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Universal Insurance Holdings NYSE:UVE Stock Report

Last Price

US$18.99

Market Cap

US$550.1m

7D

-1.0%

1Y

-2.4%

Updated

18 Apr, 2024

Data

Company Financials +

Universal Insurance Holdings, Inc.

NYSE:UVE Stock Report

Market Cap: US$550.1m

UVE Stock Overview

Universal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States.

UVE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance2/6
Financial Health4/6
Dividends5/6

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$18.99
52 Week HighUS$21.75
52 Week LowUS$11.16
Beta0.85
1 Month Change-3.85%
3 Month Change15.09%
1 Year Change-2.37%
3 Year Change38.11%
5 Year Change-36.70%
Change since IPO-0.053%

Recent News & Updates

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

Recent updates

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

Universal Insurance declares $0.16 dividend, $0.13 special dividend

Nov 14

Universal Insurance Non-GAAP EPS of -$2.27, revenue of $312.81M

Oct 27

Universal Insurance stock gains 5% postmarket after Hurricane Ian update

Oct 11

Universal Insurance Q2 2022 Earnings Preview

Jul 26

Universal Insurance Holdings' (NYSE:UVE) Dividend Will Be $0.16

Jul 23
Universal Insurance Holdings' (NYSE:UVE) Dividend Will Be $0.16

Universal Insurance declares $0.16 dividend

Jul 19

Universal Insurance Remains Fundamentally Sound In A Challenging Market Environment

May 29

Universal Insurance Holdings (NYSE:UVE) Has Announced A Dividend Of US$0.16

Apr 24
Universal Insurance Holdings (NYSE:UVE) Has Announced A Dividend Of US$0.16

Universal Insurance Holdings (NYSE:UVE) Has Affirmed Its Dividend Of US$0.16

Feb 27
Universal Insurance Holdings (NYSE:UVE) Has Affirmed Its Dividend Of US$0.16

Shareholder Returns

UVEUS InsuranceUS Market
7D-1.0%-0.07%-3.7%
1Y-2.4%22.1%20.2%

Return vs Industry: UVE underperformed the US Insurance industry which returned 20.7% over the past year.

Return vs Market: UVE underperformed the US Market which returned 20.5% over the past year.

Price Volatility

Is UVE's price volatile compared to industry and market?
UVE volatility
UVE Average Weekly Movement7.5%
Insurance Industry Average Movement4.1%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: UVE's weekly volatility (7%) 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$550.06m
Earnings (TTM)US$66.81m
Revenue (TTM)US$1.39b

8.2x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
UVE income statement (TTM)
RevenueUS$1.39b
Cost of RevenueUS$992.64m
Gross ProfitUS$398.95m
Other ExpensesUS$332.13m
EarningsUS$66.81m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 25, 2024

Earnings per share (EPS)2.31
Gross Margin28.67%
Net Profit Margin4.80%
Debt/Equity Ratio34.2%

How did UVE perform over the long term?

See historical performance and comparison

Dividends

4.1%

Current Dividend Yield

29%

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 DateMay 09 2024
Dividend Pay DateMay 17 2024
Days until Ex dividend19 days
Days until Dividend pay date27 days

Does UVE pay a reliable dividends?

See UVE dividend history and benchmarks
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