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S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
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The $193 Billion US-China War You Don't Know About (Ad)
Stock market today: Wall Street futures point higher on debt deal, but some tremors in retail
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UiPath Stock Has Short-Term Pain for Long-Term AI Gain
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
A.I. ETF Sold Out Of Monster Energy, Three Ways To Look At It
The $193 Billion US-China War You Don't Know About (Ad)
Stock market today: Wall Street futures point higher on debt deal, but some tremors in retail
The Most Upgraded Stocks From The Q1 Earnings Season
AI is Unstoppable. Now Is The Time! (Ad)
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Can These Two Crypto Stocks Stage a Comeback?
AI is Unstoppable. Now Is The Time! (Ad)
Advance Auto Parts Backfires: Is This A Warning For The S&P 500?
UiPath Stock Has Short-Term Pain for Long-Term AI Gain
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
A.I. ETF Sold Out Of Monster Energy, Three Ways To Look At It
The $193 Billion US-China War You Don't Know About (Ad)
Stock market today: Wall Street futures point higher on debt deal, but some tremors in retail
The Most Upgraded Stocks From The Q1 Earnings Season
AI is Unstoppable. Now Is The Time! (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can These Two Crypto Stocks Stage a Comeback?
AI is Unstoppable. Now Is The Time! (Ad)
Advance Auto Parts Backfires: Is This A Warning For The S&P 500?
UiPath Stock Has Short-Term Pain for Long-Term AI Gain
NYSE:UNM

Unum Group (UNM) Stock Forecast, Price & News

$43.45
-1.63 (-3.62%)
(As of 05/31/2023 ET)
Compare
Today's Range
$43.43
$44.70
50-Day Range
$37.60
$46.49
52-Week Range
$31.11
$46.99
Volume
1.80 million shs
Average Volume
1.32 million shs
Market Capitalization
$8.56 billion
P/E Ratio
6.15
Dividend Yield
3.04%
Price Target
$47.00

Unum Group MarketRank™ Forecast

Analyst Rating
Hold
2.42 Rating Score
Upside/​Downside
8.2% Upside
$47.00 Price Target
Short Interest
Healthy
1.37% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.10
Upright™ Environmental Score
News Sentiment
0.61mentions of Unum Group in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$2.52 M Sold Last Quarter
Proj. Earnings Growth
4.72%
From $7.41 to $7.76 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.02 out of 5 stars

Finance Sector

137th out of 901 stocks

Accident & Health Insurance Industry

1st out of 4 stocks


UNM stock logo

About Unum Group (NYSE:UNM) Stock

Unum Group engages in the provision of financial protection benefits. Its services include disability, life, accident, critical illness, dental, vision, and other related services. It operates through the following segments: Unum US, Unum International, Colonial Life, Closed Block, and Corporate. The Unum US segment focuses on group disability, group life and accidental death and dismemberment products, and supplemental and voluntary lines of business. The Unum International segment engages in the operations of the UK business, which includes insurance for group long-term disability, group life, and supplemental lines of business that include dental, individual disability, and critical illness products. The Colonial Life segment includes insurance for accident, sickness, disability products, life products, and cancer and critical illness products. The Closed Block segment consists of individual disability, group and individual long-term care, and other insurance products no longer actively marketed. The Corporate segment refers to investment income on corporate assets and other corporate income and expenses not allocated to a line of business. The company was founded in 1848 and is

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UNM Stock News Headlines

Unum Group Sure Looks Exciting: Jumps 7% After Lifting Guidance
Insurance company Unum Group beat first-quarter earnings estimates and significantly raised its full-year outlook. The stock jumped more than 7% on May 3.
Unum Group (NYSE:UNM) Short Interest Up 17.1% in May
Graphite versus Lithium - What Investors Should Know
Over 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.
Unum Group (NYSE:UNM) Short Interest Update
Unum Group Reaches New 52-Week High (UNM)
Unum Group (NYSE:UNM) EVP Sells $678,880.23 in Stock
AI is Unstoppable. Now Is The Time!
AI, or Artificial Intelligence, is all the rage right now. AI technologies are empowering users in every industry to increase sales, efficiency, and productivity. It's truly a case of adapt or fail.
3 Stocks That Could Entice Value Investors
Analysts Set Unum Group (NYSE:UNM) PT at $47.00
Unum Group (NYSE:UNM) EVP Sells $250,050.78 in Stock
See More Headlines
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UNM Company Calendar

Ex-Dividend for 5/19 Dividend
4/27/2023
Last Earnings
5/02/2023
Dividend Payable
5/19/2023
Today
5/31/2023
Next Earnings (Estimated)
8/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Accident & health insurance
Sub-Industry
Life & Health Insurance
Sector
Finance
CUSIP
91529Y10
CIK
5513
Employees
10,937
Year Founded
1848

Price Target and Rating

Average Stock Price Forecast
$47.00
High Stock Price Forecast
$57.00
Low Stock Price Forecast
$37.00
Forecasted Upside/Downside
+8.2%
Consensus Rating
Hold
Rating Score (0-4)
2.42
Research Coverage
12 Analysts

Profitability

Net Income
$1.31 billion
Pretax Margin
14.84%

Debt

Sales & Book Value

Annual Sales
$11.99 billion
Cash Flow
$7.02 per share
Book Value
$46.92 per share

Miscellaneous

Free Float
195,552,000
Market Cap
$8.56 billion
Optionable
Optionable
Beta
1.06

Social Links


Key Executives

  • Rick McKenney
    President, Chief Executive Officer & Director
  • Michael Q. SimondsMichael 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. IglesiasLisa G. Iglesias
    Executive Vice President & General Counsel













UNM Stock - Frequently Asked Questions

Should I buy or sell Unum Group stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Unum Group in the last year. There are currently 7 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research 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.

What is Unum Group's stock price forecast for 2023?

12 equities research analysts have issued 1 year price objectives for Unum Group's stock. Their UNM share price forecasts range from $37.00 to $57.00. On average, they expect the company's stock price to reach $47.00 in the next twelve months. This suggests a possible upside of 8.2% from the stock's current price.
View analysts price targets for UNM
or view top-rated stocks among Wall Street analysts.

How have UNM shares performed in 2023?

Unum Group's stock was trading at $41.03 at the beginning of 2023. Since then, UNM shares have increased by 5.9% and is now trading at $43.45.
View the best growth stocks for 2023 here
.

Are investors shorting Unum Group?

Unum Group saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,670,000 shares, an increase of 17.1% from the April 30th total of 2,280,000 shares. Based on an average trading volume of 1,760,000 shares, the days-to-cover ratio is currently 1.5 days. Approximately 1.4% of the company's stock are short sold.
View Unum Group's Short Interest
.

When is Unum Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our UNM earnings forecast
.

How were Unum Group's earnings last quarter?

Unum Group (NYSE:UNM) announced its earnings results on Tuesday, May, 2nd. The financial services provider reported $1.87 EPS for the quarter, beating the consensus estimate of $1.65 by $0.22. The financial services provider had revenue of $3.04 billion for the quarter, compared to analysts' expectations of $3.05 billion. Unum Group had a trailing twelve-month return on equity of 14.67% and a net margin of 11.78%. The company's quarterly revenue was up 1.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.36 earnings per share.
Read the conference call transcript
.

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

Unum Group declared a quarterly dividend on Friday, April 14th. Shareholders of record on Friday, April 28th will be paid a dividend of $0.33 per share on Friday, May 19th. This represents a $1.32 dividend on an annualized basis and a yield of 3.04%. The ex-dividend date of this dividend is Thursday, April 27th.
Read our dividend analysis for UNM
.

Is Unum Group a good dividend stock?

Unum Group (NYSE:UNM) pays an annual dividend of $1.32 per share and currently has a dividend yield of 2.90%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 18.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UNM will have a dividend payout ratio of 17.01% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for UNM.

How will Unum Group's stock buyback program work?

Unum Group announced that its board has authorized a stock repurchase program on Thursday, December 1st 2022, which permits the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 2.5% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's leadership believes its shares are undervalued.

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

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.

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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.12%), FMR LLC (5.51%), Dimensional Fund Advisors LP (3.78%), State Street Corp (3.08%), Charles Schwab Investment Management Inc. (2.30%) and Donald Smith & CO. Inc. (1.93%). Insiders that own company stock include Cherie Pashley, Christopher W Pyne, Christopher W Pyne, Gloria C Larson, Lisa G Iglesias, Michael Q Simonds, Michael Q Simonds, Puneet Bhasin, Richard P Mckenney, Richard P Mckenney, Timothy F Keaney, Timothy Gerald Arnold and Walter Lynn Rice Jr.
View institutional ownership trends
.

How do I buy shares of Unum Group?

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.

What is Unum Group's stock price today?

One share of UNM stock can currently be purchased for approximately $43.45.

How much money does Unum Group make?

Unum Group (NYSE:UNM) has a market capitalization of $8.56 billion and generates $11.99 billion in revenue each year. The financial services provider earns $1.31 billion in net income (profit) each year or $7.06 on an earnings per share basis.

How many employees does Unum Group have?

The company employs 10,937 workers across the globe.

Does Unum Group have any subsidiaries?
The following companies are subsidiares of Unum Group: AlwaysCare Benefits Inc., Claims Services International Limited, Colonial Life & Accident Insurance Company, Duncanson & Holt Canada Ltd., Duncanson & Holt Europe Ltd., Duncanson & Holt Inc., 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, LeaveLogic, LeaveLogic Inc., National Dental Plan Limited, 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 Inc. dba Unum Dental HMO Plan, 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.
Read More
How can I contact Unum Group?

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.

This page (NYSE:UNM) was last updated on 6/1/2023 by MarketBeat.com Staff

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