For its second fiscal quarter (ending June 30), United Insurance Holdings Corp (NASDAQ: UIHC) has reported a -18% decline in E.P.S. from $0.49 a year ago to $0.40 in the current quarter. Relative to the consensus estimate of $0.30, this was a premium of $0.10. E.P.S. were $1.61 for the latest four quarters through June 30 versus $0.60 for the same period a year ago — an increase of 168%.
Recent Price Action
On 8/7/24, United Insurance Holdings Corp (NASDAQ: UIHC) stock was unchanged 0.0%, closing at $11.65. Trading volume in this flat performance was normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -5.1% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, UIHC is expected to continue to be a major Value Builder.
United Insurance Holdings has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. United Insurance Holdings has a neutral Appreciation Score of 54 but a very high Power Rating of 91, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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