Unum Group Stock Forecast, Price & News

Unum Group (NYSE:UNM) Frequently Asked Questions

Is Unum Group a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Unum Group in the last twelve months. There are currently 1 sell rating and 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Unum Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UNM, but not buy additional shares or sell existing shares.
View analyst ratings for Unum Group or view top-rated stocks.

How has Unum Group's stock price been impacted by COVID-19?

Unum Group's stock was trading at $17.48 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, UNM shares have increased by 39.9% and is now trading at $24.45.
View which stocks have been most impacted by COVID-19.

Are investors shorting Unum Group?

Unum Group saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 5,550,000 shares, an increase of 59.5% from the October 31st total of 3,480,000 shares. Based on an average daily volume of 3,330,000 shares, the short-interest ratio is currently 1.7 days. Currently, 2.7% of the company's shares are sold short.
View Unum Group's Short Interest.

When is Unum Group's next earnings date?

Unum Group is scheduled to release its next quarterly earnings announcement on Thursday, February 3rd 2022.
View our earnings forecast for Unum Group.

How were Unum Group's earnings last quarter?

Unum Group (NYSE:UNM) issued its quarterly earnings data on Tuesday, November, 2nd. The financial services provider reported $1.03 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.16 by $0.13. The financial services provider had revenue of $2.97 billion for the quarter, compared to the consensus estimate of $2.96 billion. Unum Group had a trailing twelve-month return on equity of 8.68% and a net margin of 6.01%. During the same period in the previous year, the company earned $1.21 EPS.
View Unum Group's earnings history.

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

Unum Group announced a quarterly dividend on Friday, October 15th. Stockholders of record on Friday, October 29th will be given a dividend of $0.30 per share on Friday, November 19th. This represents a $1.20 annualized dividend and a dividend yield of 4.91%. The ex-dividend date is Thursday, October 28th.
View Unum Group's dividend history.

Is Unum Group a good dividend stock?

Unum Group pays an annual dividend of $1.20 per share and currently has a dividend yield of 4.71%. UNM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Unum Group does not yet have a strong track record of dividend growth. The dividend payout ratio of Unum Group is 30.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Unum Group will have a dividend payout ratio of 22.90% next year. This indicates that Unum Group will be able to sustain or increase its dividend.
View Unum Group's dividend history.

How will Unum Group's stock buyback program work?

Unum Group declared that its board has approved a share buyback plan on Monday, October 25th 2021, which authorizes the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 4.4% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's leadership believes its stock is undervalued.

What price target have analysts set for UNM?

4 brokerages have issued twelve-month price objectives for Unum Group's stock. Their forecasts range from $25.00 to $31.00. On average, they expect Unum Group's share price to reach $28.20 in the next year. This suggests a possible upside of 15.3% from the stock's current price.
View analysts' price targets for Unum Group or view top-rated stocks among Wall Street analysts.

Who are Unum Group's key executives?

Unum Group's management team includes the following people:

• Rick McKenney, President, Chief Executive Officer & Director
• Michael Q. Simonds, Chief Operating Officer & Executive Vice President
• Steven A. Zabel, Chief Financial Officer & Executive Vice President
• Puneet Bhasin, Executive VP, Chief Information & Digital Officer
• Lisa G. Iglesias, Executive Vice President & General Counsel

What is Rick McKenney's approval rating as Unum Group's CEO?

37 employees have rated Unum Group CEO Rick McKenney on Glassdoor.com. Rick McKenney has an approval rating of 72% among Unum Group's employees.

Who are some of Unum Group's key competitors?

Some companies that are related to Unum Group include MetLife (MET), Prudential Financial (PRU), Aflac (AFL), Lincoln National (LNC), Primerica (PRI), American Equity Investment Life (AEL), CNO Financial Group (CNO), Independence (IHC), National Western Life Group (NWLI), Kansas City Life Insurance (KCLI) and Citizens (CIA).
View all of UNM's competitors.

What other stocks do shareholders of Unum Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Unum Group investors own include AT&T (T), AbbVie (ABBV), Pfizer (PFE), Verizon Communications (VZ), Enterprise Products Partners (EPD), JPMorgan Chase & Co. (JPM), International Business Machines (IBM), Altria Group (MO), Cisco Systems (CSCO) and Iron Mountain (IRM).

What is Unum Group's stock symbol?

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

Who are Unum Group's major shareholders?

Unum Group's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.55%), Dimensional Fund Advisors LP (4.27%), Donald Smith & CO. Inc. (2.55%), Arrowstreet Capital Limited Partnership (2.25%), LSV Asset Management (1.89%) and Bank of New York Mellon Corp (1.81%). Company insiders that own Unum Group stock include Cherie Pashley, Christopher W Pyne, Lisa G Iglesias, Michael Q Simonds, Richard P Mckenney, Timothy F Keaney 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 Invesco Ltd., BlackRock Inc., Geode Capital Management LLC, Deutsche Bank AG, Royal Bank of Canada, Panagora Asset Management Inc., UBS Group AG, and Dimensional Fund Advisors LP. Company insiders that have sold Unum Group company stock in the last year include Cherie Pashley, Christopher W Pyne, Lisa G Iglesias, Michael Q Simonds, Richard P Mckenney, Timothy F Keaney, and Timothy Gerald Arnold.
View insider buying and selling activity for Unum Group or view top insider-selling stocks.

Which institutional investors are buying Unum Group stock?

UNM stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Two Sigma Investments LP, Bank of New York Mellon Corp, Two Sigma Advisers LP, Renaissance Technologies LLC, Cubist Systematic Strategies LLC, Millennium Management LLC, and Thrivent Financial for Lutherans.
View insider buying and selling activity for Unum Group or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Unum Group's stock price today?

One share of UNM stock can currently be purchased for approximately $24.45.

How much money does Unum Group make?

Unum Group has a market capitalization of $5.00 billion and generates $13.16 billion in revenue each year. The financial services provider earns $793 million in net income (profit) each year or $3.90 on an earnings per share basis.

How many employees does Unum Group have?

Unum Group employs 10,300 workers across the globe.

Does Unum Group have any subsidiaries?

The following companies are subsidiares of Unum Group: AlwaysCare Benefits Inc., Claims Assistance (UK) Limited, Claims Services International Limited, Colonial Life & Accident Insurance Company, Duncanson & Holt Canada Ltd., Duncanson & Holt Europe Ltd., Duncanson & Holt Inc., Duncanson & Holt Services Inc., Duncanson & Holt Underwriters Ltd., Fairwind Insurance Company, First Look Vision Network L.L.C., First Unum Life Insurance Company, H&J Capital, H&J Capital L.L.C., Jaimini Health Inc. dba PrimeCare Dental Plan, LeaveLogic, LeaveLogic Inc., National Dental Plan Limited, Northwind Holdings LLC, Northwind Reinsurance Company, Paul Revere Corp., Pramerica Życie TUiR SA, Provident Investment Management LLC, Provident Life and Accident Insurance Company, Provident Life and Casualty Insurance Company, Starmount Insurance Agency Inc., Starmount Life Insurance Company, Starmount Managed Dental of California, The Paul Revere Life Insurance Company, UDVAS LLC, Unum European Holding Company Limited, Unum Insurance Company, Unum Ireland Limited, Unum Life Insurance Company of America, Unum Limited, Unum Select Limited, Unum Zycie Towarzystwo Ubezpieczen i Reasekuracji Spolka Akcyjna, and UnumProvident Finance Company Limited.

When was Unum Group founded?

Unum Group was founded in 1848.

What is Unum Group's official website?

The official website for Unum Group is www.unum.com.

Where are Unum Group's headquarters?

Unum Group is headquartered at 1 FOUNTAIN SQUARE, CHATTANOOGA TN, 37402.

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, via email at [email protected], or via fax at 615-238-9898.