The Question Is Whether To Buy Or Not To Buy Unum Group (NYSE: UNM)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that Unum Group to present at the 2024 UBS Financial Services Conference.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

Unum Group is listed on the NYSE as a member of the Financial sector and is a part of the Insurance – Life industry. The current market capitalization of Unum Group is $9.67B. A total of 1.48 million shares were traded on the day, compared to an average of 1.49M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, UNM has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 17 BUYs and 8 SELLs from insiders. Insiders purchased 57,945 shares during that period but sold 79,738.

In the most recent transaction, IGLESIAS LISA G sold 16,000 shares of UNM for 50.00 per share on Mar 05. After the transaction, the EVP, General Counsel now owns 40,840 company shares. In a previous transaction on Mar 01, McKenney Richard P sold 50,000 shares at 49.15 per share. UNM shares that President and CEO owns now total 1,076,753.

Among the insiders who sold shares, Ahmed Elizabeth Claire disposed of 5,000 shares on Feb 23 at a per-share price of $50.00. This resulted in the EVP, People & Communications holding 55,450 shares of UNM after the transaction. In another insider transaction, Bhasin Puneet sold 8,188 shares at $42.39 per share on Nov 29. Company shares held by the EVP, Chief Info & Digital Off. now total 54,318.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Unum Group pays an annual dividend of $1.43, resulting in a dividend yield of 2.82%, and it has a price to earnings (P/E) ratio of 7.77. UNM’s most recent ex-dividend date was 1/25/2024 when it declared a $0.3650 quarterly dividend that was paid in cash on 2/16/2024. Previously, the company paid the dividend on 11/17/2023 with an ex-dividend date of 10/26/2023. The UNM stock dividend was $0.3650 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, UNM has a high of $52.15 and a low of $36.27.

As of this writing, UNM has an earnings estimate of $1.98 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $2.02 per share and a lower estimate of $1.94. The company reported an EPS of $1.94 in the last quarter, which was 1.00% higher than expectations of $1.92.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. UNM’s latest balance sheet shows that the firm has $44.80B in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $49.91, while its Total Shareholder’s Equity was $11.42B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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 4.00.

Most Popular

Related Posts