Universal Insurance Holdings, Inc. (UVE)

NYSE: UVE · IEX Real-Time Price · USD
15.24
-0.27 (-1.71%)
Jun 5, 2023, 1:39 PM EDT - Market open
-1.71%
Market Cap 464.21M
Revenue (ttm) 1.25B
Net Income (ttm) -15.62M
Shares Out 30.44M
EPS (ttm) -0.51
PE Ratio n/a
Forward PE n/a
Dividend $0.64 (4.20%)
Ex-Dividend Date May 11, 2023
Volume 73,108
Open 15.32
Previous Close 15.50
Day's Range 14.64 - 15.35
52-Week Range 8.39 - 20.15
Beta 0.92
Analysts Buy
Price Target 23.00 (+50.97%)
Earnings Date Jul 26, 2023

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... [Read more]

Sector Financials
IPO Date Dec 14, 1992
Employees 1,223
Stock Exchange NYSE
Ticker Symbol UVE
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for UVE stock is "Buy" and the 12-month stock price forecast is $23.0.

Price Target
$23.0
(50.97% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Universal's Insurance Subsidiaries Complete 2023-2024 Reinsurance Program

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings, Inc. (NYSE: UVE)(“Universal” or the “Company”) today announced the completion by Universal Property & Casualty Insurance Company (...

5 days ago - Business Wire

Universal Reports First Quarter 2023 Results

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings (NYSE: UVE) (“Universal” or the “Company”) reported first quarter 2023 results. “It was a strong quarter, including a 23.9% annuali...

1 month ago - Business Wire

Universal Announces First Quarter 2023 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 2023 results after the mark...

2 months ago - Business Wire
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Universal Insurance: Navigating Florida's Insurance Crisis

Florida's insurance market is a hot mess. Excessive litigation, fraudulent claims, and a surge in catastrophic weather have left insurers struggling to stay afloat.

Other symbols: HRTG
2 months ago - MarketBeat

Universal Reports Fourth Quarter 2022 Results

Diluted GAAP earnings per common share (EPS) of $0.82; diluted adjusted* EPS of $0.72

3 months ago - Business Wire

Universal Declares Regular Cash Dividend & Announces Earnings Dates

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

4 months ago - Business Wire

Universal Declares Regular and Special Cash Dividends

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

7 months ago - Business Wire

Universal Reports Third Quarter 2022 Results

FORT LAUDERDALE, Fla.

7 months ago - Business Wire
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Universal Appoints William Degnan Chief Claims Officer

FORT LAUDERDALE, Fla.

8 months ago - Business Wire

Universal Provides Hurricane Ian Update

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Provides Hurricane Ian Update

8 months ago - Business Wire

Universal Reports Second Quarter 2022 Results

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings (NYSE: UVE) (“Universal” or the “Company”) reported 2022 second quarter diluted GAAP EPS of $0.24 and adjusted EPS of $0.47. 1 Reco...

11 months ago - Business Wire

Universal Appoints Elizabeth Hansen Chief Actuary

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings, Inc. (NYSE: UVE) (“Universal” or the “Company”), announced today that Elizabeth Hansen has been appointed Chief Actuary. Ms. Hanse...

11 months ago - Business Wire
}

Universal 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 ...

11 months ago - Business Wire

Universal Announces Second 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 second quarter 2022 results after the mar...

11 months ago - Business Wire

Universal's Insurance Subsidiaries Complete 2022-2023 Reinsurance Programs

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings, Inc. (NYSE: UVE)(“Universal” or the “Company”) today announced the completion by Universal Property & Casualty Insurance Company (...

1 year ago - Business Wire

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-GAAP...

1 year 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 ...

1 year 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 clos...

1 year ago - Business Wire

Universal Insurance Holdings Announces Leadership Changes

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

1 year 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 writ...

1 year ago - GuruFocus

Universal Insurance Holdings Reports Fourth Quarter 2021 Results

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

1 year ago - Business Wire

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

1 year ago - Business Wire

Universal Insurance Holdings Declares Cash Dividend of 16 Cents per Share and Estimates 2021 Accident Year Strengthening and Prior Years' Development

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

1 year ago - Business Wire

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

1 year ago - Business Wire