Stewart Information Services (NYSE:STC) Announces Quarterly Earnings Results, Misses Expectations By $0.24 EPS

Stewart Information Services (NYSE:STC) announced its quarterly earnings data on Wednesday. The insurance provider reported $1.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.63 by ($0.24), FiscalAI reports. Stewart Information Services had a net margin of 4.19% and a return on equity of 10.07%. The firm had revenue of $895.80 million for the quarter, compared to analyst estimates of $838.07 million.

Stewart Information Services Stock Performance

Shares of Stewart Information Services stock traded down $0.62 on Wednesday, reaching $69.51. 197,000 shares of the company were exchanged, compared to its average volume of 228,641. The firm has a market cap of $2.11 billion, a price-to-earnings ratio of 15.52 and a beta of 0.99. Stewart Information Services has a 1-year low of $57.10 and a 1-year high of $78.61. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.12 and a current ratio of 2.12. The company’s 50-day moving average is $67.11 and its two-hundred day moving average is $66.84.

Stewart Information Services Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Monday, June 15th. Stewart Information Services’s dividend payout ratio is presently 46.87%.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Keefe, Bruyette & Woods decreased their target price on Stewart Information Services from $81.00 to $77.00 and set an “outperform” rating for the company in a research report on Thursday, June 25th. Benchmark started coverage on Stewart Information Services in a research report on Tuesday. They set a “buy” rating and a $87.00 price target on the stock. Weiss Ratings raised shares of Stewart Information Services from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, June 5th. Zacks Research upgraded shares of Stewart Information Services to a “hold” rating in a research note on Wednesday, May 27th. Finally, Wall Street Zen raised shares of Stewart Information Services from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Stewart Information Services currently has an average rating of “Moderate Buy” and a consensus target price of $83.00.

Insiders Place Their Bets

In other Stewart Information Services news, CFO David C. Hisey sold 10,992 shares of the company’s stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $71.28, for a total value of $783,509.76. Following the completion of the transaction, the chief financial officer owned 61,929 shares in the company, valued at approximately $4,414,299.12. This represents a 15.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director C Allen Bradley, Jr. purchased 1,000 shares of the company’s stock in a transaction on Monday, June 1st. The stock was purchased at an average price of $63.87 per share, for a total transaction of $63,870.00. Following the purchase, the director directly owned 25,034 shares of the company’s stock, valued at $1,598,921.58. This trade represents a 4.16% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 2.94% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Stewart Information Services

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Alliancebernstein L.P. boosted its position in shares of Stewart Information Services by 0.9% during the 3rd quarter. Alliancebernstein L.P. now owns 28,704 shares of the insurance provider’s stock valued at $2,105,000 after purchasing an additional 254 shares in the last quarter. Kestra Advisory Services LLC raised its holdings in shares of Stewart Information Services by 9.7% in the 4th quarter. Kestra Advisory Services LLC now owns 3,959 shares of the insurance provider’s stock worth $278,000 after purchasing an additional 351 shares in the last quarter. California State Teachers Retirement System lifted its stake in Stewart Information Services by 1.5% during the second quarter. California State Teachers Retirement System now owns 25,582 shares of the insurance provider’s stock valued at $1,665,000 after purchasing an additional 368 shares during the last quarter. Mariner LLC lifted its stake in Stewart Information Services by 6.9% during the fourth quarter. Mariner LLC now owns 6,304 shares of the insurance provider’s stock valued at $443,000 after purchasing an additional 406 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC boosted its holdings in Stewart Information Services by 0.3% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 133,547 shares of the insurance provider’s stock worth $9,792,000 after buying an additional 447 shares in the last quarter. 96.90% of the stock is currently owned by institutional investors and hedge funds.

Stewart Information Services Company Profile

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.