Universal Insurance Holdings Inc., through its wholly owned subsidiary, Universal Property & Casualty Insurance Company (UPCIC), is currently engaged in insurance underwriting, distribution and claims. Universal Insurance Holdings Inc. has a market cap of $133.4 million; its shares were traded at around $3.38 with a P/E ratio of 5.3 and P/S ratio of 0.6. The dividend yield of Universal Insurance Holdings Inc. stocks is 12.1%. Universal Insurance Holdings Inc. had an annual average earnings growth of 0.3% over the past 5 years.
CEO Bradley Meier recently traded twice in UVE. On 6/5/2012, he sold 50,000 shares of the company at an average price of $3.40. On 6/22/2012, he sold an additional 1,500,000 shares of the company, which was about 10% of his stake in the company. No other insiders have recently traded in the company, nor have other gurus.
Bradley I. Meier has been president, CEO and a director of Universal Insurance Holdings since its inception in November 1990. He has served as president of UPCIC since its formation in April 1997. In 1990, Mr. Meier graduated with a B.S. in economics from the Wharton School of Business at the University of Pennsylvania.
UVE has a predictability rating of 1 star. Average growth rate in the last 10 years was 41.4%, although this growth was not at all steady. For the last 12 months, revenue decreased by 16.6%. Earnings per share have been positive in recent years, but were negative in 2003 and 2004. The company holds $407 million in cash, and owes $21.69 million in long-term debt. UVE has $442 million in accounts receivable.
Below is a graph of the company’s historical revenue per share annually: