Q3 Earnings Forecast for Unum Group Issued By Zacks Research

Unum Group (NYSE:UNM) – Stock analysts at Zacks Research lowered their Q3 2026 EPS estimates for shares of Unum Group in a report issued on Friday, September 4th. Zacks Research analyst Team now forecasts that the financial services provider will earn $2.17 per share for the quarter, down from their previous estimate of $2.18. The consensus estimate for Unum Group’s current full-year earnings is $8.64 per share. Zacks Research also issued estimates for Unum Group’s FY2026 earnings at $8.63 EPS, Q1 2027 earnings at $2.17 EPS, Q2 2027 earnings at $2.32 EPS, FY2027 earnings at $9.36 EPS, Q1 2028 earnings at $2.48 EPS and FY2028 earnings at $10.23 EPS.

UNM has been the subject of several other reports. Wolfe Research reduced their price objective on Unum Group from $102.00 to $100.00 and set an “outperform” rating for the company in a research note on Monday, July 6th. JPMorgan Chase & Co. reduced their price target on shares of Unum Group from $101.00 to $98.00 and set a “neutral” rating for the company in a research report on Monday, August 3rd. Evercore reaffirmed an “outperform” rating and set a $106.00 price objective on shares of Unum Group in a research report on Tuesday, July 7th. Morgan Stanley increased their target price on shares of Unum Group from $87.00 to $92.00 and gave the stock an “equal weight” rating in a research report on Monday, August 24th. Finally, Atlantic Securities set a $88.00 price target on shares of Unum Group in a report on Wednesday, July 15th. Eight research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $99.42.

Unum Group Stock Performance

Shares of Unum Group stock opened at $94.11 on Wednesday. Unum Group has a 12 month low of $69.02 and a 12 month high of $96.77. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.35. The stock has a market cap of $14.90 billion, a PE ratio of 21.94, a price-to-earnings-growth ratio of 1.01 and a beta of 0.27. The business has a fifty day simple moving average of $90.02 and a 200-day simple moving average of $83.40.

Unum Group (NYSE:UNM) last posted its quarterly earnings data on Tuesday, July 28th. The financial services provider reported $2.16 earnings per share for the quarter, hitting the consensus estimate of $2.16. Unum Group had a net margin of 5.26% and a return on equity of 12.60%. The firm had revenue of $3.39 billion for the quarter, compared to analysts’ expectations of $2.90 billion. During the same period in the previous year, the company posted $1.92 EPS. The company’s quarterly revenue was up .3% compared to the same quarter last year. Unum Group has set its FY 2026 guidance at 8.600-8.900 EPS.

Institutional Investors Weigh In On Unum Group

A number of large investors have recently bought and sold shares of UNM. RFG Advisory LLC bought a new position in Unum Group during the second quarter valued at about $203,000. NewEdge Advisors LLC lifted its position in shares of Unum Group by 10.4% in the second quarter. NewEdge Advisors LLC now owns 6,230 shares of the financial services provider’s stock worth $557,000 after buying an additional 585 shares during the last quarter. Baird Financial Group Inc. boosted its stake in shares of Unum Group by 107.4% during the 2nd quarter. Baird Financial Group Inc. now owns 15,016 shares of the financial services provider’s stock worth $1,342,000 after acquiring an additional 7,775 shares in the last quarter. Allworth Financial LP boosted its stake in shares of Unum Group by 35.2% during the 2nd quarter. Allworth Financial LP now owns 5,588 shares of the financial services provider’s stock worth $500,000 after acquiring an additional 1,455 shares in the last quarter. Finally, West Family Investments Inc. acquired a new position in shares of Unum Group during the 2nd quarter valued at about $247,000. 86.57% of the stock is currently owned by institutional investors.

Unum Group declared that its Board of Directors has authorized a share buyback plan on Wednesday, August 26th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the financial services provider to purchase up to 7% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Unum Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Friday, July 24th were paid a $0.505 dividend. This represents a $2.02 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Friday, July 24th. This is a boost from Unum Group’s previous quarterly dividend of $0.46. Unum Group’s dividend payout ratio (DPR) is presently 47.09%.

About Unum Group

Unum Group (NYSE: UNM) is a leading provider of employee benefits in the United States and selected international markets, specializing in disability, life, accident and critical illness insurance. Through both fully insured and self-funded arrangements, the company offers group coverage designed to protect income and mitigate financial hardship for employees and their families. Its portfolio includes short-term and long-term disability plans, group life and accidental death & dismemberment (AD&D) policies, as well as critical illness and hospital indemnity products.

In addition to its core product lines, Unum Group markets voluntary benefits under its Colonial Life brand, allowing employees to purchase supplemental insurance such as accident, cancer, and dental coverage directly through payroll deductions.