Unum Group Q2 2026: Adjusted EPS Reaches $2.16, Guidance Lifted to $8.60–$8.90, and a $5.7B LTC Reinsurance Deal Unveiled
UNM sits 22% above its 52-week low of $68.275 on elevated volume (1.9× avg).
Summary
Unum Group posted Q2 2026 adjusted EPS of $2.16, raised its full-year outlook, and announced a $5.7B reinsurance deal to offload 28% of its long-term care liabilities.
Key Events · Earnings and Guidance · UNM
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Q2 2026 Earnings Beat
Adjusted operating EPS came in at $2.16, up from $2.06 in Q2 2025, while net income was $256.9M, or $1.61 per diluted share.
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Full-Year Guidance Raised
Reflecting confidence in core operations, the 2026 adjusted EPS guidance was increased to a range of $8.60 to $8.90.
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$5.7B LTC Reinsurance Deal
An agreement with Fortitude Re will cede 28% of the Closed Block long-term care future policy benefits, with $5.659B in assets set to transfer upon closing.
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Capital Return to Shareholders
In Q2 2026, $750M was returned to shareholders through dividends and share repurchases, which totaled $604.5M in the first half.
Analysis · UNM · Finance
A strong quarter saw adjusted EPS climb to $2.16 from $2.06 a year ago, prompting management to raise full-year guidance to $8.60–$8.90. The company also returned $750M to shareholders and took a major step in de-risking its legacy block by disclosing a reinsurance transaction that will transfer $5.7B in assets and cede 28% of its long-term care liabilities to Fortitude Re. The combination of earnings momentum, capital return, and balance sheet de-risking makes this a notable update for investors.
At the time of this filing, UNM was trading at $83.63 on NYSE in the Finance sector, with a market capitalization of approximately $13.4B. The 52-week trading range was $68.28 to $93.22. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.