UTGN · UTG INC
UTG, Inc., an insurance holding company, provides individual life insurance products and services in the United States. Its individual life insurance includes the 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. In addition, the company offers reinsurance products; and investment in its real estate portfolio includes ownership in oil and gas royalties. UTG, Inc. was founded in 1966 and is headquartered in Stanford, Kentucky.
Cap structure and valuation
| Cap structure | |
|---|---|
| SP | $57.99 |
| SO | 3.1M |
| Options | 0.1M |
| Warrants | 0.0M |
| FD SO | 3.2M |
| MC | $187.6M |
| Cash | $46.8M |
| Total debt | — |
| EV | $140.9M |
| TTM Multiples | |
|---|---|
| EV / Revenue | 2.5x |
| EV / EBITDA | — |
| MC / Net Income | 6.7x |
| EV / FCF | — |
| MC / FCF | — |
| Ownership & coverage | |
|---|---|
| Institutional | 0.0% |
| Insiders | 74.8% |
| # Institutions | 0 |
| Analysts | 0 |
| Consensus | — |
| Avg target | — |
| Short % float | — |
| Days to cover | — |
MC = SP × FD SO. EV = MC + Debt − Cash. SP = previous yfinance close. Balance-sheet figures as of 2026-04-30. Multiples use TTM (sum of last 4 quarters); shown as "—" when the denominator is zero or negative, or when fewer than four quarters are reported — a partial sum is not a trailing twelve months. Ownership & coverage per Yahoo Finance as of 2026-07-13 — institutional % is 13F-based, so it can lag a quarter and exceed 100% on share-count timing. Short interest shown as "—" when unreported or older than 60 days.
Financial statements
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Total Revenue | 36.49 | (0.30) | 17.35 | 3.39 |
| Revenue YoY % | 66.6% | (101.9%) | (57.1%) | (70.8%) |
| Interest Expense | — | 0.00 | 0.00 | 0.00 |
| Pretax Income | 29.73 | (5.04) | 12.53 | (2.17) |
| Tax Provision | 6.27 | (0.88) | 2.26 | (0.43) |
| Net Income | 23.46 | (4.16) | 10.27 | (1.74) |
| Net Income to Common | 23.44 | (4.18) | 10.25 | (1.77) |
| Net Margin % | 64.3% | 1381.8% | 59.2% | (51.4%) |
| Diluted EPS | $7.42 | -$1.32 | $3.25 | -$0.56 |
| Basic EPS | $7.46 | -$1.32 | $3.26 | -$0.56 |
| Diluted Avg Shares | 3.2 | — | 3.1 | 3.2 |
| Basic Avg Shares | 3.1 | — | 3.1 | 3.2 |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Total Revenue | 56.94 | 42.35 | 84.91 | 25.42 | 69.71 |
| Revenue YoY % | 34.5% | (50.1%) | 234.0% | (63.5%) | — |
| SG&A | — | 8.03 | 7.48 | 7.91 | 7.86 |
| Interest Expense | — | 0.00 | 0.01 | 0.03 | 0.11 |
| Pretax Income | 35.05 | 21.87 | 63.17 | 1.93 | 43.94 |
| Tax Provision | 7.22 | 4.70 | 13.06 | (0.14) | 9.57 |
| Net Income | 27.83 | 17.17 | 50.11 | 2.07 | 34.36 |
| Net Income to Common | 27.74 | 17.08 | 50.01 | 1.96 | 34.26 |
| Net Margin % | 48.9% | 40.5% | 59.0% | 8.1% | 49.3% |
| Diluted EPS | $8.79 | $5.42 | $15.80 | $0.62 | $10.81 |
| Basic EPS | $8.84 | $5.42 | $15.80 | $0.62 | $10.81 |
| Diluted Avg Shares | 3.2 | 3.2 | 3.2 | 3.2 | 3.2 |
| Basic Avg Shares | 3.1 | 3.2 | 3.2 | 3.2 | 3.2 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Cash & Equivalents | 46.77 | 30.54 | 49.45 | 38.38 |
| Other Assets | 474.62 | 460.83 | 450.15 | 450.03 |
| Total Assets | 521.39 | 491.37 | 499.61 | 488.41 |
| Other Liabilities | 264.82 | 258.68 | 266.72 | 265.93 |
| Total Liabilities | 264.82 | 258.68 | 266.72 | 265.93 |
| Retained Earnings | 221.85 | 198.42 | 201.89 | 191.64 |
| Total Equity | 256.57 | 232.69 | 232.88 | 222.48 |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Cash & Equivalents | 46.77 | 30.54 | 45.26 | 41.19 | 45.29 |
| Other Assets | 474.62 | 460.83 | 431.68 | 400.52 | 402.24 |
| Total Assets | 521.39 | 491.37 | 476.95 | 441.71 | 447.53 |
| Other Liabilities | 264.82 | 258.68 | 260.11 | 280.02 | 289.51 |
| Total Liabilities | 264.82 | 258.68 | 260.11 | 280.02 | 289.51 |
| Retained Earnings | 221.85 | 198.42 | 181.34 | 133.49 | 131.99 |
| Total Equity | 256.57 | 232.69 | 216.84 | 161.69 | 158.03 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Net Income | 23.46 | (4.16) | 10.27 | (1.74) |
| D&A | 0.49 | 0.25 | 0.27 | 0.38 |
| Stock-Based Comp | 0.18 | 0.25 | 0.03 | 0.00 |
| Δ Working Cap & Other | (26.73) | 1.56 | (10.68) | 0.30 |
| Operating Cash Flow | (2.60) | (2.10) | (0.11) | (1.06) |
| Other Investing | 19.76 | (16.12) | 11.67 | 2.58 |
| Investing Cash Flow | 19.76 | (16.12) | 11.67 | 2.58 |
| Debt Repayment | — | 0.00 | 0.00 | 0.00 |
| Stock Buyback | (0.20) | (0.26) | (0.32) | (0.11) |
| Other Financing | (0.73) | — | — | — |
| Financing Cash Flow | (0.93) | (0.69) | (0.49) | 0.09 |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Net Income | 27.83 | 17.17 | 50.11 | 2.07 | 34.36 |
| D&A | 1.40 | 1.28 | 1.91 | 0.73 | 2.03 |
| Stock-Based Comp | 0.46 | 0.29 | 0.48 | 0.80 | 0.60 |
| Δ Working Cap & Other | (35.55) | (25.26) | (54.06) | (13.39) | (42.33) |
| Operating Cash Flow | (5.86) | (6.52) | (1.57) | (9.79) | (5.33) |
| Other Investing | 17.90 | (6.89) | 26.50 | 6.90 | 26.20 |
| Investing Cash Flow | 17.90 | (6.89) | 26.50 | 6.90 | 26.20 |
| Debt Issuance | — | — | 0.00 | 21.50 | 58.50 |
| Debt Repayment | — | 0.00 | (19.00) | (21.50) | (63.50) |
| Stock Issuance | — | — | — | — | 0.00 |
| Stock Buyback | (0.88) | (0.78) | (0.65) | (0.88) | (0.69) |
| Other Financing | (1.14) | (0.54) | (1.21) | — | (0.68) |
| Financing Cash Flow | (2.02) | (1.32) | (20.85) | (1.22) | (6.37) |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Current Ratio | — | — | — | — |
| Quick Ratio | — | — | — | — |
| Debt / Equity | 1.03 | 1.11 | 1.15 | 1.20 |
| EBITDA Margin % | — | — | — | — |
| Working Capital | — | — | — | — |
| Net Debt | — | — | — | — |
| ROE % | 9.1% | (1.8%) | 4.4% | (0.8%) |
| ROA % | 4.5% | (0.8%) | 2.1% | (0.4%) |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Current Ratio | — | — | — | — | — |
| Quick Ratio | — | — | — | — | — |
| Debt / Equity | 1.03 | 1.11 | 1.20 | 1.73 | 1.83 |
| EBITDA Margin % | — | — | — | — | — |
| Working Capital | — | — | — | — | — |
| Net Debt | — | — | — | — | — |
| ROE % | 10.8% | 7.4% | 23.1% | 1.3% | 21.7% |
| ROA % | 5.3% | 3.5% | 10.5% | 0.5% | 7.7% |
Insider activity (last 2 years)
| Date Filed | Reporter | Relationship | Trans. Date | Code | Shares | Price | Total Value |
|---|---|---|---|---|---|---|---|
| 2026-05-20 | CORRELL JESSE T | Director, Officer (Chairman & CEO), 10% Owner | 2026-05-18 | P | 4,850 | $54.96 | $266,556 |
| 2026-05-20 | FIRST SOUTHERN FUNDING LLC | 10% Owner | 2026-05-18 | P | 4,850 | $54.96 | $266,556 |
| 2026-03-09 | CORRELL JESSE T | Director, Officer (Chairman & CEO), 10% Owner | 2026-03-06 | P | 5,162 | — | $0 |
| 2026-02-06 | Roberts Daniel T | Officer (Vice President) | 2026-02-04 | A | 1,404 | $52.01 | $73,022 |
| 2025-12-29 | Ditto Douglas Paul | Officer (Vice President) | 2025-12-24 | G | (1,500) | $59.80 | -$89,700 |
| 2025-12-22 | Ochs Peter L | Director | 2025-12-22 | A | 334 | $59.80 | $19,973 |
| 2025-12-22 | Molnar Gabriel John | Director | 2025-12-22 | A | 397 | $59.80 | $23,741 |
| 2025-12-22 | Harmon Thomas Eugene | Director | 2025-12-22 | A | 334 | $59.80 | $19,973 |
| 2025-12-22 | Dayton Howard Lape JR | Director | 2025-12-22 | A | 271 | $59.80 | $16,206 |
| 2025-12-22 | DARDEN THOMAS F II | Director | 2025-12-22 | A | 397 | $59.80 | $23,741 |
| 2025-12-22 | Cortines John | Director | 2025-12-22 | A | 397 | $59.80 | $23,741 |
| 2025-12-22 | CORRELL PRESTON HOWARD | Director | 2025-12-22 | A | 334 | $59.80 | $19,973 |
| 2025-12-22 | Perry Charles Wesley | Director | 2025-12-22 | A | 209 | $59.80 | $12,498 |
| 2025-11-19 | Cortines John | Director | 2025-11-18 | S | (1,181) | $55.00 | -$64,955 |
| 2025-09-05 | CORRELL JESSE T | Director, Officer (Chairman & CEO), 10% Owner | 2025-09-04 | A | 15,000 | — | $0 |
| 2025-09-05 | Andrew Jacob Joncarl | Officer (Vice President) | 2025-09-04 | A | 3,750 | — | $0 |
| 2025-09-05 | BORDEN MICHAEL KEITH | Officer (Vice President) | 2025-09-04 | A | 3,750 | — | $0 |
| 2025-09-05 | Betack Bradley John | Officer (Corporate Secretary) | 2025-09-04 | A | 3,750 | — | $0 |
| 2025-09-05 | Andrew Jacob Joncarl | Officer (Vice President) | 2025-09-04 | A | 5,000 | — | $0 |
| 2025-09-05 | Pendygraft Donald Shay | Officer (Vice President) | 2025-09-04 | A | 7,500 | — | $0 |
| 2025-09-05 | MILLER THEODORE CLAYTON | Officer (Senior Vice President & CFO) | 2025-09-04 | A | 10,000 | — | $0 |
| 2025-09-05 | Willis Casey Jonathan | Officer (Vice President) | 2025-09-04 | A | 15,000 | — | $0 |
| 2025-09-05 | Roberts Daniel T | Officer (Vice President) | 2025-09-04 | A | 15,000 | — | $0 |
| 2025-09-05 | Ditto Douglas Paul | Officer (Vice President) | 2025-09-04 | A | 15,000 | — | $0 |
| 2025-07-18 | CORRELL JESSE T | Director, Officer (Chairman & CEO), 10% Owner | 2025-07-18 | P | 12,039 | — | $0 |
| 2025-06-18 | Abel Julie Ann | Officer (Vice President) | 2025-06-18 | S | 350 | $37.01 | $12,954 |
| 2025-06-03 | CORRELL JESSE T | Director, Officer (Chairman & CEO), 10% Owner | 2025-05-30 | P | 21,609 | — | $0 |
| 2025-05-08 | FIRST SOUTHERN FUNDING LLC | 10% Owner | 2025-05-06 | P | 86,957 | $40.00 | $3,478,280 |
| 2025-05-08 | CORRELL JESSE T | Director, Officer (Chairman & CEO), 10% Owner | 2025-05-06 | P | 86,957 | $40.00 | $3,478,280 |
| 2024-12-30 | CORRELL PRESTON HOWARD | Director | 2024-12-30 | A | 623 | $28.09 | $17,500 |
| 2024-12-30 | Cortines John | Director | 2024-12-30 | A | 623 | $28.09 | $17,500 |
| 2024-12-30 | DARDEN THOMAS F II | Director | 2024-12-30 | A | 623 | $28.09 | $17,500 |
| 2024-12-30 | Dayton Howard Lape JR | Director | 2024-12-30 | A | 623 | $28.09 | $17,500 |
| 2024-12-30 | Harmon Thomas Eugene | Director | 2024-12-30 | A | 623 | $28.09 | $17,500 |
| 2024-12-30 | Molnar Gabriel John | Director | 2024-12-30 | A | 623 | $28.09 | $17,500 |
| 2024-12-30 | Ochs Peter L | Director | 2024-12-30 | A | 623 | $28.09 | $17,500 |
| 2024-12-30 | Chapman April | Director | 2024-12-30 | A | 178 | $28.09 | $5,000 |
| 2024-09-25 | Willis Casey Jonathan | Officer (Vice President) | 2024-09-19 | P | 6 | $28.50 | $171 |
| 2024-09-23 | CORRELL JESSE T | Director, Officer (Chairman & CEO), 10% Owner | 2024-09-23 | S | (341) | — | $-0 |
| 2024-08-26 | Willis Casey Jonathan | Officer (Vice President) | 2024-08-21 | A | 1,923 | — | $0 |