Positive Media Coverage Somewhat Unlikely to Impact Unum Group (UNM) Stock Price
Media stories about Unum Group (NYSE:UNM) have trended positive on Wednesday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Unum Group earned a news impact score of 0.39 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 45.323926020896 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
A number of research firms have commented on UNM. Wells Fargo & Co set a $56.00 price objective on shares of Unum Group and gave the company a “hold” rating in a report on Wednesday, December 13th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $53.00 price objective on shares of Unum Group in a report on Friday, November 10th. B. Riley upgraded shares of Unum Group from a “sell” rating to a “neutral” rating and increased their price objective for the company from $43.00 to $52.00 in a report on Monday, November 6th. Royal Bank of Canada reiterated a “hold” rating and issued a $52.00 price objective on shares of Unum Group in a report on Friday, October 27th. Finally, SunTrust Banks reiterated a “buy” rating and issued a $62.00 price objective on shares of Unum Group in a report on Friday, October 27th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $54.00.
Unum Group (UNM) traded down $0.08 during trading hours on Wednesday, hitting $54.67. 238,481 shares of the company were exchanged, compared to its average volume of 1,198,285. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.17 and a quick ratio of 0.17. The stock has a market cap of $12,294.28, a PE ratio of 12.83, a P/E/G ratio of 1.86 and a beta of 1.66. Unum Group has a 1 year low of $43.55 and a 1 year high of $57.55.
Unum Group (NYSE:UNM) last posted its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $1.09 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.04 by $0.05. Unum Group had a net margin of 8.67% and a return on equity of 10.37%. The firm had revenue of $2.82 billion during the quarter, compared to analysts’ expectations of $2.82 billion. During the same quarter last year, the company posted $1.01 EPS. The firm’s quarterly revenue was up 2.0% on a year-over-year basis. equities analysts predict that Unum Group will post 4.21 earnings per share for the current year.
In other news, EVP Christopher J. Jerome sold 7,849 shares of Unum Group stock in a transaction on Friday, November 17th. The shares were sold at an average price of $53.24, for a total transaction of $417,880.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director E Michael Caulfield sold 3,814 shares of Unum Group stock in a transaction on Monday, October 30th. The stock was sold at an average price of $52.42, for a total transaction of $199,929.88. The disclosure for this sale can be found here. Insiders sold a total of 21,122 shares of company stock valued at $1,136,688 in the last three months. 0.53% of the stock is currently owned by corporate insiders.
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Unum Group Company Profile
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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