Q3 Earnings Forecast for Unum Group Issued By Zacks Research

Unum Group (NYSE:UNM) – Research analysts at Zacks Research lowered their Q3 2027 earnings per share (EPS) estimates for Unum Group in a note issued to investors on Wednesday, September 9th. Zacks Research analyst Team now expects that the financial services provider will post earnings per share of $2.45 for the quarter, down from their prior forecast of $2.46. The consensus estimate for Unum Group’s current full-year earnings is $8.64 per share.

A number of other equities research analysts have also commented on UNM. Morgan Stanley upped their price objective on shares of Unum Group from $87.00 to $92.00 and gave the company an “equal weight” rating in a research note on Monday, August 24th. UBS Group set a $94.00 target price on shares of Unum Group in a research note on Tuesday, July 7th. Barclays boosted their target price on shares of Unum Group from $105.00 to $110.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Weiss Ratings raised shares of Unum Group from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, July 28th. Finally, Jefferies Financial Group increased their price target on Unum Group from $117.00 to $123.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $99.42.

Unum Group Stock Performance

NYSE:UNM opened at $94.32 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.34 and a current ratio of 0.34. Unum Group has a fifty-two week low of $69.02 and a fifty-two week high of $96.77. The company has a 50 day simple moving average of $90.10 and a two-hundred day simple moving average of $83.69. The company has a market capitalization of $14.93 billion, a PE ratio of 21.99, a P/E/G ratio of 0.98 and a beta of 0.27.

Unum Group (NYSE:UNM) last posted its quarterly earnings data on Tuesday, July 28th. The financial services provider reported $2.16 EPS for the quarter, hitting analysts’ consensus estimates of $2.16. Unum Group had a return on equity of 12.60% and a net margin of 5.26%.The company had revenue of $3.39 billion for the quarter, compared to analyst estimates of $2.90 billion. During the same period in the previous year, the firm earned $1.92 earnings per share. The firm’s quarterly revenue was up .3% on a year-over-year basis. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS.

Unum Group declared that its Board of Directors has initiated a stock repurchase program on Wednesday, August 26th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the financial services provider to buy up to 7% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board believes its shares are undervalued.

Unum Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, July 24th were paid a $0.505 dividend. The ex-dividend date was Friday, July 24th. This represents a $2.02 annualized dividend and a dividend yield of 2.1%. This is an increase from Unum Group’s previous quarterly dividend of $0.46. Unum Group’s dividend payout ratio (DPR) is presently 47.09%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. SHP Wealth Management bought a new stake in Unum Group in the fourth quarter valued at $25,000. MBM Wealth Consultants LLC bought a new position in shares of Unum Group during the 1st quarter worth about $29,000. Triumph Capital Management acquired a new stake in shares of Unum Group in the 3rd quarter valued at about $31,000. Ancora Advisors LLC increased its position in Unum Group by 385.2% in the 3rd quarter. Ancora Advisors LLC now owns 427 shares of the financial services provider’s stock valued at $33,000 after buying an additional 339 shares in the last quarter. Finally, Nalls Sherbakoff Group LLC acquired a new position in Unum Group during the 4th quarter worth approximately $39,000. Institutional investors and hedge funds own 86.57% of the company’s stock.

Unum Group Company Profile

Unum Group is an insurance company that provides financial protection and employee benefits through workplace and individual products. Its offerings include disability insurance, life insurance, accident insurance, critical illness coverage, and related benefits designed to help individuals and families manage income loss and other financial risks.

The company serves employers, employees, and individual customers primarily in the United States, the United Kingdom, and Ireland. Its products are distributed through employers, insurance brokers, benefits advisers, and other intermediaries.