United Stock Today

UFCS
 Stock
  

USD 29.96  0.62  2.11%   

Market Performance
1 of 100
Odds Of Distress
Less than 4
United Fire is selling at 29.96 as of the 14th of August 2022; that is 2.11 percent up since the beginning of the trading day. The stock's lowest day price was 29.04. United Fire has only four percent chance of going through some form of financial distress over the next 2 years but had a somewhat weak performance during the last 90 days. Equity ratings for United Fire Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of June 2022 and ending today, the 14th of August 2022. Click here to learn more.
CUSIP
910331107
Fiscal Year End
December
Business Domain
Insurance
IPO Date
26th of March 1990
Category
Financial Services
Classification
Financials
ISIN
US9103401082
United Fire Group, Inc., together with its subsidiaries, provides property and casualty insurance for individuals and businesses in the United States. United Fire Group, Inc. was founded in 1946 and is headquartered in Cedar Rapids, Iowa. United Fire operates under InsuranceProperty Casualty classification in the United States and is traded on NASDAQ Exchange. The company has 25.08 M outstanding shares of which 398.73 K shares are at this time shorted by private and institutional investors with about 3.24 trading days to cover. More on United Fire Group

Moving against United Fire

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Follow Valuation Options Odds of Bankruptcy
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United Fire Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. United Fire's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding United Fire or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
United Fire Group has very high historical volatility over the last 90 days
The company currently holds 50 M in liabilities with Debt to Equity (D/E) ratio of 0.06, which may suggest the company is not taking enough advantage from borrowing. United Fire Group has a current ratio of 0.29, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist United Fire until it has trouble settling it off, either with new capital or with free cash flow. So, United Fire's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like United Fire Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for United to invest in growth at high rates of return. When we think about United Fire's use of debt, we should always consider it together with cash and equity.
United Fire Group has a poor financial position based on the latest SEC disclosures
About 64.0% of United Fire outstanding shares are owned by institutional investors
On 17th of June 2022 United Fire paid $ 0.16 per share dividend to its current shareholders
Latest headline from www.washingtonpost.com: Peloton to cut nearly 800 jobs, raise prices amid declining sales - The Washington Post
CEORandy Ramlo
Average Analyst Recommendation
Analysts covering United Fire report their recommendations after researching United Fire's financial statements, talking to executives and customers, or listening in on United Fire's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering United Fire Group. The United consensus assessment is calculated by taking the average forecast from all of the analysts covering United Fire.
Strong Buy2 Opinions
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of United Fire Group based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of United Fire Group financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares27.9 M25.1 M
Significantly Up
Increasing
Very volatile
Weighted Average Shares Diluted28.1 M25.5 M
Significantly Up
Increasing
Stable
Net Cash Flow from Operations30.7 M29.9 M
Fairly Up
Decreasing
Slightly volatile
Total Assets3.6 BB
Fairly Up
Decreasing
Stable
Total Liabilities2.7 B2.1 B
Fairly Up
Decreasing
Slightly volatile
Total Debt54.2 M54.6 M
Slightly Down
Decreasing
Slightly volatile
Return on Average Assets2.862.6501
Significantly Up
Decreasing
Very volatile
Gross Margin0.340.36
Notably Down
Increasing
Slightly volatile
Asset Turnover0.30.3506
Fairly Down
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of United Fire's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
United Fire's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to United Fire's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand United Fire's financial leverage. It provides some insight into what part of United Fire's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on United Fire's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how United Fire deploys its capital and how much of that capital is borrowed.
Liquidity
United Fire cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 50 M in liabilities with Debt to Equity (D/E) ratio of 0.06, which may suggest the company is not taking enough advantage from borrowing. United Fire Group has a current ratio of 0.29, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist United Fire until it has trouble settling it off, either with new capital or with free cash flow. So, United Fire's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like United Fire Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for United to invest in growth at high rates of return. When we think about United Fire's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

30.7 Million
United Fire Group (UFCS) is traded on NASDAQ Exchange in USA and employs 1,086 people. The company currently falls under 'Small-Cap' category with current market capitalization of 751.42 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate United Fire's market, we take the total number of its shares issued and multiply it by United Fire's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. United Fire Group conducts business under Financial Services sector and is part of Insurance—Property & Casualty industry. The entity has 25.08 M outstanding shares of which 398.73 K shares are at this time shorted by private and institutional investors with about 3.24 trading days to cover. United Fire Group currently holds about 109.8 M in cash with 12 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.37.
Check United Fire Probability Of Bankruptcy
Ownership
United Fire Group shows a total of twenty-five million eighty thousand outstanding shares. Over half of United Fire Group outstanding shares are owned by institutional holders. These institutional holders are typically referred to corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in United Fire Group. Please watch out for any change in the institutional holdings of United Fire as this could mean something significant has changed or about to change at the company. Please note that no matter how much assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check United Ownership Details

United Stock Price Odds Analysis

What are United Fire's target price odds to finish over the current price? In regard to a normal probability distribution, the odds of United Fire jumping above the current price in 90 days from now is about 84.49%. The United Fire Group probability density function shows the probability of United Fire stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days United Fire has a beta of 0.6979. This usually implies as returns on the market go up, United Fire average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding United Fire Group will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0506, implying that it can generate a 0.0506 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 29.96HorizonTargetOdds Above 29.96
15.39%90 days
 29.96 
84.49%
Based on a normal probability distribution, the odds of United Fire to move above the current price in 90 days from now is about 84.49 (This United Fire Group probability density function shows the probability of United Stock to fall within a particular range of prices over 90 days) .

United Stock Institutional Holders

Institutional Holdings refers to the ownership stake in United Fire that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of United Fire's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing United Fire's value.
InstituionSecurity TypeTotal SharesValue
New York State Common Retirement FundCommon Shares279.9 K9.6 M
Allspring Global Investments Holdings LlcCommon Shares233.3 KM
View United Fire Diagnostics

United Fire Historical Income Statement

United Fire Group Income Statement is one of the three primary financial statements used for reporting United's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of United Fire Group revenue and expense. United Fire Income Statement primarily focuses on the company's revenues and expenses during a particular period.
United Fire Weighted Average Shares is relatively stable at the moment as compared to the past year. United Fire reported last year Weighted Average Shares of 25.09 Million. As of 08/14/2022, Weighted Average Shares Diluted is likely to grow to about 28.1 M, while Gross Profit is likely to drop slightly above 295.1 M. View More Fundamentals

United Stock Against Markets

Picking the right benchmark for United Fire stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in United Fire stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for United Fire is critical whether you are bullish or bearish towards United Fire Group at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in United Fire without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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United Fire Corporate Directors

United Fire corporate directors refer to members of an United Fire board of directors. The board of directors generally takes responsibility for the United Fire's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of United Fire's board members must vote for the resolution. The United Fire board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
JohnPaul Besong - Independent DirectorProfile
Christopher Drahozal - Independent DirectorProfile
Brenda Clancy - Independent DirectorProfile
Casey Mahon - Independent DirectorProfile

Invested in United Fire Group?

You need to understand the risk of investing before taking a position in United Fire. The danger of trading United Fire Group is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of United Fire is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than United Fire. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile United Fire Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Also, please take a look at World Market Map. Note that the United Fire Group information on this page should be used as a complementary analysis to other United Fire's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running United Fire Group price analysis, check to measure United Fire's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United Fire is operating at the current time. Most of United Fire's value examination focuses on studying past and present price action to predict the probability of United Fire's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move United Fire's price. Additionally, you may evaluate how the addition of United Fire to your portfolios can decrease your overall portfolio volatility.
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Is United Fire's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of United Fire. If investors know United will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about United Fire listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.51
Market Capitalization
754.6 M
Quarterly Revenue Growth YOY
-0.1
Return On Assets
0.0172
Return On Equity
0.0815
The market value of United Fire Group is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Fire's value that differs from its market value or its book value, called intrinsic value, which is United Fire's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United Fire's market value can be influenced by many factors that don't directly affect United Fire's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between United Fire's value and its price as these two are different measures arrived at by different means. Investors typically determine United Fire value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Fire's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.