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Universal Insurance (UVE) Projected to Post Earnings on Thursday

Universal Insurance logo with Finance background

Universal Insurance (NYSE:UVE - Get Free Report) will likely be releasing its Q2 2025 earnings data after the market closes on Thursday, July 24th. Analysts expect Universal Insurance to post earnings of $1.09 per share and revenue of $359.98 million for the quarter.

Universal Insurance (NYSE:UVE - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The insurance provider reported $1.44 EPS for the quarter, topping analysts' consensus estimates of $1.12 by $0.32. Universal Insurance had a net margin of 4.31% and a return on equity of 15.73%. The business had revenue of $394.87 million during the quarter, compared to analysts' expectations of $354.97 million. On average, analysts expect Universal Insurance to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Universal Insurance Stock Up 0.3%

Universal Insurance stock traded up $0.08 during midday trading on Friday, reaching $25.20. The stock had a trading volume of 202,361 shares, compared to its average volume of 201,918. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 0.24. Universal Insurance has a 12 month low of $16.50 and a 12 month high of $28.49. The company has a fifty day moving average price of $26.32 and a two-hundred day moving average price of $23.20. The company has a market capitalization of $709.38 million, a P/E ratio of 11.00 and a beta of 0.86.

Universal Insurance Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 8th. Stockholders of record on Friday, August 1st will be paid a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 2.54%. The ex-dividend date of this dividend is Friday, August 1st. Universal Insurance's dividend payout ratio (DPR) is presently 27.95%.

Insider Activity at Universal Insurance

In other Universal Insurance news, Chairman Sean P. Downes sold 25,000 shares of the firm's stock in a transaction on Thursday, June 12th. The stock was sold at an average price of $26.91, for a total transaction of $672,750.00. Following the completion of the transaction, the chairman owned 926,667 shares of the company's stock, valued at approximately $24,936,608.97. This trade represents a 2.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Jon Springer sold 30,000 shares of the business's stock in a transaction on Friday, May 30th. The shares were sold at an average price of $27.06, for a total transaction of $811,800.00. Following the sale, the director owned 301,835 shares in the company, valued at approximately $8,167,655.10. This trade represents a 9.04% decrease in their position. The disclosure for this sale can be found here. Insiders sold 101,393 shares of company stock valued at $2,687,275 in the last quarter. Corporate insiders own 16.60% of the company's stock.

Institutional Investors Weigh In On Universal Insurance

Several hedge funds have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. increased its stake in shares of Universal Insurance by 9.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 805,199 shares of the insurance provider's stock worth $19,083,000 after purchasing an additional 69,289 shares in the last quarter. Millennium Management LLC boosted its stake in shares of Universal Insurance by 171.5% in the first quarter. Millennium Management LLC now owns 343,786 shares of the insurance provider's stock worth $8,148,000 after acquiring an additional 217,184 shares during the period. Jane Street Group LLC grew its position in shares of Universal Insurance by 73.1% during the first quarter. Jane Street Group LLC now owns 81,829 shares of the insurance provider's stock worth $1,939,000 after purchasing an additional 34,556 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Universal Insurance by 4.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,976 shares of the insurance provider's stock valued at $331,000 after purchasing an additional 630 shares during the period. Finally, Strs Ohio purchased a new position in Universal Insurance in the 1st quarter worth approximately $180,000. 66.61% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded shares of Universal Insurance from a "buy" rating to a "strong-buy" rating in a research note on Monday, April 28th.

Read Our Latest Research Report on Universal Insurance

Universal Insurance Company Profile

(Get Free Report)

Universal Insurance Holdings, Inc, together with its subsidiaries, operates as an integrated insurance holding company in the United States. It develops, markets, and underwrites insurance products for personal residential insurance, such as homeowners, renters/tenants, condo unit owners, and dwelling/fire; and offers allied lines, coverage for other structures, and personal property, liability, and personal articles coverages.

See Also

Earnings History for Universal Insurance (NYSE:UVE)

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