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

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

Universal Insurance declared a None dividend on Thursday, November 14th. Stockholders of record on Friday, December 13th will be given a dividend of $0.29 per share on Friday, December 20th. The ex-dividend date is Thursday, December 12th. View Universal Insurance's Dividend History.

Universal Insurance Holdings, Inc. (NYSE:UVE) released its quarterly earnings results on Wednesday, October, 30th. The insurance provider reported $0.61 EPS for the quarter, topping the Thomson Reuters' consensus estimate 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 1-year price targets for Universal Insurance's stock. Their forecasts range from $27.00 to $27.00. On average, they anticipate Universal Insurance's share price to reach $27.00 in the next year. This suggests that the stock has a possible downside of 6.3%. 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.

Press coverage about UVE stock has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, 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 press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Universal Insurance.

Universal Insurance saw a drop in short interest during the month of October. As of October 15th, there was short interest totalling 1,460,000 shares, a drop of 7.0% from the September 15th total of 1,570,000 shares. Based on an average daily volume of 254,900 shares, the days-to-cover ratio is presently 5.7 days. Currently, 4.7% of the company's shares 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 retail and institutional investors. Top institutional investors include State Street Corp (2.76%), Peregrine Capital Management LLC (0.39%), Rhumbline Advisers (0.29%), Russell Investments Group Ltd. (0.28%), California Public Employees Retirement System (0.25%) and Assenagon Asset Management S.A. (0.21%). 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, Barclays PLC, SG Americas Securities LLC, Man Group plc, State Street Corp, Rhumbline Advisers, Russell Investments Group Ltd. and Squarepoint Ops LLC. Company insiders that have sold Universal Insurance company stock in the last year include Jon Springer and Kimberly D Campos. 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., Millennium Management LLC, 6 Meridian, 6 Meridian, California Public Employees Retirement System, First Trust Advisors LP and State of Alaska Department of Revenue. 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 $28.83.

Universal Insurance has a market capitalization of $957.47 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]