Universal Insurance
Writes homeowners-focused property insurance through agents and digital channels.
Something off on this page? Send us feedback.
Profile
Develops, underwrites, and services personal residential property insurance, mainly homeowners coverage, through UPCIC and American Platinum. The business runs as one integrated segment, sells across a multi-state footprint, and remains concentrated in Florida.
Develops, markets, and underwrites personal residential property-and-casualty insurance, centered on homeowners coverage. Through Universal Property & Casualty and American Platinum, the group also writes renters, condo, dwelling/fire, liability, personal property, and personal articles coverages.
Sells across a multi-state footprint through independent agents, direct online channels, and Clovered, with Florida still the core market. The operating model is vertically integrated, with in-house underwriting, distribution support, claims management, and reinsurance placement functions.
Execution depends on catastrophe modeling, claims discipline, reinsurance availability, and Florida insurance regulation. Citizens Property Insurance Corporation also shapes competition when its rates lag admitted-market pricing.
Company facts
Key statistics
Year to date +36.8% · Average volume (30d) 206.8K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Jul 27, 2026 | Piper Sandler | Reiterate | Neutral | $44 | $45 | |
| Jul 15, 2026 | Piper Sandler | Downgrade | Overweight | Neutral | $40 | $44 |
| Dec 22, 2025 | Piper Sandler | Reiterate | Overweight | $40 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 23, 2026Q2 FY26 | $1.43 | $1.84 | +28.7% | $614.6M | $621.3M | +1.1% | +10.43% |
| Apr 23, 2026Q1 FY26 | $1.39 | $2.00 | +43.9% | $481.1M | $506.5M | +5.3% | +12.22% |
| Feb 24, 2026Q4 FY25 | $1.30 | $2.17 | +66.9% | $485.0M | $483.7M | −0.3% | +2.48% |
| Oct 23, 2025Q3 FY25 | $1.10 | $1.36 | +23.6% | $373.0M | $401.0M | +7.5% | +11.95% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $394.9M | $400.1M | $401.0M | $406.0M | $391.5M | $425.0M | |
| Gross profit | $83.7M | $78.0M | $85.1M | $183.2M | $163.4M | $180.4M | |
| Operating income | $55.5M | $46.4M | $52.8M | $88.5M | $71.7M | $79.6M | |
| Net income | $41.4M | $35.1M | $39.8M | $66.6M | $54.3M | $59.2M | |
| Diluted EPS | $1.44 | $1.21 | $1.38 | $2.31 | $1.88 | $2.04 | |
| Gross margin | 21.2% | 19.5% | 21.2% | 45.1% | 41.7% | 42.5% | |
| Operating margin | 14.0% | 11.6% | 13.2% | 21.8% | 18.3% | 18.7% |
Fiscal years (4-quarter sums)FY21 $1.12B · FY22 $1.22B · FY23 $1.39B · FY24 $1.52B · FY25 $1.60B
Balance sheet, Jun 30, 2026Cash & short-term investments $703.8M · Total debt $97.9M · Total assets $3.31B · Shareholders' equity $637.2M
Dividends
Raised for 13 straight years. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jul 31, 2026 | Jul 31 | Aug 7 | $0.16 | |
| May 8, 2026 | May 8 | May 15 | $0.16 | |
| Mar 6, 2026 | Mar 6 | Mar 13 | $0.16 | |
| Dec 5, 2025 | Dec 5 | Dec 12 | $0.29 | special dividend |
| Aug 1, 2025 | Aug 1 | Aug 8 | $0.16 | |
| May 9, 2025 | May 9 | May 16 | $0.16 | |
| Mar 7, 2025 | Mar 7 | Mar 14 | $0.16 | |
| Dec 6, 2024 | Dec 6 | Dec 13 | $0.29 | special dividend |
Ownership
Shares outstanding 27.83M · Float 25.28M · 90.9% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 2.68M | 9.64% | 13F | Aug 7, 2026 |
| Dimensional Fund Advisors LP | 1.29M | 4.65% | 13F | Aug 11, 2026 |
| Sean P. Downes · director, officer: Executive Chairman | 1.15M | 4.14% | Form 4 | Aug 7, 2026 |
| Vanguard Capital Management LLC | 1.11M | 3.99% | 13F | Aug 13, 2026 |
| American Century Companies Inc | 1.11M | 3.98% | 13F | Aug 12, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 5, 2026 | Sean P. Downes | director, officer: Executive Chairman | −20,000 | $44.27 |
| Jun 11, 2026 | Sean P. Downes | director, officer: Executive Chairman | −20,000 | $38.22 |
| May 15, 2026 | Sean P. Downes | director, officer: Executive Chairman | −20,000 | $38.73 |
| May 13, 2026 | Michael Pietrangelo | director | −4,500 | $39.29 |
| May 12, 2026 | Michael Pietrangelo | director | −3,000 | $39.55 |
Peers
- HCI Group
Florida homeowners specialist with coastal P&C overlap
- Heritage Insurance
Coastal residential property insurer with Florida overlap
- Allstate
National personal-lines insurer with homeowners scale
- Progressive
National homeowners/renters and digital quote competitor
- Travelers
Large P&C carrier with personal homeowners overlap
- Chubb
High-net-worth personal homeowners and P&C competitor
- Hippo
Digital homeowners marketplace with Florida property exposure
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Universal Insurance | $43.43 | +0.12% | $1.21B | 5.7 | 9.4 | 0.7 | +55.3% |
| HCI Group | $186.29 | +0.05% | $2.38B | 7.7 | 9.3 | 2.5 | +11.2% |
| Heritage Insurance | $34.77 | +2.74% | $1.03B | 4.8 | 6.7 | 1.3 | +3.0% |
| Allstate | $260.58 | −0.03% | $67.08B | 5.2 | 9.2 | 1.0 | −7.2% |
| Progressive | $217.33 | −0.61% | $127.12B | 11.0 | 13.3 | 1.4 | −4.2% |
| Travelers | $372.15 | +0.62% | $77.15B | 9.9 | 12.4 | 1.6 | −4.8% |
| Chubb | $340.37 | +0.13% | $131.14B | 12.0 | 12.2 | 2.1 | −1.3% |
| Hippo | $33.18 | −0.06% | $875.6M | 7.1 | 25.6 | 1.7 | +23.4% |
| Median | 7.7 | 12.2 | 1.6 | −1.3% |