Should I buy or sell United Fire Group stock right now?

1 Wall Street 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 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 target for 2024?

1 Wall Street research analysts have issued 12 month price objectives for United Fire Group's shares. Their UFCS share price targets range from $18.00 to $18.00. On average, they predict the company's share price to reach $18.00 in the next year. This suggests that the stock has a possible downside of 15.2%. 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 start of the year. Since then, UFCS shares have decreased by 22.4% and is now trading at $21.23. View the best growth stocks for 2023 here .

When is United Fire Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024. 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 Wednesday, November, 1st. The insurance provider reported $0.31 EPS for the quarter, beating analysts' consensus estimates of ($0.16) by $0.47. The insurance provider earned $273.96 million during the quarter, compared to analyst estimates of $275.10 million. United Fire Group had a negative trailing twelve-month return on equity of 6.08% and a negative net margin of 2.68%.

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, November 17th. Stockholders of record on Friday, December 1st will be paid a dividend of $0.16 per share on Friday, December 15th. This represents a $0.64 annualized dividend and a dividend yield of 3.01%. The ex-dividend date of this dividend is Thursday, November 30th. 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 3.02%. 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) .

Who are United Fire Group's major shareholders?

United Fire Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Earnest Partners LLC (5.39%), Invesco Ltd. (1.48%), Charles Schwab Investment Management Inc. (1.33%), Northern Trust Corp (1.14%), Bank of New York Mellon Corp (0.89%) and Envestnet Asset Management Inc. (0.70%). 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 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 .

United Fire Group Stock Price, News & Analysis (NASDAQ:UFCS)

$21.23

+0.02 (+0.09%)

(As of 12/8/2023 ET)

Compare

Today's Range: $21.02
▼
$21.41
50-Day Range: $18.93
▼
$21.51
52-Week Range: $18.41
▼
$32.54

Volume: 55,637 shs
Average Volume: 69,690 shs
Market Capitalization: $536.27 million

P/E Ratio: N/A
Dividend Yield: 3.01%
Price Target: $18.00

United Fire Group MarketRank™ Stock Analysis

Analyst Rating: Sell
1.00 Rating Score
Upside/Downside: 15.2% Downside
$18.00 Price Target
Short Interest: Healthy
1.30% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($1.34) to $1.07 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.37 out of 5 stars

Finance Sector

779th out of 826 stocks

Fire, Marine, & Casualty Insurance Industry

41st out of 46 stocks

0.5

Analyst's Opinion

Consensus Rating
United 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/Downside
According to analysts' consensus price target of $18.00, United Fire Group has a forecasted downside of 15.2% from its current price of $21.23.
Amount of Analyst Coverage
United Fire Group has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.30% of the float of United Fire Group has been sold short.
Short Interest Ratio / Days to Cover
United Fire Group has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in United Fire Group has recently decreased by 15.67%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
United Fire Group pays a meaningful dividend of 3.02%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
United Fire Group has only been increasing its dividend for 1 years.
Dividend Sustainability
Based on earnings estimates, United Fire Group will have a dividend payout ratio of 59.81% next year. This indicates that United Fire Group will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for UFCS.

0.0

News and Social Media Coverage

Search Interest
Only 1 people have searched for UFCS on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, United Fire Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 7.54% of the stock of United Fire Group is held by insiders.
Percentage Held by Institutions
62.15% 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.

1.3

Earnings and Valuation

Earnings Growth
Earnings for United Fire Group are expected to grow in the coming year, from ($1.34) to $1.07 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of United Fire Group is -18.30, 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. Sector
The P/E ratio of United Fire Group is -18.30, 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 Ratio
United Fire Group has a P/B Ratio of 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About United Fire Group Stock (NASDAQ:UFCS)

United 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.

UFCS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

UFCS Stock News Headlines

November 17, 2023 | morningstar.com

United Fire Group Inc UFCS

November 6, 2023 | finance.yahoo.com

United Fire Group, Inc. (NASDAQ:UFCS) Q3 2023 Earnings Call Transcript

December 10, 2023 | DTI Trader (Ad)

All the trading advice you’ve ever received boils down to this

All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.

November 3, 2023 | finance.yahoo.com

Q3 2023 United Fire Group Inc Earnings Call

November 2, 2023 | finance.yahoo.com

United Fire Group Inc (UFCS) Reports Q3 2023 Earnings: Net Income of $6.4 Million

November 1, 2023 | msn.com

United Fire Group (UFCS) Q3 Earnings Surpass Estimates

November 1, 2023 | finance.yahoo.com

United Fire Group, Inc. Reports Third Quarter 2023 Results

October 26, 2023 | finance.yahoo.com

Positive Signs As Multiple Insiders Buy United Fire Group Stock

December 10, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com

October 12, 2023 | finance.yahoo.com

United Fire Group, Inc. Announces Its 2023 Third Quarter Earnings Call

September 22, 2023 | finance.yahoo.com

United Fire Group, Inc. (NASDAQ:UFCS) is a favorite amongst institutional investors who own 65%

August 24, 2023 | finance.yahoo.com

United Fire Group (NASDAQ:UFCS) Is Due To Pay A Dividend Of $0.16

August 21, 2023 | msn.com

United Fire Group: Continue To Stay Away

August 18, 2023 | finance.yahoo.com

AM Best Downgrades Credit Ratings of United Fire Group, Inc. and Its Property/Casualty Subsidiaries

August 18, 2023 | finance.yahoo.com

AM Best downgrades credit ratings of United Fire Group, Inc. and its property/casualty subsidiaries to A- (Excellent) with stable outlook

August 10, 2023 | seekingalpha.com

United Fire Group, Inc. 2023 Q2 - Results - Earnings Call Presentation

August 1, 2023 | markets.businessinsider.com

Piper Sandler Reaffirms Their Sell Rating on United Fire Group (UFCS)

July 31, 2023 | finance.yahoo.com

United Fire Group, Inc. Reports Estimates for Second Quarter 2023 Results

May 21, 2023 | finance.yahoo.com

United Fire Group (NASDAQ:UFCS) Will Pay A Dividend Of $0.16

May 19, 2023 | finance.yahoo.com

Independent Director of United Fire Group Picks Up 1.4% More Stock \

May 17, 2023 | seekingalpha.com

United Fire declares $0.16 dividend

May 13, 2023 | seekingalpha.com

United Fire Group, Inc. 2023 Q1 - Results - Earnings Call Presentation

May 10, 2023 | finance.yahoo.com

Q1 2023 United Fire Group Inc Earnings Call

May 8, 2023 | finance.yahoo.com

United Fire Group (UFCS) Q1 Earnings Miss Estimates

May 8, 2023 | finance.yahoo.com

United Fire Group, Inc. Reports First Quarter 2023 Results

May 4, 2023 | finance.yahoo.com

Heritage Insurance (HRTG) Q1 Earnings and Revenues Surpass Estimates

April 25, 2023 | finance.yahoo.com

United Fire Group, Inc. Announces Its 2023 First Quarter Earnings Call

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.

Company Calendar

Ex-Dividend for 9/15 Dividend: 8/31/2023
Dividend Payable: 9/15/2023
Last Earnings: 11/01/2023
Ex-Dividend for 12/15 Dividend: 11/30/2023
Today: 12/10/2023
Dividend Payable: 12/15/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/21/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Fire, marine, & casualty insurance
Sub-Industry: Property & Casualty Insurance
Sector: Finance
Current Symbol: NASDAQ:UFCS
CUSIP: 91034010
CIK: 101199
Web: www.ufginsurance.com
Phone: (319) 399-5700
Fax: 319-399-5499
Employees: 1,091
Year Founded: 1937

Price Target and Rating

Average Stock Price Target: $18.00
High Stock Price Target: $18.00
Low Stock Price Target: $18.00
Potential Upside/Downside: -15.2%
Consensus Rating: Sell
Rating Score (0-4): 1.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.16)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $15.03 million
Net Margins: -2.68%
Pretax Margin: -3.79%
Return on Equity: -6.08%
Return on Assets: -1.44%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.34
Quick Ratio: 0.34

Sales & Book Value

Annual Sales: $980.29 million
Price / Sales: 0.55
Cash Flow: $1.40 per share
Price / Cash Flow: 15.16
Book Value: $29.37 per share
Price / Book: 0.72

Miscellaneous

Outstanding Shares: 25,260,000
Free Float: 23,360,000
Market Cap: $536.27 million
Optionable: Optionable
Beta: 0.27

Social Links

Beginners Guide To Retirement Stocks

Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report

Key Executives

Mr. Kevin James Leidwinger (Age 59)
President, CEO, Principal Executive Officer & Director
Comp: $1.09M
Mr. Eric John Martin
Executive VP, CFO & Principal Financial Officer
Mr. Robert Francis Cataldo (Age 52)
VP and Chief Investment & Strategy Officer
Comp: $569.98k
Mr. Jeremy Joseph Bahl (Age 45)
Chief Underwriting Officer & VP
Comp: $418.33k
Mr. Micah Grant Woolstenhulme (Age 47)
Chief Risk Officer & VP
Comp: $455.4k
Ms. Julie Anne Stephenson (Age 55)
Executive VP & COO
Mr. Brian Joseph Frese
CTO & VP
Ms. Sarah Emily Madsen (Age 44)
Chief Legal Officer, VP & Corporate Secretary
Mr. Michael John Sheeley (Age 62)
VP & Chief Marketing Officer
Mr. Patrick P. Kane C.P.C.U.
Asst. VP & Region Marketing Manager

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

UFCS Stock Analysis - Frequently Asked Questions

Should I buy or sell United Fire Group stock right now?: 1 Wall Street 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 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 target for 2024?: 1 Wall Street research analysts have issued 12 month price objectives for United Fire Group's shares. Their UFCS share price targets range from $18.00 to $18.00. On average, they predict the company's share price to reach $18.00 in the next year. This suggests that the stock has a possible downside of 15.2%.
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 start of the year. Since then, UFCS shares have decreased by 22.4% and is now trading at $21.23.
View the best growth stocks for 2023 here.
When is United Fire Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 21st 2024.
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 Wednesday, November, 1st. The insurance provider reported $0.31 EPS for the quarter, beating analysts' consensus estimates of ($0.16) by $0.47. The insurance provider earned $273.96 million during the quarter, compared to analyst estimates of $275.10 million. United Fire Group had a negative trailing twelve-month return on equity of 6.08% and a negative net margin of 2.68%.
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, November 17th. Stockholders of record on Friday, December 1st will be paid a dividend of $0.16 per share on Friday, December 15th. This represents a $0.64 annualized dividend and a dividend yield of 3.01%. The ex-dividend date of this dividend is Thursday, November 30th.
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 3.02%.
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).
Who are United Fire Group's major shareholders?: United Fire Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Earnest Partners LLC (5.39%), Invesco Ltd. (1.48%), Charles Schwab Investment Management Inc. (1.33%), Northern Trust Corp (1.14%), Bank of New York Mellon Corp (0.89%) and Envestnet Asset Management Inc. (0.70%). 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 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.

This page (NASDAQ:UFCS) was last updated on 12/10/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial