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$19.98Last Dividend
$0.29Annual Revenue
$1.39 BAnnual EPS
$2.22Annual ROE
21.24%Beta
0.64Events Calendar
Next earnings date:
Feb 21, 2025Recent quarterly earnings:
Oct 24, 2024Recent annual earnings:
Feb 22, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Dec 06, 2024Next split:
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Dec 08, 1994Analyst ratings
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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.
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.
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.
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.
The insurer exceeded the average analyst prediction for first-quarter profits but fell short on revenue by a significant margin.
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.
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.
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.
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.
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.
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