Unum Group (NYSE:UNM) Releases Earnings Results, Misses Expectations By $0.06 EPS

Unum Group (NYSE:UNM) released its quarterly earnings results on Monday. The financial services provider reported $2.09 EPS for the quarter, missing the consensus estimate of $2.15 by ($0.06), Zacks reports. Unum Group had a return on equity of 13.44% and a net margin of 11.77%.During the same period last year, the firm posted $2.13 earnings per share. The firm’s revenue was up 5.0% on a year-over-year basis. Unum Group updated its FY 2025 guidance to EPS.

Unum Group Price Performance

Shares of UNM stock traded down $0.47 during mid-day trading on Monday, hitting $72.95. 2,318,509 shares of the stock traded hands, compared to its average volume of 1,407,615. Unum Group has a twelve month low of $63.98 and a twelve month high of $84.48. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.30 and a current ratio of 0.30. The company’s 50-day simple moving average is $75.04 and its 200-day simple moving average is $76.87. The firm has a market cap of $12.42 billion, a price-to-earnings ratio of 8.73, a price-to-earnings-growth ratio of 1.23 and a beta of 0.36.

Unum Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 14th. Shareholders 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 2.5%. The ex-dividend date of this dividend is Friday, October 24th. Unum Group’s dividend payout ratio (DPR) is presently 22.01%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Evercore ISI decreased their price target on shares of Unum Group from $100.00 to $96.00 and set an “outperform” rating for the company in a research report on Wednesday, July 30th. Keefe, Bruyette & Woods reissued an “outperform” rating and issued a $95.00 target price (down previously from $100.00) on shares of Unum Group in a research report on Thursday, July 31st. Wells Fargo & Company decreased their price target on Unum Group from $100.00 to $98.00 and set an “overweight” rating for the company in a research note on Wednesday, October 8th. Barclays upped their price objective on Unum Group from $92.00 to $95.00 and gave the company an “overweight” rating in a research note on Wednesday, October 8th. Finally, UBS Group set a $87.00 target price on Unum Group and gave the stock a “neutral” rating in a research report on Wednesday, July 30th. Two 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 data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $94.75.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Corient Private Wealth LLC boosted its position in shares of Unum Group by 90.8% during the 2nd quarter. Corient Private Wealth LLC now owns 254,780 shares of the financial services provider’s stock valued at $20,576,000 after purchasing an additional 121,255 shares in the last quarter. Captrust Financial Advisors boosted its stake in Unum Group by 4.5% in the 2nd quarter. Captrust Financial Advisors now owns 244,675 shares of the financial services provider’s stock worth $19,760,000 after purchasing an additional 10,522 shares during the period. Keel Point LLC acquired a new position in shares of Unum Group in the 2nd quarter valued at about $1,084,000. Two Sigma Securities LLC purchased a new position in Unum Group in the second quarter valued at about $269,000. Finally, Redwood Investment Management LLC increased its stake in shares of Unum Group by 5.2% during the 2nd quarter. Redwood Investment Management LLC now owns 16,893 shares of the financial services provider’s stock worth $1,364,000 after purchasing an additional 833 shares during the last quarter. 86.57% of the stock is owned by institutional investors and hedge funds.

Unum Group Company Profile

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.