Universal Common Stock Shares Outstanding from 2010 to 2024
UVE Stock | USD 22.88 0.29 1.28% |
Common Stock Shares Outstanding | First Reported 1991-06-30 | Previous Quarter 29.3 M | Current Value 28.4 M | Quarterly Volatility 9.2 M |
Check Universal Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Universal Insurance's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.7 M, Interest Expense of 6.9 M or Total Revenue of 1.5 B, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0571 or PTB Ratio of 1.47. Universal financial statements analysis is a perfect complement when working with Universal Insurance Valuation or Volatility modules.
Universal | Common Stock Shares Outstanding |
Latest Universal Insurance's Common Stock Shares Outstanding Growth Pattern
Below is the plot of the Common Stock Shares Outstanding of Universal Insurance Holdings over the last few years. It is the total number of shares of a company's common stock that are currently owned by all its shareholders. Universal Insurance's Common Stock Shares Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Universal Insurance's overall financial position and show how it may be relating to other accounts over time.
Common Stock Shares Outstanding | 10 Years Trend |
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Common Stock Shares Outstanding |
Timeline |
Universal Common Stock Shares Outstanding Regression Statistics
Arithmetic Mean | 33,993,699 | |
Geometric Mean | 33,667,982 | |
Coefficient Of Variation | 13.53 | |
Mean Deviation | 3,387,028 | |
Median | 35,150,000 | |
Standard Deviation | 4,600,291 | |
Sample Variance | 21.2T | |
Range | 18.6M | |
R-Value | (0.27) | |
Mean Square Error | 21.1T | |
R-Squared | 0.07 | |
Significance | 0.33 | |
Slope | (276,777) | |
Total Sum of Squares | 296.3T |
Universal Common Stock Shares Outstanding History
About Universal Insurance Financial Statements
Universal Insurance stakeholders use historical fundamental indicators, such as Universal Insurance's Common Stock Shares Outstanding, to determine how well the company is positioned to perform in the future. Although Universal Insurance investors may analyze each financial statement separately, they are all interrelated. For example, changes in Universal Insurance's assets and liabilities are reflected in the revenues and expenses on Universal Insurance's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Universal Insurance Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 30.1 M | 32.3 M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Universal Insurance is a strong investment it is important to analyze Universal Insurance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Universal Insurance's future performance. For an informed investment choice regarding Universal Stock, refer to the following important reports:Check out the analysis of Universal Insurance Correlation against competitors. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Universal Insurance. If investors know Universal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Universal Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.301 | Dividend Share 0.64 | Earnings Share 2.48 | Revenue Per Share 52.62 | Quarterly Revenue Growth 0.076 |
The market value of Universal Insurance is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal Insurance's value that differs from its market value or its book value, called intrinsic value, which is Universal Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Universal Insurance's market value can be influenced by many factors that don't directly affect Universal Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Universal Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.