Notable News to Watch: United Fire Group (NASDAQ:UFCS)

Notable News to Watch: United Fire Group (NASDAQ:UFCS)

United Fire Group (NASDAQ:UFCS) spotted trading -18.13% off 52-week high price. On the other end, the stock has been noted 12.63% away from the low price over the last 52-weeks. The stock changed 0.09% to recent value of $46.02. The stock transacted 95250 shares during most recent day however it has an average volume of 78.49K shares. The company has 24.49M of outstanding shares and 20.92M shares were floated in the market.

On Aug. 16, 2019, the Board of Directors of United Fire Group (NASDAQ:UFCS) notified a common stock quarterly cash dividend of $0.33 per share. This dividend will be payable September 13, 2019, to shareholders of record as of August 30, 2019.

Founded in 1946 as United Fire & Casualty Company, UFG, through its insurance company subsidiaries, is engaged in the business of writing property and casualty insurance.

Through our subsidiaries, we are licensed as a property and casualty insurer in 46 states, plus the District of Columbia, and we are represented by approximately 1,100 independent agencies. A.M. Best Company assigns a rating of A (Excellent) for members of the United Fire & Casualty Group.

Its earnings per share (EPS) expected to touch remained -90.20% for this year while earning per share for the next 5-years is expected to reach at 10.00%.

The price moved ahead of -5.71% from the mean of 20 days, -5.22% from mean of 50 days SMA and performed -6.14% from mean of 200 days price. Company’s performance for the week was -4.16%, -5.54% for month and YTD performance remained -17.01%.

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William Payton

William Payton possesses over 7 years of investment experience, an M.B.A. from California State University, and is also certified in Risk Management Assurance. He is a self-taught investor and follows the value investing approach to picking stocks. William has exploited those observations and developed investment tactics within a fundamentally sound long-term investment strategy. He currently covers Earnings News category for our site. William is a Certified Internal Auditor, Data Miner, and author with a career broadly spanning over multiple business areas. Address: 4831 Elk Street, Irvine, California, USA Phone number: 949-757-9251 Email: William@surveypaid.info 

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