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How to buy Universal Insurance stock | $14.87

Own Universal Insurance stock in just a few minutes.

Fact checked

Universal Insurance Holdings, Inc is an insurance-property & casualty business based in the US. Universal Insurance shares (UVE) are listed on the NYSE and all prices are listed in US Dollars. Universal Insurance employs 805 staff and has a trailing 12-month revenue of around USD$1 billion.

How to buy shares in Universal Insurance

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Universal Insurance. Find the stock by name or ticker symbol: UVE. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Universal Insurance reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$14.87, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Universal Insurance, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Universal Insurance. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Universal Insurance share price

Use our graph to track the performance of UVE stocks over time.

Universal Insurance shares at a glance

Information last updated 2020-12-28.
Latest market closeUSD$14.87
52-week rangeUSD$11.7394 - USD$26.868
50-day moving average USD$14.443
200-day moving average USD$16.0711
Wall St. target priceUSD$15
PE ratio 46.3056
Dividend yield USD$0.64 (4.37%)
Earnings per share (TTM) USD$0.272

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Universal Insurance stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Universal Insurance price performance over time

Historical closes compared with the close of $14.87 from 2020-12-18

1 week (2021-01-05) -1.72%
1 month (2020-12-11) 2.98%
3 months (2020-10-12) 2.91%
6 months (2020-07-11) N/A
1 year (2020-01-11) N/A
2 years (2019-01-11) -60.59%
3 years (2018-01-12) 28.6
5 years (2016-01-12) 19.66

Is Universal Insurance under- or over-valued?

Valuing Universal Insurance stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Universal Insurance's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Universal Insurance's P/E ratio

Universal Insurance's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 46x. In other words, Universal Insurance shares trade at around 46x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Universal Insurance's EBITDA

Universal Insurance's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$19.1 million.

The EBITDA is a measure of a Universal Insurance's overall financial performance and is widely used to measure a its profitability.

Universal Insurance financials

Revenue TTM USD$1 billion
Gross profit TTM USD$335.9 million
Return on assets TTM -0.57%
Return on equity TTM -2.74%
Profit margin -1.38%
Book value $15.152
Market capitalisation USD$466.1 million

TTM: trailing 12 months

Shorting Universal Insurance shares

There are currently 979,452 Universal Insurance shares held short by investors – that's known as Universal Insurance's "short interest". This figure is 15.8% down from 1.2 million last month.

There are a few different ways that this level of interest in shorting Universal Insurance shares can be evaluated.

Universal Insurance's "short interest ratio" (SIR)

Universal Insurance's "short interest ratio" (SIR) is the quantity of Universal Insurance shares currently shorted divided by the average quantity of Universal Insurance shares traded daily (recently around 269080.21978022). Universal Insurance's SIR currently stands at 3.64. In other words for every 100,000 Universal Insurance shares traded daily on the market, roughly 3640 shares are currently held short.

However Universal Insurance's short interest can also be evaluated against the total number of Universal Insurance shares, or, against the total number of tradable Universal Insurance shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Universal Insurance's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Universal Insurance shares in existence, roughly 30 shares are currently held short) or 0.0416% of the tradable shares (for every 100,000 tradable Universal Insurance shares, roughly 42 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Universal Insurance.

Find out more about how you can short Universal Insurance stock.

Universal Insurance share dividends

We're not expecting Universal Insurance to pay a dividend over the next 12 months.

Have Universal Insurance's shares ever split?

Universal Insurance's shares were split on a 1:4 basis on 6 December 1994. So if you had owned 4 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Universal Insurance shares – just the quantity. However, indirectly, the new 300% higher share price could have impacted the market appetite for Universal Insurance shares which in turn could have impacted Universal Insurance's share price.

Universal Insurance share price volatility

Over the last 12 months, Universal Insurance's shares have ranged in value from as little as $11.7394 up to $26.868. A popular way to gauge a stock's volatility is its "beta".

UVE.US volatility(beta: 1.01)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Universal Insurance's is 1.0079. This would suggest that Universal Insurance's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Universal Insurance overview

Universal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States. The company develops, markets, and underwrites insurance products for personal residential homeowner's insurance. It also offers personal residential insurance, such as homeowners, renters/tenants, condo unit owners, and dwelling/fire, and commercial residential multi-peril; and allied lines, coverage for other structures, and personal property, as well as liability and personal articles coverages. In addition, the company provides policy and claims administration, and reinsurance intermediary services, as well as operates Universal Direct, a direct-to-consumer online platform, which enables homeowners to directly purchase, pay for, and bind homeowners' policies. It offers its products through a network of independent agents. The company was formerly known as Universal Heights, Inc. and changed its name to Universal Insurance Holdings, Inc. in January 2001. Universal Insurance Holdings, Inc. was founded in 1990 and is headquartered in Fort Lauderdale, Florida.

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