Equities analysts expect that Unum Group (NYSE:UNM) will announce $1.24 earnings per share for the current quarter, according to Zacks. Three analysts have issued estimates for Unum Group’s earnings, with estimates ranging from $1.19 to $1.27. Unum Group posted earnings of $1.02 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 21.6%. The firm is scheduled to issue its next quarterly earnings results on Wednesday, April 25th.
According to Zacks, analysts expect that Unum Group will report full-year earnings of $5.17 per share for the current year, with EPS estimates ranging from $5.05 to $5.25. For the next year, analysts expect that the company will report earnings of $5.54 per share, with EPS estimates ranging from $5.40 to $5.65. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that cover Unum Group.
Unum Group (NYSE:UNM) last posted its quarterly earnings data on Wednesday, January 31st. The financial services provider reported $1.13 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.08 by $0.05. The company had revenue of $2.84 billion during the quarter, compared to analysts’ expectations of $2.84 billion. Unum Group had a net margin of 8.81% and a return on equity of 10.43%. The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.99 earnings per share.
Shares of Unum Group (NYSE UNM) traded down $0.72 during midday trading on Friday, hitting $51.26. 1,928,862 shares of the stock were exchanged, compared to its average volume of 1,958,149. The firm has a market capitalization of $11,648.11, a PE ratio of 11.76, a price-to-earnings-growth ratio of 1.45 and a beta of 1.51. 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 has a 1-year low of $43.55 and a 1-year high of $58.73.
The business also recently announced a quarterly dividend, which was paid on Friday, February 16th. Shareholders of record on Monday, January 29th were paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.79%. The ex-dividend date was Friday, January 26th. Unum Group’s dividend payout ratio (DPR) is presently 21.00%.
In other Unum Group news, EVP Michael Q. Simonds sold 5,000 shares of the stock in a transaction dated Monday, February 5th. The shares were sold at an average price of $52.09, for a total transaction of $260,450.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Timothy Gerald Arnold sold 1,000 shares of the stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $55.07, for a total transaction of $55,070.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 19,047 shares of company stock valued at $1,046,303. 0.53% of the stock is currently owned by insiders.
Institutional investors and hedge funds have recently modified their holdings of the company. Cerebellum GP LLC acquired a new stake in shares of Unum Group during the fourth quarter worth about $125,000. Pinebridge Investments L.P. lifted its position in shares of Unum Group by 160.9% during the fourth quarter. Pinebridge Investments L.P. now owns 2,930 shares of the financial services provider’s stock worth $161,000 after purchasing an additional 1,807 shares in the last quarter. Invictus RG acquired a new stake in Unum Group in the third quarter valued at approximately $176,000. Lakeview Capital Partners LLC acquired a new stake in Unum Group in the fourth quarter valued at approximately $206,000. Finally, First City Capital Management Inc. acquired a new stake in Unum Group in the fourth quarter valued at approximately $207,000. 90.16% of the stock is currently owned by institutional investors and hedge funds.
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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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