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Last $24.08 USD
Change Today +0.18 / 0.75%
Volume 487.1K
UVE On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

universal insurance holdings (UVE) Snapshot

Open
$23.82
Previous Close
$23.90
Day High
$24.45
Day Low
$23.32
52 Week High
08/5/15 - $31.55
52 Week Low
09/25/14 - $12.16
Market Cap
860.2M
Average Volume 10 Days
567.3K
EPS TTM
$2.49
Shares Outstanding
35.7M
EX-Date
06/16/15
P/E TM
9.7x
Dividend
$0.48
Dividend Yield
2.45%
Current Stock Chart for UNIVERSAL INSURANCE HOLDINGS (UVE)

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universal insurance holdings (UVE) Details

Universal Insurance Holdings, Inc., through its subsidiaries, provides various property and casualty insurance products. The company primarily underwrites homeowners’ insurance products; and offers reinsurance intermediary brokerage services. It offers its products through a network of independent agents in Delaware, Florida, Georgia, Hawaii, Indiana, Maryland, Massachusetts, North Carolina, Pennsylvania, and South Carolina, the United States. 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 founded in 1990 and is headquartered in Fort Lauderdale, Florida.

335 Employees
Last Reported Date: 02/25/15
Founded in 1990

universal insurance holdings (UVE) Top Compensated Officers

Chairman of The Board, Chief Executive Office...
Total Annual Compensation: $2.2M
Chief Financial Officer and Principal Account...
Total Annual Compensation: $500.0K
Chief Operating Officer, Executive Vice Presi...
Total Annual Compensation: $1.3M
Chief Marketing Officer and Secretary
Total Annual Compensation: $802.3K
Compensation as of Fiscal Year 2014.

universal insurance holdings (UVE) Key Developments

Universal Insurance Holdings Inc. Reports Unaudited Consolidated Earnings Results for the Three Months and Six Months Ended June 30, 2015

Universal Insurance Holdings Inc. reported unaudited consolidated earnings results for the three months and six months ended June 30, 2015. For the quarter, the company reported net premiums written of $242,038,000 against $143,526,000 a year ago. Income before income taxes was $41,220,000 against $30,409,000 a year ago. Net income was $24,704,000 against $17,126,000 a year ago. Fully diluted earnings per common share were $0.69 against $0.49 per share a year ago. The increase in direct earned premiums is due primarily to an increase in the number of policies in force. Net investment income increased by $795,000 or 193% for the second quarter of 2015 to $1.2 million. This reflects an increase in the investments and actions taken to rebalance the portfolio to increase yield. For the six months, the company reported net premiums written of $347,146,000 against $213,794,000 a year ago. Income before income taxes was $79,243,000 against $53,526,000 a year ago. Net income was $47,034,000 against $30,675,000 a year ago. Fully diluted earnings per common share were $1.31 against $0.87 per share a year ago. The increase in net earned premiums, net investment income and policy fees, which were partially offset by decreases in commission revenue, net realized gains on investments and other revenues and increases in operating expenses.

Universal Insurance Holdings Inc. to Report Q2, 2015 Results on Aug 04, 2015

Universal Insurance Holdings Inc. announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on Aug 04, 2015

Universal Insurance Holdings Inc., Q2 2015 Earnings Call, Aug 04, 2015

Universal Insurance Holdings Inc., Q2 2015 Earnings Call, Aug 04, 2015

 

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Company Lookup
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UVE:US $24.08 USD +0.18

UVE Competitors

Market data is delayed at least 15 minutes.

Company Last Change
EMC Insurance Group Inc $23.20 USD +0.25
Horace Mann Educators Corp $33.27 USD +0.08
Selective Insurance Group Inc $29.87 USD -0.06
State Auto Financial Corp $22.98 USD -0.08
United Fire Group Inc $33.23 USD -0.28
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Industry Analysis

UVE

Industry Average

Valuation UVE Industry Range
Price/Earnings 9.5x
Price/Sales 1.9x
Price/Book 3.3x
Price/Cash Flow 9.6x
TEV/Sales 1.2x
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