Unum Group (NYSE:UNM) Hits New 52-Week High – What’s Next?

Shares of Unum Group (NYSE:UNM) reached a new 52-week high during trading on Thursday . The company traded as high as $94.29 and last traded at $94.21, with a volume of 40388 shares. The stock had previously closed at $91.79.

More Unum Group News

Here are the key news stories impacting Unum Group this week:

• Positive Sentiment: Zacks raised its Q3 2027 EPS estimate to $2.46 from $2.39 and its Q4 2027 estimate to $2.42 from $2.36, signaling some confidence in earnings momentum later in 2027.
• Neutral Sentiment: Zacks’ updated forecasts call for $8.64 in FY2026 EPS, $9.41 in FY2027 EPS and $10.32 in FY2028 EPS. The FY2026 estimate is broadly in line with the $8.66 analyst consensus and Unum’s guidance range of $8.60-$8.90 per share.
• Negative Sentiment: Zacks reduced its estimates for Q3 2026 EPS to $2.18 from $2.21, Q4 2026 to $2.16 from $2.21, Q1 2027 to $2.20 from $2.26, and Q2 2027 to $2.33 from $2.53. It also cut FY2027 EPS to $9.41 from $9.54 and FY2028 EPS to $10.32 from $10.50. The broad downward revisions suggest analysts see somewhat softer profitability than previously expected.

Analyst Ratings Changes

Several equities research analysts recently issued reports on UNM shares. Wells Fargo & Company lifted their price target on shares of Unum Group from $100.00 to $101.00 and gave the company an “overweight” rating in a report on Thursday, July 9th. Wolfe Research dropped their price objective on shares of Unum Group from $102.00 to $100.00 and set an “outperform” rating for the company in a research note on Monday, July 6th. Weiss Ratings upgraded shares of Unum Group from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, July 28th. Atlantic Securities set a $88.00 target price on shares of Unum Group in a research note on Wednesday, July 15th. Finally, Morgan Stanley upped their price target on shares of Unum Group from $80.00 to $87.00 and gave the stock an “equal weight” rating in a report on Thursday, May 21st. Eight equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $99.00.

Unum Group Stock Up 1.1%

The firm has a market capitalization of $14.69 billion, a price-to-earnings ratio of 21.65, a P/E/G ratio of 0.95 and a beta of 0.26. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.34 and a quick ratio of 0.34. The stock has a fifty day moving average of $89.22 and a two-hundred day moving average of $81.05.

Unum Group (NYSE:UNM) last announced its earnings results on Tuesday, July 28th. The financial services provider reported $2.16 EPS for the quarter, hitting the consensus estimate of $2.16. Unum Group had a return on equity of 12.60% and a net margin of 5.26%.The firm had revenue of $3.39 billion for the quarter, compared to the consensus estimate of $2.90 billion. During the same period in the previous year, the business earned $1.92 EPS. The business’s quarterly revenue was up .3% compared to the same quarter last year. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS. Sell-side analysts anticipate that Unum Group will post 8.65 earnings per share for the current year.

Unum Group Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 24th will be paid a $0.505 dividend. This is an increase from Unum Group’s previous quarterly dividend of $0.46. This represents a $2.02 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, July 24th. Unum Group’s payout ratio is presently 47.09%.

Institutional Trading of Unum Group

Several institutional investors have recently added to or reduced their stakes in the stock. Prosperity Consulting Group LLC raised its stake in shares of Unum Group by 1.6% in the first quarter. Prosperity Consulting Group LLC now owns 8,157 shares of the financial services provider’s stock worth $596,000 after buying an additional 128 shares during the period. D.A. Davidson & CO. lifted its position in shares of Unum Group by 1.9% during the 1st quarter. D.A. Davidson & CO. now owns 7,922 shares of the financial services provider’s stock valued at $579,000 after buying an additional 144 shares in the last quarter. WPG Advisers LLC grew its stake in shares of Unum Group by 12.5% during the 2nd quarter. WPG Advisers LLC now owns 1,301 shares of the financial services provider’s stock valued at $116,000 after acquiring an additional 145 shares during the period. Smartleaf Asset Management LLC grew its stake in shares of Unum Group by 5.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,781 shares of the financial services provider’s stock valued at $218,000 after acquiring an additional 149 shares during the period. Finally, Larson Financial Group LLC increased its holdings in Unum Group by 0.4% in the 4th quarter. Larson Financial Group LLC now owns 37,864 shares of the financial services provider’s stock worth $2,934,000 after acquiring an additional 159 shares in the last quarter. 86.57% of the stock is currently owned by institutional investors.

Unum Group Company Profile

Unum Group (NYSE: UNM) is a leading provider of employee benefits in the United States and selected international markets, specializing in disability, life, accident and critical illness insurance. Through both fully insured and self-funded arrangements, the company offers group coverage designed to protect income and mitigate financial hardship for employees and their families. Its portfolio includes short-term and long-term disability plans, group life and accidental death & dismemberment (AD&D) policies, as well as critical illness and hospital indemnity products.

In addition to its core product lines, Unum Group markets voluntary benefits under its Colonial Life brand, allowing employees to purchase supplemental insurance such as accident, cancer, and dental coverage directly through payroll deductions.