| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 2/6 |
| Past Performance | 1/6 |
| Financial Health | 4/6 |
| Dividends | 6/6 |
UNM Overview
Unum Group, together with its subsidiaries, provides financial protection benefit solutions primarily in the United States, the United Kingdom, and Poland.
Unum Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$24.34 |
| 52 Week High | US$15.93 |
| 52 Week Low | US$31.98 |
| Beta | 1.71 |
| 1 Month Change | -10.12% |
| 3 Month Change | -14.33% |
| 1 Year Change | 47.96% |
| 3 Year Change | -37.70% |
| 5 Year Change | -31.07% |
| Change since IPO | -55.54% |
Recent News & Updates
Unum - Buy It Cheap Due To LTC And COVID-19
Unum reported yesterday and promptly fell despite improving guidance and delivering good results. I quickly unlocked and deployed capital with the precision of a missile strike, locking in a 4.8% well-covered yield for the foreseeable future. Unum could drop more - or not. Either way, at $24-27/share, the company is trading low enough to warrant a "BUY". You should most definitely take a look at the company here.
Unum Group's (NYSE:UNM) Upcoming Dividend Will Be Larger Than Last Year's
Unum Group's ( NYSE:UNM ) dividend will be increasing to US$0.30 on 20th of August. This will take the dividend yield...
Shareholder Returns
| UNM | US Insurance | US Market | |
|---|---|---|---|
| 7D | 0.3% | 0.3% | 0.1% |
| 1Y | 48.0% | 42.2% | 35.3% |
Return vs Industry: UNM exceeded the US Insurance industry which returned 42.2% over the past year.
Return vs Market: UNM exceeded the US Market which returned 35.3% over the past year.
Price Volatility
| UNM volatility | |
|---|---|
| UNM Beta | 1.71 |
| Industry Beta | 0.97 |
| Market Beta | 1 |
Stable Share Price: UNM is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: UNM's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1848 | 10,500 | Rick McKenney | https://www.unum.com |
Unum Group, together with its subsidiaries, provides financial protection benefit solutions primarily in the United States, the United Kingdom, and Poland. It operates through Unum US, Unum International, Colonial Life, and Closed Block segments. The company offers group long-term and short-term disability, group life, and accidental death and dismemberment products; supplemental and voluntary products, such as individual disability, voluntary benefits, and dental and vision products; and accident, sickness, disability, life, and cancer and critical illness products.
Unum Group Fundamentals Summary
| UNM fundamental statistics | |
|---|---|
| Market Cap | US$4.97b |
| Earnings (TTM) | US$702.40m |
| Revenue (TTM) | US$13.33b |
7.1x
P/E Ratio0.4x
P/S RatioIs UNM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| UNM income statement (TTM) | |
|---|---|
| Revenue | US$13.33b |
| Cost of Revenue | US$10.23b |
| Gross Profit | US$3.10b |
| Expenses | US$2.40b |
| Earnings | US$702.40m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.44 |
| Gross Margin | 23.27% |
| Net Profit Margin | 5.27% |
| Debt/Equity Ratio | 31.4% |
How did UNM perform over the long term?
See historical performance and comparisonDividends
4.9%
Current Dividend Yield34%
Payout RatioValuation
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 ($24.34) is trading below our estimate of fair value ($82.91)
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 (7.1x) compared to the US Insurance industry average (9.5x).
PE vs Market: UNM is good value based on its PE Ratio (7.1x) compared to the US market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: UNM is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: UNM is good value based on its PB Ratio (0.5x) compared to the US Insurance industry average (1.1x).
Future Growth
How is Unum Group forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
17.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UNM's forecast earnings growth (17.2% per year) is above the savings rate (2%).
Earnings vs Market: UNM's earnings (17.2% per year) are forecast to grow faster than the US market (15% per year).
High Growth Earnings: UNM's earnings are forecast to grow, but not significantly.
Revenue vs Market: UNM's revenue is expected to decline over the next 3 years (-0.1% per year).
High Growth Revenue: UNM's revenue is forecast to decline over the next 3 years (-0.1% 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 (9.6%).
Past Performance
How has Unum Group performed over the past 5 years?
-2.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UNM has high quality earnings.
Growing Profit Margin: UNM's current net profit margins (5.3%) are lower than last year (8.1%).
Past Earnings Growth Analysis
Earnings Trend: UNM's earnings have declined by 2.7% per year over the past 5 years.
Accelerating Growth: UNM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: UNM had negative earnings growth (-27.2%) over the past year, making it difficult to compare to the Insurance industry average (76%).
Return on Equity
High ROE: UNM's Return on Equity (6.4%) is considered low.
Financial Health
How is Unum Group's financial position?
Financial Position Analysis
Short Term Liabilities: UNM's short term assets ($15.4B) exceed its short term liabilities ($595.7M).
Long Term Liabilities: UNM's short term assets ($15.4B) do not cover its long term liabilities ($59.3B).
Debt to Equity History and Analysis
Debt Level: UNM's debt to equity ratio (31.4%) is considered satisfactory.
Reducing Debt: UNM's debt to equity ratio has reduced from 37.1% to 31.4% over the past 5 years.
Debt Coverage: UNM's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: UNM's interest payments on its debt are well covered by EBIT (6.2x coverage).
Balance Sheet
Dividend
What is Unum Group current dividend yield, its reliability and sustainability?
4.93%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: UNM's dividend (4.93%) is higher than the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: UNM's dividend (4.93%) is in the top 25% of dividend payers in the US market (3.6%)
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 reasonably low payout ratio (33.6%), 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 (24.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.2yrs
Average management tenure
CEO
Rick McKenney (52 yo)
6.33yrs
Tenure
US$13,258,738
Compensation
Mr. Richard Paul McKenney, also known as Rick, has been the President of Unum Group since April 01, 2015 and has been its Chief Executive Officer since May 2015. Mr. McKenney is responsible for evaluating...
CEO Compensation Analysis
Compensation vs Market: Rick's total compensation ($USD13.26M) is above average for companies of similar size in the US market ($USD6.40M).
Compensation vs Earnings: Rick's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
Experienced Management: UNM's management team is considered experienced (3.2 years average tenure).
Board Members
Experienced Board: UNM's board of directors are considered experienced (6.4 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 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$4.975b
- Shares outstanding: 204.39m
- Website: https://www.unum.com
Number of Employees
Location
- Unum Group
- 1 Fountain Square
- Chattanooga
- Tennessee
- 37402
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/26 22:21 |
| End of Day Share Price | 2021/09/24 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.