United Insurance Holdings (NasdaqCM:UIHC) - Share price, News & Analysis

UIHC fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	3/6
Dividends	3/6

UIHC Stock Overview

Risk Analysis

Has less than 1 year of cash runway

Dividend of 14.04% is not well covered by earnings or forecast to be in the next 3 years

Currently unprofitable and not forecast to become profitable over the next 3 years

Volatile share price over the past 3 months

+ 1 more risk

United Insurance Holdings Competitors

Chubb

NYSE:CB

US$88.6b

Travelers Companies

NYSE:TRV

US$41.7b

Cincinnati Financial

NasdaqGS:CINF

US$20.0b

W. R. Berkley

NYSE:WRB

US$18.3b

Price History & Performance

Summary of all time highs, changes and price drops for United Insurance Holdings
Historical stock prices
Current Share Price	US$1.71
52 Week High	US$6.34
52 Week Low	US$1.29
Beta	0.83
1 Month Change	-36.67%
3 Month Change	-52.37%
1 Year Change	-69.74%
3 Year Change	-87.82%
5 Year Change	-89.46%
Change since IPO	-62.83%

Shareholder Returns

	UIHC	US Insurance	US Market
7D	4.3%	0.4%	1.0%
1Y	-69.7%	2.4%	-15.1%

Return vs Industry: UIHC underperformed the US Insurance industry which returned 2.5% over the past year.

Return vs Market: UIHC underperformed the US Market which returned -13.2% over the past year.

Price Volatility

Is UIHC's price volatile compared to industry and market?
UIHC volatility
UIHC Average Weekly Movement	13.0%
Insurance Industry Average Movement	5.1%
Market Average Movement	7.8%
10% most volatile stocks in US Market	16.8%
10% least volatile stocks in US Market	2.9%

Stable Share Price: UIHC is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: UIHC's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

Founded	Employees	CEO	Website
1999	472	Dan Peed	https://www.upcinsurance.com

United Insurance Holdings Corp. operates as a property and casualty insurance holding company that sources, writes, and services residential personal and commercial property, and casualty insurance policies in the United States. The company offers structure, content, and liability coverage for standard single-family homeowners, renters, and condominium unit owners. It also provides commercial multi-peril property insurance for residential condominium associations, as well as loss or damage to buildings, inventory, and equipment caused by fire, wind, hail, water, theft, and vandalism.

United Insurance Holdings Fundamentals Summary

How do United Insurance Holdings's earnings and revenue compare to its market cap?
UIHC fundamental statistics
Market Cap	US$74.08m
Earnings (TTM)	-US$73.32m
Revenue (TTM)	US$575.10m

0.1x

P/S Ratio

-1.0x

P/E Ratio

Is UIHC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
UIHC income statement (TTM)
Revenue	US$575.10m
Cost of Revenue	US$556.49m
Gross Profit	US$18.61m
Other Expenses	US$91.93m
Earnings	-US$73.32m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-1.69
Gross Margin	3.24%
Net Profit Margin	-12.75%
Debt/Equity Ratio	56.4%

How did UIHC perform over the long term?

See historical performance and comparison

Dividends

14.0%

Current Dividend Yield

-14%

Payout Ratio

Valuation

Is United Insurance Holdings undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

0.29x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate UIHC's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate UIHC's fair value for valuation analysis.

Price To Earnings Ratio

PE vs Industry: UIHC is unprofitable, so we can't compare its Price-To-Earnings Ratio to the US Insurance industry average.

PE vs Market: UIHC is unprofitable, so we can't compare its Price-To-Earnings Ratio to the US market.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate UIHC's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: UIHC is good value based on its Price-To-Book Ratio (0.3x) compared to the US Insurance industry average (1x).

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

50.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: UIHC is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: UIHC is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: UIHC is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: UIHC's revenue is expected to decline over the next 3 years (-6.4% per year).

High Growth Revenue: UIHC's revenue is forecast to decline over the next 3 years (-6.4% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if UIHC's Return on Equity is forecast to be high in 3 years time

Past Performance

How has United Insurance Holdings performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-58.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: UIHC is currently unprofitable.

Growing Profit Margin: UIHC is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: UIHC is unprofitable, and losses have increased over the past 5 years at a rate of 58% per year.

Accelerating Growth: Unable to compare UIHC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: UIHC is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (-2.6%).

Return on Equity

High ROE: UIHC has a negative Return on Equity (-26.97%), as it is currently unprofitable.

Financial Health

How is United Insurance Holdings's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: UIHC's short term assets ($1.6B) do not cover its short term liabilities ($1.8B).

Long Term Liabilities: UIHC's short term assets ($1.6B) exceed its long term liabilities ($309.4M).

Debt to Equity History and Analysis

Debt Level: UIHC has more cash than its total debt.

Reducing Debt: UIHC's debt to equity ratio has increased from 21.5% to 56.4% over the past 5 years.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: UIHC has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: UIHC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 46.1% each year

Dividend

What is United Insurance Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

14.04%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: UIHC's dividend (14.04%) is higher than the bottom 25% of dividend payers in the US market (1.57%).

High Dividend: UIHC's dividend (14.04%) is in the top 25% of dividend payers in the US market (4.06%)

Stability and Growth of Payments

Stable Dividend: UIHC's dividend payments have been volatile in the past 10 years.

Growing Dividend: UIHC's dividend payments have increased over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: UIHC is paying a dividend but the company is unprofitable.

Cash Payout to Shareholders

Cash Flow Coverage: UIHC is paying a dividend but the company has no free cash flows.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

2.1yrs

Average management tenure

CEO

Dan Peed (58 yo)

1.83yrs

Tenure

US$180,600

Compensation

Mr. Robert Daniel Peed, also known as Dan, has served as UPC Insurance's Chief Executive Officer and Chairman of the Board since July of 2020. Mr. Peed has served as a Member of the Board since 2017. Mr. P...

Leadership Team

Experienced Management: UIHC's management team is considered experienced (2.1 years average tenure).

Board Members

Experienced Board: UIHC's board of directors are seasoned and experienced ( 10.2 years average tenure).

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: UIHC insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/05/25 00:00
End of Day Share Price	2022/05/25 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31