Universal Insurance Financials

UVE Stock  USD 22.88  0.29  1.28%   
Based on the measurements of operating efficiency obtained from Universal Insurance's historical financial statements, Universal Insurance Holdings is performing exceptionally good at the present time. It has a great chance to report excellent financial results in December. At present, Universal Insurance's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 358.4 M, whereas Net Debt is projected to grow to (266.7 M). Key indicators impacting Universal Insurance's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.320.3416
Notably Down
Slightly volatile
Current Ratio0.890.9376
Notably Down
Slightly volatile
The essential information of the day-to-day investment outlook for Universal Insurance includes many different criteria found on its balance sheet. An individual investor should monitor Universal Insurance's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Universal Insurance.

Cash And Equivalents

231.65 Million

  
Understanding current and past Universal Insurance Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Universal Insurance's financial statements are interrelated, with each one affecting the others. For example, an increase in Universal Insurance's assets may result in an increase in income on the income statement.
Please note, the presentation of Universal Insurance's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Universal Insurance's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Universal Insurance's management manipulating its earnings.

Universal Insurance Stock Summary

Universal Insurance competes with HCI, Kingstone Companies, Horace Mann, Heritage Insurance, and Donegal Group. Universal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States. Universal Insurance Holdings, Inc. was incorporated in 1990 and is headquartered in Fort Lauderdale, Florida. Universal Insurance operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 1047 people.
Specialization
Financial Services, Insurance - Property & Casualty
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS91359V1070
CUSIP91359V107 91359C307
LocationFlorida; U.S.A
Business Address1110 West Commercial
SectorInsurance
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.universalinsuranceholdings.com
Phone954 958 1200
CurrencyUSD - US Dollar

Universal Insurance Key Financial Ratios

Universal Insurance Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.7B1.8B2.1B2.9B1.9B2.0B
Other Current Liab(213.0M)(69.7M)(215.4M)(404.6M)(233.3M)(221.7M)
Net Debt(172.2M)(158.7M)(146.8M)(285.9M)(280.7M)(266.7M)
Retained Earnings573.6M567.5M563.7M517.5M560.7M588.7M
Accounts Payable122.6M10.3M188.7M403.0M212.8M223.5M
Cash182.1M167.2M250.5M388.7M397.3M417.2M
Other Assets338.0M403.6M411.3M1.3B(603.0M)(572.8M)
Total Liab1.2B1.3B1.6B2.6B1.6B1.6B
Total Current Assets439.2M394.5M501.0M1.5B576.6M334.8M
Short Term Debt90.4M59.4M26.8M0.014.6M13.9M
Intangible Assets91.9M110.6M108.8M103.7M110.0M115.5M
Net Receivables257.1M227.3M250.5M69.6M296.2M152.0M
Common Stock467K468K470K472K542.8K515.7K
Other Liab145.1M135.5M76.4M501.4M576.6M605.4M
Other Current Assets390.2M312.5M370.1M(808.9M)576.6M605.4M
Treasury Stock(130.4M)(196.6M)(225.5M)(227.1M)(204.4M)(194.2M)
Long Term Debt9.9M8.5M103.7M101.3M102.0M107.1M
Net Tangible Assets493.9M449.3M427.4M287.9M331.1M364.1M
Long Term Debt Total9.9M8.5M102.2M101.3M116.5M122.3M
Capital Surpluse96.0M103.4M108.2M112.5M129.4M82.9M
Inventory(390.2M)(312.5M)(370.1M)1.0B(787.7M)(748.3M)

Universal Insurance Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense248K102K652K6.6M6.5M6.9M
Total Revenue939.4M1.1B1.1B1.2B1.4B1.5B
Gross Profit939.4M982.1M1.0B1.2B1.4B1.5B
Operating Income55.5M15.7M20.8M(12.5M)1.1B1.1B
Ebit55.5M24.3M29.1M(21.3M)94.9M48.1M
Ebitda60.5M29.4M36.0M(14.0M)102.2M107.3M
Income Before Tax63.5M24.2M28.4M(27.2M)88.3M49.5M
Net Income46.5M19.1M20.4M(22.3M)66.8M70.2M
Income Tax Expense17.0M5.1M8.0M(5.0M)21.5M19.7M
Cost Of Revenue99.2M603.4M90.6M88.1M101.3M130.9M
Tax Provision17.0M5.1M8.0M(5.0M)21.5M24.7M
Net Interest Income(248K)(102K)(652K)(6.6M)(6.5M)(6.2M)

Universal Insurance Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash15.7M(4.9M)73.3M138.2M8.6M13.6M
Free Cash Flow73.3M12.1M227.2M319.6M67.0M75.6M
Other Non Cash Items(20.9M)(89.4M)(23.1M)(3.8M)11.8M12.4M
Capital Expenditures11.3M17.2M7.2M4.9M4.0M3.4M
Net Income46.5M19.1M20.4M(22.3M)66.8M70.2M
End Period Cash Flow184.7M179.9M253.1M391.3M399.9M419.9M
Depreciation5.0M5.1M6.9M7.3M7.3M7.7M
Dividends Paid26.1M24.6M24.2M23.8M23.3M15.4M
Change To Netincome15.4M12.4M(21.6M)(11.9M)(13.7M)(14.4M)
Change Receivables(251.1M)188.1M(9.7M)(50.2M)(45.2M)(42.9M)
Investments736K73.8M(234.2M)(148.9M)(23.3M)(24.5M)

Universal Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Universal Insurance's current stock value. Our valuation model uses many indicators to compare Universal Insurance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Universal Insurance competition to find correlations between indicators driving Universal Insurance's intrinsic value. More Info.
Universal Insurance Holdings is rated third in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about  0.13  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Universal Insurance Holdings is roughly  7.90 . At present, Universal Insurance's Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value Universal Insurance by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Universal Insurance Systematic Risk

Universal Insurance's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Universal Insurance volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Universal Insurance correlated with the market. If Beta is less than 0 Universal Insurance generally moves in the opposite direction as compared to the market. If Universal Insurance Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Universal Insurance is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Universal Insurance is generally in the same direction as the market. If Beta > 1 Universal Insurance moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Universal Insurance Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Universal Insurance's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Universal Insurance growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.0165)

At present, Universal Insurance's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Universal Insurance November 23, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Universal Insurance help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Universal Insurance Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Universal Insurance Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Universal Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Universal Insurance's daily price indicators and compare them against related drivers.

Complementary Tools for Universal Stock analysis

When running Universal Insurance's price analysis, check to measure Universal Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Universal Insurance is operating at the current time. Most of Universal Insurance's value examination focuses on studying past and present price action to predict the probability of Universal Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Insurance's price. Additionally, you may evaluate how the addition of Universal Insurance to your portfolios can decrease your overall portfolio volatility.
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