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 brokerages have issued 1-year price targets for Universal Insurance's stock. Their UVE share price forecasts range from $11.00 to $11.00. On average, they expect the company's share price to reach $11.00 in the next year. This suggests that the stock has a possible downside of 41.6%.
View analysts price targets for UVE or view top-rated stocks among Wall Street analysts.

Universal Insurance's stock was trading at $10.59 on January 1st, 2023. Since then, UVE shares have increased by 78.0% and is now trading at $18.85.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our UVE earnings forecast.

Universal Insurance Holdings, Inc. (NYSE:UVE) announced its quarterly earnings results on Wednesday, October, 27th. The insurance provider reported $0.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.50 by $0.13. The insurance provider had revenue of $269.42 million for the quarter, compared to analysts' expectations of $281.82 million. Universal Insurance had a negative trailing twelve-month return on equity of 3.84% and a negative net margin of 1.82%. During the same period last year, the firm posted ($1.43) EPS.

Universal Insurance announced a quarterly dividend on Thursday, February 9th. Investors of record on Thursday, March 9th will be given a dividend of $0.16 per share on Thursday, March 16th. This represents a $0.64 dividend on an annualized basis and a yield of 3.40%. The ex-dividend date of this dividend is Wednesday, March 8th.
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), Roundhill Acquirers Deep Value ETF (DEEP), Invesco S&P SmallCap 600 Pure Value ETF (RZV), 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 600 Equal Weight ETF (EWSC) and Invesco S&P SmallCap Financials ETF (PSCF).

Universal Insurance (NYSE:UVE) pays an annual dividend of $0.64 per share and currently has a dividend yield of 3.51%.
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 institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (6.30%), Donald Smith & CO. Inc. (4.32%), LSV Asset Management (3.90%), Geode Capital Management LLC (1.64%), Charles Schwab Investment Management Inc. (1.61%) and rhino investment partners Inc (1.53%). 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 $18.85.

Universal Insurance (NYSE:UVE) has a market capitalization of $573.61 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 ($0.74) 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.