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I am HUGE! Bring me your finest meats and cheeses.
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I think out good momentum got drunk and fell down. This stock is getting very cheap at these levels.Originally posted by mrmarket View PostComment
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Why You Shouldn't Bet Against United Insurance Holdings (UIHC) Stock
By Zacks Equity Research3 hours ago
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One stock that might be an intriguing choice for investors right now is United Insurance Holdings Corp. (UIHC).This is because this security in the Insurance-Property & Casualty space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Insurance-Property & Casualty space as it currently has a Zacks Industry Rank of 86 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.
Meanwhile, United Insurance Holdings is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.
In fact, over the past month, current quarter estimates have risen from $1.72 per share to $1.74 per share, while current year estimates have risen from 23 cents per share to 26 cents per share. This has helped UIHC to earn a Zacks Rank #3 (Hold), further underscoring the company’s solid position.
So, if you are looking for a decent pick in a strong industry, consider United Insurance Holdings. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.
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I am HUGE! Bring me your finest meats and cheeses.
- $$$MR. MARKET$$$Comment
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United Insurance (UIHC) Up to Strong Buy, Core Growth Solid By Zacks Equity Research4 minutes ago
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On Sep 30, 2014, Zacks Investment Research upgraded United Insurance Holdings Corp.(UIHC) by two notches to a Zacks Rank #1 (Strong Buy) from Zacks Rank #3 (Hold).
Why the Upgrade?
United Insurancehas been experiencing upward estimate revisions on the back of improved financials and core growth from enhanced premiums and regionally-diversified portfolio.
Additionally, United Insurance maintained its earnings streak in the last four quarters with an average beat of 56.9%. This property-casualty insurer also outperformed the one-year Nasdaq index, which posed growth of 19.1% against a return of 65.5% clocked by the company.
On Jul 29, AmTrust reported second-quarter 2014 operating earnings per share of 46 cents, which outpaced the Zacks Consensus Estimate by about 7% and the year-ago quarter figure by 64.3%.
The year-over-year top-line growth of 39% stemmed from net earned premiums that increased 39.6% along with 94.6% growth in investment income. Net realized gain of $31 million against loss of $149 million in the year-ago quarter also boosted results. Despite higher underwriting, operating and policy acquisition expenses, expense ratio and margins witnessed improvement. Notably, combined ratio improved 860 basis points year over year to 81.2%.
United Insurance has also witnessed robust expansion in markets outside Florida. These markets also accounted for about 60% of new business generated by the company in the first half of 2014. An improved book value and prudent capital management also augur optimism, while steady shareholder return enlists a positive investor sentiment in the stock.
Accordingly, the Zacks Consensus Estimate for 2014 and 2015 moved north by 7.1% and 1.2% to $1.82 and $1.65 per share, respectively, in the last 60 days. Notably, no downward estimate revision was witnessed for these years.
Moreover, the Most Accurate Estimate for United Insurance’s 2014 and 2015 earnings stands at $1.85 and $1.70 a share, resulting in an Earnings ESP of +1.7% and +3.0%, respectively. This indicates likely earnings beat for both the years.
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I am HUGE! Bring me your finest meats and cheeses.
- $$$MR. MARKET$$$Comment
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PE down to 8 and pays 1.10% dividend.....can't lose!=============================
I am HUGE! Bring me your finest meats and cheeses.
- $$$MR. MARKET$$$Comment
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no hurricanes until next June....can't lose!=============================
I am HUGE! Bring me your finest meats and cheeses.
- $$$MR. MARKET$$$Comment
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another 6% day tomorrow just before earning....? i think it will move higher after earning since there were no major weather event lately in the coverage area.
thxs mr marketComment
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You can't be sure what the stock will do...but they have another year of premiums to add to book value without any payouts.Originally posted by tdn327 View Post=============================
I am HUGE! Bring me your finest meats and cheeses.
- $$$MR. MARKET$$$Comment
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UIHC looks good going into earnings. I think I'll pick up a few extra shares before the day ends.Comment
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Odd during earning report this morning they had no forward guidance...Comment
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thanks mr market got me BIG 20%Comment
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Sold! Bought at $16.75; Sold at $19.45 for a 16% return. Thank's Mr. Market!
On a side note, i have a feeling this will go into the $20's next week... but I can't turn down that kind of return. Not a bad problem to have. Happy Halloween everyone.Comment
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Congrats to all.=============================
I am HUGE! Bring me your finest meats and cheeses.
- $$$MR. MARKET$$$Comment
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This company has been a swing trader's dream....just one more leg up please?=============================
I am HUGE! Bring me your finest meats and cheeses.
- $$$MR. MARKET$$$Comment
I have 22 consecutive profitable trades of 15% or better. How is this possible? Every day there are hundreds of stocks setting new highs, no matter what happens in the overall market. Many of these stocks are still at very reasonable valuations. Afraid of buying stocks at their highs? Think of it this way: a new high is really a future floor for companies with solid financial underpinnings. Quantitative momentum modeling makes it easy to identify stocks that can continue this upward momentum trend. Why does this happen? It's really very simple..ask me about what investors and cows have in common. I am $$$ MR. MARKET $$$. I AM HUGE!!! Bring me your finest meats and cheeses. You can join in on the fun. Register for free and you'll be able to post messages on this forum and also receive emails when $$$ MR. MARKET $$$ makes his own trades. ($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
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