United Fire Group (NASDAQ:UFCS) Hits New 52-Week High – What’s Next?

Posted by George Bondi on Oct 20th, 2026

United Fire Group, Inc (NASDAQ:UFCS – Get Free Report) reached a new 52-week high during trading on Tuesday. The company traded as high as $57.50 and last traded at $57.3610, with a volume of 9,649 shares changing hands. The stock had previously closed at $56.44.

Analysts Set New Price Targets

Several brokerages have weighed in on UFCS. Weiss Ratings raised shares of United Fire Group from a “buy (a-)” rating to a “buy (a)” rating in a research note on Thursday, October 8th. Zacks Research raised shares of United Fire Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, September 17th. Piper Sandler upped their price objective on shares of United Fire Group from $57.00 to $60.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Finally, Wall Street Zen cut shares of United Fire Group from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 2nd. Two investment analysts have rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company’s stock. According to data from MarketBeat, United Fire Group presently has a consensus rating of “Strong Buy” and an average target price of $52.50.

Get Our Latest Report on United Fire Group

United Fire Group Price Performance

The company has a 50 day moving average of $54.42 and a 200 day moving average of $49.59. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.34 and a current ratio of 0.34. The stock has a market capitalization of $1.47 billion, a price-to-earnings ratio of 10.63 and a beta of 0.47.

United Fire Group (NASDAQ:UFCS – Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The insurance provider reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.61. The company had revenue of $383.73 million for the quarter, compared to analyst estimates of $347.76 million. United Fire Group had a return on equity of 15.19% and a net margin of 9.57%. As a group, equities research analysts anticipate that United Fire Group, Inc will post 4.97 EPS for the current year.

United Fire Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Friday, September 4th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.4%. United Fire Group’s payout ratio is currently 14.87%.

Insider Buying and Selling at United Fire Group

In related news, Director Scott Carlton sold 9,777 shares of the firm’s stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $55.52, for a total value of $542,819.04. Following the sale, the director owned 200,552 shares of the company’s stock, valued at $11,134,647.04. This trade represents a 4.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 6.06% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in United Fire Group during the 2nd quarter worth approximately $183,136,000. Dimensional Fund Advisors LP increased its position in shares of United Fire Group by 0.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,489,968 shares of the insurance provider’s stock valued at $55,219,000 after purchasing an additional 12,329 shares during the last quarter. Bank of America Corp DE acquired a new stake in shares of United Fire Group in the 2nd quarter valued at $24,936,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of United Fire Group in the 2nd quarter valued at $9,720,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of United Fire Group in the 2nd quarter valued at $9,689,000. Hedge funds and other institutional investors own 62.68% of the company’s stock.

About United Fire Group

(Get Free Report)

United Fire Group, Inc (NASDAQ:UFCS) is an insurance holding company headquartered in Cedar Rapids, Iowa. Through its subsidiaries, the company provides property and casualty insurance products to businesses and individuals, primarily through a network of independent insurance agents.

United Fire Group offers commercial insurance covering areas such as commercial property, general liability, commercial automobile, workers’ compensation and surety bonds. Its personal insurance products include automobile and homeowners coverage.