Stewart Information Services (NYSE:STC) Posts Earnings Results

Stewart Information Services (NYSE:STC) released its quarterly earnings results on Wednesday. The insurance provider reported $1.65 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.30, FiscalAI reports. Stewart Information Services had a net margin of 3.95% and a return on equity of 9.65%. The business had revenue of $794.40 million for the quarter, compared to analysts’ expectations of $774.05 million. During the same period in the previous year, the company earned $1.12 earnings per share. The firm’s revenue for the quarter was up 18.7% compared to the same quarter last year.

Stewart Information Services Stock Up 1.1%

STC traded up $0.80 on Friday, hitting $71.67. The company had a trading volume of 14,500 shares, compared to its average volume of 258,738. The stock has a fifty day moving average price of $70.47 and a 200-day moving average price of $70.80. Stewart Information Services has a 12-month low of $56.39 and a 12-month 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 $2.01 billion, a price-to-earnings ratio of 17.73 and a beta of 1.01.

Stewart Information Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 15th were paid a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Monday, December 15th. Stewart Information Services’s dividend payout ratio is 51.98%.

Institutional Investors Weigh In On Stewart Information Services

Several institutional investors and hedge funds have recently added to or reduced their stakes in STC. CIBC Bancorp USA Inc. purchased a new stake in shares of Stewart Information Services in the third quarter valued at approximately $217,000. Dark Forest Capital Management LP acquired a new position in shares of Stewart Information Services in the third quarter valued at approximately $229,000. Susquehanna International Group LLP grew its holdings in shares of Stewart Information Services by 20.1% during the third quarter. Susquehanna International Group LLP now owns 44,163 shares of the insurance provider’s stock worth $3,238,000 after buying an additional 7,395 shares during the last quarter. Numerai GP LLC purchased a new stake in shares of Stewart Information Services during the third quarter worth about $207,000. Finally, Mariner LLC grew its stake in shares of Stewart Information Services by 14.0% in the third quarter. Mariner LLC now owns 5,898 shares of the insurance provider’s stock valued at $432,000 after buying an additional 723 shares in the last quarter. Institutional investors and hedge funds own 96.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Wall Street Zen raised shares of Stewart Information Services from a “hold” rating to a “buy” rating in a report on Saturday, January 31st. Citizens Jmp assumed coverage on Stewart Information Services in a research report on Monday. They set a “market outperform” rating and a $80.00 price target on the stock. Keefe, Bruyette & Woods raised Stewart Information Services from a “market perform” rating to an “outperform” rating and set a $81.00 price objective on the stock in a report on Monday, January 26th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Stewart Information Services in a research note on Monday, December 29th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $80.50.

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.