Universal Insurance (NYSE:UVE – Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data after the market closes on Thursday, July 24th. Analysts expect the company to announce earnings of $1.09 per share and revenue of $359.98 million for the quarter.
Universal Insurance (NYSE:UVE – Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The insurance provider reported $1.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.12 by $0.32. The firm had revenue of $394.87 million for the quarter, compared to the consensus estimate of $354.97 million. Universal Insurance had a net margin of 4.31% and a return on equity of 15.73%. On average, analysts expect Universal Insurance to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Universal Insurance Trading Up 3.0%
Shares of Universal Insurance stock opened at $24.88 on Thursday. The company has a market capitalization of $700.26 million, a price-to-earnings ratio of 10.86 and a beta of 0.86. The company has a quick ratio of 0.50, a current ratio of 0.50 and a debt-to-equity ratio of 0.24. Universal Insurance has a 12-month low of $16.50 and a 12-month high of $28.49. The firm’s 50-day moving average price is $26.34 and its two-hundred day moving average price is $23.13.
Universal Insurance Announces Dividend
Insider Transactions at Universal Insurance
In other news, Director Jon Springer sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $27.06, for a total value of $811,800.00. Following the sale, the director directly owned 301,835 shares in the company, valued at approximately $8,167,655.10. This trade represents a 9.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Chairman Sean P. Downes sold 25,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 12th. The shares were sold at an average price of $26.91, for a total transaction of $672,750.00. Following the completion of the sale, the chairman owned 926,667 shares in the company, valued at approximately $24,936,608.97. The trade was a 2.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 101,393 shares of company stock worth $2,687,275 over the last quarter. Corporate insiders own 16.60% of the company’s stock.
Institutional Investors Weigh In On Universal Insurance
Hedge funds have recently made changes to their positions in the stock. Strs Ohio acquired a new stake in Universal Insurance during the 1st quarter worth approximately $180,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Universal Insurance by 4.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,976 shares of the insurance provider’s stock worth $331,000 after buying an additional 630 shares during the period. Jane Street Group LLC boosted its position in Universal Insurance by 73.1% during the 1st quarter. Jane Street Group LLC now owns 81,829 shares of the insurance provider’s stock worth $1,939,000 after buying an additional 34,556 shares during the period. Millennium Management LLC boosted its position in Universal Insurance by 171.5% during the 1st quarter. Millennium Management LLC now owns 343,786 shares of the insurance provider’s stock worth $8,148,000 after buying an additional 217,184 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in Universal Insurance by 9.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 805,199 shares of the insurance provider’s stock worth $19,083,000 after buying an additional 69,289 shares during the period. 66.61% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen upgraded shares of Universal Insurance from a “buy” rating to a “strong-buy” rating in a research note on Monday, April 28th.
View Our Latest Analysis on Universal Insurance
Universal Insurance Company Profile
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.
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