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Universal Insurance Holdings NYSE:UVE Stock Report

Last Price

US$22.54

Market Cap

US$614.4m

7D

15.6%

1Y

40.8%

Updated

11 Nov, 2024

Data

Company Financials +

Universal Insurance Holdings, Inc.

NYSE:UVE Stock Report

Market Cap: US$614.4m

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Universal Insurance Holdings, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Universal Insurance Holdings
Historical stock prices
Current Share PriceUS$22.54
52 Week HighUS$23.27
52 Week LowUS$15.63
Beta0.91
11 Month Change18.57%
3 Month Change15.65%
1 Year Change40.79%
33 Year Change46.74%
5 Year Change-24.24%
Change since IPO18.63%

Recent News & Updates

Universal Insurance Holdings, Inc. (NYSE:UVE) Held Back By Insufficient Growth Even After Shares Climb 28%

Nov 09
Universal Insurance Holdings, Inc. (NYSE:UVE) Held Back By Insufficient Growth Even After Shares Climb 28%

Recent updates

Universal Insurance Holdings, Inc. (NYSE:UVE) Held Back By Insufficient Growth Even After Shares Climb 28%

Nov 09
Universal Insurance Holdings, Inc. (NYSE:UVE) Held Back By Insufficient Growth Even After Shares Climb 28%

Here's Why Universal Insurance Holdings (NYSE:UVE) Has Caught The Eye Of Investors

Sep 19
Here's Why Universal Insurance Holdings (NYSE:UVE) Has Caught The Eye Of Investors

Universal Insurance Continues Its Profitable Resurgence

Sep 03

Universal Insurance Holdings (NYSE:UVE) Is Due To Pay A Dividend Of $0.16

Jul 27
Universal Insurance Holdings (NYSE:UVE) Is Due To Pay A Dividend Of $0.16

Universal Insurance Holdings: Impressive Profitability At A Premium Valuation

Jun 11

Improved Revenues Required Before Universal Insurance Holdings, Inc. (NYSE:UVE) Stock's 27% Jump Looks Justified

Mar 09
Improved Revenues Required Before Universal Insurance Holdings, Inc. (NYSE:UVE) Stock's 27% Jump Looks Justified

Universal Insurance: A 4% Dividend Yield Gem With Revenue Growth, For Under $20

Jan 20

Universal Insurance Holdings: Still Undervalued After The YTD Rise Of 62%

Nov 21

Universal Insurance Holdings (NYSE:UVE) Is Paying Out A Dividend Of $0.16

Jul 24
Universal Insurance Holdings (NYSE:UVE) Is Paying Out A Dividend Of $0.16

Universal Insurance Holdings: Growing Despite Headwinds

Jul 16

Universal Insurance Holdings (NYSE:UVE) Will Pay A Dividend Of $0.16

Apr 16
Universal Insurance Holdings (NYSE:UVE) Will Pay A Dividend Of $0.16

Universal Insurance reports Q4 2022 results

Feb 23

Universal Insurance Holdings (NYSE:UVE) Will Pay A Dividend Of $0.16

Feb 13
Universal Insurance Holdings (NYSE:UVE) Will Pay A Dividend Of $0.16

Universal Insurance declares $0.16 dividend

Feb 09

Universal Insurance Holdings: A Stronghold In A Stormy Market

Jan 14

Universal Insurance Holdings (NYSE:UVE) Will Pay A Dividend Of $0.29

Dec 07
Universal Insurance Holdings (NYSE:UVE) Will Pay A Dividend Of $0.29

Universal Insurance Holdings' (NYSE:UVE) Dividend Will Be $0.29

Nov 18
Universal Insurance Holdings' (NYSE:UVE) Dividend Will Be $0.29

Shareholder Returns

UVEUS InsuranceUS Market
7D15.6%4.8%5.1%
1Y40.8%32.8%36.3%

Return vs Industry: UVE exceeded the US Insurance industry which returned 32.8% over the past year.

Return vs Market: UVE exceeded the US Market which returned 36.3% over the past year.

Price Volatility

Is UVE's price volatile compared to industry and market?
UVE volatility
UVE Average Weekly Movement7.9%
Insurance Industry Average Movement4.2%
Market Average Movement6.2%
10% most volatile stocks in US Market15.1%
10% least volatile stocks in US Market3.0%

Stable Share Price: UVE has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: UVE's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19901,244Steve Donaghywww.universalinsuranceholdings.com

Universal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States. It develops, markets, and underwrites insurance products for personal residential insurance, such as homeowners, renters/tenants, condo unit owners, and dwelling/fire; and offers allied lines, coverage for other structures, and personal property, liability, and personal articles coverages. The company also advises on actuarial issues, oversees distribution, administers claims payments, performs policy administration and underwriting, and assists with reinsurance negotiations; places and manages reinsurance programs for the insurance entities; and operates Clovered.com, a digital agency for various carrier partners and utilization of digital applications for adjusting claims.

Universal Insurance Holdings, Inc. Fundamentals Summary

How do Universal Insurance Holdings's earnings and revenue compare to its market cap?
UVE fundamental statistics
Market capUS$614.38m
Earnings (TTM)US$72.90m
Revenue (TTM)US$1.51b

8.7x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
UVE income statement (TTM)
RevenueUS$1.51b
Cost of RevenueUS$1.08b
Gross ProfitUS$435.69m
Other ExpensesUS$362.79m
EarningsUS$72.90m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.58
Gross Margin28.83%
Net Profit Margin4.82%
Debt/Equity Ratio25.3%

How did UVE perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

25%

Payout Ratio

Does UVE pay a reliable dividends?

See UVE dividend history and benchmarks
When do you need to buy UVE by to receive an upcoming dividend?
Universal Insurance Holdings dividend dates
Ex Dividend DateDec 06 2024
Dividend Pay DateDec 13 2024
Days until Ex dividend24 days
Days until Dividend pay date31 days

Does UVE pay a reliable dividends?

See UVE dividend history and benchmarks