Stewart Information Services Corporation (NYSE:STC) Given Average Rating of “Moderate Buy” by Brokerages

Stewart Information Services Corporation (NYSE:STC) has earned an average recommendation of “Moderate Buy” from the five ratings firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $83.00.

A number of equities research analysts have recently commented on STC shares. Weiss Ratings raised Stewart Information Services from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, June 5th. Wall Street Zen raised Stewart Information Services from a “hold” rating to a “buy” rating in a research report on Saturday, April 25th. Zacks Research raised Stewart Information Services to a “hold” rating in a research report on Wednesday, May 27th. Stephens reissued an “overweight” rating and set a $88.00 price target on shares of Stewart Information Services in a research report on Monday, May 18th. Finally, Keefe, Bruyette & Woods boosted their price target on Stewart Information Services from $78.00 to $81.00 and gave the company an “outperform” rating in a research report on Friday, April 24th.

Stewart Information Services Price Performance

Shares of NYSE:STC opened at $66.19 on Tuesday. The company has a market cap of $2.01 billion, a P/E ratio of 14.77 and a beta of 0.99. The company has a quick ratio of 2.12, a current ratio of 2.12 and a debt-to-equity ratio of 0.39. Stewart Information Services has a 52 week low of $56.39 and a 52 week high of $78.61. The business has a fifty day simple moving average of $67.02 and a 200-day simple moving average of $67.49.

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

Stewart Information Services Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Monday, June 15th. Stewart Information Services’s payout ratio is 46.88%.

Insider Transactions at Stewart Information Services

In other news, Director C Allen Bradley, Jr. purchased 1,000 shares of the stock in a transaction on Monday, June 1st. The stock was purchased at an average price of $63.87 per share, with a total value of $63,870.00. Following the completion of the transaction, the director owned 25,034 shares in the company, valued at approximately $1,598,921.58. The trade was a 4.16% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO David C. Hisey sold 10,992 shares of the business’s stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $71.28, for a total value of $783,509.76. Following the sale, the chief financial officer directly owned 61,929 shares of the company’s stock, valued at approximately $4,414,299.12. This trade represents a 15.07% decrease in their position. The disclosure for this sale is available in the SEC filing. 2.94% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of STC. Caitlin John LLC acquired a new position in shares of Stewart Information Services during the third quarter worth about $31,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Stewart Information Services during the fourth quarter worth about $43,000. Exchange Traded Concepts LLC acquired a new position in shares of Stewart Information Services during the fourth quarter worth about $65,000. Horizon Investments LLC acquired a new position in shares of Stewart Information Services during the fourth quarter worth about $65,000. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of Stewart Information Services during the fourth quarter worth about $66,000. Institutional investors and hedge funds own 96.90% of the company’s stock.

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.