Stewart Information Services (NYSE:STC) Issues Earnings Results

Stewart Information Services (NYSE:STCGet Free Report) announced its quarterly earnings data on Wednesday. The insurance provider reported $1.65 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.30, FiscalAI reports. Stewart Information Services had a return on equity of 8.57% and a net margin of 3.65%.The business had revenue of $794.40 million during the quarter, compared to analyst estimates of $774.05 million.

Stewart Information Services Stock Up 1.3%

NYSE:STC traded up $0.91 on Wednesday, hitting $68.71. 209,216 shares of the company’s stock traded hands, compared to its average volume of 267,118. The company has a market cap of $1.93 billion, a PE ratio of 19.14 and a beta of 1.01. Stewart Information Services has a 1 year low of $56.39 and a 1 year high of $78.61. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.30. The firm has a 50-day moving average price of $70.75 and a 200-day moving average price of $70.82.

Stewart Information Services Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Shareholders of record on Monday, December 15th were paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Monday, December 15th. Stewart Information Services’s payout ratio is 58.50%.

Wall Street Analysts Forecast Growth

STC has been the subject of a number of research reports. Wall Street Zen upgraded shares of Stewart Information Services from a “hold” rating to a “buy” rating in a report on Saturday. Keefe, Bruyette & Woods upgraded Stewart Information Services from a “market perform” rating to an “outperform” rating and set a $81.00 price objective for the company in a research report on Monday, January 26th. Citizens Jmp began coverage on Stewart Information Services in a report on Monday. They issued a “market outperform” rating and a $80.00 target price on the stock. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Stewart Information Services in a report on Monday, December 29th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Stewart Information Services currently has an average rating of “Buy” and a consensus price target of $81.00.

View Our Latest Stock Analysis on Stewart Information Services

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in STC. Quadrant Capital Group LLC acquired a new stake in shares of Stewart Information Services in the third quarter worth $143,000. Tower Research Capital LLC TRC raised its holdings in Stewart Information Services by 70.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,271 shares of the insurance provider’s stock worth $148,000 after acquiring an additional 935 shares during the period. State of Wyoming lifted its position in Stewart Information Services by 216.1% during the 2nd quarter. State of Wyoming now owns 2,658 shares of the insurance provider’s stock worth $173,000 after acquiring an additional 1,817 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in Stewart Information Services by 46.6% during the second quarter. BNP Paribas Financial Markets now owns 3,094 shares of the insurance provider’s stock valued at $201,000 after acquiring an additional 984 shares during the period. Finally, Numerai GP LLC acquired a new stake in shares of Stewart Information Services in the third quarter valued at about $207,000. Institutional investors and hedge funds own 96.90% of the company’s stock.

About Stewart Information Services

(Get Free Report)

Stewart Information Services Corporation (NYSE: STC) is a publicly traded provider of title insurance and real estate transaction services. The company underwrites title insurance policies for residential and commercial properties, offering lenders and property owners protection against title defects and liens. Beyond title insurance, Stewart delivers a range of ancillary services, including closing and escrow administration, property valuation, and risk mitigation solutions designed to streamline the mortgage process and reduce operational complexity for clients.

In addition to core title and settlement services, Stewart offers technology-driven products aimed at enhancing transparency and efficiency in real estate transactions.

Further Reading

Earnings History for Stewart Information Services (NYSE:STC)

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