Sidoti upgraded United Fire Group from Neutral to Buy and set a new price target of $38.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/18/2024 | $19.00 → $26.00 | Underweight → Neutral | Piper Sandler |
| 2/13/2023 | $30.00 → $25.00 | Neutral → Underweight | Piper Sandler |
| 10/28/2022 | $37.00 → $31.00 | Overweight → Neutral | Piper Sandler |
| 8/5/2022 | $37.00 | Neutral → Overweight | Piper Sandler |
| 6/27/2022 | $37.00 | Overweight → Neutral | Piper Sandler |
| 12/1/2021 | $22.00 → $25.00 | Neutral → Overweight | Piper Sandler |
| 6/28/2021 | $38.00 | Neutral → Buy | Sidoti |
CEDAR RAPIDS, Iowa, May 21, 2025 (GLOBE NEWSWIRE) -- Today, the board of directors of United Fire Group, Inc. (UFG) (NASDAQ:UFCS) declared a common stock quarterly cash dividend of $0.16 per share. This dividend will be payable June 20, 2025, to shareholders of record as of June 6, 2025. UFG has a long history of paying quarterly dividends, with the quarterly cash dividend declared today marking the 229th consecutive quarterly dividend paid, dating back to March 1968. About UFG Founded in 1946 as United Fire & Casualty Company, UFG, through its insurance company subsidiaries, is engaged in the business of writing property and casualty insurance. The company is licensed as a property and
Director elections to the board of directors announced Director elections to the board of directors CEDAR RAPIDS, Iowa, May 21, 2025 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (UFG) (NASDAQ:UFCS) announced today that its shareholders elected three Class B directors to its 11-member board of directors at the 2025 annual meeting of shareholders held on May 21, 2025. The following individuals were each elected as Class B directors to serve three-year terms expiring in 2028: John-Paul Besong, retired chief information officer executive.Matthew R. Foran, co-founder and president of Stoic Lane, Inc.James W. Noyce, retired insurance and financial services executive. In other official busine
First quarter net income of $0.67 per diluted share and adjusted operating income of $0.70 per diluted share First quarter 2025 highlights compared to first quarter 2024, unless otherwise noted:(1) Net income increased 31% to $17.7 million.Net investment income increased 44% to $23.5 million.Combined ratio increased 0.5 points to 99.4%; composed of an underlying loss ratio of 56.5%, catastrophe loss ratio of 5.0%, no prior year reserve development, and underwriting expense ratio of 37.9%.Underlying combined ratio increased 0.1 points to 94.4%.Net written premium(2) increased 4% to $335.4 million.Book value per share increased $1.33 to $32.13 as of March 31, 2025, compared to December 31, 2