United Fire Group Stock Shares Outstanding

UFCS Stock  USD 30.60  0.68  2.27%   
United Fire Group fundamentals help investors to digest information that contributes to United Fire's financial success or failures. It also enables traders to predict the movement of United Stock. The fundamental analysis module provides a way to measure United Fire's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to United Fire stock.
Common Stock Shares Outstanding is likely to gain to about 25.9 M in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

United Fire Group Company Shares Outstanding Analysis

United Fire's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

 = 

Public Shares

-

Repurchased

More About Shares Outstanding | All Equity Analysis

Current United Fire Shares Outstanding

    
  25.34 M  
Most of United Fire's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, United Fire Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

United Shares Outstanding Driver Correlations

Understanding the fundamental principles of building solid financial models for United Fire is extremely important. It helps to project a fair market value of United Stock properly, considering its historical fundamentals such as Shares Outstanding. Since United Fire's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of United Fire's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of United Fire's interrelated accounts and indicators.
0.87-0.850.670.670.420.380.410.61-0.83-0.84-0.10.35-0.06-0.40.550.130.10.18-0.550.280.22
0.87-0.720.930.330.680.670.120.4-0.88-0.870.140.60.11-0.050.710.060.2-0.13-0.720.130.27
-0.85-0.72-0.52-0.55-0.19-0.14-0.5-0.720.640.660.31-0.290.070.5-0.32-0.250.03-0.40.36-0.47-0.27
0.670.93-0.520.150.730.78-0.090.2-0.81-0.80.340.620.20.210.76-0.030.31-0.35-0.75-0.080.22
0.670.33-0.550.15-0.14-0.20.460.57-0.38-0.4-0.34-0.03-0.34-0.630.170.12-0.080.39-0.150.240.03
0.420.68-0.190.73-0.140.85-0.34-0.13-0.77-0.750.730.730.320.540.78-0.540.45-0.57-0.8-0.51-0.33
0.380.67-0.140.78-0.20.85-0.13-0.01-0.74-0.720.750.490.430.650.58-0.330.42-0.67-0.54-0.49-0.12
0.410.12-0.5-0.090.46-0.34-0.130.91-0.21-0.25-0.45-0.42-0.28-0.41-0.480.35-0.310.460.470.410.22
0.610.4-0.720.20.57-0.13-0.010.91-0.42-0.46-0.39-0.1-0.37-0.41-0.220.26-0.290.390.190.390.19
-0.83-0.880.64-0.81-0.38-0.77-0.74-0.21-0.421.0-0.4-0.49-0.14-0.14-0.690.26-0.310.230.70.220.12
-0.84-0.870.66-0.8-0.4-0.75-0.72-0.25-0.461.0-0.37-0.45-0.13-0.12-0.660.23-0.290.20.680.20.1
-0.10.140.310.34-0.340.730.75-0.45-0.39-0.4-0.370.420.480.880.43-0.780.45-0.83-0.4-0.92-0.65
0.350.6-0.290.62-0.030.730.49-0.42-0.1-0.49-0.450.420.20.230.62-0.450.18-0.39-0.64-0.23-0.28
-0.060.110.070.2-0.340.320.43-0.28-0.37-0.14-0.130.480.20.420.22-0.190.34-0.4-0.18-0.24-0.11
-0.4-0.050.50.21-0.630.540.65-0.41-0.41-0.14-0.120.880.230.420.16-0.60.35-0.81-0.13-0.82-0.49
0.550.71-0.320.760.170.780.58-0.48-0.22-0.69-0.660.430.620.220.16-0.270.46-0.31-0.98-0.24-0.06
0.130.06-0.25-0.030.12-0.54-0.330.350.260.260.23-0.78-0.45-0.19-0.6-0.27-0.10.630.270.830.91
0.10.20.030.31-0.080.450.42-0.31-0.29-0.31-0.290.450.180.340.350.46-0.1-0.06-0.42-0.38-0.2
0.18-0.13-0.4-0.350.39-0.57-0.670.460.390.230.2-0.83-0.39-0.4-0.81-0.310.63-0.060.270.730.38
-0.55-0.720.36-0.75-0.15-0.8-0.540.470.190.70.68-0.4-0.64-0.18-0.13-0.980.27-0.420.270.220.07
0.280.13-0.47-0.080.24-0.51-0.490.410.390.220.2-0.92-0.23-0.24-0.82-0.240.83-0.380.730.220.79
0.220.27-0.270.220.03-0.33-0.120.220.190.120.1-0.65-0.28-0.11-0.49-0.060.91-0.20.380.070.79
Click cells to compare fundamentals

United Shares Outstanding Historical Pattern

Today, most investors in United Fire Stock are looking for potential investment opportunities by analyzing not only static indicators but also various United Fire's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of United Fire shares outstanding as a starting point in their analysis.
   United Fire Shares Outstanding   
       Timeline  
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

United Common Stock Shares Outstanding

Common Stock Shares Outstanding

25.88 Million

At this time, United Fire's Common Stock Shares Outstanding is comparatively stable compared to the past year.
Based on the latest financial disclosure, United Fire Group has 25.34 M of shares currently outstending. This is 98.62% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The shares outstanding for all United States stocks is 95.57% higher than that of the company.

United Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses United Fire's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of United Fire could also be used in its relative valuation, which is a method of valuing United Fire by comparing valuation metrics of similar companies.
United Fire is currently under evaluation in shares outstanding category among its peers.

United Fire Current Valuation Drivers

We derive many important indicators used in calculating different scores of United Fire from analyzing United Fire's financial statements. These drivers represent accounts that assess United Fire's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of United Fire's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap1.1B628.2M581.9M688.4M508.4M505.7M
Enterprise Value994.4M590.2M499.8M641.7M456.4M426.4M

United Fire ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, United Fire's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to United Fire's managers, analysts, and investors.
Environmental
Governance
Social

United Fundamentals

About United Fire Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze United Fire Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of United Fire using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of United Fire Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for United Stock Analysis

When running United Fire's price analysis, check to measure United Fire's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United Fire is operating at the current time. Most of United Fire's value examination focuses on studying past and present price action to predict the probability of United Fire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Fire's price. Additionally, you may evaluate how the addition of United Fire to your portfolios can decrease your overall portfolio volatility.