As of Thursday close, Unum Group’s (NYSE:UNM) stock was up $0.84, moving up 1.71 percent to $49.97. The average number of shares traded per day over the past five days has been 1,535,840 shares. 4 times new highs have been achieved over the past 5 days, with a $1.00 gain in that time frame. In the last twenty days, the average volume was 1,117,520, while in the previous 50 days, it was 1,034,496.
Since last month, UNM stock rose 3.31%. Shares of the company fell to $47.58 on 09/08/23, the lowest level in the past month. A 52-week high of $51.15 was reached on 08/04/23 after having rallying from a 52-week low of $36.27. Since the beginning of this year, UNM’s stock price has risen by 21.79% or $8.94, and marked a new high 23 times. However, the stock has declined by -2.31% since its 52-week high.
UNM stock investors should be aware that Unum Group (UNM) stock had its last reported insider trading activity 38 days ago on Aug 15. Pyne Christopher W, the EVP, Group Benefits of the company, disposed of 3,750 shares for $49.02 on Aug 15. It resulted in a $183,844 divestment by the insider. Arnold Timothy Gerald sold 20,000 shares at an average price of $50.00 on Aug 03. The insider now owns 72,061 shares following the transaction. On Jun 02, EVP, VB & President, Colonial Arnold Timothy Gerald sold 10,000 shares at $45.00 apiece. The transaction was valued at $450,000.
Valuation Metrics
Right now, Unum Group (UNM) has a P/E ratio of about 6.93. The stock’s beta is 1.07. Besides these, the trailing price-to-sales (P/S) ratio of 0.81, the price-to-book (PB) ratio of 1.07, and the price-to-cash flow ratio of 10.02 may also be considered.
The latest dividend of $0.3650 per share was paid out, which is 10.61% more than last year’s $0.33. On Friday July 14 2023, a $0.0350 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.37, and the total debt-to-equity ratio was 0.37. In the recent year, operating margins totaled 16.60%.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 12.40%. Return on equity (ROE) for the past 12 months was 16.10%.
UNM’s revenue rose 2.29% to $3.04 billion during the quarter, while net income inched up to $3.11 billion. The value of shareholders’ equity is $195.62 million.
Technical Picture
This quick technical analysis looks at Unum Group’s (UNM) price momentum. With a historical volatility rate of 14.01%, the RSI 9-day stood at 67.16% on 21 September.
With respect to its five-day moving average, the current Unum Group price is up by +2.04% percent or $1.00. At present, UNM shares trade +3.14% above its 20-day simple moving average and +18.41% percent above its 100-day simple moving average. However, the stock is currently trading approximately +5.00% above its SMA50 and +16.56% above its SMA200.
Stochastic coefficient K was 77.71% and Stochastic coefficient D was 62.57%, while ATR was 0.79. Given the Stochastic reading of 90.36% for the 14-day period, the RSI (14) reading has been calculated as 61.64%. As of today, the MACD Oscillator reading stands at 0.60, while the 14-day reading stands at 0.68.
Analyst Ratings
Wells Fargo launched its rating on Unum Group (NYSE: UNM) to an Overweight in a note to investors on April 25, 2023. Unum Group (UNM) has been rated Overweight by analysts. According to 0 brokerage firms, UNM is a sell, and 8 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Unum Group stock as buy, with 6 recommending it as overweight.
With a median target price of $55.00, the current consensus forecast for the stock is $47.00 – $63.00. Based on these forecasts, analysts predict Unum Group (UNM) will achieve an average price target of $55.23.
