Analysts expect Unum Group (NYSE:UNM) to post earnings per share of $1.39 for the current fiscal quarter, Zacks Investment Research reports. Eleven analysts have provided estimates for Unum Group’s earnings. The highest EPS estimate is $1.40 and the lowest is $1.35. Unum Group reported earnings of $1.30 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 6.9%. The firm is scheduled to issue its next earnings report on Tuesday, February 4th.

According to Zacks, analysts expect that Unum Group will report full year earnings of $5.42 per share for the current year, with EPS estimates ranging from $5.30 to $5.46. For the next year, analysts anticipate that the company will post earnings of $5.80 per share, with EPS estimates ranging from $5.75 to $5.90. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that that provide coverage for Unum Group.

Unum Group (NYSE:UNM) last posted its earnings results on Tuesday, October 29th. The financial services provider reported $1.36 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.37 by ($0.01). The company had revenue of $2.96 billion for the quarter, compared to the consensus estimate of $3.02 billion. Unum Group had a return on equity of 12.31% and a net margin of 8.89%. Unum Group’s quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter last year, the business earned $1.37 EPS.

A number of equities research analysts recently weighed in on the company. ValuEngine raised Unum Group from a “strong sell” rating to a “sell” rating in a report on Wednesday, October 2nd. Zacks Investment Research cut Unum Group from a “hold” rating to a “sell” rating and set a $32.00 price target for the company. in a report on Monday. Morgan Stanley dropped their price target on Unum Group from $40.00 to $37.00 and set an “equal weight” rating for the company in a report on Tuesday, August 20th. Barclays set a $36.00 price target on Unum Group and gave the company a “buy” rating in a report on Monday, August 12th. Finally, Citigroup dropped their price target on Unum Group from $37.00 to $32.00 and set a “neutral” rating for the company in a report on Friday, September 13th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $36.40.

UNM stock traded up $0.08 during midday trading on Friday, reaching $29.70. 1,552,313 shares of the company’s stock traded hands, compared to its average volume of 1,437,249. The company has a 50-day simple moving average of $28.60 and a two-hundred day simple moving average of $30.83. Unum Group has a 1-year low of $24.71 and a 1-year high of $38.29. The company has a market cap of $6.22 billion, a price-to-earnings ratio of 5.71, a PEG ratio of 0.62 and a beta of 1.57. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.32.

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Monday, October 28th will be issued a dividend of $0.285 per share. The ex-dividend date of this dividend is Friday, October 25th. This represents a $1.14 dividend on an annualized basis and a yield of 3.84%. Unum Group’s dividend payout ratio is 21.92%.

A number of hedge funds have recently added to or reduced their stakes in UNM. Vanguard Group Inc. increased its stake in shares of Unum Group by 5.4% in the 2nd quarter. Vanguard Group Inc. now owns 23,945,430 shares of the financial services provider’s stock valued at $803,370,000 after buying an additional 1,218,617 shares during the period. Donald Smith & CO. Inc. increased its stake in shares of Unum Group by 6.2% in the 3rd quarter. Donald Smith & CO. Inc. now owns 5,872,187 shares of the financial services provider’s stock valued at $174,521,000 after buying an additional 343,265 shares during the period. Bank of Nova Scotia increased its stake in shares of Unum Group by 376.8% in the 2nd quarter. Bank of Nova Scotia now owns 3,369,146 shares of the financial services provider’s stock valued at $10,733,000 after buying an additional 2,662,577 shares during the period. AQR Capital Management LLC increased its stake in shares of Unum Group by 66.7% in the 2nd quarter. AQR Capital Management LLC now owns 2,511,001 shares of the financial services provider’s stock valued at $83,742,000 after buying an additional 1,004,924 shares during the period. Finally, Nuance Investments LLC increased its stake in shares of Unum Group by 10.3% in the 2nd quarter. Nuance Investments LLC now owns 2,483,537 shares of the financial services provider’s stock valued at $83,323,000 after buying an additional 232,087 shares during the period. 96.27% of the stock is owned by hedge funds and other institutional investors.

Unum Group Company Profile

Unum Group, together with its subsidiaries, provides financial protection benefit solutions in the United States, the United Kingdom, and internationally. It operates through Unum US, Unum UK, 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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