UNM Stock Summary and Trading Ideas (Unum Group | NYSE:UNM)

Unum Group is a provider of group and individual income protection insurance products in the United States, the United Kingdom, Poland, and other countries. It is the largest domestic disability insurer, with the majority of premiums generated from employer plans. The company also offers a complementary portfolio of other insurance products, including long-term care insurance, life insurance, and employer- and employee-paid group benefits. It has the following operating business segments: Unum US, Unum International, and Colonial Life. The majority of the revenue is earned from the Unum US segment. The firm markets its products primarily through brokers.

Unum Group trades on the NYSE stock market under the symbol UNM.

As of May 10, 2024, UNM stock price climbed to $53.09 with 692,710 million shares trading.

UNM has a beta of -0.31, meaning it tends to be less sensitive to market movements. UNM has a correlation of 0.04 to the broad based SPY ETF.

UNM has a market cap of $10.17 billion. This is considered a Large Cap stock.

Last quarter Unum Group reported $3 billion in Revenue and $2.12 earnings per share. This fell short of revenue expectation by $-10 million and exceeded earnings estimates by $.15.

In the last 3 years, UNM stock traded as high as $54.57 and as low as $22.25.

The top ETF exchange traded funds that UNM belongs to (by Net Assets): VTI, IJH, VB, SCHD, DVY.

UNM stock has underperformed the market in the last year with a return of +23.6%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in UNM shares. However, UNM has outperformed the market in the last 3 month and 2 week periods, returning +12.0% and +4.6%, while SPY returned +4.2% and +2.5%, respectively. This indicates UNM has been having a stronger performance recently.

UNM support price is $52.11 and resistance is $53.23 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that UNM stock will trade within this expected range on the day.