Universal Insurance Q3 revenue rises on higher net investment income

Universal Insurance Holdings

23/10/2025 21:18

Overview

Universal Insurance Q3 revenue grows 3.5% yr/yr

Diluted GAAP EPS for Q3 was $1.38, adjusted EPS was $1.36

Company returned $12.8 mln to shareholders, including share repurchases and dividends

Outlook

Company did not provide specific future financial guidance in its press release

Result Drivers

PREMIUM GROWTH - Direct premiums written increased 3.2%, driven by 22.2% growth in other states, offsetting a 2.6% decrease in Florida

LOSS RATIO IMPROVEMENT - Net loss ratio decreased by 21.5 points due to absence of hurricanes this quarter

INVESTMENT INCOME - Higher net investment income contributed to revenue growth, driven by higher fixed income reinvestment yields and invested assets

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$400.98 mln
$366.35 mln (1 Analyst)
Q3 Core Revenue
$400.03 mln
Q3 Adjusted Net Income
$39.11 mln
Q3 Net Income
$39.82 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

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 2.4% above its October 21 closing price of $28.29

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nBw4wK6hca

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)