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

Sign in or create an account to add this stock to your watchlist.
$47.70 +1.10 (+2.36 %)
(As of 09/21/2018 04:00 PM ET)
Previous Close$47.70
Today's Range$46.85 - $48.20
52-Week Range$20.25 - $48.20
Volume529,509 shs
Average Volume204,417 shs
Market Capitalization$1.63 billion
P/E Ratio12.53
Dividend Yield1.37%
Beta1.79
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

Stock Exchange NYSE
Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
SymbolNYSE:UVE
CUSIP91359V10
Phone954-958-1200

Debt

Debt-to-Equity Ratio0.02
Current Ratio0.71
Quick Ratio0.71

Price-To-Earnings

Trailing P/E Ratio12.53
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$751.92 million
Price / Sales2.21
Cash Flow$3.4169 per share
Price / Cash13.96
Book Value$12.77 per share
Price / Book3.74

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$106.93 million
Net Margins16.71%
Return on Equity29.16%
Return on Assets8.39%

Miscellaneous

Employees558
Outstanding Shares34,870,000
Market Cap$1.63 billion

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. Shareholders of record on Monday, July 2nd will be paid a dividend of $0.16 per share on Monday, July 16th. This represents a $0.64 annualized dividend and a yield of 1.34%. The ex-dividend date of this dividend is Friday, June 29th. This is a boost 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 has initiated a stock repurchase program on Thursday, November 9th 2017, which permits the company to repurchase $20,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company's leadership believes its shares are undervalued.

How were Universal Insurance's earnings last quarter?

Universal Insurance Holdings, Inc. (NYSE:UVE) issued its earnings results on Wednesday, July, 25th. The insurance provider reported $1.29 EPS for the quarter, topping the consensus estimate of $1.04 by $0.25. The insurance provider earned $209.79 million during the quarter. Universal Insurance had a return on equity of 29.16% and a net margin of 16.71%. 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, November, 14th 2018. View Earnings Estimates for Universal Insurance.

What price target have analysts set for UVE?

1 brokerages have issued twelve-month price targets for Universal Insurance's stock. Their forecasts range from $44.00 to $44.00. On average, they expect Universal Insurance's stock price to reach $44.00 in the next year. This suggests that the stock has a possible downside of 7.8%. 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.

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 & CEO (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 Joseph Donaghy, COO & Sec. (Age 53)
  • Ms. Kimberly Denice Cooper, Chief Information Officer, Chief Admin. Officer & Director (Age 40)

Has Universal Insurance been receiving favorable news coverage?

News stories about UVE stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Universal Insurance earned a coverage optimism score of 0.18 on Accern's scale. They also assigned news stories about the insurance provider an impact score of 46.57 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for Universal Insurance.

Who are Universal Insurance's major shareholders?

Universal Insurance's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.82%), LSV Asset Management (4.91%), Dimensional Fund Advisors LP (4.90%), Epoch Investment Partners Inc. (1.47%), Bank of New York Mellon Corp (1.45%) and Bank of New York Mellon Corp (1.45%). Company insiders that own Universal Insurance stock include Frank Wilcox, Jon Springer, 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 institutional 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, Schroder Investment Management Group, Los Angeles Capital Management & Equity Research Inc., Chicago Equity Partners LLC, FMR LLC, First Trust Advisors LP, Dana Investment Advisors Inc. and California Public Employees Retirement System. 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, Sean P Downes and Stephen Donaghy. View Insider Buying and Selling for Universal Insurance.

Which institutional investors are buying Universal Insurance stock?

UVE stock was acquired by a variety of institutional investors in the last quarter, including Epoch Investment Partners Inc., BlackRock Inc., WBI Investments Inc., James Investment Research Inc., Northern Trust Corp, Bowling Portfolio Management LLC, American Century Companies Inc. and Dimensional Fund Advisors LP. 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 $47.70.

How big of a company is Universal Insurance?

Universal Insurance has a market capitalization of $1.63 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 (NYSE UVE)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  191 (Vote Outperform)
Underperform Votes:  184 (Vote Underperform)
Total Votes:  375
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 9/22/2018 by MarketBeat.com Staff

Featured Article: What is a put option?

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