Universal Insurance Holdings, Inc. (UVE) Q1 2025 Earnings Call Transcript |
Universal Insurance Holdings, Inc. (NYSE:UVE ) Q1 2025 Earnings Conference Call April 25, 2025 10:00 AM ET Company Participants Arash Soleimani - CSO Steve Donaghy - CEO Frank Wilcox - CFO Conference Call Participants Paul Newsome - Piper Sandler Nicolas Iacoviello - Dowling & Partners Securities Operator Good morning, ladies and gentlemen, and welcome to Universal's First Quarter 2025 Earnings Conference Call. As a reminder, this conference call is being recorded. |
seekingalpha.com |
2025-04-25 17:36:22 |
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Universal Insurance Holdings (UVE) Q1 Earnings and Revenues Surpass Estimates |
Universal Insurance Holdings (UVE) came out with quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $1.07 per share a year ago. |
zacks.com |
2025-04-24 22:40:42 |
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Universal Reports First Quarter 2025 Results |
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Reports First Quarter 2025 Results. |
businesswire.com |
2025-04-24 20:10:00 |
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Universal Declares Regular Cash Dividend & Announces Earnings Dates |
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Declares Regular Cash Dividend & Announces Earnings Dates. |
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2025-04-14 20:10:00 |
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Universal Insurance Holdings Company Announces Successful Conclusion of Claim Data Review |
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings Company Announces Successful Conclusion of Claim Data Review. |
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2025-04-01 21:50:00 |
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Universal Insurance Holdings, Inc. (UVE) Q4 2024 Earnings Call Transcript |
Universal Insurance Holdings, Inc. (NYSE:UVE ) Q4 2024 Earnings Conference Call February 26, 2025 10:00 AM ET Company Participants Arash Soleimani - CSO Steve Donaghy - CEO Frank Wilcox - CFO Conference Call Participants Paul Newsome - Piper Sandler Operator Good morning, ladies and gentlemen, and welcome to the Universal's Fourth Quarter 2024 Earnings Conference Call. As a reminder, this conference is being recorded. |
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2025-02-26 15:04:27 |
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Universal Insurance Holdings (UVE) Surpasses Q4 Earnings and Revenue Estimates |
Universal Insurance Holdings (UVE) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.43 per share a year ago. |
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2025-02-25 21:10:23 |
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Universal Reports Fourth Quarter 2024 Results |
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Reports Fourth Quarter 2024 Results. |
businesswire.com |
2025-02-25 18:10:00 |
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Universal Declares Regular Cash Dividend |
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings, Inc. (NYSE: UVE) (“Universal” or the “Company”) announced today that its Board of Directors has declared a quarterly cash dividend of 16 cents per share of common stock, payable March 14, 2025 to shareholders of record as of the close of business on March 7, 2025. About Universal Universal Insurance Holdings, Inc. (NYSE: UVE) is a holding company providing property and casualty insurance and value-added insurance services. We. |
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2025-02-06 18:10:00 |
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Are Investors Undervaluing Universal Insurance Holdings (UVE) Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
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2024-12-23 12:46:34 |
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Universal Insurance Holdings, Inc. (UVE) Q3 2024 Earnings Call Transcript |
Universal Insurance Holdings, Inc. (NYSE:UVE ) Q3 2024 Earnings Conference Call October 25, 2024 10:00 AM ET Company Participants Arash Soleimani - Chief Strategy Officer Stephen Donaghy - CEO Frank Wilcox - CFO Conference Call Participants Paul Newsome - Piper Sandler Nick Iacoviello - Dowling & Partners Operator Good morning, ladies and gentlemen, and welcome to Universal's Third Quarter 2024 Earnings Conference Call. As a reminder, this conference call is being recorded. |
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2024-10-25 16:14:05 |
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Universal Insurance Holdings (UVE) Reports Q3 Loss, Tops Revenue Estimates |
Universal Insurance Holdings (UVE) came out with a quarterly loss of $0.73 per share versus the Zacks Consensus Estimate of a loss of $1.03. This compares to loss of $0.16 per share a year ago. |
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2024-10-24 22:40:32 |
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Universal Announces Third Quarter 2024 Earnings Release and Conference Call Dates |
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings, Inc. (NYSE: UVE) (“Universal” or the “Company”) will issue a press release reporting its third quarter 2024 results after the market closes on Thursday, October 24, 2024. The company will host a conference call on Friday, October 25, 2024, at 10:00 a.m. ET to discuss financial results. Investors and other interested parties may listen to the call by accessing the online, real-time webcast at universalinsuranceholdings.com/inv. |
businesswire.com |
2024-10-14 20:10:00 |
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Universal Insurance Holdings, Inc. (UVE) Q2 2024 Earnings Call Transcript |
Universal Insurance Holdings, Inc. (NYSE:UVE ) Q2 2024 Earnings Conference Call July 26, 2024 10:00 AM ET Company Participants Arash Soleimani - Chief Strategy Officer Stephen Donaghy - CEO Frank Wilcox - CFO Conference Call Participants Paul Newsome - Piper Sandler Operator Good morning, ladies and gentlemen, and welcome to Universal Second Quarter 2024 Earnings Conference Call. As a reminder, this conference call is being recorded. |
seekingalpha.com |
2024-07-26 16:27:11 |
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Universal Insurance Holdings (UVE) Beats Q2 Earnings and Revenue Estimates |
Universal Insurance Holdings (UVE) came out with quarterly earnings of $1.18 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $0.87 per share a year ago. |
zacks.com |
2024-07-25 23:00:50 |
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Universal's Insurance Subsidiaries Complete 2024-2025 Reinsurance Program |
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal's Insurance Subsidiaries Complete 2024-2025 Reinsurance Program. |
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2024-05-30 20:10:00 |
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Beacon Pointe Advisors LLC Purchases Shares of 118,961 Universal Insurance Holdings, Inc. (NYSE:UVE) |
Beacon Pointe Advisors LLC acquired a new position in Universal Insurance Holdings, Inc. (NYSE:UVE – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 118,961 shares of the insurance provider’s stock, valued at approximately $1,901,000. Beacon Pointe Advisors LLC owned approximately 0.41% of Universal Insurance as of its most recent SEC filing. Other hedge funds have also made changes to their positions in the company. AJOVista LLC purchased a new position in shares of Universal Insurance in the fourth quarter valued at $25,000. Versor Investments LP acquired a new stake in shares of Universal Insurance during the third quarter valued at about $140,000. Tompkins Financial Corp purchased a new stake in shares of Universal Insurance during the third quarter worth about $153,000. Laurion Capital Management LP acquired a new position in shares of Universal Insurance in the third quarter worth about $154,000. Finally, Olympiad Research LP purchased a new position in Universal Insurance in the third quarter valued at about $174,000. Hedge funds and other institutional investors own 66.61% of the company’s stock. Universal Insurance Stock Up 0.2 % Universal Insurance stock opened at $20.58 on Monday. The company’s 50-day moving average price is $19.80 and its two-hundred day moving average price is $17.96. The stock has a market cap of $592.70 million, a price-to-earnings ratio of 8.07 and a beta of 0.84. Universal Insurance Holdings, Inc. has a 52 week low of $11.15 and a 52 week high of $22.38. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.28. Universal Insurance (NYSE:UVE – Get Free Report) last announced its earnings results on Thursday, April 25th. The insurance provider reported $1.07 EPS for the quarter, topping the consensus estimate of $1.04 by $0.03. The firm had revenue of $367.96 million for the quarter, compared to analysts’ expectations of $336.09 million. Universal Insurance had a return on equity of 19.67% and a net margin of 5.29%. On average, analysts expect that Universal Insurance Holdings, Inc. will post 2.3 EPS for the current fiscal year. Universal Insurance Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Friday, May 17th. Stockholders of record on Friday, May 10th were given a $0.16 dividend. The ex-dividend date was Thursday, May 9th. This represents a $0.64 annualized dividend and a dividend yield of 3.11%. Universal Insurance’s dividend payout ratio (DPR) is presently 25.10%. Wall Street Analyst Weigh In A number of equities analysts have issued reports on UVE shares. Piper Sandler reaffirmed an “overweight” rating and issued a $25.00 target price on shares of Universal Insurance in a research report on Monday, April 1st. TheStreet raised shares of Universal Insurance from a “c+” rating to a “b” rating in a report on Monday, February 26th. Finally, StockNews.com raised shares of Universal Insurance from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 4th. Check Out Our Latest Report on Universal Insurance Insider Activity In related news, Chairman Sean P. Downes sold 20,000 shares of Universal Insurance stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $19.53, for a total transaction of $390,600.00. Following the completion of the sale, the chairman now owns 1,191,390 shares of the company’s stock, valued at $23,267,846.70. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, Chairman Sean P. Downes sold 20,000 shares of the company’s stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $19.53, for a total transaction of $390,600.00. Following the completion of the transaction, the chairman now directly owns 1,191,390 shares in the company, valued at $23,267,846.70. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Michael Pietrangelo sold 12,351 shares of the business’s stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $20.43, for a total value of $252,330.93. Following the transaction, the director now owns 80,074 shares in the company, valued at $1,635,911.82. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 52,351 shares of company stock worth $1,037,331. 17.50% of the stock is owned by corporate insiders. About Universal Insurance (Free Report) 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. See Also Five stocks we like better than Universal Insurance Biggest Stock Losers – Today’s Biggest Percentage Decliners Canada Goose Flies Higher Driven By DTC Growth Manufacturing Stocks Investing CVS Health Stock Has a Silver Lining Called Value How to Evaluate a Stock Before Buying Magnificent 7 Still Magnificent as the Halfway Mark Approaches? Want to see what other hedge funds are holding UVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Universal Insurance Holdings, Inc. (NYSE:UVE – Free Report). |
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2024-05-20 11:16:44 |
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4 Stocks to Sell Before El Nino Batters Your Portfolio |
Wildfires are raging in Western Canada right now. This is a huge reminder that weather has become much more unpredictable due to climate change. |
investorplace.com |
2024-05-17 13:29:00 |
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Why Universal Insurance Holdings Stock Got Socked Today |
The insurer topped the average analyst estimate for first-quarter profitability. However, it missed badly on revenue. |
fool.com |
2024-04-26 22:54:21 |
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Universal Reports First Quarter 2024 Results |
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Reports First Quarter 2024 Results. |
businesswire.com |
2024-04-25 20:10:00 |
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Universal Declares Regular Cash Dividend & Announces Earnings Dates |
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings, Inc. (NYSE: UVE) (“Universal” or the “Company”) announced today that its Board of Directors has declared a quarterly cash dividend of 16 cents per share of common stock, payable May 17, 2024 to shareholders of record as of the close of business on May 10, 2024. Universal will issue a press release reporting its first quarter 2024 results after the market closes on Thursday, April 25, 2024. The company will host a conference c. |
businesswire.com |
2024-04-10 20:10:00 |
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Universal Insurance (UVE) Moves 6.6% Higher: Will This Strength Last? |
Universal Insurance (UVE) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road. |
zacks.com |
2024-03-13 12:31:14 |
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Why Universal Insurance Holdings Stock Popped Today |
Universal Insurance jumped after announcing a new $20 million share repurchase program. Shares are up nearly 30% over the past month after the company posted a surprise profit with its fourth-quarter update. |
fool.com |
2024-03-12 21:15:55 |
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Why Universal Insurance Holdings Stock Soared by 22% on Friday |
The insurer published a fresh set of quarterly results after market hours Thursday. It had a mixed quarter, but its bottom-line beat was crushing. |
fool.com |
2024-02-23 20:53:54 |
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Universal Insurance Holdings, Inc. (UVE) Q4 2023 Earnings Call Transcript |
Universal Insurance Holdings, Inc. (UVE) Q4 2023 Earnings Call Transcript |
seekingalpha.com |
2024-02-23 13:33:04 |
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Universal Insurance Holdings (UVE) Q4 Earnings and Revenues Top Estimates |
Universal Insurance Holdings (UVE) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.72 per share a year ago. |
zacks.com |
2024-02-22 21:40:20 |
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Universal Reports Fourth Quarter 2023 Results |
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Reports Fourth Quarter 2023 Results. |
businesswire.com |
2024-02-22 18:10:00 |
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The 3 Best Insurance Stocks to Buy Now: January 2024 |
Looking for the best insurance stocks to buy in January 2024? Some say that “risk happens slowly, then all at once. |
investorplace.com |
2024-02-01 06:03:13 |
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Universal Insurance: A 4% Dividend Yield Gem With Revenue Growth, For Under $20 |
Universal Insurance Holdings rated Buy today, agreeing with the bullish consensus from SA analysts and Wall Street. The bullish thesis is driven by nearly 4% dividend yield, 10-year dividend growth, expected future insurance customer growth, and earnings improvement, despite a net loss. Equity growth is healthy and their cash position too, while the share price is trading only just 7% above its moving average. |
seekingalpha.com |
2024-01-20 08:00:42 |
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