Universal Insurance Holdings Inc (UVE) Files 10-K for the Fiscal Year Ended on December 31, 2018

Universal Insurance Holdings Inc (UVE, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Universal Insurance Holdings Inc is a vertically integrated insurance holding company, which through its various subsidiaries, covers insurance underwriting, distribution, claims processing and exposure management. Universal Insurance Holdings Inc has a market cap of $1.15 billion; its shares were traded at around $32.80 with a P/E ratio of 7.32 and P/S ratio of 1.46. The dividend yield of Universal Insurance Holdings Inc stocks is 1.83%.

For the last quarter Universal Insurance Holdings Inc reported a revenue of $206.2 million, compared with the revenue of $190.2 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $823.8 million, an increase of 9.6% from last year. For the last five years Universal Insurance Holdings Inc had an average revenue growth rate of 23.5% a year.

The reported diluted earnings per share was $3.27 for the year, an increase of 9.4% from previous year. Over the last five years Universal Insurance Holdings Inc had an EPS growth rate of 14.5% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Universal Insurance Holdings Inc has the cash and cash equivalents of $166.4 million, compared with $213.5 million in the previous year. The long term debt was $11.4 million, compared with $12.9 million in the previous year. Universal Insurance Holdings Inc has a financial strength rank of 6 (out of 10).

At the current stock price of $32.80, Universal Insurance Holdings Inc is traded at 32.7% premium to its historical median P/S valuation band of $24.72. The P/S ratio of the stock is 1.46, while the historical median P/S ratio is 1.09. The stock gained 13.96% during the past 12 months.

Directors and Officers Recent Trades:

  • President and CRO Jon Springer sold 7,000 shares of UVE stock on 02/11/2019 at the average price of $38.3. The price of the stock has decreased by 14.36% since.

For the complete 20-year historical financial data of UVE, click here.