United Fire Group, Inc. (NASDAQ:UFCS) announced a quarterly dividend on Friday, November 15th, Zacks reports. Shareholders of record on Friday, November 29th will be paid a dividend of 0.33 per share by the insurance provider on Friday, December 13th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.06%. The ex-dividend date of this dividend is Wednesday, November 27th.
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Shares of UFCS stock opened at $43.14 on Monday. The stock’s fifty day moving average price is $45.33 and its two-hundred day moving average price is $46.91. United Fire Group has a fifty-two week low of $40.86 and a fifty-two week high of $56.21.
United Fire Group (NASDAQ:UFCS) last issued its earnings results on Wednesday, November 6th. The insurance provider reported ($0.40) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.28) by ($0.12). The business had revenue of $298.06 million during the quarter. United Fire Group had a net margin of 0.75% and a negative return on equity of 0.97%.
A number of brokerages have weighed in on UFCS. TheStreet downgraded United Fire Group from a “b-” rating to a “c+” rating in a report on Wednesday, August 28th. ValuEngine raised United Fire Group from a “hold” rating to a “buy” rating in a report on Wednesday, November 6th. Finally, BidaskClub downgraded United Fire Group from a “hold” rating to a “sell” rating in a report on Tuesday, November 12th.
United Fire Group Company Profile
United Fire Group, Inc, together with its subsidiaries, provides property and casualty insurance for individuals and businesses in the United States. The company offers commercial and personal lines of property and casualty insurance, as well as assumed reinsurance products. Its commercial policies include fire and allied lines, other liability, automobile, workers' compensation, and surety coverage; and personal lines comprise automobile, and fire and allied lines coverage, including homeowners.
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