Universal Insurance Q4 revenue rises 6% yr/yr

Universal Insurance Holdings

24/02/2026 21:20

Overview

Insurance provider's Q4 revenue rose 6% yr/yr

Adjusted EPS for Q4 increased significantly compared to last year

Company announced new $20 mln share repurchase program in January

Outlook

Universal is negotiating its 2026 reinsurance program with 90% of catastrophe tower placed

Company has secured multi-year capacity for 2027 hurricane season

Result Drivers

REVENUE GROWTH - Higher net premiums earned and net investment income contributed to a 6% increase in total revenue

PREMIUMS INCREASE - Direct premiums written rose 2.7% due to 18.2% growth in other states, offsetting a 3.1% decline in Florida

LOSS RATIO IMPROVEMENT - Net loss ratio decreased by 21 points, reflecting better current accident year results and absence of Hurricane Milton

Company press release: ID:nBw482VQPa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$407.93 mln
$372.99 mln (1 Analyst)
Q4 Core Revenue
$403.57 mln
Q4 Adjusted Net Income
$63.30 mln
Q4 Net Income
$66.59 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 $40.00, about 32.3% above its February 23 closing price of $30.23

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

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