Unum Group (UNM) to Release Quarterly Earnings on Wednesday

Unum Group (NYSE:UNM) will be posting its quarterly earnings results after the market closes on Wednesday, January 31st. Analysts expect Unum Group to post earnings of $1.06 per share for the quarter.

Unum Group (NYSE:UNM) last released its quarterly earnings results on Wednesday, October 25th. The financial services provider reported $1.09 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.04 by $0.05. The business had revenue of $2.82 billion during the quarter, compared to the consensus estimate of $2.82 billion. Unum Group had a return on equity of 10.37% and a net margin of 8.67%. The business’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.01 EPS. On average, analysts expect Unum Group to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Unum Group (NYSE:UNM) opened at $56.20 on Wednesday. Unum Group has a 12-month low of $43.55 and a 12-month high of $58.73. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.17 and a current ratio of 0.17. The firm has a market capitalization of $12,610.00, a PE ratio of 13.19, a PEG ratio of 1.56 and a beta of 1.66.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 16th. Stockholders of record on Monday, January 29th will be given a dividend of $0.23 per share. The ex-dividend date of this dividend is Friday, January 26th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.64%. Unum Group’s payout ratio is currently 21.60%.

A number of research analysts recently commented on the company. Wells Fargo & Co set a $48.00 price objective on Unum Group and gave the stock a “hold” rating in a report on Wednesday, October 25th. SunTrust Banks reaffirmed a “buy” rating and set a $58.00 price objective on shares of Unum Group in a report on Wednesday, September 27th. Royal Bank of Canada reaffirmed a “hold” rating and set a $52.00 price objective on shares of Unum Group in a report on Friday, October 27th. Langen Mcalenn reaffirmed a “neutral” rating on shares of Unum Group in a report on Tuesday, January 16th. Finally, ValuEngine raised Unum Group from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $56.00.

In other Unum Group news, Director E Michael Caulfield sold 3,814 shares of the company’s stock in a transaction on Monday, October 30th. The stock was sold at an average price of $52.42, for a total value of $199,929.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Timothy Gerald Arnold sold 1,000 shares of the company’s stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $55.07, for a total value of $55,070.00. The disclosure for this sale can be found here. Insiders sold a total of 25,710 shares of company stock worth $1,403,663 in the last ninety days. 0.53% of the stock is currently owned by corporate insiders.

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Unum Group Company Profile

Unum 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.

Earnings History for Unum Group (NYSE:UNM)

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