After Hours
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Unum Group (UNM) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.76, or 1.67%, to $46.34. The Unum Group has recorded 8,950 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Unum Highlights Strong Performance at Annual Meeting.
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Stocks Info
UNM belongs to the Financial sector of the NYSE while operating in the Insurance – Life industry. At the end of the last regular session, the stock closed at $45.58 and fluctuated between $45.67 as its day high and $44.82 as its day low. The current market capitalization of Unum Group is $9.00B. A total of 0.81 million shares were traded on the day, compared to an average of 1.73M shares.
Insider Activity
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, UNM has seen 13 BUY and 37 SELL insider trades, representing the acquisition of 226,599 and the disposition of 149,854 shares. Over the last 12 months, there were 38 BUYs and 51 SELLs from insiders. Insiders purchased 741,879 shares during that period but sold 379,530.
In the most recent transaction, Bhasin Puneet sold 14,609 shares of UNM for 46.47 per share on May 22. After the transaction, the EVP, Chief Info & Digital Off. now owns 62,506 company shares. In a previous transaction on May 08, Pyne Christopher W sold 5,579 shares at 44.82 per share. UNM shares that EVP, Group Benefits owns now total 50,084.
Among the insiders who sold shares, Rice Walter Lynn JR disposed of 2,800 shares on May 08 at a per-share price of $44.71. This resulted in the SVP, Chief Accounting Officer holding 7,119 shares of UNM after the transaction. In another insider transaction, Simonds Michael Q sold 18,000 shares at $43.72 per share on May 05. Company shares held by the EVP, Chief Operating Officer now total 222,088.
Dividend
Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Unum Group pays an annual dividend of $1.32, resulting in a dividend yield of 2.90%, and it has a price to earnings (P/E) ratio of 7.01. UNM’s most recent ex-dividend date was 4/27/2023 when it declared a $0.33 quarterly dividend that was paid in cash on 5/19/2023. Previously, the company paid the dividend on 2/17/2023 with an ex-dividend date of 1/26/2023. The UNM stock dividend was $0.33 per share in cash.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for UNM in the last 3 months, the mean price target is $50.60 with high estimates of $59.00 and low estimates of $46.00. In terms of 52-week highs and lows, UNM has a high of $46.99 and a low of $31.11.
As of this writing, UNM has an earnings estimate of $1.84 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $1.93 per share and a lower estimate of $1.68. The company reported an EPS of $1.43 in the last quarter, which was -2.70% lower than expectations of $1.47.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. UNM’s latest balance sheet shows that the firm has $1.46B in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $46.26, while its Total Shareholder’s Equity was $11.42B.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for UNM is Buy with a score of 3.85.
