Unum Group Company Profile (NYSE:UNM)

About Unum Group (NYSE:UNM)

Unum Group logoUnum Group is a provider of financial protection benefits in the United States and the United Kingdom. The Company's products include disability, life, accident, critical illness, dental and vision, and other related services. Its segments include Unum US, Unum UK, Colonial Life, Closed Block and Corporate. Its Unum US segment includes group long-term and short-term disability insurance, group life and accidental death and dismemberment products, and supplemental and voluntary lines of business. Its Unum UK segment includes insurance for group long-term disability, group life, and supplemental lines of business, which include dental, individual disability and critical illness products. Its Colonial Life segment includes insurance for accident, sickness, and disability products, life products, and cancer and critical illness products issued primarily by Colonial Life & Accident Insurance Company and marketed to employees. Its Closed Block segment consists of other insurance products.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Life & Health Insurance
  • Sub-Industry: Life & Health Insurance
  • Symbol: NYSE:UNM
  • CUSIP: 91529Y10
  • Web: www.unum.com
Capitalization:
  • Market Cap: $11.80096 billion
  • Outstanding Shares: 225,682,000
Average Prices:
  • 50 Day Moving Avg: $50.38
  • 200 Day Moving Avg: $47.90
  • 52 Week Range: $34.83 - $52.91
P/E:
  • Trailing P/E Ratio: 12.59
  • Foreward P/E Ratio: 11.86
  • P/E Growth: 2.51
Sales & Book Value:
  • Annual Revenue: $11.19 billion
  • Price / Sales: 1.05
  • Book Value: $41.21 per share
  • Price / Book: 1.27
Dividend:
  • Annual Dividend: $0.92
  • Dividend Yield: 1.8%
Profitability:
  • EBITDA: $1.66 billion
  • Net Margins: 8.57%
  • Return on Equity: 10.23%
  • Return on Assets: 1.49%
Debt:
  • Debt-to-Equity Ratio: 0.32%
  • Current Ratio: 0.17%
  • Quick Ratio: 0.17%
Misc:
  • Average Volume: 992,249 shs.
  • Beta: 1.59
  • Short Ratio: 3.24
 

Frequently Asked Questions for Unum Group (NYSE:UNM)

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, October 16th. Stockholders of record on Monday, October 30th will be paid a dividend of $0.23 per share on Friday, November 17th. This represents a $0.92 annualized dividend and a dividend yield of 1.76%. The ex-dividend date of this dividend is Friday, October 27th. View Unum Group's Dividend History.

How will Unum Group's stock buyback program work?

Unum Group declared that its board has initiated a stock buyback program on Sunday, June 4th 2017, which authorizes the company to buyback $750,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 7.2% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its stock is undervalued.

How were Unum Group's earnings last quarter?

Unum Group (NYSE:UNM) released its quarterly earnings data on Thursday, July, 27th. The company reported $1.05 EPS for the quarter, beating the Zacks' consensus estimate of $1.01 by $0.04. The company earned $2.81 billion during the quarter, compared to the consensus estimate of $2.80 billion. Unum Group had a net margin of 8.57% and a return on equity of 10.23%. During the same period last year, the firm posted $1.00 EPS. View Unum Group's Earnings History.

When will Unum Group make its next earnings announcement?

Unum Group is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Unum Group.

Where is Unum Group's stock going? Where will Unum Group's stock price be in 2017?

10 brokerages have issued 1 year target prices for Unum Group's shares. Their forecasts range from $40.00 to $58.00. On average, they expect Unum Group's stock price to reach $50.22 in the next twelve months. View Analyst Ratings for Unum Group.

What are analysts saying about Unum Group stock?

Here are some recent quotes from research analysts about Unum Group stock:

  • 1. Goldman Sachs Group, Inc. (The) analysts commented, "We believe that MET should also see value uplift as the market better appreciates the stability in the remaining business following the last 12 months that were highlighted by balance sheet and earnings volatility related to the company's US retail separation," the firm said.See also: Jim Cramer Advises His Viewers On Metlife, Brighthouse Financial And B&G Foods Athene Holding: Best Positioned To Deploy CapitalGoldman believes Athene Holdings is best positioned to deploy capital, which could fuel growth in a variety of interest rate scenarios. The firm sees the company to be its top pick among the higher-beta names, as excess capital and debt could help earnings per share growth.The firm believes out of the $3.5 billion of combined debt and equity capacity, $750 million to $1.25 billion could be put to work in the near term. This, according to the firm, could lead to 7–13 percent earnings per share accretion, posing upside risk to its estimates, which assume deployment only through organic means.Lincoln PressuredThe firm sees earnings and capital pressure for Lincoln from universal life insurance. While noting that the company has maintained its earnings power in its life insurance business through the cost of insurance increases and reinsurance captures, the firm said it expects a slowdown in the cost of insurance increases following impending litigation and regulatory scrutiny from the New York Department of Financial Services.The firm said this could hurt earnings from the life insurance business. Additionally, the firm said it would pose some risk heading into the third quarter actuarial review as well as the goodwill review in the fourth quarter.Unum: Valuation Downside SeenGoldman sees downside to Unum's valuation, as it believes the closed block has negative value. Additionally, the firm said getting capital back out of the LTC business is less likely."Our roughly $800m negative value on the LTC business is reflective of the assumption that the cash drag continues for about 10 years, which we did not feel was overly punitive given the more than 20-year duration of the product," (10/18/2017)
  • 2. According to Zacks Investment Research, "Shares of Unum Group have outperformed industry in a year's time. However, the company did not witness any earnings momentum for its 2017 and 2018 estimates over the last 60 days. Nonetheless, the company’s premiums continue to increase, fueled by solid persistency levels in core business lines and sturdy volume of sales, along with solid benefits experience. Acquisitions have provided an additional support. Starmount Life Insurance Company buyout gave access to growth opportunities in the dental market, which is in sync with its strategy to focus more on the employee benefits business. A sustained favorable performance drives solid capital generation and strong financial flexibility aiding active capital deployment. Unum expects 2017 operating earnings to grow 5–8% over the 2016 level. However, exposure to low interest rate environment remains the key headwind affecting the Unum U.K. results." (10/5/2017)

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:

  • Richard P. McKenney, President, Chief Executive Officer, Director
  • John F. McGarry, Chief Financial Officer, Executive Vice President
  • Timothy Gerald Arnold, Executive Vice President, President and Chief Executive Officer - Colonial Life
  • Peter G. O'Donnell, President and Chief Executive Officer ,Unum UK
  • Michael Q. Simonds, Executive Vice President, President and Chief Executive Officer, Unum US
  • Breege A. Farrell, Executive Vice President, Chief Investment Officer
  • Lisa G. Iglesias, Executive Vice President, General Counsel
  • Christopher J. Jerome, Executive Vice President - Global Services
  • Daniel Jason Waxenberg, Senior Vice President, Chief Accounting Officer, Principal Accounting Officer
  • Kevin T. Kabat, Non-Executive Chairman of the Board

Who owns Unum Group stock?

Unum Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include APG Asset Management N.V. (0.41%), Assenagon Asset Management S.A. (0.28%), PGGM Investments (0.23%), Robeco Institutional Asset Management B.V. (0.10%), Fisher Asset Management LLC (0.07%) and OLD Second National Bank of Aurora (0.03%). Company insiders that own Unum Group stock include A S Macmillan, Breege A Farrell, Christopher J Jerome, Daniel Jason Waxenberg, E Michael Caulfield, Gloria C Larson, John F Mcgarry, Michael Q Simonds, Pamela H Godwin, Thomas R Watjen and Timothy Gerald Arnold. View Institutional Ownership Trends for Unum Group.

Who sold Unum Group stock? Who is selling Unum Group stock?

Unum Group's stock was sold by a variety of institutional investors in the last quarter, including Oakbrook Investments LLC, Robeco Institutional Asset Management B.V., State Treasurer State of Michigan, OLD Second National Bank of Aurora, Honkamp Krueger Financial Services Inc., Fisher Asset Management LLC and Strs Ohio. Company insiders that have sold Unum Group stock in the last year include Breege A Farrell, Christopher J Jerome, Daniel Jason Waxenberg, Gloria C Larson, John F Mcgarry, Michael Q Simonds, Pamela H Godwin, Thomas R Watjen and Timothy Gerald Arnold. View Insider Buying and Selling for Unum Group.

Who bought Unum Group stock? Who is buying Unum Group stock?

Unum Group's stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., PGGM Investments, APG Asset Management N.V., Shell Asset Management Co., Foster & Motley Inc., Fulton Bank N.A. and Montecito Bank & Trust. View Insider Buying and Selling for Unum Group.

How do I buy Unum Group stock?

Shares of Unum Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Unum Group's stock price today?

One share of Unum Group stock can currently be purchased for approximately $52.29.


MarketBeat Community Rating for Unum Group (NYSE UNM)
Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  181 (Vote Outperform)
Underperform Votes:  350 (Vote Underperform)
Total Votes:  531
MarketBeat's community ratings are surveys of what our community members think about Unum Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Unum Group (NYSE:UNM) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Sell Ratings, 6 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $50.22 (3.95% downside)
Consensus Price Target History for Unum Group (NYSE:UNM)
Price Target History for Unum Group (NYSE:UNM)
Analysts' Ratings History for Unum Group (NYSE:UNM)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/18/2017Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral -> Sell$48.00N/AView Rating Details
10/10/2017Royal Bank Of CanadaReiterated RatingHold$51.00N/AView Rating Details
10/5/2017Morgan StanleyBoost Price TargetEqual Weight$52.00 -> $55.00N/AView Rating Details
9/27/2017SunTrust Banks, Inc.Reiterated RatingBuy$58.00LowView Rating Details
8/11/2017Barclays PLCBoost Price TargetOverweight$56.00 -> $57.00LowView Rating Details
7/30/2017Wells Fargo & CompanyReiterated RatingHoldLowView Rating Details
4/19/2017Deutsche Bank AGBoost Price TargetHold$46.00 -> $48.00MediumView Rating Details
3/13/2017Citigroup Inc.DowngradeBuy -> Neutral$53.00LowView Rating Details
2/2/2017FBR & CoReiterated RatingSellN/AView Rating Details
11/28/2016Compass PointDowngradeBuy -> Neutral$42.00N/AView Rating Details
10/7/2016Credit Suisse GroupInitiated CoverageNeutral$42.00N/AView Rating Details
7/6/2016Evercore ISIInitiated CoverageSell$29.00N/AView Rating Details
6/29/2016Bank of America CorporationDowngradeNeutral -> UnderperformN/AView Rating Details
12/18/2015Raymond James Financial, Inc.Lower Price TargetOutperform$40.00 -> $39.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Unum Group (NYSE:UNM)
Earnings by Quarter for Unum Group (NYSE:UNM)
Earnings History by Quarter for Unum Group (NYSE UNM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017$1.03N/AView Earnings Details
7/27/2017Q2 2017$1.01$1.05$2.80 billion$2.81 billionViewN/AView Earnings Details
4/26/2017Q1 2017$1.00$1.02$2.84 billion$2.81 billionViewN/AView Earnings Details
2/1/2017Q416$0.98$1.00$2.76 billion$2.80 billionViewListenView Earnings Details
10/26/2016Q316$0.95$0.99$2.74 billion$2.76 billionViewN/AView Earnings Details
7/27/2016Q216$0.94$0.99$2.75 billion$2.76 billionViewN/AView Earnings Details
4/27/2016Q116$0.91$0.95$2.73 billion$2.73 billionViewN/AView Earnings Details
2/2/2016Q415$0.92$0.95$2.71 billion$2.73 billionViewN/AView Earnings Details
10/28/2015Q315$0.90$0.91$2.68 billion$2.66 billionViewListenView Earnings Details
7/29/2015Q2$0.90$0.89$2.67 billion$2.70 billionViewListenView Earnings Details
4/29/2015Q1$0.89$0.89$2.66 billion$2.65 billionViewN/AView Earnings Details
2/3/2015Q414$0.88$0.90$2.70 billion$2.64 billionViewN/AView Earnings Details
10/29/2014Q314$0.90$0.87$2.61 billion$2.61 billionViewN/AView Earnings Details
7/30/2014Q214$0.87$0.91$2.61 billion$2.64 billionViewN/AView Earnings Details
5/7/2014Q114$0.85$0.87$2.61 million$2.61 billionViewN/AView Earnings Details
2/4/2014Q413$0.84$0.84$2.60 billion$2.59 billionViewN/AView Earnings Details
11/4/2013Q313$0.82$0.85$2.59 billion$2.54 billionViewN/AView Earnings Details
8/5/2013Q2 2013$0.80$0.82$2.61 billion$2.60 billionViewListenView Earnings Details
5/1/2013Q1 2013$0.78$0.80$2.62 billion$2.63 billionViewListenView Earnings Details
2/5/2013Q4 2012$0.77$0.82$2.63 billion$6.27 billionViewListenView Earnings Details
10/31/2012$0.76$0.80ViewN/AView Earnings Details
8/1/2012$0.76$0.79ViewN/AView Earnings Details
5/1/2012$0.76$0.73ViewN/AView Earnings Details
2/6/2012$0.75$0.78ViewN/AView Earnings Details
11/1/2011$0.75$0.74ViewN/AView Earnings Details
8/2/2011$0.72$0.75ViewN/AView Earnings Details
5/3/2011$0.70$0.69ViewN/AView Earnings Details
2/2/2011$0.69$0.66ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Unum Group (NYSE:UNM)
2017 EPS Consensus Estimate: $4.09
2018 EPS Consensus Estimate: $4.41
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.97$0.99$0.98
Q2 20173$0.99$1.03$1.01
Q3 20173$1.02$1.04$1.03
Q4 20173$1.05$1.08$1.06
Q1 20182$1.04$1.08$1.06
Q2 20182$1.08$1.12$1.10
Q3 20182$1.09$1.09$1.09
Q4 20182$1.14$1.17$1.16
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Unum Group (NYSE:UNM)
Next Dividend:11/17/2017
Annual Dividend:$0.92
Dividend Yield:1.76%
Dividend Growth:11.90% (3 Year Average)
Payout Ratio:22.17% (Trailing 12 Months of Earnings)
22.06% (Based on This Year's Estimates)
20.86% (Based on Next Year's Estimates)
Track Record:8 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Unum Group (NYSE:UNM)

Dividend History by Quarter for Unum Group (NYSE UNM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/16/2017quarterly$0.231.77%10/27/201710/30/201711/17/2017
7/17/2017quarterly$0.231.93%7/27/20177/31/20178/18/2017
4/14/2017quarterly$0.201.76%4/26/20174/28/20175/19/2017
1/17/2017quarterly$0.201.8%1/26/20171/30/20172/17/2017
10/14/2016quarterly$0.202.19%10/27/201610/31/201611/18/2016
7/15/2016quarterly$0.202.47%7/27/20167/29/20168/19/2016
4/15/2016quarterly$0.192.26%4/27/20164/29/20165/20/2016
1/15/2016quarterly$0.192.63%1/27/20161/29/20162/19/2016
10/7/2015quarterly$0.192.23%10/28/201510/30/201511/20/2015
7/17/2015quarterly$0.192.04%7/29/20157/31/20158/21/2015
4/14/2015quarterly$0.171.93%4/23/20154/27/20155/15/2015
1/16/2015quarterly$0.172.1%1/28/20151/30/20152/20/2015
10/8/2014quarterly$0.171.98%10/29/201410/31/201411/21/2014
7/14/2014quarterly$0.171.88%7/24/20147/28/20148/15/2014
4/14/2014quarterly$0.151.74%4/24/20144/28/20145/16/2014
1/17/2014quarterly$0.151.69%1/29/20141/31/20142/21/2014
10/2/2013quarterly$0.151.92%10/24/201310/28/201311/15/2013
7/15/2013quarterly$0.151.86%7/25/20137/29/20138/16/2013
4/15/2013quarterly$0.131.94%4/25/20134/29/20135/17/2013
1/14/2013quarterly$0.132.34%1/24/20131/28/20132/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Unum Group (NYSE:UNM)
Insider Ownership Percentage: 0.53%
Institutional Ownership Percentage: 92.20%
Insider Trades by Quarter for Unum Group (NYSE:UNM)
Institutional Ownership by Quarter for Unum Group (NYSE:UNM)
Insider Trades by Quarter for Unum Group (NYSE:UNM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/7/2017Pamela H. GodwinDirectorSell2,500$50.71$126,775.00View SEC Filing  
8/1/2017Gloria C. LarsonDirectorSell2,460$50.23$123,565.80View SEC Filing  
6/23/2017Breege A. FarrellEVPSell15,000$45.47$682,050.00View SEC Filing  
5/5/2017Michael Q. SimondsEVPSell5,000$46.61$233,050.00View SEC Filing  
5/1/2017Daniel Jason WaxenbergCAOSell260$46.44$12,074.40View SEC Filing  
3/13/2017Timothy Gerald ArnoldEVPSell2,000$48.54$97,080.00View SEC Filing  
2/6/2017Pamela H. GodwinDirectorSell10,000$46.86$468,600.00View SEC Filing  
2/3/2017Thomas R. WatjenDirectorSell25,000$46.91$1,172,750.00View SEC Filing  
11/14/2016Christopher J. JeromeEVPSell8,000$41.49$331,920.00View SEC Filing  
11/14/2016John F. McgarryCFOSell12,000$41.44$497,280.00View SEC Filing  
10/28/2016Thomas R. WatjenDirectorSell178,927$35.56$6,362,644.12View SEC Filing  
8/1/2016Thomas R. WatjenDirectorSell40,000$33.24$1,329,600.00View SEC Filing  
5/31/2016Timothy Gerald ArnoldCEOSell1,600$36.99$59,184.00View SEC Filing  
5/6/2016A S MacmillanDirectorSell327$33.49$10,951.23View SEC Filing  
5/2/2016Thomas R WatjenDirectorSell40,000$34.16$1,366,400.00View SEC Filing  
11/12/2015E Michael CaulfieldDirectorSell13,890$36.14$501,984.60View SEC Filing  
3/3/2015Richard P MckenneyCFOSell15,000$33.48$502,200.00View SEC Filing  
2/25/2015Thomas R WatjenCEOSell37,767$33.87$1,279,168.29View SEC Filing  
11/17/2014Randall C HornCEOSell12,000$34.01$408,120.00View SEC Filing  
11/7/2014Thomas R WatjenCEOSell40,000$33.19$1,327,600.00View SEC Filing  
9/10/2014Randall C HornCEOSell12,000$35.88$430,560.00View SEC Filing  
8/18/2014Ronald E GoldsberryDirectorSell5,702$35.12$200,254.24View SEC Filing  
8/6/2014A S MacmillanDirectorSell1,090$34.41$37,506.90View SEC Filing  
8/6/2014Thomas R WatjenCEOSell60,000$34.35$2,061,000.00View SEC Filing  
7/1/2014John F McgarryCEOSell2,000$34.83$69,660.00View SEC Filing  
6/13/2014Richard P MckenneyCFOSell15,000$34.97$524,550.00View SEC Filing  
6/10/2014Pamela H GodwinDirectorSell3,000$35.53$106,590.00View SEC Filing  
6/3/2014Randall C HornCEOSell15,000$34.47$517,050.00View SEC Filing  
6/2/2014Ronald E GoldsberryDirectorSell12,022$34.05$409,349.10View SEC Filing  
5/1/2014John McgarryCEOSell2,000$33.20$66,400.00View SEC Filing  
2/26/2014Kevin MccarthyCOOSell1,610$34.00$54,740.00View SEC Filing  
2/6/2014Thomas WatjenCEOSell60,000$32.25$1,935,000.00View SEC Filing  
2/3/2014John McgarryCEOSell2,000$32.08$64,160.00View SEC Filing  
12/10/2013E. Liston Bishop IIIEVPSell4,679$34.14$159,741.06View SEC Filing  
12/10/2013Kevin MccarthyCOOSell5,976$34.14$204,020.64View SEC Filing  
12/4/2013E. Liston Bishop IIIEVPSell1,060$34.00$36,040.00View SEC Filing  
12/4/2013Kevin MccarthyCOOSell3,880$34.00$131,920.00View SEC Filing  
11/26/2013E. Liston Bishop IIIEVPSell7,598$34.01$258,407.98View SEC Filing  
11/26/2013Kevin MccarthyCOOSell31,508$34.01$1,071,587.08View SEC Filing  
9/10/2013Gloria C LarsonDirectorSell11,000$31.00$341,000.00View SEC Filing  
8/9/2013Thomas KinserDirectorSell1,000$30.33$30,330.00View SEC Filing  
8/7/2013Thomas WatjenCEOSell75,000$30.53$2,289,750.00View SEC Filing  
8/1/2013Kevin MccarthyCOOSell22,854$32.12$734,070.48View SEC Filing  
7/5/2013Kevin P MccarthyCOOSell12,000$30.05$360,600.00View SEC Filing  
6/24/2013Kevin P MccarthyCOOSell12,000$28.85$346,200.00View SEC Filing  
5/30/2013Ronald E GoldsberryDirectorSell5,937$28.31$168,076.47View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

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Unum Group (UNM) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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