Stewart Information Services (NYSE:STC) Price Target Raised to $82.00

Stewart Information Services (NYSE:STC) had its price objective raised by Keefe, Bruyette & Woods from $81.00 to $82.00 in a research note issued to investors on Monday,Benzinga reports. They currently have an outperform rating on the insurance provider’s stock.

Several other analysts have also issued reports on STC. Citizens Jmp initiated coverage on Stewart Information Services in a research note on Monday, February 2nd. They issued a “market outperform” rating and a $80.00 price objective on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Stewart Information Services in a report on Monday, December 29th. Finally, Wall Street Zen downgraded Stewart Information Services from a “buy” rating to a “hold” rating in a report on Sunday. Three analysts have rated the stock with a Buy rating, According to MarketBeat, Stewart Information Services has a consensus rating of “Buy” and an average target price of $81.00.

Stewart Information Services Stock Performance

Shares of STC stock opened at $70.89 on Monday. The company has a fifty day moving average price of $70.04 and a two-hundred day moving average price of $71.14. Stewart Information Services has a one year low of $56.39 and a one year high of $78.61. The stock has a market cap of $1.99 billion, a P/E ratio of 17.55 and a beta of 1.01. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.19 and a quick ratio of 1.77.

Stewart Information Services (NYSE:STC) last released its quarterly earnings data on Wednesday, February 4th. The insurance provider reported $1.65 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.30. The company had revenue of $794.40 million for the quarter, compared to analyst estimates of $774.05 million. Stewart Information Services had a net margin of 3.95% and a return on equity of 9.32%. Stewart Information Services’s revenue for the quarter was up 18.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.12 EPS. As a group, equities analysts predict that Stewart Information Services will post 6.29 EPS for the current year.

Stewart Information Services Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Stockholders of record on Monday, December 15th were issued a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 3.0%. Stewart Information Services’s dividend payout ratio (DPR) is currently 51.98%.

Hedge Funds Weigh In On Stewart Information Services

A number of hedge funds have recently bought and sold shares of STC. Capital International Investors boosted its holdings in Stewart Information Services by 107.7% in the 3rd quarter. Capital International Investors now owns 764,459 shares of the insurance provider’s stock valued at $56,050,000 after purchasing an additional 396,390 shares during the period. Tributary Capital Management LLC boosted its stake in shares of Stewart Information Services by 92.5% in the third quarter. Tributary Capital Management LLC now owns 568,864 shares of the insurance provider’s stock valued at $41,709,000 after buying an additional 273,424 shares during the period. Cooke & Bieler LP grew its position in Stewart Information Services by 23.2% during the third quarter. Cooke & Bieler LP now owns 551,519 shares of the insurance provider’s stock worth $40,437,000 after buying an additional 103,777 shares in the last quarter. Portolan Capital Management LLC bought a new position in Stewart Information Services during the 3rd quarter worth $7,463,000. Finally, Vanguard Group Inc. increased its stake in Stewart Information Services by 4.6% during the 4th quarter. Vanguard Group Inc. now owns 2,044,758 shares of the insurance provider’s stock worth $143,665,000 after acquiring an additional 90,233 shares during the period. 96.90% of the stock is owned by institutional investors.

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.