United Fire Group P/E 2024

United Fire Group P/E

18.14

United Fire Group Dividend yield

2.88 %

Ticker

UFCS

ISIN

US9103401082

WKN

A1JTQU

As of Jun 1, 2024, United Fire Group's P/E ratio was 18.14, a -198.53% change from the -18.41 P/E ratio recorded in the previous year.

The United Fire Group P/E history

United Fire Group Aktienanalyse

What does United Fire Group do?

United Fire Group Inc is an internationally active insurance company headquartered in Cedar Rapids, Iowa, USA. The company was founded in 1946 and went public in 1989. Since then, it has become a major player in the insurance industry. The business model of United Fire Group Inc focuses on providing insurance services to businesses and individuals in the USA. The company offers various insurance products, including property, casualty, and health insurance, as well as various services such as fraud and cyber attack protection. United Fire Group Inc has several branches in the USA to serve a wider target audience. The company also provides insurance coverage for businesses in real estate, transportation, retail, and healthcare. In addition, it also provides coverage for private customers with auto, home, and personal property insurance. The segments of capital stock insurance, business content insurance, business property insurance, vehicle insurance, and cyber insurance have a high priority in the company's product range. United Fire Group Inc remains competitive in the international market by collaborating with other insurance companies around the world to serve its customers globally. The company operates not only in the USA but also in Canada and the UK. The company is committed to ensuring that it provides excellent service to its customers. United Fire Group Inc is also engaged in corporate social responsibility (CSR) and strives to make a positive impact in the communities where it operates and on a global level. The company's philosophy is to continue its growth by expanding its product range and providing even better customer service on a national and international level. United Fire Group Inc is also committed to improving its leadership abilities and business practices to shape the next generation of insurance services. In summary, United Fire Group Inc is a leading insurance company that focuses on a wide range of services and products. The company has a long history and has been listed on the stock market for 35 years. United Fire Group Inc remains committed to providing excellent service to its customers and is engaged in corporate social responsibility (CSR) at a global level. United Fire Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering United Fire Group's P/E Ratio

The Price to Earnings (P/E) Ratio of United Fire Group is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing United Fire Group's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of United Fire Group is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in United Fire Group’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about United Fire Group Stock

What is the price-to-earnings ratio of United Fire Group?

The price-earnings ratio of United Fire Group is currently 18.14.

How has the price-earnings ratio of United Fire Group changed compared to last year?

The price-to-earnings ratio of United Fire Group has increased by -198.53% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of United Fire Group high compared to other companies?

Yes, the price-to-earnings ratio of United Fire Group is high compared to other companies.

How does an increase in the price-earnings ratio of United Fire Group affect the company?

An increase in the price-earnings ratio of United Fire Group would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of United Fire Group affect the company?

A decrease in the price-earnings ratio of United Fire Group would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of United Fire Group?

Some factors that influence the price-earnings ratio of United Fire Group are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does United Fire Group pay?

Over the past 12 months, United Fire Group paid a dividend of 0.64 USD . This corresponds to a dividend yield of about 2.88 %. For the coming 12 months, United Fire Group is expected to pay a dividend of 0.64 USD.

What is the dividend yield of United Fire Group?

The current dividend yield of United Fire Group is 2.88 %.

When does United Fire Group pay dividends?

United Fire Group pays a quarterly dividend. This is distributed in the months of September, December, April, June.

How secure is the dividend of United Fire Group?

United Fire Group paid dividends every year for the past 22 years.

What is the dividend of United Fire Group?

For the upcoming 12 months, dividends amounting to 0.64 USD are expected. This corresponds to a dividend yield of 2.88 %.

In which sector is United Fire Group located?

United Fire Group is assigned to the 'Finance' sector.

Wann musste ich die Aktien von United Fire Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of United Fire Group from 6/14/2024 amounting to 0.16 USD, you needed to have the stock in your portfolio before the ex-date on 5/31/2024.

When did United Fire Group pay the last dividend?

The last dividend was paid out on 6/14/2024.

What was the dividend of United Fire Group in the year 2023?

In the year 2023, United Fire Group distributed 0.63 USD as dividends.

In which currency does United Fire Group pay out the dividend?

The dividends of United Fire Group are distributed in USD.

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Andere Kennzahlen von United Fire Group

Our stock analysis for United Fire Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of United Fire Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.