UNIVERSAL INSURANCE HOLDINGS, INC. (UVE)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
---|---|---|---|---|
Investment income | - | 10,719 [1] | - | - |
Total investment income | - | 16,803 [1] | - | - |
Less investment expenses | - | -743 [1] | - | - |
Investment income-cash and cash equivalents | - | 5,122 [2] | - | - |
Investment income-debt securities | - | 10,719 [2] | - | - |
Investment income-equity securities | - | 796 [2] | - | - |
Investment income-other than securities investment | - | 166 [2] | - | - |
Total investment income | - | 16,803 [2] | - | - |
Less investment expenses | - | -743 [2] | - | - |
Total investment income | - | - | 16,069 | - |
Less investment expenses | - | - | 663 | - |
Total revenues | 400,141 | 394,867 | 387,554 | 380,214 |
General and administrative expenses | - | 87,244 | 87,103 | 87,114 |
Policy acquisition costs | 61,878 | - | - | - |
Losses and loss adjustment expenses | 260,305 | 250,555 | 316,955 | 243,572 |
Other operating expenses | 29,964 | - | - | - |
Total operating costs and expenses | 352,147 | 337,799 | 404,058 | 330,686 |
Interest and amortization of debt issuance costs | 1,608 | 1,612 | - | - |
Interest and amortization of debt issuance costs | - | - | 1,619 | 1,623 |
Income (loss) before income taxes | 46,386 | 55,456 | -18,123 | 47,905 |
Income tax expense (benefit) | 11,293 | 14,017 | -1,960 | 12,489 |
Net income (loss) | 35,093 | 41,439 | -16,163 | 35,416 |
Basic earnings (loss) per common share (in usd per share) | 1.25 | 1.48 | -0.57 | 1.24 |
Diluted earnings (loss) per common share (in usd per share) | 1.21 | 1.44 | -0.57 | 1.21 |
Weighted average common shares outstanding - basic (in shares) | 27,972,000 | 28,091,000 | 28,355,000 | 28,600,000 |
Weighted average common shares outstanding - diluted (in shares) | 29,072,000 | 28,779,000 | 28,355,000 | 29,308,000 |