Universal Insurance Holdings Sets Q4/FY23 Earnings Release for Feb 21
Ticker: UVE · Form: 8-K · Filed: Feb 8, 2024 · CIK: 891166
Complexity: simple
Sentiment: neutral
Topics: earnings, conference-call, financial-results
TL;DR
**UVE is dropping Q4/FY23 earnings on Feb 21, with a call on Feb 22 – get ready for potential stock moves!**
AI Summary
Universal Insurance Holdings, Inc. (UVE) filed an 8-K on February 8, 2024, to announce the date of its upcoming earnings release and conference call. The company will release its fourth quarter and full year 2023 financial results after the market closes on February 21, 2024, and host a conference call the following morning, February 22, 2024, at 9:00 AM ET. This matters to investors because it sets the expectation for when crucial financial performance data will be disclosed, which can significantly impact the stock price.
Why It Matters
This filing provides investors with the exact dates and times for Universal Insurance Holdings' upcoming financial results, allowing them to prepare for potential stock volatility and evaluate the company's performance.
Risk Assessment
Risk Level: low — This filing is purely administrative, announcing an upcoming event, and does not contain any immediate financial risks or changes to the company's operations.
Analyst Insight
A smart investor would mark February 21st and 22nd on their calendar to monitor UVE's stock performance and prepare to analyze the upcoming financial results for insights into the company's health and future prospects.
Key Players & Entities
- Universal Insurance Holdings, Inc. (company) — the registrant filing the 8-K
- February 8, 2024 (date) — date of earliest event reported
- February 21, 2024 (date) — date of Q4 and full year 2023 earnings release
- February 22, 2024 (date) — date of earnings conference call
- 9:00 AM ET (time) — start time of earnings conference call
Forward-Looking Statements
- UVE's stock price will likely experience increased volatility around February 21-22, 2024. (UVE) — high confidence, target: 2024-02-22
- Analysts will issue updated ratings and price targets for UVE following the earnings release. (UVE) — medium confidence, target: 2024-03-01
FAQ
What is the primary purpose of this 8-K filing by Universal Insurance Holdings, Inc.?
The primary purpose of this 8-K filing is to announce the date of the company's fourth quarter and full year 2023 financial results release and the subsequent conference call.
When will Universal Insurance Holdings, Inc. release its fourth quarter and full year 2023 financial results?
Universal Insurance Holdings, Inc. will release its fourth quarter and full year 2023 financial results after the market closes on February 21, 2024.
When is the conference call scheduled to discuss these financial results?
The conference call to discuss the financial results is scheduled for the following morning, February 22, 2024, at 9:00 AM ET.
What is the trading symbol for Universal Insurance Holdings, Inc. on the New York Stock Exchange?
The trading symbol for Universal Insurance Holdings, Inc. on the New York Stock Exchange is UVE.
What is the state of incorporation for Universal Insurance Holdings, Inc.?
Universal Insurance Holdings, Inc. is incorporated in Delaware.
Filing Stats: 480 words · 2 min read · ~2 pages · Grade level 11 · Accepted 2024-02-08 16:56:01
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 Par Value UVE New York Stock Exchange
- $0.16 — vidend on the Company's common stock of $0.16 per share, payable on March 15, 2024 to
Filing Documents
- uve-20240208.htm (8-K) — 30KB
- q12024uvedividendannouncem.htm (EX-99.1) — 5KB
- a2019_image1a02.jpg (GRAPHIC) — 26KB
- 0000891166-24-000006.txt ( ) — 195KB
- uve-20240208.xsd (EX-101.SCH) — 2KB
- uve-20240208_lab.xml (EX-101.LAB) — 24KB
- uve-20240208_pre.xml (EX-101.PRE) — 12KB
- uve-20240208_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On February 8, 2024, Universal Insurance Holdings, Inc. (the "Company") announced that its Board of Directors declared a cash dividend on the Company's common stock of $0.16 per share, payable on March 15, 2024 to shareholders of record as of the close of business on March 8, 2024. The Company also announced that it will release its fourth quarter and full year 2023 earnings on February 22, 2024, and will host an earnings call on February 23, 2024. The announcement, a copy of which is attached hereto as Exhibit 99.1, is incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits: Exhibit Number Description 99.1 Press Release dated February 8, 2024. 104 The cover page from this Current Report on Form 8-K formatted in Inline XBRL (included as Exhibit 101).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: February 8, 2024 UNIVERSAL INSURANCE HOLDINGS, INC. By: /s/ Stephen J. Donaghy Name: Stephen J. Donaghy Title: Chief Executive Officer