News stories about United Fire Group (NASDAQ:UFCS) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. United Fire Group earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave press coverage about the insurance provider an impact score of 48.129808973239 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
United Fire Group (NASDAQ UFCS) opened at $47.75 on Monday. United Fire Group has a 1-year low of $38.95 and a 1-year high of $49.74. The company has a market cap of $1,189.56, a price-to-earnings ratio of 24.12 and a beta of 0.55.
United Fire Group (NASDAQ:UFCS) last issued its quarterly earnings data on Wednesday, February 14th. The insurance provider reported $0.89 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.41. United Fire Group had a net margin of 4.58% and a return on equity of 2.42%. The business had revenue of $272.70 million during the quarter. During the same quarter last year, the company posted $0.46 earnings per share.
UFCS has been the subject of several research reports. Sidoti upgraded shares of United Fire Group from a “neutral” rating to a “buy” rating in a report on Thursday, February 15th. BidaskClub lowered shares of United Fire Group from a “hold” rating to a “sell” rating in a report on Tuesday, December 12th. Finally, ValuEngine lowered shares of United Fire Group from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. United Fire Group has a consensus rating of “Hold” and a consensus target price of $46.33.
In related news, VP David E. Conner sold 4,485 shares of the stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $45.11, for a total value of $202,318.35. Following the completion of the transaction, the vice president now directly owns 14,382 shares in the company, valued at approximately $648,772.02. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 5.83% of the stock is currently owned by corporate insiders.
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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.
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