Universal Insurance Holdings, Inc. (UVE)

NYSE: UVE · IEX Real-Time Price · USD
12.40
0.21 (1.72%)
May 16, 2022 4:00 PM EDT - Market closed
Market Cap383.73M
Revenue (ttm)1.15B
Net Income (ttm)11.54M
Shares Out30.95M
EPS (ttm)0.37
PE Ratio33.60
Forward PEn/a
Dividend$0.61 (4.92%)
Ex-Dividend DateMay 12, 2022
Volume395,814
Open12.27
Previous Close12.19
Day's Range12.15 - 12.64
52-Week Range11.55 - 19.64
Beta1.13
AnalystsSell
Price Target13.77 (+11.0%)
Earnings DateApr 28, 2022

About UVE

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 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. It also advises on actuarial issues, oversees distribution, administers claims payments, performs policy adm...

IndustryInsurance
IPO DateDec 14, 1992
CEOStephen Donaghy
Employees1,047
Stock ExchangeNYSE
Ticker SymbolUVE
Full Company Profile

Financial Performance

In 2021, UVE's revenue was $1.12 billion, an increase of 4.58% compared to the previous year's $1.07 billion. Earnings were $20.41 million, an increase of 6.81%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for UVE stock is "Sell." The 12-month stock price forecast is 13.77, which is an increase of 11.05% from the latest price.

Price Target
$13.77
(11.05% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Best Income Stocks to Buy for May 4th

UVE, BKE, and PANL made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 4, 2022.

Other symbols:BKEPANL
1 week ago - Zacks Investment Research

Universal Reports First Quarter 2022 Results

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings (NYSE: UVE) (“Universal” or the “Company”) reported 2022 first quarter diluted EPS of $0.56 on a GAAP basis and $0.64 on a non-GAAP1 ...

2 weeks ago - Business Wire

Universal Insurance Holdings Declares Cash Dividend of 16 Cents per Share

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings, Inc. (NYSE: UVE) (“Universal” or the “Company”) announced today that its Board of Directors declared a quarterly cash dividend of 16...

3 weeks ago - Business Wire

Universal Announces First Quarter 2022 Earnings Release and Conference Call Dates

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings, Inc. (NYSE: UVE) (“Universal” or the “Company”) will issue a press release reporting its first quarter 2022 results after the close ...

1 month ago - Business Wire

Universal Insurance Holdings Announces Leadership Changes

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings Announces Leadership Changes

2 months ago - Business Wire

Universal Insurance Holdings Is Underfollowed and Undervalued

Universal Insurance Holdings Inc. ( UVE , Financial) is a holding company offering property and casualty insurance and value-added insurance services in the U.S. The company develops, markets and writes...

2 months ago - GuruFocus

Universal Insurance Holdings (UVE) Reports Q4 Loss, Tops Revenue Estimates

Universal Insurance (UVE) delivered earnings and revenue surprises of 4.38% and 0.05%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Universal Insurance Holdings Reports Fourth Quarter 2021 Results

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings Reports Fourth Quarter 2021 Results

2 months ago - Business Wire

Earnings Preview: Universal Insurance Holdings (UVE) Q4 Earnings Expected to Decline

Universal Insurance (UVE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Universal Insurance Holdings Announces Fourth Quarter 2021 Earnings Release and Conference Call Date

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings Announces Fourth Quarter 2021 Earnings Release and Conference Call Date

3 months ago - Business Wire

Universal Insurance Holdings Declares Cash Dividend of 16 Cents per Share and Estimates 2021 Accident Year Strengthen...

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings Declares Cash Dividend of 16 Cents per Share and Estimates 2021 Accident Year Strengthening and Prior Years' Development

3 months ago - Business Wire

Universal Insurance (UVE) Moves 5% Higher: Will This Strength Last?

Universal Insurance (UVE) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price inc...

4 months ago - Zacks Investment Research

Universal Insurance (UVE) Soars to 52-Week High, Time to Cash Out?

Universal Insurance (UVE) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

5 months ago - Zacks Investment Research

Should Value Investors Buy These Finance Stocks?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

5 months ago - Zacks Investment Research

EPA Recognizes Universal Insurance Holdings, Inc. For Leading Green Power Use

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--EPA Recognizes Universal Insurance Holdings, Inc. For Leading Green Power Use

5 months ago - Business Wire

Universal Insurance Holdings Completes Private Placement of $100M of Senior Unsecured Notes due 2026 to Support Growth

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings Completes Private Placement of $100M of Senior Unsecured Notes due 2026 to Support Growth

5 months ago - Business Wire

Universal Insurance (UVE) Upgraded to Buy: What Does It Mean for the Stock?

Universal Insurance (UVE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

5 months ago - Zacks Investment Research

Universal Insurance Holdings Marks More than 10 Consecutive Years Declaring a Fourth Quarter Special Dividend, Today ...

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings Declares Regular and Special Cash Dividends Totaling 29 Cents per Share

6 months ago - Business Wire

Tap These 5 Bargain Stocks With Alluring EV-to-EBITDA Ratios

We have screened bargain stocks TA, ASO, ASX, UVE and CVLG based on EV-to-EBITDA ratio that offers a clearer picture of valuation and earnings potential.

Other symbols:ASOASXCVLGTA
6 months ago - Zacks Investment Research

4 Breakout Stocks for Stunning Returns

ALOT, NMRK, UVE, and CFB are four of the 12 stocks that passed the screen for breakout stocks for today.

Other symbols:ALOTCFBNMRK
6 months ago - Zacks Investment Research

Universal Insurance Holdings (UVE) Tops Q3 Earnings Estimates

Universal Insurance (UVE) delivered earnings and revenue surprises of 5.00% and -4.40%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Universal Insurance Holdings Reports Third Quarter 2021 Results

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings Reports Third Quarter 2021 Results

6 months ago - Business Wire

Universal Insurance Holdings (UVE) Reports Next Week: Wall Street Expects Earnings Growth

Universal Insurance (UVE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

Universal Insurance Holdings Announces Third Quarter 2021 Earnings Release and Conference Call Date

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings Announces Third Quarter 2021 Earnings Release and Conference Call Date

7 months ago - Business Wire

4 Value Picks for Growth Investors to Dodge the Soft Market

We shortlisted four insurers FNF, WRB, LNC and UVE that have the potential to offer better returns to investors.

Other symbols:FNFLNCWRB
8 months ago - Zacks Investment Research