Q2 Earnings Forecast for UFCS Issued By DOWLING & PARTN

United Fire Group, Inc (NASDAQ:UFCS) – Analysts at DOWLING & PARTN issued their Q2 2026 earnings per share estimates for shares of United Fire Group in a note issued to investors on Wednesday, July 22nd. DOWLING & PARTN analyst J. Collins anticipates that the insurance provider will post earnings per share of $0.67 for the quarter. The consensus estimate for United Fire Group’s current full-year earnings is $4.69 per share.

Several other equities analysts have also weighed in on UFCS. Weiss Ratings reaffirmed a “buy (b)” rating on shares of United Fire Group in a report on Wednesday, May 13th. Wall Street Zen upgraded shares of United Fire Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Piper Sandler lifted their price objective on shares of United Fire Group from $45.00 to $57.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Zacks Research downgraded shares of United Fire Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. Finally, JonesTrading increased their target price on shares of United Fire Group from $40.00 to $45.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $51.00.

United Fire Group Trading Down 0.3%

Shares of NASDAQ:UFCS opened at $49.42 on Friday. United Fire Group has a 12-month low of $25.79 and a 12-month high of $54.42. The company has a market capitalization of $1.27 billion, a PE ratio of 9.96 and a beta of 0.50. The business has a 50 day moving average of $48.98 and a two-hundred day moving average of $42.08. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.15.

United Fire Group (NASDAQ:UFCS) last issued its earnings results on Tuesday, May 5th. The insurance provider reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.29. The firm had revenue of $369.44 million for the quarter, compared to the consensus estimate of $340.15 million. United Fire Group had a return on equity of 14.65% and a net margin of 9.16%.

United Fire Group declared that its board has approved a stock buyback plan on Wednesday, May 20th that permits the company to repurchase 2,000,000 shares. This repurchase authorization permits the insurance provider to purchase shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its shares are undervalued.

United Fire Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 19th. Investors of record on Friday, June 5th were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Friday, June 5th. United Fire Group’s payout ratio is presently 16.13%.

Insiders Place Their Bets

In related news, Director George D. Milligan acquired 4,500 shares of United Fire Group stock in a transaction on Friday, June 5th. The stock was bought at an average cost of $45.23 per share, for a total transaction of $203,535.00. Following the completion of the transaction, the director owned 90,034 shares of the company’s stock, valued at approximately $4,072,237.82. The trade was a 5.26% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 6.06% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Smartleaf Asset Management LLC boosted its holdings in United Fire Group by 129.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 686 shares of the insurance provider’s stock worth $25,000 after buying an additional 387 shares during the last quarter. Basepoint Wealth LLC purchased a new position in shares of United Fire Group in the fourth quarter valued at approximately $26,000. Federated Hermes Inc. boosted its stake in shares of United Fire Group by 109.5% in the fourth quarter. Federated Hermes Inc. now owns 1,190 shares of the insurance provider’s stock worth $43,000 after acquiring an additional 622 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new stake in shares of United Fire Group in the fourth quarter worth approximately $48,000. Finally, Meeder Asset Management Inc. purchased a new stake in shares of United Fire Group during the fourth quarter worth approximately $53,000. Institutional investors and hedge funds own 62.68% of the company’s stock.

United Fire Group Company Profile

United Fire Group, Inc (NASDAQ: UFCS) is an insurance holding company based in Cedar Rapids, Iowa, that specializes in property and casualty coverage for commercial and personal lines. The company underwrites business through three primary segments: commercial, personal and specialty insurance. Within the commercial segment, United Fire Group offers tailored policies for small- and medium-sized enterprises, including general liability, commercial property and workers’ compensation. Its personal lines cover homeowners, auto, farm and umbrella policies.

United Fire Group distributes its products primarily through a national network of independent insurance agents and brokers.