Unum Group (NYSE:UNM) Updates FY 2025 Earnings Guidance

Key Points

• Unum Group (NYSE:UNM) updated its FY 2025 earnings guidance, projecting earnings per share of $8.50, which falls short of the consensus estimate of $8.91.
• The company recently announced an increase in its quarterly dividend to $0.46 per share, reflecting a boost from the previous dividend of $0.42.
• Currently, Unum Group has a consensus rating of "Moderate Buy" from analysts, with a consensus target price of $91.77.

Unum Group (NYSE:UNM - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 8.500-8.50 for the period, compared to the consensus earnings per share estimate of 8.912. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on UNM. Keefe, Bruyette & Woods lowered their target price on Unum Group from $103.00 to $102.00 and set an "outperform" rating for the company in a research note on Wednesday, April 9th. Piper Sandler upped their price target on Unum Group from $88.00 to $92.00 and gave the stock an "overweight" rating in a research report on Thursday, July 3rd. Barclays set a $96.00 price target on Unum Group and gave the stock an "overweight" rating in a research report on Monday, July 7th. UBS Group set a $89.00 price target on Unum Group and gave the stock a "neutral" rating in a research report on Friday, May 23rd. Finally, Morgan Stanley upped their price target on Unum Group from $83.00 to $85.00 and gave the stock an "equal weight" rating in a research report on Monday, July 14th. Five equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $91.77.

Unum Group Price Performance

Shares of NYSE UNM traded up $0.73 during mid-day trading on Tuesday, reaching $80.81. The company had a trading volume of 1,487,630 shares, compared to its average volume of 1,379,975. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.30 and a current ratio of 0.30. Unum Group has a one year low of $51.80 and a one year high of $84.48. The firm has a market cap of $14.09 billion, a price-to-earnings ratio of 9.52, a PEG ratio of 1.27 and a beta of 0.41. The business's 50-day simple moving average is $80.27 and its 200 day simple moving average is $78.53.

Unum Group (NYSE:UNM - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The financial services provider reported $2.07 EPS for the quarter, missing analysts' consensus estimates of $2.25 by ($0.18). Unum Group had a net margin of 12.31% and a return on equity of 14.17%. On average, research analysts predict that Unum Group will post 9.14 earnings per share for the current fiscal year.

Unum Group Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 15th. Stockholders of record on Friday, July 25th will be given a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.28%. The ex-dividend date is Friday, July 25th. This is a boost from Unum Group's previous quarterly dividend of $0.42. Unum Group's dividend payout ratio is currently 21.67%.

Insiders Place Their Bets

In other Unum Group news, EVP Elizabeth Claire Ahmed sold 10,000 shares of the company's stock in a transaction dated Wednesday, May 7th. The stock was sold at an average price of $80.00, for a total value of $800,000.00. Following the transaction, the executive vice president directly owned 51,170 shares in the company, valued at $4,093,600. This represents a 16.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.93% of the stock is owned by insiders.

Hedge Funds Weigh In On Unum Group

A hedge fund recently bought a new stake in Unum Group stock. Brighton Jones LLC acquired a new stake in shares of Unum Group (NYSE:UNM - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 3,385 shares of the financial services provider's stock, valued at approximately $247,000. Hedge funds and other institutional investors own 86.57% of the company's stock.

About Unum Group

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.

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