Wall Street Zen Upgrades Stewart Information Services (NYSE:STC) to “Buy”

Stewart Information Services (NYSE:STC) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

A number of other research analysts have also recently commented on STC. Keefe, Bruyette & Woods upped their price objective on Stewart Information Services from $81.00 to $82.00 and gave the company an “outperform” rating in a report on Monday, February 9th. Weiss Ratings reissued a “buy (b)” rating on shares of Stewart Information Services in a research note on Monday, December 29th. Citizens Jmp started coverage on Stewart Information Services in a research note on Monday, February 2nd. They set a “market outperform” rating and a $80.00 target price for the company. Finally, Stephens upgraded shares of Stewart Information Services from an “equal weight” rating to an “overweight” rating and set a $82.00 price target for the company in a report on Friday, February 27th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $81.33.

Stewart Information Services Trading Down 4.8%

Shares of Stewart Information Services stock opened at $57.43 on Friday. The stock’s 50 day simple moving average is $67.26 and its 200-day simple moving average is $70.56. The stock has a market cap of $1.75 billion, a P/E ratio of 14.21 and a beta of 1.00. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.21 and a quick ratio of 2.21. Stewart Information Services has a 1-year low of $56.39 and a 1-year high of $78.61.

Stewart Information Services (NYSE:STC) last issued its earnings results on Wednesday, February 4th. The insurance provider reported $1.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.30. Stewart Information Services had a return on equity of 9.32% and a net margin of 3.95%.The company had revenue of $794.40 million during the quarter, compared to analysts’ expectations of $774.05 million. During the same period in the prior year, the business earned $1.12 EPS. The firm’s quarterly revenue was up 18.7% on a year-over-year basis. Analysts predict that Stewart Information Services will post 6.29 EPS for the current fiscal year.

Insider Transactions at Stewart Information Services

In other news, Director C Allen Bradley, Jr. purchased 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The stock was purchased at an average cost of $65.34 per share, with a total value of $65,340.00. Following the completion of the acquisition, the director directly owned 21,243 shares of the company’s stock, valued at approximately $1,388,017.62. This trade represents a 4.94% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 2.78% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of STC. Caitlin John LLC purchased a new position in Stewart Information Services in the third quarter valued at about $31,000. Caitong International Asset Management Co. Ltd purchased a new position in Stewart Information Services in the 4th quarter valued at about $43,000. GAMMA Investing LLC boosted its position in Stewart Information Services by 138.3% during the third quarter. GAMMA Investing LLC now owns 741 shares of the insurance provider’s stock worth $54,000 after acquiring an additional 430 shares during the last quarter. Exchange Traded Concepts LLC acquired a new stake in shares of Stewart Information Services during the fourth quarter worth $65,000. Finally, Horizon Investments LLC acquired a new stake in shares of Stewart Information Services in the fourth quarter worth approximately $65,000. Hedge funds and other institutional investors own 96.90% of the company’s stock.

About Stewart Information Services

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.