$1.01 EPS Expected for Unum Group (NYSE:UNM) This Quarter

Equities analysts expect that Unum Group (NYSE:UNM) will announce earnings per share (EPS) of $1.01 for the current quarter, Zacks Investment Research reports. Ten analysts have made estimates for Unum Group’s earnings, with estimates ranging from $0.84 to $1.29. Unum Group posted earnings of $1.35 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 25.2%. The firm is expected to report its next earnings report on Monday, May 3rd.

According to Zacks, analysts expect that Unum Group will report full year earnings of $4.78 per share for the current fiscal year, with EPS estimates ranging from $4.65 to $5.12. For the next year, analysts anticipate that the firm will post earnings of $5.38 per share, with EPS estimates ranging from $5.20 to $5.61. Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow Unum Group.

Unum Group (NYSE:UNM) last announced its quarterly earnings data on Thursday, February 4th. The financial services provider reported $1.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.04). The firm had revenue of $2.97 billion for the quarter, compared to analyst estimates of $2.93 billion. Unum Group had a return on equity of 10.29% and a net margin of 8.00%.

A number of equities research analysts have recently weighed in on UNM shares. Evercore ISI upgraded shares of Unum Group from an “underperform” rating to an “in-line” rating and raised their price target for the company from $18.00 to $25.00 in a research note on Friday, January 8th. Citigroup raised their price objective on shares of Unum Group from $25.00 to $28.00 in a report on Wednesday, March 31st. JPMorgan Chase & Co. raised their price objective on shares of Unum Group from $24.00 to $29.00 and gave the company a “neutral” rating in a report on Monday. Morgan Stanley raised their price objective on shares of Unum Group from $26.00 to $28.00 and gave the company an “equal weight” rating in a report on Thursday, April 1st. Finally, Zacks Investment Research upgraded shares of Unum Group from a “sell” rating to a “hold” rating and set a $29.00 price objective for the company in a report on Wednesday. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $25.56.

Shares of Unum Group stock opened at $27.97 on Monday. The firm’s 50-day moving average price is $27.56 and its two-hundred day moving average price is $23.01. Unum Group has a 12-month low of $12.80 and a 12-month high of $30.34. The company has a quick ratio of 0.18, a current ratio of 0.18 and a debt-to-equity ratio of 0.31. The company has a market capitalization of $5.70 billion, a price-to-earnings ratio of 6.00, a PEG ratio of 0.54 and a beta of 1.78.

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 19th. Stockholders of record on Friday, January 29th were paid a $0.285 dividend. The ex-dividend date of this dividend was Thursday, January 28th. This represents a $1.14 annualized dividend and a dividend yield of 4.08%. Unum Group’s dividend payout ratio is currently 20.99%.

In other news, COO Michael Q. Simonds sold 27,000 shares of Unum Group stock in a transaction on Tuesday, February 16th. The shares were sold at an average price of $24.92, for a total value of $672,840.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Cherie Pashley sold 1,000 shares of Unum Group stock in a transaction on Wednesday, February 24th. The shares were sold at an average price of $27.81, for a total transaction of $27,810.00. The disclosure for this sale can be found here. Insiders sold a total of 58,040 shares of company stock valued at $1,542,821 in the last quarter. 0.49% of the stock is currently owned by company insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of UNM. Founders Capital Management acquired a new stake in Unum Group in the 4th quarter valued at $26,000. Fieldpoint Private Securities LLC acquired a new stake in Unum Group in the 4th quarter valued at $30,000. Regent Peak Wealth Advisors LLC acquired a new stake in Unum Group in the 4th quarter valued at $33,000. Perigon Wealth Management LLC acquired a new stake in Unum Group in the 4th quarter valued at $38,000. Finally, SOA Wealth Advisors LLC. acquired a new stake in Unum Group in the 4th quarter valued at $50,000. 85.04% of the stock is owned by institutional investors and hedge funds.

Unum Group Company Profile

Unum Group, together with its subsidiaries, provides financial protection benefit solutions primarily in the United States, the United Kingdom, and Poland. It operates through Unum US, Unum International, Colonial Life, and Closed Block segments. The company offers group long-term and short-term disability, group life, and accidental death and dismemberment products; supplemental and voluntary products, such as individual disability, voluntary benefits, and dental and vision products; and accident, sickness, disability, life, and cancer and critical illness products.

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Earnings History and Estimates for Unum Group (NYSE:UNM)

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