Market Resilience: Unum Group (UNM) Finishes Strong/Weak at 53.091, Up 0.80

Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.

Unum Group (NYSE: UNM) closed the day trading at $53.09 up 0.80% from the previous closing price of $52.67. In other words, the price has increased by $0.80 from its previous closing price. On the day, 0.72 million shares were traded. UNM stock price reached its highest trading level at $53.19 during the session, while it also had its lowest trading level at $52.76.

Ratios:

For a better understanding of UNM, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.34.

On April 25, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $57.

Jefferies Upgraded its Hold to Buy on March 20, 2023, whereas the target price for the stock was revised from $44 to $50.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 07 ’24 when Keaney Timothy F sold 8,000 shares for $52.61 per share. The transaction valued at 420,880 led to the insider holds 37,505 shares of the business.

Pyne Christopher W sold 4,500 shares of UNM for $236,116 on May 07 ’24. The EVP, Group Benefits now owns 56,262 shares after completing the transaction at $52.47 per share. On Mar 13 ’24, another insider, Zabel Steven Andrew, who serves as the EVP, Chief Financial Officer of the company, sold 10,000 shares for $51.06 each. As a result, the insider received 510,600 and left with 122,246 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, UNM now has a Market Capitalization of 10054343680 and an Enterprise Value of 11751754752. As of this moment, Unum’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.87, and their Forward P/E ratio for the next fiscal year is 6.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.80 while its Price-to-Book (P/B) ratio in mrq is 0.99. Its current Enterprise Value per Revenue stands at 0.936 whereas that against EBITDA is 5.897.

Stock Price History:

Over the past 52 weeks, UNM has reached a high of $54.57, while it has fallen to a 52-week low of $41.75. The 50-Day Moving Average of the stock is 2.64%, while the 200-Day Moving Average is calculated to be 9.99%.

Shares Statistics:

Over the past 3-months, UNM traded about 1.34M shares per day on average, while over the past 10 days, UNM traded about 1214040 shares per day. A total of 193.37M shares are outstanding, with a floating share count of 187.78M. Insiders hold about 0.85% of the company’s shares, while institutions hold 88.27% stake in the company. Shares short for UNM as of 1714435200 were 3948261 with a Short Ratio of 2.96, compared to 1711584000 on 3900605. Therefore, it implies a Short% of Shares Outstanding of 3948261 and a Short% of Float of 2.74.

Dividends & Splits

UNM’s forward annual dividend rate is 1.46, up from 1.425 a year ago. Against a Trailing Annual Dividend Yield of 0.02705525The stock’s 5-year Average Dividend Yield is 4.07.

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