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 ...

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) 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 ...

Core Viewpoint - The article emphasizes the importance of value investing and highlights Unum Group (UNM) as a strong value stock based on various financial metrics. Group 1: Value Investing Insights - Value investing is a preferred strategy for identifying strong stocks, focusing on companies believed to be undervalued based on fundamental analysis [2] - Zacks has developed a Style Scores system to identify stocks with specific traits, particularly those with high grades in the "Value" category [3] Group 2: Unum Group (UNM) Financial Metrics - Unum Group (UNM) holds a Zacks Rank of 2 (Buy) and a Value grade of A, with a Forward P/E ratio of 6.21, significantly lower than the industry average of 12.84 [4] - UNM has a PEG ratio of 0.73, compared to the industry average of 1.49, indicating potential undervaluation [5] - The stock's P/B ratio is 0.96, which is favorable compared to the industry's average P/B of 1.85 [6] - UNM's P/S ratio stands at 0.8, while the industry average is 1.49, suggesting strong revenue performance relative to its price [7] - The P/CF ratio for UNM is 7.29, lower than the industry's average of 8.15, indicating an attractive valuation based on cash flow [8] Group 3: Overall Valuation Perspective - The combination of these metrics suggests that Unum Group is likely undervalued, making it one of the strongest value stocks in the market [9]

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 ...

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Core Viewpoint - Value investing remains a preferred strategy for identifying strong stocks, utilizing fundamental analysis and traditional valuation metrics to find undervalued stocks in the market [2]. Company Summary: Unum Group (UNM) - Unum Group currently has a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential as a value stock [4]. - The stock's Forward P/E ratio is 6.74, significantly lower than the industry's average Forward P/E of 12.11, suggesting it may be undervalued [4]. - UNM's Forward P/E has fluctuated between 5.33 and 6.74 over the past year, with a median of 6.10 [4]. - The company has a PEG ratio of 1.10, which is lower than the industry's average PEG of 1.60, indicating favorable growth expectations relative to its valuation [5]. - Over the last 12 months, UNM's PEG has ranged from 0.72 to 1.27, with a median of 0.84 [5]. - UNM's P/B ratio stands at 1.07, compared to the industry's average P/B of 1.88, reflecting a solid market value relative to its book value [6]. - The P/B ratio has varied between 0.85 and 1.09 over the past year, with a median of 0.98 [6]. - The P/S ratio for UNM is 0.83, which is lower than the industry's average P/S of 1.31, further supporting the notion of undervaluation [7]. - Overall, the metrics indicate that Unum Group is likely undervalued, and its strong earnings outlook positions it as one of the market's strongest value stocks [8].

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'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 ...

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 ...