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

$29.02
+0.23 (+0.80 %)
(As of 09/16/2019 12:24 PM ET)
Today's Range
$28.52
Now: $29.02
$29.11
50-Day Range
$24.07
MA: $26.58
$29.00
52-Week Range
$23.57
Now: $29.02
$50.50
Volume34,183 shs
Average Volume284,062 shs
Market Capitalization$991.32 million
P/E Ratio8.93
Dividend Yield2.23%
Beta0.95
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 homeowner's insurance. It also provides personal residential insurance, such as homeowners, renters/tenants, condo unit owners, and dwelling/fire, and commercial residential multi-peril; and allied lines, coverage for other structures, and personal property, as well as liability and personal articles coverages. Read More…

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$823.82 million
Cash Flow$5.7579 per share
Book Value$14.36 per share

Profitability

Net Income$117.05 million

Miscellaneous

Employees734
Market Cap$991.32 million
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable

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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 declared a quarterly dividend on Wednesday, June 5th. Shareholders of record on Wednesday, July 3rd will be given a dividend of $0.16 per share on Wednesday, July 17th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.21%. The ex-dividend date of this dividend is Tuesday, July 2nd. View Universal Insurance's Dividend History.

How will Universal Insurance's stock buyback program work?

Universal Insurance announced that its board has authorized a stock buyback plan on Thursday, November 9th 2017, which allows the company to buyback $20,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its stock is undervalued.

How were Universal Insurance's earnings last quarter?

Universal Insurance Holdings, Inc. (NYSE:UVE) released its quarterly earnings data on Wednesday, July, 31st. The insurance provider reported $1.05 earnings per share for the quarter. The insurance provider had revenue of $233.72 million for the quarter. Universal Insurance had a return on equity of 25.77% and a net margin of 12.14%. 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 Monday, November 4th 2019. View Earnings Estimates for Universal Insurance.

Has Universal Insurance been receiving favorable news coverage?

News coverage about UVE stock has trended somewhat positive recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Universal Insurance earned a coverage optimism score of 0.9 on InfoTrie's scale. They also assigned media coverage about the insurance provider a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Universal Insurance.

Who are some of Universal Insurance's key competitors?

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), Broadcom (AVGO), Starbucks (SBUX), Netflix (NFLX), Bausch Health Companies (BHC), Skyworks Solutions (SWKS), CVR Refining (CVRR), Twitter (TWTR), Biogen (BIIB) and Celgene (CELG).

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 a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.63%), Vanguard Group Inc. (9.84%), LSV Asset Management (3.54%), Bank of New York Mellon Corp (1.35%), Northern Trust Corp (1.33%) and AQR Capital Management LLC (1.27%). 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 major investors are selling Universal Insurance stock?

UVE stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Chicago Equity Partners LLC, Bank of America Corp DE, AXA, Bank of New York Mellon Corp, JPMorgan Chase & Co., APG Asset Management N.V. and Jacobs Levy Equity Management Inc.. Company insiders that have sold Universal Insurance company stock in the last year include Jon Springer, Kimberly D Campos and Sean P Downes. View Insider Buying and Selling for Universal Insurance.

Which major investors are buying Universal Insurance stock?

UVE stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Marshall Wace LLP, Renaissance Technologies LLC, Morgan Stanley, BlackRock Inc., Bogle Investment Management L P DE, Jennison Associates LLC and Jennison Associates LLC. Company insiders that have bought Universal Insurance stock in the last two years include Frank Wilcox, Sean P Downes and Stephen Donaghy. 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, Robinhood, Fidelity and Charles Schwab.

What is Universal Insurance's stock price today?

One share of UVE stock can currently be purchased for approximately $29.02.

How big of a company is Universal Insurance?

Universal Insurance has a market capitalization of $991.32 million and generates $823.82 million in revenue each year. Universal Insurance employs 734 workers across the globe.View Additional Information About Universal Insurance.

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:  218 (Vote Outperform)
Underperform Votes:  222 (Vote Underperform)
Total Votes:  440
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 9/16/2019 by MarketBeat.com Staff

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