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

Universal Insurance Holdings, Inc.

NYSE:UVE

Price
$16.90
Loss Chance
45.2%
5.23JITTA SCORE
35.45%Over Jitta Line
Jitta Ranking
29 / 113
185 / 752
571 / 5,003
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (45)
Recent Business Performance (77)
Financial Strength (69)
Return to Shareholders (41)
Competitive Advantage (60)
Jitta Signs
Share RepurchaseEvery Year
SG&A to SalesDecreasing
Revenue and EarningEarning loss detected in 2022
Operating MarginDeclined
Recent Business PerformanceEarning decline 178.34% in the last year
Key Stats
Jitta Score
Jitta Line
5.23
35.45%
4.30
82.70%
4.87
57.75%
Property and Casualty Insurance
6.88
50.12%
4.64
59.92%
7.16
12.49%
COMPANY DESCRIPTION
Universal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States. It develops, markets, and underwrites insurance products for personal residential insurance, such as homeowners, renters/tenants, condo unit owners, and dwelling/fire; and offers allied lines, coverage for other structures, and personal property, liability, and personal articles coverages. The company also advises on actuarial issues, oversees distribution, administers claims payments, performs policy administration and underwriting, and assists with reinsurance negotiations; places and manages reinsurance programs for the insurance entities; and operates Clovered.com, a digital agency for carrier partners and utilization of digital applications for adjusting claims. It offers its products through a network of independent agents, as well as direct-to-consumer online solutions, including digital insurance agency. 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.