Unum Group Stock Price, Forecast & Analysis (NYSE:UNM)

Unum Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "UNM."

Unum Group announced a quarterly dividend on Tuesday, October 15th. Investors of record on Monday, October 28th will be given a dividend of $0.285 per share on Friday, November 15th. This represents a $1.14 annualized dividend and a yield of 3.90%. The ex-dividend date of this dividend is Friday, October 25th. View Unum Group's Dividend History.

Unum Group declared that its board has approved a share buyback plan on Thursday, May 24th 2018, which permits the company to repurchase $750,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 8.7% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board believes its stock is undervalued.

Unum Group (NYSE:UNM) posted its quarterly earnings results on Tuesday, October, 29th. The financial services provider reported $1.36 earnings per share for the quarter, missing the consensus estimate of $1.37 by $0.01. The financial services provider had revenue of $2.96 billion for the quarter, compared to analysts' expectations of $3.02 billion. Unum Group had a return on equity of 12.31% and a net margin of 8.89%. The company's revenue for the quarter was up 1.1% compared to the same quarter last year. During the same period in the previous year, the company earned $1.37 earnings per share. View Unum Group's Earnings History.

Unum Group is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Unum Group.

5 brokers have issued 12-month price targets for Unum Group's stock. Their forecasts range from $32.00 to $45.00. On average, they expect Unum Group's stock price to reach $37.50 in the next twelve months. This suggests a possible upside of 28.2% from the stock's current price. View Analyst Price Targets for Unum Group.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Unum Group in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Unum Group.

Press coverage about UNM stock has been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Unum Group earned a coverage optimism score of 2.0 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Unum Group.

Unum Group saw a decline in short interest in October. As of October 15th, there was short interest totalling 5,780,000 shares, a decline of 12.7% from the September 15th total of 6,620,000 shares. Based on an average daily volume of 1,960,000 shares, the days-to-cover ratio is currently 2.9 days. Currently, 2.8% of the company's stock are sold short. View Unum Group's Current Options Chain.

Some companies that are related to Unum Group include Metlife (MET), AFLAC (AFL), Prudential Financial (PRU), Principal Financial Group (PFG), Lincoln National (LNC), Primerica (PRI), CNO Financial Group (CNO), American Equity Investment Life (AEL), FBL Financial Group (FFG), National Western Life Group (NWLI), Independence (IHC), Citizens (CIA), Health Insurance Innovations (HIIQ) and Kansas City Life Insurance (KCLI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Unum Group investors own include AFLAC (AFL), Ford Motor (F), Intel (INTC), Gilead Sciences (GILD), AbbVie (ABBV), Verizon Communications (VZ), Cisco Systems (CSCO), Netflix (NFLX), Symantec (SYMC) and Caterpillar (CAT).

Unum Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Donald Smith & CO. Inc. (2.81%), Robeco Institutional Asset Management B.V. (0.54%), Wedge Capital Management L L P NC (0.48%), Sumitomo Mitsui Trust Holdings Inc. (0.48%), Grace & White Inc. NY (0.29%) and California Public Employees Retirement System (0.29%). Company insiders that own Unum Group stock include Breege A Farrell, Christopher J Jerome, Daniel Jason Waxenberg, Gloria C Larson, John F Mcgarry, Lisa G Iglesias, Michael Q Simonds and Timothy Gerald Arnold. View Institutional Ownership Trends for Unum Group.

UNM stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, Envestnet Asset Management Inc., James Investment Research Inc., Patten & Patten Inc. TN, SG Americas Securities LLC, Oppenheimer & Co. Inc., Foundry Partners LLC and Nisa Investment Advisors LLC. View Insider Buying and Selling for Unum Group.

UNM stock was bought by a variety of institutional investors in the last quarter, including Donald Smith & CO. Inc., First Trust Advisors LP, State of New Jersey Common Pension Fund D, Robeco Institutional Asset Management B.V., Wedge Capital Management L L P NC, Virginia Retirement Systems ET AL, Sumitomo Mitsui Trust Holdings Inc. and Meritage Portfolio Management. View Insider Buying and Selling for Unum Group.

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

One share of UNM stock can currently be purchased for approximately $29.24.

Unum Group has a market capitalization of $6.03 billion and generates $11.60 billion in revenue each year. The financial services provider earns $523.40 million in net income (profit) each year or $5.20 on an earnings per share basis. Unum Group employs 9,600 workers across the globe.View Additional Information About Unum Group.

The official website for Unum Group is http://www.unum.com/.

Unum Group's mailing address is 1 FOUNTAIN SQUARE, CHATTANOOGA TN, 37402. The financial services provider can be reached via phone at 423-294-1011 or via email at [email protected]