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Equities research analysts at Keefe, Bruyette & Woods initiated coverage on shares of United Insurance Holdings Corp. (NASDAQ:UIHC) in a research note issued to investors on Tuesday, reports. The firm set an “outperform” rating on the stock.

United Insurance Holdings Corp. (NASDAQ:UIHC) opened at 16.14 on Tuesday. United Insurance Holdings Corp. has a one year low of $7.68 and a one year high of $18.56. The stock has a 50-day moving average of $15.87 and a 200-day moving average of $15.74. The company has a market cap of $334.8 million and a P/E ratio of 8.70.

United Insurance Holdings Corp. (NASDAQ:UIHC) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.03. Analysts expect that United Insurance Holdings Corp. will post $1.72 EPS for the current fiscal year.

United Insurance Holdings Corp. (NASDAQ:UIHC) through the Company’s wholly owned subsidiaries, it writes and service property and casualty insurance policies in Florida, South Carolina and Massachusetts.

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