United Insurance Holdings Corp chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 11.54
Dividend & Yield0.24$ (80.00%)
Beta 0.65
Market capitalization 13.86M
Operating cash flow -283.78M
ESG Scores unknown

Company description

United Insurance Holdings Corp. operates as a property and casualty insurance holding company that sources, writes, and services residential personal and commercial property, and casualty insurance policies in the United States. The company offers structure, content, and liability coverage for standard single-family homeowners, renters, and condominium unit owners. It also provides commercial multi-peril property insurance for residential condominium associations, as well as loss or damage to buildings, inventory, and equipment caused by fire, wind, hail, water, theft, and vandalism. In addition, the company offers equipment breakdown, identity theft, cyber security, and flood policies. It markets and distributes its products through a network of independent agencies in Florida, New York, Louisiana, Texas, Georgia, Massachusetts, New Jersey, North Carolina, and South Carolina. United Insurance Holdings Corp. was founded in 1999 and is based in St. Petersburg, Florida.

Sector: Financial Services - Industry: Insurance—Property & Casualty

Financial Ratios
Quick Ratio0.85
Working Capital0.19
Return On Equity-0.19
Debt To Equity0.5
Fixed Asset Ratio0.09
Fixed Interest Cover-7.95

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 95.89M 54.29M 62.46M -93.91M
Total Cashflows From Investing Activities -125.64M -33.98M 36.57M 251.38M
Net Borrowings -1.52M -1.52M -1.23M -1.82M
Total Cash From Financing Activities 7.73M -12.1M -11.65M -12.21M
Change To Operating Activities -81.06M 124.91M 50.83M -132.99M
Issuance Of Stock
Net Income 290k -29.87M -96.45M -57.92M
Change In Cash -92.16M 102.94M 14.44M -56.22M
Effect Of Exchange Rate
Total Cash From Operating Activities 25.76M 149.01M -10.47M -295.39M
Depreciation 18.14M 11.66M 10.71M 11.43M
Change To Account Receivables -20.9M 8.7M -496k 8.06M
Other Cashflows From Financing Activities 19.94M
Change To Netincome 13.06M -21M -37.86M -30.41M
Capital Expenditures -4.07M -21.9M -10.85M -5.27M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -4.24M -32.61M -132.1M -83.86M
Net Income 290k -29.87M -96.45M -57.92M
Selling General Administrative 106.7M 110.3M 122.17M 113.47M
Gross Profit 112.21M 87.36M 2.34M 38.82M
Ebit 5.51M -22.94M -119.83M -74.65M
Operating Income 5.51M -22.94M -119.83M -74.65M
Interest Expense -9.87M -9.78M -9.58M -9.39M
Income Tax Expense -4.63M -3.12M -36.6M -23.99M
Total Revenue 723.94M 825.12M 846.66M 634.53M
Cost Of Revenue 611.73M 737.76M 844.32M 595.71M
Total Other Income ExpenseNet -9.75M -9.66M -12.27M -9.21M
Net Income From Continuing Ops 394k -29.48M -95.5M -59.87M
Net Income Applicable To Common Shares 290k -29.87M -96.45M -57.92M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 1.78B 1.94B 2.43B 2.37B
Total Stockholder Equity 520.23M 503.14M 395.75M 312.41M
Other Current Liabilities 627.31M 674.05M 723.94M 644.94M
Total Assets 2.32B 2.47B 2.85B 2.7B
Common Stock 4k 4k 4k 4k
Other Current Assets 703.46M 627.62M 887.91M 1.03B
Retained Earnings 140.55M 100.39M -6.63M -74.9M
Treasury Stock -9.46M 10.89M 9.26M -6.96M
Cash 112.68M 215.47M 239.42M 212.02M
Total Current Liabilities 1.53B 1.68B 2.15B 2.05B
Other Stockholder Equity -9.03M 11.32M 9.69M -6.53M
Property, Plant, and Equipment 15.79M 26.75M 34.87M 32.26M
Total Current Assets 1.13B 1.2B 1.64B 1.76B
Net Tangible Assets 414.49M 397.7M 299.29M 220M
Net Receivables 95.82M 86.57M 87.34M 79.17M
Accounts Payable 907.52M 1.01B 1.42B 1.41B


Insider Transactions

Here are the insider transactions of stock shares related to United Insurance Holdings Corp:

Filer Name Transaction Text Ownership Date Filer Relation Shares
POITEVINT ALEC L IIPurchase at price 1.69 per share.D2022-05-19Director45k
POITEVINT ALEC L IIPurchase at price 1.62 - 1.77 per share.I2022-05-16Director46.63k
POITEVINT ALEC L IIPurchase at price 1.49 - 1.63 per share.I2022-05-12Director70.02k
HOGAN MICHAELPurchase at price 1.57 per share.D2022-05-11Director100k
WHITTEMORE KENT GPurchase at price 1.46 per share.D2022-05-11Director25k
MARONEY PATRICK F.Purchase at price 1.56 per share.D2022-05-11Director5k
MARTZ BRADD2022-05-05President3.69k
ST JOHN SCOTTD2022-05-05Officer1.85k
GRIFFITH CHRISTOPHERD2022-05-05Chief Operating Officer1.57k
WHITTEMORE KENT GStock Award(Grant) at price 0.00 per share.D2022-05-04Director5k
POITEVINT ALEC L IIStock Award(Grant) at price 0.00 per share.D2022-05-03Director5k
BRANCH GREGORY CStock Award(Grant) at price 0.00 per share.D2022-05-03Director5k
HUDSON SHERRILL WStock Award(Grant) at price 0.00 per share.D2022-05-03Director5k
HOGAN MICHAELStock Award(Grant) at price 0.00 per share.D2022-05-03Director5k
DAVIS KERN MICHAELStock Award(Grant) at price 0.00 per share.D2022-05-03Director5k
HOOD WILLIAM H IIIStock Award(Grant) at price 0.00 per share.D2022-05-03Director5k
PEED ROBERT DANIELStock Award(Grant) at price 0.00 per share.D2022-05-03Chief Executive Officer5k
MARONEY PATRICK F.Stock Award(Grant) at price 0.00 per share.D2022-05-03Director5k
MARTZ BRADD2022-04-22President5.87k
ST JOHN SCOTTD2022-04-22Officer2.53k
GRIFFITH CHRISTOPHERD2022-04-22Chief Operating Officer2.15k
WEIGLEY ALYCIAD2022-04-22Officer1.43k
MARTZ BRADD2022-04-01President2.03k
ST JOHN SCOTTD2022-04-01Officer1.01k
GRIFFITH CHRISTOPHERD2022-04-01Chief Operating Officer856
BRANCH GREGORY CPurchase at price 4.37 per share.I2021-12-29Director5.89k
BRANCH GREGORY CPurchase at price 4.30 per share.I2021-12-27Director4.52k
HOGAN MICHAELPurchase at price 4.46 per share.D2021-12-03Director10k
HOGAN MICHAELPurchase at price 4.30 per share.D2021-12-01Director10k
MARONEY PATRICK F.Purchase at price 4.31 per share.D2021-12-01Director7.5k
SHIRAZI BROOKEPurchase at price 4.72 per share.D2021-11-16Officer12k
SHIRAZI BROOKEPurchase at price 3.52 per share.I2021-09-28Officer25k
HOGAN MICHAELPurchase at price 3.66 per share.D2021-09-27Director10k
POITEVINT ALEC L IIPurchase at price 3.40 - 3.46 per share.I2021-09-23Director21.55k
POITEVINT ALEC L IIPurchase at price 3.17 - 3.34 per share.I2021-09-22Director52.31k
MARTZ BRADPurchase at price 3.37 per share.D2021-09-22President7.5k
SHIRAZI BROOKEPurchase at price 3.10 per share.D2021-09-21Officer30.45k
SHIRAZI BROOKEPurchase at price 3.17 per share.D2021-09-20Officer69.55k
MARTZ BRADD2021-09-17President1.89k
ST JOHN SCOTTD2021-09-17Officer945
WHITTEMORE KENT GPurchase at price 2.94 per share.D2021-09-15Director15k
ST JOHN SCOTTPurchase at price 2.93 per share.D2021-09-15Officer374
WHITTEMORE KENT GPurchase at price 3.98 per share.D2021-08-11Director40
MARONEY PATRICK F.Purchase at price 5.85 per share.D2021-05-18Director8.4k
MARTZ BRADD2021-05-05President3.49k
ST JOHN SCOTTD2021-05-05Officer1.74k
GRIFFITH CHRISTOPHERD2021-05-05Chief Technology Officer1.48k
POITEVINT ALEC L IIStock Award(Grant) at price 0.00 per share.D2021-05-04Director5k
BRANCH GREGORY CStock Award(Grant) at price 0.00 per share.D2021-05-04Director5k
HUDSON SHERRILL WStock Award(Grant) at price 0.00 per share.D2021-05-04Director5k
HOGAN MICHAELStock Award(Grant) at price 0.00 per share.D2021-05-04Director5k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to United Insurance Holdings Corp. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on United Insurance Holdings Corp

Here is the result of two systematic investment strategies applied to United Insurance Holdings Corp. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on United Insurance Holdings Corp

The following chart shows the equity curve of the two systematic investment strategies applied to United Insurance Holdings Corp:

United Insurance Holdings Corp automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -58.16% on the backtest period.

Performance at glance

Performance

-58.16 %

Latent gain

-1311.17 $

Invested capital

2254.25 $

Annualized return

-14.05 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on United Insurance Holdings Corp

This is the result of two momentum investment strategies applied to United Insurance Holdings Corp. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on United Insurance Holdings Corp

The following chart shows all the entries opened by the momentum investment system on United Insurance Holdings Corp:

United Insurance Holdings Corp momentum entries
  • The first momentum investment strategy would give -59.48% of return on United Insurance Holdings Corp. That represents -2972.87$ of latent gain with 4998.23$ of employed capital.
  • The second momentum investment strategy would give -67.1% of return on United Insurance Holdings Corp. That represents -2356.31$ of latent gain with 3511.67$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-59.48 %

Latent gain

-2972.87 $

Invested capital

4998.23 $

Annualized return

-33.74 %
Performance at glance (2Q Momentum)

Performance

-67.1 %

Latent gain

-2356.31 $

Invested capital

3511.67 $

Annualized return

-18.33 %

Momentum equity curve on United Insurance Holdings Corp

The following chart shows the equity curve of the two momentum strategies applied to United Insurance Holdings Corp:

United Insurance Holdings Corp momentum equity

Note: the dividends potentially given by United Insurance Holdings Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on United Insurance Holdings Corp

The following chart shows the employed capital evolution of the two momentum strategies on United Insurance Holdings Corp since the beginning:

United Insurance Holdings Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on United Insurance Holdings Corp

Buy the dip entry openings on United Insurance Holdings Corp

United Insurance Holdings Corp

The performance achieved by the robo-advisor on United Insurance Holdings Corp is -72.21%. That represents -361.74$ of latent gain with 500.94$ of employed capital. The following chart shows United Insurance Holdings Corp stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of United Insurance Holdings Corp, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-72.21 %

Latent gain

-361.74 $

Invested capital

500.94 $

Annualized return

-33.74 %

Equity curve of the strategy applied to United Insurance Holdings Corp

The following chart shows the result of the investment strategy applied to United Insurance Holdings Corp:

United Insurance Holdings Corp

Note: the dividends potentially given by United Insurance Holdings Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on United Insurance Holdings Corp

The following chart shows the employed capital evolution since the beginning of the investment strategy on United Insurance Holdings Corp:

United Insurance Holdings Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on United Insurance Holdings Corp

In this section, I will compare the three previous investment strategies applied to United Insurance Holdings Corp.

Equity curve comparison on United Insurance Holdings Corp

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

United Insurance Holdings Corp investment strategy comparison

Employed capital comparison on United Insurance Holdings Corp

United Insurance Holdings Corp investment comparison

Performance comparison on United Insurance Holdings Corp

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -58.16% -1311.17$ 2254.25$ -14.05%
Momentum 1 quarter -59.48% -2972.87$ 4998.23$ -15.25%
Momentum 2 quarters -67.1% -2356.31$ 3511.67$ -18.33%
Non-directional -72.21% -361.74$ 500.94$ -33.74%
Annualized return comparison

Automatic investment

-14.05 %

Momentum 1Q

-18.33 %

Momentum 2Q

-18.33 %

Non-directional

-33.74 %

Correlated stocks

Here are the most positively and negatively correlated stocks with United Insurance Holdings Corp:

Positive correlations

Most correlated stocks this year

  • United Insurance Holdings Corp

  • Most correlated stocks last 3 months

  • Steel Connect Inc
  • United Insurance Holdings Corp
  • Codorus Valley Bancorp Inc
  • Sandridge Energy Inc New
  • Cedar Fair L.P.
  • Big 5 Sporting Goods Corp
  • Mistras Group Inc
  • Customers Bancorp Inc
  • Flushing Financial Corp
  • Franklin Resources Inc
  • Hawaiian Holdings Inc
  • Capital City Bank Group Inc
  • First Of Long Island Corp
  • Pitney Bowes Inc
  • Steelcase Inc - Class A
  • Cass Information Systems Inc
  • Earthstone Energy Inc - Class A
  • Esquire Financial Holdings Inc
  • Inspired Entertainment Inc
  • Spirit Aerosystems Holdings Inc - Class A
  • CTS Corp
  • Belden Inc
  • Hyster-Yale Materials Handling Inc - Class A
  • MidWestOne Financial Group Inc
  • Radian Group Inc
  • Discover Financial Services
  • Raytheon Technologies Corporation
  • First Citizens Bancshares Inc (NC) - Class A
  • Byline Bancorp Inc
  • Hanmi Financial Corp
  • SmartFinancial Inc
  • Bar Harbor Bankshares Inc
  • First Financial Bancorp
  • CNB Financial Corp (PA)
  • SouthState Corporation
  • Ryerson Holding Corp
  • Sumitomo Mitsui Financial Group Inc
  • MGIC Investment Corp
  • Reliance Steel & Aluminum Company
  • EPR Properties
  • Lloyds Banking Group plc
  • NMI Holdings Inc - Class A
  • Banco Latinoamericano De Comercio Exterior SA - Cl
  • Sinclair Broadcast Group Inc - Class A
  • Carter Bankshares Inc
  • Eloxx Pharmaceuticals Inc
  • HomeTrust Bancshares Inc
  • Republic First Bancorp Inc
  • NI Holdings Inc
  • CTO Realty Growth Inc - New - New
  • Hingham Institution For Savings
  • CohBar Inc
  • Toyota Motor Corporation
  • Caleres Inc
  • Allscripts Healthcare Solutions Inc
  • Walgreens Boots Alliance Inc
  • TEGNA Inc
  • Frontline Ltd
  • Industrias Bachoco S.A.B. DE C.V.
  • Marchex Inc - Class B
  • Liberty Media Corp (Tracking Stock - Braves) Serie
  • Liberty Media Corp (Tracking Stock - Braves) Serie
  • Astronics Corp
  • Kimbell Royalty Partners LP
  • Carriage Services Inc

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • First Seacoast Bancorp

  • Note: The algorithm computes the probability of correlation between United Insurance Holdings Corp and the other stocks. There may be false positives or some missing correlated stocks. If the price of United Insurance Holdings Corp does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name United Insurance Holdings Corp
    Country United States
    City Saint Petersburg
    Address 800 2nd Avenue South
    Phone 727 895 7737
    Website www.upcinsurance.com
    FullTime employees 472
    Industry Insurance—Property & Casualty
    Sector Financial Services
    Exchange XNAS
    Ticker UIHC
    Market www.nasdaq.com

    United Insurance Holdings Corp ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown