Published on 22 May 2024 on Zacks via Yahoo Finance
Here's Why You Should Stay Invested in Unum (UNM) Stock
Unum Group UNM is poised to grow on the strength of disciplined sales trends, strong persistency, an improving rate environment, favorable risk experience and a solid capital position. It has a VGM Score of B. This helps to identify stocks with the most attractive value, growth and momentum.Earnings of this leading disability income writer have increased 9% over the last five years, outperforming the industry average of 3.8%. UNM delivered a four-quarter average earnings surprise of 3.76%.The Zacks Consensus Estimate for 2024 earnings has moved 2 cents north in the past seven days, reflecting analyst optimism.
Share Price and Zacks Rank
Shares of UNM have gained 16.7% year to date, compared with the industry’s increase of 6.9%, the Finance sector’s increase of 5.8% and the Zacks S&P 500 composite’s rise of 12%. It carries a Zacks Rank #3 (Hold).