Universal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States.
Universal Insurance Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$12.88|
|52 Week High||US$10.84|
|52 Week Low||US$16.79|
|1 Month Change||-9.55%|
|3 Month Change||-4.38%|
|1 Year Change||-22.18%|
|3 Year Change||-72.36%|
|5 Year Change||-49.23%|
|Change since IPO||-32.21%|
Recent News & Updates
Universal Insurance Holdings (NYSE:UVE) Is Due To Pay A Dividend Of US$0.16
The board of Universal Insurance Holdings, Inc. ( NYSE:UVE ) has announced that it will pay a dividend of US$0.16 per...
|UVE||US Insurance||US Market|
Return vs Industry: UVE underperformed the US Insurance industry which returned 36.8% over the past year.
Return vs Market: UVE underperformed the US Market which returned 33.7% over the past year.
Stable Share Price: UVE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: UVE's weekly volatility (4%) has been stable over the past year.
About the Company
Universal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States. The company develops, markets, and underwrites insurance products for personal residential insurance, such as homeowners, renters/tenants, condo unit owners, and dwelling/fire; allied lines, coverage for other structures, and personal property; and commercial residential multi-peril, as well as 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, in which consumers receive side-by-side quotes from multiple carriers across multiple states, as well as educational materials about homeowners insurance policies.
Universal Insurance Holdings Fundamentals Summary
|UVE fundamental statistics|
Is UVE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|UVE income statement (TTM)|
|Cost of Revenue||US$783.60m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.88|
|Net Profit Margin||2.44%|
How did UVE perform over the long term?See historical performance and comparison
6.0%Current Dividend Yield
Is Universal Insurance Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: UVE ($12.88) is trading below our estimate of fair value ($28.21)
Significantly Below Fair Value: UVE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: UVE is poor value based on its PE Ratio (14.6x) compared to the US Insurance industry average (9.5x).
PE vs Market: UVE is good value based on its PE Ratio (14.6x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: UVE is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: UVE is good value based on its PB Ratio (0.8x) compared to the US Insurance industry average (1.1x).
How is Universal Insurance Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: UVE's forecast earnings growth (45.4% per year) is above the savings rate (2%).
Earnings vs Market: UVE's earnings (45.4% per year) are forecast to grow faster than the US market (14.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: UVE's revenue (7.8% per year) is forecast to grow slower than the US market (9.7% per year).
High Growth Revenue: UVE's revenue (7.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if UVE's Return on Equity is forecast to be high in 3 years time
How has Universal Insurance Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: UVE has high quality earnings.
Growing Profit Margin: UVE's current net profit margins (2.4%) are higher than last year (0.9%).
Past Earnings Growth Analysis
Earnings Trend: UVE's earnings have declined by 27.9% per year over the past 5 years.
Accelerating Growth: UVE's earnings growth over the past year (205.1%) exceeds its 5-year average (-27.9% per year).
Earnings vs Industry: UVE earnings growth over the past year (205.1%) exceeded the Insurance industry 76%.
Return on Equity
High ROE: UVE's Return on Equity (5.7%) is considered low.
How is Universal Insurance Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: UVE's short term assets ($1.1B) do not cover its short term liabilities ($1.7B).
Long Term Liabilities: UVE's short term assets ($1.1B) exceed its long term liabilities ($159.1M).
Debt to Equity History and Analysis
Debt Level: UVE's debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: UVE's debt to equity ratio has reduced from 4.6% to 1.6% over the past 5 years.
Debt Coverage: UVE's debt is well covered by operating cash flow (1238.5%).
Interest Coverage: UVE's interest payments on its debt are well covered by EBIT (392.4x coverage).
What is Universal Insurance Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: UVE's dividend (5.98%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: UVE's dividend (5.98%) is in the top 25% of dividend payers in the US market (3.58%)
Stability and Growth of Payments
Stable Dividend: UVE's dividend payments have been volatile in the past 10 years.
Growing Dividend: UVE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (72.9%), UVE's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Steve Donaghy (56 yo)
Mr. Stephen Joseph Donaghy, also known as Steve, has been Chief Executive Officer of Universal Insurance Holdings, Inc. since July 15, 2019 and is its Director since February 26, 2020. Mr. Donaghy was Chie...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD3.32M) is above average for companies of similar size in the US market ($USD1.69M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
Experienced Management: UVE's management team is considered experienced (2.6 years average tenure).
Experienced Board: UVE's board of directors are considered experienced (7.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Universal Insurance Holdings, Inc.'s employee growth, exchange listings and data sources
- Name: Universal Insurance Holdings, Inc.
- Ticker: UVE
- Exchange: NYSE
- Founded: 1990
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: US$402.746m
- Shares outstanding: 31.27m
- Website: https://www.universalinsuranceholdings.com
Number of Employees
- Universal Insurance Holdings, Inc.
- 1110 West Commercial Boulevard
- Suite 100
- Fort Lauderdale
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 22:50|
|End of Day Share Price||2021/09/16 00:00|
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.