Alert: New Earnings Report (4/30/24)-Unum Group (NYSE: UNM).

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For its first fiscal quarter (ending March 31), Unum Group (NYSE: UNM) has reported a 13% increase in E.P.S. from $1.81 a year ago to $2.05 in the current quarter. However, this performance was $-0.09 short of the consensus estimate of $2.14. For the latest four quarters through March 31, E.P.S. were $6.77 versus $7.65 for the same period a year ago — a decline of -12%.

Recent Price Action

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Unum Group (NYSE: UNM) stock declined slightly by -0.6% on 4/30/24. The stock closed at $50.70. This decline was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has declined -2.1% 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 B (Positive). 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, with the Positive Value Trend Rating the result.

Rating Review

In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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