As of close of business last night, Unum Group’s stock clocked out at $51.63, down -3.08% from its previous closing price of $53.27. In other words, the price has decreased by -$1.64 from its previous closing price. On the day, 1343321 shares were traded.
Ratios:
To gain a deeper understanding of UNM’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.36.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 13 ’24 when Zabel Steven Andrew sold 10,000 shares for $51.06 per share. The transaction valued at 510,600 led to the insider holds 122,246 shares of the business.
IGLESIAS LISA G sold 16,000 shares of UNM for $800,064 on Mar 05 ’24. The EVP, General Counsel now owns 40,840 shares after completing the transaction at $50.00 per share. On Mar 01 ’24, another insider, McKenney Richard P, who serves as the President and CEO of the company, sold 50,000 shares for $49.15 each. As a result, the insider received 2,457,575 and left with 1,076,753 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 9.89B and an Enterprise Value of 13.17B. As of this moment, Unum’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.95, and their Forward P/E ratio for the next fiscal year is 5.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.96. 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 1.03. Its current Enterprise Value per Revenue stands at 1.07.
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 $38.93. The 50-Day Moving Average of the stock is 50.40, while the 200-Day Moving Average is calculated to be 47.89.
Shares Statistics:
It appears that UNM traded 1.43M shares on average per day over the past three months and 1.08M shares per day over the past ten days. A total of 193.37M shares are outstanding, with a floating share count of 189.42M. Insiders hold about 1.09% of the company’s shares, while institutions hold 88.03% stake in the company. Shares short for UNM as of Mar 28, 2024 were 3.9M with a Short Ratio of 3.12, compared to 2.36M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.04% and a Short% of Float of 2.36%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.39, UNM has a forward annual dividend rate of 1.43. Against a Trailing Annual Dividend Yield of 2.61%, it implies a Forward Annual Dividend Yield of 2.83%. The stock’s 5-year Average Dividend Yield is 4.07. The current Payout Ratio is 21.39% for UNM, which recently paid a dividend on Feb 16, 2024 with an ex-dividend date of Jan 25, 2024. Stock splits for the company last occurred on Jun 03, 1997 when the company split stock in a 2:1 ratio.
Earnings Estimates
As of right now, 11 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $1.98 for the current quarter, with a high estimate of $2.02 and a low estimate of $1.94, while EPS last year was $1.87. The consensus estimate for the next quarter is $2.05, with high estimates of $2.08 and low estimates of $1.99.
Analysts are recommending an EPS of between $8.29 and $7.95 for the fiscal current year, implying an average EPS of $8.16. EPS for the following year is $8.84, with 12 analysts recommending between $9.61 and $8.46.
Revenue Estimates
In the current quarter, 5 analysts expect revenue to total $3.21B. It ranges from a high estimate of $3.23B to a low estimate of $3.17B. As of the current estimate, Unum Group’s year-ago sales were $3.05B, an estimated increase of 5.10% from the year-ago figure.
A total of 7 analysts have provided revenue estimates for UNM’s current fiscal year. The highest revenue estimate was $13.08B, while the lowest revenue estimate was $12.83B, resulting in an average revenue estimate of $12.96B. In the same quarter a year ago, actual revenue was $12.39B, up 4.70% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $13.45B in the next fiscal year. The high estimate is $13.72B and the low estimate is $13.21B. The average revenue growth estimate for next year is up 3.80% from the average revenue estimate for this year.
