Unum 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.
Industry, Sector and Symbol
Industry N/A
Sub-IndustryLife & Health Insurance
SectorFinance
Phone423-294-1011
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$11.60 billion
Profitability
Miscellaneous
Employees9,400
Next Earnings Date5/7/2019 (Estimated)
OptionableOptionable
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 declared a quarterly dividend on Monday, January 14th. Stockholders of record on Monday, January 28th will be paid a dividend of $0.26 per share on Friday, February 15th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.81%. The ex-dividend date of this dividend is Friday, January 25th. View Unum Group's Dividend History.
How will Unum Group's stock buyback program work?
Unum Group declared that its Board of Directors has approved a share repurchase plan on Thursday, May 24th 2018, which allows the company to buyback $750,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 8.7% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its stock is undervalued.
How were Unum Group's earnings last quarter?
Unum Group (NYSE:UNM) announced its earnings results on Tuesday, February, 5th. The financial services provider reported $1.30 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.31 by $0.01. The financial services provider had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $2.91 billion. Unum Group had a return on equity of 12.69% and a net margin of 4.51%. The company's quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter last year, the business posted $1.13 EPS. View Unum Group's Earnings History.
When is Unum Group's next earnings date?
What guidance has Unum Group issued on next quarter's earnings?
Unum Group issued an update on its FY 2019 earnings guidance on Tuesday, February, 5th. The company provided EPS guidance of $5.41-5.56 for the period, compared to the Thomson Reuters consensus estimate of $5.50.
What price target have analysts set for UNM?
10 analysts have issued 1 year target prices for Unum Group's stock. Their predictions range from $44.00 to $62.00. On average, they anticipate Unum Group's share price to reach $52.20 in the next twelve months. This suggests a possible upside of 41.2% from the stock's current price. View Analyst Price Targets for Unum Group.
What is the consensus analysts' recommendation for Unum Group?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Unum Group in the last year. There are currently 1 sell rating, 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Unum Group.
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 strong sales volume along with a solid benefits experience. Acquisitions provided an additional boost. Continued rollout of dental product and geographic expansion as acquired dental insurance businesses growing foothold the United States and U.K. are paying off. A steady favorable performance drives sound capital generation and a sturdy financial flexibility, thereby aiding an active capital deployment. The company projects operating earnings to grow between 17% and 23% in 2018. The Zacks Consensus Estimate for 2018 and 2019 witnessed estimates move north in the last 60 days. However, persistent soft results at Closed Block and Corporate segment remain a headwind. Shares of the company have underperformed the industry year-to-date." (12/31/2018)
- 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)
Has Unum Group been receiving favorable news coverage?
Media stories about UNM stock have been trending somewhat positive on Monday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Unum Group earned a media sentiment score of 1.1 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the immediate future.
Who are some of Unum Group's key competitors?
Some companies that are related to Unum Group include United Overseas Bank (UOVEY), TD Ameritrade (AMTD), Credit Suisse Group (CS), DNB ASA/S (DNHBY), Sun Life Financial (SLF), CTRY GARDEN HOL/ADR (CTRYY), Welltower (WELL), KBC GRP NV/ADR (KBCSY), UniCredit (UNCFF), Barclays (BARC), SunTrust Banks (STI), Equity Residential (EQR), AvalonBay Communities (AVB), Standard Chartered (SCBFF) and SAMPO OYJ/ADR (SAXPY).
What other stocks do shareholders of Unum Group own?
Who are Unum Group's key executives?
Unum Group's management team includes the folowing people:
- Mr. Richard Paul McKenney, Pres, CEO & Director (Age 50)
- Mr. John Francis McGarry, Exec. VP & CFO (Age 61)
- Ms. Breege A. Farrell, Exec. VP & Chief Investment Officer (Age 59)
- Ms. Lisa Gonzalez Iglesias, Exec. VP & Gen. Counsel (Age 53)
- Mr. Michael Quinn Simonds, Exec. VP, Pres & CEO of Unum US (Age 45)
Who are Unum Group's major shareholders?
Unum Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.07%), FMR LLC (9.00%), Investec Asset Management LTD (2.74%), Donald Smith & CO. Inc. (2.65%), LSV Asset Management (2.56%) and Dimensional Fund Advisors LP (2.27%). 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 and Timothy Gerald Arnold. View Institutional Ownership Trends for Unum Group.
Which institutional investors are selling Unum Group stock?
UNM stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., D. E. Shaw & Co. Inc., First Trust Advisors LP, Two Sigma Investments LP, Canada Pension Plan Investment Board, PGGM Investments, Lord Abbett & CO. LLC and Massachusetts Financial Services Co. MA. Company insiders that have sold Unum Group company stock in the last year include Breege A Farrell and Michael Q Simonds. View Insider Buying and Selling for Unum Group.
Which institutional investors are buying Unum Group stock?
UNM stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Norges Bank, Oregon Public Employees Retirement Fund, Prudential Financial Inc., Calamos Advisors LLC, Geode Capital Management LLC, Dimensional Fund Advisors LP and Donald Smith & CO. Inc.. 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 $36.98.
How big of a company is Unum Group?
Unum Group has a market capitalization of $7.94 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 9,400 workers across the globe.
What is Unum Group's official website?
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)
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.
