Unum Group (NYSE:UNM) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Unum Group (NYSE:UNM) have earned a consensus recommendation of “Moderate Buy” from the fourteen analysts that are covering the company, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $94.00.

Several research firms have weighed in on UNM. Keefe, Bruyette & Woods reiterated a “moderate buy” rating and issued a $95.00 price objective on shares of Unum Group in a report on Thursday, March 26th. Truist Financial boosted their target price on Unum Group from $88.00 to $96.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. UBS Group upped their target price on Unum Group from $81.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, April 9th. Weiss Ratings raised Unum Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, May 29th. Finally, Morgan Stanley lifted their price target on shares of Unum Group from $80.00 to $87.00 and gave the company an “equal weight” rating in a report on Thursday, May 21st.

Unum Group Stock Performance

Unum Group stock opened at $92.31 on Friday. The company has a current ratio of 0.35, a quick ratio of 0.35 and a debt-to-equity ratio of 0.35. The firm has a 50-day moving average of $85.37 and a 200-day moving average of $79.02. The firm has a market cap of $14.75 billion, a P/E ratio of 20.07, a P/E/G ratio of 0.93 and a beta of 0.25. Unum Group has a 1-year low of $68.28 and a 1-year high of $93.21.

Unum Group (NYSE:UNM) last posted its earnings results on Tuesday, April 28th. The financial services provider reported $2.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.07 by $0.07. Unum Group had a return on equity of 12.60% and a net margin of 5.86%.The company had revenue of $3.36 billion for the quarter, compared to analysts’ expectations of $2.91 billion. During the same period last year, the firm earned $2.04 earnings per share. Unum Group’s quarterly revenue was up 8.5% on a year-over-year basis. Unum Group has set its FY 2026 guidance at 8.600-8.90 EPS. Sell-side analysts expect that Unum Group will post 8.77 EPS for the current year.

Unum Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, April 24th were given a $0.46 dividend. This represents a $1.84 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend was Friday, April 24th. Unum Group’s dividend payout ratio (DPR) is currently 40.00%.

Insider Activity at Unum Group

In other news, EVP Elizabeth Claire Ahmed sold 12,000 shares of Unum Group stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $80.14, for a total transaction of $961,680.00. Following the sale, the executive vice president owned 42,587 shares of the company’s stock, valued at approximately $3,412,922.18. The trade was a 21.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On Unum Group

Institutional investors have recently bought and sold shares of the stock. Laurel Wealth Advisors LLC purchased a new stake in Unum Group in the fourth quarter worth about $25,000. SHP Wealth Management purchased a new position in shares of Unum Group during the 4th quarter worth approximately $25,000. MBM Wealth Consultants LLC purchased a new position in shares of Unum Group during the 1st quarter worth approximately $29,000. Triumph Capital Management bought a new position in shares of Unum Group in the 3rd quarter worth approximately $31,000. Finally, Ancora Advisors LLC raised its position in shares of Unum Group by 385.2% in the 3rd quarter. Ancora Advisors LLC now owns 427 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 339 shares in the last quarter. 86.57% of the stock is owned by institutional investors.

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.