NYSE:UVE Universal Insurance (UVE) Stock Price, News & Analysis $20.00 +0.76 (+3.95%) (As of 10/28/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Universal Insurance Stock (NYSE:UVE) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Universal Insurance alerts:Sign Up Key Stats Today's Range$19.18▼$20.0550-Day Range$16.89▼$22.7652-Week Range$14.40▼$23.27Volume342,316 shsAverage Volume191,256 shsMarket Capitalization$569.60 millionP/E Ratio8.13Dividend Yield3.20%Price Target$25.00Consensus RatingBuy Company OverviewUniversal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States. It 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. The company 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, a digital agency for various carrier partners and utilization of digital applications for adjusting claims. It offers its products through a network of independent agents, as well as direct-to-consumer online solutions, including digital insurance agency. 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.Read More… We recommended Nvidia in 2016, now we’re recommending this… (Ad)The AI boom is just getting started. And the real wealth has still to be made…You must read this new presentation from Porter Stansberry. Universal Insurance Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks94th Percentile Overall ScoreUVE MarketRank™: Universal Insurance scored higher than 94% of companies evaluated by MarketBeat, and ranked 44th out of 942 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.5 / 5Analyst RatingBuy Consensus RatingUniversal Insurance has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageUniversal Insurance has received no research coverage in the past 90 days.Read more about Universal Insurance's stock forecast and price target. Earnings and Valuation3.1 / 5Proj. Earnings Growth107.03% Earnings GrowthEarnings for Universal Insurance are expected to grow by 107.03% in the coming year, from $1.28 to $2.65 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Universal Insurance is 8.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.86.Price to Earnings Ratio vs. SectorThe P/E ratio of Universal Insurance is 8.13, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.30.Price to Book Value per Share RatioUniversal Insurance has a P/B Ratio of 1.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Universal Insurance's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted2.84% of the float of Universal Insurance has been sold short.Short Interest Ratio / Days to CoverUniversal Insurance has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Universal Insurance has recently increased by 12.18%, indicating that investor sentiment is decreasing significantly. Dividend2.5 / 5Dividend StrengthModerate Dividend YieldUniversal Insurance pays a meaningful dividend of 3.33%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthUniversal Insurance does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Universal Insurance is 26.02%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Universal Insurance will have a dividend payout ratio of 24.15% next year. This indicates that Universal Insurance will be able to sustain or increase its dividend.Read more about Universal Insurance's dividend. Sustainability and ESG1.9 / 5Environmental Score-1.23 Percentage of Shares Shorted2.84% of the float of Universal Insurance has been sold short.Short Interest Ratio / Days to CoverUniversal Insurance has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Universal Insurance has recently increased by 12.18%, indicating that investor sentiment is decreasing significantly. News and Social Media1.9 / 5News Sentiment0.44 News SentimentUniversal Insurance has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Universal Insurance this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for UVE on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Company Ownership3.3 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Universal Insurance insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,571,502.00 in company stock.Percentage Held by Insiders17.50% of the stock of Universal Insurance is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions66.61% of the stock of Universal Insurance is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Universal Insurance's insider trading history. Receive UVE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Universal Insurance and its competitors with MarketBeat's FREE daily newsletter. Email Address UVE Stock News HeadlinesStockNews.com Upgrades Universal Insurance (NYSE:UVE) to Strong-BuyOctober 28 at 4:04 AM | americanbankingnews.comQ3 2024 Universal Insurance Holdings Inc Earnings Call TranscriptOctober 26 at 11:07 AM | gurufocus.comWar on Elon Escalates… A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.October 29, 2024 | Porter & Company (Ad)Universal Insurance Holdings Inc (UVE) Q3 2024 Earnings Call Highlights: Navigating Challenges ...October 26 at 11:07 AM | gurufocus.comUniversal Reports Third Quarter 2024 ResultsOctober 25, 2024 | finance.yahoo.comUniversal Insurance options imply 11.1% move in share price post-earningsOctober 25, 2024 | markets.businessinsider.comUniversal Insurance Holdings Inc Reports Q3 2024 Revenue of $387. ...October 24, 2024 | gurufocus.comUniversal Announces Third Quarter 2024 Earnings Release and Conference Call DatesOctober 14, 2024 | businesswire.comSee More Headlines UVE Stock Analysis - Frequently Asked Questions How have UVE shares performed this year? Universal Insurance's stock was trading at $15.98 at the start of the year. Since then, UVE stock has increased by 25.2% and is now trading at $20.00. View the best growth stocks for 2024 here. How were Universal Insurance's earnings last quarter? Universal Insurance Holdings, Inc. (NYSE:UVE) issued its earnings results on Thursday, October, 24th. The insurance provider reported ($0.73) EPS for the quarter, beating analysts' consensus estimates of ($1.03) by $0.30. The insurance provider had revenue of $387.55 million for the quarter, compared to the consensus estimate of $341.98 million. Universal Insurance had a net margin of 4.82% and a trailing twelve-month return on equity of 15.43%. Who are Universal Insurance's major shareholders? Universal Insurance's top institutional shareholders include Donald Smith & CO. Inc. (5.43%), Essex Investment Management Co. LLC (0.71%), Allspring Global Investments Holdings LLC (0.27%) and Inspire Advisors LLC (0.10%). Insiders that own company stock include Sean P Downes, Stephen Donaghy, Jon Springer, Michael Pietrangelo, Scott P Callahan, Francis Xavier Mccahill III, Gary Lloyd Ropiecki, Frank Wilcox and Marlene Gordon. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Universal Insurance own? Based on aggregate information from My MarketBeat watchlists, some other companies that Universal Insurance investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Netflix (NFLX), Palo Alto Networks (PANW) and Invesco QQQ (QQQ). Company Calendar Ex-Dividend for 8/9 Dividend8/02/2024Dividend Payable8/09/2024Last Earnings10/24/2024Today10/29/2024Fiscal Year End12/31/2024Next Earnings (Estimated)2/27/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Fire, marine, & casualty insurance Sub-IndustryProperty & Casualty Insurance Current SymbolNYSE:UVE CUSIP91359V10 CIK891166 Webwww.universalinsuranceholdings.com Phone(954) 958-1200Fax302-636-5454Employees1,244Year FoundedN/APrice Target and Rating Average Stock Price Target$25.00 High Stock Price Target$25.00 Low Stock Price Target$25.00 Potential Upside/Downside+25.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.46 Trailing P/E Ratio8.13 Forward P/E Ratio15.63 P/E GrowthN/ANet Income$66.82 million Net Margins4.82% Pretax Margin6.83% Return on Equity15.43% Return on Assets2.37% Debt Debt-to-Equity Ratio0.25 Current Ratio0.51 Quick Ratio0.54 Sales & Book Value Annual Sales$1.39 billion Price / Sales0.41 Cash Flow$2.61 per share Price / Cash Flow7.67 Book Value$11.69 per share Price / Book1.71Miscellaneous Outstanding Shares28,480,000Free Float23,499,000Market Cap$569.60 million OptionableOptionable Beta0.89 Social Links 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report This page (NYSE:UVE) was last updated on 10/29/2024 by MarketBeat.com Staff From Our Partnerstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. 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