Universal Insurance Holdings Inc (UVE)
NYSE:UVE
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Earnings Data
Report Date
Jul 23, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.43Last Year’s EPS
1.23Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong profitability and capital management positives: very high adjusted ROE (38.5%), a ~38.9% increase in adjusted diluted EPS, improved combined and loss ratios, expanded multiyear reinsurance protection, share repurchases and a dividend. Offsetting items were modest top-line growth (core revenue +0.8%, net premiums earned +0.3%), a higher net expense ratio (+1.3 points) and some competitive and disclosure uncertainties. On balance, the positive operational and capital outcomes outweigh the limited growth and expense pressures.Company Guidance
Exceptional Return on Equity
Universal reported a 38.5% annualized adjusted return on common equity for the quarter, indicating very strong profitability and capital efficiency.
Adjusted Diluted EPS Growth
Adjusted diluted earnings per common share were $2.00 versus $1.44 in the prior-year quarter, an increase of $0.56 (approximately +38.9%), driven mainly by a lower net loss ratio and higher net investment income.
Premium Growth — Direct Written
Direct premiums written were $506.5 million, up 8.5% year-over-year. Growth drivers included a 4.9% increase in Florida and an 18.3% increase in other states, reflecting higher policies in force and inflation adjustments across the multistate footprint.
Top-Line and Core Revenue Stability
Core revenue was $398.2 million, up 0.8% year-over-year, with growth primarily from higher net investment income and net premiums earned. Direct premiums earned were $531.4 million, up 3.5% year-over-year.
Improved Loss Metrics and Combined Ratio
The net combined ratio improved to 89.7%, down 5.3 points year-over-year. The net loss ratio was 63.9%, down 6.6 points versus the prior-year quarter, reflecting better current accident year results.
Reinsurance Program Secured and Expanded
The company completed its 2026-2027 reinsurance renewal and secured full support for the program. Additionally, it obtained $352 million of multiyear coverage, extending protection through the 2027-2028 treaty period.
Capital Return Actions
During the quarter, Universal repurchased approximately 210,000 shares for $7.1 million and has approximately $13.1 million remaining under its current share repurchase authorization. The Board also declared a quarterly cash dividend of $0.16 per share.
Stable Reinsurance Structure
Management confirmed retention levels remain unchanged at $45 million and continuation of captive usage for the $66 million layer above $45 million for the first event, maintaining structural consistency with the prior year.
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 |
|---|---|---|---|
Apr 23, 2026 | $35.18 | $39.48 | +12.22% |
Feb 24, 2026 | $31.77 | $32.55 | +2.48% |
Oct 23, 2025 | $28.24 | $31.62 | +11.95% |
Jul 24, 2025 | $24.27 | $22.47 | -7.43% |
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 Jul 23, 2026, After Close (Confirmed).
What is Universal Insurance Holdings Inc (UVE) earnings time?
Universal Insurance Holdings Inc (UVE) earnings time is at Jul 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 (Q2) is 1.43.