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United Fire Group Completes $30 Million Note Placement

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United Fire Group Completes $30 Million Note Placement

Elevate Your Investing Strategy:

United Fire Group ( (UFCS) ) has issued an announcement.

On July 10, 2025, United Fire Group, Inc. announced the successful completion of a $30 million private placement of senior unsecured 9.0% Series B notes due May 31, 2039. The proceeds from this offering, led by Ares Alternative Credit funds, will be used to support the company’s anticipated growth and general corporate purposes, enhancing its financial position in the insurance industry.

The most recent analyst rating on (UFCS) stock is a Buy with a $32.00 price target. To see the full list of analyst forecasts on United Fire Group stock, see the UFCS Stock Forecast page.

Spark’s Take on UFCS Stock

According to Spark, TipRanks’ AI Analyst, UFCS is a Outperform.

United Fire Group’s strong financial performance and positive earnings call sentiment are the primary drivers of its score. The stock’s reasonable valuation and consistent dividend payments further support its appeal. However, technical indicators suggest potential short-term weakness, and operational challenges remain a concern.

To see Spark’s full report on UFCS stock, click here.

More about United Fire Group

Founded in 1946 as United Fire & Casualty Company, United Fire Group, Inc. (UFG) is a property and casualty insurance holding company. It operates through its insurance subsidiaries, writing property and casualty insurance across 50 states and the District of Columbia, represented by approximately 1,000 independent agencies. The company holds an ‘A-‘ (Excellent) rating from AM Best.

Average Trading Volume: 107,330

Technical Sentiment Signal: Buy

Current Market Cap: $702.2M

Learn more about UFCS stock on TipRanks’ Stock Analysis page.

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