Universal Insurance Holdings, Inc , together with its subsidiaries, operates as an integrated insurance holding company in the United States.
infoUniversal Insurance is a small cap stock with a total market cap of 407.28M.
infoThey trade on the NYSE and had their IPO 20 years and 2 months ago.
infoUniversal Insurance currently employs 1223 people.
infoAs of Wednesday, Aug 23 2023, Universal Insurance’s share price is $13.54.
News Relating to Universal Insurance
Seeking Alpha
Universal Insurance Holdings, Inc. (UVE) Q2 2023 Earnings Call Transcript
Friday Jul 28 2023 at 14:27
Universal Insurance Holdings, Inc. (NYSE:UVE ) Q2 2023 Earnings Conference Call July 28, 2023 10:00 AM ET Company Participants Arash Soleimani – Chief Strategy Officer Steve Donaghy – Chief Executive Officer Frank Wilcox – Chief Financial Otter Conference Call Participants Paul Newsome – Piper Sandler Nic Iacoviello – Dowling & Partners Operator Good morning, ladies and gentlemen and welcome to Universal Second Quarter 2023 Earnings Call. As a reminder, this conference is being recorded.
Zacks Investment Research
Universal Insurance Holdings (UVE) Q2 Earnings and Revenues Beat Estimates
Thursday Jul 27 2023 at 19:58
Universal Insurance Holdings (UVE) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.47 per share a year ago.
Seeking Alpha
Universal Insurance Holdings: Growing Despite Headwinds
Sunday Jul 16 2023 at 07:53
Universal Insurance Holdings is a solid investment opportunity due to its strong underwriting business, high dividend yield, and potential for growth and expansion. Despite challenges from natural disasters like hurricanes, UVE has demonstrated resilience and strength, with a robust cash position of over $300 million and a growing operating margin. UVE offers a 4.2% dividend yield and frequently conducts buybacks, making it an appealing investment option; it is currently undervalued compared to its historical price-to-earnings and price-to-book ratios.
Business Wire
Universal Announces Second Quarter 2023 Earnings Release and Conference Call Dates
Thursday Jul 13 2023 at 16:10
FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–Universal Insurance Holdings, Inc. (NYSE: UVE) (“Universal” or the “Company”) will issue a press release reporting its second quarter 2023 results after the market closes on Thursday, July 27, 2023. The company will host a conference call on Friday, July 28, 2023, at 10:00 a.m. ET to discuss financial results. Investors and other interested parties may listen to the call by accessing the online, real-time webcast at universalinsuranceholdings.com/investor.
Zacks Investment Research
Should Value Investors Buy Universal Insurance Holdings (UVE) Stock?
Thursday Jun 01 2023 at 10:49
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 value, growth, and momentum trends to underscore strong picks.
Zacks Investment Research
3 Small-Caps Tailored for Growth Investors
Thursday May 25 2023 at 18:33
While small caps are typically more volatile, their growth potential is challenging to ignore. For those with a less-conservative approach, these three could be great watchlist additions.
Zacks Investment Research
Universal Insurance Holdings (UVE) Q1 Earnings and Revenues Miss Estimates
Thursday Apr 27 2023 at 19:00
Universal Insurance Holdings (UVE) came out with quarterly earnings of $0.79 per share, missing the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.64 per share a year ago.
Zacks Investment Research
UNIVERSAL INSURANCE HOLDINGS INC (UVE) Hits Fresh High: Is There Still Room to Run?
Monday Apr 24 2023 at 10:39
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.
Zacks Investment Research
5 Small Hidden Gems to Pick From a Rangebound Wall Street
Thursday Apr 20 2023 at 09:56
We have narrowed our search to five stocks that have provided more than 50% returns year to date with more upside left. These are: CRD.A, REPX, UVE, ASUR and HROW.
Zacks Investment Research
3 Top-Ranked Small Caps Crushing the S&P 500 In 2022
Friday Apr 14 2023 at 18:13
While the small-cap approach may be less conservative, it can lead to significant returns for those willing to take on the additional risk.
Business Wire
Universal Announces First Quarter 2023 Earnings Release and Conference Call Dates
Wednesday Apr 05 2023 at 16:05
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 market closes on Thursday, April 27, 2023. The company will host a conference call on Friday, April 28, 2023, at 10:00 a.m. ET to discuss financial results. Investors and other interested parties may listen to the call by accessing the online, real-time webcast at universalinsuranceholdings.
Zacks Investment Research
5 Dividend Paying Growth Stocks to Buy for a Stable Portfolio
Monday Mar 27 2023 at 09:11
We have narrowed our search to five growth stocks that have solid upside left for 2023. These are: ARLP, RES, CRD.A, UVE, WNC.
Zacks Investment Research
4 Stocks Trading Near 52-Week High That Can Scale Higher
Friday Mar 17 2023 at 09:58
Investors target stocks that have been on a bullish run lately. Stocks like MYRG, ICFI, UVE and STRL that are seeing price strength have a high chance of carrying the momentum forward.
Zacks Investment Research
5 Stocks With Recent Price Strength Amid Extreme Volatility
Thursday Mar 16 2023 at 08:28
Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are UVE, ASUR, MYRG, AAON and ANET.
Zacks Investment Research
3 Safe Stocks to Beat Market Uncertainty
Wednesday Mar 15 2023 at 14:31
Troubled banks are the latest thing hitting markets, but the rules of successful investing remain the same.
MarketBeat
Universal Insurance: Navigating Florida’s Insurance Crisis
Wednesday Mar 15 2023 at 09:38
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.
Zacks Investment Research
Universal Insurance Holdings (UVE) is a Great Momentum Stock: Should You Buy?
Monday Mar 06 2023 at 13:33
Does Universal Insurance Holdings (UVE) have what it takes to be a top stock pick for momentum investors? Let’s find out.
Zacks Investment Research
5 Small Hidden Gems to Pick From a Volatile Wall Street
Friday Mar 03 2023 at 09:02
We have narrowed our search to five small-cap stocks that have provided around 20% returns year to date. These are: HQI, UBAB, UVE, BVH and CVCY.
Zacks Investment Research
Are Investors Undervaluing Universal Insurance Holdings (UVE) Right Now?
Wednesday Mar 01 2023 at 11:17
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 value, growth, and momentum trends to underscore strong picks.
Zacks Investment Research
5 Momentum Insurance Stocks Defying Headwinds to Buy for March
Wednesday Mar 01 2023 at 10:32
We have narrowed our search to five momentum insurance stocks with double-digit returns year to date. These are RE, RNR, UVE, KNSL and SIGI.
Zacks Investment Research
3 Stocks With Upgraded Broker Ratings to Maximize Returns
Wednesday Mar 01 2023 at 07:31
As brokers have a deeper insight into stocks, one must follow rating upgrades for solid returns. We choose State Street (STT), Universal Insurance (UVE) and Ralph Lauren (RL) as these witness rating upgrades.
Seeking Alpha
Universal Insurance Holdings, Inc. (UVE) Q4 2022 Earnings Call Transcript
Friday Feb 24 2023 at 12:26
Universal Insurance Holdings, Inc. (NYSE:UVE ) Q4 2022 Earnings Conference Call February 24, 2023 9:30 AM ET Company Participants Arash Soleimani – Chief Strategy Officer, CFA, CPA Steve Donaghy – CEO & Director Frank Wilcox – Chief Financial Officer Conference Call Participants Paul Newsome – Piper Sandler Nick Iacoviello – Dowling & Partners Operator Good morning, ladies and gentlemen. And welcome to Universal’s Fourth Quarter 2022 Earnings Conference Call.
Zacks Investment Research
Universal Insurance Holdings (UVE) Q4 Earnings and Revenues Beat Estimates
Thursday Feb 23 2023 at 19:34
Universal Insurance (UVE) delivered earnings and revenue surprises of 357.14% and 3.37%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Business Wire
Universal Declares Regular Cash Dividend & Announces Earnings Dates
Thursday Feb 09 2023 at 16:05
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 of 16 cents per share of common stock, payable March 16, 2023 to shareholders of record as of the close of business on March 9, 2023. Universal will issue a press release reporting its fourth quarter 2022 results after the market closes on Thursday, February 23, 2023.
Seeking Alpha
Universal Insurance Holdings: A Stronghold In A Stormy Market
Saturday Jan 14 2023 at 03:02
Universal Insurance Holdings, Inc. has been through another tough second half. Its fundamental stability remains one of its cornerstones.
Seeking Alpha
Universal Insurance Holdings, Inc. (UVE) Q3 2022 Earnings Call Transcript
Friday Oct 28 2022 at 13:41
Universal Insurance Holdings, Inc. (NYSE:UVE ) Q3 2022 Earnings Conference Call October 28, 2022 10:00 AM ET Company Participants Arash Soleimani – Chief Strategy Officer Steve Donaghy – Chief Executive Officer Frank Wilcox – Chief Financial Officer Conference Call Participants Paul Newsome – Piper Sandler Nick Iacoviello – Dowling Operator Good morning, ladies and gentlemen, and welcome to Universal’s Third Quarter 2022 Earnings Conference Call. As a reminder, this conference call is being recorded.
Benzinga
Insurance Stocks Moving In Friday’s Intraday Session – Bright Health Gr (NYSE:BHG), FedNat Holding (NASDAQ:FNHC), Fanhua (NASDAQ:FANH), Universal Insurance Hldgs (NYSE:UVE), RenaissanceRe Holdings (NYSE:RNR), Conifer Holdings (NASDAQ:CNFR), SelectQuote (NYSE:SLQT), Huize Holding (NASDAQ:HUIZ), NI Holdings (NASDAQ:NODK), Tian Ruixiang Holdings (NASDAQ:TIRX), ProAssurance (NYSE:PRA), HCI Group (NYSE:HCI)
Friday Sep 30 2022 at 13:11
According to Benzinga Pro following are the gainers and losers in Insurance industry for today’s Intraday session.
Zacks Investment Research
Is Universal Insurance Holdings (UVE) Stock Undervalued Right Now?
Friday Sep 23 2022 at 11:17
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 value, growth, and momentum trends to underscore strong picks.
Seeking Alpha
Universal Insurance Holdings, Inc. (UVE) CEO Steve Donaghy on Q2 2022 Results – Earnings Call Transcript
Thursday Jul 28 2022 at 13:12
Universal Insurance Holdings, Inc. (NYSE:UVE ) Q2 2022 Earnings Conference Call July 28, 2022 10:00 AM ET Company Participants Arash Soleimani – Chief Strategy Officer Steve Donaghy – Chief Executive Officer Frank Wilcox – Chief Financial Officer Conference Call Participants Operator Good morning, ladies and gentlemen. And welcome to Universal’s Second Quarter 2022 Earnings Conference Call.
Zacks Investment Research
Universal Insurance (UVE) Upgraded to Buy: Here’s What You Should Know
Tuesday Jul 19 2022 at 13:09
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).
Universal Insurance Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
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Universal Insurance’s Altman Z-score is 1.25 which is in the distress zone. This indicates a higher risk of financial distress and potential bankruptcy for the company. It can serve as a warning sign of significant financial challenges, requiring careful consideration by potential investors.
Derived from SEC.GOV filing dataopen_in_new
Universal Insurance Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
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Over the last 3 months, 1 insider has sold $292.00K of common stock in Universal Insurance on the stock market with no insider buying.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
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Universal Insurance’s Income Quality of 54.05 is greater than its Industry Group of 1.43 (3679.7% greater)
Universal Insurance’s Income Quality of 54.05 is greater than its Major Industry Group of 1.32 (3994.7% greater)
Universal Insurance’s Income Quality of 54.05 is greater than its Sector of 0.58 (9219.0% greater)
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
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Universal Insurance’s Current Ratio of 1.58 is lower than its Industry Group of 13.21 (-88.0% lower)
Universal Insurance’s Current Ratio of 1.58 is lower than its Major Industry Group of 10.3 (-84.7% lower)
Universal Insurance’s Current Ratio of 1.58 is greater than its Sector of 1.3 (21.5% greater)
Derived from SEC.GOV filing dataopen_in_new
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
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Universal Insurance’s PE Ratio of 73.05 is greater than its Industry Group of 8.93 (718.0% greater)
Universal Insurance’s PE Ratio of 73.05 is greater than its Major Industry Group of 7.67 (852.4% greater)
Universal Insurance’s PE Ratio of 73.05 is greater than its Sector of 7.86 (829.4% greater)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
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Universal Insurance’s PB Ratio of 1.22 is greater than its Industry Group of 0.75 (62.7% greater)
Universal Insurance’s PB Ratio of 1.22 is greater than its Major Industry Group of 0.63 (93.7% greater)
Universal Insurance’s PB Ratio of 1.22 is greater than its Sector of 0.72 (69.4% greater)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
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Universal Insurance’s ROE of 0.02 is lower than its Industry Group of 0.04 (-50.0% lower)
Universal Insurance’s ROE of 0.02 is in line with its Major Industry Group of 0.02
Universal Insurance’s ROE of 0.02 is lower than its Sector of 0.04 (-50.0% lower)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
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Universal Insurance’s ROCE of 0.01 is lower than its Industry Group of 0.02 (-50.0% lower)
Universal Insurance’s ROCE of 0.01 is in line with its Major Industry Group of 0.01
Universal Insurance’s ROCE of 0.01 is lower than its Sector of 0.02 (-50.0% lower)
Derived from SEC.GOV filing dataopen_in_new