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Market Cap

US$790.0m

Last Updated

2021/05/11 22:48 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


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 +/- 6% a week.

Volatility Over Time: UFCS's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

4.4%

UFCS

2.2%

US Insurance

-1.2%

US Market


1 Year Return

26.6%

UFCS

57.0%

US Insurance

48.3%

US Market

Return vs Industry: UFCS underperformed the US Insurance industry which returned 55.8% over the past year.

Return vs Market: UFCS underperformed the US Market which returned 49.9% over the past year.


Shareholder returns

UFCSIndustryMarket
7 Day4.4%2.2%-1.2%
30 Day-6.9%7.2%0.2%
90 Day-0.2%15.8%1.6%
1 Year31.2%26.6%61.0%57.0%50.8%48.3%
3 Year-29.1%-38.4%44.4%33.7%62.0%51.9%
5 Year-4.9%-21.3%89.0%65.5%126.9%101.7%

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

Valuation

Is United Fire Group undervalued compared to its fair value and its price relative to the market?

0.96x

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 (1x) compared to the US Insurance industry average (1.2x).


Future Growth

How is United Fire Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

135.2%

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 (-2.5% per year).

High Growth Revenue: UFCS's revenue is forecast to decline over the next 3 years (-2.5% 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 (34.1%).


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?

1.91%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: UFCS's dividend (1.89%) is higher than the bottom 25% of dividend payers in the US market (1.23%).

High Dividend: UFCS's dividend (1.89%) is low compared to the top 25% of dividend payers in the US market (3.4%).


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)

14yrs

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 seasoned and experienced ( 10.3 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$790.019m
  • 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/11 22:48
End of Day Share Price2021/05/11 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.