Universal Insurance (UVE) Receiving Favorable Press Coverage, Analysis Shows

Media stories about Universal Insurance (NYSE:UVE) have been trending positive this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Universal Insurance earned a media sentiment score of 0.35 on Accern’s scale. Accern also assigned media headlines about the insurance provider an impact score of 46.613695199471 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the news stories that may have effected Accern Sentiment’s analysis:

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Shares of NYSE:UVE opened at $31.50 on Friday. Universal Insurance has a 1 year low of $15.07 and a 1 year high of $33.20. The stock has a market cap of $1,106.90, a P/E ratio of 10.62 and a beta of 1.75. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.03.

Universal Insurance (NYSE:UVE) last posted its quarterly earnings data on Tuesday, February 20th. The insurance provider reported $1.03 earnings per share for the quarter. The business had revenue of $201.31 million for the quarter. Universal Insurance had a return on equity of 25.45% and a net margin of 14.22%.

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 12th. Shareholders of record on Wednesday, February 28th were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Tuesday, February 27th. This represents a $0.56 annualized dividend and a yield of 1.78%.

A number of research analysts recently issued reports on the company. ValuEngine downgraded Universal Insurance from a “strong-buy” rating to a “buy” rating in a report on Wednesday, March 7th. Keefe, Bruyette & Woods set a $32.00 price target on Universal Insurance and gave the company a “buy” rating in a report on Monday, January 15th.

In other Universal Insurance news, Director Scott P. Callahan sold 2,600 shares of Universal Insurance stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $30.53, for a total transaction of $79,378.00. Following the sale, the director now directly owns 8,536 shares of the company’s stock, valued at approximately $260,604.08. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 10.50% of the company’s stock.

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Universal Insurance Company Profile

Universal Insurance Holdings, Inc, together with its subsidiaries, operates as an integrated insurance holding company in the United States. The company primarily offers personal residential homeowner's insurance. It also underwrites homeowner's multi-peril insurance; and fire, commercial multi-peril, and other liability lines of business.

Insider Buying and Selling by Quarter for Universal Insurance (NYSE:UVE)

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