United Fire Group Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for United Fire Group stock has a target of 19, which predicts a decrease of -4.33% from the current stock price of 19.86.

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$19	$19	$19	$19
Change	-4.33%	-4.33%	-4.33%	-4.33%

* Price targets were last updated on Aug 8, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for UFCS is "Sell". This means that the analyst believes this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Paul Newsome Piper Sandler	Piper Sandler	Sell Maintains $21 → $19	Sell	Maintains	$21 → $19	-4.33%	Aug 8, 2024
Paul Newsome Piper Sandler	Piper Sandler	Sell Maintains $21	Sell	Maintains	$21	+5.74%	Apr 1, 2024
Paul Newsome Piper Sandler	Piper Sandler	Sell Maintains $19 → $18	Sell	Maintains	$19 → $18	-9.37%	Oct 6, 2023
Paul Newsome Piper Sandler	Piper Sandler	Sell Maintains $26 → $22	Sell	Maintains	$26 → $22	+10.78%	Jul 6, 2023
Paul Newsome Piper Sandler	Piper Sandler	Sell Maintains $25 → $26	Sell	Maintains	$25 → $26	+30.92%	Apr 4, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

1.24B

Revenue Next Year

1.36B

from 1.24B

9.19%

from 1.24B

EPS This Year

1.17

from -1.18

EPS Next Year

1.66

from 1.17

41.30%

from 1.17

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	1.24B	1.36B	-
Revenue Growth	12.24%	-11.03%	-0.23%	-8.06%	11.75%	-	9.19%	-
EPS	0.58	-4.50	3.16	0.59	-1.18	1.17	1.66	1.89
EPS Growth	-46.35%	-	-	-81.33%	-	-	41.30%	13.85%
Forward PE	-	-	-	-	-	16.93	11.98	10.52
No. Analysts	-	-	-	-	-	4	4	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	1.3B	1.4B
Avg	1.2B	1.4B
Low	1.2B	1.3B

Revenue Growth

Revenue Growth	2024	2025
High	-	12.4%
Avg	-	9.2%
Low	-	4.9%

EPS Forecast

EPS	2024	2025	2026
High	1.26	1.84	1.94
Avg	1.17	1.66	1.89
Low	1.08	1.47	1.81

EPS Growth

EPS Growth	2024	2025	2026
High	-	56.6%	17.2%
Avg	-	41.3%	13.8%
Low	-	25.3%	9.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.