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

Universal Insurance Holdings, Inc.

NYSE:UVE

Price
$12.75
Loss Chance
46.7%
5.08JITTA SCORE
76.76%Over Jitta Line
Jitta Ranking
66 / 117
520 / 735
2,619 / 5,115
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (27)
Recent Business Performance (51)
Financial Strength (74)
Return to Shareholders (37)
Competitive Advantage (59)
Jitta Signs
Share RepurchaseEvery Year
SG&A to SalesDecreasing
Revenue and EarningEarning decline from 2018-2021
Operating MarginInconsistent
Recent Business PerformanceEarning decline 33.01% in the last quarter (yoy)
Key Stats
Jitta Score
Jitta Line
5.08
76.76%
4.49
122.48%
5.43
86.26%
Property and Casualty Insurance
7.24
16.75%
4.86
62.58%
5.62
51.40%
COMPANY DESCRIPTION
Universal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States. The company 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. It 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, an online platform in which consumers receive side-by-side quotes from various carriers across multiple states, as well as educational materials about homeowners’ insurance policies. It offers its products through a network of independent agents, as well as Universal Direct, a direct-to-consumer online platform, which enables homeowners to directly purchase, pay for, and bind homeowners’ policies. 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.