Unum Group (UNM) Earning Somewhat Favorable News Coverage, Analysis Finds

News coverage about Unum Group (NYSE:UNM) has been trending somewhat positive recently, according to Alpha One Sentiment Analysis. The research firm, a subsidiary of Accern, identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Unum Group earned a news sentiment score of 0.10 on Alpha One’s scale. Alpha One also gave news headlines about the financial services provider an impact score of 27 out of 100, indicating that recent news coverage is unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the news headlines that may have effected AlphaOne Sentiment Analysis’s analysis:

UNM has been the topic of a number of research analyst reports. Citigroup Inc initiated coverage on shares of Unum Group in a research note on Thursday, January 26th. They issued a “buy” rating and a $52.00 price target on the stock. Barclays PLC reissued a “buy” rating and issued a $56.00 price target on shares of Unum Group in a research note on Sunday, February 19th. Royal Bank of Canada reissued a “hold” rating and issued a $50.00 price target on shares of Unum Group in a research note on Friday, April 28th. Deutsche Bank AG lifted their price target on shares of Unum Group from $46.00 to $48.00 and gave the company a “hold” rating in a research note on Wednesday, April 19th. Finally, FBR & Co reissued a “sell” rating on shares of Unum Group in a research note on Thursday, February 2nd. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $43.55.

Unum Group (NYSE:UNM) traded up 0.51% on Friday, hitting $45.49. The stock had a trading volume of 1,067,844 shares. The stock’s 50 day moving average is $46.14 and its 200 day moving average is $45.18. Unum Group has a one year low of $29.79 and a one year high of $50.27. The stock has a market cap of $10.38 billion, a price-to-earnings ratio of 11.17 and a beta of 1.54.

Unum Group (NYSE:UNM) last issued its quarterly earnings results on Wednesday, April 26th. The financial services provider reported $1.02 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.02. Unum Group had a return on equity of 10.18% and a net margin of 8.43%. The business had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $2.84 billion. During the same quarter in the previous year, the company posted $0.94 earnings per share. Unum Group’s revenue for the quarter was up 3.0% compared to the same quarter last year. Analysts anticipate that Unum Group will post $4.10 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, May 19th. Stockholders of record on Friday, April 28th were issued a dividend of $0.20 per share. The ex-dividend date was Wednesday, April 26th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.76%. Unum Group’s dividend payout ratio is 20.20%.

In other Unum Group news, EVP Michael Q. Simonds sold 5,000 shares of the business’s stock in a transaction dated Friday, May 5th. The stock was sold at an average price of $46.61, for a total value of $233,050.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Timothy Gerald Arnold sold 2,000 shares of the business’s stock in a transaction dated Monday, March 13th. The shares were sold at an average price of $48.54, for a total value of $97,080.00. The disclosure for this sale can be found here. Insiders have sold 7,260 shares of company stock worth $342,204 in the last quarter. 0.62% of the stock is currently owned by corporate insiders.

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Unum Group Company Profile

Unum Group is a provider of financial protection benefits in the United States and the United Kingdom. The Company’s products include disability, life, accident, critical illness, dental and vision, and other related services. Its segments include Unum US, Unum UK, Colonial Life, Closed Block and Corporate.

12 Month Chart for NYSE:UNM

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