Universal Reports First Quarter 2024 Results [Yahoo! Finance]
UNIVERSAL INSURANCE HOLDINGS INC (UVE)
NASDAQ:AMEX Investor Relations:
universalinsuranceholdings.com
Company Research
Source: Yahoo! Finance
Annualized return on average common equity ("ROCE") of 38.1%, annualized adjusted* return on average common equity of 29.4% Direct premiums written of $446.2 million, up 8.8% from the prior year quarter Book value per share of $12.68, up 20.0% year-over-year; adjusted book value per share of $15.34, up 13.5% year-over-year Total capital returned to shareholders of $8.9 million, including $4.1 million of share repurchases and a $0.16 per share regular dividend FORT LAUDERDALE, Fla., April 25, 2024 BUSINESS WIRE )--Universal Insurance Holdings (NYSE: UVE) ("Universal" or the "Company") reported first quarter 2024 results. "It was a strong quarter, including a 29.4% annualized adjusted return on common equity and 35.4% adjusted diluted EPS growth year-over-year," said Stephen J. Donaghy, Chief Executive Officer. "Results were solid across the board, including profitable underwriting that was complemented by our non-underwriting operations, which is a testament to our different
Show less
Read more
Impact Snapshot
Event Time:
UVE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UVE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UVE alerts
High impacting UNIVERSAL INSURANCE HOLDINGS INC news events
Weekly update
A roundup of the hottest topics
UVE
News
- Universal Insurance Holdings First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Universal Insurance Holdings, Inc. (NYSE: UVE) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Universal Reports First Quarter 2024 ResultsBusiness Wire
- Universal Declares Regular Cash Dividend & Announces Earnings DatesBusiness Wire
- Universal Insurance Holdings, Inc. (NYSE: UVE) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
UVE
Earnings
- 4/25/24 - Beat
UVE
Analyst Actions
- 2/27/24 - TheStreet
UVE
Sec Filings
- 5/3/24 - Form 4
- 5/2/24 - Form 144
- 4/30/24 - Form 10-Q
- UVE's page on the SEC website