United Fire Group
Market Cap
US$734.5m
Last Updated
2021/06/13 22:51 UTC
Data Sources
Company Financials +
Executive Summary
United Fire Group, Inc., together with its subsidiaries, provides property and casualty insurance for individuals and businesses in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Mediocre balance sheet with moderate growth potential.
Similar Companies
Share Price & News
How has United Fire Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: UFCS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: UFCS's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-4.2%
UFCS
-1.9%
US Insurance
0.8%
US Market
1 Year Return
6.3%
UFCS
41.9%
US Insurance
44.4%
US Market
Return vs Industry: UFCS underperformed the US Insurance industry which returned 41.9% over the past year.
Return vs Market: UFCS underperformed the US Market which returned 44.3% over the past year.
Shareholder returns
| UFCS | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.2% | -1.9% | 0.8% |
| 30 Day | -11.4% | -1.8% | 3.0% |
| 90 Day | -16.6% | 5.0% | 4.4% |
| 1 Year | 9.5%6.3% | 45.6%41.9% | 46.7%44.4% |
| 3 Year | -38.2%-46.3% | 35.9%26.0% | 60.3%50.4% |
| 5 Year | -13.5%-28.3% | 85.7%62.6% | 128.3%102.8% |
Long-Term Price Volatility Vs. Market
How volatile is United Fire Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Dividend Investors: Don't Be Too Quick To Buy United Fire Group, Inc. (NASDAQ:UFCS) For Its Upcoming Dividend1 month ago | Simply Wall St
It Looks Like United Fire Group, Inc.'s (NASDAQ:UFCS) CEO May Expect Their Salary To Be Put Under The Microscope1 month ago | Simply Wall St
United Fire Group, Inc. Beat Analyst Profit Forecasts, And Analysts Have New EstimatesValuation
Is United Fire Group undervalued compared to its fair value and its price relative to the market?
0.89x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate UFCS's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate UFCS's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: UFCS is unprofitable, so we can't compare its PE Ratio to the US Insurance industry average.
PE vs Market: UFCS is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate UFCS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: UFCS is good value based on its PB Ratio (0.9x) compared to the US Insurance industry average (1.1x).
Future Growth
How is United Fire Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
99.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UFCS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: UFCS is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: UFCS's is expected to become profitable in the next 3 years.
Revenue vs Market: UFCS's revenue is expected to decline over the next 3 years (-3.3% per year).
High Growth Revenue: UFCS's revenue is forecast to decline over the next 3 years (-3.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if UFCS's Return on Equity is forecast to be high in 3 years time
Past Performance
How has United Fire Group performed over the past 5 years?
-63.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UFCS is currently unprofitable.
Growing Profit Margin: UFCS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: UFCS is unprofitable, and losses have increased over the past 5 years at a rate of 63.3% per year.
Accelerating Growth: Unable to compare UFCS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: UFCS is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (51.9%).
Return on Equity
High ROE: UFCS has a negative Return on Equity (-2.61%), as it is currently unprofitable.
Financial Health
How is United Fire Group's financial position?
Financial Position Analysis
Short Term Liabilities: UFCS's short term assets ($658.5M) do not cover its short term liabilities ($2.2B).
Long Term Liabilities: UFCS's short term assets ($658.5M) exceed its long term liabilities ($74.4M).
Debt to Equity History and Analysis
Debt Level: UFCS's debt to equity ratio (3.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if UFCS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: UFCS's debt is well covered by operating cash flow (206.2%).
Interest Coverage: Insufficient data to determine if UFCS's interest payments on its debt are well covered by EBIT.
Balance Sheet
Dividend
What is United Fire Group current dividend yield, its reliability and sustainability?
2.05%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: UFCS's dividend (2.05%) is higher than the bottom 25% of dividend payers in the US market (1.27%).
High Dividend: UFCS's dividend (2.05%) is low compared to the top 25% of dividend payers in the US market (3.35%).
Stability and Growth of Payments
Stable Dividend: UFCS's dividend payments have been volatile in the past 10 years.
Growing Dividend: UFCS's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: UFCS is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.8yrs
Average management tenure
CEO
Randy Ramlo (59 yo)
14.08yrs
Tenure
US$2,118,816
Compensation
Mr. Randy Allan Ramlo serves as President and Director of United Fire & Casualty Company. Mr. Ramlo has been the President and Chief Executive Officer of United Fire Group, Inc. since May 2007 and has been...
CEO Compensation Analysis
Compensation vs Market: Randy's total compensation ($USD2.12M) is about average for companies of similar size in the US market ($USD2.39M).
Compensation vs Earnings: Randy's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: UFCS's management team is seasoned and experienced (5.8 years average tenure).
Board Members
Experienced Board: UFCS's board of directors are considered experienced (8.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: UFCS insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
United Fire Group, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: United Fire Group, Inc.
- Ticker: UFCS
- Exchange: NasdaqGS
- Founded: 1946
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: US$734.505m
- Shares outstanding: 25.12m
- Website: https://www.ufginsurance.com
Number of Employees
Location
- United Fire Group, Inc.
- 118 Second Avenue SE
- Cedar Rapids
- Iowa
- 52401
- United States
Listings
Biography
United Fire Group, Inc., together with its subsidiaries, provides property and casualty insurance for individuals and businesses in the United States. The company offers commercial and personal lines of pr...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/06/13 22:51 |
| End of Day Share Price | 2021/06/11 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.