Universal - UVV Stock Forecast, Price & News

Universal's stock was trading at $52.81 at the beginning of 2023. Since then, UVV stock has decreased by 0.3% and is now trading at $52.65.
View the best growth stocks for 2023 here.

Universal saw a increase in short interest in February. As of February 28th, there was short interest totaling 234,400 shares, an increase of 18.2% from the February 13th total of 198,300 shares. Based on an average daily volume of 130,300 shares, the short-interest ratio is presently 1.8 days. Currently, 1.0% of the shares of the company are sold short.
View Universal's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 24th 2023.
View our UVV earnings forecast.

Universal Co. (NYSE:UVV) released its earnings results on Wednesday, February, 8th. The company reported $1.67 earnings per share for the quarter. The company had revenue of $795.04 million for the quarter. Universal had a net margin of 3.81% and a trailing twelve-month return on equity of 6.94%.

Universal declared a quarterly dividend on Wednesday, February 1st. Shareholders of record on Monday, April 10th will be given a dividend of $0.79 per share on Monday, May 1st. This represents a $3.16 dividend on an annualized basis and a dividend yield of 6.00%. The ex-dividend date is Thursday, April 6th.
Read our dividend analysis for UVV.

ETFs with the largest weight of Universal (NYSE:UVV) stock in their portfolio include Cambria Cannabis ETF (TOKE), Invesco S&P SmallCap Consumer Staples ETF (PSCC), Invesco High Yield Equity Dividend Achievers ETF (PEY), Global SuperDividend US ETF (DIV), ProShares Russell US Dividend Growers ETF (TMDV), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), ETC 6 Meridian Small Cap Equity ETF (SIXS) and ProShares Russell 2000 Dividend Growers ETF (SMDV).

Universal (NYSE:UVV) pays an annual dividend of $3.16 per share and currently has a dividend yield of 6.25%. UVV has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 51 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 82.08%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for UVV.

2 employees have rated Universal Chief Executive Officer George C. Freeman III on Glassdoor.com. George C. Freeman III has an approval rating of 100% among the company's employees. This puts George C. Freeman III in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Universal investors own include AT&T (T), Altria Group (MO), Exxon Mobil (XOM), Verizon Communications (VZ), Pfizer (PFE), AbbVie (ABBV), International Business Machines (IBM), Cisco Systems (CSCO), Johnson & Johnson (JNJ) and Philip Morris International (PM).

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

Universal's stock is owned by a number of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (7.53%), Pzena Investment Management LLC (2.97%), Charles Schwab Investment Management Inc. (1.90%), Geode Capital Management LLC (1.83%), Renaissance Technologies LLC (1.26%) and Mirae Asset Global Investments Co. Ltd. (1.16%). Insiders that own company stock include Airton L Hentschke, Candace C Formacek, Lennart R Freeman, Preston Douglas Wigner, Robert C Sledd, Theodore G Broome and Thomas H Johnson.
View institutional ownership trends.

Shares of UVV 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 UVV stock can currently be purchased for approximately $52.65.

Universal (NYSE:UVV) has a market capitalization of $1.29 billion and generates $2.10 billion in revenue each year. The company earns $86.58 million in net income (profit) each year or $3.85 on an earnings per share basis.

The company employs 25,000 workers across the globe.

Universal's mailing address is 9201 FOREST HILL AVENUE, RICHMOND VA, 23235. The official website for the company is www.universalcorp.com. The company can be reached via phone at (804) 359-9311, via email at investor@universalleaf.com, or via fax at 804-254-3594.