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Date | Price Target | Rating | Analyst |
---|---|---|---|
2/27/2023 | $11.00 → $19.00 | Neutral → Overweight | Piper Sandler |
Universal Insurance Holdings, Inc. (NYSE:UVE) ("Universal" or the "Company") announced today that its Board of Directors has declared a regular quarterly cash dividend of 16 cents per share of common stock and a special cash dividend of 13 cents per share of common stock, together totaling 29 cents per share of common stock, both payable on December 13, 2024 to shareholders of record as of the close of business on December 6, 2024. Today's announcement brings total dividends declared in 2024 to 77 cents per share of common stock. About Universal Universal Insurance Holdings, Inc. (NYSE:UVE) is a holding company providing property and casualty insurance and value-added insurance services.
Loss per common share of $0.57; adjusted* loss per common share of $0.73 Direct premiums written of $574.4 million, up 8.0% from the prior year quarter Book value per share of $14.15, up 37.0% year-over-year; adjusted book value per share of $15.76, up 12.6% year-over-year Total capital returned to shareholders of $9.1 million, including $4.4 million of share repurchases and a $0.16 per share regular dividend Universal Insurance Holdings (NYSE:UVE) ("Universal" or the "Company") reported third quarter 2024 results. *Reconciliations of GAAP to non-GAAP financial measures are provided in the attached tables. "Our hearts and thoughts go out to those impacted by recent disasters, inc
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/investors or by registering in advance via teleconference at https://register.vevent.com/register/BI790e26e2fbb842a28dbb61116474c3ae. Once registration is completed, participants will be provided with a dial-in number containing a personalized
Piper Sandler upgraded Universal Insurance from Neutral to Overweight and set a new price target of $19.00 from $11.00 previously
8-K - UNIVERSAL INSURANCE HOLDINGS, INC. (0000891166) (Filer)
10-Q - UNIVERSAL INSURANCE HOLDINGS, INC. (0000891166) (Filer)
8-K - UNIVERSAL INSURANCE HOLDINGS, INC. (0000891166) (Filer)
SC 13G - UNIVERSAL INSURANCE HOLDINGS, INC. (0000891166) (Subject)
SC 13G/A - UNIVERSAL INSURANCE HOLDINGS, INC. (0000891166) (Subject)
SC 13G - UNIVERSAL INSURANCE HOLDINGS, INC. (0000891166) (Subject)
Universal Insurance Holdings, Inc. (NYSE:UVE) ("Universal" or the "Company") announced today that its Board of Directors has declared a regular quarterly cash dividend of 16 cents per share of common stock and a special cash dividend of 13 cents per share of common stock, together totaling 29 cents per share of common stock, both payable on December 13, 2024 to shareholders of record as of the close of business on December 6, 2024. Today's announcement brings total dividends declared in 2024 to 77 cents per share of common stock. About Universal Universal Insurance Holdings, Inc. (NYSE:UVE) is a holding company providing property and casualty insurance and value-added insurance services.
Loss per common share of $0.57; adjusted* loss per common share of $0.73 Direct premiums written of $574.4 million, up 8.0% from the prior year quarter Book value per share of $14.15, up 37.0% year-over-year; adjusted book value per share of $15.76, up 12.6% year-over-year Total capital returned to shareholders of $9.1 million, including $4.4 million of share repurchases and a $0.16 per share regular dividend Universal Insurance Holdings (NYSE:UVE) ("Universal" or the "Company") reported third quarter 2024 results. *Reconciliations of GAAP to non-GAAP financial measures are provided in the attached tables. "Our hearts and thoughts go out to those impacted by recent disasters, inc
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/investors or by registering in advance via teleconference at https://register.vevent.com/register/BI790e26e2fbb842a28dbb61116474c3ae. Once registration is completed, participants will be provided with a dial-in number containing a personalized
4 - UNIVERSAL INSURANCE HOLDINGS, INC. (0000891166) (Issuer)
4 - UNIVERSAL INSURANCE HOLDINGS, INC. (0000891166) (Issuer)
4 - UNIVERSAL INSURANCE HOLDINGS, INC. (0000891166) (Issuer)
Universal Insurance Holdings, Inc. (NYSE:UVE) ("Universal" or the "Company"), announced today that William Degnan has been appointed Chief Claims Officer. Mr. Degnan was previously Executive Vice President, Claims of Alder Adjusting Corporation, Universal's wholly owned claims adjusting subsidiary. Mr. Degnan will continue to lead enterprise-wide claims processing and adjusting, overseeing over 300 professionals and multiple third-party relationships. "William has been instrumental to our claims department, helping to develop a first class organization that allows us to better serve our policyholders," said Steve Donaghy, Chief Executive Officer. "William has spearheaded multiple initiati
Universal Insurance Holdings, Inc. (NYSE:UVE) ("Universal" or the "Company"), announced today that Elizabeth Hansen has been appointed Chief Actuary. Ms. Hansen was previously Senior Vice President of Blue Atlantic Reinsurance Corporation, a wholly owned subsidiary of Universal. In her new role, Ms. Hansen will oversee pricing, reserving and co-lead risk monitoring enterprise-wide. "Elizabeth is a highly tenured actuarial and risk management professional with significant expertise in our business," said Steve Donaghy, Chief Executive Officer. "Under her leadership, I'm confident that our actuarial function will thrive and make our overall organization stronger." Ms. Hansen is a Fellow of
Arash Soleimani appointed to Chief Strategy Officer Rob Luther promoted to Chief Investment Officer Gary Ropiecki promoted to Principal Accounting Officer Universal Insurance Holdings (NYSE:UVE) ("Universal" or the "Company") announced today the appointment of Arash Soleimani as Chief Strategy Officer and promoted Rob Luther and Gary Ropiecki to Chief Investment Officer and Principal Accounting Officer, respectively. Mr. Soleimani will oversee the strategy and investor relations functions, while Mr. Luther will oversee the $1B+ investment portfolio and support M&A activities, and Mr. Ropiecki will oversee Universal's enterprise-wide accounting and reporting functions. "I'm very plea
Universal Insurance Hldgs (NYSE:UVE) reported quarterly earnings of $1.07 per share which beat the analyst consensus estimate of $1.04 by 2.88 percent. This is a 35.44 percent increase over earnings of $0.79 per share from the same period last year. The company reported quarterly sales of $367.959 million which beat the analyst consensus estimate of $336.086 million by 9.48 percent. This is a 16.26 percent increase over sales of $316.508 million the same period last year.
Piper Sandler analyst Paul Newsome maintains Universal Insurance Hldgs (NYSE:UVE) with a Overweight and maintains $25 price target.
According to Benzinga Pro following are the gainers and losers in Insurance industry for today's Intraday session. Gainers Marpai (NASDAQ:MRAI) shares increased by 8.84% to $2.46 during Wednesday's regular session. The current volume of 439.7K shares is 0% of Marpai's average full-day volume over the last 100 days (last updated at 13:40 EST). The market value of their outstanding shares is at $23.2 million. Abacus Life (NASDAQ:ABL) shares rose 8.52% to $12.1. The current volume of 11.5K shares is 0% of Abacus Life's average full-day volume over the last 100 days (last updated at 13:40 EST). The market value of their outstanding shares is at $715.8 million. Cheche Group (NASDAQ:CCG) stock