Favorable Media Coverage Somewhat Unlikely to Impact Unum Group (UNM) Share Price
News headlines about Unum Group (NYSE:UNM) have trended positive on Monday, according to Accern. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Unum Group earned a media sentiment score of 0.40 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 45.4108345436654 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news articles that may have impacted Accern’s scoring:
- B. Riley Weighs in on Unum Group’s FY2018 Earnings (UNM) (americanbankingnews.com)
- Unum Group (UNM) Rating Lowered to Hold at Zacks Investment Research (americanbankingnews.com)
- Unum Group: Unum Group to release fourth quarter 2017 results and host conference call (twst.com)
Shares of Unum Group (NYSE:UNM) traded up $0.48 during mid-day trading on Monday, hitting $56.47. The company’s stock had a trading volume of 1,571,581 shares, compared to its average volume of 1,492,420. Unum Group has a twelve month low of $43.55 and a twelve month high of $57.55. The stock has a market cap of $12,670.00, a PE ratio of 13.26, a price-to-earnings-growth ratio of 1.74 and a beta of 1.66. The company has a quick ratio of 0.17, a current ratio of 0.17 and a debt-to-equity ratio of 0.29.
Unum Group (NYSE:UNM) last issued its earnings results on Wednesday, October 25th. The financial services provider reported $1.09 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.04 by $0.05. Unum Group had a return on equity of 10.37% and a net margin of 8.67%. The business had revenue of $2.82 billion during the quarter, compared to analysts’ expectations of $2.82 billion. During the same period in the prior year, the business earned $1.01 EPS. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. analysts forecast that Unum Group will post 4.23 EPS for the current fiscal year.
Several brokerages have commented on UNM. Deutsche Bank began coverage on Unum Group in a research report on Tuesday, January 2nd. They issued a “hold” rating and a $58.00 price objective on the stock. SunTrust Banks reaffirmed a “buy” rating and issued a $58.00 price objective on shares of Unum Group in a research report on Wednesday, September 27th. ValuEngine raised Unum Group from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. Zacks Investment Research downgraded Unum Group from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Royal Bank of Canada reaffirmed a “hold” rating and issued a $51.00 price objective on shares of Unum Group in a research report on Tuesday, October 10th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $54.91.
In other Unum Group news, Director E Michael Caulfield sold 3,814 shares of the company’s stock in a transaction on Monday, October 30th. The stock was sold at an average price of $52.42, for a total value of $199,929.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Timothy Gerald Arnold sold 1,000 shares of the company’s stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $55.07, for a total value of $55,070.00. The disclosure for this sale can be found here. Insiders sold a total of 21,122 shares of company stock valued at $1,136,688 over the last quarter. Company insiders own 0.53% of the company’s stock.
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About Unum Group
Unum Group is a provider of financial protection benefits in the United States and the United Kingdom. The Company’s products include disability, life, accident, critical illness, dental and vision, and other related services. Its segments include Unum US, Unum UK, Colonial Life, Closed Block and Corporate.
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