Universal Insurance (UVE) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Universal Insurance in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" UVE shares.
View UVE analyst ratings or view top-rated stocks.

1 Wall Street analysts have issued twelve-month target prices for Universal Insurance's stock. Their UVE share price forecasts range from $23.00 to $23.00. On average, they predict the company's stock price to reach $23.00 in the next year. This suggests a possible upside of 59.8% from the stock's current price.
View analysts price targets for UVE or view top-rated stocks among Wall Street analysts.

Universal Insurance's stock was trading at $10.59 at the beginning of 2023. Since then, UVE stock has increased by 35.9% and is now trading at $14.39.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our UVE earnings forecast.

Universal Insurance Holdings, Inc. (NYSE:UVE) issued its quarterly earnings results on Wednesday, October, 27th. The insurance provider reported $0.63 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.50 by $0.13. The insurance provider had revenue of $269.42 million for the quarter, compared to the consensus estimate of $281.82 million. Universal Insurance had a negative net margin of 1.25% and a negative trailing twelve-month return on equity of 2.69%. During the same quarter in the prior year, the business posted ($1.43) EPS.

Universal Insurance announced a quarterly dividend on Wednesday, April 12th. Shareholders of record on Friday, May 12th will be given a dividend of $0.16 per share on Friday, May 19th. This represents a $0.64 dividend on an annualized basis and a yield of 4.45%. The ex-dividend date of this dividend is Thursday, May 11th.
Read our dividend analysis for UVE.

ETFs with the largest weight of Universal Insurance (NYSE:UVE) stock in their portfolio include ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Inspire Fidelis Multi Factor ETF (FDLS), Invesco KBW Property & Casualty Insurance ETF (KBWP), ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL), Syntax Stratified SmallCap ETF (SSLY), Invesco S&P SmallCap Financials ETF (PSCF) and

Universal Insurance (NYSE:UVE) pays an annual dividend of $0.64 per share and currently has a dividend yield of 4.25%. UVE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for UVE.

39 employees have rated Universal Insurance Chief Executive Officer Sean P. Downes on Glassdoor.com. Sean P. Downes has an approval rating of 84% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Universal Insurance investors own include Evolent Health (EVH), Starbucks (SBUX), AT&T (T), Netflix (NFLX), Twitter (TWTR), Verizon Communications (VZ), Broadcom (AVGO), QUALCOMM (QCOM), Gilead Sciences (GILD) and Skyworks Solutions (SWKS).

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

Universal Insurance's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.39%), Dimensional Fund Advisors LP (5.93%), State Street Corp (4.02%), Donald Smith & CO. Inc. (3.91%), LSV Asset Management (3.23%) and Geode Capital Management LLC (1.67%). Insiders that own company stock include Francis Xavier Mccahill III, Frank Wilcox, Gary Lloyd Ropiecki, Joel Wilentz, Jon Springer, Kimberly D Campos, Marlene Gordon, Scott P Callahan, Sean P Downes and Stephen Donaghy.
View institutional ownership trends.

Shares of UVE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of UVE stock can currently be purchased for approximately $14.39.

Universal Insurance (NYSE:UVE) has a market capitalization of $438.03 million and generates $1.22 billion in revenue each year. The insurance provider earns $-22,260,000.00 in net income (profit) each year or ($0.51) on an earnings per share basis.

The company employs 1,223 workers across the globe.

Universal Insurance's mailing address is 1110 WEST COMMERCIAL BOULEVARD SUITE 100, FORT LAUDERDALE FL, 33309. The official website for the company is www.universalinsuranceholdings.com. The insurance provider can be reached via phone at (954) 958-1200, via email at rluther@universalproperty.com, or via fax at 302-636-5454.