Q1 2018 Earnings Estimate for Unum Group (UNM) Issued By Langen Mcalenn

Unum Group (NYSE:UNM) – Investment analysts at Langen Mcalenn issued their Q1 2018 earnings per share (EPS) estimates for shares of Unum Group in a report issued on Wednesday. Langen Mcalenn analyst R. Glasspiegel expects that the financial services provider will post earnings of $1.28 per share for the quarter. Langen Mcalenn currently has a “Neutral” rating on the stock. Langen Mcalenn also issued estimates for Unum Group’s Q2 2018 earnings at $1.32 EPS, Q3 2018 earnings at $1.36 EPS, Q4 2018 earnings at $1.36 EPS, Q1 2019 earnings at $1.35 EPS, Q2 2019 earnings at $1.41 EPS, Q3 2019 earnings at $1.47 EPS, Q4 2019 earnings at $1.43 EPS and FY2019 earnings at $5.65 EPS.

UNM has been the topic of several other reports. Goldman Sachs Group initiated coverage on Unum Group in a research note on Wednesday, October 18th. They issued a “sell” rating and a $48.00 price objective on the stock. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $53.00 price objective on shares of Unum Group in a research note on Friday, November 10th. B. Riley raised Unum Group from a “sell” rating to a “neutral” rating and lifted their price objective for the company from $43.00 to $52.00 in a research note on Monday, November 6th. Royal Bank of Canada reaffirmed a “hold” rating and issued a $52.00 price objective on shares of Unum Group in a research note on Friday, October 27th. Finally, Deutsche Bank initiated coverage on Unum Group in a research note on Tuesday, January 2nd. They issued a “hold” rating and a $58.00 price objective on the stock. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $56.18.

Unum Group (NYSE UNM) opened at $52.71 on Monday. The firm has a market capitalization of $11,730.45, a PE ratio of 12.03, a PEG ratio of 1.47 and a beta of 1.51. Unum Group has a 52 week low of $43.55 and a 52 week high of $58.73. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.29.

Unum Group (NYSE:UNM) last released its quarterly earnings data on Wednesday, January 31st. The financial services provider reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.05. The business had revenue of $2.84 billion for the quarter, compared to analyst estimates of $2.84 billion. Unum Group had a return on equity of 10.43% and a net margin of 8.81%. The company’s revenue was up 1.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.99 EPS.

The business also recently declared a quarterly dividend, which will be paid on Friday, February 16th. Investors of record on Monday, January 29th will be given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.75%. The ex-dividend date is Friday, January 26th. Unum Group’s dividend payout ratio (DPR) is presently 21.00%.

In related news, CFO John F. Mcgarry sold 4,588 shares of the business’s stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $58.19, for a total transaction of $266,975.72. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Christopher J. Jerome sold 7,849 shares of the business’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $53.24, for a total value of $417,880.76. The disclosure for this sale can be found here. Insiders have sold a total of 21,896 shares of company stock worth $1,203,733 over the last three months. 0.53% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently added to or reduced their stakes in UNM. Gotham Asset Management LLC increased its holdings in Unum Group by 0.8% during the 2nd quarter. Gotham Asset Management LLC now owns 4,475 shares of the financial services provider’s stock worth $209,000 after purchasing an additional 35 shares during the last quarter. Ameritas Investment Partners Inc. increased its holdings in Unum Group by 2.1% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 5,386 shares of the financial services provider’s stock worth $251,000 after purchasing an additional 113 shares during the last quarter. Sentry Investment Management LLC increased its holdings in Unum Group by 1.1% during the 2nd quarter. Sentry Investment Management LLC now owns 18,223 shares of the financial services provider’s stock worth $850,000 after purchasing an additional 202 shares during the last quarter. Kalos Management Inc. increased its holdings in Unum Group by 0.5% during the 2nd quarter. Kalos Management Inc. now owns 56,270 shares of the financial services provider’s stock worth $2,623,000 after purchasing an additional 274 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in Unum Group by 2.3% during the 2nd quarter. PNC Financial Services Group Inc. now owns 23,138 shares of the financial services provider’s stock worth $1,078,000 after purchasing an additional 518 shares during the last quarter. 91.52% of the stock is currently owned by hedge funds and other institutional investors.

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About Unum Group

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 and Estimates for Unum Group (NYSE:UNM)

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