NYSE:UNM - Unum Group Stock Price, Price Target & More

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$38.24 +0.07 (+0.18 %)
(As of 07/19/2018 01:48 AM ET)
Previous Close$38.17
Today's Range$37.78 - $38.36
52-Week Range$36.15 - $58.73
Volume1.46 million shs
Average Volume1.87 million shs
Market Capitalization$8.44 billion
P/E Ratio8.92
Dividend Yield2.41%
Beta1.43
Unum Group logoUnum Group, together with its subsidiaries, provides financial protection benefit solutions in the United States, the United Kingdom, and internationally. It operates through Unum US, Unum UK, Colonial Life, and Closed Block segments. 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 products. The company sells its products primarily to employers for the benefit of employees. Unum Group sells its products through field sales personnel, independent brokers, and consultants, as well as independent contractor agency sales force. The company was founded in 1848 and is based in Chattanooga, Tennessee.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Accident & health insurance
Sub-IndustryLife & Health Insurance
SectorFinance
SymbolNYSE:UNM
CUSIP91529Y10
Phone423-294-1011

Debt

Debt-to-Equity Ratio0.29
Current Ratio0.17
Quick Ratio0.17

Price-To-Earnings

Trailing P/E Ratio8.92
Forward P/E Ratio7.50
P/E Growth0.83

Sales & Book Value

Annual Sales$11.29 billion
Price / Sales0.75
Cash Flow$4.8222 per share
Price / Cash7.93
Book Value$42.67 per share
Price / Book0.90

Profitability

EPS (Most Recent Fiscal Year)$4.29
Net Income$994.20 million
Net Margins9.12%
Return on Equity10.73%
Return on Assets1.60%

Miscellaneous

Employees9,400
Outstanding Shares221,200,000
Market Cap$8,436.36

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Unum Group (NYSE:UNM) Frequently Asked Questions

What is Unum Group's stock symbol?

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

How often does Unum Group pay dividends? What is the dividend yield for Unum Group?

Unum Group announced a quarterly dividend on Monday, July 16th. Shareholders of record on Monday, July 30th will be paid a dividend of $0.26 per share on Friday, August 17th. This represents a $1.04 dividend on an annualized basis and a yield of 2.72%. The ex-dividend date of this dividend is Friday, July 27th. This is an increase from Unum Group's previous quarterly dividend of $0.23. View Unum Group's Dividend History.

How will Unum Group's stock buyback program work?

Unum Group declared that its board has authorized a stock buyback program on Thursday, May 24th 2018, which allows the company to repurchase $750,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 8.7% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.

How were Unum Group's earnings last quarter?

Unum Group (NYSE:UNM) posted its quarterly earnings data on Tuesday, May, 1st. The financial services provider reported $1.24 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.25 by $0.01. The financial services provider earned $2.90 billion during the quarter, compared to the consensus estimate of $2.89 billion. Unum Group had a return on equity of 10.73% and a net margin of 9.12%. The company's revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.02 earnings per share. View Unum Group's Earnings History.

When is Unum Group's next earnings date?

Unum Group is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for Unum Group.

What price target have analysts set for UNM?

13 brokerages have issued twelve-month price targets for Unum Group's stock. Their forecasts range from $44.00 to $62.00. On average, they anticipate Unum Group's stock price to reach $53.3333 in the next year. This suggests a possible upside of 39.5% from the stock's current price. View Analyst Ratings for Unum Group.

What is the consensus analysts' recommendation for Unum Group?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Unum Group in the last year. There are currently 2 sell ratings, 8 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

What are Wall Street analysts saying about Unum Group stock?

Here are some recent quotes from research analysts about Unum Group stock:
  • 1. According to Zacks Investment Research, "Unum Group’s premiums continue to increase, fueled by high persistency levels in core business lines and a sturdy volume of sales along with solid benefits experience. Acquisitions have provided an additional boost. Starmount Life Insurance Company’s buyout enhanced growth opportunities in the dental market, in sync with the company’s strategy to focus more on the employee benefits business. A sustained favorable performance drives sound capital generation and a strong financial flexibility, thereby aiding active capital deployment. It projects operating earnings to grow between 17% and 23% in 2018. Exposure to low interest rate environment remains the key headwind hurting the Unum U.K. results. Shares of Unum Group have underperformed the industry year to date. The company saw its 2018 and 2019 estimates move south over the last 60 days." (7/2/2018)
  • 2. Wells Fargo & Co analysts commented, "We would characterize risk results in Unum US as good, particularly in group disability, partially offset by weaker net investment income. We think the market will focus on poor results in Unum’s runoff long-term care (LTC) book, which like Genworth experienced a higher interest-adjusted benefit ratio despite favorable claim resolution (i.e. claimants dying from the flu), and accordingly we expect UNM shares to be weak tomorrow. No change to 2019 estimate. We are lowering our 2018E EPS to $5.16 from $5.17 to reflect the slight miss in Q1. No change to our 2019E of $5.50. Our price target remains at $53 per share, to reflect an applied 1.15x multiple against our 1Q19E modeled book value." (5/2/2018)

Who are some of Unum Group's key competitors?

Who are Unum Group's key executives?

Unum Group's management team includes the folowing people:
  • Mr. Richard Paul McKenney, Pres, CEO & Director (Age 49)
  • Mr. John Francis McGarry, Exec. VP & CFO (Age 60)
  • Ms. Breege A. Farrell, Chief Investment Officer and Exec. VP (Age 58)
  • Ms. Lisa Gonzalez Iglesias, Exec. VP and Gen. Counsel (Age 52)
  • Mr. Michael Quinn Simonds, Exec. VP, Chief Exec. Officer of Unum US and Pres of Unum US (Age 44)

Has Unum Group been receiving favorable news coverage?

News articles about UNM stock have trended somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Unum Group earned a news sentiment score of 0.17 on Accern's scale. They also assigned headlines about the financial services provider an impact score of 43.46 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Who are Unum Group's major shareholders?

Unum Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (1.87%), Hexavest Inc. (0.40%), NN Investment Partners Holdings N.V. (0.22%), Retirement Systems of Alabama (0.09%), Fisher Asset Management LLC (0.07%) and Assenagon Asset Management S.A. (0.04%). Company insiders that own Unum Group stock include Breege A Farrell, Christopher J Jerome, Daniel Jason Waxenberg, E Michael Caulfield, Gloria C Larson, John F Mcgarry, Lisa G Iglesias, Michael Q Simonds, Pamela H Godwin, Thomas R Watjen and Timothy Gerald Arnold. View Institutional Ownership Trends for Unum Group.

Which major investors are selling Unum Group stock?

UNM stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Retirement Systems of Alabama, NN Investment Partners Holdings N.V., Xact Kapitalforvaltning AB, Fisher Asset Management LLC and Cornerstone Investment Partners LLC. Company insiders that have sold Unum Group company stock in the last year include Christopher J Jerome, Daniel Jason Waxenberg, E Michael Caulfield, Gloria C Larson, John F Mcgarry, Lisa G Iglesias, Michael Q Simonds, Pamela H Godwin and Timothy Gerald Arnold. View Insider Buying and Selling for Unum Group.

Which major investors are buying Unum Group stock?

UNM stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Hexavest Inc., First Citizens Bank & Trust Co., Legacy Private Trust Co., DnB Asset Management AS, State of Alaska Department of Revenue, Gateway Investment Advisers LLC and Fjarde AP Fonden Fourth Swedish National Pension Fund. View Insider Buying and Selling for Unum Group.

How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.

What is Unum Group's stock price today?

One share of UNM stock can currently be purchased for approximately $38.24.

How big of a company is Unum Group?

Unum Group has a market capitalization of $8.44 billion and generates $11.29 billion in revenue each year. The financial services provider earns $994.20 million in net income (profit) each year or $4.29 on an earnings per share basis. Unum Group employs 9,400 workers across the globe.

How can I contact Unum Group?

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]


MarketBeat Community Rating for Unum Group (NYSE UNM)

Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  240 (Vote Outperform)
Underperform Votes:  450 (Vote Underperform)
Total Votes:  690
MarketBeat's community ratings are surveys of what our community members think about Unum Group and other stocks. Vote "Outperform" if you believe UNM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe UNM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/19/2018 by MarketBeat.com Staff

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