United Fire Group (UFCS) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

May 12, 2026

Before Open (Confirmed)

Period Ending

2026 (Q1)

Consensus EPS Forecast

0.96

Last Year’s EPS

0.7

Same Quarter Last Year

Analyst Consensus

Hold

Based on 1 Analysts Ratings

Earnings Call Summary

Q4 2025

Earnings Call Date:Feb 10, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call communicated a strong, positive trajectory: sizable improvements in underwriting profit, ROE, book value, net written premium growth, and investment income alongside record new business production and successful reinsurance renewals. Management emphasized conservative reserving and disciplined underwriting while investing in technology to drive future efficiency. Notable challenges include moderated property pricing, pressure in the umbrella/other liability line, and some reinsurance rate compression. Overall, the positive financial improvements and clear capital returns (dividend increase) meaningfully outweigh the operational and market headwinds discussed.

Company Guidance

Management guided that United Fire Group enters 2026 well‑positioned with a modeled annual expected catastrophe loss ratio below 5% and a near‑term expense‑ratio run rate of roughly 35% (with a gradual decline of ~0.5 points/year assuming ~10% premium growth); they highlighted 2025 context including net written premium up 9% to >$1.3B, record new business of $247M, underwriting profit of $67M (vs. $9M in 2024), a combined ratio of 94.8%, underlying loss ratios of 55.4% (Q4) / 56.3% (FY), Q4 catastrophe 1.2% (FY 3.2%), net investment income up ~20% (fixed‑income income +17%) with new purchase yields ≈5% and a ~10% larger fixed‑maturity portfolio in Q4, $100M of limited partnerships returning $2.4M in the quarter (~10% annualized), operating EPS shown at $4.00 (from $1.09), book value per share $36.88 (from $29.36, >25% growth), ROE 13.7%, Q4 EPS $1.45 (adjusted $1.50), a 25% dividend increase to $0.20/share, a 1.0M‑share buyback authorization, and disciplined reinsurance/treaty positioning (including ~10% exposure‑adjusted rate decreases on core multi‑line and surety treaties with modestly higher retention) as they pursue continued profitable growth toward mid‑teens returns.

Record Growth in Net Written Premium

Full-year net written premium grew 9% year-over-year to more than $1.3 billion. Net written premium increased from $984 million in 2022 to $1.3 billion in 2025, reflecting an 11% compounded annual growth rate (2022–2025).

Substantial Improvement in Underwriting Profit

Underwriting profit rose from $9 million in 2024 to $67 million in 2025 (an increase of ~644% year-over-year), turning the company from underwriting loss territory in prior years to a material underwriting profit in 2025.

Material Gains in Investment Income and Fixed Income Portfolio

Net investment income improved year-over-year (management noted nearly 20% Y/Y growth). Since 2022, annual investment income increased from $45 million to $98 million (more than doubled). The fixed income portfolio generated ~17% more income than the prior year and new purchase yields are ~5%.

Strong Earnings, Book Value, and ROE Improvement

Operating earnings per share improved to $4.00 (up from $1.09 in 2022; more than fourfold since 2022). Return on equity climbed to 13.7% (from 2% in 2022), the best in nearly two decades. Book value per share increased to $36.88 from $29.36 (a >25% increase since 2022).

Improved Combined and Loss Ratios

Annual combined ratio improved to 94.8%. Underlying loss ratio improved to 55.4% in Q4 and to 56.3% for the full year (an improvement of 1.6 points for the year), with favorable frequency and stabilized severity trends.

Record New Business and Growth in Target Lines

Record new business production of $247 million in 2025 (nearly twice the amount generated since the transformation began). Specialty E&S and surety delivered double-digit net written premium growth; alternative distribution (Lloyd's and programs) grew mid-single digits for the year.

Catastrophe Performance and Reinsurance Renewal Wins

Fourth quarter catastrophe loss ratio was 1.2% and full-year catastrophe loss ratio was 3.2%, outperforming expectations. Management modeled annual expected catastrophe losses below 5% for 2026. The 1/1 reinsurance renewals produced lower ceded margins, expanded coverage, and a 10% exposure-adjusted rate decrease in the core multi-line treaty while improving terms and retention economics.

Capital Management Actions — Dividend Increase and Flexible Buyback

Board declared a 25% increase in the quarterly cash dividend from $0.16 to $0.20 per share. Board also maintains a share repurchase authorization of 1 million shares to provide flexibility in capital return strategy.

Operational Efficiency and Technology Investments

Expense discipline produced a Q4 expense ratio of 35.7% (improved 1.4 points Y/Y). Management targets a ~35% run rate in the near term with a longer-term gradual decline (management estimates roughly -0.5 points per year assuming ~10% growth) driven by technology investments (policy admin system, underwriter workbench, AI tools).

United Fire Group (UFCS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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UFCS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
May 12, 2026	2026 (Q1)	0.96 / -	0.7	―	―	―
Feb 10, 2026	2025 (Q4)	1.07 / 1.50	1.25	20.00% (+0.25)
Nov 04, 2025	2025 (Q3)	0.81 / 1.50	0.81	85.19% (+0.69)
Aug 05, 2025	2025 (Q2)	0.55 / 0.90	-0.07	1385.71% (+0.97)
May 06, 2025	2025 (Q1)	0.64 / 0.70	0.56	25.00% (+0.14)
Feb 11, 2025	2024 (Q4)	0.75 / 1.25	0.65	92.31% (+0.60)
Nov 05, 2024	2024 (Q3)	0.33 / 0.81	0.31	161.29% (+0.50)
Aug 06, 2024	2024 (Q2)	-0.02 / -0.07	-2.27	96.92% (+2.20)
May 07, 2024	2024 (Q1)	0.47 / 0.56	0.08	600.00% (+0.48)
Feb 13, 2024	2023 (Q4)	0.55 / 0.65	0.18	261.11% (+0.47)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

UFCS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 10, 2026	$35.94	$38.52	+7.17%
Nov 04, 2025	$30.60	$35.10	+14.69%
Aug 05, 2025	$26.40	$28.29	+7.17%
May 06, 2025	$28.02	$26.73	-4.58%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does United Fire Group (UFCS) report earnings?

United Fire Group (UFCS) is schdueled to report earning on May 12, 2026, Before Open (Confirmed).

What is United Fire Group (UFCS) earnings time?

United Fire Group (UFCS) earnings time is at May 12, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

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What is UFCS EPS forecast?

UFCS EPS forecast for the fiscal quarter 2026 (Q1) is 0.96.