United Fire Group Stock Forecast, Price & News

United Fire Group's stock was trading at $33.75 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, UFCS stock has decreased by 36.4% and is now trading at $21.47.
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2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for United Fire Group in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
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United Fire Group is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
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United Fire Group will be holding an earnings conference call on Wednesday, November 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

United Fire Group, Inc. (NASDAQ:UFCS) issued its quarterly earnings data on Wednesday, August, 5th. The insurance provider reported ($0.26) EPS for the quarter, beating analysts' consensus estimates of ($0.27) by $0.01. The insurance provider earned $297.80 million during the quarter, compared to the consensus estimate of $285.10 million. United Fire Group had a negative net margin of 8.63% and a negative return on equity of 4.64%.
View United Fire Group's earnings history.

United Fire Group announced a quarterly dividend on Monday, August 24th. Shareholders of record on Friday, September 4th will be paid a dividend of $0.33 per share on Friday, September 18th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 6.15%. The ex-dividend date is Thursday, September 3rd.
View United Fire Group's dividend history.

United Fire Group issued an update on its second quarter 2020 After-Hours earnings guidance on Wednesday, July, 29th. The company provided EPS guidance of -0.28--0.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $-1.22.

2 brokerages have issued twelve-month price objectives for United Fire Group's shares. Their forecasts range from $26.00 to $30.00. On average, they anticipate United Fire Group's stock price to reach $28.00 in the next twelve months. This suggests a possible upside of 30.4% from the stock's current price.
View analysts' price targets for United Fire Group.

United Fire Group saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 217,800 shares, an increase of 14.0% from the August 31st total of 191,100 shares. Based on an average daily trading volume, of 82,800 shares, the short-interest ratio is currently 2.6 days. Approximately 1.0% of the company's stock are sold short.
View United Fire Group's Short Interest.

Some companies that are related to United Fire Group include Berkshire Hathaway (BRK.B), Progressive (PGR), The Allstate (ALL), Travelers Companies (TRV), Markel (MKL), Cincinnati Financial (CINF), Arch Capital Group (ACGL), W. R. Berkley (WRB), Erie Indemnity (ERIE), Fidelity National Financial (FNF), CNA Financial (CNA), First American Financial (FAF), Old Republic International (ORI), RLI (RLI) and AXIS Capital (AXS).
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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 Assenagon Asset Management S.A. (0.44%), Envestnet Asset Management Inc. (0.11%), Louisiana State Employees Retirement System (0.04%) and CWM LLC (0.01%). Company insiders that own United Fire Group stock include Barrie W Ernst, David E Conner, Dawn M Jaffray, James Noyce, Mary K Quass, Michael T Wilkins, Neal R Scharmer, Randy A Ramlo, Robert Francis Cataldo and Scott L Carlton.
View institutional ownership trends for United Fire Group.

UFCS stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Louisiana State Employees Retirement System, Envestnet Asset Management Inc., and CWM LLC. Company insiders that have bought United Fire Group stock in the last two years include Dawn M Jaffray, and Robert Francis Cataldo.
View insider buying and selling activity for United Fire Group.

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, Robinhood, Fidelity, and Charles Schwab.

One share of UFCS stock can currently be purchased for approximately $21.47.

United Fire Group has a market capitalization of $537.42 million and generates $1.20 billion in revenue each year. The insurance provider earns $14.82 million in net income (profit) each year or ($1.08) on an earnings per share basis. United Fire Group employs 1,185 workers across the globe.

The official website for United Fire Group is www.ufginsurance.com.

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]