Universal Reports Third Quarter 2026 Results
Universal Insurance Holdings reported Q3 2026 diluted EPS of $1.80, up 30.4% from $1.38 a year ago, with adjusted EPS of $1.93, up 41.9%. Revenue rose 9.6% to $439.3 million and direct premiums written grew 2.7% to $608.9 million, as 18.5% growth in other states offset a 3.3% decline in Florida. The net combined ratio improved 5.4 points to 91.0%, helped by a new reinsurance program that cut the ceded premium ratio to 27.6%. Book value per share climbed 32.4% YoY to $23.37, and the company repurchased ~174 thousand shares for $7.4 million in the quarter.
Key figures
- Eps
- 1.8
- Revenue
- 439319000
- Revenue Yoy
- 9.6%
- Roce
- 32.7%
- Dpw yoy
- 2.7%
- Buyback q3
- $7.4 million (~174 thousand shares)
- Loss ratio
- 64.6%
- Net income
- 52506000
- Adjusted eps
- 1.93
- Core revenue
- 444310000
- Combined ratio
- 91.0%
- Operating income
- 72229000
- Policies in force
- 953611
- Dividend per share
- 0.16
- Adjusted net income
- 56269000
- Book value per share
- 23.37
- Net investment income
- 21478000
- Policies in force yoy
- 7.9%
- Direct premiums written
- 608878000
- Adjusted book value per share
- 25.9
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