NYSE:UVE

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Universal Insurance Holdings

Executive Summary

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


Snowflake Analysis

Adequate balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has Universal Insurance Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: UVE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

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


Market Performance


7 Day Return

4.6%

UVE

1.7%

US Insurance

2.8%

US Market


1 Year Return

-49.8%

UVE

-5.4%

US Insurance

19.7%

US Market

Return vs Industry: UVE underperformed the US Insurance industry which returned -4.3% over the past year.

Return vs Market: UVE underperformed the US Market which returned 20.4% over the past year.


Shareholder returns

UVEIndustryMarket
7 Day4.6%1.7%2.8%
30 Day4.4%11.6%8.0%
90 Day-22.0%10.2%6.8%
1 Year-47.9%-49.8%-2.9%-5.4%22.4%19.7%
3 Year-41.0%-45.1%10.3%2.2%47.3%37.5%
5 Year-19.3%-29.4%48.9%30.2%93.6%72.3%

Long-Term Price Volatility Vs. Market

How volatile is Universal Insurance Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: UVE ($14.72) is trading below our estimate of fair value ($61.18)

Significantly Below Fair Value: UVE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: UVE is unprofitable, so we can't compare its PE Ratio to the US Insurance industry average.

PE vs Market: UVE is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: UVE's PB Ratio (1x) is in line with the US Insurance industry average.


Next Steps

Future Growth

How is Universal Insurance Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

66.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UVE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: UVE is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: UVE's is expected to become profitable in the next 3 years.

Revenue vs Market: UVE's revenue (8.3% per year) is forecast to grow slower than the US market (10.2% per year).

High Growth Revenue: UVE's revenue (8.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: UVE's Return on Equity is forecast to be low in 3 years time (15.8%).


Next Steps

Past Performance

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

-16.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UVE is currently unprofitable.

Growing Profit Margin: UVE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: UVE is unprofitable, and losses have increased over the past 5 years at a rate of 16.5% per year.

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

Earnings vs Industry: UVE is unprofitable, making it difficult to compare its past year earnings growth to the Insurance industry (5.9%).


Return on Equity

High ROE: UVE has a negative Return on Equity (-3.01%), as it is currently unprofitable.


Next Steps

Financial Health

How is Universal Insurance Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: UVE's short term assets ($961.2M) do not cover its short term liabilities ($1.4B).

Long Term Liabilities: UVE's short term assets ($961.2M) exceed its long term liabilities ($157.7M).


Debt to Equity History and Analysis

Debt Level: UVE's debt to equity ratio (1.9%) is considered satisfactory.

Reducing Debt: UVE's debt to equity ratio has reduced from 9.9% to 1.9% over the past 5 years.

Debt Coverage: UVE's debt is well covered by operating cash flow (2284.4%).

Interest Coverage: Insufficient data to determine if UVE's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

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

5.23%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: UVE's dividend (5.23%) is higher than the bottom 25% of dividend payers in the US market (1.46%).

High Dividend: UVE's dividend (5.23%) is in the top 25% of dividend payers in the US market (4.05%)


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: UVE is paying a dividend but the company is unprofitable.


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.


Next Steps

Management

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

3.5yrs

Average management tenure


CEO

Steve Donaghy (55 yo)

1.33yrs

Tenure

US$2,841,894

Compensation

Mr. Stephen Joseph Donaghy, also known as Steve, has been Chief Executive Officer of Universal Insurance Holdings, Inc. since July 15, 2019 and its Director since February 26, 2020. Mr. Donaghy was Chief O...


CEO Compensation Analysis

Compensation vs Market: Steve's total compensation ($USD2.84M) is above average for companies of similar size in the US market ($USD1.79M).

Compensation vs Earnings: Steve's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Sean Downes
Executive Chairman7.25yrsUS$5.41m4.79%
$ 22.1m
Stephen Donaghy
CEO & Director1.33yrsUS$2.84m1.85%
$ 8.5m
Jon Springer
President7.75yrsUS$2.78m1.64%
$ 7.6m
Frank Wilcox
CFO & Principal Accounting Officer7.08yrsUS$1.11m0.34%
$ 1.6m
Kimberly Campos
Chief Information Officer3.83yrsUS$414.59k0.010%
$ 45.9k
Michael Poloskey
Chief Operating Officer0.25yrno datano data
Rob Luther
Vice President of Corporate Developmentno datano datano data
Darryl Lewis
Chief Legal Officer2.25yrsUS$58.33kno data
Gary Ropiecki
Secretaryno datano datano data
James Lynch
Director of Financial Analysis10.08yrsUS$909.57kno data

3.5yrs

Average Tenure

52yo

Average Age

Experienced Management: UVE's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sean Downes
Executive Chairman7.25yrsUS$5.41m4.79%
$ 22.1m
Stephen Donaghy
CEO & Director1.33yrsUS$2.84m1.85%
$ 8.5m
Jon Springer
President7.75yrsUS$2.78m1.64%
$ 7.6m
Kimberly Campos
Chief Information Officer3.83yrsUS$414.59k0.010%
$ 45.9k
Michael Pietrangelo
Lead Independent Director6.83yrsUS$298.04k0.30%
$ 1.4m
Joel Wilentz
Independent Director23.67yrsUS$283.04k0.78%
$ 3.6m
Scott Callahan
Independent Director7.42yrsUS$298.04k0.027%
$ 125.6k
Ozzie Schindler
Independent Director13.83yrsUS$298.04k0.10%
$ 464.0k
Ralph Palmieri
Independent Director6.42yrsUS$298.04k0.025%
$ 116.3k
Richard Peterson
Independent Director6.42yrsUS$298.04k0.032%
$ 149.8k
Marlene Gordon
Independent Director0.42yrno datano data

6.8yrs

Average Tenure

53yo

Average Age

Experienced Board: UVE's board of directors are considered experienced (6.8 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: UVE 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.


Top Shareholders

Company Information

Universal Insurance Holdings, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Universal Insurance Holdings, Inc.
  • Ticker: UVE
  • Exchange: NYSE
  • Founded: 1990
  • Industry: Property and Casualty Insurance
  • Sector: Insurance
  • Market Cap: US$461.238m
  • Shares outstanding: 31.33m
  • Website: https://www.universalinsuranceholdings.com

Number of Employees


Location

  • Universal Insurance Holdings, Inc.
  • 1110 West Commercial Boulevard
  • Suite 100
  • Fort Lauderdale
  • Florida
  • 33309
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UVENYSE (New York Stock Exchange)YesCommon StockUSUSDDec 1992
5UIDB (Deutsche Boerse AG)YesCommon StockDEEURDec 1992

Biography

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 produc...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 00:45
End of Day Share Price2020/11/25 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.