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 declared a quarterly dividend on Wednesday, May 16th. Investors 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 an increase from United Fire Group's previous quarterly dividend of $0.28. View United Fire Group's Dividend History.

United Fire Group announced that its Board of Directors has initiated a share repurchase program on Thursday, November 9th 2017, which allows the company to repurchase 2,240,000 shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board of directors believes its shares are undervalued.

United Fire Group, Inc. (NASDAQ:UFCS) issued its quarterly earnings results on Wednesday, May, 9th. The insurance provider reported $1.00 EPS for the quarter, beating the Zacks' consensus estimate of $0.83 by $0.17. The insurance provider earned $258.66 million during the quarter. United Fire Group had a return on equity of 3.25% and a net margin of 7.11%. During the same period in the previous year, the firm 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 brokers have issued 12-month target prices for United Fire Group's shares. Their forecasts range from $53.00 to $53.00. On average, they anticipate United Fire Group's share price to reach $53.00 in the next year. This suggests that the stock has a possible downside of 6.0%. 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), White Mountains Insurance Group (WTM), Selective Insurance Group (SIGI), RLI (RLI), National General (NGHC), AmTrust Financial Services (AFSI), Mercury General (MCY), Aspen Insurance (AHL), ProAssurance (PRA) and Horace Mann Educators (HMN).

Media headlines about UFCS stock have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. United Fire Group earned a news sentiment score of 0.19 on Accern's scale. They also gave media headlines about the insurance provider an impact score of 44.74 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

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 $56.38.

United Fire Group has a market capitalization of $1.40 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]