UVE: Universal Insurance Holdings, Inc. - Summary | Jitta

Universal Insurance Holdings, Inc.

NYSE:UVE

Price
$38.66
Loss Chance
43.1%
5.89JITTA SCORE
58.73%Under Jitta Line
Jitta Ranking
34 / 110
184 / 701
426 / 4,218
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (61)
Recent Business Performance (86)
Financial Strength (89)
Return to Shareholders (55)
Competitive Advantage (59)
Jitta Signs
Recent Business PerformanceEarning Growth Last Year
Share RepurchaseEvery Year
Revenue and EarningEarning loss detected in 2022
Operating MarginInconsistent
Key Stats
Jitta Score
Jitta Line
5.89
58.73%
5.37
29.32%
5.48
87.43%
Property and Casualty Insurance
7.47
44.94%
7.34
36.89%
6.21
32.00%
COMPANY DESCRIPTION
Universal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States. The company offers insurance products for personal residential insurance, such as homeowners, renters and tenants, condo unit owners, and dwelling and fire; and allied lines, coverage for other structures, and personal property, liability, and personal articles coverages. It also advises on actuarial issues, oversees distribution, administers claims payments, performs policy administration and underwriting, and assists with reinsurance negotiations; evaluates insurance risk and exposures on an individual and portfolio basis and assists the insurance entities with pricing risks; places and manages its reinsurance programs; and operates its digital insurance agency, Clovered.com. It offers its products through its independent agency network, direct-to-consumer online distribution, and digital insurance agency platform. The company was formerly known as Universal Heights, Inc. and changed its name to Universal Insurance Holdings, Inc. in January 2001. Universal Insurance Holdings, Inc. was incorporated in 1990 and is headquartered in Fort Lauderdale, Florida.