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. Zacks Premium also includes the Zacks Style Scores. The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the ne ...

Zacks Consensus Estimate Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. So, ...

Company Overview - Unum (UNM) is based in Chattanooga and operates in the Finance sector, with shares experiencing an 18.6% price change this year [2] - The company currently pays a dividend of $0.37 per share, resulting in a dividend yield of 2.72%, which is higher than the Insurance - Accident and Health industry's yield of 2.16% and the S&P 500's yield of 1.53% [2] Earnings and Growth - For the fiscal year 2024, the Zacks Consensus Estimate for Unum's earnings is projected at $8.25 per share, indicating a year-over-year growth rate of 7.70% [3] - Unum's current annualized dividend of $1.46 has increased by 5% from the previous year, with an average annual increase of 6.37% over the last five years [5] Dividend Policy - The company's current payout ratio is 18%, meaning it distributes 18% of its trailing 12-month earnings per share as dividends [5] - Unum has increased its dividend four times on a year-over-year basis over the last five years, reflecting a commitment to returning value to shareholders [5] Investment Perspective - Unum is considered a compelling investment opportunity due to its strong dividend profile and growth potential, currently holding a Zacks Rank of 3 (Hold) [6] - The company is positioned as a more secure dividend option compared to high-growth firms or tech start-ups, which typically do not offer dividends [6]

Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days. Growth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time. The Zacks Rank is a pr ...

About Unum Group Visit the Unum Group newsroom for more information, and connect with us on LinkedIn, Facebook and Instagram. CHATTANOOGA, Tenn., July 12, 2024 /PRNewswire/ -- Effective July 12, 2024, the Unum Group (NYSE:UNM) Board of Directors declared a quarterly dividend of $0.420 per share on its common stock to be paid August 16, 2024, to stockholders of record as of July 26, 2024. Unum Group (NYSE: UNM), a leading international provider of workplace benefits and services, has been helping workers and ...

Stocks to Consider Amynta Group is a leading insurance services provider. Following its acquisition, the stop-loss business will operate as a full-service managing general underwriter under Amynta Risk Solutions. The addition of Unum's Medical Stop Loss business will enhance Amynta Group's product portfolio and help it serve clients better with comprehensive solutions. The Zacks Consensus Estimate for PRA's 2024 and 2025 earnings suggests 371.4% and 72.6% year-over-year growth, respectively. John Doucette, ...

"We are pleased to enter into an agreement to sell our Stop Loss operations to Amynta," said Marco Forato, senior vice president and chief strategy officer at Unum Group. "This transaction places the future of the Stop Loss business in capable hands and poised for strong growth while enabling Unum to continue its focus on key enterprise priorities." Piper Sandler & Co. served as financial advisor and Faegre Drinker Biddle & Reath LLP served as legal advisor to Unum Group. Visit theUnum Group newsroomfor mor ...

Core Insights - Unum Group's financial performance shows strong results from its core units, with group life and accidental death and disability returning to pre-pandemic trends, leading to improved profitability [3][5][6] - The Closed Block unit, while contributing significantly to the book value, is viewed as having no economic value due to its obligations in long-term care policies [3][5] - The company has a robust capital position, with a risk-based capital ratio of 440% and $1.4 billion in holding company liquidity, allowing for share buybacks and dividend increases [3][6] Financial Performance - In Q1, Unum reported adjusted EPS of $2.12, beating consensus by $0.15, with net investment income rising 1% to $514 million and core premium growth of 6.6% [5][6] - Unum US saw operating income grow by 23% to $385 million, with premiums increasing by 6.1% to $1.7 billion [3][5] - Colonial Life's operating income rose 21% to $114 million, aided by a 5% increase in investment income [3][5] Closed Block Analysis - The Closed Block unit earned $24 million in Q1, down from the previous year, with a net premium ratio of 93.8% [3][6] - Management does not expect to contribute additional capital to the Closed Block, citing $2.8 billion of excess protection [3][6] - The company aims for $200 million in rate increases for the Closed Block, with 5% achieved in Q1 [3][6] Market Position and Outlook - Unum's shares have been volatile, rising 8% over the past year, with a recent pullback providing a potential buying opportunity [4][6] - The company is targeting a price of $56 per share, which would represent an 8% capital return yield [6] - With strong free cash flow and excess liquidity, Unum is positioned for potential capital distribution and accelerated share buybacks [6]

Recent advancements in both operations and technology have delivered a next generation experience for brokers that license Employee Navigator, building further upon the strong relationship between the carrier and benefits administration platform. Unum Broker Connect for Employee Navigator is the culmination of a decade-long partnership resulting in a best-in-class integration and service model for brokers. Streamlined implementation: Quick, accurate case setup and enrollment using top-tier integration teams ...

Company Overview - Unum (UNM) is headquartered in Chattanooga and operates in the Finance sector, with a stock price change of 10% since the beginning of the year [1] - The company currently pays a dividend of $0.37 per share, resulting in a dividend yield of 2.94%, which is higher than the Insurance - Accident and Health industry's yield of 2.25% and the S&P 500's yield of 1.57% [1] Dividend Performance - Unum's annualized dividend of $1.46 has increased by 5% from the previous year, with an average annual increase of 6.40% over the last 5 years [2] - The company's current payout ratio is 18%, indicating that it paid out 18% of its trailing 12-month earnings per share as dividends [2] Earnings Growth - The Zacks Consensus Estimate for Unum's earnings in 2024 is projected to be $8.24 per share, reflecting a year-over-year earnings growth rate of 7.57% [3] Investment Appeal - Unum is considered a compelling investment opportunity due to its strong dividend performance and a Zacks Rank of 3 (Hold) [5]