Q1 Earnings Estimate for Unum Group Issued By Zacks Research

Key Points

• Zacks Research lowered Unum Group’s Q1 2027 EPS estimate to $2.15 from $2.17, while projecting $9.33 EPS for FY2027 and $10.13 for FY2028.
• Analyst sentiment remains favorable, with eight Buy ratings and six Holds producing a “Moderate Buy” consensus and an average price target of $99.33.
• Unum authorized a $1 billion stock-repurchase program, allowing it to buy back up to 7% of outstanding shares; the stock recently traded at $92.54, near its 12-month high of $96.77.

Unum Group (NYSE:UNM - Free Report) - Zacks Research dropped their Q1 2027 earnings per share estimates for shares of Unum Group in a note issued to investors on Thursday, October 8th. Zacks Research analyst Team now anticipates that the financial services provider will post earnings of $2.15 per share for the quarter, down from their prior estimate of $2.17. The consensus estimate for Unum Group's current full-year earnings is $8.64 per share. Zacks Research also issued estimates for Unum Group's Q2 2027 earnings at $2.30 EPS, FY2027 earnings at $9.33 EPS, Q1 2028 earnings at $2.46 EPS, Q2 2028 earnings at $2.51 EPS and FY2028 earnings at $10.13 EPS.

A number of other research analysts have also weighed in on the stock. Weiss Ratings upgraded shares of Unum Group from a "buy (b-)" rating to a "buy (b)" rating in a research note on Tuesday, July 28th. Wolfe Research dropped their target price on Unum Group from $102.00 to $100.00 and set an "outperform" rating on the stock in a research report on Monday, July 6th. Wells Fargo & Company raised their price target on Unum Group from $100.00 to $101.00 and gave the stock an "overweight" rating in a report on Thursday, July 9th. Keefe, Bruyette & Woods decreased their price objective on Unum Group from $110.00 to $108.00 and set an "outperform" rating on the stock in a research note on Thursday, July 30th. Finally, Atlantic Securities set a $88.00 target price on Unum Group in a research note on Wednesday, July 15th. Eight investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, Unum Group has a consensus rating of "Moderate Buy" and a consensus target price of $99.33.

Unum Group Stock Performance

NYSE UNM opened at $92.54 on Friday. The firm has a market cap of $14.65 billion, a P/E ratio of 21.57, a price-to-earnings-growth ratio of 0.99 and a beta of 0.25. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.35. The company's 50 day moving average is $91.78 and its 200-day moving average is $86.44. Unum Group has a 12-month low of $69.02 and a 12-month high of $96.77.

Unum Group (NYSE:UNM - Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The financial services provider reported $2.16 EPS for the quarter, meeting the consensus estimate of $2.16. The business had revenue of $3.39 billion for the quarter, compared to the consensus estimate of $2.90 billion. Unum Group had a net margin of 5.26% and a return on equity of 12.60%. The company's revenue was up .3% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.92 earnings per share. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS.

Unum Group announced that its board has initiated a stock repurchase plan on Wednesday, August 26th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the financial services provider to repurchase up to 7% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its stock is undervalued.

Insiders Place Their Bets

In other Unum Group news, CAO Lynn Jr sold 2,188 shares of Unum Group stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $94.31, for a total transaction of $206,350.28. Following the completion of the sale, the chief accounting officer owned 8,154 shares of the company's stock, valued at $769,003.74. The trade was a 21.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Lisa Iglesias sold 4,000 shares of the company's stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $94.44, for a total value of $377,760.00. Following the completion of the transaction, the executive vice president owned 25,453 shares of the company's stock, valued at $2,403,781.32. The trade was a 13.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 10,488 shares of company stock valued at $988,396 over the last 90 days. Insiders own 1.00% of the company's stock.

Institutional Trading of Unum Group

Several hedge funds and other institutional investors have recently bought and sold shares of the company. SHP Wealth Management bought a new stake 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 during the 1st quarter valued at $29,000. CX Institutional raised its position in Unum Group by 57.8% in the 3rd quarter. CX Institutional now owns 352 shares of the financial services provider's stock worth $31,000 after purchasing an additional 129 shares during the period. Nalls Sherbakoff Group LLC purchased a new position in Unum Group in the 4th quarter worth $39,000. Finally, Ancora Advisors LLC bought a new stake in Unum Group in the second quarter worth $39,000. Hedge funds and other institutional investors own 86.57% of the company's stock.

About Unum Group

Unum Group is an insurance company that provides employee benefits and related financial protection products to individuals, employers and their workforces. Its offerings include disability insurance, group and individual life insurance, accidental death and dismemberment coverage, long-term care insurance, and supplemental health benefits.

The company serves employers through workplace benefits programs, including absence-management and leave-administration services. Through its Colonial Life business, Unum also offers voluntary benefits such as accident, critical illness, hospital indemnity and dental insurance, which employees may obtain through the workplace.

Unum Group traces its history to 1848, when Union Mutual Life Insurance Company was established in Maine.

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