UFCS Stock Summary and Trading Ideas (United Fire Group | NASDAQ:UFCS)

United Fire Group Inc is engaged in the business of writing property and casualty insurance and selling annuities through a network of independent agencies. The company's only operating segment is property and casualty insurance, which includes commercial lines insurance, personal lines insurance, and assumed reinsurance. The primary source of revenue is premium and investment income.

United Fire Group trades on the NASDAQ stock market under the symbol UFCS.

As of January 6, 2025, UFCS stock price declined to $27.35 with 186,209 million shares trading.

UFCS has a beta of 0.82, meaning it tends to be less sensitive to market movements. UFCS has a correlation of 0.07 to the broad based SPY ETF.

UFCS has a market cap of $692.94 million. This is considered a Small Cap stock.

Last quarter United Fire Group reported $323 million in Revenue and $.81 earnings per share. This beat revenue expectation by $16 million and exceeded earnings estimates by $.48.

In the last 3 years, UFCS traded as high as $37.26 and as low as $18.04.

The top ETF exchange traded funds that UFCS belongs to (by Net Assets): IJR, VTI, IWM, VXF, IJS.

UFCS has outperformed the market in the last year with a return of +31.2%, while the SPY ETF gained +28.7%. In the last 3 month period, UFCS beat the market returning +36.9%, while SPY returned +4.2%. However, in the most recent 2 weeks UFCS has underperformed the stock market by returning -4.6%, while SPY returned +0.1%.

UFCS support price is $27.50 and resistance is $28.76 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that UFCS shares will trade within this expected range on the day.