Reading the tape
NASDAQ: UFCS
United Fire Group, Inc.
Financial Services · Insurance - Property & Casualty
Market Cap
$1.24B
52w High
$48.91
52w Low
$25.79
P/E
9.44
Volume
158.46K
Outstanding Shares
25.66M
Price vs Fundamentals
Why The Stock Is Moving
Fundamentals are supporting the moveModerate confidence
1Y Price: 73.08%Revenue (TTM): 10.79%FCF (TTM): -12.71%P/FCF: 31st pct
What changed
The stock rose 73.08% over the last year. Revenue grew 10.79% over the trailing twelve months. Operating margin moved from 6.42% to 11.51%. Free cash flow declined 12.71% over the trailing twelve months.
What the market seems to be pricing
The stock move broadly lines up with stronger business momentum, and the shares are still only around the 31st percentile of their historical P/FCF range.
What would invalidate this read
Operating margin is at 11.51%. Revenue grew 10.79% — this thesis depends on that trajectory holding. Despite the price move, free cash flow fell 12.71%, which is worth watching as a leading indicator of future pressure. If revenue growth, margins, or free cash flow roll over while the stock keeps climbing, more of the move would be coming from multiple expansion than business progress.
Company profile
United Fire Group, Inc., together with its subsidiaries, provides property and casualty insurance for individuals and businesses in the United States.
CEOKevin James Leidwinger
SectorFinancial Services
IndustryInsurance - Property & Casualty
Employees877
IPO dateMar 18, 1980
Valuation
Forward P/E—
EV/EBITDA5.96
Enterprise value$948.85M
Price / Book1.31
Stock splits
Dec 16, 2004↑ Forward
Every 1 shares became 2
Jan 8, 1996↑ Forward
Every 2 shares became 3
Jan 6, 1995↑ Forward
Every 2 shares became 3
Jun 16, 1992↑ Forward
Every 2 shares became 3
Mar 18, 1986↑ Forward
Every 2 shares became 3
Jan 6, 1982↑ Forward
Every 4 shares became 5
May 25, 1979↑ Forward
Every 2 shares became 3
Nov 28, 1977↑ Forward
Every 2 shares became 3
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Revenue growth11.58%
Gross margin34.16%▲148.61%vs FY2024
Operating margin11.51%▲73.40%vs FY2024
ROE12.56%▲58.41%vs FY2024
Analyst consensus
RatingBuy
Target price$57.00▲18.21%
4
Buy
2
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Aug 4, 2026
Q3 FY26 · EPS est $0.36 · Revenue est $349.52M
View
Dividends
$0.68/shareQuarterly4yr growth streakSafeUFCS pays a dividend with a 1.41% dividend yield, 4 consecutive years of growth, covered 16.1× by free cash flow.
Dividend Yield
1.41%
Annual Div / Share
$0.68
5yr CAGR
-10.9%
Dividend has been cut
Payout Ratio
13.3%
Safe
Dividend Growth Rate
3yr CAGR
+0.53%
5yr CAGR
-10.9%
10yr CAGR
-2.91%
Dividend Safety
10/10Safe
Dividend History
Annual dividends paid per share
YearAnnual DivYoY
2025$0.64+0.0%
2024$0.64+0.0%
2023$0.64+1.6%
2022$0.63+5.0%
2021$0.60-47.4%
2020$1.14-12.3%
2019$1.30-69.1%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$14/yr
$1/mo
In 5 yrs
$14/yr
$1/mo
In 10 yrs
$14/yr
$1/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$14/yr $1/mo | $14/yr $1/mo | $14/yr $1/mo |
Analysis
Dividend Strengths
Well-covered by free cash flow
The dividend is covered 16.1× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Risks to Watch
Dividend has been reduced
The 5-year dividend CAGR of -10.9% is negative, indicating the payout has been cut over this period.