The stock of United Insurance Holdings Corp. (NASDAQ:UIHC) hit a new 52-week high and has $22.77 target or 8.00% above today’s $21.08 share price. The 7 months bullish chart indicates low risk for the $901.08M company. The 1-year high was reported on May, 17 by Barchart.com. If the $22.77 price target is reached, the company will be worth $72.09 million more. The stock increased 1.05% or $0.22 during the last trading session, reaching $21.08. About 18,639 shares traded. United Insurance Holdings Corp. (NASDAQ:UIHC) has risen 23.54% since May 17, 2017 and is uptrending. It has outperformed by 11.99% the S&P500.
Among 2 analysts covering Innova Gaming Group Inc (TSE:IGG), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Innova Gaming Group Inc had 4 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Buy” rating by Cormark Securities given on Wednesday, July 29. See INNOVA GAMING GROUP INC (TSE:IGG) latest ratings:
Analysts await United Insurance Holdings Corp. (NASDAQ:UIHC) to report earnings on August, 14. They expect $0.63 earnings per share, up 36.96% or $0.17 from last year’s $0.46 per share. UIHC’s profit will be $26.93 million for 8.37 P/E if the $0.63 EPS becomes a reality. After $0.40 actual earnings per share reported by United Insurance Holdings Corp. for the previous quarter, Wall Street now forecasts 57.50% EPS growth.
Since December 15, 2017, it had 3 insider purchases, and 0 selling transactions for $93,016 activity. The insider Maroney Patrick bought 1,000 shares worth $16,596. On Tuesday, May 15 the insider Hogan Michael bought $51,355. Shares for $25,065 were bought by POITEVINT ALEC II on Friday, December 15.
United Insurance Holdings Corp. operates as a property and casualty insurance holding firm that sources, writes, and services residential and commercial property, and casualty insurance policies in the United States. The company has market cap of $901.08 million. It offers single-family homeowners, dwelling fire, renters, condominium unit owners, and commercial residential insurance policies, as well as federal flood, equipment breakdown, and identity theft insurance policies. It has a 78.07 P/E ratio. The firm markets and distributes its products through a network of independent agencies in Connecticut, Florida, Georgia, Hawaii, Louisiana, Massachusetts, New Jersey, New York, North Carolina, Rhode Island, South Carolina, and Texas.
More recent United Insurance Holdings Corp. (NASDAQ:UIHC) news were published by: Globenewswire.com which released: “New Research: Key Drivers of Growth for Advanced Micro Devices, Alamo Group, United Insurance, Post, BP Prudhoe …” on April 30, 2018. Also Benzinga.com published the news titled: “Benzinga’s Top Upgrades, Downgrades For May 14, 2018” on May 14, 2018. Businesswire.com‘s news article titled: “United Insurance Holdings Corp. Reports Financial Results for Its First Quarter Ended March 31, 2018” with publication date: May 08, 2018 was also an interesting one.
Among 5 analysts covering United Insurance Holdings Corporation (NASDAQ:UIHC), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. United Insurance Holdings Corporation had 12 analyst reports since August 6, 2015 according to SRatingsIntel. The company was maintained on Wednesday, August 9 by Wells Fargo. JMP Securities downgraded United Insurance Holdings Corp. (NASDAQ:UIHC) on Wednesday, November 2 to “Mkt Underperform” rating. The firm earned “Strong Buy” rating on Thursday, February 9 by Raymond James. The firm has “Buy” rating by Keefe Bruyette & Woods given on Monday, January 15. The firm earned “Market Perform” rating on Wednesday, August 9 by JMP Securities. JMP Securities downgraded the shares of UIHC in report on Tuesday, January 19 to “Mkt Perform” rating. The stock has “Buy” rating by Keefe Bruyette & Woods on Wednesday, September 20. The stock of United Insurance Holdings Corp. (NASDAQ:UIHC) has “Buy” rating given on Thursday, August 17 by Keefe Bruyette & Woods. The rating was downgraded by Raymond James to “Outperform” on Monday, May 14. Keefe Bruyette & Woods maintained United Insurance Holdings Corp. (NASDAQ:UIHC) on Thursday, December 21 with “Buy” rating.