Core Viewpoint - Unum Group is a significant player in the insurance industry, particularly in the Accident and Health sector, offering various insurance products and services while competing with major insurers [1] Financial Performance - On February 5, 2026, Unum reported an earnings per share (EPS) of $1.92, which was below the estimated $2.11, resulting in a negative EPS surprise of 9.07% [2][6] - The EPS decreased from $2.03 in the same quarter the previous year, indicating a downward trend in earnings performance [2] - Unum's revenue for the quarter was approximately $3.24 billion, slightly missing the estimated $3.29 billion, but it has surpassed consensus revenue estimates in two of the last four quarters [3][6] Financial Ratios - Unum's price-to-earnings (P/E) ratio is around 14.11, suggesting a moderate market valuation of its earnings [4][6] - The price-to-sales ratio of 0.98 indicates that investors are paying less than one dollar for every dollar of sales [4] - The enterprise value to sales ratio of 1.24 reflects the company's total valuation relative to its sales [4] Liquidity and Debt Management - Unum maintains a strong liquidity position with a current ratio of approximately 2.33, indicating its ability to cover short-term liabilities [5] - The debt-to-equity ratio of roughly 0.34 shows a moderate level of debt compared to equity, suggesting a balanced financial structure [5] - The company's earnings yield of about 7.09% offers insight into the return on investment [5]

Core Viewpoint - Unum Group (UNM) shares have shown mixed performance over the past year, with a slight decline in trading value due to concerns regarding reserve adequacy [1] Group 1: Company Performance - Unum Group's stock has faced pressure from concerns about the adequacy of its reserves [1] - The company undertook reinsurance transactions last year that significantly reduced its exposure [1] Group 2: Analyst Insights - The article reflects a contrarian investment approach based on macro views and stock-specific turnaround stories to achieve outsized returns with a favorable risk/reward profile [1]

Core Viewpoint - Unum Group (UNM) shares have shown mixed performance over the past year, with a slight decline in trading value due to concerns regarding reserve adequacy [1] Group 1: Company Performance - Unum Group's stock has been affected by worries about the adequacy of its reserves, leading to a slight decrease in share price [1] - The company undertook reinsurance transactions last year that significantly reduced its exposure, which may positively impact its financial stability moving forward [1] Group 2: Analyst Insights - The analysis reflects a contrarian investment approach, focusing on macro views and stock-specific turnaround stories to achieve outsized returns with a favorable risk/reward profile [1]

Financial Performance - Premium income for Q4 2025 was $2,692.1 million, a slight increase from $2,631.1 million in Q4 2024, while total revenue reached $3,244.1 million compared to $3,236.6 million in the previous year[5]. - Net income for the year ended December 31, 2025, was $738.5 million, a significant decrease from $1,779.1 million in 2024, resulting in a net income per share of $4.28 compared to $9.49[5]. - Adjusted operating revenue for the year was $13,173.1 million, up from $12,921.9 million in 2024, indicating a growth of approximately 1.95%[5]. - Total sales for Unum Group increased by 2.3% to $639.9 million in Q4 2025 compared to $625.4 million in Q4 2024[12]. - Total operating revenue for Q4 2025 was $3,254.2 million, a slight increase of 0.2% compared to Q4 2024, and for the year it was $13,182.1 million, up 2.0%[28]. - The net income for Q4 2025 was $174.1 million, compared to $39.7 million in Q4 2024, with net income per common share increasing to $1.04 from $0.23 year-over-year[33]. - The total after-tax adjusted operating income for the year ended December 31, 2025, was $1,406.0 million, compared to $1,588.2 million in 2024, representing a decline of 11.4%[78]. Equity and Assets - Total stockholders' equity increased to $11,119.1 million as of December 31, 2025, compared to $10,961.1 million in 2024, reflecting a growth of 1.44%[6]. - The company’s total assets reached $63,519.4 million as of December 31, 2025, compared to $61,959.3 million in 2024, showing an increase of approximately 2.52%[5]. - Allocated stockholders' equity was reported at $12,471.1 million, compared to $10,961.1 million, reflecting a growth of approximately 14%[22][25]. - Total assets increased to $63,519.4 million, up from $61,959.3 million year-over-year, reflecting a growth of approximately 2.5%[22][25]. - Total liabilities rose to $52,400.3 million, compared to $50,998.2 million, indicating an increase of about 2.8%[22][25]. - The total adjusted capital for the company was $16,317.6 million in 2025, slightly down from $16,610.8 million in 2024[82]. Investment Performance - The company reported a net investment loss of $106.6 million for the year, compared to a loss of $34.6 million in 2024, highlighting challenges in investment performance[5]. - Unum US net investment income decreased by 5.0% to $148.3 million for Q4 2025, and by 4.4% to $604.2 million for the year[28]. - Unum International's net investment income increased by 13.0% to $145.6 million for the year, reflecting strong performance in the segment[28]. - The company reported a net unrealized loss on securities and derivatives of $2,281.9 million, an increase from $3,025.9 million, indicating a decrease in losses[22][25]. - Net investment income for the year ended December 31, 2025, was $81.6 million, down from $88.3 million in 2024[39]. - Net investment losses totaled $83.5 million for 2025, impacting the overall financial results[87]. Segment Performance - Group Long-term Disability sales decreased by 17.7% to $127.2 million in Q4 2025 from $154.5 million in Q4 2024[12]. - Group Short-term Disability sales increased by 45.3% to $177.9 million in Q4 2025 compared to $122.4 million in Q4 2024[12]. - Colonial Life segment total sales increased by 10.0% to $203.9 million in Q4 2025 compared to $185.4 million in Q4 2024[15]. - Life insurance sales in Colonial Life segment rose by 22.1% to $54.7 million in Q4 2025 from $44.8 million in Q4 2024[15]. - The Closed Block segment reported a 15.9% decline in total operating revenue for Q4 2025, totaling $445.6 million, and a 9.1% decline for the year to $1,892.0 million[28]. - The Voluntary Benefits segment achieved premium income of $227.2 million for Q4 2025, a 6.5% increase from $214.1 million in Q4 2024[41]. Operational Efficiency - The adjusted operating return on equity for Unum US was 22.6% for the year ended December 31, 2025, down from 25.2% in 2024[70]. - Adjusted operating income for Unum US was $289.7 million in Q4 2025, down from $333.2 million in Q4 2024, with an adjusted operating income ratio of 16.6% compared to 19.4% in the previous year[35]. - The benefit ratio for Unum US was 61.1% in Q4 2025, slightly higher than 59.5% in Q4 2024, indicating an increase in policy benefits relative to premium income[35]. - The benefit ratio for Group Life was 64.8% for Q4 2025, a slight improvement from 66.7% in Q4 2024[39]. - The Adjusted Operating Income Ratio for the year ended December 31, 2025, was 15.5%, down from 17.5% in 2024[41]. Future Outlook - The company plans to continue focusing on market expansion and new product development to drive future growth[27]. - The company plans to exclude the results of the Closed Block segment from future after-tax adjusted operating income calculations starting in 2026[86]. - A reinsurance agreement with Fortitude Re, effective January 2025, reinsures approximately 21% of total Closed Block long-term care future policy benefits and 15% of Unum US individual disability future policy benefits[59].

Core Viewpoint - Unum Group (NYSE:UNM) is set to release its quarterly earnings on February 5, 2026, with analysts closely monitoring its financial performance, particularly in light of projected earnings growth despite challenges in investment income [1][2]. Financial Performance Estimates - Analysts estimate that UNM will report earnings per share (EPS) of $2.11, reflecting a 3.9% increase from the previous year [2][6]. - Revenue for the quarter is projected to be approximately $3.29 billion, marking a 1.4% rise compared to the same period last year, supported by a 1.7% increase in premium income due to favorable persistency and improved sales trends [2]. Consensus and Market Reactions - There has been a slight downward revision of 0.4% in the consensus EPS estimate over the past month, which may influence investor reactions and impact short-term stock price performance [3]. Valuation Metrics - UNM's price-to-earnings (P/E) ratio is approximately 14.35, indicating the market's valuation of its earnings [4][6]. - The price-to-sales ratio stands at about 0.99, suggesting that investors are paying less than one dollar for every dollar of sales [4]. - The enterprise value to sales ratio is around 1.26, reflecting the company's total valuation relative to its sales [4]. Cash Flow and Debt Metrics - The enterprise value to operating cash flow ratio is approximately 19.98, providing insight into how the market values UNM's cash-generating ability [5]. - The earnings yield is about 6.97%, indicating the return on investment for shareholders [5]. - UNM maintains a relatively low debt-to-equity ratio of approximately 0.34, and the current ratio is around 2.33, indicating that the company has more than twice the current assets needed to cover its current liabilities [5].

Wall Street analysts forecast that Unum (UNM) will report quarterly earnings of $2.11 per share in its upcoming release, pointing to a year-over-year increase of 3.9%. It is anticipated that revenues will amount to $3.27 billion, exhibiting an increase of 1.4% compared to the year-ago quarter.Over the last 30 days, there has been a downward revision of 0.4% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their i ...

Key Takeaways UNM is expected to post higher Q4 revenues and earnings, with sales expected to rise 1.4% year over year.Premium income is projected to grow 1.7%, supported by favorable persistency and better sales trends.Stronger results at Unum U.S., Colonial Life and International may offset lower net investment income.Unum Group (UNM) is expected to register an improvement in its top and bottom lines when it reports fourth-quarter 2025 results on Feb. 5, after the closing bell.The Zacks Consensus Estimate ...

Core Viewpoint - Unum Group will present its business strategy and future growth prospects at the UBS Financial Services Conference on February 9, 2026 [2]. Company Overview - Unum Group (NYSE: UNM) is a leading international provider of workplace benefits and services, operating for over 175 years [3]. - The company offers a range of insurance products including disability, life, accident, critical illness, dental, and vision insurance, as well as leave and absence management support and behavioral health services [3]. - In 2024, Unum Group reported revenues of $12.9 billion and paid out $8.0 billion in benefits [3]. - The company is recognized as one of the World's Most Ethical Companies by Ethisphere® [3].

Group 1 - Unum Group (NYSE:UNM) is recognized as one of the 14 Best Mid Cap Dividend Aristocrat Stocks to buy currently [1] - Barclays has raised its price target for Unum Group to $96 from $94, maintaining an Overweight rating, citing strong capital positions and solid cash flow generation as positive factors [2] - The life insurance industry is expected to benefit from consolidation, which may help mitigate pressures from spread compression and increased technology spending as the industry approaches 2026 [2] Group 2 - Unum Group's board has approved a new share repurchase authorization of up to $1 billion, effective January 1, 2026, following the expiration of the current buyback program on December 31, 2025 [3] - The company provides a range of workplace benefits and related services, including disability, life, accident, critical illness, dental, and vision coverage, through its Unum and Colonial Life brands [4]

Core Viewpoint - Unum Group is set to release its fourth quarter 2025 results on February 5, 2026, at approximately 4:15 p.m. ET, with a subsequent conference call scheduled for February 6, 2026, at 8:00 a.m. ET to discuss the results and outlook for 2026 [1]. Financial Information - The earnings release and financial supplement will be accessible in the investors section of Unum Group's website [1].