United Fire Group (NASDAQ:UFCS – Get Free Report) released its earnings results on Tuesday. The insurance provider reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.11, FiscalAI reports. United Fire Group had a return on equity of 14.50% and a net margin of 9.06%. The firm had revenue of $391.63 million for the quarter, compared to the consensus estimate of $384.18 million.
United Fire Group Stock Down 12.9%
Shares of NASDAQ UFCS opened at $49.32 on Thursday. United Fire Group has a 52-week low of $32.23 and a 52-week high of $58.19. The firm has a fifty day moving average of $55.07 and a 200-day moving average of $46.85. The stock has a market capitalization of $1.27 billion, a PE ratio of 10.69 and a beta of 0.55. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.15.
United Fire Group Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Friday, September 4th were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.80 annualized dividend and a dividend yield of 1.6%. United Fire Group’s payout ratio is currently 14.87%.
Key Stories Impacting United Fire Group
Here are the key news stories impacting United Fire Group this week:
- Positive Sentiment: Adjusted and diluted earnings were $1.34 per share, above estimates of $1.23; revenue of $391.63 million also exceeded the $384.18 million consensus. Net investment income rose 13% to $29.3 million. United Fire Group reports third-quarter 2026 results
- Negative Sentiment: Net income fell $4.1 million year over year to $35.1 million, and EPS was below the $1.50 reported a year earlier. The profit decline may help explain why investors focused less on the quarterly beat. United Fire Group Q3 income drops
Wall Street Analysts Forecast Growth
UFCS has been the subject of several recent analyst reports. Wall Street Zen cut United Fire Group from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 2nd. 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 increased 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, Weiss Ratings upgraded shares of United Fire Group from a “buy (a-)” rating to a “buy (a)” rating in a report on Thursday, October 8th. Two equities research analysts have rated the stock with a Strong Buy rating and two have assigned a Buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Strong Buy” and an average target price of $52.50.
Check Out Our Latest Stock Analysis on UFCS
Insider Activity at United Fire Group
In related news, Director Scott Carlton sold 9,777 shares of the stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $55.52, for a total value of $542,819.04. Following the transaction, the director directly owned 200,552 shares of the company’s stock, valued at approximately $11,134,647.04. This trade represents a 4.65% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 6.06% of the stock is currently owned by insiders.
United Fire Group Company Profile
United Fire Group, Inc (NASDAQ: UFCS) is an insurance holding company headquartered in Cedar Rapids, Iowa. Through its insurance subsidiaries, the company provides property and casualty insurance products to businesses, individuals, and organizations, primarily through a network of independent insurance agents.
Its product portfolio includes commercial property and liability coverage, commercial automobile insurance, workers’ compensation, surety bonds, and specialty insurance products.
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