UFCS - United Fire Group Inc Stock Price, Fair Value and News

23.50USD-0.08 (-0.34%)Market Closed

Market Summary

USD23.50-0.08

Market Closed

-0.34%

UFCS Alerts

Big jump in Earnings (Y/Y)

UFCS Stock Price

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UFCS RSI Chart

UFCS Valuation

Market Cap

594.5M

Price/Earnings (Trailing)

-35.19

Price/Sales (Trailing)

0.53

EV/EBITDA

-39.32

Price/Free Cashflow

2.77

UFCS Price/Sales (Trailing)

UFCS Profitability

EBT Margin

-2.08%

Return on Equity

-2.29%

Return on Assets

-0.52%

Free Cashflow Yield

36.11%

UFCS Fundamentals

UFCS Revenue

Revenue (TTM)

1.1B

Rev. Growth (Yr)

10.82%

Rev. Growth (Qtr)

3.02%

UFCS Earnings

Earnings (TTM)

-16.9M

Earnings Growth (Yr)

1.8K%

Earnings Growth (Qtr)

-31.14%

Breaking Down UFCS Revenue

Last 7 days

-0.8%

Last 30 days

8.8%

Last 90 days

-3.4%

Trailing 12 Months

-0.8%

How does UFCS drawdown profile look like?

UFCS Financial Health

UFCS Investor Care

Dividend Yield

2.72%

Dividend/Share (TTM)

0.64

Shares Dilution (1Y)

0.23%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	1.1B	0	0	0
2023	1.0B	1.0B	1.1B	1.1B
2022	1.0B	985.6M	972.6M	980.3M
2021	1.2B	1.1B	1.1B	1.1B
2020	1.1B	1.1B	1.1B	1.1B
2019	1.1B	1.2B	1.2B	1.2B
2018	1.1B	1.1B	1.1B	1.1B
2017	1.0B	1.0B	1.0B	1.1B
2016	1.0B	1.0B	1.0B	996.4M
2015	957.5M	980.7M	1.0B	1.0B
2014	894.6M	907.6M	920.4M	941.9M
2013	824.8M	844.9M	861.4M	877.0M
2012	754.6M	772.5M	791.5M	813.2M
2011	590.0M	623.8M	663.5M	705.0M
2010	0	578.5M	584.8M	591.1M
2009	0	0	0	572.2M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of United Fire Group Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 01, 2024	rupert kenneth w jr	sold (taxes)	-14,249	22.44	-635	chief actuary
May 01, 2024	lovvorn lindsay e	sold (taxes)	-1,772	22.44	-79.00	chief administrative officer
Apr 18, 2024	martin eric j	sold (taxes)	-26,744	22.03	-1,214	chief financial officer
Mar 31, 2024	stephenson julie a	sold (taxes)	-48,960	21.77	-2,249	executive vp & coo
Mar 20, 2024	rupert kenneth w jr	acquired	94,996	21.99	4,320	chief actuary
Mar 20, 2024	woolstenhulme micah g	acquired	111,775	21.99	5,083	vp & chief risk officer
Mar 20, 2024	lovvorn lindsay e	acquired	86,244	21.99	3,922	chief administrative officer
Mar 20, 2024	ruehle corey lynn	acquired	97,811	21.99	4,448	vp & chief claims officer
Mar 20, 2024	bahl jeremy	acquired	87,982	21.99	4,001	vp, field operations
Mar 20, 2024	martin eric j	acquired	250,466	21.99	11,390	chief financial officer

Which funds bought or sold UFCS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-5.08	12,289	466,096	-%
May 16, 2024	COMERICA BANK	reduced	-9.15	-3,316	192,633	-%
May 16, 2024	JANE STREET GROUP, LLC	added	5.9	70,628	554,896	-%
May 15, 2024	EARNEST PARTNERS LLC	reduced	-1.75	1,634,680	27,560,600	0.13%
May 15, 2024	Corton Capital Inc.	added	12.94	55,924	307,806	0.11%
May 15, 2024	SYSTEMATIC FINANCIAL MANAGEMENT LP	added	19.75	1,948,250	8,537,740	0.24%
May 15, 2024	MAIRS & POWER INC	unchanged	-	39,600	522,480	-%
May 15, 2024	Royal Bank of Canada	reduced	-4.3	83,000	2,461,000	-%
May 15, 2024	UBS ASSET MANAGEMENT AMERICAS LLC	unchanged	-	22,454	296,247	-%
May 15, 2024	AQR CAPITAL MANAGEMENT LLC	added	23.82	374,045	1,475,090	-%

Are Funds Buying or Selling UFCS?

Are funds buying UFCS calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own UFCS

No. of Funds

UFCS Alerts

Big jump in Earnings (Y/Y)

Unveiling United Fire Group Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
May 10, 2024	earnest partners llc	5.2%	1,310,309	SC 13G/A
Mar 11, 2024	earnest partners llc	5.0%	1,275,445	SC 13G/A
Feb 14, 2024	earnest partners llc	5.1%	1,288,566	SC 13G/A
Feb 13, 2024	vanguard group inc	10.27%	2,595,863	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	5.9%	1,483,515	SC 13G/A
Jan 23, 2024	blackrock inc.	14.3%	3,612,427	SC 13G/A
Feb 14, 2023	earnest partners llc	6.6%	1,663,638	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	6.7%	1,684,237	SC 13G/A
Feb 09, 2023	vanguard group inc	10.20%	2,569,033	SC 13G/A
Jan 23, 2023	blackrock inc.	14.8%	3,727,923	SC 13G/A

Recent SEC filings of United Fire Group Inc

View All Filings

Date Filed	Form Type	Document
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading
May 17, 2024	4	Insider Trading

Peers (Alternatives to United Fire Group Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.1T	1.3B	1.56%	3220.84%	-5.4K	851.43	-10.27%	-34.69%
AJG	56.3B	10.6B	11.80%	20.14%	51.57	5.3	20.42%	-6.05%
AIG	53.5B	48.4B	11.01%	48.35%	11.07	1.1	-4.15%	-20.63%
TRV	50.3B	42.9B	6.36%	19.84%	16.03	1.17	13.52%	12.15%
AFL	50.2B	19.3B	10.10%	32.07%	9.39	2.6	3.03%	17.35%
ACGL	37.9B	14.4B	11.43%	34.12%	7.82	2.63	32.92%	143.01%
AFG	11.2B	8.0B	7.21%	13.44%	12.7	1.4	11.14%	7.56%
MID-CAP
UNM	10.1B	12.6B	5.84%	14.37%	7.61	0.8	4.24%	-13.40%
AIZ	9.1B	11.4B	3.23%	33.23%	11.93	0.8	9.81%	217.29%
LNC	5.1B	11.9B	12.70%	41.34%	3.81	0.43	-33.27%	234.43%
AEL	3.9B	3.2B	-0.20%	45.14%	5.55	1.23	64.05%	-35.60%
SMALL-CAP
BRP	2.0B	1.3B	23.61%	49.66%	-37.13	1.59	18.74%	30.90%
AMSF	887.3M	308.9M	-4.69%	-15.41%	14.38	2.87	3.79%	10.94%
AMBC	818.6M	314.0M	28.73%	23.89%	14.24	2.61	-29.20%	-88.19%
AAME	35.5M	187.5M	-11.22%	-20.55%	-49.09	0.19	2.74%	73.83%

United Fire Group Inc News

Latest updates

United Fire Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	3.0%	295,999,000	287,319,000	273,955,000	267,089,000	267,104,000	280,163,000	235,573,000	219,536,000	245,014,000	272,501,000	248,543,000	244,412,000	300,735,000	310,898,000	282,121,000	297,803,000	177,805,000	293,374,000	298,055,000	304,197,000	305,539,000
EBITDA Margin	64.0%	-0.01	-0.02	-0.03	-0.06	-0.01	0.02	0.08	0.09	0.12	0.10	0.02	-0.02	-	-	-	-	-	-	-	-	-
Interest Expenses	-1.2%	859,000	869,000	797,000	797,000	797,000	797,000	797,000	797,000	797,000	796,000	797,000	1,594,000	-	-	-	-	-	-	-	-	-
Income Taxes	-38.5%	2,782,000	4,523,000	1,996,000	-15,845,000	-695,000	2,521,000	-8,248,000	-3,604,000	6,377,000	14,559,000	-4,834,000	2,522,000	4,002,000	-4,633,000	-17,987,000	-1,724,000	-32,465,000	-5,536,000	-2,186,000	-375,000	10,156,000
Earnings Before Taxes	-32.5%	16,284,000	24,131,000	8,376,000	-72,227,000	-1,000	22,641,000	-31,229,000	-14,061,000	34,726,000	72,294,000	-14,427,000	16,272,000	22,704,000	-13,524,000	-55,228,000	4,236,000	-104,999,000	-28,699,000	-4,528,000	-4,571,000	54,677,000
EBT Margin	42.5%	-0.02	-0.04	-0.04	-0.08	-0.02	0.01	0.06	0.08	0.11	0.09	0.01	-0.03	-	-	-	-	-	-	-	-	-
Net Income	-31.1%	13,502,000	19,608,000	6,380,000	-56,382,000	694,000	20,120,000	-22,981,000	-10,457,000	28,349,000	57,735,000	-9,593,000	13,750,000	18,702,000	-8,891,000	-37,241,000	5,960,000	-72,534,000	-23,163,000	-2,342,000	-4,196,000	44,521,000
Net Income Margin	44.6%	-0.02	-0.03	-0.03	-0.06	-0.01	0.02	0.05	0.07	0.09	0.08	0.01	-0.01	-	-	-	-	-	-	-	-	-
Free Cashflow	62.7%	36,161,000	22,230,000	111,642,000	44,650,000	-6,786,000	28,542,000	-13,919,000	-17,469,000	1,595,000	11,729,000	-16,642,000	15,320,000	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	3.2%	3,245	3,144	3,052	3,018	2,898	2,882	2,819	2,885	2,930	3,013	3,011	3,058	3,065	3,070	3,048	3,035	2,950	3,013	3,014	3,002	2,904
Cash Equivalents	113.4%	218	102	69.00	80.00	53.00	97.00	53.00	92.00	110	132	133	119	72.00	88.00	100	146	121	121	130	149	96.00
Net PPE	0.1%	134	134	134	134	133	133	133	135	139	138	136	135	132	130	128	126	123	117	121	116	108
Liabilities	4.0%	2,508	2,410	2,407	2,342	2,147	2,142	2,118	2,104	2,094	2,134	2,196	2,219	2,241	2,245	2,228	2,174	2,117	2,103	2,050	2,033	1,949
Shareholder's Equity	0.4%	737	734	645	676	752	740	701	781	836	879	815	839	824	825	820	861	833	910	964	968	955
Retained Earnings	1.6%	584	575	559	557	617	621	604	631	646	621	567	581	571	556	569	614	616	697	729	739	752
Additional Paid-In Capital	0.4%	211	210	210	209	208	207	207	206	204	203	203	203	203	202	201	200	198	200	203	209	207
Accumulated Depreciation	3.5%	71.00	68.00	66.00	64.00	62.00	60.00	62.00	61.00	62.00	60.00	59.00	58.00	57.00	55.00	54.00	53.00	51.00	50.00	42.00	42.00	41.00
Shares Outstanding	0.1%	25.00	25.00	25.00	25.00	25.00	25.00	25.00	25.00	25.00	25.00	25.00	25.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	500	-	-	-	800	-	-	-	700	-	-	-	700	-	-	-	1,000	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	62.7%	36,161	22,230	111,642	44,650	-6,786	28,542	-13,919	-17,469	1,595	11,729	-16,642	15,320	19,510	54,303	-17,100	6,719	-2,487	37,587	19,889	25,573	10,703
Share Based Compensation	847.5%	1,156	122	949	1,099	1,076	236	828	783	979	370	959	1,106	1,009	1,013	1,052	1,293	1,634	904	1,203	1,357	2,688
Cashflow From Investing	467.7%	83,880	14,775	-118,148	-14,012	-32,501	19,143	-20,785	2,532	-20,061	-8,627	35,659	36,381	-31,682	-112,707	-21,291	26,893	14,234	-35,088	-23,011	35,174	27,426
Cashflow From Financing	-4.7%	-4,302	-4,109	-4,048	-4,164	-4,133	-4,052	-4,213	-2,651	-4,116	-3,770	-4,764	-4,696	-4,262	46,748	-8,267	-8,074	-11,745	-11,485	-15,954	-7,499	-7,047
Dividend Payments	0.1%	4,046	4,042	4,043	4,042	4,037	4,034	4,031	4,028	3,767	3,762	3,763	3,771	3,768	3,749	8,261	8,267	8,249	8,256	8,284	8,325	7,797
Buy Backs	-	-	-	-	-	-	-	-	-	-	-1.00	1,001	1,000	7.00	-	-	-	2,741	3,573	8,058	69.00	-

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UFCS Income Statement

2024-03-31

Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues
Net premiums earned	$ 280,859	$ 256,127
Investment income, net of investment expenses	16,342	12,722
Net investment gains (losses) (includes reclassifications for net unrealized investment gains (losses) on available-for-sale securities of $(2,564) in 2024 and $(540) in 2023; previously included in accumulated other comprehensive income (loss))	(1,202)	(1,745)
Other income (loss)	0	0
Total revenues	295,999	267,104
Benefits, Losses and Expenses
Losses and loss settlement expenses	179,646	174,597
Amortization of deferred policy acquisition costs	65,690	59,835
Other underwriting expenses (includes reclassifications for employee benefit costs of $0 in 2024 and $52 in 2023; previously included in accumulated other comprehensive income (loss))	32,465	30,303
Interest expense	859	797
Other nonunderwriting expenses	1,055	1,573
Total benefits, losses and expenses	279,715	267,105
Income (loss) before income taxes	16,284	(1)
Federal income tax expense (benefit) (includes reclassifications of $538 in 2024 and $124 in 2023; previously included in accumulated other comprehensive income (loss))	2,782	(695)
Net Income (loss)	13,502	694
Other comprehensive income (loss)
Change in net unrealized gain (loss) on investments	(11,096)	18,004
Change in liability for underfunded employee benefit plans	(724)	(820)
Foreign currency translation adjustment	(23)	0
Other comprehensive income (loss), before tax and reclassification adjustments	(11,843)	17,184
Income tax effect	2,482	(3,609)
Other comprehensive income (loss), after tax, before reclassification adjustments	(9,361)	13,575
Reclassification adjustment for net investment losses included in income	2,564	540
Reclassification adjustment for employee benefit costs included in expense	0	52
Total reclassification adjustments, before tax	2,564	592
Income tax effect	(538)	(124)
Total reclassification adjustments, after tax	2,026	468
Comprehensive income (loss)	$ 6,167	$ 14,737
Diluted weighted average common shares outstanding	25,834,494	25,500,115
Earnings Per Share [Abstract]
Basic (in dollars per share)	$ 0.53	$ 0.03
Diluted (in dollars per share)	$ 0.52	$ 0.03

UFCS Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Fixed maturities
Total Available-for-Sale Fixed Maturities	$ 1,589,248	$ 1,686,502
Total Equity Securities	0	55,019
Mortgage loans	41,426	45,421
Less: allowance for mortgage loan losses	46	55
Mortgage loans, net	41,380	45,366
Other long-term investments	99,020	99,507
Short-term investments	100	100
Total investments	1,729,748	1,886,494
Cash and cash equivalents	217,785	102,046
Accrued investment income	16,325	15,934
Premiums receivable (net of allowance for doubtful accounts of $1,942 in 2024 and $1,794 in 2023)	518,245	464,791
Deferred policy acquisition costs	135,210	126,532
Property and equipment (primarily land and buildings, at cost, less accumulated depreciation of $70,615 in 2024 and $68,242 in 2023)	134,354	134,247
Reinsurance receivables and recoverables (net of allowance for credit losses of $102 in 2024 and $97 in 2023)	239,971	223,269
Prepaid reinsurance premiums	24,608	27,682
Intangible assets	4,438	4,615
Deferred tax asset	22,735	13,621
Income taxes receivable	11,524	21,463
Other assets	189,692	123,496
TOTAL ASSETS	3,244,635	3,144,190
Liabilities
Losses and loss settlement expenses	1,690,885	1,638,755
Unearned premiums	586,742	549,384
Accrued expenses and other liabilities	180,242	172,306
Long term debt	50,000	50,000
TOTAL LIABILITIES	2,507,869	2,410,445
Stockholders' Equity
Common stock, $0.001 par value; authorized 75,000,000 shares; 25,293,156 and 25,269,842 shares issued and outstanding in 2024 and 2023, respectively	25	25
Additional paid-in capital	210,886	209,986
Retained earnings	584,147	574,691
Accumulated other comprehensive income, net of tax	(58,292)	(50,957)
TOTAL STOCKHOLDERS' EQUITY	736,766	733,745
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 3,244,635	$ 3,144,190

About United Fire Group Inc

United Fire Group, Inc., together with its subsidiaries, provides property and casualty insurance for individuals and businesses in the United States. The company offers commercial and personal lines of property and casualty insurance; and commercial multiple peril and inland marine insurance, as well as assumed reinsurance products. Its commercial policies include fire and allied lines, other liability, automobile, workers' compensation, and fidelity and surety coverage; and personal lines comprise automobile, and fire and allied lines coverage, including homeowners. The company sells its products through a network of independent agencies. United Fire Group, Inc. was incorporated in 1946 and is headquartered in Cedar Rapids, Iowa.

CEO	Mr. Kevin James Leidwinger
WEBSITE	ufginsurance.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	1091

United Fire Group Inc Frequently Asked Questions

What is the ticker symbol for United Fire Group Inc? What does UFCS stand for in stocks?

UFCS is the stock ticker symbol of United Fire Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of United Fire Group Inc (UFCS)?

As of Fri May 17 2024, market cap of United Fire Group Inc is 594.45 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of UFCS stock?

You can check UFCS's fair value in chart for subscribers.

What is the fair value of UFCS stock?

You can check UFCS's fair value in chart for subscribers. The fair value of United Fire Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of United Fire Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for UFCS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is United Fire Group Inc a good stock to buy?

The fair value guage provides a quick view whether UFCS is over valued or under valued. Whether United Fire Group Inc is cheap or expensive depends on the assumptions which impact United Fire Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for UFCS.

What is United Fire Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, UFCS's PE ratio (Price to Earnings) is -35.19 and Price to Sales (PS) ratio is 0.53. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. UFCS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on United Fire Group Inc's stock?

In the past 10 years, United Fire Group Inc has provided 0.011 (multiply by 100 for percentage) rate of return.