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Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Climate bill: Could coal communities shift to nuclear?
Italy's Lake Garda shrinks to near-historic low amid drought
Germans urged to cap heat in offices this winter to save gas
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Climate bill: Could coal communities shift to nuclear?
Italy's Lake Garda shrinks to near-historic low amid drought
Germans urged to cap heat in offices this winter to save gas
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
Climate bill: Could coal communities shift to nuclear?
Italy's Lake Garda shrinks to near-historic low amid drought
Germans urged to cap heat in offices this winter to save gas
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
NASDAQ:UFCS

United Fire Group - UFCS Stock Forecast, Price & News

$29.96
+0.62 (+2.11%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$29.04
$30.09
50-Day Range
$25.29
$37.12
52-Week Range
$19.85
$37.26
Volume
62,544 shs
Average Volume
86,805 shs
Market Capitalization
$752.89 million
P/E Ratio
11.52
Dividend Yield
2.18%
Price Target
$37.00

United Fire Group MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
23.5% Upside
$37.00 Price Target
Short Interest
Healthy
1.81% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.34mentions of United Fire Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
17.95%
From $1.95 to $2.30 Per Share

Overall MarketRank

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

2.68 out of 5 stars

Finance Sector

40th out of 918 stocks

Fire, Marine, & Casualty Insurance Industry

1st out of 51 stocks

UFCS stock logo

About United Fire Group (NASDAQ:UFCS) Stock

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 founded in 1946 and is headquartered in Cedar Rapids, Iowa.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on UFCS. TheStreet downgraded United Fire Group from a "b-" rating to a "c" rating in a report on Thursday, May 5th. StockNews.com cut shares of United Fire Group from a "buy" rating to a "hold" rating in a research note on Friday, August 5th. Finally, Piper Sandler raised shares of United Fire Group from a "neutral" rating to an "overweight" rating and set a $37.00 price objective on the stock in a research report on Friday, August 5th. They noted that the move was a valuation call.

United Fire Group Trading Up 2.1 %

Shares of NASDAQ:UFCS traded up $0.62 during mid-day trading on Friday, hitting $29.96. The company had a trading volume of 62,544 shares, compared to its average volume of 86,805. The firm has a 50-day simple moving average of $32.52 and a two-hundred day simple moving average of $30.14. The company has a market capitalization of $752.89 million, a PE ratio of 11.52 and a beta of 0.01. United Fire Group has a one year low of $19.85 and a one year high of $37.26.

United Fire Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 17th. Shareholders of record on Friday, June 3rd were paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 2.14%. This is an increase from United Fire Group's previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Thursday, June 2nd. United Fire Group's dividend payout ratio (DPR) is currently 24.62%.

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UFCS Stock News Headlines

United Fire Group (NASDAQ:UFCS) Upgraded at Piper Sandler
United Fire Group (NASDAQ:UFCS) Cut to Hold at StockNews.com
United Fire Group: Two Steps Forward, One Step Back
UFCS: What does Argus have to say about UFCS?
See More Headlines
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UFCS Company Calendar

Last Earnings
11/04/2021
Ex-Dividend for 6/17 Dividend
6/02/2022
Dividend Payable
6/17/2022
Today
8/13/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Fire, marine, & casualty insurance
Sub-Industry
Property & Casualty Insurance
Sector
Finance
Current Symbol
NASDAQ:UFCS
CUSIP
91034010
Employees
1,086
Year Founded
1937

Price Target and Rating

Average Stock Price Forecast
$37.00
High Stock Price Forecast
$37.00
Low Stock Price Forecast
$37.00
Forecasted Upside/Downside
+23.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$80.59 million
Pretax Margin
7.97%

Debt

Sales & Book Value

Annual Sales
$1.07 billion
Cash Flow
$2.02 per share
Book Value
$31.08 per share

Miscellaneous

Free Float
23,692,000
Market Cap
$752.89 million
Optionable
Optionable
Beta
0.01

Social Links


Key Executives

  • Mr. Randy Allan Ramlo (Age 61)
    Pres, CEO, Principal Exec. Officer & Director
    Comp: $1.53M
  • Mr. Michael Todd Wilkins (Age 59)
    Exec. VP & COO
    Comp: $863.4k
  • Mr. Robert Francis Cataldo (Age 51)
    VP and Chief Investment & Strategy Officer
    Comp: $600.88k
  • Mr. Randy Lee Patten A.C.S. (Age 47)
    C.P.C.U., Assistant VP, Controller & Director of Investor Relations
    Comp: $225.23k
  • Mr. Micah Grant Woolstenhulme (Age 46)
    Chief Risk Officer & VP
    Comp: $419.86k
  • Mr. Eric John Martin
    Sr. VP & CFO
  • Mr. Brian Joseph Frese
    Chief Technology Officer & VP
  • Ms. Sarah E. Madsen
    Chief Legal Officer, VP & Corp. Sec.
  • Mr. Allen Ray Sorensen (Age 63)
    VP of Corp. Devel.
  • Mr. Michael John Sheeley (Age 61)
    VP & Chief Marketing Officer













UFCS Stock - 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 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" UFCS shares.
View UFCS analyst ratings
or view top-rated stocks.

What is United Fire Group's stock price forecast for 2022?

1 Wall Street research analysts have issued 12 month target prices for United Fire Group's stock. Their UFCS share price forecasts range from $37.00 to $37.00. On average, they predict the company's share price to reach $37.00 in the next year. This suggests a possible upside of 23.5% from the stock's current price.
View analysts price targets for UFCS
or view top-rated stocks among Wall Street analysts.

How have UFCS shares performed in 2022?

United Fire Group's stock was trading at $23.19 at the beginning of 2022. Since then, UFCS shares have increased by 29.2% and is now trading at $29.96.
View the best growth stocks for 2022 here
.

When is United Fire Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our UFCS earnings forecast
.

How were United Fire Group's earnings last quarter?

United Fire Group, Inc. (NASDAQ:UFCS) posted its quarterly earnings data on Thursday, November, 4th. The insurance provider reported ($0.31) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.31). The insurance provider earned $248.54 million during the quarter, compared to analyst estimates of $254.90 million. United Fire Group had a net margin of 6.70% and a trailing twelve-month return on equity of 8.41%. During the same period last year, the firm posted ($1.37) earnings per share.

How often does United Fire Group pay dividends? What is the dividend yield for United Fire Group?

United Fire Group declared a quarterly dividend on Wednesday, May 18th. Shareholders of record on Friday, June 3rd will be paid a dividend of $0.16 per share on Friday, June 17th. This represents a $0.64 annualized dividend and a dividend yield of 2.14%. The ex-dividend date of this dividend is Thursday, June 2nd. This is an increase from the stock's previous quarterly dividend of $0.15.
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 2.18%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 24.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UFCS will have a dividend payout ratio of 27.83% next year. This indicates that the company will be able to sustain or increase its dividend.
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 a variety of retail and institutional investors. Top institutional investors include Northern Trust Corp (1.17%), Allspring Global Investments Holdings LLC (0.93%), Wells Fargo & Company MN (0.69%), Principal Financial Group Inc. (0.53%), Monarch Partners Asset Management LLC (0.36%) and Envestnet Asset Management Inc. (0.29%). Insiders that own company stock include Dawn M Jaffray, Eric J Martin, George D Milligan, James Noyce, Lura E Mcbride, Mary K Quass, Micah G Woolstenhulme, Michael T Wilkins, Randy A Ramlo, Robert Francis Cataldo 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 $29.96.

How much money does United Fire Group make?

United Fire Group (NASDAQ:UFCS) has a market capitalization of $752.89 million and generates $1.07 billion in revenue each year. The insurance provider earns $80.59 million in net income (profit) each year or $2.60 on an earnings per share basis.

How many employees does United Fire Group have?

The company employs 1,086 workers across the globe.

When was United Fire Group founded?

United Fire Group was founded in 1937.

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 8/13/2022 by MarketBeat.com Staff

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