Unum Group (NYSE:UNM – Free Report) – Analysts at Zacks Research dropped their Q1 2027 earnings per share estimates for Unum Group in a research note issued to investors on Thursday, October 8th. Zacks Research analyst Team now anticipates that the financial services provider will post earnings of $2.15 per share for the quarter, down from their previous estimate of $2.17. The consensus estimate for Unum Group’s current full-year earnings is $8.64 per share. Zacks Research also issued estimates for Unum Group’s Q2 2027 earnings at $2.30 EPS, FY2027 earnings at $9.33 EPS, Q1 2028 earnings at $2.46 EPS, Q2 2028 earnings at $2.51 EPS and FY2028 earnings at $10.13 EPS.
Unum Group (NYSE:UNM – Get Free Report) last issued its earnings results on Tuesday, July 28th. The financial services provider reported $2.16 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.16. Unum Group had a net margin of 5.26% and a return on equity of 12.60%. The firm had revenue of $3.39 billion for the quarter, compared to analysts’ expectations of $2.90 billion. During the same quarter last year, the business earned $1.92 earnings per share. The business’s revenue was up .3% on a year-over-year basis. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS.
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Unum Group Trading Down 0.7%
NYSE:UNM opened at $92.54 on Friday. The company has a fifty day moving average of $91.78 and a 200 day moving average of $86.44. Unum Group has a 52 week low of $69.02 and a 52 week high of $96.77. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $14.65 billion, a P/E ratio of 21.57, a P/E/G ratio of 0.99 and a beta of 0.25.
Unum Group announced that its Board of Directors has authorized a stock buyback plan on Wednesday, August 26th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the financial services provider to reacquire up to 7% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s leadership believes its shares are undervalued.
Insider Activity
In other news, CAO Lynn Jr sold 2,188 shares of Unum Group stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $94.31, for a total transaction of $206,350.28. Following the completion of the transaction, the chief accounting officer directly owned 8,154 shares in the company, valued at approximately $769,003.74. This trade represents a 21.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Timothy F. Keaney sold 4,300 shares of Unum Group stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $94.02, for a total value of $404,286.00. Following the transaction, the director owned 36,502 shares of the company’s stock, valued at $3,431,918.04. The trade was a 10.54% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 10,488 shares of company stock worth $988,396. Insiders own 1.00% of the company’s stock.
Hedge Funds Weigh In On Unum Group
Several large investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP grew its position in Unum Group by 7.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,084,382 shares of the financial services provider’s stock valued at $298,287,000 after purchasing an additional 292,670 shares during the last quarter. Canada Pension Plan Investment Board purchased a new position in Unum Group in the second quarter worth about $84,097,000. Quantinno Capital Management LP lifted its stake in shares of Unum Group by 14.6% in the first quarter. Quantinno Capital Management LP now owns 754,335 shares of the financial services provider’s stock worth $55,089,000 after buying an additional 96,123 shares in the last quarter. Donald Smith & CO. Inc. bought a new position in shares of Unum Group in the second quarter worth approximately $58,064,000. Finally, Arrowstreet Capital Limited Partnership grew its holdings in shares of Unum Group by 21.2% during the first quarter. Arrowstreet Capital Limited Partnership now owns 631,694 shares of the financial services provider’s stock valued at $46,133,000 after buying an additional 110,342 shares during the last quarter. Hedge funds and other institutional investors own 86.57% of the company’s stock.
About Unum Group
Unum Group is an insurance company that provides employee benefits and related financial protection products to individuals, employers and their workforces. Its offerings include disability insurance, group and individual life insurance, accidental death and dismemberment coverage, long-term care insurance, and supplemental health benefits.
The company serves employers through workplace benefits programs, including absence-management and leave-administration services. Through its Colonial Life business, Unum also offers voluntary benefits such as accident, critical illness, hospital indemnity and dental insurance, which employees may obtain through the workplace.
Unum Group traces its history to 1848, when Union Mutual Life Insurance Company was established in Maine.
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