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NYSE:UNM

Unum Group (UNM) Stock Price, News & Analysis

Unum Group logo
$73.05 -0.14 (-0.19%)
(As of 05:27 PM ET)

About Unum Group Stock (NYSE:UNM)

Key Stats

Today's Range
$72.20
$73.36
50-Day Range
$61.67
$77.07
52-Week Range
$44.83
$77.63
Volume
989,728 shs
Average Volume
1.26 million shs
Market Capitalization
$13.34 billion
P/E Ratio
7.91
Dividend Yield
2.30%
Price Target
$72.09
Consensus Rating
Moderate Buy

Company Overview

Unum Group, together with its subsidiaries, provides financial protection benefit solutions primarily in the United States, the United Kingdom, Poland, and internationally. It operates through Unum US, Unum International, Colonial Life, and Closed Block segment. The company offers group long-term and short-term disability, group life, and accidental death and dismemberment products; supplemental and voluntary products, such as individual disability, voluntary benefits, and dental and vision products; and accident, sickness, disability, life, and cancer and critical illness products. It also provides group pension, individual life and corporate-owned life insurance, reinsurance pools and management operations, and other miscellaneous products. The company sells its products primarily to employers for the benefit of employees. It sells its products through field sales personnel, independent brokers, consultants, and independent contractor agent sales force and brokers. Unum Group was founded in 1848 and is based in Chattanooga, Tennessee.

Unum Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
94th Percentile Overall Score

UNM MarketRank™: 

Unum Group scored higher than 94% of companies evaluated by MarketBeat, and ranked 88th out of 948 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Unum Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 8 buy ratings, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Unum Group has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Unum Group's stock forecast and price target.
  • Earnings Growth

    Earnings for Unum Group are expected to grow by 5.74% in the coming year, from $8.54 to $9.03 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Unum Group is 7.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.29.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Unum Group is 7.91, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.97.

  • Price to Earnings Growth Ratio

    Unum Group has a PEG Ratio of 1.06. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Unum Group has a P/B Ratio of 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.42% of the float of Unum Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Unum Group has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Unum Group has recently increased by 6.64%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Unum Group pays a meaningful dividend of 2.31%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Unum Group has been increasing its dividend for 16 years.

  • Dividend Coverage

    The dividend payout ratio of Unum Group is 18.18%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Unum Group will have a dividend payout ratio of 18.60% next year. This indicates that Unum Group will be able to sustain or increase its dividend.

  • Read more about Unum Group's dividend.
  • Percentage of Shares Shorted

    1.42% of the float of Unum Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Unum Group has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Unum Group has recently increased by 6.64%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Unum Group has a news sentiment score of 0.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Unum Group this week, compared to 8 articles on an average week.
  • Search Interest

    11 people have searched for UNM on MarketBeat in the last 30 days. This is an increase of 83% compared to the previous 30 days.
  • MarketBeat Follows

    Only 5 people have added Unum Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -38% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Unum Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $7,998,745.00 in company stock.

  • Percentage Held by Insiders

    Only 0.93% of the stock of Unum Group is held by insiders.

  • Percentage Held by Institutions

    86.57% of the stock of Unum Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Unum Group's insider trading history.
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UNM Stock News Headlines

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Unum Group price target raised to $82 from $74 at Piper Sandler
Unum Group price target raised to $96 from $91 at Jefferies
Jefferies Remains a Buy on Unum Group (UNM)
See More Headlines

UNM Stock Analysis - Frequently Asked Questions

Unum Group's stock was trading at $45.22 at the beginning of the year. Since then, UNM stock has increased by 61.5% and is now trading at $73.05.
View the best growth stocks for 2024 here
.

Unum Group (NYSE:UNM) announced its quarterly earnings results on Tuesday, October, 29th. The financial services provider reported $2.13 earnings per share for the quarter, beating analysts' consensus estimates of $2.10 by $0.03. The business's revenue was up 4.0% on a year-over-year basis.
Read the conference call transcript
.

Unum Group's board approved a stock buyback plan on Tuesday, July 30th 2024, which permits the company to repurchase $1,000,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 10% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board believes its stock is undervalued.

Unum Group subsidiaries include Jaimini Health, Pramerica Życie TUiR SA, LeaveLogic, H&J Capital, National Dental Plan Limited, Paul Revere Corp., AlwaysCare Benefits Inc., and more.

Shares of UNM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Unum Group investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Salesforce (CRM), Arista Networks (ANET), Novo Nordisk A/S (NVO) and Jabil (JBL).

Company Calendar

Ex-Dividend for 11/15 Dividend
10/25/2024
Last Earnings
10/29/2024
Dividend Payable
11/15/2024
Today
12/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Accident & health insurance
Sub-Industry
Life & Health Insurance
CUSIP
91529Y10
CIK
5513
Employees
10,812
Year Founded
1848

Price Target and Rating

Average Stock Price Target
$72.09
High Stock Price Target
$96.00
Low Stock Price Target
$52.00
Potential Upside/Downside
-1.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
12 Analysts

Profitability

Net Income
$1.28 billion
Pretax Margin
17.46%

Debt

Sales & Book Value

Annual Sales
$12.71 billion
Cash Flow
$8.23 per share
Book Value
$49.48 per share

Miscellaneous

Free Float
180,914,000
Market Cap
$13.34 billion
Optionable
Optionable
Beta
0.79

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This page (NYSE:UNM) was last updated on 12/30/2024 by MarketBeat.com Staff
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