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United Fire Group Inc

Financial Services US UFCS

27.59USD
-0.54(1.92%)

Last update at 2025-01-06T18:51:00Z

Day Range

27.3628.20
LowHigh

52 Week Range

18.1425.37
LowHigh

Fundamentals

  • Previous Close 28.13
  • Market Cap578.26M
  • Volume93883
  • P/E Ratio-
  • Dividend Yield2.83%
  • EBITDA-9.58000M
  • Revenue TTM1124.36M
  • Revenue Per Share TTM44.51
  • Gross Profit TTM 15.27M
  • Diluted EPS TTM-0.69

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 12.08M 96.84M -169.51500M 16.88M -9.15000M
Minority interest - - - - -
Net income 15.03M 80.59M -112.70600M 14.82M 27.65M
Selling general administrative - - - - -
Selling and marketing expenses - - - - -
Gross profit 980.29M 1066.19M 1068.63M 1201.16M 1080.28M
Reconciled depreciation 7.67M 6.57M 6.66M 11.19M 5.17M
Ebit 15.27M 96.64M -175.78500M 16.88M 16.25M
Ebitda 22.93M 103.21M -169.12900M 28.07M 21.42M
Depreciation and amortization 7.67M 6.57M 6.66M 11.19M 5.17M
Non operating income net other - -39.90100M 47.05M 70.13M -50.98500M
Operating income 15.27M 96.64M -175.78500M 16.88M 16.25M
Other operating expenses 968.21M 969.35M 1238.14M 1184.29M 1079.32M
Interest expense 3.19M 3.19M 0.00000M 0.00000M 0.00000M
Tax provision -2.95400M 16.25M -56.80900M 2.06M -11.40500M
Interest income 53.87M 55.00M 57.55M 66.03M 70.36M
Net interest income -3.18800M -3.18700M - - -
Extraordinary items - - - - 25.39M
Non recurring - - - - -
Other items - - - - -
Income tax expense -2.95400M 16.25M -56.80900M 2.06M -11.40500M
Total revenue 980.29M 1066.19M 1068.63M 1201.16M 1070.17M
Total operating expenses -965.02100M -969.55500M -1244.41200M -1184.28600M -1064.03700M
Cost of revenue - - - 1184.29M -10.11600M
Total other income expense net -3.18800M 0.21M 6.27M 2.06M -25.39500M
Discontinued operations - - - - 25.39M
Net income from continuing ops 15.03M 80.59M -112.70600M 14.82M 2.25M
Net income applicable to common shares 15.03M 80.59M -112.70600M 14.82M 27.65M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 3135.72M 2882.29M 3012.72M 3069.68M 3013.47M
Intangible assets 4.62M 5.32M 6.03M 6.74M 7.45M
Earning assets - - - - -
Other current assets 102.05M 185.43M 141.21M 268.61M 269.61M
Total liab 2401.98M 2142.17M 76.75M 74.93M 20.59M
Total stockholder equity 733.75M 740.11M 879.12M 825.15M 910.47M
Deferred long term liab - - 26.75M 24.93M 20.59M
Other current liab 1638.76M 474.39M 439.73M 464.85M 505.16M
Common stock 0.03M 0.03M 0.03M 0.03M 0.03M
Capital stock 0.03M 0.03M 0.03M 0.03M 0.03M
Retained earnings 574.69M 620.55M 621.38M 555.85M 697.12M
Other liab - 981.95M 619.34M 666.40M 938.42M
Good will - - - 6.74M 15.09M
Other assets - 2148.24M 326.18M 268.61M 269.61M
Cash 102.05M 96.65M 132.10M 87.95M 120.72M
Cash and equivalents - - - - -
Total current liabilities 1638.76M 1091.75M 1514.27M 126.62M 155.50M
Current deferred revenue - - - - -
Net debt -52.04600M -46.65000M -82.10400M -37.94800M -120.72200M
Short term debt - - - - -
Short long term debt - - - - -
Short long term debt total 50.00M 50.00M 50.00M 50.00M -
Other stockholder equity 226.00M 207.03M 203.38M 202.36M 200.18M
Property plant equipment - 159.59M 137.70M 129.87M 116.99M
Total current assets 102.05M 580.07M 609.34M 632.15M 570.09M
Long term investments 1741.62M 1720.72M 2078.08M 2163.83M 2170.28M
Net tangible assets - 734.79M 879.12M 818.41M 887.93M
Short term investments 0.10M 0.28M 0.28M 0.17M 0.17M
Net receivables 709.52M 568.10M 476.96M 544.03M 449.19M
Long term debt 50.00M 50.00M 50.00M 50.00M -
Inventory -566.83700M - - - -
Accounts payable - 515.33M 1514.27M 126.62M 155.50M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -66.96700M -87.49600M 54.34M 66.91M 13.15M
Additional paid in capital - - - - -
Common stock total equity - - 0.03M 0.03M 0.03M
Preferred stock total equity - - - - -
Retained earnings total equity - - 621.38M 555.85M 697.12M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 1139.58M -1720.71700M -2077.20200M -2168.91500M -2173.77200M
Deferred long term asset charges - - - - -
Non current assets total 3033.68M 153.97M 2077.20M 2168.91M 2173.77M
Capital lease obligations - - - - -
Long term debt total - - 50.00M 50.00M -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments -145.51800M -19.17100M 45.71M -74.00900M 36.93M
Change to liabilities - 34.00M -25.57600M 119.53M 12.13M
Total cashflows from investing activities - -19.17100M 31.73M -92.87100M 4.50M
Net borrowings - - - 50.00M 50.00M
Total cash from financing activities -16.45400M -15.03200M -17.49200M 18.66M -41.98500M
Change to operating activities - -63.20000M -79.70900M 68.74M 97.26M
Net income -29.70000M 15.03M 80.59M -112.70600M 14.82M
Change in cash 5.40M -35.45400M 44.16M -32.77400M 56.27M
Begin period cash flow 96.65M 132.10M 87.95M 120.72M 64.45M
End period cash flow 102.05M 96.65M 132.10M 87.95M 120.72M
Total cash from operating activities 171.74M -1.25100M 29.92M 41.44M 93.75M
Issuance of capital stock - 0.83M - - 2.38M
Depreciation 10.51M 7.67M 6.57M 6.66M 11.19M
Other cashflows from investing activities - - - - 36.93M
Dividends paid 16.16M 15.86M 15.06M 28.53M 32.66M
Change to inventory - - - - -
Change to account receivables -151.37800M -92.09600M 33.25M -47.83100M -21.83900M
Sale purchase of stock -0.29000M -0.00800M -2.42800M -2.81200M -11.70000M
Other cashflows from financing activities 3.54M -19.17100M 5.91M 50.14M 4.50M
Change to netincome - 53.24M -50.67700M 115.28M 78.93M
Capital expenditures 10.89M 2.14M 13.98M 18.86M 32.43M
Change receivables - - - -50.67900M -
Cash flows other operating - - - -47.09700M -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - 44.16M -32.77400M 56.27M
Change in working capital 74.36M -77.19500M -70.94800M 29.28M 94.43M
Stock based compensation 3.25M 2.83M 3.44M 4.99M 6.15M
Other non cash items 121.62M 54.35M 4.62M 130.68M -42.99200M
Free cash flow 160.85M -3.38800M 15.94M 22.57M 61.33M

Peer Comparison

Sector: Financial Services Industry: Insurance - Property & Casualty

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x)
UFCS
United Fire Group Inc
-0.54 1.92% 27.59 - - 0.50 0.75 0.45
PGR
Progressive Corp
-1.0725 0.44% 241.15 34.22 20.33 1.55 5.46 1.70
CB
Chubb Ltd
-2.335 0.86% 269.39 12.92 10.49 1.85 1.73 2.18
ALL
The Allstate Corporation
-2.435 1.27% 189.01 12.61 10.79 0.83 2.79 0.99
TKOMF
Tokio Marine Holdings Inc.
- -% 38.13 14.81 10.00 0.0069 1.59 0.0064

Reports Covered

Stock Research & News

Profile

United Fire Group, Inc., together with its subsidiaries, provides property and casualty insurance for individuals and businesses in the United States. The company offers commercial and personal lines of property and casualty insurance; and reinsurance coverage for property and casualty insurance. Its commercial lines include fire and allied lines, other liability, automobile, workers' compensation, fidelity and surety coverage, and other insurance products; and personal lines comprise automobile, and fire and allied lines coverage, including homeowners, as well as provides assumed reinsurance products. The company sells its products through a network of independent agencies. United Fire Group, Inc. was incorporated in 1946 and is headquartered in Cedar Rapids, Iowa.

United Fire Group Inc

118 Second Avenue SE, Cedar Rapids, IA, United States, 52401

Key Executives

Name Title Year Born
Mr. Robert Francis Cataldo VP and Chief Investment & Strategy Officer 1971
Mr. Micah Grant Woolstenhulme Chief Risk Officer & VP 1976
Mr. Kevin James Leidwinger Pres, CEO & Director 1964
Mr. Eric John Martin Sr. VP & CFO NA
Mr. Brian Joseph Frese CTO & VP NA
Ms. Sarah Emily Madsen Chief Legal Officer, VP & Corp. Sec. NA
Mr. Michael John Sheeley VP & Chief Marketing Officer 1961
Ms. Tracy L. Bastian VP of HR NA
Ms. Jolene Grow Assistant VP & Underwriting Mang. NA
Mr. Patrick P. Kane C.P.C.U. Asst. VP & Region Marketing Mang. NA

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