Trade United Insurances - UIHC CFD

Trading Conditions
Spread0.10
Long position overnight fee
Long position overnight fee

Margin. Your investment
US$1,000.00
Overnight fee
Charges from full value of position
-0.026179 %
(-US$1.05)

Trade size with leverage ~ US$5,000.00

Short position overnight fee ~ US$4,000.00


-0.026179%
Short position overnight fee
Short position overnight fee

Margin. Your investment
US$1,000.00
Overnight fee
Charges from full value of position
0.003957 %
(US$0.16)

Trade size with leverage ~ US$5,000.00

Short position overnight fee ~ US$4,000.00


0.003957%
Overnight fee time21:00 (UTC)
CurrencyUSD
Min traded quantity1
Margin20
Stock exchangeUnited States of America
Commission on trade10%

Information_provided_by_capital
1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

Key Stats
Prev. Close7.8
Open8.22
1-Year Change661.11%
Day's Range7.83 - 8.55

United Insurances Company profile

About United Insurance Holdings Corp

United Insurance Holdings Corp. is a property and casualty insurance holding company that sources, writes and services residential personal and commercial property and casualty insurance policies using a network of agents. The Company's other subsidiaries include United Insurance Management, L.C. (UIM), is a managing general agent that manages substantially all aspects; Skyway Claims Services, LLC, which provides claims adjusting services; BlueLine Cayman Holdings (BlueLine), which reinsures portfolios of excess and surplus policies; Skyway Reinsurance Services, LLC, which provides reinsurance brokerage services for its insurance companies, and Skyway Legal Services, LLC, which provides claims litigation services to insurance companies. The Company's primary products are homeowners' and commercial residential property insurance. In addition, the Company writes commercial residential insurance in three states Florida, South Carolina, and Texas.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, United Insurance Holdings Corp revenues decreased 25% to $634.5M. Net loss decreased 40% to $57.9M. Revenues reflect decrease in net premium earned. Lower net loss reflects General and administrative expenses decrease of 21% to $57.2M (expense), Interest expense - Balancing value decrease of 2% to $9.4M (expense), Other income increase from $74K to $184K (income). Dividend per share remained flat at $0.24.

Equity composition

Common Stock $.0001 Par, 3/11, 50M auth., 10,573,932 issd.Insiders own 35.11%. 10/08, Name changed from FMG Acquisition Corp.