Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Investors Title (ITIC) Share Price
News stories about Investors Title (NASDAQ:ITIC) have trended somewhat positive recently, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Investors Title earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned media coverage about the insurance provider an impact score of 47.1647620567204 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of Investors Title (NASDAQ ITIC) traded up 0.05% during mid-day trading on Wednesday, reaching $174.12. 821 shares of the company were exchanged. The firm has a 50-day moving average price of $176.79 and a 200 day moving average price of $171.74. Investors Title has a 12 month low of $93.78 and a 12 month high of $199.74. The stock has a market capitalization of $328.56 million, a P/E ratio of 14.16 and a beta of 0.80.
Investors Title (NASDAQ:ITIC) last issued its quarterly earnings data on Friday, August 4th. The insurance provider reported $2.99 earnings per share (EPS) for the quarter. The firm had revenue of $40.13 million during the quarter. Investors Title had a net margin of 14.79% and a return on equity of 14.73%. Equities research analysts anticipate that Investors Title will post $2.03 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 1st will be issued a dividend of $0.40 per share. The ex-dividend date is Wednesday, August 30th. This represents a $1.60 dividend on an annualized basis and a yield of 0.92%. This is a boost from Investors Title’s previous quarterly dividend of $0.35. Investors Title’s payout ratio is currently 13.00%.
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About Investors Title
Investors Title Company is an insurance holding company. The Company, through its subsidiaries, Investors Title Insurance Company (ITIC) and National Investors Title Insurance Company (NITIC), is engaged in issuance of residential and commercial title insurance, Investors Title Insurance Company (ITIC) and National Investors Title Insurance Company (NITIC).
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