Unum Group (UNM) Getting Favorable News Coverage, Report Finds
News headlines about Unum Group (NYSE:UNM) have been trending positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Unum Group earned a media sentiment score of 0.38 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 45.5876000867164 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have impacted Accern’s rankings:
- Unum Group (UNM) Declares $0.23 Quarterly Dividend (americanbankingnews.com)
- Zacks: Analysts Expect Unum Group (UNM) Will Announce Quarterly Sales of $2.85 Billion (americanbankingnews.com)
- SunTrust Banks Brokers Lower Earnings Estimates for Unum Group (UNM) (americanbankingnews.com)
- Zacks Investment Research Upgrades Unum Group (UNM) to “Buy” (americanbankingnews.com)
- Q1 2018 EPS Estimates for Unum Group Increased by Analyst (UNM) (americanbankingnews.com)
Shares of Unum Group (NYSE:UNM) traded down $3.05 during mid-day trading on Tuesday, hitting $55.54. The stock had a trading volume of 3,415,045 shares, compared to its average volume of 1,620,150. Unum Group has a 1-year low of $43.55 and a 1-year high of $58.73. The stock has a market capitalization of $13,150.00, a price-to-earnings ratio of 13.04, a price-to-earnings-growth ratio of 1.65 and a beta of 1.66. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.17 and a quick ratio of 0.17.
Unum Group (NYSE:UNM) last issued its quarterly earnings results on Wednesday, October 25th. The financial services provider reported $1.09 earnings per share for the quarter, topping the Zacks’ 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 for the quarter, compared to analyst estimates of $2.82 billion. During the same quarter in the previous year, the firm earned $1.01 earnings per share. The company’s revenue was up 2.0% on a year-over-year basis. equities analysts expect that Unum Group will post 4.23 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, February 16th. Stockholders of record on Monday, January 29th will be paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.66%. Unum Group’s payout ratio is 21.60%.
Several equities analysts have issued reports on the company. Zacks Investment Research lowered Unum Group from a “buy” rating to a “hold” rating in a research note on Monday, September 25th. SunTrust Banks reiterated a “buy” rating and issued a $62.00 target price on shares of Unum Group in a research note on Friday, October 27th. Wells Fargo & Co set a $48.00 target price on Unum Group and gave the company a “hold” rating in a research note on Wednesday, October 25th. ValuEngine upgraded Unum Group from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. Finally, Royal Bank of Canada reiterated a “hold” rating and issued a $51.00 target price on shares of Unum Group in a research note on Tuesday, October 10th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $56.00.
In other news, EVP Lisa G. Iglesias sold 8,459 shares of the business’s stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $54.83, for a total transaction of $463,806.97. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Christopher J. Jerome sold 7,849 shares of the company’s stock in a transaction that occurred on Friday, November 17th. The shares were sold at an average price of $53.24, for a total value of $417,880.76. The disclosure for this sale can be found here. Insiders have sold 21,122 shares of company stock worth $1,136,688 in the last 90 days. Insiders own 0.53% of the company’s stock.
Unum Group Company Profile
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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