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UTGN Utg

UTG, Inc. operates as an insurance holding company, which engages in the provision of individual life insurance. It also offers servicing of existing insurance business in-force, the acquisition of other companies in the insurance business, and the administration processing of life insurance business for other entities. The company was founded on December 14, 1984 and is headquartered in Stanford, KY.

Company profile

Ticker
UTGN
Exchange
Website
CEO
Jesse Thomas Correll
Employees
Location
Fiscal year end
Industry (SIC)
Former names
UNITED TRUST GROUP INC, UNITED TRUST INC /IL/
SEC CIK
IRS number
202907892

UTGN stock data

(
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Calendar

25 Mar 21
17 Apr 21
31 Dec 21
Quarter (USD)
Dec 20 Sep 20 Jun 20 Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Utg earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 39.03M 39.03M 39.03M 39.03M 39.03M 39.03M
Cash burn (monthly) (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn) 1.49M 1.1M
Cash used (since last report) n/a n/a n/a n/a 5.32M 3.94M
Cash remaining n/a n/a n/a n/a 33.7M 35.09M
Runway (months of cash) n/a n/a n/a n/a 22.6 31.8

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
9 Apr 21 John Cortines Common Stock Buy Aquire P Yes No 25.5 191 4.87K 3,459
23 Feb 21 Correll Jesse T Common Stock Sell Dispose S Yes No 0 1,083 0 204,909
23 Feb 21 Preston Howard Correll Common Stock Buy Aquire P No No 28 3 84 1,133
19 Feb 21 Douglas Paul Ditto Common Stock Grant Aquire A No No 0 5,555 0 34,951
31 Dec 20 Correll Jesse T Common Stock Gift Aquire G Yes No 0 34,920 0 72,750
31 Dec 20 Correll Jesse T Common Stock Gift Dispose G Yes No 0 34,920 0 72,750
18 Sep 20 Correll Jesse T Common Stock Gift Dispose G No No 0 5 0 54,822
22 Jan 20 Correll Jesse T Common Stock Gift Dispose G Yes No 0 1,135 0 204,909

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

0.0% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 1 0 NEW
Opened positions 1 0 NEW
Closed positions 0 1 EXIT
Increased positions 0 0
Reduced positions 0 0
13F shares
Current Prev Q Change
Total value 2K 0 NEW
Total shares 84 0 NEW
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Captrust Financial Advisors 84 $2K NEW
Largest transactions
Shares Bought/sold Change
Captrust Financial Advisors 84 +84 NEW

Financial report summary

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Management Discussion
  • During March 2020, a global pandemic was declared by the World Health Organization related to the rapidly growing outbreak of a novel strain of coronavirus (COVID-19). The pandemic has significantly impacted the economic conditions in the U.S. and globally, accelerating during the first half of March, as federal, state, and local governments reacted to the public health crisis, creating significant uncertainties in the U.S. economy. The Company has not experienced a slow-down in activities, however government restrictions and client imposed delays are evaluated regularly and this could change. While the disruption is expected to be temporary, there continues to be uncertainty around the duration or effects of resurgence of the virus. The Company cannot at this time predict the ultimate impact the pandemic will have on its results of operations, financial position, liquidity, or capital resources, but such impact could be material.
Content analysis
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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
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