NASDAQ:UFCS United Fire Group - UFCS Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding United Fire Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $31.78 -0.35 (-1.09%) (As of 02/8/2023 11:58 AM ET) Add Compare Share Share Today's Range$31.67▼$32.4050-Day Range$26.07▼$32.1352-Week Range$23.05▼$37.26Volume24,447 shsAverage Volume51,425 shsMarket Capitalization$800.86 millionP/E Ratio15.35Dividend Yield2.00%Price Target$30.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media United Fire Group MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside5.7% Downside$30.00 Price TargetShort InterestHealthy0.96% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$13,270 Bought Last QuarterProj. Earnings Growth10.24%From $1.27 to $1.40 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.12 out of 5 starsFinance Sector346th out of 861 stocksFire, Marine, & Casualty Insurance Industry17th out of 46 stocks 1.0 Analyst's Opinion Consensus RatingUnited Fire Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $30.00, United Fire Group has a forecasted downside of 5.7% from its current price of $31.81.Amount of Analyst CoverageUnited Fire Group has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.96% of the float of United Fire Group has been sold short.Short Interest Ratio / Days to CoverUnited Fire Group has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in United Fire Group has recently decreased by 4.61%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldUnited Fire Group pays a meaningful dividend of 2.00%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthUnited Fire Group has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of United Fire Group is 30.92%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, United Fire Group will have a dividend payout ratio of 45.71% next year. This indicates that United Fire Group will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for UFCS. Previous Next 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for United Fire Group this week, compared to 1 article on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, United Fire Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $13,270.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 5.71% of the stock of United Fire Group is held by insiders.Percentage Held by Institutions64.56% 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. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for United Fire Group are expected to grow by 10.24% in the coming year, from $1.27 to $1.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of United Fire Group is 15.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.06.Price to Earnings Ratio vs. SectorThe P/E ratio of United Fire Group is 15.37, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 183.95.Price to Book Value per Share RatioUnited Fire Group has a P/B Ratio of 0.91. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About United Fire Group (NASDAQ:UFCS) StockUnited Fire Group, Inc. is a holding company, which engages in the business of writing property, casualty insurance, life insurance, and selling annuities through a network of independent agencies. The firm operates through the following segments: Property and Casualty Insurance and Life Insurance. The Property and Casualty Insurance segment includes commercial lines insurance, personal lines insurance, and assumed reinsurance. The Life Insurance segment includes deferred and immediate annuities, universal life products and traditional life insurance products. The company was founded in January 1946 and is headquartered in Cedar Rapids, IA.Read More 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. Email Address UFCS Stock News HeadlinesJanuary 20, 2023 | finance.yahoo.comKyle Skogman to Retire From UFG Board Following 2023 Annual MeetingJanuary 14, 2023 | seekingalpha.comUFCS United Fire Group, Inc.February 8, 2023 | Investing Trends (Ad)The Biggest "Missing Ingredient" in the $7 Trillion EV MarketChina has owned the graphite market for decades. But the U.S. just added graphite to a list of super-critical minerals... "essential for America's National Defense." Perfect timing for a "made in America" graphite company looking to mine, manufacture, and recycle graphite for the booming electric car market.January 13, 2023 | reuters.comUFCS.C - | Stock Price & Latest News | ReutersJanuary 11, 2023 | finance.yahoo.comUnited Fire Group (NASDAQ:UFCS) shareholders have endured a 24% loss from investing in the stock five years agoJanuary 5, 2023 | finance.yahoo.comUFG Insurance Appoints Julie Stephenson as New Chief Operating OfficerDecember 7, 2022 | finance.yahoo.comDo United Fire Group's (NASDAQ:UFCS) Earnings Warrant Your Attention?November 9, 2022 | finance.yahoo.comUnited Fire Group Third Quarter 2022 Earnings: US$0.91 loss per share (vs US$0.38 loss in 3Q 2021)February 8, 2023 | Investing Trends (Ad)The Biggest "Missing Ingredient" in the $7 Trillion EV MarketChina has owned the graphite market for decades. But the U.S. just added graphite to a list of super-critical minerals... "essential for America's National Defense." Perfect timing for a "made in America" graphite company looking to mine, manufacture, and recycle graphite for the booming electric car market.November 5, 2022 | finance.yahoo.comA number of insiders bought United Fire Group, Inc. (NASDAQ:UFCS) stock last year, which is great news for shareholdersOctober 27, 2022 | finance.yahoo.comUnited Fire Group, Inc. Reports Estimates for Third Quarter 2022 ResultsOctober 19, 2022 | finance.yahoo.comUnited Fire Group, Inc. (NASDAQ:UFCS) is a favorite amongst institutional investors who own 67%October 11, 2022 | finance.yahoo.comUnited Fire Group, Inc. Announces Its 2022 Third Quarter Earnings CallOctober 7, 2022 | nasdaq.comIs United Fire Group, Inc.'s (NASDAQ:UFCS) Stock Price Struggling As A Result Of Its Mixed Financials?September 22, 2022 | reuters.comUnited Fire Group IncSeptember 8, 2022 | finance.yahoo.comUnited Fire Group, Inc. (UFCS)August 19, 2022 | finance.yahoo.comUnited Fire Group, Inc. Declares a Common Stock Quarterly Cash Dividend of $0.16 per ShareAugust 16, 2022 | finance.yahoo.comUnited Fire Group Chief Operating Officer Mike Wilkins to RetireAugust 9, 2022 | msn.comRed Bluff Fire Department holds Change of Command ceremonyAugust 6, 2022 | seekingalpha.comUnited Fire Group, Inc. (UFCS) CEO Randy Ramlo on Q2 2022 Results - Earnings Call TranscriptAugust 6, 2022 | seekingalpha.comUnited Fire Group: Two Steps Forward, One Step BackAugust 4, 2022 | finance.yahoo.comUnited Fire Group (UFCS) Lags Q2 Earnings and Revenue EstimatesAugust 4, 2022 | finance.yahoo.comUnited Fire Group (NASDAQ:UFCS) shareholders have endured a 22% loss from investing in the stock three years agoJuly 7, 2022 | marketwatch.comUnited Fire Group Names Kevin Leidwinger President, CEO >UFCSJune 28, 2022 | finance.yahoo.comAre Investors Undervaluing The Hanover Insurance Group (THG) Right Now?June 22, 2022 | finance.yahoo.comStrength Seen in United Fire (UFCS): Can Its 5.4% Jump Turn into More Strength?June 22, 2022 | finance.yahoo.comStrength Seen in United Fire (UFCS): Can Its 5.4% Jump Turn into More Strength?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address UFCS Company Calendar Last Earnings11/04/2021Ex-Dividend for 12/16 Dividend12/01/2022Dividend Payable12/16/2022Today2/08/2023Next Earnings (Confirmed)2/15/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Fire, marine, & casualty insurance Sub-IndustryProperty & Casualty Insurance SectorFinance Current SymbolNASDAQ:UFCS CUSIP91034010 CIK101199 Webwww.ufginsurance.com Phone(319) 399-5700Fax319-399-5499Employees1,086Year Founded1937Price Target and Rating Average Stock Price Forecast$30.00 High Stock Price Forecast$30.00 Low Stock Price Forecast$30.00 Forecasted Upside/Downside-5.6%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.07 Trailing P/E Ratio15.35 Forward P/E Ratio25.02 P/E GrowthN/ANet Income$80.59 million Net Margins5.41% Pretax Margin6.35% Return on Equity8.22% Return on Assets2.26% Debt Debt-to-Equity RatioN/A Current Ratio0.31 Quick Ratio0.31 Sales & Book Value Annual Sales$1.07 billion Price / Sales0.75 Cash Flow$1.97 per share Price / Cash Flow16.15 Book Value$35.05 per share Price / Book0.91Miscellaneous Outstanding Shares25,200,000Free Float23,758,000Market Cap$800.86 million OptionableOptionable Beta0.14 Social Links Key ExecutivesKevin James LeidwingerPresident, Chief Executive Officer & DirectorEric J. MartinChief Financial Officer & Senior Vice PresidentBrian Joseph FreseChief Technology Officer & Vice PresidentMichael J. SheeleyChief Marketing Officer & Vice PresidentCorey Lynn RuehleChief Claims Officer & Vice PresidentKey CompetitorsProAssuranceNYSE:PRAAMERISAFENASDAQ:AMSFDonegal GroupNASDAQ:DGICAHCI GroupNYSE:HCIGlobal Indemnity GroupNASDAQ:GBLIView All CompetitorsInsiders & InstitutionsEnvestnet Asset Management Inc.Sold 1,291 shares on 2/7/2023Ownership: 0.318%Oppenheimer Asset Management Inc.Sold 424 shares on 2/7/2023Ownership: 0.073%Texas Permanent School FundSold 1,014 shares on 2/7/2023Ownership: 0.058%State Board of Administration of Florida Retirement SystemSold 3,460 shares on 2/7/2023Ownership: 0.047%Simplex Trading LLCBought 1,200 shares on 2/2/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions 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 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" UFCS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UFCS, but not buy additional shares or sell existing shares. View UFCS analyst ratings or view top-rated stocks. What is United Fire Group's stock price forecast for 2023? 1 analysts have issued 12-month price targets for United Fire Group's stock. Their UFCS share price forecasts range from $30.00 to $30.00. On average, they expect the company's share price to reach $30.00 in the next twelve months. This suggests that the stock has a possible downside of 6.6%. 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 beginning of 2023. Since then, UFCS shares have increased by 17.4% and is now trading at $32.13. 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 15th 2023. View our UFCS earnings forecast. How can I listen to United Fire Group's earnings call? United Fire Group will be holding an earnings conference call on Thursday, February 16th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "8764312". How were United Fire Group's earnings last quarter? United Fire Group, Inc. (NASDAQ:UFCS) posted its earnings results on Thursday, November, 4th. The insurance provider reported ($0.31) earnings per share for the quarter, hitting the consensus estimate of ($0.31). The insurance provider earned $248.54 million during the quarter, compared to the consensus estimate of $254.90 million. United Fire Group had a trailing twelve-month return on equity of 8.22% and a net margin of 5.41%. During the same period in the previous 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 announced a quarterly dividend on Friday, November 18th. Stockholders of record on Friday, December 2nd will be given a dividend of $0.16 per share on Friday, December 16th. This represents a $0.64 annualized dividend and a yield of 1.99%. The ex-dividend date of this dividend is Thursday, December 1st. 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 2.00%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 30.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UFCS will have a dividend payout ratio of 45.71% 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 institutional and retail investors. Top institutional investors include New York State Common Retirement Fund (1.10%), Allspring Global Investments Holdings LLC (0.67%), Foundry Partners LLC (0.47%), Envestnet Asset Management Inc. (0.32%), Oppenheimer Asset Management Inc. (0.07%) and Texas Permanent School Fund (0.06%). Insiders that own company stock include Dawn M Jaffray, Eric J Martin, George D Milligan, James Noyce, Lura E Mcbride, Mark A Green, Mary K Quass, Micah G Woolstenhulme, 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 $32.13. How much money does United Fire Group make? United Fire Group (NASDAQ:UFCS) has a market capitalization of $809.68 million and generates $1.07 billion in revenue each year. The insurance provider earns $80.59 million in net income (profit) each year or $2.07 on an earnings per share basis. How many employees does United Fire Group have? The company employs 1,086 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 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 2/8/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: 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. 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