. Unum Group’s revenue for the quarter was up 8.5% on a year-over-year basis. During the same period in the prior year, the firm posted $2.04 EPS. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. Sell-side analysts expect that Unum Group will post 8.76 EPS for the current fiscal year.

Unum Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, April 24th were paid a dividend of $0.46 per share. The ex-dividend date was Friday, April 24th. This represents a $1.84 annualized dividend and a yield of 2.0%. Unum Group’s dividend payout ratio is currently 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.