Finally, MetLife Investment Management LLC boosted its stake in Universal Insurance by 55.1% during the first quarter. MetLife Investment Management LLC now owns 14,719 shares of the insurance provider’s stock worth $199,000 after buying an additional 5,231 shares during the period. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.

• Universal Insurance Holdings, Inc. provides various property and casualty insurance products.
• Universal Insurance Holdings, Inc. engages in offering property and casualty insurance and value-added insurance services.
• On February 28, 2023, the average trading volume of UVE was 207.48K shares.
• The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades.
• The average analyst rating for UVE stock from 6 stock analysts is “Buy”.

/ Sales ,39x Nbr of Employees Free-Float 58,0% More FinancialsCompanyUniversal Insurance Holdings, Inc. is a private personal residential homeowners insurance company in Florida. The Company’s subsidiaries include Universal Property & Casualty Insurance Company and American Platinum Property and Casualty… The P/B ratio pits a stock’s market value against its book value, which is defined as total assets minus total liabilities.

Analyst Ratings

The consensus rating for Universal Insurance is Buy while the average consensus rating for finance companies is Hold. Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment. Live educational sessions using site features to explore today’s markets. Analysts estimate an earnings increase this quarter of $2.00 per share, a decrease next quarter of $0.00 per share, an increase this year of $3.05 per share, and an increase next year of $0.75 per share.

Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Measures how much net income or profit is generated as a percentage of revenue.

Universal Insurance – UVE Stock Forecast, Price & News

Swiss National Bank now owns 66,400 shares of the insurance provider’s stock worth $896,000 after purchasing an additional 4,500 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Universal Insurance by 2.9% during the 1st quarter. Bank of New York Mellon Corp now owns 412,217 shares of the insurance provider’s stock worth $5,561,000 after purchasing an additional 11,696 shares during the last quarter. Citigroup Inc. raised its holdings in Universal Insurance by 13.9% in the 1st quarter. Citigroup Inc. now owns 25,660 shares of the insurance provider’s stock valued at $346,000 after buying an additional 3,126 shares during the period.

We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. Universal Insurance Holdings Inc is a private personal residential homeowner insurance company. The company all aspects of insurance underwriting, policy issuance, general administration and claims processing and settlement internally through our vertically integrated operations. It generates revenues primarily from the collection of premiums. Universal Insurance Holdings, Inc. provides various property and casualty insurance products.

Money Flow Uptick/Downtick RatioMoney flow measures the relative buying and selling pressure on a stock, based on the value of trades made on an “uptick” in price and the value of trades made on a “downtick” in price. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades. Net money flow is the value of uptick trades minus the value of downtick trades. Price to trailing twelve month operating cash flow for UVE is currently 1.72, higher than only 7.43% of US stocks with positive operating cash flow. UNIVERSAL INSURANCE HOLDINGS INC’s capital turnover — a measure of revenue relative to shareholder’s equity — is better than 88.74% of US listed stocks.

Verify your identity, creating a primary botize the content you receive, or create and administer your account. Growth is the dimension where UVE ranks best; there it ranks ahead of 92.48% of US stocks. UNIVERSAL INSURANCE HOLDINGS INC Stock can be purchased through just about any brokerage firm, including online brokerage services. UNIVERSAL INSURANCE HOLDINGS INC stock upgraded to Buy Candidate. Sign Up NowGet this delivered to your inbox, and more info about our products and services. Universal Insurance doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

Stocks Trading Near 52-Week High That Can Scale Higher

To see all exchange delays and terms of use please see Barchart’s disclaimer. Universal Insurance shares are trading higher after the company reported better-than-expected Q4 sales results. In 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 $209,076.00 in company stock.

UVE, MYRG and MFIN made it to the Zacks Rank #1 momentum stocks list on February 28, 2023. Take your analysis to the next level with our full suite of features, known and used by millions throughout the trading world. Stocks Telegraph provides information and tools designed to assist investors and Wall Street players. A major goal is to offer financiers comprehensive information that will help them gain insight into investing. The industry with the best average Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries.

View analysts price targets for UVE or view top-rated stocks among Wall Street analysts. A number of hedge funds and other institutional investors have recently bought and sold shares of UVE. Advisor Group Holdings Inc. lifted its holdings in shares of Universal Insurance by 36.2% in the first quarter.

The strongest trend for UVE is in Sentiment, which has been heading up over the past 179 days. 67.07% during the next 3 months and, with a 90% probability hold a price between $28.94 and $38.86 at the end of this 3-month period. As brokers have a deeper insight into stocks, one must follow rating upgrades for solid returns. We choose State Street , Universal Insurance and Ralph Lauren as these witness rating u…

Finally, MetLife Investment Management LLC lifted its position in shares of Universal Insurance by 55.1% during the first quarter. MetLife Investment Management LLC now owns 14,719 shares of the insurance provider’s stock worth $199,000 after purchasing an additional 5,231 shares during the last quarter. Hedge funds and other institutional investors own 66.85% of the company’s stock. UVE stock is 17% up the past year period as it outperformed in various sectors. The current aftermarket dip in the stock is likely the outcome of the company’s recent Form 8-K filing with SEC and 16 cents per share cash dividend declaration.

Universal Insurance Non-GAAP EPS of -$2.27, revenue of $312.81M

The public float for https://1investing.in/ is 27.40M, and at present, short sellers hold a 1.91% of that float. On February 28, 2023, the average trading volume of UVE was 207.48K shares. Universal Insurance Holdings, Inc. is a private personal residential homeowners insurance company in Florida.

UVE has a forward dividend yield of 0.04%.SeeUVE’s full dividends and stock split historyon the Dividend tab. To see all exchange delays and terms of use, please see disclaimer. The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.UVE has a Quality Grade of C, ranking ahead of 67.31% of graded US stocks. Over the past 241 months, UVE’s price/sales ratio has gone up 0.4.

• 1 Wall Street analysts have issued 12 month price objectives for Universal Insurance’s stock.
• Each bar represents the previous year of ratings for that month.
• Shares Sold ShortThe total number of shares of a security that have been sold short and not yet repurchased.Change from LastPercentage change in short interest from the previous report to the most recent report.
• According to the issued ratings of 1 analysts in the last year, the consensus rating for Universal Insurance stock is Buy based on the current 1 buy rating for UVE.

The company primarily underwrites homeowners’ insurance products; and offers reinsurance intermediary brokerage services. The company was founded in 1990 and is based in Fort Lauderdale, Florida. The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 16th. Stockholders of record on Thursday, March 9th were given a dividend of $0.16 per share.

Keefe Bruyette gave a rating of “Underperform” to UVE, setting the target price at $27 in the report published on November 04th of the previous year. This info isn’t a recommendation for what you should personally do, so please don’t take the data as investment advice. The 1 analyst offering 1 year price forecasts for UVE have a max estimate of — and a min estimate of —. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services.

You can buy Universal Insurance Holdings shares by opening an account at a top tier brokerage firm, such as TD Ameritrade or tastyworks. Its specialists are interested in stocks that have been undervalued by different reasons. They are trying to find them, count their potential and bring them to their clients.

The Company performs substantially all aspects of insurance underwriting, policy issuance, general administration, and claims processing and settlement internally. The Company’s subsidiaries include Universal Property & Casualty Insurance Company and American Platinum Property and Casualty Insurance Company . UPCIC writes homeowners insurance policies in states, including Alabama, Delaware, Florida, Georgia, Hawaii, Indiana, Maryland, Massachusetts, Michigan, Minnesota, North Carolina, Pennsylvania, South Carolina and Virginia. APPCIC writes homeowners and commercial residential insurance policies in Florida.