UVE does not always get the respect it deserves even as it usually provides a beat. This was their best quarter ever and I may move my long term target up as they keep expanding their operations. For now the short term target is $24 and the long term is $36 for now. It deserves and should get a analyst upgrade but no guarantee on that. I am also hoping for a increase in the 14 cent divi or at least a special divi. Up about 35% since I first posted this in my picks thread
UVE holding decent during this market meltdown. If you can get at or near $21 would be a good 1st tier buy.
UVE only posted a 3 cent gain but it has a trading pattern I have seen many times over. It will drop, right out the gate only to gradually creep back up and go positive. Waiting on 22 to be tested again.
Trading pattern in tact only this morning it was only down for a short while before moving up and breaking 22 in a down market.
With the exception T that is up, UVE is holding better than the rest of my portfolio. No doubt it will break above $22 again Just went positive while I was typing
Let's if the trading pattern holds today, down on low volume to bounce back positive later in the day if the market doesn't meltdown further
They can be correct after the fact. See the RBC analyst on LinkedIn: On June 13 LNKD agreed to be bought out at $196/share. On June 15 the RBC analyst raised his target price from $160 to $196. Pretty uncanny.
With the markets melting down UVE broke $23 to give back a few cents. Getting closer to my mid-term target of $24
I just learned how to copy and paste on my Chromebook (LOL) for when I am on the road, This a test but I think it will go through
With the broader markets melting down it is business as usual for UVE. I think my mid term target of $24 may get here sooner than expected
Almost hit 24 today in a down market. There is a reason for the run as revs keep growing as they expand their foot print. Just like the banks, when we do start getting rate hikes UVE will reap the benefits Trending: Universal Insurance Holdings Inc. Revenue Is Exploding Higher Date Published: 2016-08-26 PREFACE Universal Insurance Holdings Inc. (NYSE:UVE) revenue over a trailing-twelve-month period is trending higher which means it is increasing for at least four consecutive quarters. In the revenue time series chart below, we can see the data. The bars plot the exploding revenue for Universal Insurance Holdings Inc.. We define 'exploding' as a revenue trend that shows at least 30% growth over the last year and at least 75% growth over the last two-years. UVE revenue meets both of those requirements. Feel free to hover over the chart to see the actual values for Universal Insurance Holdings Inc.. Universal Insurance Holdings Inc. (NYSE:UVE) has shown a 50.07% year-over-year revenue change and 105.96% two-year change. When a company grows revenue this quickly, shows positive two-year revenue growth and is trending consecutively higher, top line growth may supersede earnings and free cash flow in the short to intermediate term. If revenue stays trending, Universal Insurance Holdings Inc. could find net income and cash from operations growing rapidly in the near future. Not only is revenue for Universal Insurance Holdings Inc. (NYSE:UVE) trending higher, but we note that cash from operations and net income are positive over the last year. All things are forgiven in earnings trends when revenue stays trending higher, but with positive cash flow and net income, the stock price for UVE, if the revenue continues trending higher while cash from operations and earnings stay positive, could be ready to rise with strengthening fundamentals. http://news.cmlviz.com/2016/08/26/t...holdings-inc-revenue-is-exploding-higher.html
