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This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Better Than Oil Stocks (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
California governor rejects bill to give unemployment checks to striking workers
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Better Than Oil Stocks (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
California governor rejects bill to give unemployment checks to striking workers
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Better Than Oil Stocks (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
California governor rejects bill to give unemployment checks to striking workers
NYSE:UVE

Universal Insurance (UVE) Stock Forecast, Price & News

$14.02
+0.27 (+1.96%)
(As of 09/29/2023 ET)
Compare
Today's Range
$13.60
$14.03
50-Day Range
$12.03
$16.13
52-Week Range
$8.39
$20.15
Volume
431,621 shs
Average Volume
820,681 shs
Market Capitalization
$422.00 million
P/E Ratio
77.89
Dividend Yield
4.56%
Price Target
$22.00

Universal Insurance MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
56.9% Upside
$22.00 Price Target
Short Interest
Bearish
5.31% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.23
Upright™ Environmental Score
News Sentiment
0.30mentions of Universal Insurance in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$292,000 Sold Last Quarter
Proj. Earnings Growth
20.00%
From $2.00 to $2.40 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.79 out of 5 stars

Finance Sector

150th out of 879 stocks

Fire, Marine, & Casualty Insurance Industry

8th out of 48 stocks


UVE stock logo

About Universal Insurance (NYSE:UVE) Stock

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.

UVE Price History

UVE Stock News Headlines

Airbnb Joins the S&P 500, Time to Buy In? (UVE)
Digital lodging platform Airbnb Inc. (NASDAQ: ABNB) shares gained over 7% on news of being added to the S&P 500 index on Sept. 18, 2023. It will
Universal Insurance (NYSE:UVE) Lowered to "Buy" at StockNews.com
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Universal Insurance Company PLC (UNIVINS)
BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
Universal Reports Second Quarter 2023 Results
Variable universal life insurance
UVE - Universal Insurance Holdings, Inc.
See More Headlines
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UVE Company Calendar

Last Earnings
7/27/2023
Ex-Dividend for 8/11 Dividend
8/03/2023
Dividend Payable
8/11/2023
Today
10/01/2023
Next Earnings (Estimated)
10/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Fire, marine, & casualty insurance
Sub-Industry
Property & Casualty Insurance
Sector
Finance
CUSIP
91359V10
Employees
1,223
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$22.00
High Stock Price Forecast
$22.00
Low Stock Price Forecast
$22.00
Forecasted Upside/Downside
+56.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-22,260,000.00
Pretax Margin
0.76%

Debt

Sales & Book Value

Annual Sales
$1.22 billion
Cash Flow
$0.11 per share
Book Value
$9.44 per share

Miscellaneous

Free Float
24,772,000
Market Cap
$422.00 million
Optionable
Optionable
Beta
0.90
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Key Executives

  • Mr. Sean Patrick Downes (Age 53)
    Exec. Chairman
    Comp: $1.57M
  • Mr. Stephen Joseph Donaghy (Age 58)
    CEO & Director
    Comp: $2.52M
  • Mr. Frank Crawford Wilcox (Age 57)
    Chief Financial Officer
    Comp: $848.86k
  • Ms. Kimberly Denice Campos (Age 45)
    Chief Information Officer, Chief Admin. Officer & Director
    Comp: $442.29k
  • Mr. Michael J. Poloskey (Age 52)
    Chief Operating Officer
  • Mr. Rob Luther
    Chief Investment Officer
  • Mr. Gary Lloyd Ropiecki
    Principal Accounting Officer & Sec.
  • Mr. Darryl Lamont Lewis (Age 58)
    Chief Legal Officer
  • Mr. Jason M. Burns (Age 43)
    Pres of Blue Atlantic
  • Mr. Matthew John Palmieri (Age 43)
    Chief Risk Officer













UVE Stock - 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 forecast for 2023?

1 Wall Street analysts have issued twelve-month price targets for Universal Insurance's stock. Their UVE share price forecasts range from $22.00 to $22.00. On average, they anticipate the company's share price to reach $22.00 in the next twelve months. This suggests a possible upside of 56.9% 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 the year. Since then, UVE shares have increased by 32.4% and is now trading at $14.02.
View the best growth stocks for 2023 here
.

Are investors shorting Universal Insurance?

Universal Insurance saw a increase in short interest in August. As of August 31st, there was short interest totaling 907,400 shares, an increase of 41.4% from the August 15th total of 641,600 shares. Based on an average daily trading volume, of 242,200 shares, the days-to-cover ratio is currently 3.7 days. Currently, 3.4% of the company's shares are sold short.
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, October 26th 2023.
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, July, 27th. The insurance provider reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.09. The insurance provider had revenue of $339.57 million for the quarter, compared to the consensus estimate of $324.79 million. Universal Insurance had a net margin of 0.43% and a trailing twelve-month return on equity of 1.20%.

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

Universal Insurance announced a quarterly dividend on Thursday, July 20th. Stockholders of record on Friday, August 4th will be paid a dividend of $0.16 per share on Friday, August 11th. This represents a $0.64 annualized dividend and a yield of 4.56%. The ex-dividend date of this dividend is Thursday, August 3rd.
Read our dividend analysis for UVE
.

What ETFs hold Universal Insurance's stock?
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 4.56%. UVE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 355.56%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, UVE will have a dividend payout ratio of 26.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for UVE.

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).

What is Universal Insurance's stock symbol?

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

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.

What is Universal Insurance's stock price today?

One share of UVE stock can currently be purchased for approximately $14.02.

How much money does Universal Insurance make?

Universal Insurance (NYSE:UVE) has a market capitalization of $422.00 million and generates $1.22 billion in revenue each year. The insurance provider earns $-22,260,000.00 in net income (profit) each year or $0.18 on an earnings per share basis.

How many employees does Universal Insurance have?

The company employs 1,223 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 official website for the company is www.universalinsuranceholdings.com. The insurance provider can be reached via phone at (954) 958-1200, via email at rluther@universalproperty.com, or via fax at 302-636-5454.

This page (NYSE:UVE) was last updated on 10/1/2023 by MarketBeat.com Staff

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