NASDAQ:UFCS - United Fire Group Stock Price, Price Target & More

United Fire Group trades on the NASDAQ under the ticker symbol "UFCS."

United Fire Group announced a quarterly dividend on Wednesday, May 16th. Shareholders of record on Friday, June 1st will be given a dividend of $0.31 per share on Friday, June 15th. This represents a $1.24 annualized dividend and a yield of 2.20%. The ex-dividend date of this dividend is Thursday, May 31st. This is a positive change from United Fire Group's previous quarterly dividend of $0.28. View United Fire Group's Dividend History.

United Fire Group declared that its board has initiated a share buyback program on Thursday, November 9th 2017, which authorizes the company to buyback 2,240,000 shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's management believes its shares are undervalued.

United Fire Group, Inc. (NASDAQ:UFCS) issued its quarterly earnings data on Wednesday, May, 9th. The insurance provider reported $1.00 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.83 by $0.17. The insurance provider had revenue of $258.66 million for the quarter. United Fire Group had a net margin of 7.11% and a return on equity of 3.25%. During the same period last year, the business posted $0.67 earnings per share. View United Fire Group's Earnings History.

United Fire Group is scheduled to release their next quarterly earnings announcement on Wednesday, August, 8th 2018. View Earnings Estimates for United Fire Group.

2 analysts have issued 12 month price objectives for United Fire Group's shares. Their forecasts range from $53.00 to $53.00. On average, they anticipate United Fire Group's stock price to reach $53.00 in the next year. This suggests that the stock has a possible downside of 5.8%. View Analyst Ratings for United Fire Group.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for United Fire Group in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to United Fire Group include Validus (VR), Hanover Insurance Group (THG), RenaissanceRe (RNR), Axis Capital (AXS), Enstar Group (ESGR), Kemper (KMPR), Selective Insurance Group (SIGI), White Mountains Insurance Group (WTM), RLI (RLI), National General (NGHC), AmTrust Financial Services (AFSI), Mercury General (MCY), Aspen Insurance (AHL), ProAssurance (PRA) and Horace Mann Educators (HMN).

News stories about UFCS stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. United Fire Group earned a news impact score of 0.14 on Accern's scale. They also assigned news headlines about the insurance provider an impact score of 45.13 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

United Fire Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Municipal Employees Retirement System of Michigan (0.02%). Company insiders that own United Fire Group stock include Barrie W Ernst, Casey D Mahon, David E Conner, Dawn M Jaffray, Dee Ann Mcintyre, James Noyce, Kyle D Skogman, Mary K Quass, Michael J Sheeley, Michael T Wilkins, Neal R Scharmer, Randy A Ramlo and Scott L Carlton. View Institutional Ownership Trends for United Fire Group.

UFCS stock was sold by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan. Company insiders that have sold United Fire Group company stock in the last year include Barrie W Ernst, David E Conner, Dawn M Jaffray, James Noyce, Mary K Quass, Michael J Sheeley, Michael T Wilkins and Neal R Scharmer. View Insider Buying and Selling for United Fire Group.

Shares of UFCS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of UFCS stock can currently be purchased for approximately $56.24.

United Fire Group has a market capitalization of $1.41 billion and generates $1.05 billion in revenue each year. United Fire Group employs 1,180 workers across the globe.

United Fire Group's mailing address is 118 SECOND AVE SE, CEDAR RAPIDS IA, 52407. The insurance provider can be reached via phone at 319-399-5700 or via email at [email protected]