Brian Glaze Sells 1,500 Shares of Stewart Information Services (NYSE:STC) Stock

Stewart Information Services Corporation (NYSE:STC) insider Brian Glaze sold 1,500 shares of the business’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $69.16, for a total transaction of $103,740.00. Following the sale, the insider directly owned 11,784 shares of the company’s stock, valued at approximately $814,981.44. The trade was a 11.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Stewart Information Services Trading Down 0.8%

STC opened at $69.35 on Wednesday. Stewart Information Services Corporation has a fifty-two week low of $57.10 and a fifty-two week high of $78.61. The firm has a market capitalization of $2.12 billion, a PE ratio of 15.21 and a beta of 0.98. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.98 and a quick ratio of 1.98. The company’s 50-day moving average is $68.03 and its 200 day moving average is $66.89.

Stewart Information Services (NYSE:STC) last released its quarterly earnings results on Wednesday, July 22nd. The insurance provider reported $1.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.63 by ($0.24). The company had revenue of $895.80 million for the quarter, compared to analyst estimates of $838.07 million. Stewart Information Services had a net margin of 4.12% and a return on equity of 10.02%. Stewart Information Services’s revenue for the quarter was up 24.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.34 EPS. As a group, research analysts predict that Stewart Information Services Corporation will post 5.26 earnings per share for the current fiscal year.

Stewart Information Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend was Monday, June 15th. Stewart Information Services’s dividend payout ratio is presently 46.05%.

Institutional Investors Weigh In On Stewart Information Services

Large investors have recently modified their holdings of the stock. Caitlin John LLC bought a new stake in shares of Stewart Information Services in the second quarter valued at $28,000. Caitong International Asset Management Co. Ltd bought a new position in shares of Stewart Information Services during the 4th quarter worth $43,000. Horizon Investments LLC purchased a new stake in Stewart Information Services in the 4th quarter worth about $65,000. Kemnay Advisory Services Inc. purchased a new stake in Stewart Information Services in the 4th quarter worth about $66,000. Finally, Public Employees Retirement System of Ohio purchased a new stake in Stewart Information Services in the 2nd quarter worth about $67,000. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Wall Street Analyst Weigh In

STC has been the subject of several recent analyst reports. Keefe, Bruyette & Woods lowered shares of Stewart Information Services from an “outperform” rating to a “market perform” rating and reduced their target price for the stock from $77.00 to $71.00 in a research note on Monday, July 27th. Wall Street Zen lowered shares of Stewart Information Services from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Zacks Research cut shares of Stewart Information Services from a “hold” rating to a “strong sell” rating in a report on Monday, July 27th. Benchmark began coverage on shares of Stewart Information Services in a research report on Tuesday, July 21st. They issued a “buy” rating and a $87.00 price objective for the company. Finally, Weiss Ratings upgraded shares of Stewart Information Services from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, June 5th. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Stewart Information Services has a consensus rating of “Moderate Buy” and a consensus target price of $81.50.

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.