Somewhat Positive Press Coverage Somewhat Unlikely to Impact United Insurance Holdings Corp. (UIHC) Share Price

News headlines about United Insurance Holdings Corp. (NASDAQ:UIHC) have trended somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. United Insurance Holdings Corp. earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned media stories about the insurance provider an impact score of 45.8813606271834 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the news articles that may have impacted Accern’s scoring:

Several equities analysts have recently issued reports on the company. Zacks Investment Research upgraded United Insurance Holdings Corp. from a “sell” rating to a “hold” rating in a research report on Saturday, August 12th. BidaskClub upgraded United Insurance Holdings Corp. from a “sell” rating to a “hold” rating in a research report on Friday, August 11th. Wells Fargo & Company restated a “buy” rating on shares of United Insurance Holdings Corp. in a research report on Wednesday, August 9th. JMP Securities upgraded United Insurance Holdings Corp. from an “underperform” rating to a “market perform” rating in a research report on Wednesday, August 9th. Finally, ValuEngine upgraded United Insurance Holdings Corp. from a “sell” rating to a “hold” rating in a research report on Wednesday, June 14th. Four research analysts have rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the company’s stock. United Insurance Holdings Corp. currently has a consensus rating of “Buy” and an average price target of $16.17.

Shares of United Insurance Holdings Corp. (NASDAQ:UIHC) traded down 0.665% during trading on Tuesday, hitting $15.675. The company had a trading volume of 59,258 shares. United Insurance Holdings Corp. has a 12-month low of $9.52 and a 12-month high of $17.81. The stock has a 50-day moving average of $15.85 and a 200 day moving average of $15.83. The stock has a market capitalization of $666.77 million, a price-to-earnings ratio of 103.808 and a beta of 1.61.

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 28th. Stockholders of record on Monday, August 21st were given a dividend of $0.06 per share. The ex-dividend date was Thursday, August 17th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.52%. United Insurance Holdings Corp.’s dividend payout ratio (DPR) is 1,200.00%.

ILLEGAL ACTIVITY WARNING: This news story was originally published by Stock Observer and is the sole property of of Stock Observer. If you are reading this news story on another domain, it was copied illegally and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this news story can be read at https://www.thestockobserver.com/2017/09/12/somewhat-positive-press-coverage-somewhat-unlikely-to-impact-united-insurance-holdings-corp-uihc-share-price.html.

About United Insurance Holdings Corp.

United Insurance Holdings Corp. is a property and casualty insurance holding company that sources, writes and services residential property and casualty insurance policies using a network of agents and a group of insurance subsidiaries. The Company’s insurance subsidiary is United Property & Casualty Insurance Company.

Insider Buying and Selling by Quarter for United Insurance Holdings Corp. (NASDAQ:UIHC)

Receive News & Ratings for United Insurance Holdings Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Insurance Holdings Corp. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply