Share on StockTwits

United Fire Group (NASDAQ:UFCS) Director Scott L. Carlton sold 2,000 shares of United Fire Group stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $28.01, for a total transaction of $56,020.00. Following the sale, the director now directly owns 102,451 shares in the company, valued at approximately $2,869,653. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

United Fire Group (NASDAQ:UFCS) traded up 2.77% during mid-day trading on Monday, hitting $28.93. 34,884 shares of the company’s stock traded hands. 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 $27.95 and a 200-day moving average of $28.30. The company has a market cap of $734.8 million and a P/E ratio of 10.74.

United Fire Group (NASDAQ:UFCS) last announced its earnings results on Tuesday, May 6th. The company reported $0.47 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.65 by $0.18. Analysts expect that United Fire Group will post $2.21 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Monday, June 16th. Stockholders of record on Monday, June 2nd will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.77%. The ex-dividend date of this dividend is Thursday, May 29th. This is a boost from United Fire Group’s previous quarterly dividend of $0.18.

Separately, analysts at TheStreet upgraded shares of United Fire Group from a “hold” rating to a “buy” rating in a research note on Thursday, March 20th.

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.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.