Universal Insurance Holdings (UVE) Earning Very Positive Media Coverage, Analysis Shows
Headlines about Universal Insurance Holdings (NYSE:UVE) have been trending very positive on Tuesday, Alpha One Sentiment Analysis reports. Alpha One, a unit of Accern, identifies positive and negative media coverage by analyzing more than twenty million news and blog sources. Alpha One 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 Holdings earned a coverage optimism score of 0.56 on Alpha One’s scale. Alpha One also gave headlines about the insurance provider an impact score of 0 out of 100, meaning that recent media coverage is extremely unlikely to have an effect on the company’s share price in the near future.
Here are some of the news headlines that may have effected AlphaOne’s rankings:
- UNIVERSAL INSURANCE : SUBSIDIARY UPCIC WRITES FIRST HOMEOWNERS INSURANCE POLICY AND LAUNCHES UNIVERSAL DIRECT IN NEW JERSEY (4-traders.com)
- BRIEF-Universal Insurance says New Jersey department of insurance approves homeowners insurance rates (reuters.com)
- Universal Insurance Holdings, Inc. breached its 50 day moving average in a Bullish Manner : UVE-US : April 27, 2017 (finance.yahoo.com)
- Edited Transcript of UVE earnings conference call or presentation 26-Apr-17 2:00pm GMT (finance.yahoo.com)
- Universal Insurance Holdings, Inc. Subsidiary UPCIC Writes First Homeowners Insurance Policy And Launches … – Yahoo Finance (finance.yahoo.com)
Universal Insurance Holdings (NYSE:UVE) traded down 0.19% during mid-day trading on Tuesday, reaching $26.15. The company’s stock had a trading volume of 70,568 shares. The stock has a market cap of $917.16 million, a price-to-earnings ratio of 8.89 and a beta of 1.77. Universal Insurance Holdings has a 12-month low of $16.83 and a 12-month high of $29.20. The firm’s 50 day moving average price is $23.82 and its 200 day moving average price is $24.97.
Universal Insurance Holdings (NYSE:UVE) last posted its quarterly earnings data on Tuesday, February 21st. The insurance provider reported $0.38 EPS for the quarter, beating the Zacks’ consensus estimate of $0.30 by $0.08. The business earned $178.60 million during the quarter, compared to analysts’ expectations of $174.26 million. Universal Insurance Holdings had a return on equity of 34.51% and a net margin of 17.18%. On average, equities analysts predict that Universal Insurance Holdings will post $3.16 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Monday, July 3rd. Investors of record on Wednesday, June 14th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 2.14%. The ex-dividend date is Monday, June 12th. Universal Insurance Holdings’s payout ratio is 17.39%.
About Universal Insurance Holdings
Universal Insurance Holdings, Inc (UVE) is a private personal residential homeowners insurance company in Florida. The Company performs substantially all aspects of insurance underwriting, policy issuance, general administration, and claims processing and settlement internally. The Company’s subsidiaries include Universal Property & Casualty Insurance Company (UPCIC) and American Platinum Property and Casualty Insurance Company (APPCIC).
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