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

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$44.78 +0.73 (+1.66 %)
(As of 11/16/2018 04:00 PM ET)
Previous Close$44.05
Today's Range$43.64 - $44.88
52-Week Range$24.80 - $50.50
Volume263,400 shs
Average Volume241,677 shs
Market Capitalization$1.56 billion
P/E Ratio9.99
Dividend Yield1.45%
Beta1.88
Universal 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.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.02
Current Ratio0.64
Quick Ratio0.64

Price-To-Earnings

Trailing P/E Ratio9.99
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$751.92 million
Price / Sales2.08
Cash Flow$3.3418 per share
Price / Cash13.40
Book Value$15.20 per share
Price / Book2.95

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$106.93 million
Net Margins19.77%
Return on Equity33.17%
Return on Assets10.34%

Miscellaneous

Employees558
Outstanding Shares34,940,000
Market Cap$1.56 billion
OptionableOptionable

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 announced a quarterly dividend on Wednesday, May 30th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.43%. 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 announced that its board has initiated a share repurchase program on Thursday, November 9th 2017, which authorizes the company to buyback $20,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its stock is undervalued.

How were Universal Insurance's earnings last quarter?

Universal Insurance Holdings, Inc. (NYSE:UVE) announced its quarterly earnings data on Monday, October, 29th. The insurance provider reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.02. The insurance provider had revenue of $206.16 million for the quarter. Universal Insurance had a return on equity of 33.17% and a net margin of 19.77%. 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 Tuesday, February 19th 2019. View Earnings Estimates for Universal Insurance.

What price target have analysts set for UVE?

1 equities research analysts have issued 12-month price objectives for Universal Insurance's stock. Their predictions range from $44.00 to $44.00. On average, they expect Universal Insurance's share price to reach $44.00 in the next twelve months. This suggests that the stock has a possible downside of 1.7%. 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.

Has Universal Insurance been receiving favorable news coverage?

Media coverage about UVE stock has trended neutral this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Universal Insurance earned a news impact score of 0.4 on InfoTrie's scale. They also gave media stories about the insurance provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days.

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 Campos, Chief Information Officer, Chief Admin. Officer & Director (Age 40)

Who are Universal Insurance's major shareholders?

Universal Insurance's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.05%), Dimensional Fund Advisors LP (4.89%), LSV Asset Management (4.71%), JPMorgan Chase & Co. (2.31%), JPMorgan Chase & Co. (2.31%) and Epoch Investment Partners Inc. (2.21%). 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, TIAA CREF Investment Management LLC, LSV Asset Management, Allianz Asset Management GmbH, MERIAN GLOBAL INVESTORS UK Ltd, AQR Capital Management LLC, FMR LLC and Wells Fargo & Company MN. 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 WINTON GROUP Ltd, Epoch Investment Partners Inc., Matarin Capital Management LLC, Assenagon Asset Management S.A., BlackRock Inc., AXA, Nisa Investment Advisors LLC and Robeco Institutional Asset Management B.V.. 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 $44.78.

How big of a company is Universal Insurance?

Universal Insurance has a market capitalization of $1.56 billion and generates $751.92 million in revenue each year. Universal Insurance employs 558 workers across the globe.

What is Universal Insurance's official website?

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

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:  195 (Vote Outperform)
Underperform Votes:  189 (Vote Underperform)
Total Votes:  384
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 11/16/2018 by MarketBeat.com Staff

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