United Fire Group's Q2 earnings of $0.81 per share surpassed expectations, boosting its stock to $23.77.

United Fire Group (NASDAQ: UFCS) reported Q2 earnings of $0.81 per share, significantly exceeding the expected $0.21, with revenues of $322.96 million surpassing estimates of $306.80 million. The stock traded at $23.77, and the company declared a quarterly dividend of $0.16, yielding 2.69%. Analysts are divided, with StockNews.com upgrading the stock to "buy," while Piper Sandler lowered its price target from $21.00 to $19.00.

November 08, 2024
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