United Fire Group - UFCS Stock Forecast, Price & News

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.

1 Wall Street analysts have issued 1-year target prices for United Fire Group's shares. Their UFCS share price forecasts range from $25.00 to $25.00. On average, they anticipate the company's share price to reach $25.00 in the next twelve months. This suggests that the stock has a possible downside of 5.2%.
View analysts price targets for UFCS or view top-rated stocks among Wall Street analysts.

United Fire Group's stock was trading at $27.36 at the beginning of the year. Since then, UFCS stock has decreased by 3.7% and is now trading at $26.36.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our UFCS earnings forecast.

United Fire Group, Inc. (NASDAQ:UFCS) posted its earnings results on Thursday, November, 4th. The insurance provider reported ($0.31) EPS for the quarter, meeting analysts' consensus estimates 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 1.53% and a trailing twelve-month return on equity of 3.61%. During the same period last year, the company posted ($1.37) EPS.

United Fire Group declared a quarterly dividend on Friday, February 24th. Shareholders of record on Friday, March 10th will be given a dividend of $0.16 per share on Friday, March 24th. This represents a $0.64 annualized dividend and a dividend yield of 2.43%. The ex-dividend date is Thursday, March 9th.
Read our dividend analysis for UFCS.

ETFs with the largest weight of United Fire Group (NASDAQ:UFCS) stock in their portfolio include Invesco S&P SmallCap Value with Momentum ETF (XSVM), iShares US Small Cap Value Factor ETF (SVAL), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Hartford Multifactor Small Cap ETF (ROSC), Invesco S&P SmallCap Financials ETF (PSCF), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), Syntax Stratified SmallCap ETF (SSLY) and Invesco S&P SmallCap Momentum ETF (XSMO).

United Fire Group (NASDAQ:UFCS) pays an annual dividend of $0.64 per share and currently has a dividend yield of 2.43%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 110.34%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, UFCS will have a dividend payout ratio of 40.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for UFCS.

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.

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).

United Fire Group trades on the NASDAQ under the ticker symbol "UFCS."

United Fire Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.68%), Earnest Partners LLC (6.60%), Bank of America Corp DE (1.87%), Geode Capital Management LLC (1.64%), Charles Schwab Investment Management Inc. (1.29%) and Systematic Financial Management LP (1.26%). 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.
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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.
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One share of UFCS stock can currently be purchased for approximately $26.36.

United Fire Group (NASDAQ:UFCS) has a market capitalization of $664.80 million and generates $980.29 million in revenue each year. The insurance provider earns $15.03 million in net income (profit) each year or $0.58 on an earnings per share basis.

The company employs 1,091 workers across the globe.

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.