Stewart Information Services Corporation (NYSE:STC – Get Free Report) Director Clifford Bradley, Jr. acquired 2,000 shares of the stock in a transaction that occurred on Friday, October 23rd. The shares were bought at an average price of $47.30 per share, for a total transaction of $94,600.00. Following the transaction, the director owned 27,034 shares of the company’s stock, valued at $1,278,708.20. This trade represents a 7.99% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.
Stewart Information Services Stock Performance
Shares of Stewart Information Services stock opened at $43.47 on Wednesday. Stewart Information Services Corporation has a twelve month low of $42.73 and a twelve month high of $78.61. The company’s 50 day moving average is $59.71 and its 200 day moving average is $65.07.
Stewart Information Services (NYSE:STC – Get Free Report) last posted its earnings results on Wednesday, October 21st. The insurance provider reported $1.33 EPS for the quarter, missing analysts’ consensus estimates of $1.50 by ($0.17). The business had revenue of $900.70 million for the quarter, compared to analyst estimates of $903.67 million. During the same period in the previous year, the business posted $1.64 earnings per share. Equities analysts expect that Stewart Information Services Corporation will post 4.89 EPS for the current fiscal year.
Stewart Information Services Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th were issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend was Tuesday, September 15th. This is a positive change from Stewart Information Services’s previous quarterly dividend of $0.5250.
Key Stories Impacting Stewart Information Services
Here are the key news stories impacting Stewart Information Services this week:
- Positive Sentiment: Insider buying is the clearest positive catalyst. CEO Frederick Eppinger purchased 3,000 shares for approximately $133,350, while directors Deborah Jane Matz, Clifford Bradley Jr., William S. Corey Jr. and Thomas G. Apel collectively bought 7,000 shares. These purchases, made at prices ranging from $43.91 to $47.73, may signal that company insiders view STC as undervalued after its recent decline. CEO SEC filing Director SEC filing
- Positive Sentiment: Stephens maintained an “overweight” rating despite lowering its price target from $80 to $70. The revised target remains materially above recent trading levels, suggesting the analyst still sees substantial potential upside. Stephens analyst report
- Positive Sentiment: Stewart’s quarterly dividend was increased to $0.55 per share from $0.525, equating to a $2.20 annualized payout and a yield of approximately 5.1% at recent prices. The higher income return may help support valuation-oriented investors.
- Neutral Sentiment: Dowling & Partners issued a fiscal 2027 earnings estimate, but the available information does not disclose the forecast or indicate whether expectations changed. Fiscal 2027 earnings estimate
- Negative Sentiment: Recent quarterly results remain an overhang. Stewart reported EPS of $1.33 versus the $1.50 consensus estimate, while revenue of $900.7 million was slightly below expectations and EPS declined from $1.64 a year earlier.
- Negative Sentiment: The stock remains close to its 52-week low and well below its 50-day and 200-day moving averages, reflecting continued investor concern about near-term earnings and real-estate transaction conditions. Analyst sentiment is mixed, with a consensus rating of “Hold.”
Hedge Funds Weigh In On Stewart Information Services
A number of institutional investors and hedge funds have recently made changes to their positions in STC. Caitlin John LLC bought a new stake in Stewart Information Services during the second quarter valued at approximately $28,000. Integrated Wealth Concepts LLC purchased a new stake in Stewart Information Services during the second quarter valued at approximately $42,000. Kings Path Partners LLC purchased a new stake in Stewart Information Services during the third quarter valued at approximately $52,000. Versant Capital Management Inc increased its holdings in Stewart Information Services by 93.6% during the third quarter. Versant Capital Management Inc now owns 1,152 shares of the insurance provider’s stock valued at $57,000 after buying an additional 557 shares during the last quarter. Finally, Public Employees Retirement System of Ohio bought a new position in Stewart Information Services in the second quarter worth approximately $67,000. Hedge funds and other institutional investors own 96.90% of the company’s stock.
Analyst Ratings Changes
A number of research firms have recently issued reports on STC. Citigroup restated a “market outperform” rating on shares of Stewart Information Services in a research note on Monday, October 12th. Weiss Ratings cut Stewart Information Services from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, October 19th. Zacks Research cut Stewart Information Services from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 22nd. Stephens lowered their target price on Stewart Information Services from $80.00 to $70.00 and set an “overweight” rating on the stock in a report on Monday. Finally, Wall Street Zen cut Stewart Information Services from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Stewart Information Services currently has a consensus rating of “Hold” and an average price target of $75.75.
Check Out Our Latest Report on STC
Stewart Information Services Company Profile
Stewart Information Services Corporation (NYSE: STC) is a global provider of title insurance and real estate transaction services. Through its Stewart Title operations, the company helps protect property owners, lenders and other participants from losses arising from defects in a property’s title.
The company offers title searches and examinations, title insurance policies, escrow and closing services, settlement services, and related solutions for residential and commercial real estate transactions.
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