Alert: Rating Downgrade (3/18/24)-Unum Group (NYSE: UNM).

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Stock Rating Downgrade

Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Unum Group (NYSE: UNM) weakened in recent days. UNM’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.

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Recent Price Action

On 3/18/24, Unum Group (NYSE: UNM) stock declined slightly by -0.4%, closing at $51.91. However, trading volume in this decline was below average at 74% of normal. The stock has performed in line with the market over the last nine months and has risen 3.0% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, UNM is expected to continue to be an important Value Builder.

Unum Group has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Unum Group has a neutral Appreciation Score of 59 and a slightly positive Power Rating of 66, resulting in the High Neutral Value Trend Rating.

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