NYSE:UVE Universal Insurance (UVE) Stock Price, News & Analysis $19.08 -0.91 (-4.55%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$18.79▼$21.7050-Day Range$17.76▼$20.1752-Week Range$11.15▼$22.38Volume455,166 shsAverage Volume179,968 shsMarket Capitalization$549.50 millionP/E Ratio7.48Dividend Yield3.35%Price Target$25.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Universal Insurance alerts: Email Address Universal Insurance MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside31.0% Upside$25.00 Price TargetShort InterestBearish2.70% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-1.23Upright™ Environmental ScoreNews Sentiment0.75Based on 9 Articles This WeekInsider TradingSelling Shares$1.01 M Sold Last QuarterProj. Earnings Growth15.22%From $2.30 to $2.65 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.88 out of 5 starsFinance Sector36th out of 898 stocksFire, Marine, & Casualty Insurance Industry3rd out of 54 stocks 3.5 Analyst's Opinion Consensus RatingUniversal Insurance has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageUniversal Insurance has received no research coverage in the past 90 days.Read more about Universal Insurance's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.70% of the float of Universal Insurance has been sold short.Short Interest Ratio / Days to CoverUniversal Insurance has a short interest ratio ("days to cover") of 4.1.Change versus previous monthShort interest in Universal Insurance has recently increased by 41.05%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldUniversal Insurance pays a meaningful dividend of 3.30%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthUniversal Insurance does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Universal Insurance is 25.10%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Universal Insurance will have a dividend payout ratio of 24.15% next year. This indicates that Universal Insurance will be able to sustain or increase its dividend.Read more about Universal Insurance's dividend. Previous Next 1.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreUniversal Insurance has received a -6.10% net impact score from Upright. Universal Insurance uses resources or causes negative impacts mostly in categories "Scarce human capital", "GHG emissions", and "Physical diseases". The negative contribution in the "GHG emissions" impact category seems to be driven mostly by its "Passenger car insurance services for individuals", "Motorcycle insurance services for individuals", and "Basic home insurance services for individuals" products. See details.Environmental SustainabilityThe Environmental Impact score for Universal Insurance is -1.23. Previous Next 3.2 News and Social Media Coverage News SentimentUniversal Insurance has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Universal Insurance this week, compared to 2 articles on an average week.Search Interest1 people have searched for UVE on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Universal Insurance to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Universal Insurance insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,012,931.00 in company stock.Percentage Held by Insiders17.50% of the stock of Universal Insurance is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions66.61% of the stock of Universal Insurance is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Universal Insurance's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Universal Insurance are expected to grow by 15.22% in the coming year, from $2.30 to $2.65 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Universal Insurance is 7.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Universal Insurance is 7.49, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.03.Price to Book Value per Share RatioUniversal Insurance has a P/B Ratio of 1.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Universal Insurance's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About Universal Insurance Stock (NYSE:UVE)Universal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States. It develops, markets, and underwrites insurance products for personal residential insurance, such as homeowners, renters/tenants, condo unit owners, and dwelling/fire; and offers allied lines, coverage for other structures, and personal property, liability, and personal articles coverages. The company also advises on actuarial issues, oversees distribution, administers claims payments, performs policy administration and underwriting, and assists with reinsurance negotiations; places and manages reinsurance programs for the insurance entities; and operates Clovered.com, a digital agency for various carrier partners and utilization of digital applications for adjusting claims. It offers its products through a network of independent agents, as well as direct-to-consumer online solutions, including digital insurance agency. 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 incorporated in 1990 and is headquartered in Fort Lauderdale, Florida.Read More UVE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart UVE Stock News HeadlinesJuly 26 at 8:12 PM | seekingalpha.comUniversal Insurance Holdings, Inc. (UVE) Q2 2024 Earnings Call TranscriptJuly 25 at 11:48 PM | markets.businessinsider.comUVE Stock Earnings: Universal Insurance Hldgs Beats EPS, Beats Revenue for Q2 2024July 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 25 at 6:46 PM | finance.yahoo.comUniversal Reports Second Quarter 2024 ResultsJuly 23 at 7:46 AM | americanbankingnews.comUniversal Insurance (UVE) Scheduled to Post Earnings on ThursdayJuly 20, 2024 | msn.comNew Universal Orlando Resort ticket offers unlimited visits for Florida residentsMay 30, 2024 | businesswire.comUniversal's Insurance Subsidiaries Complete 2024-2025 Reinsurance ProgramMay 17, 2024 | investorplace.com4 Stocks to Sell Before El Nino Batters Your PortfolioJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.May 14, 2024 | finance.yahoo.comInsider Sale: Director Michael Pietrangelo Sells Shares of Universal Insurance Holdings Inc (UVE)April 30, 2024 | finance.yahoo.comUniversal Insurance Holdings, Inc. (NYSE:UVE) Q1 2024 Earnings Call TranscriptApril 29, 2024 | seekingalpha.comUniversal Insurance Holdings, Inc. (UVE) Q1 2024 Earnings Call TranscriptApril 28, 2024 | finance.yahoo.comUniversal Insurance Holdings First Quarter 2024 Earnings: Beats ExpectationsApril 27, 2024 | finance.yahoo.comUniversal Insurance Holdings Inc (UVE) Q1 2024 Earnings Call Transcript Highlights: Strong ...April 26, 2024 | finance.yahoo.comQ1 2024 Universal Insurance Holdings Inc Earnings CallApril 26, 2024 | markets.businessinsider.comUniversal Insurance earnings preview: what Wall Street is expectingApril 25, 2024 | msn.comUniversal Insurance Non-GAAP EPS of $1.07 beats by $0.03, revenue of $368M beats by $31.91MApril 25, 2024 | investorplace.comUVE Stock Earnings: Universal Insurance Hldgs Beats EPS, Beats Revenue for Q1 2024See More Headlines Receive UVE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Universal Insurance and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings10/27/2021Ex-Dividend for 5/17 Dividend5/09/2024Dividend Payable5/17/2024Today7/26/2024Ex-Dividend for 8/9 Dividend8/02/2024Dividend Payable8/09/2024Next Earnings (Estimated)10/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Fire, marine, & casualty insurance Sub-IndustryProperty & Casualty Insurance Current SymbolNYSE:UVE CUSIP91359V10 CIK891166 Webwww.universalinsuranceholdings.com Phone(954) 958-1200Fax302-636-5454Employees1,244Year FoundedN/APrice Target and Rating Average Stock Price Target$25.00 High Stock Price Target$25.00 Low Stock Price Target$25.00 Potential Upside/Downside+31.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.55 Trailing P/E Ratio7.48 Forward P/E Ratio8.30 P/E GrowthN/ANet Income$66.82 million Net Margins5.29% Pretax Margin7.14% Return on Equity19.67% Return on Assets2.66% Debt Debt-to-Equity Ratio0.28 Current Ratio0.44 Quick Ratio0.44 Sales & Book Value Annual Sales$1.39 billion Price / Sales0.39 Cash Flow$2.47 per share Price / Cash Flow7.74 Book Value$11.69 per share Price / Book1.63Miscellaneous Outstanding Shares28,800,000Free Float23,760,000Market Cap$549.50 million OptionableOptionable Beta0.88 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Sean Patrick Downes (Age 54)Executive Chairman Comp: $2.44MMr. Stephen Joseph Donaghy (Age 59)CEO & Director Comp: $2.54MMr. Frank Crawford Wilcox (Age 58)Chief Financial Officer Comp: $860.03kMs. Kimberly Denice Campos (Age 46)Chief Information Officer, Chief Administrative Officer & Director Comp: $514.61kMr. Michael J. Poloskey (Age 53)Chief Operating Officer Mr. Rob LutherChief Investment OfficerMr. Gary Lloyd RopieckiPrincipal Accounting Officer & SecretaryMr. Darryl Lamont Lewis (Age 59)Chief Legal Officer Comp: $58.33kMr. Jason M. Burns (Age 44)President of Blue Atlantic Mr. Matthew John Palmieri (Age 44)Chief Risk Officer More ExecutivesKey CompetitorsStewart Information ServicesNYSE:STCSafety Insurance GroupNASDAQ:SAFTEmployersNYSE:EIGHCI GroupNYSE:HCIAMERISAFENASDAQ:AMSFView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 13,856 shares on 7/26/2024Ownership: 1.043%Allspring Global Investments Holdings LLCBought 26,863 shares on 7/26/2024Ownership: 0.297%Legato Capital Management LLCBought 42,081 shares on 7/26/2024Ownership: 0.146%Bailard Inc.Bought 4,200 shares on 7/26/2024Ownership: 0.058%Highland Capital Management LLCBought 43,718 shares on 7/25/2024Ownership: 0.264%View All Insider TransactionsView All Institutional Transactions UVE Stock Analysis - Frequently Asked Questions How have UVE shares performed this year? Universal Insurance's stock was trading at $15.98 at the start of the year. Since then, UVE stock has increased by 19.4% and is now trading at $19.08. View the best growth stocks for 2024 here. How were Universal Insurance's earnings last quarter? Universal Insurance Holdings, Inc. (NYSE:UVE) announced its quarterly earnings results on Wednesday, October, 27th. The insurance provider reported $0.63 EPS for the quarter, topping analysts' consensus estimates of $0.50 by $0.13. The insurance provider earned $269.42 million during the quarter, compared to analyst estimates of $281.82 million. Universal Insurance had a net margin of 5.29% and a trailing twelve-month return on equity of 19.67%. What is Sean P. Downes' approval rating as Universal Insurance's CEO? 39 employees have rated Universal Insurance Chief Executive Officer Sean P. Downes on Glassdoor.com. Sean P. Downes has an approval rating of 84% among the company's employees. Who are Universal Insurance's major shareholders? Universal Insurance's top institutional shareholders include Bank of New York Mellon Corp (1.04%), Allspring Global Investments Holdings LLC (0.30%), Highland Capital Management LLC (0.26%) and Legato Capital Management LLC (0.15%). Insiders that own company stock include Sean P Downes, Stephen Donaghy, Jon Springer, Michael Pietrangelo, Scott P Callahan, Francis Xavier Mccahill III, Gary Lloyd Ropiecki, Frank Wilcox and Marlene Gordon. View institutional ownership trends. How do I buy shares of Universal Insurance? Shares of UVE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Universal Insurance own? Based on aggregate information from My MarketBeat watchlists, some other companies that Universal Insurance investors own include Evolent Health (EVH), Starbucks (SBUX), AT&T (T), Netflix (NFLX), Twitter (TWTR), Verizon Communications (VZ) and Broadcom (AVGO). This page (NYSE:UVE) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredWe recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. And the real wealth has still to be made…Porter & Company | SponsoredNEW AI developed by trader who won 1,129% (in 2 days)Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... 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