Sidoti Csr Has Negative Forecast for Universal Q3 Earnings

Universal Corporation (NYSE:UVVFree Report) – Stock analysts at Sidoti Csr cut their Q3 2026 earnings per share estimates for Universal in a report released on Monday, November 10th. Sidoti Csr analyst D. Harriman now forecasts that the company will earn $1.92 per share for the quarter, down from their previous estimate of $1.94.

Universal (NYSE:UVVGet Free Report) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $1.36 EPS for the quarter, topping analysts’ consensus estimates of $1.18 by $0.18. Universal had a return on equity of 8.46% and a net margin of 3.51%.The firm had revenue of $754.18 million during the quarter, compared to the consensus estimate of $704.30 million.

Several other analysts have also commented on UVV. Wall Street Zen raised shares of Universal from a “hold” rating to a “buy” rating in a research note on Friday, August 22nd. Zacks Research upgraded Universal from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 30th. Finally, Weiss Ratings cut Universal from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, October 24th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Universal currently has an average rating of “Buy”.

Check Out Our Latest Stock Analysis on UVV

Universal Stock Performance

Shares of UVV opened at $53.79 on Wednesday. The firm has a fifty day moving average of $54.03 and a 200-day moving average of $56.12. The company has a market cap of $1.34 billion, a price-to-earnings ratio of 13.09, a price-to-earnings-growth ratio of 5.74 and a beta of 0.73. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.98 and a current ratio of 2.49. Universal has a 1 year low of $49.40 and a 1 year high of $67.33.

Universal Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Monday, January 12th will be given a dividend of $0.82 per share. The ex-dividend date of this dividend is Monday, January 12th. This represents a $3.28 dividend on an annualized basis and a yield of 6.1%. Universal’s dividend payout ratio (DPR) is presently 73.87%.

Insider Activity

In related news, COO Airton L. Hentschke sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $54.94, for a total transaction of $549,400.00. Following the transaction, the chief operating officer owned 135,129 shares of the company’s stock, valued at approximately $7,423,987.26. This trade represents a 6.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert C. Sledd sold 4,617 shares of Universal stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $53.25, for a total transaction of $245,855.25. Following the completion of the sale, the director owned 15,698 shares of the company’s stock, valued at $835,918.50. This trade represents a 22.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 1.90% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Byrne Asset Management LLC bought a new stake in Universal in the second quarter worth $30,000. EverSource Wealth Advisors LLC boosted its stake in shares of Universal by 265.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 719 shares of the company’s stock worth $42,000 after acquiring an additional 522 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new position in shares of Universal during the 2nd quarter valued at about $44,000. Hantz Financial Services Inc. raised its stake in shares of Universal by 63.2% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,343 shares of the company’s stock valued at $78,000 after acquiring an additional 520 shares in the last quarter. Finally, CWM LLC lifted its holdings in Universal by 32.6% in the 3rd quarter. CWM LLC now owns 1,522 shares of the company’s stock worth $85,000 after purchasing an additional 374 shares during the last quarter. Institutional investors own 81.00% of the company’s stock.

About Universal

(Get Free Report)

Universal Corporation processes and supplies leaf tobacco and plant-based ingredients worldwide. The company operates through two segments, Tobacco Operations; and Ingredients Operations. It is involved in the procuring, financing, processing, packing, storing, and shipping leaf tobacco for sale to manufacturers of consumer tobacco products.

Further Reading

Earnings History and Estimates for Universal (NYSE:UVV)

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