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 declared a quarterly dividend on Wednesday, June 5th. Shareholders 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 yield of 2.13%. The ex-dividend date is Tuesday, July 2nd. View Universal Insurance's Dividend History.

Universal Insurance Holdings, Inc. (NYSE:UVE) posted its earnings results on Wednesday, October, 30th. The insurance provider reported $0.61 earnings per share for the quarter, topping analysts' consensus estimates of $0.50 by $0.11. The insurance provider earned $229.64 million during the quarter. Universal Insurance had a return on equity of 22.28% and a net margin of 9.94%. 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 brokers have issued 12 month target prices for Universal Insurance's stock. Their forecasts range from $27.00 to $27.00. On average, they expect Universal Insurance's stock price to reach $27.00 in the next year. This suggests that the stock has a possible downside of 10.3%. 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.

Headlines about UVE stock have been trending somewhat negative recently, according to InfoTrie. InfoTrie scores the sentiment of media coverage by monitoring 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 closest to five being the most favorable. Universal Insurance earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned news stories about the insurance provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Universal Insurance.

Universal Insurance saw a decline in short interest during the month of 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 daily trading volume, of 254,900 shares, the short-interest ratio is presently 5.7 days. Currently, 4.7% of the company's stock are sold short. 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 number 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 purchased 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 $30.10.

Universal Insurance has a market capitalization of $999.62 million 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]