Keefe, Bruyette & Woods Issues Pessimistic Forecast for Stewart Information Services (NYSE:STC) Stock Price

Stewart Information Services (NYSE:STCGet Free Report) had its price objective decreased by stock analysts at Keefe, Bruyette & Woods from $82.00 to $78.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has an “outperform” rating on the insurance provider’s stock. Keefe, Bruyette & Woods’ price target points to a potential upside of 20.84% from the stock’s current price.

Several other research firms also recently weighed in on STC. Weiss Ratings reissued a “buy (b)” rating on shares of Stewart Information Services in a report on Friday, March 27th. Wall Street Zen raised Stewart Information Services from a “hold” rating to a “buy” rating in a report on Saturday, March 21st. Stephens raised Stewart Information Services from an “equal weight” rating to an “overweight” rating and set a $82.00 target price on the stock in a report on Friday, February 27th. Finally, Citizens Jmp started coverage on Stewart Information Services in a report on Monday, February 2nd. They set a “market outperform” rating and a $80.00 target price on the stock. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Stewart Information Services has an average rating of “Buy” and a consensus price target of $80.00.

Get Our Latest Research Report on STC

Stewart Information Services Trading Down 1.1%

Shares of STC opened at $64.55 on Friday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.21 and a current ratio of 2.21. Stewart Information Services has a 52-week low of $56.39 and a 52-week high of $78.61. The firm has a market cap of $1.96 billion, a price-to-earnings ratio of 15.98 and a beta of 1.03. The business’s fifty day moving average is $65.59 and its 200-day moving average is $69.21.

Stewart Information Services (NYSE:STCGet Free Report) last released its quarterly earnings data on Wednesday, February 4th. The insurance provider reported $1.65 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.30. Stewart Information Services had a return on equity of 9.32% and a net margin of 3.95%.The company had revenue of $794.40 million for the quarter, compared to the consensus estimate of $774.05 million. During the same quarter last year, the business posted $1.12 EPS. Stewart Information Services’s revenue for the quarter was up 18.7% on a year-over-year basis. Equities analysts anticipate that Stewart Information Services will post 6.29 EPS for the current fiscal year.

Insider Activity

In other Stewart Information Services news, Director C Allen Bradley, Jr. acquired 1,000 shares of the company’s stock in a transaction dated Tuesday, March 10th. The shares were bought at an average cost of $65.34 per share, with a total value of $65,340.00. Following the purchase, the director directly owned 21,243 shares of the company’s stock, valued at $1,388,017.62. This trade represents a 4.94% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.50% of the stock is owned by corporate insiders.

Institutional Trading of Stewart Information Services

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in STC. Royal Bank of Canada increased its position in Stewart Information Services by 2.4% in the 1st quarter. Royal Bank of Canada now owns 128,363 shares of the insurance provider’s stock valued at $9,158,000 after buying an additional 3,022 shares in the last quarter. AQR Capital Management LLC increased its position in Stewart Information Services by 6.0% in the 1st quarter. AQR Capital Management LLC now owns 8,583 shares of the insurance provider’s stock valued at $612,000 after buying an additional 483 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Stewart Information Services by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,105 shares of the insurance provider’s stock valued at $1,149,000 after buying an additional 712 shares in the last quarter. Jones Financial Companies Lllp increased its position in Stewart Information Services by 44,842.9% in the 1st quarter. Jones Financial Companies Lllp now owns 3,146 shares of the insurance provider’s stock valued at $224,000 after buying an additional 3,139 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Stewart Information Services by 10.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 85,522 shares of the insurance provider’s stock valued at $6,102,000 after buying an additional 7,923 shares in the last quarter. 96.90% of the stock is owned by institutional investors.

About Stewart Information Services

(Get Free Report)

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.

Further Reading

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