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

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$37.93 -0.06 (-0.16 %)
(As of 01/17/2019 03:08 PM ET)
Previous Close$37.99
Today's Range$37.60 - $38.42
52-Week Range$27.75 - $50.50
Volume3,949 shs
Average Volume194,247 shs
Market Capitalization$1.32 billion
P/E Ratio8.42
Dividend Yield1.70%
Beta1.63
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

Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
CUSIP91359V10
Phone954-958-1200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$751.92 million
Cash Flow$3.3566 per share
Book Value$12.77 per share

Profitability

Net Income$106.93 million

Miscellaneous

Employees558
Market Cap$1.32 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 Monday, November 19th. Shareholders of record on Tuesday, November 27th will be given a dividend of $0.16 per share on Tuesday, December 4th. This represents a $0.64 annualized dividend and a yield of 1.69%. The ex-dividend date is Monday, November 26th. View Universal Insurance's Dividend History.

How will Universal Insurance's stock buyback program work?

Universal Insurance declared that its board has approved a share repurchase program on Thursday, November 9th 2017, which permits the company to repurchase $20,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are often 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) issued its quarterly earnings results on Monday, October, 29th. The insurance provider reported $1.04 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.02 by $0.02. The insurance provider earned $206.16 million during 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 Wall Street analysts have issued twelve-month price targets for Universal Insurance's stock. Their predictions range from $44.00 to $44.00. On average, they anticipate Universal Insurance's stock price to reach $44.00 in the next year. This suggests a possible upside of 16.0% from the stock's current price. 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?

News coverage about UVE stock has trended very positive recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Universal Insurance earned a news impact score of 3.7 on InfoTrie's scale. They also assigned news headlines about the insurance provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few 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 49)
  • Mr. Jon William Springer, Pres, Chief Risk Officer & Director (Age 49)
  • Mr. Frank Crawford Wilcox, CFO & Principal Accounting Officer (Age 53)
  • Mr. Stephen Joseph Donaghy, COO & Sec. (Age 54)
  • Ms. Kimberly Denice Campos, Chief Information Officer, Chief Admin. Officer & Director (Age 41)

Who are Universal Insurance's major shareholders?

Universal Insurance's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Highland Capital Management LLC (0.05%), Louisiana State Employees Retirement System (0.03%), Navellier & Associates Inc (0.02%) and Meeder Asset Management Inc. (0.01%). 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.

Which institutional investors are selling Universal Insurance stock?

UVE stock was sold by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System, Highland Capital Management LLC and Meeder Asset Management Inc.. Company insiders that have sold Universal Insurance company stock in the last year 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 Insider Buying and Selling for Universal Insurance.

Which institutional investors are buying Universal Insurance stock?

UVE stock was bought by a variety of institutional investors in the last quarter, including Navellier & Associates Inc. 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 $37.93.

How big of a company is Universal Insurance?

Universal Insurance has a market capitalization of $1.32 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:  197 (Vote Outperform)
Underperform Votes:  193 (Vote Underperform)
Total Votes:  390
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 1/17/2019 by MarketBeat.com Staff

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