Stewart Information Services (NYSE:STC) Announces Quarterly Earnings Results, Misses Estimates By $0.24 EPS

Stewart Information Services (NYSE:STC) issued its quarterly earnings results on Wednesday. The insurance provider reported $1.39 earnings per share for the quarter, missing analysts’ consensus estimates of $1.63 by ($0.24), FiscalAI reports. Stewart Information Services had a net margin of 4.19% and a return on equity of 10.07%. The company had revenue of $895.80 million during the quarter, compared to the consensus estimate of $838.07 million. During the same period last year, the company earned $1.34 earnings per share. Stewart Information Services’s revenue for the quarter was up 24.5% on a year-over-year basis.

Stewart Information Services Trading Down 0.9%

STC stock opened at $69.51 on Thursday. Stewart Information Services has a 1-year low of $57.10 and a 1-year high of $78.61. The firm has a market cap of $2.12 billion, a P/E ratio of 15.52 and a beta of 0.99. The business’s 50 day moving average is $67.17 and its 200-day moving average is $66.84. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 0.39.

Stewart Information Services Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend was Monday, June 15th. Stewart Information Services’s payout ratio is presently 46.88%.

Analyst Ratings Changes

Several research firms recently weighed in on STC. Keefe, Bruyette & Woods reduced their target price on shares of Stewart Information Services from $81.00 to $77.00 and set an “outperform” rating for the company in a research note on Thursday, June 25th. Wall Street Zen raised Stewart Information Services from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Weiss Ratings upgraded Stewart Information Services from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, June 5th. Benchmark started coverage on Stewart Information Services in a research report on Tuesday. They set a “buy” rating and a $87.00 price objective on the stock. Finally, Zacks Research upgraded Stewart Information Services to a “hold” rating in a research note on Wednesday, May 27th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $83.00.

Insider Activity at Stewart Information Services

In other Stewart Information Services news, CFO David C. Hisey sold 10,992 shares of the stock in a transaction on Friday, April 24th. The stock was sold at an average price of $71.28, for a total transaction of $783,509.76. Following the completion of the transaction, the chief financial officer directly owned 61,929 shares in the company, valued at $4,414,299.12. This represents a 15.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director C Allen Bradley, Jr. acquired 1,000 shares of the business’s stock in a transaction on Monday, June 1st. The shares were bought at an average cost of $63.87 per share, with a total value of $63,870.00. Following the completion of the acquisition, the director owned 25,034 shares of the company’s stock, valued at approximately $1,598,921.58. This trade represents a 4.16% increase in their position. The SEC filing for this purchase provides additional information. 2.94% of the stock is owned by company insiders.

Institutional Investors Weigh In On Stewart Information Services

A number of hedge funds have recently made changes to their positions in the company. Kestra Advisory Services LLC increased its stake in shares of Stewart Information Services by 9.7% in the fourth quarter. Kestra Advisory Services LLC now owns 3,959 shares of the insurance provider’s stock valued at $278,000 after buying an additional 351 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in Stewart Information Services during the 4th quarter worth about $221,000. Franklin Resources Inc. acquired a new position in Stewart Information Services during the 4th quarter worth about $215,000. CIBC Bancorp USA Inc. bought a new stake in Stewart Information Services during the 3rd quarter worth about $217,000. Finally, Dark Forest Capital Management LP bought a new stake in Stewart Information Services during the 3rd quarter worth about $229,000. Institutional investors and hedge funds own 96.90% of the company’s stock.

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.