Stewart Information Services (NYSE:STC) Lowered to “Market Perform” Rating by Keefe, Bruyette & Woods

Stewart Information Services (NYSE:STC) was downgraded by equities research analysts at Keefe, Bruyette & Woods from an “outperform” rating to a “market perform” rating in a research note issued to investors on Monday, Marketbeat.com reports. They presently have a $71.00 price target on the insurance provider’s stock. Keefe, Bruyette & Woods’ price target indicates a potential upside of 5.21% from the stock’s current price.

STC has been the subject of several other reports. Zacks Research raised shares of Stewart Information Services to a “hold” rating in a research note on Wednesday, May 27th. Benchmark began coverage on Stewart Information Services in a report on Tuesday, July 21st. They set a “buy” rating and a $87.00 price objective on the stock. Stephens restated an “overweight” rating and issued a $88.00 price target on shares of Stewart Information Services in a report on Monday, May 18th. Wall Street Zen cut shares of Stewart Information Services from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Weiss Ratings upgraded shares of Stewart Information Services from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, June 5th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Stewart Information Services has an average rating of “Moderate Buy” and a consensus target price of $81.50.

Stewart Information Services Price Performance

NYSE:STC opened at $67.48 on Monday. Stewart Information Services has a 12-month low of $57.10 and a 12-month high of $78.61. The firm has a market cap of $2.05 billion, a price-to-earnings ratio of 14.80 and a beta of 0.99. The company’s 50-day moving average is $67.12 and its two-hundred day moving average is $66.77. The company has a current ratio of 1.98, a quick ratio of 2.12 and a debt-to-equity ratio of 0.39.

Stewart Information Services (NYSE:STC) last issued its quarterly earnings results on Wednesday, July 22nd. The insurance provider reported $1.39 EPS for the quarter, missing analysts’ consensus estimates of $1.63 by ($0.24). The firm had revenue of $895.80 million for the quarter, compared to analysts’ expectations of $838.07 million. Stewart Information Services had a return on equity of 10.02% and a net margin of 4.12%.The business’s quarterly revenue was up 24.5% compared to the same quarter last year. During the same quarter last year, the firm earned $1.34 earnings per share. Research analysts expect that Stewart Information Services will post 5.8 EPS for the current year.

Insider Activity at Stewart Information Services

In other Stewart Information Services news, Director C Allen Bradley, Jr. acquired 1,000 shares of the 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 in the company, valued at $1,598,921.58. This trade represents a 4.16% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 2.94% of the company’s stock.

Institutional Investors Weigh In On Stewart Information Services

Hedge funds and other institutional investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd acquired a new stake in Stewart Information Services during the fourth quarter valued at approximately $43,000. Exchange Traded Concepts LLC bought a new stake in Stewart Information Services during the fourth quarter valued at $65,000. Horizon Investments LLC bought a new position in shares of Stewart Information Services in the 4th quarter worth about $65,000. Kemnay Advisory Services Inc. acquired a new position in shares of Stewart Information Services in the 4th quarter valued at about $66,000. Finally, Clearstead Advisors LLC raised its stake in Stewart Information Services by 50.9% during the fourth quarter. Clearstead Advisors LLC now owns 981 shares of the insurance provider’s stock worth $69,000 after acquiring an additional 331 shares during the period. 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.