How to Buy Universal Insurance Holdings Stock
Universal Insurance Holdings Inc
Universal Insurance Holdings is a property & casualty insurance company located in Florida, United States, which is part of the Financial Services sector, and is traded under the ticker UVE on the NYSE exchange.
Universal Insurance Holdings stock last closed at $19.81, up 0.46% from the previous day, and has increased 23.2% in one year. It has underperformed other stocks in the Insurance - Property & Casualty industry by 0.01 percentage points. Universal Insurance Holdings stock is currently +77.59% from its 52-week low of $11.16, and -11.48% from its 52-week high of $22.38.
At the moment, there are 28.76M UVE shares outstanding. The market value of UVE is $569.72M. In the past 24 hours, 163,183 UVE shares were traded.
How to Buy Universal Insurance Holdings Stock
Not sure how to invest in Universal Insurance Holdings stock? Here's how.
- Figure out where to buy Universal Insurance Holdings stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy Universal Insurance Holdings stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Choose your payment method and add your details.
- Evaluate Universal Insurance Holdings stock: The Universal Insurance Holdings ticker symbol is UVE. Is Universal Insurance Holdings stock a good investment? Should you buy shares of UVE? How do UVE's underlying business fundamentals look? Do top analysts think Universal Insurance Holdings is a good buy? Why has UVE's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if UVE is a good stock to buy).
- Execute your UVE purchase: Decide if you will purchase UVE shares at the current market price or use a limit order to buy UVE stock at a given price.
- Get key alerts regarding your investment in UVE: Create a watchlist to keep tabs on your investment in Universal Insurance Holdings shares.
Step 1: Figure out where to buy Universal Insurance Holdings stock
You will need an online brokerage account in order to access the NYSE market and buy UVE stock.
Our preferred brokerage: eToro
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal info so you can buy UVE stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to open your new brokerage account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've filled out your info on the best stock market app, you need to deposit funds:
Watch the tutorial below for more details transferring money into your investment account.
Step 4: Evaluate Universal Insurance Holdings stock
Once you have chosen the best place to buy Universal Insurance Holdings stock, it's very important to analyze their stock before you buy, so you can understand the risk and opportunity.
Universal Insurance Holdings shares at a glance
UVE Fundamentals
WallStreetZen was created to help average investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on UVE's stock page.
Is UVE stock undervalued?
You can use many financial metrics, analyses, models, and charts to gauge UVE's true value.
Using relative valuations metrics:
- UVE could be undervalued based on its P/E ratio of 7.65x, relative to Insurance - Property & Casualty industry P/E ratio of 19.97x
- UVE may be undervalued based on its P/B ratio of 1.56x, relative to Insurance - Property & Casualty industry P/B ratio of 2.17x
You can access additional valuation analysis on UVE's stock here.
A quick look at UVE Financials
Positive Financial Indicators:
- UVE profit margin has gone up from -1.2% to 5.3% in the past year.
- UVE's operating cash flow of $204.14M allows it to safely service it's debt of $101.82M.
- UVE earnings of $109.56M is not enough to cover its interest payments.
Negative Financial Indicators:
- Total UVE debt is higher than 5 years ago, relative to shareholder equity.
- UVE has a relatively high debt to equity ratio of 4.81.
Is Universal Insurance Holdings stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Wall Street analysts who research UVE, the consensus analyst rating on Universal Insurance Holdings is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Universal Insurance Holdings stock forecast page.
Metrics for Advanced UVE Traders
Is UVE Growing Revenue?
Last year, UVE earnings were $76.31M. During the past 5 year, UVE's earnings have grown by -5.13% per year. This was slower than the Insurance - Property & Casualty industry average of 13.01%.
Last year, UVE revenue was $1.44B. In the past five year, UVE's revenue has grown by 10.68% per year. This was slower than the Insurance - Property & Casualty industry average of 11.53%.
Dig into UVE's earnings and revenue performance here.
Who is buying/selling UVE?
In the last year, insiders at UVE have sold more shares than they have bought.
Sean P. Downes, Executive Chairman of UVE, was the latest UVE insider to sell. They sold $394,440.00 worth of UVE stock on May 2, 2024.
Learn more about who owns UVE shares here.
Does UVE provide a stable income stream?
Universal Insurance Holdings pays a dividend of 3.89%, compared to the Insurance - Property & Casualty industry's average dividend yield of 2.52%. If you owned $1,000 worth of UVE stock, you would have received $38.87 in the past 12 months.
Universal Insurance Holdings dividend payments have consistently grown over the past decade but have not remained stable.
Find more data about Universal Insurance Holdings dividend yield and history here.
What do other traders have to say about UVE?
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your UVE purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually fine for most investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific price limit, place a limit order.
Hit the Open Trade button and eToro will place your order.
If you need more help buying stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your investment in UVE
Now that you own some UVE shares, you'll want to keep up with your new stock purchase.
Create a watchlist to track your UVE stock.
UVE Feed
How to Buy Stock in Universal Insurance Holdings
To summarize, here are the 6 steps for buying Universal Insurance Holdings stock:
- Figure out where to buy Universal Insurance Holdings stock
- Create your brokerage account
- Put funds into your brokerage account
- Evaluate Universal Insurance Holdings stock
- Execute your UVE purchase
- Get key alerts regarding your investment in UVE
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to watch your investment in Universal Insurance Holdings, create a watchlist on WallStreetZen today.
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