Unum Group
Market Cap
US$3.8b
Last Updated
2020/10/19 06:07 UTC
Data Sources
Company Financials +
Executive Summary
Unum Group, together with its subsidiaries, provides financial protection benefit solutions in the United States, the United Kingdom, Poland, and internationally. More Details
Rewards
Risk Analysis
UNM passed our risk checks.
Snowflake Analysis
Very undervalued 6 star dividend payer.
Similar Companies
Share Price & News
How has Unum Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: UNM has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-2.4%
UNM
-2.2%
US Insurance
-0.7%
US Market
1 Year Return
-35.4%
UNM
-13.3%
US Insurance
19.9%
US Market
Return vs Industry: UNM underperformed the US Insurance industry which returned -13.3% over the past year.
Return vs Market: UNM underperformed the US Market which returned 19.9% over the past year.
Shareholder returns
| UNM | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.4% | -2.2% | -0.7% |
| 30 Day | 2.1% | 1.8% | 5.8% |
| 90 Day | 4.8% | 0.4% | 8.3% |
| 1 Year | -31.8%-35.4% | -10.9%-13.3% | 22.7%19.9% |
| 3 Year | -60.4%-64.4% | 0.2%-7.1% | 43.5%33.9% |
| 5 Year | -35.0%-44.1% | 37.4%20.1% | 86.9%65.8% |
Price Volatility Vs. Market
How volatile is Unum Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Unum Group (NYSE:UNM) Could Be A Buy For Its Upcoming Dividend3 months ago | Simply Wall St
How Should Investors Feel About Unum Group's (NYSE:UNM) CEO Remuneration?4 months ago | Simply Wall St
What Is Unum Group's (NYSE:UNM) P/E Ratio After Its Share Price Rocketed?Valuation
Is Unum Group undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: UNM ($18.65) is trading below our estimate of fair value ($68.98)
Significantly Below Fair Value: UNM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: UNM is good value based on its PE Ratio (4x) compared to the US Insurance industry average (14.7x).
PE vs Market: UNM is good value based on its PE Ratio (4x) compared to the US market (19x).
Price to Earnings Growth Ratio
PEG Ratio: UNM is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: UNM is good value based on its PB Ratio (0.4x) compared to the US Insurance industry average (0.9x).
Next Steps
Future Growth
How is Unum Group forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
4.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UNM's forecast earnings growth (4.8% per year) is above the savings rate (2.2%).
Earnings vs Market: UNM's earnings (4.8% per year) are forecast to grow slower than the US market (22.1% per year).
High Growth Earnings: UNM's earnings are forecast to grow, but not significantly.
Revenue vs Market: UNM's revenue (1.5% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: UNM's revenue (1.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: UNM's Return on Equity is forecast to be low in 3 years time (9.7%).
Next Steps
Past Performance
How has Unum Group performed over the past 5 years?
5.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UNM has high quality earnings.
Growing Profit Margin: UNM's current net profit margins (8.1%) are higher than last year (4.5%).
Past Earnings Growth Analysis
Earnings Trend: UNM's earnings have grown by 5.1% per year over the past 5 years.
Accelerating Growth: UNM's earnings growth over the past year (81.3%) exceeds its 5-year average (5.1% per year).
Earnings vs Industry: UNM earnings growth over the past year (81.3%) exceeded the Insurance industry -3.3%.
Return on Equity
High ROE: UNM's Return on Equity (9.1%) is considered low.
Next Steps
Financial Health
How is Unum Group's financial position?
Financial Position Analysis
Short Term Liabilities: UNM's short term assets ($10.0B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: UNM's short term assets ($10.0B) do not cover its long term liabilities ($57.4B).
Debt to Equity History and Analysis
Debt Level: UNM's debt to equity ratio (34.8%) is considered satisfactory.
Reducing Debt: UNM's debt to equity ratio has increased from 32.7% to 34.8% over the past 5 years.
Debt Coverage: UNM's debt is well covered by operating cash flow (44.9%).
Interest Coverage: UNM's interest payments on its debt are well covered by EBIT (7.7x coverage).
Balance Sheet
Next Steps
Dividend
What is Unum Group current dividend yield, its reliability and sustainability?
6.11%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: UNM's dividend (6.11%) is higher than the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: UNM's dividend (6.11%) is in the top 25% of dividend payers in the US market (4.66%)
Stability and Growth of Payments
Stable Dividend: UNM's dividends per share have been stable in the past 10 years.
Growing Dividend: UNM's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (24.2%), UNM's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: UNM's dividends in 3 years are forecast to be well covered by earnings (22.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.3yrs
Average management tenure
CEO
Rick McKenney (51 yo)
5.42yrs
Tenure
US$9,727,186
Compensation
Mr. Richard Paul McKenney, also known as Rick, has been the President of Unum Group since April 01, 2015 and has been its Chief Executive Officer since May 2015. Mr. McKenney is responsible for evaluating ...
CEO Compensation Analysis
Compensation vs Market: Rick's total compensation ($USD9.73M) is above average for companies of similar size in the US market ($USD5.61M).
Compensation vs Earnings: Rick's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.42yrs | US$9.73m | 0.22% $ 8.5m | |
| Executive VP & CFO | 1.25yrs | US$1.22m | 0.0056% $ 211.5k | |
| Executive VP & COO | 0.67yr | US$3.01m | 0.045% $ 1.7m | |
| Executive VP & General Counsel | 5.75yrs | US$1.90m | 0.025% $ 957.1k | |
| Executive VP of Voluntary Benefits & President of Colonial Life | 8.17yrs | US$2.19m | 0.017% $ 634.4k | |
| Executive VP & Chief Investment Officer | 1yr | no data | 0.0025% $ 93.4k | |
| Senior VP & Chief Accounting Officer | 0.67yr | no data | 0.0016% $ 61.9k | |
| Executive VP and Chief Information & Digital Officer | 2.58yrs | no data | 0.0046% $ 174.6k | |
| Senior Vice President of Investor Relations | no data | no data | no data | |
| Senior Vice President of Corporate Communications | 5.92yrs | no data | no data | |
| Executive Vice President of People & Communication | 2yrs | no data | 0.0011% $ 41.4k | |
| Senior Vice President of Corporate Marketing & Public Relations | no data | no data | no data |
2.3yrs
Average Tenure
52.5yo
Average Age
Experienced Management: UNM's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.42yrs | US$9.73m | 0.22% $ 8.5m | |
| Independent Non-Executive Chairman | 3.42yrs | US$492.98k | 0.032% $ 1.2m | |
| Independent Director | 5.67yrs | US$289.98k | 0.0093% $ 352.3k | |
| Independent Director | 15.92yrs | US$315.01k | 0.0051% $ 193.6k | |
| Independent Director | 8.17yrs | US$305.01k | 0.019% $ 713.3k | |
| Independent Director | 6.92yrs | US$305.01k | 0.0014% $ 54.3k | |
| Independent Director | 1.67yrs | US$284.99k | 0.000040% $ 1.5k | |
| Independent Director | 5.25yrs | US$285.01k | 0.0055% $ 209.2k | |
| Independent Director | 2.67yrs | US$280.01k | 0.0048% $ 183.0k | |
| Independent Director | 6.25yrs | US$315.01k | 0.012% $ 459.4k | |
| Independent Director | 4.5yrs | US$304.98k | no data |
5.5yrs
Average Tenure
61yo
Average Age
Experienced Board: UNM's board of directors are considered experienced (5.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: UNM insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Unum Group's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Unum Group
- Ticker: UNM
- Exchange: NYSE
- Founded: 1848
- Industry: Life and Health Insurance
- Sector: Insurance
- Market Cap: US$3.796b
- Shares outstanding: 203.56m
- Website: https://www.unum.com
Number of Employees
Location
- Unum Group
- 1 Fountain Square
- Chattanooga
- Tennessee
- 37402
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| UNM | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jul 1999 |
| UUM | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jul 1999 |
| UUM | MUN (Boerse Muenchen) | Yes | Common Stock | DE | EUR | Jul 1999 |
| 0LJN | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jul 1999 |
| U1NM34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 1 REPR 1 COM | BR | BRL | Jan 2020 |
Biography
Unum Group, together with its subsidiaries, provides financial protection benefit solutions in the United States, the United Kingdom, Poland, and internationally. It operates through Unum US, Unum Internat ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/19 06:07 |
| End of Day Share Price | 2020/10/16 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.