Investors Title (NASDAQ:ITIC – Get Free Report) issued its earnings results on Thursday. The insurance provider reported $4.41 earnings per share (EPS) for the quarter, Zacks reports. Investors Title had a return on equity of 10.99% and a net margin of 11.83%.
Investors Title Price Performance
NASDAQ ITIC opened at $228.61 on Friday. Investors Title has a 1-year low of $146.41 and a 1-year high of $290.40. The company has a market capitalization of $429.78 million, a P/E ratio of 15.13 and a beta of 0.91. The business has a 50 day moving average price of $236.93 and a 200 day moving average price of $235.50.
Analyst Ratings Changes
Separately, StockNews.com downgraded Investors Title from a “buy” rating to a “hold” rating in a research note on Tuesday.
About Investors Title
Investors Title Company engages in the issuance of residential and commercial title insurance for residential, institutional, commercial, and industrial properties. The company underwrites land title insurance for owners and mortgagees as a primary insurer; and assumes the reinsurance of title insurance risks from other title insurance companies.
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