United Insurance (UIHC) to Release Earnings on Wednesday

United Insurance (NASDAQ:UIHC) is scheduled to post its quarterly earnings results after the market closes on Wednesday, February 21st. Analysts expect United Insurance to post earnings of $0.57 per share for the quarter.

United Insurance (UIHC) opened at $18.32 on Wednesday. United Insurance has a 1 year low of $13.60 and a 1 year high of $20.31. The stock has a market capitalization of $797.35, a PE ratio of -22.90, a PEG ratio of 0.41 and a beta of 1.65.

A number of equities analysts have recently issued reports on the company. ValuEngine downgraded United Insurance from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. Keefe, Bruyette & Woods set a $21.00 price objective on United Insurance and gave the stock a “buy” rating in a research report on Monday, January 15th. Zacks Investment Research upgraded United Insurance from a “strong sell” rating to a “hold” rating in a research report on Friday, January 12th. BidaskClub downgraded United Insurance from a “buy” rating to a “hold” rating in a research report on Thursday, January 25th. Finally, Wells Fargo & Co restated a “buy” rating and set a $18.00 price objective on shares of United Insurance in a research report on Tuesday, November 7th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $19.50.

In other United Insurance news, Director Alec Poitevint II bought 1,500 shares of the stock in a transaction on Friday, December 15th. The stock was acquired at an average cost of $16.71 per share, for a total transaction of $25,065.00. Following the completion of the acquisition, the director now owns 20,000 shares in the company, valued at approximately $334,200. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael Hogan bought 2,500 shares of the stock in a transaction on Tuesday, December 12th. The stock was acquired at an average price of $16.45 per share, with a total value of $41,125.00. Following the completion of the acquisition, the director now owns 57,438 shares of the company’s stock, valued at approximately $944,855.10. The disclosure for this purchase can be found here. Insiders own 22.60% of the company’s stock.

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United Insurance Company Profile

United Insurance Holdings Corp. is a property and casualty insurance holding company that sources, writes and services residential property and casualty insurance policies using a network of agents and a group of insurance subsidiaries. The Company’s insurance subsidiary is United Property & Casualty Insurance Company.

Earnings History for United Insurance (NASDAQ:UIHC)

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