Universal Insurance Q2 revenue beats expectations, premiums rise 3.2%

Universal Insurance Holdings

24/07/2025 21:40

Overview

Universal Insurance Q2 revenue rises 5.2%, beating analysts' expectations

Adjusted EPS for Q2 beats consensus, rising to $1.23

Direct premiums written up 3.2%, driven by growth in other states

Outlook

Company optimistic about improving Florida market conditions

Universal sees favorable underwriting trends continuing

Result Drivers

PREMIUM GROWTH - Direct premiums written increased 3.2%, driven by 25.4% growth in other states, offset by a 2.5% decline in Florida

INVESTMENT INCOME - Net investment income rose due to higher fixed income reinvestment yields and increased invested assets

UNDERWRITING TRENDS - Favorable underwriting trends in Florida market contributed to strong adjusted ROCE, per CEO Stephen J. Donaghy

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$400.14 mln
$360 mln (1 Analyst)
Q2 Core Revenue
$400.92 mln
Q2 Adjusted EPS
Beat
$1.23
$1.12 (2 Analysts)
Q2 Adjusted Net Income
Beat
$35.68 mln
$31.40 mln (1 Analyst)
Q2 Net Income
$35.09 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the property & casualty insurance peer group is "buy"

Wall Street's median 12-month price target for Universal Insurance Holdings Inc is $29.00, about 12.2% above its July 23 closing price of $25.46

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nBwc9STzKa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)