Universal Insurance Raises $100M via 7.75% Notes, Refinancing 2026 Debt and Extending Maturity
Reported by Wiseek News
Sentiment
Neutral
Importance
8
Price
$38.1
Mkt Cap
$1.063B
52W Low
$21.96
52W High
$41.96
Market data snapshot near publication time
Summary
Universal Insurance Holdings has successfully raised $100 million through a private placement of 7.75% Senior Unsecured Notes due 2031. This financing event, disclosed shortly after an 8-K filing, allows the company to fully redeem its 5.625% Senior Notes due 2026. The transaction extends the company's debt maturity profile by five years, enhancing liquidity and financial stability, despite the higher interest rate on the new notes.
At the time of this announcement, UVE was trading at $38.10 on NYSE in the Finance sector, with a market capitalization of approximately $1.1B. The 52-week trading range was $21.96 to $41.96. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Wiseek News.
Price Chart
UVE - Latest Insights
UVE
Jun 18, 2026, 4:33 PM EDT
Price at Filing:
$38.10
Real-time Price:
$38.10
Change:
$0 (0%)
Market Cap:
$1.063B
UVE
Jun 18, 2026, 4:30 PM EDT
Price at Filing:
$38.10
Real-time Price:
$38.10
Change:
$0 (0%)
Market Cap:
$1.063B
UVE
Jun 12, 2026, 5:01 PM EDT
Price at Filing:
$37.95
Real-time Price:
$38.10
Change:
+$0.150 (+0.40%)
Market Cap:
$1.063B
UVE
Jun 05, 2026, 4:20 PM EDT
Price at Filing:
$37.34
Real-time Price:
$38.10
Change:
+$0.760 (+2%)
Market Cap:
$1.063B
UVE
May 28, 2026, 4:23 PM EDT
Price at Filing:
$37.57
Real-time Price:
$38.10
Change:
+$0.530 (+1%)
Market Cap:
$1.063B
UVE
May 28, 2026, 4:16 PM EDT
Price at Filing:
$37.57
Real-time Price:
$38.10
Change:
+$0.530 (+1%)
Market Cap:
$1.063B
UVE
May 15, 2026, 5:55 PM EDT
Price at Filing:
$38.75
Real-time Price:
$38.10
Change:
-$0.650 (-2%)
Market Cap:
$1.063B
UVE
Apr 29, 2026, 4:12 PM EDT
Price at Filing:
$39.18
Real-time Price:
$38.10
Change:
-$1.08 (-3%)
Market Cap:
$1.063B
UVE
Apr 29, 2026, 12:27 PM EDT
Price at Filing:
$39.90
Real-time Price:
$38.10
Change:
-$1.80 (-4%)
Market Cap:
$1.063B
UVE
Apr 24, 2026, 4:46 PM EDT
Price at Filing:
$39.68
Real-time Price:
$38.10
Change:
-$1.58 (-4%)
Market Cap:
$1.063B