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Universal Insurance Holdings Inc (UVE)
NYSE:UVE
Earnings Data
Report Date
Apr 23, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
1.39Last Year’s EPS
1.44Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong profitability and improving underwriting metrics (adjusted ROE >46%, adjusted EPS up materially, lower combined and loss ratios), robust capital and reinsurance positioning, and geographic growth outside Florida. Offsetting items include a modest decline in Florida premiums, a slight rise in the expense ratio, and the fact some improvement is aided by favorable prior-year comparables (Hurricane Milton). Management portrayed a favorable competitive position and high retention but acknowledged industry-wide competition and regulatory risks. Overall, positives materially outweigh the negatives.Company Guidance
Very Strong Adjusted Return on Equity
Adjusted return on common equity exceeded 46%, reflecting high profitability for the quarter.
Sharp Increase in Adjusted EPS
Adjusted diluted earnings per common share were $2.17 versus $0.25 in the prior year quarter, driven by a lower net loss ratio, higher net premiums earned, and higher net investment income.
Revenue and Premium Growth
Core revenue was $403.6 million, up 4.4% year-over-year. Direct premiums written were $483.7 million, up 2.7% YoY; direct premiums earned were $538.0 million, up 3.6% YoY; net premiums earned were $363.4 million, up 4.3% YoY.
Significant Improvement in Combined and Loss Ratios
Net combined ratio improved to 87.5%, down 20.4 percentage points YoY. Net loss ratio was 61.3%, down 21.0 points YoY, reflecting better current accident year results and the absence of Hurricane Milton in the current quarter comparison.
Capital Actions and Shareholder Returns
Repurchased ~210,000 shares for $6.9 million during the quarter and announced a new repurchase program of up to $20 million through January 8, 2028. The Board declared a regular quarterly cash dividend of $0.16 per common share.
Strengthened Reinsurance and Reserve Position
Management reports the company's reserves are the strongest in its history and a substantial portion of the 2026 first-event catastrophe reinsurance tower is already placed, along with meaningful multiyear capacity secured for 2027.
Geographic Growth Outside Florida
Other states segment saw 18.2% growth in direct premiums written, supporting overall top-line growth and expansion across the multistate footprint.
Improved Retention and Competitive Position
Management reported best-ever retention levels, favorable agency relationships, and selective market openings that have delivered incremental business in newly entered markets.
UVE 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
UVE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 24, 2026 | $31.91 | $32.70 | +2.48% |
Oct 23, 2025 | $28.37 | $31.76 | +11.95% |
Jul 24, 2025 | $24.38 | $22.57 | -7.42% |
Apr 24, 2025 | $22.88 | $23.11 | +1.01% |
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 Universal Insurance Holdings Inc (UVE) report earnings?
Universal Insurance Holdings Inc (UVE) is schdueled to report earning on Apr 23, 2026, After Close (Confirmed).
What is Universal Insurance Holdings Inc (UVE) earnings time?
Universal Insurance Holdings Inc (UVE) earnings time is at Apr 23, 2026, After Close (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 UVE EPS forecast?
UVE EPS forecast for the fiscal quarter 2026 (Q1) is 1.39.