NYSE
UVE

Universal Insurance Holdings Inc

Insurance-Property & Casualty
Financial Services

Prices are adjusted according to historical splits.

Universal Insurance Holdings Inc Stock Price

Vitals

Today's Low:
$12.43
Today's High:
$12.91
Open Price:
$12.47
52W Low:
$8.0539
52W High:
$19.7351
Prev. Close:
$12.62
Volume:
513142

Company Statistics

Market Cap.:
$379.61 million
Book Value:
11.126
Revenue TTM:
$1.30 billion
Operating Margin TTM:
1.27%
Gross Profit TTM:
$284.26 million
Profit Margin:
0.43%
Return on Assets TTM:
0.39%
Return on Equity TTM:
1.59%

Company Profile

Universal Insurance Holdings Inc had its IPO on 1992-12-14 under the ticker symbol UVE.

The company operates in the Financial Services sector and Insurance-Property & Casualty industry. Universal Insurance Holdings Inc has a staff strength of 1,223 employees.

Stock update

Shares of Universal Insurance Holdings Inc opened at $12.47 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $12.43 - $12.91, and closed at $12.73.

This is a +0.87% increase from the previous day's closing price.

A total volume of 513,142 shares were traded at the close of the day’s session.

In the last one week, shares of Universal Insurance Holdings Inc have increased by 0%.

Universal Insurance Holdings Inc's Key Ratios

Universal Insurance Holdings Inc has a market cap of $379.61 million, indicating a price to book ratio of 1.3112 and a price to sales ratio of 0.2472.

In the last 12-months Universal Insurance Holdings Inc’s revenue was $1.30 billion with a gross profit of $284.26 million and an EBITDA of $23.76 million. The EBITDA ratio measures Universal Insurance Holdings Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Universal Insurance Holdings Inc’s operating margin was 1.27% while its return on assets stood at 0.39% with a return of equity of 1.59%.

In Q2, Universal Insurance Holdings Inc’s quarterly earnings growth was a positive 289.1% while revenue growth was a positive 16.3%.

Universal Insurance Holdings Inc’s PE and PEG Ratio

Forward PE
0
Trailing PE
63.1
PEG
0

Its diluted EPS in the last 12-months stands at $0.2 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Universal Insurance Holdings Inc’s profitability.

Universal Insurance Holdings Inc stock is trading at a EV to sales ratio of 0.1185 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.2472.

Universal Insurance Holdings Inc stock pays annual dividends of $0.64 per share, indicating a yield of 5.29% and a payout ratio of 5.55%.

Balance sheet and cash flow metrics

Total Assets
$2.92 billion
Total Liabilities
$607.55 million
Operating Cash Flow
$-15396000.00
Capital Expenditure
$1.17 million
Dividend Payout Ratio
5.55%

Universal Insurance Holdings Inc ended 2024 with $2.92 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.92 billion while shareholder equity stood at $334.67 million.

Universal Insurance Holdings Inc ended 2024 with $0 in deferred long-term liabilities, $607.55 million in other current liabilities, 473000.00 in common stock, $560.22 million in retained earnings and $2.32 million in goodwill. Its cash balance stood at $291.68 million and cash and short-term investments were $291.68 million. The company’s total short-term debt was $53,839,000 while long-term debt stood at $102.39 million.

Universal Insurance Holdings Inc’s total current assets stands at $961.59 million while long-term investments were $1.13 billion and short-term investments were $5.62 million. Its net receivables were $669.91 million compared to accounts payable of $607.55 million and inventory worth $0.

In 2024, Universal Insurance Holdings Inc's operating cash flow was $-15396000.00 while its capital expenditure stood at $1.17 million.

Comparatively, Universal Insurance Holdings Inc paid $0.06 in dividends in 2024.

Other key metrics

Current Trading Price
$12.73
52-Week High
$19.7351
52-Week Low
$8.0539
Analyst Target Price
$23

Universal Insurance Holdings Inc stock is currently trading at $12.73 per share. It touched a 52-week high of $19.7351 and a 52-week low of $19.7351. Analysts tracking the stock have a 12-month average target price of $23.

Its 50-day moving average was $14.15 and 200-day moving average was $14.4 The short ratio stood at 3.43 indicating a short percent outstanding of 0%.

Around 1010.3% of the company’s stock are held by insiders while 6871.5% are held by institutions.

Frequently Asked Questions About Universal Insurance Holdings Inc

The stock symbol (also called stock or share ticker) of Universal Insurance Holdings Inc is UVE

The IPO of Universal Insurance Holdings Inc took place on 1992-12-14

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About

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 carrier partners and utilization of digital applications for adjusting claims. It offers its products through a network of independent agents, as well as direct-to-consumer online solutions, including digital insurance agency. The company was formerly known as Universal Heights, Inc. and changed its name to Universal Insurance Holdings, Inc. in January 2001. Universal Insurance Holdings, Inc. was incorporated in 1990 and is headquartered in Fort Lauderdale, Florida.

Address

1110 West Commercial Boulevard, Fort Lauderdale, FL, United States, 33309