Zacks Research Predicts Unum Group’s Q3 Earnings (NYSE:UNM)

Unum Group (NYSE:UNM) – Stock analysts at Zacks Research dropped their Q3 2026 earnings estimates for Unum Group in a note issued to investors on Monday, December 29th. Zacks Research analyst Team now expects that the financial services provider will post earnings of $2.31 per share for the quarter, down from their prior forecast of $2.33. The consensus estimate for Unum Group’s current full-year earnings is $9.14 per share. Zacks Research also issued estimates for Unum Group’s Q3 2027 earnings at $2.42 EPS and FY2027 earnings at $10.06 EPS.

Several other research analysts also recently weighed in on UNM. Citigroup reiterated a “market perform” rating on shares of Unum Group in a research note on Thursday, December 18th. Barclays increased their target price on shares of Unum Group from $92.00 to $95.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 8th. Evercore ISI lifted their target price on shares of Unum Group from $96.00 to $99.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 5th. Morgan Stanley set a $85.00 price target on shares of Unum Group in a research note on Monday, December 15th. Finally, Wells Fargo & Company reduced their price objective on shares of Unum Group from $100.00 to $98.00 and set an “overweight” rating for the company in a research note on Wednesday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Unum Group currently has a consensus rating of “Moderate Buy” and an average target price of $94.91.

Unum Group Stock Performance

NYSE:UNM opened at $77.54 on Wednesday. The company has a market capitalization of $12.97 billion, a P/E ratio of 15.12, a P/E/G ratio of 1.52 and a beta of 0.20. The business has a fifty day simple moving average of $76.41 and a two-hundred day simple moving average of $76.00. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.36 and a quick ratio of 0.36. Unum Group has a 1 year low of $66.81 and a 1 year high of $84.48.

Unum Group (NYSE:UNM) last posted its quarterly earnings results on Monday, November 3rd. The financial services provider reported $2.09 EPS for the quarter, missing analysts’ consensus estimates of $2.15 by ($0.06). Unum Group had a return on equity of 13.09% and a net margin of 6.99%.The company had revenue of $3.25 billion during the quarter, compared to the consensus estimate of $3.31 billion. During the same period last year, the firm posted $2.13 EPS. The company’s revenue for the quarter was up 5.0% compared to the same quarter last year.

Institutional Investors Weigh In On Unum Group

Several large investors have recently added to or reduced their stakes in the business. Advisors Capital Management LLC grew its position in Unum Group by 2.2% during the first quarter. Advisors Capital Management LLC now owns 6,308 shares of the financial services provider’s stock worth $514,000 after buying an additional 136 shares in the last quarter. OneDigital Investment Advisors LLC boosted its position in shares of Unum Group by 4.2% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 3,484 shares of the financial services provider’s stock valued at $271,000 after acquiring an additional 141 shares during the last quarter. NDVR Inc. grew its holdings in shares of Unum Group by 3.3% during the second quarter. NDVR Inc. now owns 4,526 shares of the financial services provider’s stock worth $366,000 after purchasing an additional 145 shares in the last quarter. True Wealth Design LLC grew its holdings in shares of Unum Group by 36.2% during the third quarter. True Wealth Design LLC now owns 587 shares of the financial services provider’s stock worth $46,000 after purchasing an additional 156 shares in the last quarter. Finally, Waterfront Wealth Inc. increased its position in shares of Unum Group by 0.5% in the second quarter. Waterfront Wealth Inc. now owns 29,350 shares of the financial services provider’s stock worth $2,370,000 after purchasing an additional 158 shares during the last quarter. Institutional investors own 86.57% of the company’s stock.

Insider Activity at Unum Group

In related news, CAO Walter Lynn Rice, Jr. sold 900 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $73.50, for a total transaction of $66,150.00. Following the completion of the transaction, the chief accounting officer owned 8,940 shares of the company’s stock, valued at approximately $657,090. The trade was a 9.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Steven Andrew Zabel sold 7,500 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $76.38, for a total transaction of $572,850.00. Following the sale, the executive vice president directly owned 113,807 shares in the company, valued at $8,692,578.66. This trade represents a 6.18% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 12,400 shares of company stock valued at $951,160. Corporate insiders own 0.92% of the company’s stock.

Unum Group announced that its Board of Directors has initiated a stock repurchase plan on Thursday, December 4th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the financial services provider to repurchase up to 8.2% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board of directors believes its stock is undervalued.

Unum Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 14th. Stockholders of record on Friday, October 24th were given a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Friday, October 24th. Unum Group’s dividend payout ratio (DPR) is 35.87%.

Unum Group Company Profile

Unum Group (NYSE: UNM) is a leading provider of employee benefits in the United States and selected international markets, specializing in disability, life, accident and critical illness insurance. Through both fully insured and self-funded arrangements, the company offers group coverage designed to protect income and mitigate financial hardship for employees and their families. Its portfolio includes short-term and long-term disability plans, group life and accidental death & dismemberment (AD&D) policies, as well as critical illness and hospital indemnity products.

In addition to its core product lines, Unum Group markets voluntary benefits under its Colonial Life brand, allowing employees to purchase supplemental insurance such as accident, cancer, and dental coverage directly through payroll deductions.