Wall Street brokerages expect Unum Group (NYSE:UNM) to post earnings per share (EPS) of $1.36 for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for Unum Group’s earnings. The lowest EPS estimate is $1.34 and the highest is $1.37. Unum Group reported earnings per share of $1.30 in the same quarter last year, which would suggest a positive year-over-year growth rate of 4.6%. The firm is expected to issue its next earnings report on Monday, July 29th.
On average, analysts expect that Unum Group will report full-year earnings of $5.45 per share for the current financial year, with EPS estimates ranging from $5.40 to $5.50. For the next year, analysts forecast that the company will post earnings of $5.82 per share, with EPS estimates ranging from $5.75 to $5.85. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that cover Unum Group.
Unum Group (NYSE:UNM) last released its quarterly earnings results on Tuesday, April 30th. The financial services provider reported $1.31 earnings per share for the quarter, meeting the consensus estimate of $1.31. The firm had revenue of $2.99 billion for the quarter, compared to analysts’ expectations of $2.99 billion. Unum Group had a return on equity of 12.91% and a net margin of 4.54%. The company’s revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.24 EPS.
Shares of Unum Group stock opened at $36.22 on Friday. Unum Group has a one year low of $26.76 and a one year high of $41.28. The firm has a market capitalization of $7.59 billion, a P/E ratio of 6.97, a P/E/G ratio of 0.73 and a beta of 1.48. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt-to-equity ratio of 0.33.
The business also recently announced a quarterly dividend, which will be paid on Friday, May 17th. Investors of record on Monday, April 29th will be issued a $0.26 dividend. The ex-dividend date is Friday, April 26th. This represents a $1.04 dividend on an annualized basis and a yield of 2.87%. Unum Group’s dividend payout ratio is currently 20.00%.
A number of institutional investors have recently made changes to their positions in the stock. AlphaCrest Capital Management LLC raised its holdings in Unum Group by 13.1% in the 1st quarter. AlphaCrest Capital Management LLC now owns 22,387 shares of the financial services provider’s stock worth $757,000 after purchasing an additional 2,589 shares during the period. Evergreen Capital Management LLC raised its holdings in Unum Group by 3.3% during the first quarter. Evergreen Capital Management LLC now owns 69,878 shares of the financial services provider’s stock valued at $2,364,000 after acquiring an additional 2,261 shares during the period. Factorial Partners LLC bought a new stake in Unum Group during the first quarter valued at about $423,000. NumerixS Investment Technologies Inc bought a new stake in Unum Group during the first quarter valued at about $630,000. Finally, Swiss National Bank raised its holdings in Unum Group by 3.4% during the first quarter. Swiss National Bank now owns 729,867 shares of the financial services provider’s stock valued at $24,691,000 after acquiring an additional 23,800 shares during the period. 93.04% of the stock is currently owned by institutional investors.
Unum Group Company Profile
Unum Group, together with its subsidiaries, provides financial protection benefit solutions in the United States, the United Kingdom, and internationally. It operates through Unum US, Unum UK, Colonial Life, and Closed Block segments. 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.
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