Trade United Fire Group Inc - UFCS CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.18
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.021596 %(-$4.32)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.02160%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.000626 %(-$0.13)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.00063%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.021596 %
  (-$4.32)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.000626 %
  (-$0.13)

Key Stats

• Prev. Close: 55.97
• Open: 53.59
• 1-Year Change: 76.4%
• Day's Range: 53.59 - 55.91

Trade United Fire Group Inc - UFCS

About United Fire Group, Inc.

United Fire Group, Inc. is engaged in the business of writing property and casualty insurance through a network of independent agencies. The Company operates in the property and casualty insurance segment. Its property and casualty insurance business are comprised of commercial lines insurance, including surety bonds, personal lines insurance and assumed reinsurance. Its commercial lines insurance includes other liability, construction defect losses, commercial fire and allied lines, commercial automobile, workers' compensation, and fidelity and surety. Its personal lines consist primarily of fire and allied lines, including homeowners, and automobile lines. Its other liability is business insurance covering bodily injury and property damage arising from general business operations, accidents on the insured's premises and products manufactured or sold. Its construction defect claims generally relate to allegedly defective work performed in the construction of structures.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, United Fire Group, Inc. revenues remained flat at $1.07B. Net income before extraordinary items totaled $80.6M vs. loss of $131.3M. Revenues reflect Investment income, net increase of 41% to $55.8M, also reflect Net premiums earned decrease of 9% to $962.8M. Net income reflects Other underwriting expenses decrease of 23% to $110.6M (expense), Goodwill impairment decrease from $15.1M (expense) to $0K.

Equity composition

5ommon Stock $3.33 Par, 3/11, 75M auth., 26,195,552 issd. Insiders own 17.78%. PO: 5/86, 862,500 shares @ $23 byPrescott, Ball & Turben. 1/96, 1/95, 6/92 & 2/86, 3-for-2 stock splits. 12/04, 2-for-1 stock split.