Quarterly ResultApr 23, 2026, 04:17 PM
Universal Insurance Reports Q1 2026 EPS of $1.88
AI Summary
Universal Insurance Holdings, Inc. reported strong first-quarter 2026 financial results, with diluted GAAP earnings per common share reaching $1.88 and adjusted EPS at $2.00. The company achieved an impressive annualized return on average common equity of 38.2%. Direct premiums written saw an 8.5% increase from the prior year quarter, totaling $506.5 million, while book value per share grew significantly by 39.9% year-over-year to $20.95.
Key Highlights
- Diluted GAAP EPS of $1.88; adjusted EPS of $2.00.
- Annualized return on average common equity (ROCE) of 38.2%.
- Direct premiums written increased 8.5% to $506.5 million.
- Book value per share rose 39.9% year-over-year to $20.95.