Momentum Is Strong For Unum Group (NYSE: UNM)

After Hours

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. Earlier, Yahoo Finance discussed this stock as it revealed Unum Care Hub will help employers provide support for top leave and disability drivers.

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

This NYSE-listed company operates within the Insurance – Life industry segment, falling under the Financial sector. The current market capitalization of Unum Group is $10.32B. A total of 1.17 million shares were traded on the day, compared to an average of 1.47M shares.

In the most recent transaction, Zabel Steven Andrew sold 10,000 shares of UNM for 51.06 per share on Mar 13 ’24. After the transaction, the EVP, Chief Financial Officer now owns 122,246 company shares. In a previous transaction on Mar 05 ’24, IGLESIAS LISA G sold 16,000 shares at 50.00 per share. UNM shares that EVP, General Counsel owns now total 40,840.

Among the insiders who sold shares, McKenney Richard P disposed of 50,000 shares on Mar 01 ’24 at a per-share price of $49.15. This resulted in the President and CEO holding 1,076,753 shares of UNM after the transaction. In another insider transaction, Ahmed Elizabeth Claire sold 5,000 shares at $50.00 per share on Feb 23 ’24. Company shares held by the EVP, People & Communications now total 55,450.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Unum Group pays an annual dividend of $1.43, resulting in a dividend yield of 2.65%, and it has a price to earnings (P/E) ratio of 8.29. 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.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, UNM has a high of $53.97 and a low of $38.34.

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 11 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

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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

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. 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 4.08.

Most Popular

Related Posts