UVE scares me. Does anyone understand why their ROE is so high? They must be taking big risks and I would be worried that they are under-reserving. Look what happened to UIHC after 1 bad season. If UVE were to fall to the same price to book the share price would be under $10. It does have some nice momentum though.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.