Unum(UNM)

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Unum (UNM) Upgraded to Buy: Here's Why
ZACKS· 2024-08-26 17:01
Unum (UNM) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Individual investor ...
Is Unum Group (UNM) Stock Undervalued Right Now?
ZACKS· 2024-08-26 14:46
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find compani ...
Reasons Why Investors Should Retain Unum Group (UNM) Now
ZACKS· 2024-08-09 15:15
Unum Group (UNM) has been favored by investors on the back of favorable sales trends and risk experience, strong persistency, an improving rate environment and a solid capital position. Optimistic Growth Projections The Zacks Consensus Estimate for Unum Group's 2024 earnings per share indicates an increase of 9.2% from the year-ago reported number. The consensus estimate for revenues is pegged at $12.96 billion, implying a yearover-year improvement of 4.3%. The consensus estimate for 2025 earnings per share ...
Why Unum (UNM) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-08-02 14:56
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? Develop ...
Should Value Investors Buy Unum Group (UNM) Stock?
ZACKS· 2024-08-02 14:46
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being u ...
Unum(UNM) - 2024 Q2 - Quarterly Report
2024-07-31 20:09
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, $0.10 par value UNM New York Stock Exchange 6.250% Junior Subordinated Notes due 2058 UNMA New York Stock Exchange FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2024 ☐ Transition R ...
Unum(UNM) - 2024 Q2 - Earnings Call Transcript
2024-07-31 15:39
Unum Group (NYSE:UNM) Q2 2024 Earnings Conference Call July 31, 2024 8:00 AM ET Company Participants Matt Royal - SVP, IR Rick McKenney - President & CEO Steve Zabel - CFO Tim Arnold - EVP, Voluntary Benefits & President-Colonial Life Chris Pyne - EVP, Group Benefits Mark Till - CEO, Unum International Conference Call Participants Ryan Krueger - KBW Suneet Kamath - Jefferies Joel Hurwitz - Dowling & Partners Elyse Greenspan - Wells Fargo John Barnidge - Piper Sandler Jimmy Bhullar - J.P. Morgan Tom Gallaghe ...
Unum Group (UNM) Q2 Earnings Top Estimates, Revenues Rise Y/Y
ZACKS· 2024-07-31 15:26
Unum Group's (UNM) second-quarter 2024 operating net income of $2.16 per share beat the Zacks Consensus Estimate by 6.9%. The bottom line increased 4.8% year over year. The quarterly results reflected favorable recoveries in the group long-term disability product line, in-force block growth, higher sales, premium growth and improved persistency. Favorable benefit experience in the product lines also added to the upside. Total operating revenues of Unum Group were $3.2 billion, up 4.2% year over year, driven ...
Unum (UNM) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-07-31 00:30
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Other Expense Ratio - Unum US Supplemental and Voluntary : 47.8% versus the 11-analyst average estimate of 49.1%. For the quarter ended June 2024, Unum (UNM) reported revenue of $3.24 billion, up 4.3% over the same period last year ...
Unum (UNM) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2024-07-30 22:31
Over the last four quarters, the company has surpassed consensus EPS estimates three times. What's Next for Unum? This quarterly report represents an earnings surprise of 6.93%. A quarter ago, it was expected that this insurance company would post earnings of $1.97 per share when it actually produced earnings of $2.12, delivering a surprise of 7.61%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on manage ...