Stewart Information Services Corporation (NYSE:STC) issued its quarterly earnings results on Monday. The insurance provider reported $0.46 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.71 by ($0.25), RTT News reports. The company had revenue of $498.05 million during the quarter, compared to analyst estimates of $470.30 million. Stewart Information Services Corporation had a net margin of 3.27% and a return on equity of 9.77%. The business’s revenue was down 8.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.12 EPS.
Stewart Information Services Corporation (STC) opened at $39.24 on Tuesday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.68 and a current ratio of 2.68. Stewart Information Services Corporation has a 52-week low of $34.48 and a 52-week high of $48.17. The stock has a market capitalization of $905.48, a P/E ratio of 14.02 and a beta of 0.88.
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Several equities analysts recently issued reports on the company. Keefe, Bruyette & Woods restated a “sell” rating and issued a $38.00 price target on shares of Stewart Information Services Corporation in a research report on Thursday, October 12th. BidaskClub cut Stewart Information Services Corporation from a “hold” rating to a “sell” rating in a research report on Sunday, July 30th.
Stewart Information Services Corporation Company Profile
Stewart Information Services Corporation is a global real estate services company. The Company is engaged in offering products and services through its direct operations, network of Stewart Trusted Providers and family of companies. The Company operates through two segments: title insurance and ancillary services and corporate.
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