NYSE:UVEInsurance
Universal Insurance Holdings (UVE) Is Up 11.1% After Profit Beat And Reinsurance Expansion - Has The Bull Case Changed?
Universal Insurance Holdings, Inc. reported first-quarter 2026 results with revenue of US$393.57 million, net income of US$54.29 million, and diluted earnings per share from continuing operations of US$1.88, all reflecting year-over-year improvement in profitability despite essentially flat revenue.
The company also secured its 2026–2027 reinsurance program with US$352 million of additional multi-year coverage and delivered a very large annualized adjusted return on common equity,...