Stewart Information Services (NYSE:STC) Issues Quarterly Earnings Results

Stewart Information Services (NYSE:STCGet Free Report) issued its quarterly earnings data on Wednesday. The insurance provider reported $1.65 EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $794.40 million for the quarter, compared to analysts’ expectations of $774.05 million.

Stewart Information Services Stock Up 1.3%

Shares of STC stock traded up $0.91 during trading hours on Wednesday, hitting $68.71. 209,216 shares of the company were exchanged, compared to its average volume of 267,118. Stewart Information Services has a one year low of $56.39 and a one year high of $78.61. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.77 and a current ratio of 1.77. The stock has a market capitalization of $1.93 billion, a price-to-earnings ratio of 19.14 and a beta of 1.01. The business’s 50-day simple moving average is $70.75 and its two-hundred day simple moving average is $70.82.

Stewart Information Services Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Wall Street Zen upgraded Stewart Information Services from a “hold” rating to a “buy” rating in a report on Saturday. Keefe, Bruyette & Woods raised shares of Stewart Information Services from a “market perform” rating to an “outperform” rating and set a $81.00 target price on the stock in a research report on Monday, January 26th. Weiss Ratings restated a “buy (b)” rating on shares of Stewart Information Services in a research note on Monday, December 29th. Finally, Citizens Jmp assumed coverage on shares of Stewart Information Services in a research note on Monday. They set a “market outperform” rating and a $80.00 price target on the stock. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Stewart Information Services currently has a consensus rating of “Buy” and an average target price of $81.00.

Get Our Latest Stock Analysis on Stewart Information Services

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of STC. Royal Bank of Canada raised its stake in Stewart Information Services by 2.4% during the first quarter. Royal Bank of Canada now owns 128,363 shares of the insurance provider’s stock worth $9,158,000 after acquiring an additional 3,022 shares during the period. AQR Capital Management LLC grew its holdings in shares of Stewart Information Services by 6.0% during the first quarter. AQR Capital Management LLC now owns 8,583 shares of the insurance provider’s stock valued at $612,000 after purchasing an additional 483 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Stewart Information Services by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,105 shares of the insurance provider’s stock worth $1,149,000 after purchasing an additional 712 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of Stewart Information Services by 44,842.9% in the 1st quarter. Jones Financial Companies Lllp now owns 3,146 shares of the insurance provider’s stock worth $224,000 after purchasing an additional 3,139 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Stewart Information Services by 10.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 85,522 shares of the insurance provider’s stock worth $6,102,000 after buying an additional 7,923 shares during the period. 96.90% of the stock is currently owned by institutional investors.

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.

See Also

Earnings History for Stewart Information Services (NYSE:STC)

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