UNUM GROUP Q3 non-GAAP EPS beats estimates by $0.10

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Unum Group Intrinsic Stock Value – UNUM ($NYSE:UNM) Group is a leading provider of disability insurance in the United States. The company’s third quarter results showed that its non-GAAP EPS of $1.51 beat estimates by $0.10.

This was driven by strong growth in premium revenues and favorable claim experience. Looking ahead, Unum expects to continue to benefit from favorable claim experience and growth in premiums.

Earnings

UNUM GROUP is a provider of financial protection benefits in the United States and the United Kingdom. Compared to the same quarter last year, total revenue decreased by 0.8%, while net income increased by 37.5%. Over the last three years, UNUM GROUP’s total revenue has decreased from 13.2B USD to 11.8B USD. However, the company has been able to increase its net income during this time period.

Price History

The UNUM GROUP Q3 non-GAAP EPS beats estimates by $0.10, with the stock opening at $45.8 and closing at $45.7 on Tuesday. Despite this small uptick, news sentiment around the company has been mostly negative. Some investors are concerned about the company’s future prospects, given the current economic conditions.

Others believe that the UNUM GROUP is a strong company that will weather the current situation and emerge even stronger. Only time will tell which camp is correct.

VI Analysis – Unum Group Intrinsic Stock Value

The company’s fundamentals reflect its long term potential, and the VI app makes it easy to analyze these fundamentals. The fair value of UNUM GROUP shares is around $26.1, calculated by VI Line. However, the stock is currently trading at $45.7, which is overvalued by 75%.

VI Peers

The company offers a variety of products and services to its customers. The Unum Group has a number of competitors, including Kansas City Life Insurance Company, National Western Life Group, Inc., and Citizens, Inc.

– Kansas City Life Insurance Co ($OTCPK:KCLI)

Kansas City Life Insurance Company has a market cap of 283.24M as of 2022. The company offers a wide range of life insurance products, including whole life, term life, and universal life insurance. Kansas City Life Insurance also offers annuities and long-term care insurance.

– National Western Life Group Inc ($NASDAQ:NWLI)

National Western Life Group, Inc. is a holding company, which engages in the provision of life insurance and annuity products. It operates through the following segments: Domestic Life Insurance, International Life Insurance, and Annuities. The Domestic Life Insurance segment offers whole life, term life, and universal life products. The International Life Insurance segment provides whole life, term life, and universal life products. The Annuities segment offers fixed and variable annuities. The company was founded by Oliver W. Isbell and H.C. Waggoner in 1906 and is headquartered in Austin, TX.

– Citizens Inc ($NYSE:CIA)

Citizens Inc is a Texas-based insurance holding company that offers life insurance, annuity, and property and casualty insurance products. The company’s market cap as of 2022 is $142.93M. Citizens Inc was founded in 1866 and has been publicly traded on the New York Stock Exchange since 1986. The company employs over 1,000 people and has over $5 billion in assets.

Summary

If you’re looking for a solid investment in the insurance industry, UNUM Group is definitely worth considering. One of the largest providers of disability insurance in the United States, UNUM has a long history of paying out claims and dividends to shareholders. The company’s stock has been on a bit of a roller coaster ride in recent years, but its strong financials and lucrative dividend make it a attractive investment for long-term growth. UNUM Group is definitely a company worth watching in the insurance industry.