UFCS United Fire Group, Inc - Common Stock
$53.93
Price · Aug 19, 2026
Fundamentals as of Aug 4, 2026
52W Range
$30–$56
93% of range
Analyst Rating
BUY
9 analysts
Price Target
$58
+8% upside
P/E (TTM)
12.1
ROE
13.7%
Net Profit Margin
8.5%
UFCS Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$53.93
Market Cap
$1.38B
P/E (TTM)
12.1
EPS (TTM)
$4.48
Revenue (TTM)
$1.39B
Div Yield
1.2%
ROE
13.7%
Debt/Equity
—
52W Range
$30 – $56
UFCS Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
Configure
10-Year Performance Revenue, net income, margins and EPS trends
Revenue & Net Income
$1.39B
2016-12-31
→
2025-12-31
EPS
$4.48
2016-12-31
→
2025-12-31
Free Cash Flow
—
Margins
8.5%
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
UFCS
Peer Median
P/E (TTM)
12.1
13.8
P/S (TTM)
1.0
1.1
P/B
1.5
1.9
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
UFCS
Peer Median
Net Profit Margin
8.5%
11.5%
ROA
3.2%
3.6%
ROE
13.7%
15.0%
Financial Health Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
UFCS
Peer Median
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
UFCS
Peer Median
Revenue YoY
10.6%
—
Revenue CAGR 3Y
12.2%
—
Revenue CAGR 5Y
5.3%
—
EPS YoY
87.5%
—
Net Income YoY
90.8%
—
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
UFCS
Peer Median
Payout Ratio
13.8%
—
Dividends Yield, payout ratio, dividend history, 5Y CAGR
Dividend Yield
1.2%
Payout Ratio
13.8%
5Y Div CAGR
—
| Ex-date | Amount |
|---|---|
| June 5, 2026 | $0.2000 |
| Dec. 5, 2025 | $0.1600 |
| Aug. 29, 2025 | $0.1600 |
| June 6, 2025 | $0.1600 |
| March 7, 2025 | $0.1600 |
| Nov. 29, 2024 | $0.1600 |
| Aug. 30, 2024 | $0.1600 |
| May 31, 2024 | $0.1600 |
| March 7, 2024 | $0.1600 |
| Nov. 30, 2023 | $0.1600 |
| Aug. 31, 2023 | $0.1600 |
| June 1, 2023 | $0.1600 |
| March 9, 2023 | $0.1600 |
| Dec. 1, 2022 | $0.1600 |
| Sept. 1, 2022 | $0.1600 |
| June 2, 2022 | $0.1600 |
| March 3, 2022 | $0.1500 |
| Dec. 2, 2021 | $0.1500 |
| Sept. 2, 2021 | $0.1500 |
| June 3, 2021 | $0.1500 |
UFCS Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
BUY
9 analysts
- Strong Buy 2 22.2%
- Buy 5 55.6%
- Hold 2 22.2%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
2 analysts · 2026-08-19
Median
$58.50
← Below all targets
$53.93
Low
$57.00
High
$60.00
Median target
$58.50
+8.5%
Mean target
$58.50
+8.5%
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
0.45%
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $1.30 | $0.71 | 0.59% |
| March 31, 2026 | $1.16 | $0.85 | 0.31% |
| Dec. 31, 2025 | $1.50 | $0.92 | 0.58% |
| Sept. 30, 2025 | $1.50 | $0.70 | 0.80% |
| June 30, 2025 | $0.90 | $0.55 | 0.35% |
| March 31, 2025 | $0.70 | $0.65 | 0.05% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| UFCS | $928M | 8.1 | 10.6% | 8.5% | 13.7% | — |
| HCI | $2.49B | 8.4 | 20.1% | 33.2% | 40.0% | — |
| STC | $2.12B | 17.3 | 17.3% | 4.0% | 7.6% | — |
| KMPR | — | — | — | — | — | — |
| SAFT | — | 11.6 | 12.8% | 7.8% | 11.2% | — |
| XZO | $2.20B | 24.5 | 62.0% | 38.1% | 61.4% | 60.4% |
| TRUP | $1.62B | 83.0 | 11.9% | — | — | — |
| UVE | $947M | 5.3 | 5.5% | 11.4% | 36.3% | — |
| ASIC | $1.01B | 13.3 | 23.4% | 17.4% | 14.6% | — |
| BOW | $936M | 17.9 | 29.6% | 9.8% | 13.1% | — |
| HRTG | $902M | 4.6 | 3.7% | 23.1% | 44.0% | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 10
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.39B | $1.25B | $1.10B | $980M | $1.07B | $1.07B | $1.20B | $1.07B | $1.05B | $996M | $899M | $942M | |
| Interest Expense | $11M | $7M | $3M | $3M | $3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Pretax Income | $148M | $77M | $-40M | $12M | $97M | $-170M | $17M | $-9M | $16M | $57M | $115M | $76M | |
| Income Tax | $30M | $15M | $-10M | $-3M | $16M | $-57M | $2M | $-11M | $-29M | $8M | $30M | $17M | |
| Net Income | $118M | $62M | $-30M | $15M | $81M | $-113M | $15M | $28M | $51M | $50M | $89M | $59M | |
| EPS (Basic) | $4.64 | $2.45 | $-1.18 | $0.60 | · | $-4.50 | $0.59 | $1.11 | $2.03 | $1.97 | $3.56 | $2.34 | |
| EPS (Diluted) | $4.48 | $2.39 | $-1.18 | $0.59 | · | $-4.50 | $0.58 | $1.08 | $1.99 | $1.93 | $3.53 | $2.32 | |
| Shares (Basic) | 25,470,451 | 25,319,973 | 25,249,269 | 25,160,809 | 25,092,297 | 25,027,358 | 25,138,039 | 25,006,211 | 25,103,720 | 25,335,706 | 25,047,405 | 25,230,854 | |
| Shares (Diluted) | 26,352,913 | 25,917,760 | 25,249,269 | 25,318,196 | 25,519,726 | 25,027,358 | 25,582,527 | 25,622,812 | 25,640,604 | 25,804,678 | 25,235,996 | 25,493,663 | |
| EBITDA | $11M | $11M | $11M | · | $7M | $7M | $11M | $5M | $5M | $6M | $6M | $7M |
Balance Sheet 15
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $156M | $201M | $102M | $97M | $132M | $88M | $121M | $64M | $96M | $89M | $89M | $67M | |
| PP&E (Net) | $133M | $136M | $134M | $133M | $138M | $130M | $117M | $97M | $69M | $56M | $53M | $49M | |
| Accum. Depreciation | $86M | $76M | $68M | $60M | $60M | $55M | $50M | $40M | $52M | $51M | $47M | $41M | |
| Goodwill | · | · | $0 | $0 | $0 | $0 | $15M | $15M | $15M | $15M | $15M | $15M | |
| Intangibles | $3M | $4M | $5M | $5M | $6M | $7M | $7M | $8M | $9M | $10M | $10M | $11M | |
| Total Assets | $3.84B | $3.49B | $3.14B | $2.88B | $3.01B | $3.07B | $3.01B | $2.82B | $4.18B | $4.05B | $3.89B | $3.86B | |
| Deferred Tax | · | · | · | $0 | $27M | $25M | $21M | $0 | $6M | $8M | · | · | |
| Total Liabilities | $2.90B | $2.71B | $2.41B | $2.14B | $2.13B | $2.24B | $2.10B | $1.93B | $3.21B | $3.11B | $3.01B | $3.04B | |
| Long-term Debt | $146M | · | · | · | · | · | · | · | · | · | · | · | |
| Common Stock | $25.0K | $25.0K | $25.0K | $25.0K | $25.0K | $25.0K | $25.0K | $25.0K | $25.0K | $25.0K | $25.0K | $25.0K | |
| Retained Earnings | $722M | $620M | $575M | $621M | $621M | $556M | $697M | $715M | $609M | $616M | $591M | $524M | |
| AOCI | $-5M | $-55M | $-51M | $-87M | $54M | $67M | $13M | $-30M | $168M | $109M | $80M | $91M | |
| Stockholders' Equity | $941M | $782M | $734M | $740M | $879M | $825M | $910M | $888M | $973M | $942M | $879M | $817M | |
| Liabilities + Equity | $3.84B | $3.49B | $3.14B | $2.88B | $3.01B | $3.07B | $3.01B | $2.82B | $4.18B | $4.05B | $3.89B | $3.86B | |
| Shares Outstanding | 25,522,051 | 25,378,291 | 25,269,842 | 25,210,541 | 25,082,104 | 25,055,479 | 25,015,963 | 25,097,408 | 24,916,806 | 25,429,769 | 25,151,428 | 25,019,415 |
Cash Flow 16
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $11M | $11M | $11M | $8M | $7M | $7M | $11M | $5M | $5M | $6M | $6M | $7M | |
| Stock-based Comp | $9M | $6M | $3M | $3M | $3M | $5M | $6M | $5M | $5M | $4M | $3M | $2M | |
| Deferred Tax | $-6M | $-8M | $-8M | $-4M | $6M | $-17M | $10M | $-16M | $-6M | $3M | $-6M | $2M | |
| Amort. of Intangibles | $709.0K | $709.0K | $709.0K | $709.0K | $709.0K | $709.0K | · | · | · | · | · | · | |
| Other Non-cash | $137M | $270M | $196M | · | $-66M | $160M | $51M | $88M | $116M | $150M | $96M | $81M | |
| Operating Cash Flow | $270M | $340M | $172M | $-1M | $30M | $41M | $94M | $110M | $170M | $214M | $190M | $151M | |
| Investing Cash Flow | $-326M | $-292M | $-150M | $-19M | $32M | $-93M | $5M | $-19M | $-62M | $-112M | $-36M | $-59M | |
| Debt Issued | · | · | $0 | $0 | $0 | $50M | $0 | $0 | · | · | · | · | |
| Net Debt Issued | · | · | $0 | · | $0 | $50M | · | · | · | · | · | $0 | |
| Stock Issued | $-993.0K | $348.0K | $-290.0K | $828.0K | $-421.0K | $-71.0K | $2M | $7M | $5M | $10M | $5M | $2M | |
| Stock Repurchased | · | · | $0 | $0 | $2M | $3M | $12M | $5M | $30M | $4M | $2M | $13M | |
| Net Stock Activity | $-993.0K | $348.0K | $-290.0K | · | $-2M | $-3M | $-9M | $2M | $-25M | $6M | $3M | $-11M | |
| Dividends Paid | $16M | $16M | $16M | $16M | $15M | $29M | $33M | $105M | $27M | $25M | $22M | $20M | |
| Financing Cash Flow | $12M | $51M | $-16M | $-15M | $-17M | $19M | $-42M | $-115M | $-108M | $-98M | $-138M | $-94M | |
| Net Change in Cash | $-45M | $99M | $5M | $-35M | $44M | $-33M | $56M | $-24M | $560.0K | $4M | $16M | $-2M | |
| Taxes Paid | $24M | $16M | $1M | · | · | · | · | · | · | · | · | · |
Profitability 5
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 8.5% | 4.9% | -2.7% | · | 7.6% | -10.5% | 1.2% | 2.6% | 4.9% | 4.4% | 8.6% | 6.3% | |
| Pretax Margin | 10.7% | 6.2% | -3.6% | · | 9.1% | -15.9% | 1.4% | -0.86% | 1.5% | 5.2% | 11.7% | 8.1% | |
| EBITDA Margin | 0.78% | 0.87% | 0.96% | · | 0.62% | 0.62% | 0.93% | 0.48% | 0.43% | 0.53% | 0.63% | 0.73% | |
| ROA | 3.2% | 1.9% | -0.99% | · | 2.6% | -3.7% | 0.51% | 0.79% | 1.2% | 1.2% | 2.3% | 1.5% | |
| ROE | 13.7% | 7.9% | -4.3% | · | 9.5% | -13.7% | 1.6% | 3.1% | 5.3% | 5.5% | 10.5% | 7.4% |
Efficiency 1
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.4 | 0.4 | 0.4 | · | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 |
Growth Rates 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 10.6% | 14.4% | 11.8% | -8.1% | -0.23% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 12.2% | 5.5% | 0.83% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 5.3% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 87.5% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 96.5% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 90.8% | · | · | -81.3% | · | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 98.9% | -8.4% | · | · | · | · | · | · | · | · | · | · | |
| Dividend CAGR 5Y | -10.6% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 12
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.39B | $1.25B | $1.10B | $980M | $1.07B | $1.07B | $1.20B | $1.07B | $1.05B | $996M | $899M | $942M | |
| Net Income TTM | $118M | $62M | $-30M | $15M | $81M | $-113M | $15M | $28M | $51M | $50M | $89M | $59M | |
| Market Cap | $928M | $722M | $508M | · | $582M | $629M | $1.09B | $1.39B | $1.14B | $1.25B | $964M | $744M | |
| P/E | 8.1 | 11.9 | -17.1 | 46.4 | -39.3 | -5.6 | 75.4 | 51.3 | 22.9 | 25.5 | 10.9 | 12.8 | |
| P/S | 0.7 | 0.6 | 0.5 | · | 0.5 | 0.6 | 0.9 | 1.3 | 1.1 | 1.3 | 1.1 | 0.8 | |
| P/B | 1.0 | 0.9 | 0.7 | · | 0.7 | 0.8 | 1.2 | 1.6 | 1.2 | 1.3 | 1.1 | 0.9 | |
| P / Tangible Book | 1.0 | 0.9 | 0.7 | 0.9 | 0.7 | 0.8 | · | · | · | · | · | · | |
| P / Cash Flow | 3.4 | 2.1 | 3.0 | · | 19.4 | 15.2 | 11.7 | 12.6 | 6.7 | 5.8 | 5.1 | 4.9 | |
| Dividend Yield | 1.8% | 2.2% | 3.2% | · | 2.6% | 4.5% | 3.0% | 7.6% | 2.4% | 2.0% | 2.2% | 2.6% | |
| Earnings Yield | 12.3% | 8.4% | -5.9% | 2.2% | -2.5% | -17.9% | 1.3% | 1.9% | 4.4% | 3.9% | 9.2% | 7.8% | |
| Payout Ratio | 13.8% | 26.2% | -54.4% | · | 18.7% | -25.3% | 220.4% | 381.2% | 53.6% | 49.3% | 24.3% | 33.3% | |
| Annual Payout | $16M | $16M | $16M | $16M | $15M | $29M | $33M | $105M | $27M | $25M | $22M | $20M |
Income Statement 10
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $384M | $369M | $366M | $354M | $335M | $331M | $333M | $323M | $301M | $296M | $287M | $274M | $267M | $267M | $280M | $236M | |
| Interest Expense | $3M | $3M | $3M | $3M | $2M | $2M | $2M | $2M | $1M | $859.0K | $869.0K | $797.0K | $797.0K | $797.0K | $797.0K | $797.0K | |
| Pretax Income | $42M | $38M | $48M | $49M | $29M | $22M | $40M | $25M | $-4M | $16M | $24M | $8M | $-72M | $-1.0K | $23M | $-31M | |
| Income Tax | $9M | $8M | $10M | $9M | $6M | $4M | $8M | $5M | $-1M | $3M | $5M | $2M | $-16M | $-695.0K | $3M | $-8M | |
| Net Income | $33M | $30M | $38M | $39M | $23M | $18M | $31M | $20M | $-3M | $14M | $20M | $6M | $-56M | $694.0K | $20M | $-23M | |
| EPS (Basic) | $1.30 | $1.18 | $1.50 | $1.54 | $0.90 | $0.70 | $1.25 | $0.78 | $-0.11 | $0.53 | $0.77 | $0.25 | $-2.23 | $0.03 | $0.80 | $-0.91 | |
| EPS (Diluted) | $1.29 | $1.15 | $1.45 | $1.49 | $0.87 | $0.67 | $1.22 | $0.76 | $-0.11 | $0.52 | $0.77 | $0.25 | $-2.23 | $0.03 | $0.80 | $-0.91 | |
| Shares (Basic) | 25,676,853 | 25,560,813 | -50,893,495 | 25,501,551 | 25,471,114 | 25,391,281 | -50,606,571 | 25,337,147 | 25,314,456 | 25,274,941 | -50,483,764 | 25,263,523 | 25,249,073 | 25,220,437 | -50,277,177 | 25,188,958 | |
| Shares (Diluted) | 25,895,535 | 26,098,592 | -52,642,895 | 26,367,501 | 26,390,660 | 26,237,647 | -51,143,503 | 25,912,313 | 25,314,456 | 25,834,494 | -51,079,253 | 25,579,334 | 25,249,073 | 25,500,115 | -50,342,010 | 25,188,958 | |
| EBITDA | · | $3M | · | · | · | $2M | · | · | · | $3M | · | · | · | $3M | · | · |
Balance Sheet 14
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $139M | $162M | $156M | $234M | $202M | $184M | $201M | $197M | $153M | $218M | · | $69M | $80M | $53M | · | $53M | |
| PP&E (Net) | $128M | $130M | $133M | $135M | $136M | $136M | $136M | $135M | $135M | $134M | · | $134M | $134M | $133M | · | $133M | |
| Accum. Depreciation | $87M | $87M | $86M | $83M | $80M | $78M | $76M | $74M | $73M | $71M | · | $66M | $64M | $62M | · | $62M | |
| Intangibles | $3M | $3M | $3M | $3M | $4M | $4M | $4M | $4M | $4M | $4M | · | $5M | $5M | $5M | · | $6M | |
| Total Assets | $4.01B | $3.91B | $3.84B | $3.75B | $3.66B | $3.53B | $3.49B | $3.55B | $3.41B | $3.24B | · | $3.05B | $3.02B | $2.90B | · | $2.82B | |
| Deferred Tax | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | $0 | |
| Total Liabilities | $3.04B | $2.96B | $2.90B | $2.86B | $2.82B | $2.71B | $2.71B | $2.76B | $2.68B | $2.51B | · | $2.41B | $2.34B | $2.15B | · | $2.12B | |
| Long-term Debt | $146M | $146M | · | · | · | · | · | · | · | · | · | · | · | · | · | · | |
| Common Stock | $26.0K | $26.0K | $25.0K | $25.0K | $25.0K | $25.0K | $25.0K | $25.0K | $25.0K | $25.0K | · | $25.0K | $25.0K | $25.0K | · | $25.0K | |
| Retained Earnings | $775M | $747M | $722M | $688M | $653M | $634M | $620M | $593M | $577M | $584M | · | $559M | $557M | $617M | · | $604M | |
| AOCI | $-25M | $-21M | $-5M | $-11M | $-26M | $-33M | $-55M | $-21M | $-63M | $-58M | · | $-124M | $-89M | $-73M | · | $-111M | |
| Stockholders' Equity | $977M | $951M | $941M | $899M | $846M | $818M | $782M | $786M | $727M | $737M | $734M | $645M | $676M | $752M | $740M | $701M | |
| Liabilities + Equity | $4.01B | $3.91B | $3.84B | $3.75B | $3.66B | $3.53B | $3.49B | $3.55B | $3.41B | $3.24B | · | $3.05B | $3.02B | $2.90B | · | $2.82B | |
| Shares Outstanding | 25,704,420 | 25,652,596 | 25,522,051 | 25,514,329 | 25,490,955 | 25,446,516 | 25,378,291 | 25,341,248 | 25,336,103 | 25,293,156 | 25,269,842 | 25,263,742 | 25,262,949 | 25,231,553 | 25,210,541 | 25,191,414 |
Cash Flow 12
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $3M | $3M | $3M | $3M | $2M | $2M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $-409.0K | $5M | |
| Stock-based Comp | $3M | $3M | $3M | $2M | $2M | $2M | $2M | $1M | $2M | $1M | $122.0K | $949.0K | $1M | $1M | $236.0K | $828.0K | |
| Deferred Tax | $-4M | $6M | $-424.0K | $1M | $-4M | $-2M | $219.0K | $1M | $-3M | $-7M | $3M | $-5M | $-4M | $-2M | $5M | $-3M | |
| Other Non-cash | · | $16M | · | · | · | $16M | · | · | · | $26M | · | · | · | $-9M | · | · | |
| Operating Cash Flow | $34M | $57M | $120M | $61M | $53M | $36M | $156M | $57M | $91M | $36M | $22M | $112M | $45M | $-7M | $29M | $-14M | |
| Investing Cash Flow | $-52M | $-43M | $-192M | $-55M | $-30M | $-48M | $-149M | $-8M | $-218M | $84M | $15M | $-118M | $-14M | $-33M | $19M | $-21M | |
| Stock Issued | $203.0K | $-2M | $-760.0K | $985.0K | $-486.0K | $-732.0K | $758.0K | $-40.0K | $-114.0K | $-256.0K | $-67.0K | $-5.0K | $-122.0K | $-96.0K | $-18.0K | $-182.0K | |
| Stock Repurchased | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · | $0 | |
| Net Stock Activity | · | $-2M | · | · | · | $-732.0K | · | · | · | $-256.0K | · | · | · | $-96.0K | · | · | |
| Dividends Paid | $5M | $5M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | $4M | |
| Financing Cash Flow | $-5M | $-8M | $-5M | $26M | $-5M | $-5M | $-3M | $-4M | $63M | $-4M | $-4M | $-4M | $-4M | $-4M | $-4M | $-4M | |
| Net Change in Cash | $-23M | $6M | $-77M | $32M | $18M | $-17M | $4M | $44M | $-64M | $116M | $33M | $-11M | $26M | $-43M | $44M | $-39M |
Profitability 5
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 8.7% | 8.1% | · | 11.1% | 6.8% | 5.3% | · | 6.1% | -0.91% | 4.6% | · | 2.3% | -21.1% | 0.26% | · | -9.8% | |
| Pretax Margin | 10.9% | 10.3% | · | 13.8% | 8.7% | 6.6% | · | 7.7% | -1.2% | 5.5% | · | 3.1% | -27.0% | 0.00% | · | -13.3% | |
| EBITDA Margin | · | 0.79% | · | · | · | 0.75% | · | · | · | 0.90% | · | · | · | 0.99% | · | · | |
| ROA | 0.87% | 0.81% | · | 1.1% | 0.65% | 0.52% | · | 0.60% | -0.09% | 0.44% | · | 0.22% | -1.9% | 0.02% | · | -0.79% | |
| ROE | 3.7% | 3.4% | · | 4.7% | 2.9% | 2.3% | · | 2.8% | -0.39% | 1.8% | · | 0.95% | -7.7% | 0.09% | · | -3.0% |
Efficiency 1
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 |
Valuation (TTM) 10
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.44B | $1.39B | · | $1.34B | $1.29B | $1.25B | · | $1.19B | $1.14B | $1.10B | · | $1.04B | $989M | $967M | · | $949M | |
| Net Income TTM | $126M | $110M | · | $100M | $58M | $48M | · | $37M | $-39M | $-36M | · | $-72M | $-89M | $-4M | · | $-15M | |
| Market Cap | $1.35B | $951M | · | $776M | $732M | $750M | · | $530M | $544M | $551M | · | $499M | $572M | $670M | · | $724M | |
| P/E | 10.9 | 8.9 | · | 8.0 | 13.1 | 16.0 | · | 14.7 | -13.7 | -15.2 | · | -6.9 | -6.4 | -147.5 | · | -48.7 | |
| P/S | 0.9 | 0.7 | · | 0.6 | 0.6 | 0.6 | · | 0.4 | 0.5 | 0.5 | · | 0.5 | 0.6 | 0.7 | · | 0.8 | |
| P/B | 1.4 | 1.0 | · | 0.9 | 0.9 | 0.9 | · | 0.7 | 0.7 | 0.7 | · | 0.8 | 0.8 | 0.9 | · | 1.0 | |
| P / Tangible Book | 1.4 | 1.0 | · | 0.9 | 0.9 | 0.9 | · | 0.7 | 0.8 | 0.8 | · | 0.8 | 0.9 | 0.9 | · | 1.0 | |
| P / Cash Flow | · | 16.8 | · | · | · | 21.0 | · | · | · | 15.2 | · | · | · | -98.7 | · | · | |
| Earnings Yield | 9.2% | 11.3% | · | 12.5% | 7.6% | 6.2% | · | 6.8% | -7.3% | -6.6% | · | -14.5% | -15.6% | -0.68% | · | -2.1% | |
| Payout Ratio | · | 17.0% | · | · | · | 22.9% | · | · | · | 30.0% | · | · | · | 581.7% | · | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Revenue | $1.39B | $1.25B | $1.10B | $980M | $1.07B |
| Net Income | $118M | $62M | $-30M | $15M | $81M |
| Diluted EPS | $4.48 | $2.39 | $-1.18 | $0.59 | — |
My Metrics Your personal watchlist — selected rows from Full Fundamentals
📊
Pick the metrics that matter to you — click the ➕ next to any row in Full Fundamentals above.
Your selection is saved and follows you across all tickers.
Institutional owners (13F) 242 filers · $585.4M total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 40 (+6 vs prior Q) | 22 (+7 vs prior Q) | 83 (+4 vs prior Q) | 59 (0 vs prior Q) | +537K |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| DIMENSIONAL FUND ADVISORS LP | $75,260,476 | 1,435,173 | 12.86% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $50,619,231 | 965,279 | 8.65% | Shares |
| STATE STREET CORP | $45,131,595 | 860,633 | 7.71% | Shares |
| AMERICAN CENTURY COMPANIES INC | $37,822,207 | 721,246 | 6.46% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $32,960,968 | 628,417 | 5.63% | Shares |
| SYSTEMATIC FINANCIAL MANAGEMENT LP | $29,898,928 | 570,155 | 5.11% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $29,294,505 | 558,629 | 5.00% | Shares |
| ROYCE & ASSOCIATES LP | $13,118,862 | 250,169 | 2.24% | Shares |
| Hillsdale Investment Management Inc. | $12,667,826 | 241,568 | 2.16% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $11,021,629 | 210,176 | 1.88% | Shares |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | $9,973,249 | 190,184 | 1.70% | Shares |
| Allianz Asset Management GmbH | $9,317,366 | 251,413 | 1.59% | Shares |
| Connor, Clark & Lunn Investment Management Ltd. | $9,216,487 | 175,753 | 1.57% | Shares |
| EARNEST PARTNERS LLC | $8,311,058 | 158,487 | 1.42% | Shares |
| PANAGORA ASSET MANAGEMENT INC | $7,859,969 | 149,885 | 1.34% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $7,617,854 | 145,268 | 1.30% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $7,014,427 | 133,761 | 1.20% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $6,865,183 | 130,915 | 1.17% | Shares |
| Bank of New York Mellon Corp | $6,171,873 | 117,694 | 1.05% | Shares |
| Empowered Funds, LLC | $5,935,369 | 113,184 | 1.01% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $5,912,060 | 112,740 | 1.01% | Shares |
| PRUDENTIAL FINANCIAL INC | $5,503,421 | 104,947 | 0.94% | Shares |
| ZACKS INVESTMENT MANAGEMENT | $5,437,088 | 103,681 | 0.93% | Shares |
| JACOBS LEVY EQUITY MANAGEMENT, INC | $5,211,277 | 99,376 | 0.89% | Shares |
| Foundry Partners, LLC | $4,396,758 | 149,245 | 0.75% | Shares |
| FIRST TRUST ADVISORS LP | $4,233,166 | 80,724 | 0.72% | Shares |
| AMERIPRISE FINANCIAL INC | $4,149,682 | 79,132 | 0.71% | Shares |
| MARTINGALE ASSET MANAGEMENT L P | $4,085,076 | 77,900 | 0.70% | Shares |
| Trexquant Investment LP | $4,081,510 | 77,832 | 0.70% | Shares |
| Public Sector Pension Investment Board | $3,972,540 | 75,754 | 0.68% | Shares |
| JPMORGAN CHASE & CO | $3,723,882 | 70,729 | 0.64% | Shares |
| BlackRock, Inc. | $3,616,158 | 68,958 | 0.62% | Shares |
| Qube Research & Technologies Ltd | $3,512,484 | 66,981 | 0.60% | Shares |
| FRANKLIN RESOURCES INC | $3,474,570 | 66,258 | 0.59% | Shares |
| NORGES BANK | $3,471,528 | 66,200 | 0.59% | Shares |
| BARCLAYS PLC | $3,289,089 | 62,721 | 0.56% | Shares |
| GOLDMAN SACHS GROUP INC | $3,130,878 | 59,704 | 0.53% | Shares |
| BANK OF AMERICA CORP /DE/ | $3,022,275 | 57,633 | 0.52% | Shares |
| RHUMBLINE ADVISERS | $2,752,873 | 52,496 | 0.47% | Shares |
| MORGAN STANLEY | $2,717,493 | 51,820 | 0.46% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $2,528,290 | 48,213 | 0.43% | Shares |
| Quantinno Capital Management LP | $2,500,346 | 47,680 | 0.43% | Shares |
| IEQ CAPITAL, LLC | $2,498,450 | 47,644 | 0.43% | Shares |
| JUPITER ASSET MANAGEMENT LTD | $2,424,249 | 46,229 | 0.41% | Shares |
| GLOBEFLEX CAPITAL L P | $2,301,172 | 43,882 | 0.39% | Shares |
| Swiss National Bank | $2,286,384 | 43,600 | 0.39% | Shares |
| INTECH INVESTMENT MANAGEMENT LLC | $2,281,245 | 43,502 | 0.39% | Shares |
| Brandywine Global Investment Management, LLC | $2,278,055 | 62,670 | 0.39% | Shares |
| TEACHER RETIREMENT SYSTEM OF TEXAS | $1,945,052 | 37,091 | 0.33% | Shares |
| Man Group plc | $1,942,797 | 37,048 | 0.33% | Shares |
| LPL Financial LLC | $1,890,650 | 36,054 | 0.32% | Shares |
| RAYMOND JAMES FINANCIAL INC | $1,851,394 | 35,305 | 0.32% | Shares |
| Integrated Quantitative Investments LLC | $1,840,277 | 35,093 | 0.31% | Shares |
| Legal & General Group Plc | $1,768,381 | 33,722 | 0.30% | Shares |
| VOYA INVESTMENT MANAGEMENT LLC | $1,735,816 | 33,101 | 0.30% | Shares |
| TWO SIGMA INVESTMENTS, LP | $1,714,788 | 32,700 | 0.29% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $1,700,472 | 32,427 | 0.29% | Shares |
| Point72 Asset Management, L.P. | $1,625,168 | 30,991 | 0.28% | Shares |
| Wilmington Savings Fund Society, FSB | $1,431,612 | 27,300 | 0.24% | Shares |
| XTX Topco Ltd | $1,425,005 | 27,174 | 0.24% | Shares |
| Focus Partners Wealth | $1,409,543 | 26,879 | 0.24% | Shares |
| Russell Investments Group, Ltd. | $1,380,378 | 26,323 | 0.24% | Shares |
| TWO SIGMA ADVISERS, LP | $1,291,516 | 35,530 | 0.22% | Shares |
| Ellsworth Advisors, LLC | $1,260,693 | 25,734 | 0.22% | Shares |
| Cetera Investment Advisers | $1,221,924 | 23,301 | 0.21% | Shares |
| DEUTSCHE BANK AG\ | $1,182,155 | 22,543 | 0.20% | Shares |
| EXCHANGE TRADED CONCEPTS, LLC | $1,115,766 | 21,277 | 0.19% | Shares |
| Horizon Investments, LLC | $1,093,219 | 18,627 | 0.19% | Shares |
| Cubist Systematic Strategies, LLC | $1,064,755 | 35,002 | 0.18% | Shares |
| FMR LLC | $1,056,823 | 20,153 | 0.18% | Shares |
| CITADEL ADVISORS LLC | $1,014,032 | 19,337 | 0.17% | Shares |
| ALLIANCEBERNSTEIN L.P. | $1,006,364 | 27,155 | 0.17% | Shares |
| Merriman Wealth Management, LLC | $979,790 | 34,439 | 0.17% | Shares |
| STATE OF WISCONSIN INVESTMENT BOARD | $953,359 | 18,180 | 0.16% | Shares |
| Vanguard Global Advisers, LLC | $950,580 | 18,127 | 0.16% | Shares |
| STRS OHIO | $860,016 | 16,400 | 0.15% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $830,964 | 15,846 | 0.14% | Shares |
| Cerity Partners LLC | $810,197 | 15,450 | 0.14% | Shares |
| Mariner, LLC | $764,773 | 14,584 | 0.13% | Shares |
| State of Tennessee, Department of Treasury | $759,017 | 14,474 | 0.13% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $757,692 | 20,445 | 0.13% | Shares |
| H D Vest Advisory Services | $747,770 | 26,055 | 0.13% | Shares |
| Aquatic Capital Management LLC | $696,770 | 13,287 | 0.12% | Shares |
| CWM, LLC | $675,794 | 18,235 | 0.12% | Shares |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | $673,854 | 12,850 | 0.12% | Shares |
| MILLENNIUM MANAGEMENT LLC | $669,449 | 12,766 | 0.11% | Shares |
| MetLife Investment Management, LLC | $655,657 | 12,503 | 0.11% | Shares |
| BAILARD, INC. | $655,500 | 12,500 | 0.11% | Shares |
| MERCER GLOBAL ADVISORS INC /ADV | $650,676 | 12,408 | 0.11% | Shares |
| EntryPoint Capital, LLC | $619,107 | 11,806 | 0.11% | Shares |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $585,372 | 11,327 | 0.10% | Shares |
| COMMONWEALTH EQUITY SERVICES, LLC | $574,840 | 10,962 | 0.10% | Shares |
| Illinois Municipal Retirement Fund | $566,352 | 10,800 | 0.10% | Shares |
| &PARTNERS | $550,065 | 10,489 | 0.09% | Shares |
| R Squared Ltd | $533,734 | 10,178 | 0.09% | Shares |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | $530,745 | 10,121 | 0.09% | Shares |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $521,726 | 9,949 | 0.09% | Shares |
| Louisiana State Employees Retirement System | $508,668 | 9,700 | 0.09% | Shares |
| Arax Advisory Partners | $507,462 | 9,677 | 0.09% | Shares |
| Heron Bay Capital Management | $482,343 | 9,198 | 0.08% | Shares |
Company insiders 34 insiders · 13 officers · 18 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Randy A. Ramlo | President & CEO | Dec. 8, 2020 M | 69,870 | 0 | 0 | $0 |
| Dawn M Jaffray | EVP & CFO | May 14, 2020 P | 27,612 | 0 | 0 | $0 |
| Dianne M Lyons | Senior Vice President/CFO | Sept. 16, 2014 J | 13,218 | 0 | 0 | $0 |
| Michael J. Sheeley | VP/COO - United Life Ins. Co. | Feb. 23, 2018 A | 8,730 | 0 | 0 | $0 |
| Kent J Hutchins | VP/COO - United Life Ins. Co. | Aug. 13, 2010 P | 1,151 | 0 | 0 | $0 |
| Adam M Vogt | VP - Chief Accounting Officer | July 1, 2026 F | 6,928 | 0 | 0 | $0 |
| Micah G Woolstenhulme | VP | Nov. 9, 2020 P | 11,893 | 0 | 0 | $0 |
| Robert Francis Cataldo | VP | Sept. 14, 2020 P | 5,146 | 0 | 0 | $0 |
| Neal R Scharmer | VP/General Counsel/Corp Sec | May 20, 2020 A | 16,824 | 0 | 0 | $0 |
| Barrie W Ernst | VP | May 19, 2020 F | 15,570 | 0 | 0 | $0 |
| Corey Lynn Ruehle | VP & Chief Claims Officer | March 24, 2020 F | 5,746 | 0 | 0 | $0 |
| Kevin W. Helbing | Interim PFO/Asst VP/Controller | March 26, 2015 J | 85 | 0 | 0 | $0 |
| Scott J. Mcintyre Jr. | Chairman of the Board | Sept. 15, 2009 P | 3,545,301 | 0 | 0 | $0 |
| George D Milligan | Director | June 5, 2026 P | 90,034 | 1 | 0 | $203,535 |
| James Noyce | Director | May 20, 2026 A | 32,818 | 0 | 0 | $0 |
| John Paul E Besong | Director | Sept. 18, 2025 S | 24,494 | 0 | 2 | $-79,026 |
| Kyle D. Skogman | Director | Dec. 15, 2020 M | 31,484 | 0 | 0 | $0 |
| Lura E Mcbride | Director | May 20, 2020 A | 2,348 | 0 | 0 | $0 |
| Brenda Kay Clancy | Director | May 20, 2020 A | 6,284 | 0 | 0 | $0 |
| Susan E Voss | Director | May 20, 2020 A | 10,525 | 0 | 0 | $0 |
| Mary K. Quass | Director | May 20, 2020 A | 20,330 | 0 | 0 | $0 |
| Jack Evans | Director | May 20, 2020 A | 54,183 | 0 | 0 | $0 |
| Sarah Fisher Gardial | Director | May 15, 2019 A | 5,309 | 0 | 0 | $0 |
| Casey D. Mahon | Director | Dec. 13, 2016 S | 12,042 | 0 | 0 | $0 |
| Michael Wayne Phillips | Director | May 20, 2015 A | 5,449 | 0 | 0 | $0 |
| Douglas M Hultquist | Director | May 20, 2015 A | 7,726 | 0 | 0 | $0 |
| John A Rife | Director | March 16, 2015 A | 8,448 | 0 | 0 | $0 |
| Frank S Wilkinson JR | Director | March 16, 2012 M | 11,893 | 0 | 0 | $0 |
| Thomas W. Hanley | Director | Feb. 18, 2011 A | 5,000 | 0 | 0 | $0 |
| Dee Ann Mcintyre | 10% owner | June 15, 2016 P | 32,634 | 0 | 0 | $0 |
| Michael T Wilkins | — | Dec. 4, 2020 M | 40,822 | 0 | 0 | $0 |
| Scott L Carlton | — | May 20, 2020 A | 89,448 | 0 | 0 | $0 |
| Christopher R Drahozal | — | May 20, 2020 A | 33,160 | 0 | 0 | $0 |
| David E Conner | — | April 23, 2019 M | 8,141 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 5 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| United Fire & Casualty Company | Dec. 9, 2010 | — | Initial filing | M&A / sale | SEC |
| Joseph H. Moss ×3 filings | March 25, 2005 | — | Initial filing | Passive investment | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | March 17, 2003 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person | Oct. 19, 2001 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person | May 23, 2001 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 69 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| ROSC · Lattice Strategies Trust | 0.72% | 9,736 NS | April 30, 2026 | N-PORT |
| SMIZ · Zacks Trust | 0.59% | 34,375 NS | May 31, 2026 | N-PORT |
| SIXL · EXCHANGE TRADED CONCEPTS TRUST | 0.51% | 21,598 NS | May 31, 2026 | N-PORT |
| OASC · Unified Series Trust | 0.33% | 6,196 NS | May 31, 2026 | N-PORT |
| AFSM · First Trust Exchange-Traded Fund VI… | 0.28% | 6,316 NS | May 31, 2026 | N-PORT |
| SMDX · Tidal Trust III | 0.16% | 5,011 NS | April 30, 2026 | N-PORT |
| FSMD · FIDELITY COVINGTON TRUST | 0.11% | 62,509 NS | April 30, 2026 | N-PORT |
| AVUV · AMERICAN CENTURY ETF TRUST | 0.09% | 533,413 NS | May 31, 2026 | N-PORT |
| AVSC · AMERICAN CENTURY ETF TRUST | 0.08% | 47,432 NS | May 31, 2026 | N-PORT |
| DFSV · Dimensional ETF Trust | 0.06% | 118,654 NS | April 30, 2026 | N-PORT |
| PSC · Principal Exchange-Traded Funds | 0.06% | 27,290 NS | June 30, 2026 | N-PORT |
| DFAT · Dimensional ETF Trust | 0.04% | 151,070 NS | April 30, 2026 | N-PORT |
| SAA · ProShares Trust | 0.04% | 262 NS | May 31, 2026 | N-PORT |
| GSSC · Goldman Sachs ETF Trust | 0.04% | 8,717 NS | May 31, 2026 | N-PORT |
| RSSL · Global X Funds | 0.03% | 9,122 NS | April 30, 2026 | N-PORT |
| DFAS · Dimensional ETF Trust | 0.02% | 84,621 NS | April 30, 2026 | N-PORT |
| ITWO · ProShares Trust | 0.02% | 991 NS | May 31, 2026 | N-PORT |
| SCHA · SCHWAB STRATEGIC TRUST | 0.02% | 105,117 NS | May 31, 2026 | N-PORT |
| UWM · ProShares Trust | 0.01% | 775 NS | May 31, 2026 | N-PORT |
| EBI · RBB Fund Trust | 0.01% | 1,942 NS | May 31, 2026 | N-PORT |
| FNCL · FIDELITY COVINGTON TRUST | 0.01% | 6,396 NS | April 30, 2026 | N-PORT |
| AVIE · AMERICAN CENTURY ETF TRUST | 0.01% | 25 NS | May 31, 2026 | N-PORT |
| URTY · ProShares Trust | 0.01% | 785 NS | May 31, 2026 | N-PORT |
| TILT · FlexShares Trust | 0.01% | 3,234 NS | April 30, 2026 | N-PORT |
| DFSU · Dimensional ETF Trust | 0.01% | 2,929 NS | April 30, 2026 | N-PORT |
| DFAC · Dimensional ETF Trust | 0.01% | 60,778 NS | April 30, 2026 | N-PORT |
| MSSM · MORGAN STANLEY PATHWAY FUNDS | 0.00% | 748 NS | May 31, 2026 | N-PORT |
| AVUS · AMERICAN CENTURY ETF TRUST | 0.00% | 13,312 NS | May 31, 2026 | N-PORT |
| DXUV · Dimensional ETF Trust | 0.00% | 416 NS | April 30, 2026 | N-PORT |
| HDG · ProShares Trust | 0.00% | 20 NS | May 31, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.00% | 2,611 NS | April 30, 2026 | N-PORT |
| AVSU · AMERICAN CENTURY ETF TRUST | 0.00% | 307 NS | May 31, 2026 | N-PORT |
| DFAU · Dimensional ETF Trust | 0.00% | 6,236 NS | April 30, 2026 | N-PORT |
| DFUS · Dimensional ETF Trust | 0.00% | 7,588 NS | April 30, 2026 | N-PORT |
| SCHB · SCHWAB STRATEGIC TRUST | 0.00% | 12,402 NS | May 31, 2026 | N-PORT |
| VXF · VANGUARD INDEX FUNDS | — | — | July 15, 2026 | Daily |
| VTI · VANGUARD INDEX FUNDS | — | — | July 15, 2026 | Daily |
| VFVA · VANGUARD WELLINGTON FUND | — | — | July 30, 2026 | Daily |
| VFMF · VANGUARD WELLINGTON FUND | — | — | July 30, 2026 | Daily |
| VIOO · VANGUARD ADMIRAL FUNDS | — | — | July 15, 2026 | Daily |
| VIOG · VANGUARD ADMIRAL FUNDS | — | — | July 30, 2026 | Daily |
| VIOV · VANGUARD ADMIRAL FUNDS | — | — | July 15, 2026 | Daily |
| VTWO · VANGUARD SCOTTSDALE FUNDS | — | — | July 15, 2026 | Daily |
| VTWV · VANGUARD SCOTTSDALE FUNDS | — | — | July 15, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | — | — | July 15, 2026 | Daily |
| IJR · iShares Trust | — | — | Aug. 3, 2026 | Daily |
| IJT · iShares Trust | — | — | Aug. 17, 2026 | Daily |
| IJS · iShares Trust | — | — | Aug. 10, 2026 | Daily |
| ITOT · iShares Trust | — | — | July 22, 2026 | Daily |
| IWV · iShares Trust | — | — | Aug. 18, 2026 | Daily |