NYSE:UVE - Universal Insurance Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$29.75 -0.01 (-0.03 %)
(As of 04/21/2019 04:00 PM ET)
Previous Close$29.75
Today's Range$29.45 - $30.18
52-Week Range$28.92 - $50.50
Volume289,168 shs
Average Volume253,688 shs
Market Capitalization$1.04 billion
P/E Ratio8.31
Dividend Yield2.15%
Beta1.19
Universal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States. The company develops, markets, and underwrites insurance products for personal residential homeowner's insurance. It also provides personal residential insurance, such as homeowners, renters/tenants, condo unit owners, and dwelling/fire, and commercial residential multi-peril; and allied lines, coverage for other structures, and personal property, as well as liability and personal articles coverages. In addition, the company offers policy and claims administration, and reinsurance intermediary services, as well as operates Universal Direct, a direct-to-consumer online platform, which enables homeowners to directly purchase, pay for, and bind homeowners' policies. It provides its products through a network of independent agents. The company was formerly known as Universal Heights, Inc. and changed its name to Universal Insurance Holdings, Inc. in January 2001. Universal Insurance Holdings, Inc. was founded in 1990 and is headquartered in Fort Lauderdale, Florida.

Receive UVE News and Ratings via Email

Sign-up to receive the latest news and ratings for UVE and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
CUSIP91359V10
Phone954-958-1200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$823.82 million
Cash Flow$5.6992 per share
Book Value$14.36 per share

Profitability

Net Income$117.05 million

Miscellaneous

Employees734
Market Cap$1.04 billion
Next Earnings Date4/24/2019 (Confirmed)
OptionableOptionable

Universal Insurance (NYSE:UVE) Frequently Asked Questions

What is Universal Insurance's stock symbol?

Universal Insurance trades on the New York Stock Exchange (NYSE) under the ticker symbol "UVE."

How often does Universal Insurance pay dividends? What is the dividend yield for Universal Insurance?

Universal Insurance announced a quarterly dividend on Thursday, April 11th. Stockholders of record on Friday, May 3rd will be given a dividend of $0.16 per share on Friday, May 10th. This represents a $0.64 annualized dividend and a dividend yield of 2.15%. The ex-dividend date is Thursday, May 2nd. View Universal Insurance's Dividend History.

How will Universal Insurance's stock buyback program work?

Universal Insurance declared that its Board of Directors has approved a share buyback plan on Thursday, November 9th 2017, which authorizes the company to repurchase $20,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued.

How were Universal Insurance's earnings last quarter?

Universal Insurance Holdings, Inc. (NYSE:UVE) issued its earnings results on Monday, October, 29th. The insurance provider reported $1.04 EPS for the quarter, topping analysts' consensus estimates of $1.02 by $0.02. The insurance provider had revenue of $206.16 million for the quarter. Universal Insurance had a return on equity of 25.50% and a net margin of 14.21%. View Universal Insurance's Earnings History.

When is Universal Insurance's next earnings date?

Universal Insurance is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for Universal Insurance.

What price target have analysts set for UVE?

1 brokers have issued 12-month price targets for Universal Insurance's stock. Their predictions range from $44.00 to $44.00. On average, they anticipate Universal Insurance's stock price to reach $44.00 in the next year. This suggests a possible upside of 47.9% from the stock's current price. View Analyst Price Targets for Universal Insurance.

What is the consensus analysts' recommendation for Universal Insurance?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Universal Insurance in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Universal Insurance.

Has Universal Insurance been receiving favorable news coverage?

Press coverage about UVE stock has been trending neutral recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Universal Insurance earned a daily sentiment score of 0.4 on InfoTrie's scale. They also assigned media headlines about the insurance provider a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future.

Who are some of Universal Insurance's key competitors?

What other stocks do shareholders of Universal Insurance own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Universal Insurance investors own include Evolent Health (EVH), Broadcom (AVGO), Starbucks (SBUX), Netflix (NFLX), Bausch Health Companies (BHC), Cisco Systems (csco), Skyworks Solutions (SWKS), Twitter (TWTR), Biogen (BIIB) and CVR Refining (CVRR).

Who are Universal Insurance's key executives?

Universal Insurance's management team includes the folowing people:
  • Mr. Sean Patrick Downes, Chairman & CEO (Age 49)
  • Mr. Jon William Springer, Pres, Chief Risk Officer & Director (Age 49)
  • Mr. Frank Crawford Wilcox, CFO & Principal Accounting Officer (Age 53)
  • Mr. Stephen Joseph Donaghy, COO & Sec. (Age 54)
  • Ms. Kimberly Denice Campos, Chief Information Officer, Chief Admin. Officer & Director (Age 41)

Who are Universal Insurance's major shareholders?

Universal Insurance's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Strs Ohio (0.07%), Meeder Asset Management Inc. (0.02%) and Eqis Capital Management Inc. (0.02%). Company insiders that own Universal Insurance stock include Frank Wilcox, Jon Springer, Kimberly D Campos, Michael Pietrangelo, Ozzie A Schindler, Ralph J Palmieri, Scott P Callahan, Sean P Downes and Stephen Donaghy. View Institutional Ownership Trends for Universal Insurance.

Which major investors are selling Universal Insurance stock?

UVE stock was sold by a variety of institutional investors in the last quarter, including Eqis Capital Management Inc.. Company insiders that have sold Universal Insurance company stock in the last year include Frank Wilcox, Jon Springer, Kimberly D Campos, Michael Pietrangelo, Ozzie A Schindler, Ralph J Palmieri, Sean P Downes and Stephen Donaghy. View Insider Buying and Selling for Universal Insurance.

Which major investors are buying Universal Insurance stock?

UVE stock was bought by a variety of institutional investors in the last quarter, including Strs Ohio and Meeder Asset Management Inc.. Company insiders that have bought Universal Insurance stock in the last two years include Frank Wilcox and Stephen Donaghy. View Insider Buying and Selling for Universal Insurance.

How do I buy shares of Universal Insurance?

Shares of UVE 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 Universal Insurance's stock price today?

One share of UVE stock can currently be purchased for approximately $29.75.

How big of a company is Universal Insurance?

Universal Insurance has a market capitalization of $1.04 billion and generates $823.82 million in revenue each year. Universal Insurance employs 734 workers across the globe.

What is Universal Insurance's official website?

The official website for Universal Insurance is http://www.universalinsuranceholdings.com.

How can I contact Universal Insurance?

Universal Insurance's mailing address is 1110 WEST COMMERCIAL BOULEVARD SUITE 100, FORT LAUDERDALE FL, 33309. The insurance provider can be reached via phone at 954-958-1200 or via email at [email protected]


MarketBeat Community Rating for Universal Insurance (NYSE UVE)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  208 (Vote Outperform)
Underperform Votes:  203 (Vote Underperform)
Total Votes:  411
MarketBeat's community ratings are surveys of what our community members think about Universal Insurance and other stocks. Vote "Outperform" if you believe UVE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe UVE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/21/2019 by MarketBeat.com Staff

Featured Article: Convertible Shares

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel