News headlines about United Fire Group (NASDAQ:UFCS) have been trending somewhat positive on Wednesday, Accern Sentiment reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. United Fire Group earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave press coverage about the insurance provider an impact score of 45.429570137186 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Several research analysts have issued reports on the stock. BidaskClub cut shares of United Fire Group from a “hold” rating to a “sell” rating in a report on Wednesday, August 9th. Sandler O’Neill upgraded shares of United Fire Group from a “hold” rating to a “buy” rating and increased their target price for the stock from $46.00 to $47.00 in a report on Friday, September 22nd.
Shares of United Fire Group (NASDAQ:UFCS) traded up 0.26% on Wednesday, reaching $46.51. 41,581 shares of the company’s stock traded hands. The firm’s 50 day moving average is $43.38 and its 200 day moving average is $43.47. United Fire Group has a 52 week low of $37.54 and a 52 week high of $50.75. The firm has a market capitalization of $1.16 billion, a P/E ratio of 25.54 and a beta of 0.75.
United Fire Group (NASDAQ:UFCS) last announced its quarterly earnings data on Wednesday, August 2nd. The insurance provider reported $0.05 EPS for the quarter, missing the Zacks’ consensus estimate of $0.11 by ($0.06). United Fire Group had a return on equity of 4.33% and a net margin of 4.07%. The company had revenue of $284.30 million for the quarter. Analysts expect that United Fire Group will post $1.60 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, September 1st were given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.41%. The ex-dividend date was Wednesday, August 30th. United Fire Group’s dividend payout ratio is presently 61.20%.
About United Fire Group
United Fire Group, Inc, formerly United Fire & Casualty Company, is engaged in the business of writing property and casualty insurance and life insurance and selling annuities. The Company operates in two segments: property and casualty insurance, and life insurance. The Company’s property and casualty insurance segment consists of commercial lines insurance, including surety bonds, personal lines insurance and assumed insurance.
Receive News & Ratings for United Fire Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Fire Group Inc and related companies with MarketBeat.com's FREE daily email newsletter.