Stewart Information Services Corporation (STC) Receiving Somewhat Positive Press Coverage, Study Shows
News articles about Stewart Information Services Corporation (NYSE:STC) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Stewart Information Services Corporation earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media coverage about the insurance provider an impact score of 45.9899616533602 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Several analysts recently commented on STC shares. Keefe, Bruyette & Woods reaffirmed a “sell” rating and set a $41.00 price objective on shares of Stewart Information Services Corporation in a research note on Tuesday, May 30th. BidaskClub downgraded Stewart Information Services Corporation from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Four analysts have rated the stock with a sell rating and two have issued a hold rating to the company’s stock. The company presently has a consensus rating of “Sell” and a consensus price target of $46.00.
Shares of Stewart Information Services Corporation (STC) opened at 36.01 on Thursday. Stewart Information Services Corporation has a 1-year low of $35.64 and a 1-year high of $48.17. The firm has a 50 day moving average price of $40.34 and a 200 day moving average price of $43.60. The firm has a market cap of $854.91 million, a P/E ratio of 12.90 and a beta of 0.77.
Stewart Information Services Corporation (NYSE:STC) last announced its earnings results on Thursday, July 20th. The insurance provider reported $0.79 earnings per share for the quarter, missing analysts’ consensus estimates of $1.03 by $0.24. The company had revenue of $485.50 million for the quarter, compared to the consensus estimate of $503.05 million. Stewart Information Services Corporation had a net margin of 3.27% and a return on equity of 9.77%. The company’s revenue for the quarter was down .8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.49 EPS. Analysts anticipate that Stewart Information Services Corporation will post $2.43 EPS for the current year.
In related news, insider Nicholas Galea sold 141,000 shares of the business’s stock in a transaction dated Tuesday, July 11th. The shares were sold at an average price of $0.48, for a total transaction of $67,680.00. Insiders have purchased 42,000 shares of company stock worth $33,020 in the last three months. 2.20% of the stock is currently owned by insiders.
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About Stewart Information Services Corporation
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 two segments: title insurance and ancillary services and corporate.
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