Unum Group - UNM Stock Forecast, Price & News

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Unum Group in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" UNM shares. 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 UNM analyst ratings or view top-rated stocks.

9 equities research analysts have issued 12 month price targets for Unum Group's shares. Their UNM share price forecasts range from $26.00 to $48.00. On average, they anticipate the company's stock price to reach $36.00 in the next year. This suggests that the stock has a possible downside of 12.7%.
View analysts price targets for UNM or view top-rated stocks among Wall Street analysts.

Unum Group's stock was trading at $24.57 at the beginning of 2022. Since then, UNM shares have increased by 67.8% and is now trading at $41.24.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our UNM earnings forecast.

Unum Group will be holding an earnings conference call on Wednesday, November 2nd at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 866-813-9403 with passcode "966452".

Unum Group (NYSE:UNM) posted its quarterly earnings results on Tuesday, August, 2nd. The financial services provider reported $1.91 EPS for the quarter, beating analysts' consensus estimates of $1.23 by $0.68. The financial services provider had revenue of $3.05 billion for the quarter, compared to analyst estimates of $2.99 billion. Unum Group had a trailing twelve-month return on equity of 9.86% and a net margin of 9.29%.

Unum Group declared a quarterly dividend on Friday, July 15th. Shareholders of record on Friday, July 29th will be given a dividend of $0.33 per share on Friday, August 19th. This represents a $1.32 annualized dividend and a yield of 3.20%. The ex-dividend date is Thursday, July 28th. This is an increase from the stock's previous quarterly dividend of $0.30.
Read our dividend analysis for UNM.

Unum Group (NYSE:UNM) pays an annual dividend of $1.32 per share and currently has a dividend yield of 3.34%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 24.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UNM will have a dividend payout ratio of 21.50% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for UNM.

Unum Group announced that its Board of Directors has approved a stock buyback plan on Monday, October 25th 2021, which permits the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 4.4% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board of directors believes its shares are undervalued.

Unum Group updated its FY 2022 earnings guidance on Tuesday, August, 9th. The company provided earnings per share (EPS) guidance of $6.09-$6.31 for the period, compared to the consensus EPS estimate of $5.16. The company issued revenue guidance of -.

37 employees have rated Unum Group Chief Executive Officer Rick McKenney on Glassdoor.com. Rick McKenney has an approval rating of 72% among the company's employees.

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).

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

Unum Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Bowling Portfolio Management LLC (0.02%). Insiders that own company stock include Cherie Pashley, Christopher W Pyne, Christopher W Pyne, Lisa G Iglesias, Michael Q Simonds, Michael Q Simonds, Richard P Mckenney, Richard P Mckenney, Timothy F Keaney and Timothy Gerald Arnold.
View institutional ownership trends.

Shares of UNM stock 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.
Compare Top Brokerages Here.

One share of UNM stock can currently be purchased for approximately $41.24.

Unum Group (NYSE:UNM) has a market capitalization of $8.25 billion and generates $12.01 billion in revenue each year. The financial services provider earns $824.20 million in net income (profit) each year or $5.46 on an earnings per share basis.

The company employs 10,300 workers across the globe.

Unum Group's mailing address is 1 FOUNTAIN SQUARE, CHATTANOOGA TN, 37402. The official website for the company is www.unum.com. The financial services provider can be reached via phone at (423) 294-1011, via email at investorrelations@unum.com, or via fax at 615-238-9898.