Stewart Information Services (NYSE:STC) Share Price Passes Above 200-Day Moving Average – What’s Next?

Stewart Information Services Corporation (NYSE:STC)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $70.25 and traded as high as $71.00. Stewart Information Services shares last traded at $69.2860, with a volume of 245,814 shares changing hands.

Analyst Ratings Changes

STC has been the subject of several research analyst reports. Keefe, Bruyette & Woods raised their target price on shares of Stewart Information Services from $78.00 to $81.00 and gave the stock a “market perform” rating in a research report on Thursday, December 18th. Wall Street Zen upgraded Stewart Information Services from a “hold” rating to a “buy” rating in a report on Sunday, October 19th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Stewart Information Services in a research note on Monday, December 29th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Stewart Information Services presently has an average rating of “Moderate Buy” and a consensus price target of $81.50.

Stewart Information Services Trading Down 2.4%

The firm has a market capitalization of $1.94 billion, a PE ratio of 19.30 and a beta of 1.02. The firm has a 50 day simple moving average of $72.50 and a 200 day simple moving average of $70.25. The company has a current ratio of 1.77, a quick ratio of 1.77 and a debt-to-equity ratio of 0.30.

Stewart Information Services (NYSE:STC) last announced its quarterly earnings results on Wednesday, October 22nd. The insurance provider reported $1.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.42 by $0.22. Stewart Information Services had a return on equity of 8.57% and a net margin of 3.65%.The firm had revenue of $791.30 million for the quarter, compared to the consensus estimate of $737.30 million. During the same period in the prior year, the company posted $1.07 earnings per share. The company’s quarterly revenue was up 19.3% on a year-over-year basis. Equities analysts expect that Stewart Information Services Corporation will post 6.29 earnings per share for the current fiscal year.

Stewart Information Services Announces Dividend

The business also recently disclosed 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. This represents a $2.10 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend was Monday, December 15th. Stewart Information Services’s payout ratio is presently 58.50%.

Institutional Investors Weigh In On Stewart Information Services

A number of large investors have recently added to or reduced their stakes in STC. JPMorgan Chase & Co. lifted its holdings in shares of Stewart Information Services by 8.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 44,935 shares of the insurance provider’s stock valued at $3,295,000 after buying an additional 3,514 shares during the period. Penn Capital Management Company LLC purchased a new stake in Stewart Information Services during the third quarter valued at $2,309,000. CIBC Bancorp USA Inc. bought a new position in Stewart Information Services in the third quarter valued at about $217,000. Dark Forest Capital Management LP purchased a new position in Stewart Information Services in the third quarter worth about $229,000. Finally, Susquehanna International Group LLP grew its stake in shares of Stewart Information Services by 20.1% during the 3rd quarter. Susquehanna International Group LLP now owns 44,163 shares of the insurance provider’s stock valued at $3,238,000 after purchasing an additional 7,395 shares during the period. Institutional investors 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.