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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 $19.76, down 0.3% from the previous day, and has increased 26.75% in one year. It has overperformed other stocks in the Insurance - Property & Casualty industry by 0.05 percentage points. Universal Insurance Holdings stock is currently +77.14% from its 52-week low of $11.16, and -11.71% from its 52-week high of $22.38.

At the moment, there are 28.76M UVE shares outstanding. The market value of UVE is $568.28M. In the past 24 hours, 151,314 UVE shares were traded.

How to Buy Universal Insurance Holdings Stock

Not sure how to invest in Universal Insurance Holdings stock? Here's how.
  1. 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.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Put funds into your brokerage account: Choose your payment method and add your details.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

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Step 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.

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  1. Click here to get started.
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  2. Input your personal data to open your new brokerage account.
  1. Send your details by hitting the "Create Account" button.
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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.

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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 Price
$19.76
1w %
6.58%
1y %
26.75%
5y %
-25.57%
P/E
7.63x
P/B
1.56x
P/S
0.4x
PEG
N/A
Revenue
$1.44B
Earnings
$76.31M
Fore. Rev. Growth
-3.66%
Fore. Earn. Growth
-11.2%
Market Cap
$568.28M
Next Earnings
Jul 25, 2024
Next Dividend
Aug 9, 2024

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 7.63x, relative to Insurance - Property & Casualty industry P/E ratio of 18.23x
  • UVE may be undervalued based on its P/B ratio of 1.56x, relative to Insurance - Property & Casualty industry P/B ratio of 2.28x

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

SMA10
18.83
SMA20
18.67
SMA50
19.2
SMA100
19.46
SMA200
17.74
MACD
0.12
MACD Signal
-0.09
MACD Histogram
0.21
RSI
61.26
Stochastic %K
93.06
Stochastic %D
87.1
StochRSI %K
98.88
StochRSI %D
99.63

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 18.72%.

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 11.33%.

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 $366,280.00 worth of UVE stock on Jun 14, 2024.

Learn more about who owns UVE shares here.

Does UVE provide a stable income stream?

Universal Insurance Holdings pays a dividend of 3.9%, compared to the Insurance - Property & Casualty industry's average dividend yield of 2.49%. If you owned $1,000 worth of UVE stock, you would have received $38.97 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:

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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:

  1. Figure out where to buy Universal Insurance Holdings stock
  2. Create your brokerage account
  3. Put funds into your brokerage account
  4. Evaluate Universal Insurance Holdings stock
  5. Execute your UVE purchase
  6. 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 Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to watch your investment in Universal Insurance Holdings, create a watchlist on WallStreetZen today.

NYSE: UVE
$19.76-0.06 (-0.3%)
Updated Jul 18, 2024
Open eToro Account
NYSE: UVE
$19.76-0.06 (-0.3%)
Updated Jul 18, 2024
Open eToro Account

FAQ

How much does it cost to buy one Universal Insurance Holdings share?

As of Jul 18, 2024, it costs $19.76 to buy one share of Universal Insurance Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $9, you can buy 0.455 shares of UVE.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Universal Insurance Holdings stock?

According to 1 Wall Street analysts who monitor Universal Insurance Holdings, their consensus recommendation is to buy Universal Insurance Holdings stock.

What is the best way to buy Universal Insurance Holdings stock?

One way to place an order for Universal Insurance Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.