United Insurance (UIHC) Scheduled to Post Quarterly Earnings on Tuesday

United Insurance (NASDAQ:UIHC) is set to announce its earnings results after the market closes on Tuesday, February 19th. Analysts expect the company to announce earnings of ($0.03) per share for the quarter.

Shares of United Insurance stock opened at $16.14 on Tuesday. United Insurance has a 1 year low of $15.72 and a 1 year high of $22.43. The company has a market cap of $690.33 million, a P/E ratio of 17.35, a P/E/G ratio of 0.43 and a beta of 1.39.

In other United Insurance news, Director Daniel Peed sold 4,000 shares of United Insurance stock in a transaction that occurred on Wednesday, February 6th. The shares were sold at an average price of $16.16, for a total value of $64,640.00. Following the completion of the sale, the director now directly owns 2,026,836 shares of the company’s stock, valued at approximately $32,753,669.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold a total of 45,900 shares of company stock valued at $739,939 over the last ninety days. 52.40% of the stock is owned by corporate insiders.

Several research analysts recently issued reports on UIHC shares. BidaskClub upgraded United Insurance from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 27th. Wells Fargo & Co restated a “buy” rating and set a $22.00 price objective on shares of United Insurance in a research report on Friday, November 2nd. Keefe, Bruyette & Woods downgraded United Insurance from an “outperform” rating to a “market perform” rating and cut their price objective for the stock from $23.00 to $18.00 in a research report on Monday, November 5th. Finally, ValuEngine downgraded United Insurance from a “buy” rating to a “hold” rating in a research report on Wednesday, January 30th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. United Insurance has a consensus rating of “Hold” and a consensus target price of $21.00.

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United Insurance Company Profile

United Insurance Holdings Corp. operates as a property and casualty insurance holding company that sources, writes, and services residential and commercial property, and casualty insurance policies in the United States. The company offers structure, content, and liability coverage for standard single-family homeowners, renters, and condominium unit owners, as well as dwelling fire policies.

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Earnings History for United Insurance (NASDAQ:UIHC)

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