NASDAQ:UFCS United Fire Group (UFCS) Stock Forecast, Price & News $20.04 -0.09 (-0.45%) (As of 09/27/2023 ET) Add Compare Share Share Today's Range$19.88▼$20.4850-Day Range$18.70▼$24.0552-Week Range$18.41▼$33.97Volume63,516 shsAverage Volume81,470 shsMarket Capitalization$506.21 millionP/E RatioN/ADividend Yield3.19%Price Target$19.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media United Fire Group MarketRank™ ForecastAnalyst RatingSell1.00 Rating ScoreUpside/Downside5.2% Downside$19.00 Price TargetShort InterestHealthy1.23% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.65Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.91) to $1.30 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.44 out of 5 starsFinance Sector816th out of 858 stocksFire, Marine, & Casualty Insurance Industry42nd out of 47 stocks 0.5 Analyst's Opinion Consensus RatingUnited Fire Group has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $19.00, United Fire Group has a forecasted downside of 5.2% from its current price of $20.04.Amount of Analyst CoverageUnited Fire Group has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.23% of the float of United Fire Group has been sold short.Short Interest Ratio / Days to CoverUnited Fire Group has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in United Fire Group has recently increased by 20.00%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldUnited Fire Group pays a meaningful dividend of 3.17%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthUnited Fire Group has only been increasing its dividend for 1 years.Dividend SustainabilityBased on earnings estimates, United Fire Group will have a dividend payout ratio of 49.23% next year. This indicates that United Fire Group will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for UFCS. Previous Next 2.6 News and Social Media Coverage News SentimentUnited Fire Group has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for United Fire Group this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for UFCS on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days.MarketBeat Follows2 people have added United Fire Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, United Fire Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.54% of the stock of United Fire Group is held by insiders.Percentage Held by Institutions62.15% of the stock of United Fire Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for United Fire Group are expected to grow in the coming year, from ($1.91) to $1.30 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of United Fire Group is -8.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of United Fire Group is -8.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioUnited Fire Group has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About United Fire Group (NASDAQ:UFCS) StockUnited Fire Group, Inc., together with its subsidiaries, provides property and casualty insurance for individuals and businesses in the United States. The company offers commercial and personal lines of property and casualty insurance; and commercial multiple peril and inland marine insurance, as well as assumed reinsurance products. Its commercial policies include fire and allied lines, other liability, automobile, workers' compensation, and fidelity and surety coverage; and personal lines comprise automobile, and fire and allied lines coverage, including homeowners. The company sells its products through a network of independent agencies. United Fire Group, Inc. was incorporated in 1946 and is headquartered in Cedar Rapids, Iowa.Read More UFCS Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart UFCS Stock News HeadlinesSeptember 22, 2023 | finance.yahoo.comUnited Fire Group, Inc. (NASDAQ:UFCS) is a favorite amongst institutional investors who own 65%August 24, 2023 | finance.yahoo.comUnited Fire Group (NASDAQ:UFCS) Is Due To Pay A Dividend Of $0.16September 28, 2023 | Behind the Markets (Ad)BREAKING: The truth about war with ChinaForeign Affairs reports, "China is Now in a Prewar Tempo of Political and Military Preparations." China has one goal: take control of Taiwan, and an invasion could happen any day. I've identified 5 investments I believe are in immediate danger. But you can get out of them now - before it's too late.August 21, 2023 | msn.comUnited Fire Group: Continue To Stay AwayAugust 18, 2023 | finance.yahoo.comAM Best downgrades credit ratings of United Fire Group, Inc. and its property/casualty subsidiaries to A- (Excellent) with stable outlookAugust 18, 2023 | finance.yahoo.comAM Best Downgrades Credit Ratings of United Fire Group, Inc. and Its Property/Casualty SubsidiariesAugust 10, 2023 | seekingalpha.comUnited Fire Group, Inc. 2023 Q2 - Results - Earnings Call PresentationAugust 1, 2023 | markets.businessinsider.comPiper Sandler Reaffirms Their Sell Rating on United Fire Group (UFCS)September 28, 2023 | Behind the Markets (Ad)BREAKING: The truth about war with ChinaForeign Affairs reports, "China is Now in a Prewar Tempo of Political and Military Preparations." China has one goal: take control of Taiwan, and an invasion could happen any day. I've identified 5 investments I believe are in immediate danger. But you can get out of them now - before it's too late.July 31, 2023 | finance.yahoo.comUnited Fire Group, Inc. Reports Estimates for Second Quarter 2023 ResultsMay 21, 2023 | finance.yahoo.comUnited Fire Group (NASDAQ:UFCS) Will Pay A Dividend Of $0.16May 19, 2023 | finance.yahoo.comIndependent Director of United Fire Group Picks Up 1.4% More Stock \May 17, 2023 | seekingalpha.comUnited Fire declares $0.16 dividendMay 13, 2023 | seekingalpha.comUnited Fire Group, Inc. 2023 Q1 - Results - Earnings Call PresentationMay 10, 2023 | finance.yahoo.comQ1 2023 United Fire Group Inc Earnings CallMay 8, 2023 | finance.yahoo.comUnited Fire Group (UFCS) Q1 Earnings Miss EstimatesMay 8, 2023 | finance.yahoo.comUnited Fire Group, Inc. Reports First Quarter 2023 ResultsMay 4, 2023 | finance.yahoo.comHeritage Insurance (HRTG) Q1 Earnings and Revenues Surpass EstimatesApril 25, 2023 | finance.yahoo.comUnited Fire Group, Inc. Announces Its 2023 First Quarter Earnings CallApril 24, 2023 | news.yahoo.comWith Fire Departments Struggling for Volunteers, States Respond to the AlarmApril 5, 2023 | msn.comPiper Sandler Maintains United Fire Group (UFCS) Underweight RecommendationMarch 4, 2023 | msn.comUnited Fire Group (UFCS) Declares $0.16 DividendFebruary 20, 2023 | insidermonkey.comUnited Fire Group, Inc. (NASDAQ:UFCS) Q4 2022 Earnings Call TranscriptFebruary 15, 2023 | finance.yahoo.comUnited Fire Group, Inc. Reports Fourth Quarter and Full Year 2022 ResultsFebruary 14, 2023 | msn.comEarnings Outlook For United Fire GroupJanuary 20, 2023 | finance.yahoo.comKyle Skogman to Retire From UFG Board Following 2023 Annual MeetingJanuary 14, 2023 | seekingalpha.comUFCS United Fire Group, Inc.See More Headlines Receive UFCS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for United Fire Group and its competitors with MarketBeat's FREE daily newsletter. Email Address UFCS Company Calendar Last Earnings8/07/2023Ex-Dividend for 9/15 Dividend8/31/2023Dividend Payable9/15/2023Today9/28/2023Next Earnings (Estimated)11/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Fire, marine, & casualty insurance Sub-IndustryProperty & Casualty Insurance SectorFinance Current SymbolNASDAQ:UFCS CUSIP91034010 CIK101199 Webwww.ufginsurance.com Phone(319) 399-5700Fax319-399-5499Employees1,091Year Founded1937Price Target and Rating Average Stock Price Forecast$19.00 High Stock Price Forecast$19.00 Low Stock Price Forecast$19.00 Forecasted Upside/Downside-5.2%Consensus RatingSell Rating Score (0-4)1.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($2.32) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$15.03 million Net Margins-5.58% Pretax Margin-7.70% Return on Equity-8.70% Return on Assets-2.15% Debt Debt-to-Equity RatioN/A Current Ratio0.35 Quick Ratio0.35 Sales & Book Value Annual Sales$980.29 million Price / Sales0.52 Cash Flow$1.39 per share Price / Cash Flow14.41 Book Value$29.37 per share Price / Book0.68Miscellaneous Outstanding Shares25,260,000Free Float23,360,000Market Cap$506.21 million OptionableOptionable Beta0.23 Social Links 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Kevin James Leidwinger (Age 59)Pres, CEO, Principal Exec. Officer & Director Comp: $1.09MMr. Eric John MartinExec. VP, CFO & Principal Financial OfficerMr. Robert Francis Cataldo (Age 52)VP and Chief Investment & Strategy Officer Comp: $569.98kMr. Jeremy Joseph Bahl (Age 45)Chief Underwriting Officer & VP Comp: $418.33kMr. Micah Grant Woolstenhulme (Age 47)Chief Risk Officer & VP Comp: $455.4kMs. Julie Ann Stephenson (Age 55)Exec. VP & COO Mr. Brian Joseph FreseCTO & VPMs. Sarah Emily Madsen (Age 44)Chief Legal Officer, VP & Corp. Sec. Mr. Michael John Sheeley (Age 62)VP & Chief Marketing Officer Ms. Tracy L. BastianVP of HRMore ExecutivesKey CompetitorsDonegal GroupNASDAQ:DGICAGlobal Indemnity GroupNASDAQ:GBLIHCI GroupNYSE:HCIUniversal InsuranceNYSE:UVEAMERISAFENASDAQ:AMSFView All CompetitorsInsiders & InstitutionsCalifornia State Teachers Retirement SystemBought 2,446 shares on 8/21/2023Ownership: 0.116%Royal Bank of CanadaSold 793 shares on 8/15/2023Ownership: 0.472%Goldman Sachs Group Inc.Bought 1,150 shares on 8/15/2023Ownership: 0.392%Alliancebernstein L.P.Bought 2,740 shares on 8/15/2023Ownership: 0.084%Citadel Advisors LLCSold 500 shares on 8/15/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions UFCS Stock - Frequently Asked Questions Should I buy or sell United Fire Group stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for United Fire Group in the last twelve months. There are currently 1 sell rating for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" UFCS shares. View UFCS analyst ratings or view top-rated stocks. What is United Fire Group's stock price forecast for 2023? 1 Wall Street research analysts have issued 12 month target prices for United Fire Group's stock. Their UFCS share price forecasts range from $19.00 to $19.00. On average, they expect the company's share price to reach $19.00 in the next year. This suggests that the stock has a possible downside of 5.2%. View analysts price targets for UFCS or view top-rated stocks among Wall Street analysts. How have UFCS shares performed in 2023? United Fire Group's stock was trading at $27.36 at the beginning of 2023. Since then, UFCS stock has decreased by 26.8% and is now trading at $20.04. View the best growth stocks for 2023 here. Are investors shorting United Fire Group? United Fire Group saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 260,400 shares, an increase of 20.0% from the August 31st total of 217,000 shares. Based on an average daily volume of 92,200 shares, the short-interest ratio is presently 2.8 days. Approximately 1.2% of the company's shares are short sold. View United Fire Group's Short Interest. When is United Fire Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023. View our UFCS earnings forecast. How were United Fire Group's earnings last quarter? United Fire Group, Inc. (NASDAQ:UFCS) released its quarterly earnings data on Monday, August, 7th. The insurance provider reported ($2.27) EPS for the quarter, hitting analysts' consensus estimates of ($2.27). The insurance provider had revenue of $267.09 million for the quarter, compared to analyst estimates of $266.80 million. United Fire Group had a negative net margin of 5.58% and a negative trailing twelve-month return on equity of 8.70%. How often does United Fire Group pay dividends? What is the dividend yield for United Fire Group? United Fire Group announced a quarterly dividend on Friday, August 18th. Shareholders of record on Friday, September 1st will be given a dividend of $0.16 per share on Friday, September 15th. This represents a $0.64 annualized dividend and a yield of 3.19%. The ex-dividend date is Thursday, August 31st. Read our dividend analysis for UFCS. Is United Fire Group a good dividend stock? United Fire Group (NASDAQ:UFCS) pays an annual dividend of $0.64 per share and currently has a dividend yield of 3.17%. Read our dividend analysis for UFCS. What is Randy A. Ramlo's approval rating as United Fire Group's CEO? 52 employees have rated United Fire Group Chief Executive Officer Randy A. Ramlo on Glassdoor.com. Randy A. Ramlo has an approval rating of 87% among the company's employees. What other stocks do shareholders of United Fire Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other United Fire Group investors own include STORE Capital (STOR), Wells Fargo & Company (WFC), Dominion Energy (D), Ford Motor (F), Johnson & Johnson (JNJ), Moelis & Company (MC), PepsiCo (PEP), Progenics Pharmaceuticals (PGNX), RLI (RLI) and SEI Investments (SEIC). What is United Fire Group's stock symbol? United Fire Group trades on the NASDAQ under the ticker symbol "UFCS." Who are United Fire Group's major shareholders? United Fire Group's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (13.99%), Dimensional Fund Advisors LP (6.56%), Earnest Partners LLC (5.49%), State Street Corp (3.26%), Geode Capital Management LLC (1.75%) and Charles Schwab Investment Management Inc. (1.24%). Insiders that own company stock include Christopher R Drahozal, Eric J Martin, George D Milligan, James Noyce, Lura E Mcbride, Mark A Green, Micah G Woolstenhulme, Micah G Woolstenhulme, Michael T Wilkins, Randy A Ramlo and Scott L Carlton. View institutional ownership trends. How do I buy shares of United Fire Group? Shares of UFCS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is United Fire Group's stock price today? One share of UFCS stock can currently be purchased for approximately $20.04. How much money does United Fire Group make? United Fire Group (NASDAQ:UFCS) has a market capitalization of $506.21 million and generates $980.29 million in revenue each year. The insurance provider earns $15.03 million in net income (profit) each year or ($2.32) on an earnings per share basis. How many employees does United Fire Group have? The company employs 1,091 workers across the globe. How can I contact United Fire Group? United Fire Group's mailing address is 118 SECOND AVE SE, CEDAR RAPIDS IA, 52407. The official website for the company is www.ufginsurance.com. The insurance provider can be reached via phone at (319) 399-5700, via email at ir@unitedfiregroup.com, or via fax at 319-399-5499. This page (NASDAQ:UFCS) was last updated on 9/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding United Fire Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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