Unum(UNM)

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Unum Group to release third quarter 2024 results and host conference call
Prnewswire· 2024-09-30 16:15
CHATTANOOGA, Tenn., Sept. 30, 2024 /PRNewswire/ -- Unum Group (NYSE: UNM) will release its third quarter 2024 results on October 29, 2024, at approximately 4:15 p.m. ET. The earnings release and financial supplement will be available in the investors section of the company's website, which can be directly accessed at https://investors.unum.com. Members of Unum Group's senior management will host a conference call on October 30, 2024, at 8:00 a.m. ET to discuss third quarter operations results. Topics may in ...
Unum: Core Business Strength Comes Into Greater Focus
Seeking Alpha· 2024-09-19 05:45
Group 1 - Unum Group (NYSE: UNM) shares have shown solid performance over the past year, recovering from a sell-off in late 2023 [1] - The company has successfully avoided contributing additional capital to its "closed block" business this year, which has positively impacted its stock performance [1] Group 2 - The article does not provide specific financial metrics or detailed analysis of the company's performance beyond the general recovery and capital contribution avoidance [1]
Unum (UNM) is a Top-Ranked Value Stock: Should You Buy?
ZACKS· 2024-09-18 14:46
Core Insights - Zacks Premium offers various tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores are designed to help investors identify stocks with the highest potential to outperform the market in the short term [2] Zacks Style Scores Overview - The Style Scores consist of four categories: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [3][4] - Value Score emphasizes finding undervalued stocks using financial ratios [3] - Growth Score assesses a company's financial health and future growth potential [3] - Momentum Score identifies stocks with favorable price trends and earnings outlooks [4] - VGM Score combines the three Style Scores to highlight stocks with attractive value, growth, and momentum characteristics [4] Zacks Rank and Performance - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to guide investors in stock selection [5] - Stocks rated 1 (Strong Buy) have historically produced an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [6] - There are over 800 stocks rated 1 and 2, which can make selection challenging for investors [6] Investment Strategy - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [7] - Stocks with lower ranks, even with high Style Scores, may still face declining earnings forecasts, increasing the risk of price drops [8] Company Spotlight: Unum (UNM) - Unum operates in the insurance sector, providing various insurance products and services [9] - Currently rated 3 (Hold) with a VGM Score of B, UNM has a Value Style Score of A, indicating strong valuation metrics [10] - The company has seen 11 analysts revise earnings estimates higher for fiscal 2024, with the consensus estimate rising by $0.23 to $8.48 per share [10] - UNM's average earnings surprise stands at 3%, making it a noteworthy option for investors [10]
Are Investors Undervaluing Unum Group (UNM) Right Now?
ZACKS· 2024-09-11 14:45
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional va ...
Unum Group Stock Near 52-Week High: Is This Your Buy Signal?
ZACKS· 2024-09-10 15:11
Shares of Unum Group (UNM) closed at $54.36 on Monday, near its 52-week high of $58.17. This proximity underscores investor confidence. It has the ingredients for further price appreciation. Technical indicators for Unum Group show that the stock is trading above its 50-day and 200-day moving averages, signaling strong upward momentum. Earnings of UNM grew 9% in the last five years, better than the industry average of 3.8%. The accident and health insurer has a solid surprise history. It surpassed earnings ...
Why Is Unum (UNM) Down 4% Since Last Earnings Report?
ZACKS· 2024-08-29 16:37
It has been about a month since the last earnings report for Unum (UNM) . Shares have lost about 4% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Unum due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Unum Group Q2 Earnings Top Estimates, Revenues Rise Y/Y Unum G ...
Unum Group to present at the 2024 KBW Insurance Conference
Prnewswire· 2024-08-26 20:15
CHATTANOOGA, Tenn., Aug. 26, 2024 /PRNewswire/ -- Unum Group's (NYSE: UNM) President & CEO Rick McKenney along with EVP and CFO Steve Zabel will represent the company at the 2024 KBW Insurance Conference. McKenney and Zabel are scheduled to speak at the conference at 2:50 p.m. ET on Wednesday, September 4, 2024. They will discuss the company's business strategy and future growth prospects. A live audio webcast of the presentation will be available on the Investors section of Unum's website, www.investors.un ...
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 ...