Universal Insurance Stock Price, News & Analysis (NYSE:UVE) $16.74 +0.04 (+0.24%) (As of 01:50 PM ET) Add Compare Share Share Today's Range$16.65▼$16.8750-Day Range$12.91▼$17.3452-Week Range$9.13▼$20.15Volume63,836 shsAverage Volume280,493 shsMarket Capitalization$488.64 millionP/E Ratio7.15Dividend Yield3.82%Price Target$21.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Universal Insurance MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside25.7% Upside$21.00 Price TargetShort InterestHealthy2.78% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-1.23Upright™ Environmental ScoreNews SentimentN/AInsider TradingSelling Shares$322,600 Sold Last QuarterProj. Earnings Growth5.02%From $2.19 to $2.30 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.2.76 out of 5 starsFinance Sector121st out of 856 stocksFire, Marine, & Casualty Insurance Industry5th out of 50 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.00, Universal Insurance has a forecasted upside of 25.7% from its current price of $16.71.Amount of Analyst CoverageUniversal Insurance has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.78% 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 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Universal Insurance has recently increased by 27.03%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipUniversal Insurance is a leading dividend payer. It pays a dividend yield of 3.69%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthUniversal Insurance does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Universal Insurance is 27.35%. 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 27.83% next year. This indicates that Universal Insurance will be able to sustain or increase its 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 0.9 News and Social Media Coverage News SentimentUniversal Insurance has a news sentiment score of -0.33. 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 lower news sentiment than the 0.63 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Universal Insurance this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for UVE on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Universal Insurance to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Universal Insurance insiders have sold 434.55% more of their company's stock than they have bought. Specifically, they have bought $60,350.00 in company stock and sold $322,600.00 in company stock.Percentage Held by Insiders17.70% 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 Institutions66.43% of the stock of Universal Insurance is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Universal Insurance are expected to grow by 5.02% in the coming year, from $2.19 to $2.30 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Universal Insurance is 7.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.26.Price to Earnings Ratio vs. SectorThe P/E ratio of Universal Insurance is 7.14, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.73.Price to Book Value per Share RatioUniversal Insurance has a P/B Ratio of 1.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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 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 HeadlinesNovember 22, 2023 | usatoday.comMutual of Omaha life insurance review 2023November 21, 2023 | seekingalpha.comUniversal Insurance Holdings: Still Undervalued After The YTD Rise Of 62%November 29, 2023 | Tomorrow Investor (Ad)The Only Practical Solution to the World’s Looming Energy CrisisThere’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!November 15, 2023 | stocknews.comAre These 3 Insurance Stocks Worth Watching?November 14, 2023 | morningstar.comUniversal Insurance Holdings Inc UVEOctober 31, 2023 | msn.comIndexed universal life insurance may be the right choice for some people – but probably not youOctober 31, 2023 | finance.yahoo.comThe Universal Insurance Holdings Inc (UVE) Company: A Short SWOT AnalysisOctober 30, 2023 | benzinga.comUniversal Insurance Hldgs Stock (NYSE:UVE), Analyst Ratings, Price Targets, PredictionsNovember 29, 2023 | Tomorrow Investor (Ad)The Only Practical Solution to the World’s Looming Energy CrisisThere’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!October 28, 2023 | finance.yahoo.comUniversal Insurance Holdings, Inc. (NYSE:UVE) Q3 2023 Earnings Call TranscriptOctober 26, 2023 | finance.yahoo.comUniversal Insurance Holdings Inc (UVE) Reports Q3 2023 EarningsOctober 26, 2023 | finance.yahoo.comUniversal Reports Third Quarter 2023 ResultsOctober 25, 2023 | marketwatch.comPenn Mutual Life Insurance Review (2023)October 17, 2023 | finance.yahoo.comArch Capital Group Ltd. (ACGL) Hit a 52 Week High, Can the Run Continue?October 13, 2023 | finance.yahoo.comProgressive (PGR) Q3 Earnings and Revenues Top EstimatesOctober 12, 2023 | finance.yahoo.comUniversal Announces Third Quarter 2023 Earnings Release and Conference Call DatesOctober 12, 2023 | investing.comUniversal Insurance Company Ltd (UNVI)September 25, 2023 | forbes.comBest Universal Life Insurance Companies Of September 2023September 20, 2023 | finance.yahoo.comUniversal Insurance Holdings, Inc. (NYSE:UVE) is a favorite amongst institutional investors who own 67%September 15, 2023 | msn.comThe plan to offer universal broadband access in Virginia by 2028September 14, 2023 | investing.comUniversal Insurance Company PLC (UNIVINS)September 6, 2023 | markets.businessinsider.comPenn Mutual expands offerings with Survivorship Protection Variable Universal LifeAugust 24, 2023 | marketwatch.comUnderstanding Guaranteed Universal Life Insurance (2023)August 18, 2023 | finance.yahoo.comAre Poor Financial Prospects Dragging Down Universal Insurance Holdings, Inc. (NYSE:UVE Stock?July 30, 2023 | finance.yahoo.comUniversal Insurance Holdings, Inc. (NYSE:UVE) Q2 2023 Earnings Call TranscriptJuly 29, 2023 | finance.yahoo.comQ2 2023 Universal Insurance Holdings Inc Earnings CallJuly 27, 2023 | businesswire.comUniversal Reports Second Quarter 2023 ResultsSee 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 Earnings10/26/2023Today11/29/2023Ex-Dividend for 12/15 Dividend12/07/2023Dividend Payable12/15/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/22/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Fire, marine, & casualty insurance Sub-IndustryProperty & Casualty Insurance SectorFinance Current SymbolNYSE:UVE CUSIP91359V10 CIK891166 Webwww.universalinsuranceholdings.com Phone(954) 958-1200Fax302-636-5454Employees1,223Year FoundedN/APrice Target and Rating Average Stock Price Target$21.00 High Stock Price Target$21.00 Low Stock Price Target$21.00 Potential Upside/Downside+25.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.34 Trailing P/E Ratio7.14 Forward P/E Ratio7.63 P/E GrowthN/ANet Income$-22,260,000.00 Net Margins5.34% Pretax Margin7.08% Return on Equity21.95% Return on Assets2.50% Debt Debt-to-Equity Ratio0.34 Current Ratio0.58 Quick Ratio0.58 Sales & Book Value Annual Sales$1.22 billion Price / Sales0.40 Cash Flow$0.11 per share Price / Cash Flow150.91 Book Value$10.33 per share Price / Book1.62Miscellaneous Outstanding Shares29,190,000Free Float24,020,000Market Cap$487.47 million OptionableOptionable Beta0.79 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Sean Patrick Downes (Age 53)Executive Chairman Comp: $1.57MMr. Stephen Joseph Donaghy (Age 58)CEO & Director Comp: $2.52MMr. Frank Crawford Wilcox (Age 57)Chief Financial Officer Comp: $848.86kMs. Kimberly Denice Campos (Age 45)Chief Information Officer, Chief Administrative Officer & Director Comp: $442.29kMr. Michael J. Poloskey (Age 52)Chief Operating Officer Mr. Rob LutherChief Investment OfficerMr. Gary Lloyd RopieckiPrincipal Accounting Officer & SecretaryMr. Darryl Lamont Lewis (Age 58)Chief Legal Officer Comp: $58.33kMr. Jason M. Burns (Age 43)President of Blue Atlantic Mr. Matthew John Palmieri (Age 43)Chief Risk Officer More ExecutivesKey CompetitorsDonegal GroupNASDAQ:DGICAGlobal Indemnity GroupNASDAQ:GBLIUnited Fire GroupNASDAQ:UFCSProAssuranceNYSE:PRAHCI GroupNYSE:HCIView All CompetitorsInsiders & InstitutionsDeutsche Bank AGBought 1,961 shares on 11/24/2023Ownership: 0.046%Graham Capital Management L.P.Bought 23,391 shares on 11/22/2023Ownership: 0.080%Walleye Capital LLCBought 25,987 shares on 11/21/2023Ownership: 0.089%Comerica BankBought 12,600 shares on 11/21/2023Ownership: 0.043%Tompkins Financial CorpBought 10,897 shares on 11/21/2023Ownership: 0.037%View All Insider TransactionsView All Institutional Transactions UVE Stock Analysis - Frequently Asked Questions Should I buy or sell Universal Insurance stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Universal Insurance in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" UVE shares. View UVE analyst ratings or view top-rated stocks. What is Universal Insurance's stock price target for 2024? 1 analysts have issued 1-year price objectives for Universal Insurance's shares. Their UVE share price targets range from $21.00 to $21.00. On average, they predict the company's stock price to reach $21.00 in the next year. This suggests a possible upside of 25.7% from the stock's current price. View analysts price targets for UVE or view top-rated stocks among Wall Street analysts. How have UVE shares performed in 2023? Universal Insurance's stock was trading at $10.59 at the beginning of 2023. Since then, UVE shares have increased by 57.8% and is now trading at $16.71. View the best growth stocks for 2023 here. Are investors shorting Universal Insurance? Universal Insurance saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 726,600 shares, an increase of 27.0% from the October 31st total of 572,000 shares. Based on an average trading volume of 422,300 shares, the days-to-cover ratio is presently 1.7 days. Approximately 2.8% of the shares of the company are short sold. View Universal Insurance's Short Interest. When is Universal Insurance's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 22nd 2024. View our UVE earnings forecast. How were Universal Insurance's earnings last quarter? Universal Insurance Holdings, Inc. (NYSE:UVE) announced its earnings results on Thursday, October, 26th. The insurance provider reported ($0.16) earnings per share for the quarter, beating analysts' consensus estimates of ($0.28) by $0.12. The insurance provider had revenue of $360.05 million for the quarter, compared to analyst estimates of $322.48 million. Universal Insurance had a trailing twelve-month return on equity of 21.95% and a net margin of 5.34%. How often does Universal Insurance pay dividends? What is the dividend yield for Universal Insurance? Universal Insurance announced a None dividend on Wednesday, November 15th. Investors of record on Friday, December 8th will be given a dividend of $0.29 per share on Friday, December 15th. This represents a dividend yield of 3.9%. The ex-dividend date of this dividend is Thursday, December 7th. Read our dividend analysis for UVE. Is Universal Insurance a good dividend stock? Universal Insurance (NYSE:UVE) pays an annual dividend of $0.64 per share and currently has a dividend yield of 3.69%. The dividend payout ratio is 27.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, UVE will have a dividend payout ratio of 27.83% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for UVE. What ETFs hold Universal Insurance's stock? ETFs with the largest weight of Universal Insurance (NYSE:UVE) stock in their portfolio include ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco S&P SmallCap 600 Pure Value ETF (RZV) and Invesco KBW Property & Casualty Insurance ETF (KBWP).ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL). 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. 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), Starbucks (SBUX), AT&T (T), Netflix (NFLX), Twitter (TWTR), Verizon Communications (VZ), Broadcom (AVGO), QUALCOMM (QCOM), Gilead Sciences (GILD) and Skyworks Solutions (SWKS). Who are Universal Insurance's major shareholders? Universal Insurance's stock is owned by a number of institutional and retail investors. Top institutional shareholders include CWA Asset Management Group LLC (1.94%), Jacobs Levy Equity Management Inc. (1.49%), Charles Schwab Investment Management Inc. (1.47%), Acadian Asset Management LLC (1.16%), LSV Asset Management (1.07%) and AQR Capital Management LLC (0.91%). Insiders that own company stock include Francis Xavier Mccahill III, Frank Wilcox, Gary Lloyd Ropiecki, Jon Springer, Marlene Gordon, Michael Pietrangelo, Scott P Callahan, Sean P Downes and Stephen Donaghy. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:UVE) was last updated on 11/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Universal Insurance Holdings, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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. 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