UNUM GROUP (UNM)

Unum Group cuts its long-term care statutory reserves exposure by $3.8B through a new reinsurance agreement with Fortitude Re. Read more.

The transaction covers about 50,000 individual LTC policies and leaves Unum with about $11.0B in remaining LTC statutory reserves, subject to approvals.

UNM's core insurance businesses show stabilizing underwriting and strong capital returns, but legacy Closed Block remains a structural drag. First quarter results beat expectations, with 8-12% EPS growth guidance and accelerated buybacks supporting earnings per share.

An InvestingPro tip notes that ... to shareholder returns. Want deeper insights? InvestingPro offers 6 additional exclusive tips for UNM. The firm’s earnings per share estimates moved to $8.74, $9.34, and $10.37 for 2026, 2027, and 2028, respectively....

Is UNM a good stock to buy? We came across a bullish thesis on Unum Group on MaxDividend’s Substack by Serhio MaxDividends. In this article, we will summarize the bulls’ thesis on UNM. Unum Group’s share was trading at $88.65 as of June 24th. UNM’s trailing and forward P/E were 19.19 ...