Insider Buying: Stewart Information Services (NYSE:STC) Director Acquires 1,000 Shares of Stock

Stewart Information Services Corporation (NYSE:STC) Director C Allen Bradley, Jr. acquired 1,000 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were acquired at an average price of $63.87 per share, for a total transaction of $63,870.00. Following the completion of the purchase, the director owned 25,034 shares of the company’s stock, valued at approximately $1,598,921.58. This represents a 4.16% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Stewart Information Services Stock Up 0.6%

Shares of NYSE STC traded up $0.35 during midday trading on Tuesday, reaching $64.14. 189,757 shares of the company’s stock traded hands, compared to its average volume of 141,502. The company has a quick ratio of 2.12, a current ratio of 2.12 and a debt-to-equity ratio of 0.39. The stock’s 50 day simple moving average is $65.62 and its 200-day simple moving average is $68.44. Stewart Information Services Corporation has a one year low of $56.39 and a one year high of $78.61. The company has a market cap of $1.95 billion, a price-to-earnings ratio of 14.20 and a beta of 0.99.

Stewart Information Services (NYSE:STC) last released its quarterly earnings data on Wednesday, April 22nd. The insurance provider reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.26. The firm had revenue of $778.40 million for the quarter, compared to the consensus estimate of $730.43 million. Stewart Information Services had a net margin of 4.19% and a return on equity of 10.07%. The company’s quarterly revenue was up 27.7% on a year-over-year basis. During the same period last year, the firm earned $0.25 earnings per share. On average, analysts predict that Stewart Information Services Corporation will post 5.8 EPS for the current fiscal year.

Stewart Information Services Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be paid a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 3.3%. The ex-dividend date is Monday, June 15th. Stewart Information Services’s dividend payout ratio (DPR) is 46.87%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Caitlin John LLC acquired a new position in Stewart Information Services during the third quarter valued at $31,000. Caitong International Asset Management Co. Ltd acquired a new position in Stewart Information Services during the fourth quarter valued at $43,000. Exchange Traded Concepts LLC acquired a new position in Stewart Information Services during the fourth quarter valued at $65,000. Horizon Investments LLC purchased a new position in Stewart Information Services in the fourth quarter valued at $65,000. Finally, Kemnay Advisory Services Inc. purchased a new position in Stewart Information Services in the fourth quarter valued at $66,000. 96.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on STC. Stephens reiterated an “overweight” rating and set a $88.00 price objective on shares of Stewart Information Services in a research note on Monday, May 18th. Zacks Research upgraded shares of Stewart Information Services to a “hold” rating in a research note on Wednesday, May 27th. Weiss Ratings reiterated a “buy (b)” rating on shares of Stewart Information Services in a research note on Friday, March 27th. Wall Street Zen upgraded shares of Stewart Information Services from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of Stewart Information Services from $78.00 to $81.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $83.00.

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.