NYSE:UVE - Universal Insurance Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$35.35 +0.55 (+1.58 %)
(As of 06/22/2018 04:00 PM ET)
Previous Close$34.80
Today's Range$34.85 - $35.45
52-Week Range$15.07 - $36.85
Volume391,800 shs
Average Volume238,333 shs
Market Capitalization$1.23 billion
P/E Ratio10.78
Dividend Yield1.60%
Beta1.71
Universal Insurance logoUniversal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States. The company primarily offers personal residential homeowner's insurance. It also underwrites homeowner's multi-peril insurance; and fire, commercial multi-peril, and other liability lines of business. 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 based 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
SymbolNYSE:UVE
CUSIP91359V10
Phone954-958-1200

Debt

Debt-to-Equity Ratio0.03
Current Ratio0.56
Quick Ratio0.56

Price-To-Earnings

Trailing P/E Ratio10.78
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$751.92 million
Price / Sales1.65
Cash Flow$3.3667 per share
Price / Cash10.50
Book Value$12.77 per share
Price / Book2.77

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$106.93 million
Net Margins15.07%
Return on Equity26.52%
Return on Assets7.75%

Miscellaneous

Employees558
Outstanding Shares35,060,000

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 declared a quarterly dividend on Wednesday, May 30th. Stockholders of record on Monday, July 2nd will be given a dividend of $0.16 per share on Monday, July 16th. This represents a $0.64 annualized dividend and a dividend yield of 1.81%. The ex-dividend date of this dividend is Friday, June 29th. This is an increase from Universal Insurance's previous quarterly dividend of $0.14. View Universal Insurance's Dividend History.

How will Universal Insurance's stock buyback program work?

Universal Insurance declared that its Board of Directors has authorized a stock repurchase program 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 purchase shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company's management believes its stock is undervalued.

How were Universal Insurance's earnings last quarter?

Universal Insurance Holdings, Inc. (NYSE:UVE) announced its quarterly earnings data on Tuesday, April, 24th. The insurance provider reported $1.26 EPS for the quarter, topping the Zacks' consensus estimate of $0.91 by $0.35. The insurance provider had revenue of $191.50 million for the quarter. Universal Insurance had a net margin of 15.07% and a return on equity of 26.52%. 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 Monday, July, 30th 2018. View Earnings Estimates for Universal Insurance.

What price target have analysts set for UVE?

1 analysts have issued 1 year price objectives for Universal Insurance's stock. Their predictions range from $35.00 to $35.00. On average, they anticipate Universal Insurance's stock price to reach $35.00 in the next twelve months. View Analyst Ratings for Universal Insurance.

Who are some of Universal Insurance's key competitors?

Who are Universal Insurance's key executives?

Universal Insurance's management team includes the folowing people:
  • Mr. Sean Patrick Downes, Chairman & Chief Exec. Officer (Age 48)
  • Mr. Jon William Springer, Pres, Chief Risk Officer & Director (Age 48)
  • Mr. Frank Crawford Wilcox, CFO & Principal Accounting Officer (Age 52)
  • Mr. Stephen J. Donaghy, Chief Operating Officer and Sec. (Age 53)
  • Ms. Kimberly Denice Cooper, Chief Admin. Officer, Chief Information Officer & Director (Age 40)

Has Universal Insurance been receiving favorable news coverage?

News articles about UVE stock have been trending positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Universal Insurance earned a daily sentiment score of 0.37 on Accern's scale. They also gave news coverage about the insurance provider an impact score of 46.89 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are Universal Insurance's major shareholders?

Universal Insurance's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.89%), Dimensional Fund Advisors LP (4.78%), Schroder Investment Management Group (2.66%), Allianz Asset Management GmbH (2.03%), Allianz Asset Management GmbH (2.03%) and JPMorgan Chase & Co. (1.54%). Company insiders that own Universal Insurance stock include Frank Wilcox, Jon Springer, Michael Pietrangelo, Ozzie A Schindler, Ralph J Palmieri, Scott P Callahan and Sean P Downes. 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 Schroder Investment Management Group, Hancock Holding Co., Royal Bank of Canada, Wells Fargo & Company MN, Millennium Management LLC, Federated Investors Inc. PA, Citigroup Inc. and Systematic Financial Management LP. Company insiders that have sold Universal Insurance company stock in the last year include Frank Wilcox, Jon Springer, Michael Pietrangelo, Ozzie A Schindler, Ralph J Palmieri, Scott P Callahan and Sean P Downes. 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 Matarin Capital Management LLC, JPMorgan Chase & Co., Great Lakes Advisors LLC, BlackRock Inc., ETRADE Capital Management LLC, Hillsdale Investment Management Inc., Amundi Pioneer Asset Management Inc. and GSA Capital Partners LLP. 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 $35.35.

How big of a company is Universal Insurance?

Universal Insurance has a market capitalization of $1.23 billion and generates $751.92 million in revenue each year. Universal Insurance employs 558 workers across the globe.

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 (UVE)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  150 (Vote Outperform)
Underperform Votes:  149 (Vote Underperform)
Total Votes:  299
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 6/23/2018 by MarketBeat.com Staff

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.