United Fire Group (UFCS) Announces Quarterly Results
United Fire Group (NASDAQ:UFCS) announced its earnings results on Tuesday. The company reported $1.04 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.62 by $0.42, AmericanBankingNews.com reports. The company had revenue of $228.99 million for the quarter, compared to the consensus estimate of $222.36 million.
Several analysts have recently commented on the stock. Analysts at Sandler O’Neill upgraded shares of United Fire Group from a “hold” rating to a “buy” rating in a research note on Tuesday, February 11th. On a related note, analysts at TheStreet downgraded shares of United Fire Group from a “buy” rating to a “hold” rating in a research note on Friday, February 7th.
United Fire Group (NASDAQ:UFCS) opened at 27.37 on Tuesday. United Fire Group has a 52-week low of $23.75 and a 52-week high of $34.21. The stock has a 50-day moving average of $26.82 and a 200-day moving average of $28.94. The company has a market cap of $695.3 million and a P/E ratio of 14.77.
United Fire Group, Inc, formerly United Fire & Casualty Company, is engaged in the business of writing property and casualty insurance and life insurance and selling annuities.
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