|Bid||38.40 x 800|
|Ask||38.41 x 800|
|Day's Range||38.22 - 38.87|
|52 Week Range||37.57 - 58.73|
|PE Ratio (TTM)||8.80|
|Earnings Date||Jul 25, 2018 - Jul 30, 2018|
|Forward Dividend & Yield||0.92 (1.92%)|
|1y Target Est||55.57|
Law Offices of Howard G. Smith announces that it has commenced an investigation on behalf of Unum Group (“Unum” or the “Company) (NYSE: UNM) investors concerning the Company and its officers’ possible violations of federal securities laws. On May 2, 2018, Unum disclosed that its first quarter 2018 loss ratio for its long-term care business was a disappointing 96.6%, compared to 88.6% for the first quarter of 2017. The first quarter 2018 loss ratio also far exceeded the Company’s earlier-stated expectation of 85-90%.
The proceeds are expected to be used to refinance $200 million of existing senior debt which matures in July 2018, with the balance used for general corporate purposes. The rating outlook for Unum and its subsidiaries is stable. Unum's debt issuance in excess of its upcoming debt maturity will have a minimal impact on the company's financial flexibility since the debentures will receive partial equity credit and should remain within our ratings expectation of Unum.
Dividend stocks are a safe bet to increase your portfolio value as they provide both steady income and cushion against market risks. However, undervalued dividend stocks also enhances your opportunityRead More...
Glancy Prongay & Murray LLP continues its investigation on behalf of Unum Group investors concerning the Company and its directors’ and officers’ possible violations of state laws.
Unum Group announced today that Jack McGarry, EVP and CFO, will be representing the company at the Deutsche Bank 8th Annual Global Financial Services Conference, Wednesday, May 30, 2018, in New York City.
Spanish-speaking consumers can now learn more about healthy living, employee benefits, and other workplace issues on a new website from Colonial Life. As an enhancement to the company’s two-year-old WorkLife consumer website, the Spanish-language site will feature content on benefits and types of insurance, healthy living, finances and common workplace issues. “This website will be a valuable resource to Hispanic business owners and their employees,” said Dana Bagwell, director in growth markets at Colonial Life.
Pre-market today, WallStEquities.com takes a close look at the Accident and Health Insurance category, which covers establishments that are primarily engaged in underwriting accident and health insurance. This industry also includes establishments that provide health insurance protection for disability income losses and medical expense coverage, on an indemnity basis. Lined up for assessment this morning are these four stocks: Aflac Inc. (NYSE: AFL), Assurant Inc. (NYSE: AIZ), CNO Financial Group Inc. (NYSE: CNO), and Unum Group (NYSE: UNM).
Puneet Bhasin joined Unum in March 2018 as chief information and digital officer — a new position that recognizes technology’s central role in achieving operational excellence and the company’s long-term business objectives. “This is an exciting time to join Unum’s team,” Bhasin noted. “The company is undertaking a digital transformation that will help it take strong strides toward delivering the best customer service experience in the industry.
“Millennials make up more than a third of the workforce and many of them have recently started or plan on starting a family soon,” said Greg Breter, senior vice president of benefits at Unum. Short term disability insurance replaces part of a working mother’s income for up to six to eight weeks, depending on the type of delivery. In 2017, Unum paid nearly $100 million in short term disability benefits to new mothers, helping them recover from delivery and bond with their newborns.
Cheap in this sense meaning the type of stock classically described by Benjamin Graham and his student, Warren Buffett, as an undervalued situation -- or, these days, more often referred to simply as a value stock. It doesn't necessarily mean it's worth buying, but when the price/earnings ratio is significantly lower than the market as a whole - and other factors are present -- it might be worth further evaluation.
Bragar Eagel & Squire, P.C. is investigating potential claims against Unum Group (UNM). Following this news, the stock price of Unum fell $8.12 per share, or over 16.9%, to close at $39.78 per share on May 2, 2018.
NEW YORK, May 07, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Arch ...
Levi & Korsinsky announces it has commenced an investigation of Unum Group concerning possible violations of federal securities laws.
In fact, Toronto-based Manulife Financial Corp. The company reported solid quarterly results with core earnings of 64 cents per share topping estimates, helped by robust demand in Asia and better-than-expected policyholder experience in Canada and the U.S. Shares of Manulife rose 1.9% to $18.52.
Glancy Prongay & Murray LLP announces that it has commenced an investigation on behalf of Unum Group investors concerning the Company and its officers’ possible violations of federal securities laws.
A 10-year review of disability claims shows the effects of an aging workforce, medical advances and the power of early intervention, according to data from Unum , a leading provider of disability benefits.
The S&P 500’s top losses on May 2 were: Unum Group (UNM) declined 17%. Molson Coors Brewing Company (TAP) declined 15.4%. Xerox (XRX) declined 9.0%. C.H. Robinson Worldwide (CHRW) declined 8.6%. Estee Lauder (EL) declined 8.5%. Unum Group
Aptiv (APTV) outpaced the rest of the components of the S&P 500 on Wednesday, following its first-quarter earnings. The S&P 500 fell 19.13 points, or 0.72%, to 2635.67. Wells Fargo's David Lim called the quarter "solid," and reiterated an Outperform rating on the shares today.
The interest-adjusted loss ratio for the LTC business was 96.6%, compared to 88.6% during the same period a year prior.
shares fell in after-hours trading on Tuesday, May 1, after the insurance company reported weaker-than-expected earnings for the first quarter. "We continue to look for ways to grow our business both organically and through targeted, strategic acquisitions," Chief Executive Officer said Richard McKenney in a statement. Earlier this year, McKenney entertained the idea of selling off the company's unit that sold long-term care policies, called Closed Block, but has struggled to find a buyer.
On a per-share basis, the Chattanooga, Tennessee-based company said it had net income of $1.23. Earnings, adjusted for non-recurring costs, were $1.24 per share. The results fell short of Wall Street expectations. ...