Here are three stocks with buy rank and strong value characteristics for investors to consider today, May 19:

Universal Insurance Holdings, Inc. (UVE Quick QuoteUVE - Free Report) : This insurance holding company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing by 18.8% over the last 60 days.

Universal Insurance Holdings has a price-to-earnings ratio (P/E) of 8.16 compared with 12.40 for the industry. The company possesses a Value Score of A.

Lifetime Brands, Inc. (LCUT Quick QuoteLCUT - Free Report) : This housewares company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing by 19.7% over the last 60 days.

Lifetime Brands has a price-to-earnings ratio (P/E) of 10.04 compared with 11.30 for the industry. The company possesses a Value Score of A.

DaVita Inc. (DVA Quick QuoteDVA - Free Report) : This hospitality company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its next year earnings increasing 6.4% over the last 60 days.

DaVita  has a price-to-earnings ratio (P/E) of 13.26 compared with 24.80 for the industry. The company possesses a Value Score of A.

See the full list of top ranked stocks here.

Learn more about the Value score and how it is calculated here.