operating through a network of independent agents, we provide insurance protection to individuals, businesses and organizations. our complete line of products includes commercial insurance, personal insurance, life insurance and surety bonds. we are licensed as a property and casualty insurer in 43 states, plus the district of columbia, and as a life insurer in 28 states. our subsidiary, united life insurance company, is licensed in 36 states, represented by more than 900 independent life insurance agencies and rated "a-" (excellent) by a.m. best company. our products are marketed principally through our home office in cedar rapids, iowa, and four regional locations: the denver regional office in westminster, colorado; the gulf coast regional office in galveston, texas; the east coast regional office in pennington, new jersey; and the west coast regional office in rocklin, california. other offices are maintained in new orleans, louisiana, and lock haven, pennsylvania.
![United Fire logo](/files/LOGO/101199-UFCS.png)
Company profile
Ticker
UFCS
Exchange
Website
CEO
Randy A. Ramlo
Employees
Location
Fiscal year end
Industry (SIC)
Former names
UNITED FIRE & CASUALTY CO
SEC CIK
Corporate docs
Subsidiaries
United Fire & Casualty Company • Addison Insurance Company • UFG Specialty Insurance Company • Lafayette Insurance Company • Financial Pacific Insurance Company • Mercer Insurance Company • Franklin Insurance Company • United Fire & Indemnity Company • United Real Estate Holdings, LLC • McIntyre Cedar UK Limited ...
IRS number
452302834
UFCS stock data
Latest filings (excl ownership)
8-K
United Fire Group, Inc. Announces Its 2024 Second Quarter Earnings Call
23 Jul 24
8-K
United Fire Group announces completion of debt offering
6 Jun 24
8-K
United Fire Group, Inc. Reports on Annual Meeting of Shareholders
16 May 24
8-K
United Fire Group, Inc. Declares a Common Stock Quarterly Cash Dividend of $0.16 per Share
15 May 24
10-Q
2024 Q1
Quarterly report
8 May 24
8-K
United Fire Group, Inc. Reports First Quarter 2024 Results
7 May 24
DEFA14A
Additional proxy soliciting materials
1 May 24
8-K
United Fire Group, Inc. Announces Its 2024 First Quarter Earnings Call
19 Apr 24
ARS
2023 FY
Annual report to shareholders
2 Apr 24
DEFA14A
Additional proxy soliciting materials
2 Apr 24
Transcripts
UFCS
Earnings call transcript
2024 Q1
8 May 24
UFCS
Earnings call transcript
2023 Q4
14 Feb 24
UFCS
Earnings call transcript
2023 Q3
2 Nov 23
UFCS
Earnings call transcript
2023 Q2
8 Aug 23
UFCS
Earnings call transcript
2023 Q2
8 Aug 23
UFCS
Earnings call transcript
2023 Q1
9 May 23
UFCS
Earnings call transcript
2022 Q4
16 Feb 23
UFCS
Earnings call transcript
2022 Q3
3 Nov 22
UFCS
Earnings call transcript
2022 Q2
6 Aug 22
UFCS
Earnings call transcript
2022 Q1
8 May 22
Latest ownership filings
11-K
Annual report of employee stock purchases
26 Jun 24
4
Micah G Woolstenhulme
10 Jun 24
4
Eric J Martin
10 Jun 24
4
Christopher R Drahozal
10 Jun 24
4
Dee Ann McIntyre
7 Jun 24
144
Notice of proposed sale of securities
4 Jun 24
144
Notice of proposed sale of securities
4 Jun 24
144
Notice of proposed sale of securities
4 Jun 24
4
Micah G Woolstenhulme
20 May 24
4
Christopher R Drahozal
17 May 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 217.79 mm | 217.79 mm | 217.79 mm | 217.79 mm | 217.79 mm | 217.79 mm |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | 1.95 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | n/a | 7.55 mm | n/a | n/a |
Cash remaining | n/a | n/a | n/a | 210.23 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | n/a | 107.6 | n/a | n/a |
Institutional ownership, Q1 2024
3.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 45 |
Opened positions | 35 |
Closed positions | 4 |
Increased positions | 1 |
Reduced positions | 5 |
13F shares | Current |
---|---|
Total value | 15.50 bn |
Total shares | 844.09 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
BK Bank Of New York Mellon | 192.26 k | $4.19 bn |
PFG Principal Financial Group Inc - Registered Shares | 110.18 k | $2.40 bn |
Foundry Partners | 104.96 k | $2.28 bn |
Empowered Funds | 62.59 k | $1.36 bn |
Swiss National Bank | 42.30 k | $920.87 mm |
Gsa Capital Partners | 42.29 k | $921.00 k |
New York State Teachers Retirement System | 41.68 k | $907.00 k |
Raymond James & Associates | 33.27 k | $724.24 mm |
BNP Paribas Arbitrage | 18.99 k | $413.33 mm |
Texas Permanent School Fund | 18.57 k | $404.36 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
6 Jun 24 | McIntyre Dee Ann | UFCS Common Stock | Sell | Dispose S | Yes | No | 21.0599 | 2,500 | 52.65 k | 449,363 |
6 Jun 24 | Eric J Martin | Common Stock | Buy | Acquire P | No | No | 21.22 | 500 | 10.61 k | 26,310 |
6 Jun 24 | Drahozal Christopher R | Common Stock | Sell | Dispose S | Yes | No | 21.06 | 2,500 | 52.65 k | 449,363 |
6 Jun 24 | Micah G Woolstenhulme | Common Stock | Buy | Acquire P | No | No | 21.25 | 1,000 | 21.25 k | 37,440 |
19 May 24 | Micah G Woolstenhulme | Common Stock | Payment of exercise | Dispose F | No | No | 23.53 | 1,406 | 33.08 k | 36,440 |
Press releases
United Fire Group, Inc. Announces Its 2024 Second Quarter Earnings Call
23 Jul 24
AM Best Assigns Issue Credit Rating to United Fire Group, Inc.'s New Senior Unsecured Notes
5 Jun 24
United Fire Group announces completion of debt offering
3 Jun 24
United Fire Group, Inc. Reports on Annual Meeting of Shareholders
16 May 24
United Fire Group, Inc. Declares a Common Stock Quarterly Cash Dividend of $0.16 per Share
15 May 24