Unum Group (NYSE: UNM) is 58.95% higher on its value in year-to-date trading and has touched a low of $49.63 and a high of $84.48 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The UNM stock was last observed hovering at around $82.06 in the last trading session, with the day’s gains setting it 1369917.94%.
Currently trading at $1370000.0, the stock is 1.95% and 1.61% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.4 million and changing -1.00% at the moment leaves the stock 9.89% off its SMA200. UNM registered 11.24% gain for a year compared to 6-month gain of 11.00%. The firm has a 50-day simple moving average (SMA 50) of $79.9548 and a 200-day simple moving average (SMA200) of $73.927.
The stock witnessed a -0.83% loss in the last 1 month and extending the period to 3 months gives it a -0.93%, and is 4.11% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.86% over the week and 2.01% over the month.
Unum Group (UNM) has around 11063 employees, a market worth around $14.17B and $12.78B in sales. Current P/E ratio is 9.58 and Fwd P/E is 8.28. Profit margin for the company is 12.31%. Distance from 52-week low is 63.69% and -3.84% from its 52-week high. The company has generated returns on investments over the last 12 months (10.71%).
The EPS is expected to grow by 5.45% this year
946.0 institutions hold shares in Unum Group (UNM), with institutional investors hold 92.68% of the company’s shares. The shares outstanding are 175.83M, and float is at 172.62M with Short Float at 1.83%. Institutions hold 91.84% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 20.09 million shares valued at $1.03 billion. The investor’s holdings represent 10.5778 of the UNM Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 19.33 million shares valued at $987.98 million to account for 10.1796 of the shares outstanding. The other top investors are FMR LLC which holds 16.27 million shares representing 8.5653 and valued at over $831.31 million, while NORGES BANK holds 7.7119 of the shares totaling 14.64 million with a market value of $748.48 million.
