About United Fire Group (NASDAQ:UFCS)
United Fire Group, Inc., formerly United Fire & Casualty Company, is engaged in the business of writing property and casualty insurance and life insurance and selling annuities. The Company operates in two segments: property and casualty insurance, and life insurance. The Company's property and casualty insurance segment consists of commercial lines insurance, including surety bonds, personal lines insurance and assumed insurance. Its life insurance segment consists of deferred and immediate annuities, universal life insurance products and traditional life insurance products. Its life insurance segment consists solely of the operations of United Life Insurance Company. On February 1, 2012, the Company completed a holding company reorganization of United Fire Group, Inc., United Fire & Casualty Company and UFC MergeCo, Inc. On March 28, 2011, the Company acquired Mercer Insurance Group, Inc. (Mercer Insurance Group).
Industry, Sector and Symbol:
- Industry: Property & Casualty Insurance
- Sub-Industry: Property & Casualty Insurance
- Sector: Finance
- Symbol: NASDAQ:UFCS
- CUSIP: 91034010
- Web: www.unitedfiregroup.com
- Current Ratio: 0.31%
- Quick Ratio: 0.31%
Sales & Book Value:
- Trailing P/E Ratio: 105.6
- Annual Sales: $1.14 billion
- Price / Sales: 1.04
- Cash Flow: $2.05 per share
- Price / Cash: 23.19
- Book Value: $37.14 per share
- Price / Book: 1.28
- Annual Dividend: $1.12
- Dividend Yield: 2.4%
- Trailing EPS: $0.63
- Net Income: $49.90 million
- Net Margins: 1.49%
- Return on Equity: 1.32%
- Return on Assets: 0.30%
- Employees: 1,112
- Outstanding Shares: 24,880,000
Frequently Asked Questions for United Fire Group (NASDAQ:UFCS)
What is United Fire Group's stock symbol?
United Fire Group trades on the NASDAQ under the ticker symbol "UFCS."
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 given a dividend of $0.28 per share on Friday, December 15th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.35%. The ex-dividend date is Thursday, November 30th. View United Fire Group's Dividend History.
How will United Fire Group's stock buyback program work?
United Fire Group announced that its board has approved a stock buyback program on Thursday, November 9th 2017, which allows the company to buyback 2,240,000 shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its stock is undervalued.
How were United Fire Group's earnings last quarter?
United Fire Group, Inc (NASDAQ:UFCS) posted its quarterly earnings results on Wednesday, November, 8th. The insurance provider reported ($0.73) EPS for the quarter, missing the consensus estimate of $0.14 by $0.87. The insurance provider had revenue of $269.55 million for the quarter. United Fire Group had a net margin of 1.49% and a return on equity of 1.32%. View United Fire Group's Earnings History.
When will United Fire Group make its next earnings announcement?
Where is United Fire Group's stock going? Where will United Fire Group's stock price be in 2017?
3 brokerages have issued 12-month target prices for United Fire Group's stock. Their forecasts range from $44.00 to $48.00. On average, they expect United Fire Group's stock price to reach $46.33 in the next twelve months. View Analyst Ratings for United Fire Group.
Who are some of United Fire Group's key competitors?
Some companies that are related to United Fire Group include Saga plc (SAGA), Montpelier Re Holdings (MRH), Horace Mann Educators Corporation (HMN), Argo Group International Holdings (AGII), OneBeacon Insurance Group (OB), Employers Holdings (EIG), The Navigators Group (NAVG), Lancashire Holdings Limited (LRE), James River Group Holdings (JRVR), State Auto Financial Corporation (STFC), Esure Group PLC (ESUR), Kinsale Capital Group (KNSL), Universal Insurance Holdings (UVE), State National Companies (SNC), MBIA (MBI), United Insurance Holdings Corp. (UIHC), EMC Insurance Group (EMCI) and First Financial Corporation Indiana (THFF).
Who are United Fire Group's key executives?
United Fire Group's management team includes the folowing people:
- Jack B. Evans, Independent Chairman of the Board (Age 69)
- Randy A. Ramlo, President, Chief Executive Officer, Director (Age 55)
- Dawn M. Jaffray, Chief Financial Officer, Senior Vice President (Age 50)
- Michael T. Wilkins, Chief Operating Officer, Executive Vice President (Age 53)
- Barrie W. Ernst, Chief Investment Officer, Vice President (Age 62)
- Neal R. Scharmer, Vice President, General Counsel, Corporate Secretary (Age 60)
- Michael J. Sheeley, Vice President, Chief Operating Officer of United Life Insurance Company (Age 56)
- John-Paul E. Besong, Independent Director (Age 63)
- Scott L. Carlton, Independent Director (Age 48)
- Brenda Kay Clancy, Independent Director (Age 62)
Who owns United Fire Group stock?
United Fire Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.45%), Earnest Partners LLC (5.62%), Systematic Financial Management LP (2.03%), Bank of New York Mellon Corp (1.15%), Ameriprise Financial Inc. (1.09%) and Macquarie Group Ltd. (1.09%). Company insiders that own United Fire Group stock include Barrie W Ernst, Casey D Mahon, Christopher R Drahozal, David E Conner, Dawn M Jaffray, Kyle D Skogman, Michael J Sheeley, Neal R Scharmer, Randy A Ramlo, Sarah Fisher Gardial and Scott L Carlton. View Institutional Ownership Trends for United Fire Group.
Who sold United Fire Group stock? Who is selling United Fire Group stock?
United Fire Group's stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, GSA Capital Partners LLP, Bank of New York Mellon Corp, Systematic Financial Management LP, JPMorgan Chase & Co., California State Teachers Retirement System, Principal Financial Group Inc. and Great West Life Assurance Co. Can. Company insiders that have sold United Fire Group company stock in the last year include Barrie W Ernst, Casey D Mahon, David E Conner, Kyle D Skogman, Randy A Ramlo and Scott L Carlton. View Insider Buying and Selling for United Fire Group.
Who bought United Fire Group stock? Who is buying United Fire Group stock?
United Fire Group's stock was purchased by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Earnest Partners LLC, Wells Fargo & Company MN, Russell Investments Group Ltd., Citadel Advisors LLC, Trexquant Investment LP, Crossmark Global Holdings Inc. and BNP Paribas Arbitrage SA. Company insiders that have bought United Fire Group stock in the last two years include Dawn M Jaffray and Sarah Fisher Gardial. View Insider Buying and Selling for United Fire Group.
How do I buy United Fire Group stock?
Shares of United Fire Group 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.
What is United Fire Group's stock price today?
One share of United Fire Group stock can currently be purchased for approximately $47.56.
How big of a company is United Fire Group?
United Fire Group has a market capitalization of $1.18 billion and generates $1.14 billion in revenue each year. The insurance provider earns $49.90 million in net income (profit) each year or $0.63 on an earnings per share basis. United Fire Group employs 1,112 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 insurance provider can be reached via phone at 319-399-5700 or via email at [email protected]
MarketBeat Community Rating for United Fire Group (NASDAQ UFCS)MarketBeat's community ratings are surveys of what our community members think about United Fire Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for United Fire Group (NASDAQ:UFCS) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 2 Hold Ratings, 1 Buy Rating, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.33)|
|Consensus Price Target: ||$46.33 (2.58% downside)|
Consensus Price Target History for United Fire Group (NASDAQ:UFCS)
Analysts' Ratings History for United Fire Group (NASDAQ:UFCS)
(Data available from 11/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/22/2017||Sandler O'Neill||Upgrade||Hold -> Buy||$46.00 -> $47.00||High|
|6/9/2017||Sidoti||Initiated Coverage||Neutral -> Neutral||$48.00||Low|
|3/27/2017||Keefe, Bruyette & Woods||Set Price Target||Hold||$44.00||Low|
Earnings History and Estimates Chart for United Fire Group (NASDAQ:UFCS)
Earnings History by Quarter for United Fire Group (NASDAQ UFCS)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/8/2017||Q3 2017||$0.14||($0.73)||$269.55 million||View||N/A|
|8/2/2017||Q2 2017||$0.11||$0.05||$284.30 million||View||Listen|
|5/3/2017||Q1 2017||$0.83||$0.67||$279.11 million||View||Listen|
|8/4/2015||Q215||$0.22||$0.57||$247.40 million||$255.15 million||View||N/A|
|5/5/2015||Q115||$0.91||$0.92||$248.15 million||$237.60 million||View||N/A|
|2/17/2015||Q414||$0.56||$1.34||$238.80 million||$250.50 million||View||N/A|
|11/4/2014||Q314||($0.01)||($0.10)||$236.40 million||$235.90 million||View||N/A|
|8/5/2014||Q214||$0.31||$0.35||$229.90 million||$232.67 million||View||N/A|
|5/6/2014||Q114||$0.65||$0.47||$228.44 million||$220.71 million||View||N/A|
|2/18/2014||Q413||$0.62||$1.04||$222.36 million||$228.99 million||View||N/A|
|11/5/2013||Q313||$0.37||$0.42||$217.10 million||$223.02 million||View||N/A|
|8/6/2013||Q2 2013||$0.24||$0.50||$210.47 million||$219.72 million||View||N/A|
|5/7/2013||Q1 2013||$0.66||$0.84||$213.60 million||$205.31 million||View||N/A|
|2/19/2013||Q4 2012||($0.10)||$191.55 million||$213.32 million||View||N/A|
|11/5/2012||Q312||$0.32||$0.31||$205.30 million||$176.53 million||View||N/A|
Earnings Estimates for United Fire Group (NASDAQ:UFCS)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for United Fire Group (NASDAQ:UFCS)
|Payout Ratio:||177.78% (Trailing 12 Months of Earnings) |
Dividend History by Quarter for United Fire Group (NASDAQ UFCS)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for United Fire Group (NASDAQ UFCS)
Insider Ownership Percentage: 5.83%
Institutional Ownership Percentage: 58.32%
Insider Trades by Quarter for United Fire Group (NASDAQ UFCS)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|2/22/2017||Dawn M Jaffray||CFO||Buy||500||$41.00||$20,500.00|| |
|1/3/2017||Barrie W Ernst||VP||Sell||6,849||$49.00||$335,601.00|| |
|1/3/2017||Kyle D Skogman||Director||Sell||1,727||$48.85||$84,363.95|| |
|12/20/2016||Scott L Carlton||Director||Sell||7,500||$50.07||$375,525.00|| |
|12/16/2016||Scott L Carlton||Director||Sell||780||$49.91||$38,929.80|| |
|12/14/2016||Randy A Ramlo||CEO||Sell||14,340||$48.82||$700,078.80|| |
|12/13/2016||Casey D Mahon||Director||Sell||2,000||$49.92||$99,840.00|| |
|12/9/2016||David E Conner||VP||Sell||3,500||$48.85||$170,975.00|| |
|11/17/2016||Neal R Scharmer||VP||Sell||4,639||$44.95||$208,523.05|| |
|11/15/2016||Michael J Sheeley||COO||Sell||21||$43.45||$912.45|| |
|11/8/2016||Michael J Sheeley||COO||Sell||925||$38.81||$35,899.25|| |
|9/21/2016||Neal R Scharmer||VP||Sell||2,020||$42.50||$85,850.00|| |
|9/8/2016||David E Conner||VP||Sell||199||$44.00||$8,756.00|| |
|6/15/2016||Christopher R Drahozal||Director||Sell||5,000||$42.04||$210,200.00|| |
|5/10/2016||Kyle D Skogman||Director||Sell||1,333||$40.69||$54,239.77|| |
|5/9/2016||Sarah Fisher Gardial||Director||Buy||100||$40.74||$4,074.00|| |
|11/11/2015||Scott L. Carlton||Director||Sell||12,500||$40.05||$500,625.00|| |
|6/20/2014||John A Rife||Director||Sell||3,501||$29.31||$102,614.31|| |
|6/11/2014||Scott L Carlton||Director||Sell||9,000||$28.51||$256,590.00|| |
|6/6/2014||Scott L Carlton||Director||Sell||2,000||$28.01||$56,020.00|| |
|5/14/2014||John Paul Besong||Director||Buy||1,000||$27.25||$27,250.00|| |
|1/21/2014||John Rife||Director||Sell||6,000||$27.07||$162,420.00|| |
|11/11/2013||Michael Wayne Phillips||Director||Buy||1,100||$29.95||$32,945.00|| |
|9/24/2013||Randy Ramlo||CEO||Sell||3,469||$31.00||$107,539.00|| |
|8/22/2013||Dianne Lyons||CFO||Sell||5,282||$30.44||$160,784.08|| |
|8/21/2013||Barrie Ernst||VP||Sell||2,000||$31.37||$62,740.00|| |
|8/21/2013||Michael Wilkins||EVP||Sell||1,346||$31.43||$42,304.78|| |
|8/20/2013||Dianne Lyons||CFO||Sell||2,400||$32.05||$76,920.00|| |
|8/19/2013||Scott Carlton||Director||Sell||15,000||$32.01||$480,150.00|| |
|8/16/2013||Neal Scharmer||VP||Sell||2,000||$30.00||$60,000.00|| |
|5/16/2013||Michael J Sheeley||COO||Sell||1,500||$28.58||$42,870.00|| |
|2/4/2013||Dee Ann Mcintyre||Major Shareholder||Buy||20,000||$23.64||$472,800.00|| |
|12/27/2012||David E Conner||VP||Sell||1,000||$21.34||$21,340.00|| |
|12/12/2012||Kyle D Skogman||Director||Buy||2,000||$20.90||$41,800.00|| |
|11/16/2012||Jack Evans||Director||Buy||4,000||$19.46||$77,840.00|| |
|11/15/2012||George D Milligan||Director||Buy||2,000||$19.20||$38,400.00|| |
Latest Headlines for United Fire Group (NASDAQ UFCS)
|Comparing United Fire Group (UFCS) and Its Peers|
www.americanbankingnews.com - November 20 at 3:20 PM
|Contrasting United Fire Group (UFCS) & Its Competitors|
www.americanbankingnews.com - November 18 at 9:14 AM
| United Fire Group, Inc (UFCS) Given Consensus Rating of "Buy" by Analysts|
www.americanbankingnews.com - November 17 at 9:30 PM
|United Fire Group, Inc (UFCS) Declares Quarterly Dividend of $0.28|
www.americanbankingnews.com - November 17 at 1:05 PM
|United Fire Group (UFCS) vs. Its Competitors Critical Review|
www.americanbankingnews.com - November 16 at 1:08 PM
|United Fire Group, Inc (UFCS) Posts Earnings Results, Misses Expectations By $0.87 EPS|
www.americanbankingnews.com - November 10 at 4:39 PM
|Stock Repurchase Plan Declared by United Fire Group (UFCS) Board of Directors |
www.americanbankingnews.com - November 9 at 11:20 AM
|United Fire Group's (UFCS) CEO Randy Ramlo on Q3 2017 Results - Earnings Call Transcript|
seekingalpha.com - November 9 at 9:04 AM
|United Fire Group Slips To Loss In Q3|
www.rttnews.com - November 9 at 9:04 AM
|United Fire Group, Inc. Reports Third Quarter 2017 Results|
finance.yahoo.com - November 9 at 9:04 AM
|United Fire Group, Inc. to Host Earnings Call|
finance.yahoo.com - November 9 at 9:04 AM
|United Fire reports 3Q loss|
finance.yahoo.com - November 9 at 9:04 AM
|Edited Transcript of UFCS earnings conference call or presentation 8-Nov-17 3:00pm GMT|
finance.yahoo.com - November 9 at 9:03 AM
|Head-To-Head Comparison: Erie Indemnity (ERIE) versus United Fire Group (UFCS)|
www.americanbankingnews.com - November 1 at 9:16 PM
|BRIEF-United Fire Group sees Q3 2017 loss per share $0.70 to $0.76|
www.reuters.com - November 1 at 10:09 AM
|United Fire Group, Inc (UFCS) Scheduled to Post Quarterly Earnings on Wednesday|
www.americanbankingnews.com - November 1 at 6:32 AM
|United Fire Group, Inc. Reports Estimates for Third Quarter 2017 Results|
finance.yahoo.com - October 31 at 11:23 AM
|Financial Review: United Fire Group (UFCS) versus Its Competitors|
www.americanbankingnews.com - October 30 at 3:22 AM
|Damages for Grenfell fire victims may total just $5 million: Reuters analysis|
www.reuters.com - October 18 at 10:03 AM
|ETFs with exposure to United Fire Group, Inc. : October 17, 2017|
finance.yahoo.com - October 18 at 10:03 AM
|Wireless upgrade would give Yellowstone a black eye: environmentalists|
www.reuters.com - October 13 at 9:39 AM
|United Fire Group, Inc. Announces Its 2017 Third Quarter Earnings Call|
feeds.benzinga.com - October 10 at 11:38 AM
|Old Republic International Corporation (ORI) vs. United Fire Group (UFCS) Head to Head Review|
www.americanbankingnews.com - October 3 at 8:16 PM
|United Fire Group, Inc. :UFCS-US: Earnings Analysis: Q2, 2017 By the Numbers : October 2, 2017|
finance.yahoo.com - October 3 at 2:13 PM
|ETFs with exposure to United Fire Group, Inc. : October 3, 2017|
finance.yahoo.com - October 3 at 2:13 PM
|United Fire Group, Inc. : UFCS-US: Dividend Analysis : September 01st, 2017 (record date) : By the numbers : September 22, 2017|
finance.yahoo.com - September 23 at 10:29 AM
|United Fire Group, Inc (UFCS) Rating Increased to Buy at Sandler O'Neill|
www.americanbankingnews.com - September 22 at 11:02 AM
|United Fire Group (UFCS) and Federated National Holding (FNHC) Head-To-Head Contrast|
www.americanbankingnews.com - September 18 at 12:28 AM
|What Hurricane Irma could mean for stocks|
finance.yahoo.com - September 10 at 9:07 AM
|United Fire Group, Inc. – Value Analysis (NASDAQ:UFCS) : August 21, 2017|
finance.yahoo.com - August 23 at 1:14 PM
|Atlas Financial Holdings (AFH) versus United Fire Group (UFCS) Head-To-Head Survey|
www.americanbankingnews.com - August 22 at 4:08 AM
|Form 8-K UNITED FIRE GROUP INC For: Aug 18|
www.streetinsider.com - August 20 at 11:35 PM
|United Fire Group, Inc. Declares a Common Stock Quarterly Cash Dividend of $0.28 per Share|
feeds.benzinga.com - August 18 at 12:49 PM
|United Fire Group, Inc (UFCS) Announces Quarterly Dividend of $0.28|
www.americanbankingnews.com - August 18 at 12:32 PM
|See what the IHS Markit Score report has to say about United Fire Group Inc.|
finance.yahoo.com - August 11 at 3:33 PM
|United Fire Group, Inc. breached its 50 day moving average in a Bearish Manner : UFCS-US : August 9, 2017|
finance.yahoo.com - August 10 at 9:12 AM
|Head to Head Survey: Atlas Financial Holdings (AFH) versus United Fire Group (NASDAQ:UFCS)|
www.americanbankingnews.com - August 9 at 8:40 AM
|Head-To-Head Comparison: Atlas Financial Holdings (AFH) versus United Fire Group (UFCS)|
www.americanbankingnews.com - August 5 at 12:46 PM
|United Fire Group, Inc (UFCS) Issues Quarterly Earnings Results|
www.americanbankingnews.com - August 3 at 3:58 PM
|Edited Transcript of UFCS earnings conference call or presentation 2-Aug-17 2:00pm GMT|
finance.yahoo.com - August 3 at 8:20 AM
|United Fire Group, Inc. Reports Second Quarter 2017 Results|
finance.yahoo.com - August 2 at 8:14 AM
|United Fire posts 2Q profit|
finance.yahoo.com - August 2 at 8:14 AM
|United Fire Group (NASDAQ:UFCS) vs. XL Group (XL) Head to Head Contrast|
www.americanbankingnews.com - July 31 at 12:35 AM
|Financial Contrast: United Fire Group (UFCS) vs. XL Group (XL)|
www.americanbankingnews.com - July 28 at 8:25 PM
|Atlas Financial Holdings (AFH) vs. United Fire Group (NASDAQ:UFCS) Head to Head Survey|
www.americanbankingnews.com - July 28 at 12:33 PM
|United Fire Group (NASDAQ:UFCS) and Atlas Financial Holdings (AFH) Head-To-Head Contrast|
www.americanbankingnews.com - July 28 at 8:11 AM
|United Fire Group, Inc (UFCS) to Release Quarterly Earnings on Wednesday|
www.americanbankingnews.com - July 26 at 7:45 AM
|Analyzing Berkshire Hathaway (BRK-A) and United Fire Group (NASDAQ:UFCS)|
www.americanbankingnews.com - July 22 at 7:36 AM
|Berkshire Hathaway (BRK-A) and United Fire Group (UFCS) Head-To-Head Comparison|
www.americanbankingnews.com - July 20 at 2:34 PM
|United Fire Group, Inc. Announces Its 2017 Second Quarter Earnings Call|
finance.yahoo.com - July 11 at 9:03 AM
United Fire Group (NASDAQ UFCS) Chart for Tuesday, November, 21, 2017