United Fire Group (UFCS)
NASDAQ:UFCS
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Earnings Data
Report Date
Aug 11, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.69Last Year’s EPS
0.9Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated strong operational and financial momentum: record net written premium, improved combined and expense ratios, double-digit investment income growth, expanding alternative distribution, and solid earnings and ROE. Headwinds include intensifying competition (notably in E&S), some pressure in assumed reinsurance, moderated returns from limited partnerships, and increased unrealized investment losses due to higher interest rates. Overall, positive execution and growth prospects outweigh the manageable market and investment headwinds.Company Guidance
Record Net Written Premium and Strong Top-Line Growth
Net written premium increased 12% in Q1 2026 (9% excluding certain ceded premium transactions), delivering record net written premium and disciplined growth across the portfolio.
Improved Profitability and Combined Ratio Momentum
Company achieved nearly a four-point improvement in the combined ratio year-over-year and reported an underlying loss ratio of 57% for the quarter, reflecting improved portfolio quality.
Double-Digit Net Investment Income Growth
Net investment income grew 15% to $27 million in Q1; fixed maturity income was $24.9 million, up 18%, with new money yields around 5% and fixed maturity portfolio size up nearly $300 million over the past four quarters.
Core Commercial and New Business Momentum
Core commercial net written premium grew 11% driven by small business, middle market and construction; new business grew 14% and average rate achieved was 4.3% for the quarter.
Alternative Distribution Expansion
Alternative distribution net written premium increased 13% year-over-year; expanded Funds at Lloyd's capacity with an additional $20 million of stamp capacity supporting four new syndicates for 2026, benefiting from Lloyd's A+ market rating and current rate environment.
Expense Ratio Improvement and Operational Leverage
Expense ratio improved 3.0 points to 34.9% versus prior year (about two points from completion of policy administration system costs and one point from growth); management expects further gradual reduction (roughly 60–70 bps year-over-year assuming 10% growth).
Strong Earnings, ROE and Capital Metrics
Reported Q1 net income EPS of $1.15 and non-GAAP adjusted operating income of $1.16 per diluted share; return on equity approximately 13%; book value per common share $37.06 and adjusted book value $38.61 (up $0.74); declared and paid $0.20 per share dividend.
Lower Catastrophe Impact
First quarter catastrophe loss ratio was 3.7%, 1.3 points below prior year and below the company's historical five- and ten-year averages, reflecting improved catastrophe risk profile.
UFCS Earnings History
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 |
|---|---|---|---|
May 05, 2026 | $39.85 | $43.01 | +7.93% |
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% |
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 Aug 11, 2026, Before Open (Confirmed).
What is United Fire Group (UFCS) earnings time?
United Fire Group (UFCS) earnings time is at Aug 11, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is UFCS EPS forecast?
UFCS EPS forecast for the fiscal quarter 2026 (Q2) is 0.69.