NYSE: UNM ยท Life Insurance
Unum Group (UNM) fair value and price range
As of 19 Sep 2026, Faircurve's model values Unum Group (UNM) at $87.97 a share. The stock last closed at $93.56, which puts the model's fair value 6.0% below the price. No verdict is shown for UNM. Banks, insurers and real estate investment trusts (REITs) are valued with a separate method, and the model's evidence grade has not been worked out for that method yet. The fair value is shown for reference.
Revalued . Price is the close of 21 Sep 2026. Unum Group.
What price range does the model give UNM?
The calibrated range for UNM over 63 trading days is $86.91 to $107.53. It sits around the last close, and its width comes from the volatility that UNM's own options imply (30% a year), calibrated weekly against realised prices (n = 2,982 past valuations, refreshed 19 Sep 2026). Ranges built this way held the price 60% of the time at this horizon. The fair value is the model's opinion and rides beside the range. It is not the centre of it.
The model's own simulated range, from the 20th to the 80th percentile of its runs, is $68.28 to $111.23. In 40% of the simulations the fair value came out above the price the model ran on.
How does UNM compare with similar companies?
The companies in life insurance closest to Unum Group in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| GL Globe Life Inc. | $172.16 | $199.36 | +15.8% | Not graded yet |
| JXN Jackson Financial Inc. | $131.87 | $235.87 | +78.9% | Gap wider than 60% |
| VOYA Voya Financial, Inc. | $100.53 | $103.90 | +3.4% | Not graded yet |
| PRI Primerica, Inc. | $285.51 | $292.40 | +2.4% | Not graded yet |
| LNC Lincoln National Corporation | $41.68 | $121.58 | +191.7% | Gap wider than 60% |
| PRU Prudential Financial, Inc. | $118.53 | $143.46 | +21.0% | Not graded yet |
| CNO CNO Financial Group, Inc. | $54.40 | $44.08 | -19.0% | Low model confidence |
| AFL Aflac Incorporated | $115.18 | $105.08 | -8.8% | Low model confidence |
When does UNM report earnings, and how has the stock reacted?
Unum Group's next earnings report is scheduled for 3 Nov 2026. Companies can move their dates.
Options prices on 21 Sep 2026 imply a move of about 6.2% in either direction through the nearest expiry, about 24 days out. That is the size the market is pricing, not a direction. UNM's 30 day implied volatility works out to about 8.7% over one month.
How UNM moved around its last 8 earnings reports
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across these 8 reports, ignoring direction, was 3.7%.
| Report date | Two session move |
|---|---|
| 28 Jul 2026 | -3.2% |
| 28 Apr 2026 | +5.4% |
| 5 Feb 2026 | -3.1% |
| 3 Nov 2025 | +6.5% |
| 29 Jul 2025 | -11.2% |
| 29 Apr 2025 | +3.3% |
| 4 Feb 2025 | +2.0% |
| 29 Oct 2024 | +4.1% |
Unum Group at a glance
Unum Group, along with its various subsidiaries, specializes in delivering financial protection benefits, primarily operating across the United States, the United Kingdom, and Poland.
- Market value
- $15.1B
- Sector
- Financial Services
- Industry
- Life Insurance
- Consensus revenue growth, next fiscal year
- -9.5%
- Analysts with estimates
- 8
- Beta to the US market
- 0.36
- First valued by Faircurve
- 11 Jul 2026
How the fair value is worked out: the model prices Unum Group on the share price against the net assets on the balance sheet, adjusted for the earnings analysts expect (price to book value), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.
What changed in the latest valuation?
On 12 Sep 2026 the model's fair value for UNM was $76.46. As of 19 Sep 2026 it is $87.97, a change of +15.1%. The model revalues every stock it covers each week, and again after an earnings report.
Questions about Unum Group's valuation
Is Unum Group stock undervalued or overvalued?
Faircurve's model puts UNM's fair value at $87.97 a share against a last close of $93.56, as of 19 Sep 2026. No verdict is shown for UNM. Banks, insurers and real estate investment trusts (REITs) are valued with a separate method, and the model's evidence grade has not been worked out for that method yet. The fair value is shown for reference.
What is UNM's fair value?
$87.97 a share as of 19 Sep 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $68.28 to $111.23.
What price range does the model give UNM?
$86.91 to $107.53 over 63 trading days. Ranges built this way held the price 60% of the time across 2,982 past valuations, refreshed 19 Sep 2026.
When does Unum Group report earnings next?
The next report is scheduled for 3 Nov 2026. Companies can move their dates.
How much has UNM moved on past earnings reports?
Across its last 8 reports the median two session move was 3.7%, ignoring direction. The largest was -11.2% around the report of 29 Jul 2025.
How confident is the model in this valuation?
Model confidence for UNM has not been graded yet. Banks, insurers and real estate investment trusts are valued with a separate method, and the evidence grade has not been worked out for it. No grade is a probability that a fair value is right.