United Fire Group Stock Today
| UFCS Stock | USD 22.03 0.42 1.94% |
Performance0 of 100
| Odds Of DistressLess than 9
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United Fire is selling for under 22.03 as of the 19th of April 2024; that is 1.94 percent up since the beginning of the trading day. The stock's lowest day price was 21.72. United Fire has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for United Fire Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Insurance | IPO Date 26th of March 1990 | Category Financial Services | Classification Financials |
United Fire Group, Inc., together with its subsidiaries, provides property and casualty insurance for individuals and businesses in the United States. United Fire Group, Inc. was founded in 1946 and is headquartered in Cedar Rapids, Iowa. United Fire operates under InsuranceProperty Casualty classification in the United States and is traded on NASDAQ Exchange. The company has 25.29 M outstanding shares of which 124.62 K shares are at this time shorted by private and institutional investors with about 1.3 trading days to cover. More on United Fire Group
Moving against United Stock
| 0.54 | GBLI | Global Indemnity PLC Financial Report 8th of May 2024 | PairCorr |
| 0.41 | FRFHF | Fairfax Financial | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 13th of May 2024
United 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. United Fire's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding United Fire or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Randy Ramlo | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Insurance Providers (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Property & Casualty Insurance, Insurance - Property & Casualty, Financial Services, SP Small-Cap 600, NASDAQ Composite, NASDAQ Composite Total, Insurance Providers, Financials, Insurance, Insurance—Property & Casualty, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering United Fire report their recommendations after researching United Fire's financial statements, talking to executives and customers, or listening in on United Fire's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering United Fire Group. The United consensus assessment is calculated by taking the average forecast from all of the analysts covering United Fire. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from United Fire's historical financial statements, United Fire Group may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. Financial strength of United Fire Group is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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United Fire's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to United Fire'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 United Fire's financial leverage. It provides some insight into what part of United Fire's total assets is financed by creditors.
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United Fire Group (UFCS) is traded on NASDAQ Exchange in USA. It is located in 118 Second Avenue SE, Cedar Rapids, IA, United States, 52401 and employs 852 people. United Fire is listed under Property & Casualty Insurance category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 557.05 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate United Fire's market, we take the total number of its shares issued and multiply it by United Fire'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. United Fire Group conducts business under Insurance sector and is part of Financials industry. The entity has 25.29 M outstanding shares of which 124.62 K shares are at this time shorted by private and institutional investors with about 1.3 trading days to cover.
United Fire Group currently holds about 92.21 M in cash with 171.74 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.66.
Check United Fire Probability Of Bankruptcy
Ownership AllocationUnited Fire maintains a total of 25.29 Million outstanding shares. Over half of United Fire'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 United Fire Group. Please watch out for any change in the institutional holdings of United Fire as this could mean something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check United Ownership Details
United Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of United Fire jumping above the current price in 90 days from now is about 58.79%. The United Fire Group probability density function shows the probability of United Fire stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.1784. 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, United Fire will likely underperform. Additionally, united Fire Group has an alpha of 0.066, implying that it can generate a 0.066 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of United Fire to move above the current price in 90 days from now is about 58.79 (This United Fire Group probability density function shows the probability of United Stock to fall within a particular range of prices over 90 days) .
United Stock Institutional Holders
Institutional Holdings refers to the ownership stake in United Fire that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of United Fire'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 United Fire's value.| Instituion | Recorded On | Shares | |
| Amvescap Plc. | 2023-12-31 | 208.6 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 208.5 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 201.2 K | |
| Envestnet Asset Management Inc | 2023-12-31 | 175.9 K | |
| Wells Fargo & Co | 2023-12-31 | 160.9 K | |
| Foundry Partners, Llc | 2023-12-31 | 158.7 K | |
| Millennium Management Llc | 2023-12-31 | 154.1 K | |
| Jacobs Levy Equity Management, Inc. | 2023-09-30 | 125.5 K | |
| Royal Bank Of Canada | 2023-12-31 | 118.1 K | |
| Blackrock Inc | 2023-12-31 | 3.6 M | |
| Vanguard Group Inc | 2023-12-31 | 2.6 M |
United Fire Historical Income Statement
United Fire Group Income Statement is one of the three primary financial statements used for reporting United's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of United Fire Group revenue and expense. United Fire Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, United Fire's Operating Income is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 380.6 M in 2024, whereas Total Revenue is likely to drop slightly above 635.1 M in 2024. View More FundamentalsUnited Stock Against Markets
Picking the right benchmark for United Fire 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 United Fire 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 United Fire is critical whether you are bullish or bearish towards United Fire Group at a given time. Please also check how United Fire's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in United Fire without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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United Fire Corporate Directors
United Fire corporate directors refer to members of an United Fire board of directors. The board of directors generally takes responsibility for the United Fire'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 United Fire's board members must vote for the resolution. The United Fire board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Brenda Clancy | Independent Director | Profile | |
| Janice Martin | Treasurer and Director of Tax | Profile | |
| Susan Voss | Director | Profile | |
| Kyle Skogman | Independent Director | Profile |
How to buy United Stock?
Before investing in United Fire, 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 United Fire. To buy United Fire stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of United Fire. 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 United Fire stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located United Fire Group 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 United Fire Group 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 United Fire Group, 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 United Stock please use our How to Invest in United Fire guide.
Already Invested in United Fire Group?
The danger of trading United Fire Group 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 United Fire 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 United Fire. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile United Fire Group 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 United Fire Group is a strong investment it is important to analyze United Fire'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 United Fire's future performance. For an informed investment choice regarding United 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 United Fire Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the United Fire Group information on this page should be used as a complementary analysis to other United Fire's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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When running United Fire's price analysis, check to measure United Fire'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 United Fire is operating at the current time. Most of United Fire's value examination focuses on studying past and present price action to predict the probability of United Fire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Fire's price. Additionally, you may evaluate how the addition of United Fire to your portfolios can decrease your overall portfolio volatility.
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Is United Fire'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 United Fire. If investors know United 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 United Fire 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 (0.01) | Dividend Share 0.64 | Earnings Share (1.18) | Revenue Per Share 43.386 | Quarterly Revenue Growth 0.026 |
The market value of United Fire Group is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Fire's value that differs from its market value or its book value, called intrinsic value, which is United Fire'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 United Fire's market value can be influenced by many factors that don't directly affect United Fire'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 United Fire's value and its price as these two are different measures arrived at by different means. Investors typically determine if United Fire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Fire'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.