Universal Insurance Holdings Stock Today
| UVE Stock | USD 19.83 0.21 1.07% |
Performance7 of 100
| Odds Of DistressLess than 3
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Universal Insurance is trading at 19.83 as of the 23rd of April 2024, a 1.07 percent increase since the beginning of the trading day. The stock's lowest day price was 19.63. Universal Insurance has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Universal Insurance Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of October 2022 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Insurance | IPO Date 14th of December 1992 | Category Financial Services | Classification Financials |
Universal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States. Universal Insurance Holdings, Inc. was incorporated in 1990 and is headquartered in Fort Lauderdale, Florida. The company has 28.97 M outstanding shares of which 326.98 K shares are at this time shorted by investors with about 1.61 days to cover. More on Universal Insurance Holdings
Moving together with Universal Stock
| 0.79 | L | Loews Corp Earnings Call This Week | PairCorr |
| 0.71 | CB | Chubb Earnings Call Tomorrow | PairCorr |
| 0.87 | AFG | American Financial Financial Report 7th of May 2024 | PairCorr |
Moving against Universal Stock
| 0.65 | FACO | First Acceptance Corp Earnings Call This Week | PairCorr |
| 0.55 | PRA | ProAssurance Financial Report 14th of May 2024 | PairCorr |
Universal Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Universal Insurance's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Universal Insurance or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Sean Downes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Property & Casualty Insurance, Insurance - Property & Casualty, Financial Services, NYSE Composite, Financials, Insurance, Insurance—Property & Casualty, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Universal Insurance report their recommendations after researching Universal Insurance's financial statements, talking to executives and customers, or listening in on Universal Insurance's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Universal Insurance. The Universal consensus assessment is calculated by taking the average forecast from all of the analysts covering Universal Insurance. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Universal Insurance's historical financial statements, Universal Insurance Holdings is doing better financially then in previous quarter. It has a moderate chance of reporting better financial numbers in May. Financial strength of Universal Insurance is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Universal Insurance's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Universal Insurance's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Universal Insurance's financial leverage. It provides some insight into what part of Universal Insurance's total assets is financed by creditors.
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Universal Insurance Holdings (UVE) is traded on New York Stock Exchange in USA. It is located in 1110 West Commercial Boulevard, Fort Lauderdale, FL, United States, 33309 and employs 1,244 people. Universal Insurance is listed under Property & Casualty Insurance category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 574.39 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Universal Insurance's market, we take the total number of its shares issued and multiply it by Universal Insurance's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Universal Insurance runs under Insurance sector within Financials industry. The entity has 28.97 M outstanding shares of which 326.98 K shares are at this time shorted by investors with about 1.61 days to cover.
Universal Insurance Holdings has about 388.71 M in cash with 70.97 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.08.
Check Universal Insurance Probability Of Bankruptcy
Ownership AllocationUniversal Insurance maintains a total of 28.97 Million outstanding shares. Over half of Universal Insurance's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Universal Insurance. Please watch out for any change in the institutional holdings of Universal Insurance as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Universal Ownership Details
Universal Stock Price Odds Analysis
What are Universal Insurance's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Universal Insurance jumping above the current price in 90 days from now is about 19.85%. The Universal Insurance Holdings probability density function shows the probability of Universal Insurance stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.3163. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Universal Insurance will likely underperform. Additionally, universal Insurance Holdings has an alpha of 0.2203, implying that it can generate a 0.22 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Universal Insurance to move above the current price in 90 days from now is about 19.85 (This Universal Insurance Holdings probability density function shows the probability of Universal Stock to fall within a particular range of prices over 90 days) .
Universal Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Universal Insurance that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Universal Insurance's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Universal Insurance's value.| Instituion | Recorded On | Shares | |
| Jacobs Levy Equity Management, Inc. | 2023-09-30 | 433.7 K | |
| Arrowmark Colorado Holdings, Llc (arrowmark Partners) | 2023-12-31 | 415 K | |
| Sumitomo Mitsui Ds Asset Management Company, Limited | 2023-12-31 | 399.7 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 377.9 K | |
| Two Sigma Investments Llc | 2023-12-31 | 353.1 K | |
| Acadian Asset Management Llc | 2023-12-31 | 316.7 K | |
| Citadel Advisors Llc | 2023-09-30 | 315.6 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 295.3 K | |
| Lsv Asset Management | 2023-12-31 | 294 K | |
| Blackrock Inc | 2023-12-31 | 2.1 M | |
| Donald Smith & Co Inc | 2023-12-31 | 1.7 M |
Universal Insurance Historical Income Statement
Universal Insurance Holdings Income Statement is one of the three primary financial statements used for reporting Universal's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Universal Insurance revenue and expense. Universal Insurance Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Universal Insurance's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 1.5 B, whereas EBIT is projected to grow to (0.95). View More FundamentalsUniversal Stock Against Markets
Picking the right benchmark for Universal Insurance stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Universal Insurance stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Universal Insurance is critical whether you are bullish or bearish towards Universal Insurance Holdings at a given time. Please also check how Universal Insurance's historical prices are related to one of the top price index indicators.
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Universal Insurance Corporate Directors
Universal Insurance corporate directors refer to members of an Universal Insurance board of directors. The board of directors generally takes responsibility for the Universal Insurance's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Universal Insurance's board members must vote for the resolution. The Universal Insurance board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Ozzie Schindler | Independent Director | Profile | |
| Richard Peterson | Independent Director | Profile | |
| Michael Pietrangelo | Lead Independent Director | Profile | |
| Jon Springer | COO, Executive VP, Director and Member of Investment Committee | Profile |
How to buy Universal Stock?
Before investing in Universal Insurance, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Universal Insurance. To buy Universal Insurance stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Universal Insurance. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Universal Insurance stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Universal Insurance Holdings stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Universal Insurance Holdings stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Universal Insurance Holdings, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Universal Stock please use our How to Invest in Universal Insurance guide.
Already Invested in Universal Insurance Holdings?
The danger of trading Universal Insurance Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Universal Insurance is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Universal Insurance. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Universal Insurance is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Universal Insurance is a strong investment it is important to analyze Universal Insurance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Universal Insurance's future performance. For an informed investment choice regarding Universal Stock, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Insurance Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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When running Universal Insurance's price analysis, check to measure Universal Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Universal Insurance is operating at the current time. Most of Universal Insurance's value examination focuses on studying past and present price action to predict the probability of Universal Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Insurance's price. Additionally, you may evaluate how the addition of Universal Insurance to your portfolios can decrease your overall portfolio volatility.
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Is Universal Insurance's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Universal Insurance. If investors know Universal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Universal Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.17) | Dividend Share 0.64 | Earnings Share 2.22 | Revenue Per Share 46.652 | Quarterly Revenue Growth 0.137 |
The market value of Universal Insurance is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal Insurance's value that differs from its market value or its book value, called intrinsic value, which is Universal Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Universal Insurance's market value can be influenced by many factors that don't directly affect Universal Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Universal Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.