Stewart Information Services (NYSE:STC – Get Free Report) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report issued on Sunday.
A number of other research analysts also recently commented on STC. Citizens Jmp assumed coverage on shares of Stewart Information Services in a report on Monday, February 2nd. They issued a “market outperform” rating and a $80.00 price target for the company. Keefe, Bruyette & Woods upgraded Stewart Information Services from a “market perform” rating to an “outperform” rating and set a $81.00 target price for the company in a report on Monday, January 26th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Stewart Information Services in a research note on Monday, December 29th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $80.50.
Check Out Our Latest Stock Analysis on STC
Stewart Information Services Price Performance
Stewart Information Services (NYSE:STC – Get Free Report) last issued 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 firm had revenue of $794.40 million for the quarter, compared to analysts’ expectations of $774.05 million. Stewart Information Services had a net margin of 3.95% and a return on equity of 9.32%. The business’s quarterly revenue was up 18.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.12 EPS. On average, sell-side analysts forecast that Stewart Information Services will post 6.29 EPS for the current year.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the company. Royal Bank of Canada grew 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 during the last quarter. AQR Capital Management LLC increased its holdings in Stewart Information Services by 6.0% during the 1st quarter. AQR Capital Management LLC now owns 8,583 shares of the insurance provider’s stock valued at $612,000 after acquiring an additional 483 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Stewart Information Services by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,105 shares of the insurance provider’s stock worth $1,149,000 after purchasing an additional 712 shares during the last quarter. Jones Financial Companies Lllp lifted its position in shares of Stewart Information Services by 44,842.9% in the first quarter. Jones Financial Companies Lllp now owns 3,146 shares of the insurance provider’s stock valued at $224,000 after acquiring an additional 3,139 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings 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 purchasing an additional 7,923 shares in the last quarter. Hedge funds and other institutional investors 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.
See Also
- Five stocks we like better than Stewart Information Services
- NEW LAW: Congress Approves Setup For Digital Dollar?
- The $650 Million Bet on AI’s Future
- The gold chart Wall Street is terrified of…
- Trump’s AI Secret: 100X Faster Than Nvidia
- Your Bank Account Is No Longer Safe
Receive News & Ratings for Stewart Information Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stewart Information Services and related companies with MarketBeat.com's FREE daily email newsletter.
