UVE RSI Chart
Last 7 days
4.8%
Last 30 days
1.8%
Last 90 days
20.5%
Trailing 12 Months
3.8%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 1.3B | 1.3B | 1.3B | 1.4B |
2022 | 1.1B | 1.2B | 1.2B | 1.2B |
2021 | 1.1B | 1.1B | 1.1B | 1.1B |
2020 | 938.0M | 957.0M | 1.0B | 1.1B |
2019 | 868.9M | 892.8M | 916.3M | 939.4M |
2018 | 839.3M | 863.6M | 879.5M | 894.6M |
2017 | 695.7M | 711.4M | 729.2M | 751.9M |
2016 | 607.2M | 653.4M | 668.8M | 685.3M |
2015 | 398.8M | 435.4M | 488.9M | 546.5M |
2014 | 308.0M | 317.2M | 342.4M | 369.3M |
2013 | 277.1M | 295.0M | 298.8M | 301.2M |
2012 | 221.8M | 228.0M | 253.2M | 269.9M |
2011 | 259.0M | 256.8M | 235.5M | 225.9M |
2010 | 0 | 220.4M | 230.2M | 239.9M |
2009 | 0 | 0 | 0 | 210.6M |
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.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 01, 2024 | downes sean p | back to issuer | -181,556 | 19.89 | -9,128 | executive chairman |
Apr 01, 2024 | donaghy stephen | back to issuer | -317,703 | 19.89 | -15,973 | ceo |
Mar 07, 2024 | downes sean p | sold | -390,616 | 19.5308 | -20,000 | executive chairman |
Jan 16, 2024 | donaghy stephen | gifted | - | - | -2,000 | ceo |
Jan 12, 2024 | donaghy stephen | gifted | - | - | -9,000 | ceo |
Dec 29, 2023 | downes sean p | gifted | - | - | -40,529 | executive chairman |
Dec 22, 2023 | downes sean p | sold | -332,044 | 16.6022 | -20,000 | executive chairman |
Dec 18, 2023 | ropiecki gary lloyd | back to issuer | -53,777 | 16.13 | -3,334 | principal accounting officer |
Dec 18, 2023 | campos kimberly d | back to issuer | -53,777 | 16.13 | -3,334 | cio & cao |
Dec 18, 2023 | wilcox frank | back to issuer | -107,539 | 16.13 | -6,667 | cfo |
Which funds bought or sold UVE recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 23, 2024 | AMALGAMATED BANK | reduced | -63.69 | -23,000 | 19,000 | -% |
Apr 22, 2024 | MetLife Investment Management, LLC | unchanged | - | 27,394 | 223,352 | -% |
Apr 22, 2024 | Rockwood Wealth Management, LLC | unchanged | - | 47,896 | 224,252 | 0.03% |
Apr 18, 2024 | FARMERS & MERCHANTS INVESTMENTS INC | unchanged | - | 78.00 | 366 | -% |
Apr 18, 2024 | Allspring Global Investments Holdings, LLC | added | 11,666 | 1,185,070 | 1,193,050 | -% |
Apr 15, 2024 | Counterpoint Mutual Funds LLC | new | - | 289,133 | 289,133 | 0.07% |
Apr 12, 2024 | Westend Capital Management, LLC | new | - | 772 | 772 | -% |
Apr 12, 2024 | Unison Advisors LLC | added | 0.77 | 162,894 | 741,721 | 0.07% |
Apr 08, 2024 | TOMPKINS FINANCIAL CORP | unchanged | - | 47,293 | 221,427 | 0.03% |
Apr 05, 2024 | LOS ANGELES CAPITAL MANAGEMENT LLC | reduced | -4.65 | 513,383 | 2,929,800 | 0.01% |
Unveiling Universal Insurance Holdings Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Date Filed | Form Type | Document | |
---|---|---|---|
Peers (Alternatives to Universal Insurance Holdings Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ARGO | 1.0T | 1.3B | -4.8K | 761.86 | ||||
AJG | 51.3B | 10.1B | 52.91 | 5.1 | ||||
AIG | 51.1B | 46.8B | 14.02 | 1.09 | ||||
TRV | 48.9B | 42.9B | 15.57 | 1.14 | ||||
AFL | 48.6B | 18.7B | 10.44 | 2.6 | ||||
ACGL | 34.9B | 13.6B | 7.85 | 2.56 | ||||
AFG | 10.8B | 7.8B | 12.73 | 1.39 | ||||
MID-CAP | ||||||||
UNM | 9.9B | 12.4B | 7.73 | 0.8 | ||||
AIZ | 9.2B | 11.1B | 14.32 | 0.83 | ||||
LNC | 4.9B | 11.6B | -6.48 | 0.42 | ||||
AEL | 4.4B | 2.8B | 21.12 | 1.57 | ||||
SMALL-CAP | ||||||||
BRP | 1.6B | 1.2B | -18.22 | 1.35 | ||||
AMSF | 974.4M | 306.9M | 15.69 | 3.18 | ||||
AMBC | 657.6M | 269.0M | 146.13 | 2.44 | ||||
AAME | 39.2M | 186.8M | -229.08 | 0.21 |
Universal Insurance Holdings Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 4.3% | 375 | 360 | 340 | 317 | 330 | 313 | 292 | 287 | 293 | 287 | 279 | 263 | 273 | 312 | 253 | 235 | 239 | 230 | 234 | 237 | 216 |
S&GA Expenses | -6.6% | 73.00 | 78.00 | 77.00 | 76.00 | 73.00 | 74.00 | 79.00 | 78.00 | 76.00 | 73.00 | 82.00 | 82.00 | 66.00 | 77.00 | 74.00 | 73.00 | 64.00 | 69.00 | 69.00 | 70.00 | 65.00 |
EBITDA Margin | - | 0.07* | - | 0.02* | 0.00* | -0.01* | -0.08* | 0.00* | 0.02* | 0.03* | 0.06* | 0.04* | 0.03* | 0.03* | - | - | - | - | - | - | - | - |
Interest Expenses | 0.2% | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | 0.00 | 0.00 | 0.00 | - | - | - | - | - | - | - | - | - |
Income Taxes | 400.6% | 6.00 | -1.96 | 9.00 | 9.00 | 8.00 | -20.96 | 3.00 | 5.00 | -16.33 | 6.00 | 8.00 | 10.00 | -9.36 | -0.60 | 8.00 | 8.00 | -17.98 | 8.00 | 14.00 | 14.00 | -4.76 |
Earnings Before Taxes | 428.8% | 26.00 | -7.88 | 38.00 | 33.00 | 33.00 | -93.24 | 11.00 | 22.00 | -64.46 | 26.00 | 30.00 | 36.00 | -27.00 | -3.79 | 27.00 | 28.00 | -69.05 | 28.00 | 51.00 | 54.00 | -11.24 |
EBT Margin | -10.3% | 0.06* | 0.07* | 0.01* | -0.01* | -0.02* | -0.09* | 0.00* | 0.01* | 0.03* | 0.06* | 0.03* | 0.03* | - | - | - | - | - | - | - | - | - |
Net Income | 438.1% | 20.00 | -5.91 | 29.00 | 24.00 | 25.00 | -72.28 | 7.00 | 18.00 | -48.12 | 20.00 | 22.00 | 26.00 | -17.67 | -3.17 | 20.00 | 20.00 | -51.07 | 20.00 | 37.00 | 40.00 | -6.47 |
Net Income Margin | -10.1% | 0.05* | 0.05* | 0.00* | -0.01* | -0.01* | -0.07* | 0.00* | 0.01* | 0.02* | 0.05* | 0.02* | 0.02* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -101.2% | -0.81 | 68.00 | 50.00 | -50.95 | 101 | -2.86 | 251 | -29.27 | -41.95 | 15.00 | 194 | 60.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | -9.5% | 2,317 | 2,559 | 2,918 | 2,551 | 2,890 | 3,127 | 2,383 | 1,749 | 2,056 | 2,143 | 2,342 | 1,717 | 1,759 | 2,050 | 2,047 | 1,546 | 1,720 | 1,829 | 2,064 | 1,698 | 1,858 |
Cash Equivalents | 15.7% | 397 | 344 | 292 | 330 | 389 | 310 | 337 | 168 | 251 | 241 | 293 | 104 | 180 | 426 | 335 | 183 | 185 | 162 | 184 | 188 | 169 |
Net PPE | -2.3% | 48.00 | 49.00 | 50.00 | 50.00 | 51.00 | 53.00 | 54.00 | 54.00 | 54.00 | 53.00 | 53.00 | 53.00 | 54.00 | 52.00 | 49.00 | 45.00 | 41.00 | 41.00 | 40.00 | 40.00 | 35.00 |
Liabilities | -12.5% | 1,975 | 2,257 | 2,583 | 2,229 | 2,602 | 2,866 | 2,016 | 1,353 | 1,626 | 1,649 | 1,861 | 1,263 | 1,309 | 1,575 | 1,519 | 1,051 | 1,226 | 1,260 | 1,498 | 1,159 | 1,357 |
Long Term Debt | -0.2% | 102 | 102 | 102 | 103 | 103 | 103 | 103 | 103 | 104 | - | - | - | 8.00 | - | - | - | - | 10.00 | 11.00 | 11.00 | 11.00 |
Shareholder's Equity | 13.2% | 341 | 302 | 335 | 322 | 288 | 261 | 367 | 396 | 430 | 494 | 481 | 455 | 449 | 475 | 528 | 494 | 494 | 569 | 566 | 539 | 502 |
Retained Earnings | 2.1% | 561 | 549 | 560 | 537 | 517 | 501 | 579 | 576 | 564 | 621 | 606 | 589 | 568 | 594 | 603 | 588 | 574 | 634 | 614 | 588 | 553 |
Additional Paid-In Capital | -0.7% | 115 | 116 | 115 | 113 | 113 | 111 | 110 | 109 | 108 | 107 | 106 | 105 | 103 | 101 | 100 | 97.00 | 96.00 | 94.00 | 90.00 | 87.00 | 86.00 |
Shares Outstanding | -0.8% | 29.00 | 29.00 | 30.00 | 30.00 | 30.00 | 31.00 | 31.00 | 31.00 | 31.00 | 31.00 | 31.00 | 31.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 406 | - | - | - | 360 | - | - | - | 390 | - | - | - | 506 | - | - | - | 872 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -99.5% | 340 | 69,231 | 51,657 | -50,257 | 101,358 | -2,267 | 252,505 | -27,081 | -39,602 | 16,860 | 195,855 | 61,265 | -144,197 | -17,302 | 145,204 | 45,643 | 28,009 | 601 | 24,537 | 31,451 | 5,651 |
Cashflow From Investing | -184.5% | -789 | 934 | -12,767 | -2,629 | -8,830 | -16,976 | -74,613 | -48,442 | -34,819 | -62,091 | -1,096 | -131,398 | -90,297 | 124,438 | 22,009 | -34,108 | 21,205 | 9,230 | -7,562 | 5,453 | -61,711 |
Cashflow From Financing | 27.7% | -12,630 | -17,462 | -11,363 | -5,665 | -11,325 | -7,696 | -8,848 | -9,587 | 86,906 | -6,738 | -5,676 | -6,194 | -11,882 | -15,550 | -15,967 | -12,864 | -26,743 | -31,807 | -20,422 | -18,271 | -29,801 |
Dividend Payments | 79.4% | 8,600 | 4,794 | 4,905 | 4,980 | 8,894 | 4,906 | 4,945 | 5,029 | 9,087 | 5,003 | 5,018 | 5,083 | 9,031 | 5,111 | 5,144 | 5,261 | 9,488 | 5,465 | 5,533 | 5,620 | 10,108 |
Buy Backs | -70.4% | 3,636 | 12,297 | 6,088 | - | 1,843 | 2,419 | 3,502 | 3,879 | - | 1,364 | - | 245 | 2,420 | 9,885 | 10,029 | 6,587 | 16,254 | 25,708 | 14,107 | 10,117 | 14,160 |
CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
REVENUES | |||
Direct premiums written | $ 1,921,833 | $ 1,845,786 | $ 1,671,252 |
Change in unearned premium | (46,704) | (86,085) | (74,634) |
Direct premium earned | 1,875,129 | 1,759,701 | 1,596,618 |
Ceded premium earned | (623,193) | (631,075) | (561,155) |
Premiums earned, net | 1,251,936 | 1,128,626 | 1,035,463 |
Net investment income | 48,449 | 25,785 | 12,535 |
Net realized gains (losses) on investments | (1,229) | 348 | 5,892 |
Net change in unrealized gains (losses) on investments | 12,046 | (13,145) | (4,032) |
Commission revenue | 54,058 | 53,168 | 41,649 |
Policy fees | 18,881 | 20,182 | 22,713 |
Other revenue | 7,441 | 7,694 | 7,631 |
Total revenues | 1,391,582 | 1,222,658 | 1,121,851 |
OPERATING COSTS AND EXPENSES | |||
Losses and loss adjustment expenses | 992,636 | 938,399 | 779,205 |
General and administrative expenses | 304,066 | 304,897 | 313,595 |
Total operating costs and expenses | 1,296,702 | 1,243,296 | 1,092,800 |
Interest and amortization of debt issuance costs | 6,531 | 6,609 | 638 |
INCOME (LOSS) BEFORE INCOME TAX EXPENSE (BENEFIT) | 88,349 | (27,247) | 28,413 |
Income tax expense (benefit) | 21,526 | (4,990) | 8,006 |
NET INCOME (LOSS) | $ 66,823 | $ (22,257) | $ 20,407 |
Basic earnings (loss) per common share (in USD per share) | $ 2.24 | $ (0.72) | $ 0.65 |
Weighted average common shares outstanding - Basic (in shares) | 29,829 | 30,751 | 31,218 |
Diluted earnings (loss) per common share (in USD per share) | $ 2.22 | $ (0.72) | $ 0.65 |
Weighted average common shares outstanding - Diluted (in shares) | 30,147 | 30,751 | 31,307 |
Cash dividend declared per common share (in USD per share) | $ 0.77 | $ 0.77 | $ 0.77 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 | ||
---|---|---|---|---|
ASSETS | ||||
Available-for-sale debt securities, at fair value, net of allowance for credit loss of $566 and $920 (amortized cost: $1,162,919 and $1,152,852) | $ 1,064,330 | $ 1,014,626 | ||
Equity securities, at fair value (cost: $91,052 and $102,431) | 80,495 | 85,469 | ||
Other investments, at fair value (cost: $4,794 and $0) | 10,434 | 0 | ||
Investment real estate, net | 5,525 | 5,711 | ||
Total invested assets | 1,160,784 | 1,105,806 | ||
Cash and cash equivalents | 397,306 | 388,706 | ||
Restricted cash and cash equivalents | [1] | 2,635 | 2,635 | |
Prepaid reinsurance premiums | 236,254 | 282,427 | ||
Reinsurance recoverable | 219,102 | 808,850 | ||
Premiums receivable, net | 77,064 | 69,574 | ||
Property and equipment, net | 47,628 | 51,404 | ||
Deferred policy acquisition costs | 109,985 | 103,654 | ||
Income taxes recoverable | 0 | 1,528 | ||
Deferred income tax asset, net | 43,175 | 57,258 | ||
Other assets | 22,628 | 18,312 | ||
Total assets | 2,316,561 | 2,890,154 | ||
LIABILITIES: | ||||
Unpaid losses and loss adjustment expenses | 510,117 | 1,038,790 | ||
Unearned premiums | 990,559 | 943,854 | ||
Advance premium | 48,660 | 54,964 | ||
Income taxes payable | 5,886 | 0 | ||
Book overdraft | 14,597 | 0 | ||
Reinsurance payable, net | 191,850 | 384,504 | ||
Commission payable | 20,989 | 18,541 | ||
Other liabilities and accrued expenses | 90,600 | 58,836 | ||
Long-term debt, net | 102,006 | 102,769 | ||
Total liabilities | 1,975,264 | 2,602,258 | ||
Commitments and Contingencies (Note 15) | ||||
STOCKHOLDERS’ EQUITY: | ||||
Cumulative convertible preferred stock | 0 | 0 | ||
Common stock | 472 | 472 | ||
Treasury shares, at cost - 18,303 and 16,790 | (260,779) | (238,758) | ||
Additional paid-in capital | 115,086 | 112,509 | ||
Accumulated other comprehensive income (loss), net of taxes | (74,172) | (103,782) | ||
Retained earnings | 560,690 | 517,455 | ||
Total stockholders’ equity | 341,297 | 287,896 | ||
Total liabilities and stockholders’ equity | $ 2,316,561 | $ 2,890,154 | ||
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