Brokers Offer Predictions for Unum Group FY2025 Earnings

Unum Group (NYSE:UNM) – Stock analysts at Zacks Research lifted their FY2025 earnings per share estimates for shares of Unum Group in a research note issued on Monday, November 3rd. Zacks Research analyst Team now forecasts that the financial services provider will post earnings of $8.50 per share for the year, up from their previous estimate of $8.48. 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 FY2026 earnings at $9.19 EPS and FY2027 earnings at $10.23 EPS.

Unum Group (NYSE:UNM) last posted its quarterly earnings data 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). The company had revenue of $3.38 billion during the quarter, compared to analyst estimates of $3.31 billion. Unum Group had a return on equity of 13.44% and a net margin of 11.77%.Unum Group’s revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.13 earnings per share. Unum Group has set its FY 2025 guidance at EPS.

A number of other equities analysts have also commented on the company. Evercore ISI lifted their price objective on Unum Group from $96.00 to $99.00 and gave the stock an “outperform” rating in a research note on Wednesday. JPMorgan Chase & Co. cut their price objective on Unum Group from $94.00 to $92.00 and set a “neutral” rating on the stock in a research note on Tuesday. Morgan Stanley boosted their price objective on Unum Group from $79.00 to $81.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 7th. Keefe, Bruyette & Woods reissued an “outperform” rating and issued a $95.00 price objective (down from $100.00) on shares of Unum Group in a research note on Thursday, July 31st. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Unum Group in a research note on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $94.67.

Unum Group Price Performance

Unum Group stock opened at $76.76 on Thursday. The stock’s 50 day moving average is $75.36 and its 200 day moving average is $76.89. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.30 and a quick ratio of 0.30. The firm has a market cap of $13.07 billion, a P/E ratio of 9.18, a P/E/G ratio of 1.23 and a beta of 0.37. Unum Group has a one year low of $66.81 and a one year high of $84.48.

Unum Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Investors of record on Friday, October 24th will be paid a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Friday, October 24th. Unum Group’s dividend payout ratio is 35.87%.

Institutional Trading of Unum Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Norges Bank bought a new stake in Unum Group during the 2nd quarter worth approximately $1,113,353,000. Charles Schwab Investment Management Inc. increased its holdings in Unum Group by 4.8% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 5,816,520 shares of the financial services provider’s stock worth $473,814,000 after purchasing an additional 264,268 shares in the last quarter. Geode Capital Management LLC increased its holdings in Unum Group by 7.0% during the 2nd quarter. Geode Capital Management LLC now owns 3,341,589 shares of the financial services provider’s stock worth $271,862,000 after purchasing an additional 219,076 shares in the last quarter. Allianz Asset Management GmbH increased its holdings in Unum Group by 63.7% during the 3rd quarter. Allianz Asset Management GmbH now owns 2,516,126 shares of the financial services provider’s stock worth $195,704,000 after purchasing an additional 978,937 shares in the last quarter. Finally, Invesco Ltd. grew its holdings in shares of Unum Group by 155.6% in the first quarter. Invesco Ltd. now owns 2,278,473 shares of the financial services provider’s stock valued at $185,604,000 after acquiring an additional 1,387,139 shares in the last quarter. 86.57% of the stock is owned by institutional investors.

About Unum Group

Unum Group, together with its subsidiaries, provides financial protection benefit solutions primarily in the United States, the United Kingdom, Poland, and internationally. It operates through Unum US, Unum International, Colonial Life, and Closed Block segment. 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.