Universal Insurance Holdings Inc logo

UVE

Universal Insurance Holdings Inc

$12.68

Earnings Summary

Revenue
$292.01Mn
Net Profits
$5.22Mn
Net Profit Margins
1.79%
PE Ratio
18.57

Highlights

Revenue:

Universal Insurance Holdings Inc’s revenue jumped 4.59% since last year same period to $292.01Mn in the Q2 2022. On a quarterly growth basis, Universal Insurance Holdings Inc has generated 1.57% jump in its revenue since last 3-months.

Net Profits:

Universal Insurance Holdings Inc’s net profit fell -76.2% since last year same period to $5.22Mn in the Q2 2022. On a quarterly growth basis, Universal Insurance Holdings Inc has generated -70.23% fall in its net profits since last 3-months.

Net Profit Margins:

Universal Insurance Holdings Inc’s net profit margin fell -77.25% since last year same period to 1.79% in the Q2 2022. On a quarterly growth basis, Universal Insurance Holdings Inc has generated -70.69% fall in its net profit margins since last 3-months.

PE Ratio:

Universal Insurance Holdings Inc’s price-to-earnings ratio after this Q2 2022 earnings stands at 18.57.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Universal Insurance Holdings Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.36
EPS Estimate Current Year
0.36

Highlights

EPS Estimate Current Quarter:

Universal Insurance Holdings Inc’s earning per share (EPS) estimates for the current quarter stand at 0.36 - a -7.69% fall from last quarter’s estimates.

EPS Estimate Current Year:

Universal Insurance Holdings Inc’s earning per share (EPS) estimates for the current year stand at 0.36.

Key Ratios

Key ratios of the Universal Insurance Holdings Inc post its Q2 2022 earnings

Earning Per Share (EPS)
0.47
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.05
Dividend Per Share (DPS)
0.64

Highlights

Earning Per Share (EPS):

Universal Insurance Holdings Inc’s earning per share (EPS) fell -27.69% since last year same period to 0.47 in the Q2 2022. This indicates that the Universal Insurance Holdings Inc has generated -27.69% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Universal Insurance Holdings Inc’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Universal Insurance Holdings Inc’s return on equity (ROE) stands at 0.05.

Dividend Per Share (DPS):

Universal Insurance Holdings Inc declared 0.64 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-02
0.57
0.64
12.28%
2022-07-29
0.39
0.47
20.51%

Company Information

Universal Insurance Holdings (UVE) is a holding company offering property and casualty insurance and value-added insurance services. The company develops, markets, and writes insurance products for consumers predominantly in the personal residential homeowners lines of business and performs substantially all other insurance-related services for its primary insurance entities, including risk management, claims management and distribution. The company sells insurance products through both its appointed independent agents and through its direct online distribution channels in the United States across 19 states (primarily Florida).

Organisation
Universal Insurance Holdings Inc
Headquarters
Fort Lauderdale, Florida, US
Employees
909
Industry
Finance
CEO
Stephen Donaghy