Q3 Earnings Forecast for Unum Group Issued By Zacks Research

Unum Group (NYSE:UNM) – Equities research analysts at Zacks Research reduced their Q3 2027 earnings estimates for shares of Unum Group in a research report issued on Wednesday, September 9th. Zacks Research analyst Team now forecasts that the financial services provider will earn $2.45 per share 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.

UNM has been the subject of a number of other reports. JPMorgan Chase & Co. cut their target price on Unum Group from $101.00 to $98.00 and set a “neutral” rating for the company in a research report on Monday, August 3rd. Wolfe Research dropped their price target on Unum Group from $102.00 to $100.00 and set an “outperform” rating for the company in a research note on Monday, July 6th. Atlantic Securities set a $88.00 price objective on shares of Unum Group in a research report on Wednesday, July 15th. Wells Fargo & Company increased their price objective on shares of Unum Group from $100.00 to $101.00 and gave the stock an “overweight” rating in a research note on Thursday, July 9th. Finally, Evercore restated an “outperform” rating and issued a $106.00 target price on shares of Unum Group in a research report on Tuesday, July 7th. Eight investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Unum Group presently has an average rating of “Moderate Buy” and an average price target of $99.42.

Unum Group Trading Up 1.3%

Shares of NYSE:UNM opened at $94.32 on Friday. The business’s 50 day simple moving average is $90.10 and its 200 day simple moving average is $83.69. Unum Group has a 1 year low of $69.02 and a 1 year high of $96.77. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.34 and a quick ratio of 0.34. The company has a market capitalization of $14.93 billion, a P/E ratio of 21.99, a P/E/G ratio of 0.98 and a beta of 0.27.

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

Unum Group Increases Dividend

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

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

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of UNM. Brighton Jones LLC acquired a new position in Unum Group in the 4th quarter worth about $247,000. EverSource Wealth Advisors LLC boosted its stake in shares of Unum Group by 157.4% during the second quarter. EverSource Wealth Advisors LLC now owns 1,851 shares of the financial services provider’s stock valued at $149,000 after purchasing an additional 1,132 shares in the last quarter. Baird Financial Group Inc. grew its holdings in shares of Unum Group by 26.6% during the second quarter. Baird Financial Group Inc. now owns 7,939 shares of the financial services provider’s stock worth $641,000 after purchasing an additional 1,666 shares during the last quarter. Brown Advisory Inc. grew its holdings in shares of Unum Group by 13.2% during the second quarter. Brown Advisory Inc. now owns 6,445 shares of the financial services provider’s stock worth $520,000 after purchasing an additional 753 shares during the last quarter. Finally, Cresset Asset Management LLC grew its holdings in shares of Unum Group by 6.1% during the second quarter. Cresset Asset Management LLC now owns 6,715 shares of the financial services provider’s stock worth $542,000 after purchasing an additional 386 shares during the last quarter. 86.57% of the stock is currently owned by institutional investors and hedge funds.

About Unum Group

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.