Headlines about United Fire Group (NASDAQ:UFCS) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. United Fire Group earned a news impact score of 0.17 on Accern’s scale. Accern also gave media coverage about the insurance provider an impact score of 45.4254670243014 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the news headlines that may have impacted Accern’s analysis:

Several research firms recently issued reports on UFCS. BidaskClub upgraded shares of United Fire Group from a “sell” rating to a “hold” rating in a research note on Saturday, June 10th. Sidoti began coverage on shares of United Fire Group in a research note on Friday, June 9th. They issued a “neutral” rating and a $48.00 target price for the company. Finally, Sandler O’Neill upgraded shares of United Fire Group from a “hold” rating to a “buy” rating and boosted their target price for the company from $46.00 to $47.00 in a research note on Friday.

United Fire Group (NASDAQ UFCS) traded up 7.28% during trading on Friday, hitting $45.08. 113,208 shares of the company traded hands. United Fire Group has a 52-week low of $37.54 and a 52-week high of $50.75. The company’s 50-day moving average is $42.53 and its 200 day moving average is $43.17. The firm has a market cap of $1.13 billion, a price-to-earnings ratio of 24.76 and a beta of 0.77.

United Fire Group (NASDAQ:UFCS) last issued its quarterly earnings results on Wednesday, August 2nd. The insurance provider reported $0.05 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by ($0.06). United Fire Group had a return on equity of 4.33% and a net margin of 4.07%. The company had revenue of $284.30 million for the quarter. On average, equities analysts anticipate that United Fire Group will post $1.60 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, September 1st were issued a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 2.48%. The ex-dividend date was Wednesday, August 30th. United Fire Group’s dividend payout ratio is presently 61.20%.

ILLEGAL ACTIVITY WARNING: “Somewhat Favorable Media Coverage Somewhat Unlikely to Impact United Fire Group (UFCS) Share Price” was first published by Watch List News and is the property of of Watch List News. If you are accessing this story on another site, it was copied illegally and republished in violation of US & international trademark & copyright law. The correct version of this story can be read at https://www.watchlistnews.com/somewhat-favorable-media-coverage-somewhat-unlikely-to-impact-united-fire-group-ufcs-share-price/1583612.html.

About United Fire Group

United Fire Group, Inc, formerly United Fire & Casualty Company, is engaged in the business of writing property and casualty insurance and life insurance and selling annuities. The Company operates in two segments: property and casualty insurance, and life insurance. The Company’s property and casualty insurance segment consists of commercial lines insurance, including surety bonds, personal lines insurance and assumed insurance.

Insider Buying and Selling by Quarter for United Fire Group (NASDAQ:UFCS)

Receive News & Ratings for United Fire Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Fire Group Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.