company background image
UVE logo

Universal Insurance Holdings NYSE:UVE Stock Report

Last Price

US$19.81

Market Cap

US$564.3m

7D

-0.9%

1Y

34.0%

Updated

01 Aug, 2024

Data

Company Financials +

Universal Insurance Holdings, Inc.

NYSE:UVE Stock Report

Market Cap: US$564.3m

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$19.81
52 Week HighUS$22.38
52 Week LowUS$11.16
Beta0.88
11 Month Change8.31%
3 Month Change0%
1 Year Change34.03%
33 Year Change41.40%
5 Year Change-29.25%
Change since IPO4.26%

Recent News & Updates

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

Recent updates

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

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

Shareholder Returns

UVEUS InsuranceUS Market
7D-0.9%3.8%2.1%
1Y34.0%28.2%20.5%

Return vs Industry: UVE exceeded the US Insurance industry which returned 28.2% over the past year.

Return vs Market: UVE exceeded 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 Movement4.1%
Insurance Industry Average Movement3.8%
Market Average Movement6.0%
10% most volatile stocks in US Market14.6%
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 (4%) 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$564.26m
Earnings (TTM)US$83.15m
Revenue (TTM)US$1.48b

6.8x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
UVE income statement (TTM)
RevenueUS$1.48b
Cost of RevenueUS$1.05b
Gross ProfitUS$437.16m
Other ExpensesUS$354.02m
EarningsUS$83.15m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.92
Gross Margin29.46%
Net Profit Margin5.60%
Debt/Equity Ratio25.8%

How did UVE perform over the long term?

See historical performance and comparison

Dividends

3.9%

Current Dividend Yield

22%

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 DateAug 02 2024
Dividend Pay DateAug 09 2024
Days until Ex dividend1 day
Days until Dividend pay date8 days

Does UVE pay a reliable dividends?

See UVE dividend history and benchmarks
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.