Stewart Information Services Corp. (NYSE:STC) – Equities researchers at Langen Mcalenn raised their Q3 2016 EPS estimates for Stewart Information Services Corp. in a research note issued to investors on Tuesday. Langen Mcalenn analyst R. Byrnes now expects that the brokerage will earn $0.95 per share for the quarter, up from their previous estimate of $0.90. Langen Mcalenn has a “Sell” rating on the stock. Langen Mcalenn also issued estimates for Stewart Information Services Corp.’s Q4 2016 earnings at $0.76 EPS, FY2016 earnings at $2.40 EPS, Q3 2017 earnings at $1.17 EPS, Q4 2017 earnings at $0.92 EPS and FY2017 earnings at $2.90 EPS.

Earnings History and Estimates for Stewart Information Services Corp. (NYSE:STC)

Several other brokerages have also issued reports on STC. Zacks Investment Research raised Stewart Information Services Corp. from a “sell” rating to a “hold” rating in a research note on Wednesday, September 14th. TheStreet raised Stewart Information Services Corp. from a “hold” rating to a “buy” rating in a research note on Friday, June 24th. Janney Montgomery Scott lowered Stewart Information Services Corp. from a “neutral” rating to a “sell” rating in a research note on Wednesday, August 31st. Finally, FBR & Co boosted their price target on Stewart Information Services Corp. from $37.00 to $46.00 and gave the company a “mkt perform” rating in a research note on Friday, July 22nd. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. Stewart Information Services Corp. presently has an average rating of “Hold” and a consensus target price of $33.05.

Stewart Information Services Corp. (NYSE:STC) traded down 1.629% during trading on Wednesday, hitting $45.585. 110,687 shares of the company traded hands. The stock has a 50-day moving average price of $45.41 and a 200-day moving average price of $41.22. Stewart Information Services Corp. has a 12-month low of $30.34 and a 12-month high of $48.60. The firm’s market capitalization is $1.07 billion.

Several institutional investors have recently modified their holdings of the company. BlackRock Fund Advisors raised its position in shares of Stewart Information Services Corp. by 6.1% in the second quarter. BlackRock Fund Advisors now owns 1,548,164 shares of the company’s stock worth $64,109,000 after buying an additional 88,946 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Stewart Information Services Corp. by 3.7% in the second quarter. Vanguard Group Inc. now owns 961,039 shares of the company’s stock valued at $39,796,000 after buying an additional 34,179 shares during the period. Victory Capital Management Inc. increased its stake in shares of Stewart Information Services Corp. by 0.3% in the second quarter. Victory Capital Management Inc. now owns 734,867 shares of the company’s stock valued at $30,431,000 after buying an additional 1,905 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Stewart Information Services Corp. by 142.9% in the first quarter. JPMorgan Chase & Co. now owns 550,802 shares of the company’s stock valued at $19,984,000 after buying an additional 324,024 shares during the period. Finally, Renaissance Technologies LLC increased its stake in shares of Stewart Information Services Corp. by 50.0% in the first quarter. Renaissance Technologies LLC now owns 473,800 shares of the company’s stock valued at $17,189,000 after buying an additional 158,000 shares during the period. 90.22% of the stock is currently owned by institutional investors.

The company also recently announced a quarterly dividend, which was paid on Friday, September 30th. Stockholders of record on Thursday, September 15th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.59%. The ex-dividend date was Tuesday, September 13th. Stewart Information Services Corp.’s payout ratio is -260.87%.

About Stewart Information Services Corp.

Stewart Information Services Corporation is a global real estate services company. The Company is engaged in offering products and services through its direct operations, network of Stewart Trusted Providers and family of companies. The Company operates through three segments: title insurance and related services, mortgage services and corporate.

5 Day Chart for NYSE:STC

Receive News & Stock Ratings for Stewart Information Services Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stewart Information Services Corp. and related stocks with our FREE daily email newsletter.