Universal Insurance Stock Price, Forecast & Analysis (NYSE:UVE)

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

Universal Insurance announced a quarterly dividend on Wednesday, June 5th. Stockholders of record on Wednesday, July 3rd will be given a dividend of $0.16 per share on Wednesday, July 17th. This represents a $0.64 annualized dividend and a dividend yield of 2.12%. The ex-dividend date of this dividend is Tuesday, July 2nd. View Universal Insurance's Dividend History.

Universal Insurance Holdings, Inc. (NYSE:UVE) released its earnings results on Wednesday, October, 30th. The insurance provider reported $0.61 EPS for the quarter, beating the consensus estimate of $0.50 by $0.11. The insurance provider had revenue of $229.64 million for the quarter. Universal Insurance had a net margin of 9.94% and a return on equity of 22.28%. View Universal Insurance's Earnings History.

Universal Insurance is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Universal Insurance.

1 analysts have issued twelve-month price objectives for Universal Insurance's shares. Their forecasts range from $27.00 to $27.00. On average, they expect Universal Insurance's share price to reach $27.00 in the next year. This suggests that the stock has a possible downside of 10.4%. View Analyst Price Targets 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 sell rating for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Universal Insurance.

News headlines about UVE stock have been trending somewhat negative this week, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Universal Insurance earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave news coverage about the insurance provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Universal Insurance.

Universal Insurance saw a decline in short interest in October. As of October 15th, there was short interest totalling 1,460,000 shares, a decline of 7.0% from the September 15th total of 1,570,000 shares. Based on an average trading volume of 254,900 shares, the days-to-cover ratio is currently 5.7 days. Currently, 4.7% of the shares of the stock are short sold. View Universal Insurance's Current Options Chain.

Some companies that are related to Universal Insurance include Berkshire Hathaway (BRK.B), Progressive (PGR), Allstate (ALL), Travelers Companies (TRV), Cincinnati Financial (CINF), Arch Capital Group (ACGL), Markel (MKL), Fidelity National Financial (FNF), W. R. Berkley (WRB), Cna Financial (CNA), Erie Indemnity (ERIE), First American Financial (FAF), Old Republic International (ORI), Hanover Insurance Group (THG) and Axis Capital (AXS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Universal Insurance investors own include Evolent Health (EVH), Broadcom (AVGO), Starbucks (SBUX), Netflix (NFLX), Bausch Health Companies (BHC), Skyworks Solutions (SWKS), CVR Refining (CVRR), Twitter (TWTR), Biogen (BIIB) and Celgene (CELG).

Universal Insurance's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Peregrine Capital Management LLC (0.39%), Rhumbline Advisers (0.29%), Russell Investments Group Ltd. (0.28%), California Public Employees Retirement System (0.25%), Assenagon Asset Management S.A. (0.21%) and Massachusetts Financial Services Co. MA (0.16%). Company insiders that own Universal Insurance stock include Frank Wilcox, Jon Springer, Kimberly D Campos, Michael Pietrangelo, Ozzie A Schindler, Ralph J Palmieri, Scott P Callahan, Sean P Downes and Stephen Donaghy. View Institutional Ownership Trends for Universal Insurance.

UVE stock was sold by a variety of institutional investors in the last quarter, including Hancock Whitney Corp, SG Americas Securities LLC, Rhumbline Advisers, Russell Investments Group Ltd. and Comerica Bank. Company insiders that have sold Universal Insurance company stock in the last year include Jon Springer, Kimberly D Campos and Sean P Downes. View Insider Buying and Selling for Universal Insurance.

UVE stock was bought by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Assenagon Asset Management S.A., 6 Meridian, 6 Meridian, California Public Employees Retirement System, First Trust Advisors LP, State of Alaska Department of Revenue and Massachusetts Financial Services Co. MA. Company insiders that have bought Universal Insurance stock in the last two years include Frank Wilcox, Michael Pietrangelo, Sean P Downes and Stephen Donaghy. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of UVE stock can currently be purchased for approximately $30.12.

Universal Insurance has a market capitalization of $1.00 billion and generates $823.82 million in revenue each year. Universal Insurance employs 734 workers across the globe.View Additional Information About Universal Insurance.

The official website for Universal Insurance is http://www.universalinsuranceholdings.com/.

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]