Stewart Information Services (NYSE:STC) Issues Earnings Results

Stewart Information Services (NYSE:STC) released its quarterly earnings results on Wednesday. The insurance provider reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.25, FiscalAI reports. Stewart Information Services had a return on equity of 9.32% and a net margin of 3.95%.The company had revenue of $778.40 million during the quarter, compared to analysts’ expectations of $730.43 million.

Stewart Information Services Stock Performance

Shares of STC stock traded up $0.83 during mid-day trading on Wednesday, reaching $68.08. The stock had a trading volume of 267,739 shares, compared to its average volume of 244,779. The business’s fifty day moving average is $65.03 and its 200-day moving average is $68.81. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.39. The firm has a market cap of $2.07 billion, a price-to-earnings ratio of 16.85 and a beta of 1.03. Stewart Information Services has a 1-year low of $56.39 and a 1-year high of $78.61.

Stewart Information Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th were issued a $0.525 dividend. The ex-dividend date of this dividend was Monday, March 16th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 3.1%. Stewart Information Services’s dividend payout ratio is currently 51.98%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on STC shares. Stephens raised Stewart Information Services from an “equal weight” rating to an “overweight” rating and set a $82.00 price objective on the stock in a report on Friday, February 27th. Keefe, Bruyette & Woods cut their price objective on Stewart Information Services from $82.00 to $78.00 and set an “outperform” rating on the stock in a report on Friday, April 10th. Weiss Ratings reissued a “buy (b)” rating on shares of Stewart Information Services in a report on Friday, March 27th. Wall Street Zen lowered Stewart Information Services from a “buy” rating to a “hold” rating in a report on Saturday, April 11th. Finally, Citizens Jmp started coverage on Stewart Information Services in a report on Monday, February 2nd. They issued a “market outperform” rating and a $80.00 price objective on the stock. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, Stewart Information Services currently has a consensus rating of “Buy” and a consensus price target of $80.00.

Insider Buying and Selling at Stewart Information Services

In related news, Director C Allen Bradley, Jr. bought 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The shares were purchased at an average cost of $65.34 per share, with a total value of $65,340.00. Following the completion of the acquisition, the director directly owned 21,243 shares in the company, valued at approximately $1,388,017.62. The trade was a 4.94% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.94% of the company’s stock.

Institutional Trading of Stewart Information Services

Several hedge funds and other institutional investors have recently bought and sold shares of STC. Royal Bank of Canada grew its holdings 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 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 worth $612,000 after acquiring an additional 483 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Stewart Information Services by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,105 shares of the insurance provider’s stock worth $1,149,000 after acquiring an additional 712 shares during the period. Jones Financial Companies Lllp grew its holdings in Stewart Information Services by 44,842.9% during the first quarter. Jones Financial Companies Lllp now owns 3,146 shares of the insurance provider’s stock worth $224,000 after acquiring an additional 3,139 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Stewart Information Services by 10.2% during 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 acquiring an additional 7,923 shares during the period. 96.90% of the stock is owned by institutional investors and hedge funds.

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.