Equities analysts expect United Insurance Holdings Corp (NASDAQ:UIHC) to report earnings of $0.57 per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for United Insurance’s earnings, with the highest EPS estimate coming in at $0.62 and the lowest estimate coming in at $0.52. United Insurance reported earnings of ($0.49) per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 216.3%. The firm is scheduled to issue its next earnings results on Monday, February 19th.

According to Zacks, analysts expect that United Insurance will report full year earnings of $0.75 per share for the current year. For the next fiscal year, analysts anticipate that the business will post earnings of $2.10 per share, with EPS estimates ranging from $1.80 to $2.40. Zacks Investment Research’s EPS calculations are an average based on a survey of analysts that cover United Insurance.

United Insurance (NASDAQ:UIHC) last announced its quarterly earnings data on Monday, November 6th. The insurance provider reported ($0.50) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.79) by $0.29. United Insurance had a negative net margin of 4.54% and a negative return on equity of 2.29%.

UIHC has been the topic of several research reports. Wells Fargo & Co restated a “buy” rating and issued a $18.00 price target on shares of United Insurance in a report on Tuesday, November 7th. Keefe, Bruyette & Woods restated a “buy” rating and issued a $20.00 price target on shares of United Insurance in a report on Friday, December 22nd. BidaskClub upgraded shares of United Insurance from a “sell” rating to a “hold” rating in a report on Friday, December 29th. Zacks Investment Research upgraded shares of United Insurance from a “strong sell” rating to a “hold” rating in a report on Friday. Finally, ValuEngine lowered shares of United Insurance from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $19.00.

In other news, Director Alec Poitevint II acquired 1,500 shares of the company’s stock in a transaction dated Friday, December 15th. The shares were bought at an average price of $16.71 per share, for a total transaction of $25,065.00. Following the completion of the purchase, the director now directly owns 20,000 shares of the company’s stock, valued at approximately $334,200. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Michael Hogan acquired 2,500 shares of the company’s stock in a transaction dated Tuesday, December 12th. The shares were purchased at an average price of $16.45 per share, for a total transaction of $41,125.00. Following the purchase, the director now directly owns 57,438 shares of the company’s stock, valued at $944,855.10. The disclosure for this purchase can be found here. Company insiders own 22.60% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. acquired a new stake in shares of United Insurance during the second quarter worth approximately $330,000. Vanguard Group Inc. grew its position in shares of United Insurance by 3.8% during the second quarter. Vanguard Group Inc. now owns 977,451 shares of the insurance provider’s stock worth $15,376,000 after buying an additional 35,477 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of United Insurance by 3.1% during the second quarter. Dimensional Fund Advisors LP now owns 806,004 shares of the insurance provider’s stock worth $12,679,000 after buying an additional 24,555 shares in the last quarter. Mutual of America Capital Management LLC grew its position in shares of United Insurance by 133.7% during the second quarter. Mutual of America Capital Management LLC now owns 236,368 shares of the insurance provider’s stock worth $3,718,000 after buying an additional 135,233 shares in the last quarter. Finally, Icon Advisers Inc. Co. grew its position in shares of United Insurance by 30.4% during the second quarter. Icon Advisers Inc. Co. now owns 93,600 shares of the insurance provider’s stock worth $1,472,000 after buying an additional 21,800 shares in the last quarter. Institutional investors own 31.54% of the company’s stock.

United Insurance (UIHC) traded up $0.22 during midday trading on Monday, reaching $18.79. United Insurance has a 12 month low of $13.05 and a 12 month high of $18.86. The company has a market cap of $803.34, a price-to-earnings ratio of -23.49, a PEG ratio of 0.45 and a beta of 1.54.

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United Insurance Company Profile

United Insurance Holdings Corp. is a property and casualty insurance holding company that sources, writes and services residential property and casualty insurance policies using a network of agents and a group of insurance subsidiaries. The Company’s insurance subsidiary is United Property & Casualty Insurance Company.

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