A number of research firms have changed their ratings and price targets for Unum Group (NYSE: UNM):
Unum Group (NYSE:UNM) traded down 0.35% during midday trading on Friday, hitting $42.89. The stock had a trading volume of 508,003 shares. The stock’s 50-day moving average is $37.82 and its 200-day moving average is $35.08. Unum Group has a 1-year low of $23.99 and a 1-year high of $43.47. The company has a market capitalization of $9.96 billion, a PE ratio of 11.25 and a beta of 1.50.
Unum Group (NYSE:UNM) last announced its earnings results on Wednesday, October 26th. The company reported $0.99 EPS for the quarter, topping the Zacks’ consensus estimate of $0.95 by $0.04. Unum Group had a return on equity of 10.24% and a net margin of 8.29%. The company had revenue of $2.76 billion for the quarter, compared to analysts’ expectations of $2.74 billion. During the same period last year, the firm earned $0.83 EPS. Unum Group’s revenue for the quarter was up 4.0% compared to the same quarter last year. Equities research analysts forecast that Unum Group will post $3.89 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Friday, November 18th. Shareholders of record on Monday, October 31st were paid a $0.20 dividend. The ex-dividend date of this dividend was Thursday, October 27th. This represents a $0.80 dividend on an annualized basis and a yield of 1.86%. Unum Group’s payout ratio is presently 20.94%.