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Is This The End of Capitalism? (Ad)
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S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Trustees picked by DeSantis may change progressive college
France must raise pension age to 64, prime minister says
Is This The End of Capitalism? (Ad)
Qatar replaces Russian company in Lebanon gas exploration
Elon Musk's mysterious ways on display in Tesla tweet trial
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Trustees picked by DeSantis may change progressive college
France must raise pension age to 64, prime minister says
Is This The End of Capitalism? (Ad)
Qatar replaces Russian company in Lebanon gas exploration
Elon Musk's mysterious ways on display in Tesla tweet trial
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Inflation Tips for Startups – Top 11
Is This The End of Capitalism? (Ad)
Trustees picked by DeSantis may change progressive college
France must raise pension age to 64, prime minister says
Is This The End of Capitalism? (Ad)
Qatar replaces Russian company in Lebanon gas exploration
Elon Musk's mysterious ways on display in Tesla tweet trial
Is This The End of Capitalism? (Ad)
Biden, McCarthy to discuss debt limit in talks on Wednesday
NYSE:UVE

Universal Insurance - UVE Stock Forecast, Price & News

$12.08
-0.04 (-0.33%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$12.03
$12.18
50-Day Range
$9.58
$12.24
52-Week Range
$8.39
$17.55
Volume
85,685 shs
Average Volume
137,121 shs
Market Capitalization
$368.56 million
P/E Ratio
N/A
Dividend Yield
5.30%
Price Target
$11.00

Universal Insurance MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
8.9% Downside
$11.00 Price Target
Short Interest
Healthy
2.23% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.23
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$191,204 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.40) to $1.50 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.97 out of 5 stars

Finance Sector

662nd out of 900 stocks

Fire, Marine, & Casualty Insurance Industry

37th out of 48 stocks


UVE stock logo

About Universal Insurance (NYSE:UVE) Stock

Universal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States. The company develops, markets, and underwrites insurance products for personal residential insurance, such as homeowners, renters/tenants, condo unit owners, and dwelling/fire; and offers allied lines, coverage for other structures, and personal property, liability, and personal articles coverages. It also advises on actuarial issues, oversees distribution, administers claims payments, performs policy administration and underwriting, and assists with reinsurance negotiations; places and manages reinsurance programs for the insurance entities; and operates Clovered.com, an online platform in which consumers receive side-by-side quotes from various carriers across multiple states, as well as educational materials about homeowners' insurance policies. It offers its products through a network of independent agents, as well as Universal Direct, a direct-to-consumer online platform, which enables homeowners to directly purchase, pay for, and bind homeowners' policies. 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 incorporated in 1990 and is headquartered in Fort Lauderdale, Florida.

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UVE Stock News Headlines

The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
Universal Stock To Go Ex-dividend Tomorrow (UVE)
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Universal Declares Regular and Special Cash Dividends
Universal Reports Third Quarter 2022 Results
Universal Appoints William Degnan Chief Claims Officer
Universal Provides Hurricane Ian Update
OneAmerica® Launches Variable Universal Life Insurance
Three Benefits of Universal Life Insurance
See More Headlines
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UVE Company Calendar

Last Earnings
10/27/2021
Ex-Dividend for 12/16 Dividend
12/08/2022
Dividend Payable
12/16/2022
Today
1/29/2023
Next Earnings (Estimated)
2/23/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Fire, marine, & casualty insurance
Sub-Industry
Property & Casualty Insurance
Sector
Finance
CUSIP
91359V10
Employees
1,047
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$11.00
High Stock Price Forecast
$11.00
Low Stock Price Forecast
$11.00
Forecasted Upside/Downside
-8.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$20.41 million
Pretax Margin
-10.51%

Debt

Sales & Book Value

Annual Sales
$1.12 billion
Cash Flow
$1.15 per share
Book Value
$13.79 per share

Miscellaneous

Free Float
25,600,000
Market Cap
$368.56 million
Optionable
Optionable
Beta
0.96

Key Executives

  • Mr. Sean Patrick Downes (Age 53)
    Exec. Chairman
    Comp: $1.07M
  • Mr. Stephen Joseph Donaghy (Age 58)
    CEO & Director
    Comp: $1.07M
  • Mr. Frank Crawford Wilcox (Age 57)
    Chief Financial Officer
    Comp: $850.78k
  • Ms. Kimberly Denice Campos (Age 45)
    Chief Information Officer, Chief Admin. Officer & Director
    Comp: $434.35k
  • Mr. Michael J. Poloskey (Age 52)
    Chief Operating Officer
  • Mr. Rob Luther
    Chief Investment Officer
  • Mr. Gary Lloyd Ropiecki
    Principal Accounting Officer & Sec.
  • Mr. Darryl Lamont Lewis (Age 58)
    Chief Legal Officer
  • Mr. Jason M. Burns (Age 43)
    Pres of Blue Atlantic
  • Mr. Matthew John Palmieri (Age 43)
    Chief Risk Officer













UVE Stock - Frequently Asked Questions

Should I buy or sell Universal Insurance stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Universal Insurance in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" UVE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UVE, but not buy additional shares or sell existing shares.
View UVE analyst ratings
or view top-rated stocks.

What is Universal Insurance's stock price forecast for 2023?

1 brokers have issued 1-year price objectives for Universal Insurance's shares. Their UVE share price forecasts range from $11.00 to $11.00. On average, they predict the company's stock price to reach $11.00 in the next year. This suggests that the stock has a possible downside of 8.9%.
View analysts price targets for UVE
or view top-rated stocks among Wall Street analysts.

How have UVE shares performed in 2023?

Universal Insurance's stock was trading at $10.59 on January 1st, 2023. Since then, UVE stock has increased by 14.1% and is now trading at $12.08.
View the best growth stocks for 2023 here
.

Are investors shorting Universal Insurance?

Universal Insurance saw a decline in short interest in the month of December. As of December 30th, there was short interest totaling 540,200 shares, a decline of 31.0% from the December 15th total of 782,800 shares. Based on an average daily volume of 217,400 shares, the short-interest ratio is currently 2.5 days. Currently, 2.0% of the company's shares are short sold.
View Universal Insurance's Short Interest
.

When is Universal Insurance's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our UVE earnings forecast
.

How were Universal Insurance's earnings last quarter?

Universal Insurance Holdings, Inc. (NYSE:UVE) released its quarterly earnings results on Wednesday, October, 27th. The insurance provider reported $0.63 EPS for the quarter, topping the consensus estimate of $0.50 by $0.13. The insurance provider earned $269.42 million during the quarter, compared to the consensus estimate of $281.82 million. Universal Insurance had a negative net margin of 8.06% and a negative trailing twelve-month return on equity of 22.70%. During the same quarter in the previous year, the business earned ($1.43) earnings per share.

How often does Universal Insurance pay dividends? What is the dividend yield for Universal Insurance?

Universal Insurance announced a quarterly dividend on Monday, November 14th. Shareholders of record on Friday, December 9th will be given a dividend of $0.16 per share on Friday, December 16th. This represents a $0.64 dividend on an annualized basis and a yield of 5.30%. The ex-dividend date of this dividend is Thursday, December 8th.
Read our dividend analysis for UVE
.

Is Universal Insurance a good dividend stock?

Universal Insurance (NYSE:UVE) pays an annual dividend of $0.64 per share and currently has a dividend yield of 5.30%. 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.

What is Sean P. Downes' approval rating as Universal Insurance's CEO?

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.

What other stocks do shareholders of Universal Insurance own?

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).

What is Universal Insurance's stock symbol?

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

Who are Universal Insurance's major shareholders?

Universal Insurance's stock is owned by many different retail and institutional investors. Top institutional shareholders include Exchange Traded Concepts LLC (0.51%), Yousif Capital Management LLC (0.06%), Comerica Bank (0.05%) and Maryland State Retirement & Pension System (0.04%). Insiders that own company stock include Francis Xavier Mccahill III, Frank Wilcox, Joel Wilentz, Jon Springer, Kimberly D Campos, Marlene Gordon, Scott P Callahan, Sean P Downes and Stephen Donaghy.
View institutional ownership trends
.

How do I buy shares of Universal Insurance?

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.
Compare Top Brokerages Here.

What is Universal Insurance's stock price today?

One share of UVE stock can currently be purchased for approximately $12.08.

How much money does Universal Insurance make?

Universal Insurance (NYSE:UVE) has a market capitalization of $368.56 million and generates $1.12 billion in revenue each year. The insurance provider earns $20.41 million in net income (profit) each year or ($3.10) on an earnings per share basis.

How many employees does Universal Insurance have?

The company employs 1,047 workers across the globe.

How can I contact Universal Insurance?

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.

This page (NYSE:UVE) was last updated on 1/29/2023 by MarketBeat.com Staff