Stewart Information Services (NYSE:STC – Free Report) had its price target raised by Keefe, Bruyette & Woods from $81.00 to $82.00 in a research note published on Monday,Benzinga reports. Keefe, Bruyette & Woods currently has an outperform rating on the insurance provider’s stock.
Other equities analysts also recently issued reports about the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Stewart Information Services in a research note on Monday, December 29th. Wall Street Zen downgraded shares of Stewart Information Services from a “buy” rating to a “hold” rating in a report on Sunday. Finally, Citizens Jmp began coverage on shares of Stewart Information Services in a research report on Monday, February 2nd. They set a “market outperform” rating and a $80.00 price target on the stock. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $81.00.
Check Out Our Latest Analysis on STC
Stewart Information Services Trading Down 1.4%
Stewart Information Services (NYSE:STC – Get Free Report) last issued its earnings results on Wednesday, February 4th. The insurance provider reported $1.65 earnings per share (EPS) 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 during the quarter, compared to analysts’ expectations of $774.05 million. During the same period in the prior year, the business earned $1.12 EPS. The firm’s quarterly revenue was up 18.7% on a year-over-year basis. Analysts expect that Stewart Information Services will post 6.29 EPS for the current fiscal year.
Stewart Information Services Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 15th were issued a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 3.0%. The ex-dividend date was Monday, December 15th. Stewart Information Services’s dividend payout ratio (DPR) is 51.98%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently modified their holdings of the company. Caitlin John LLC purchased a new stake in shares of Stewart Information Services in the 3rd quarter valued at $31,000. GAMMA Investing LLC grew its position in Stewart Information Services by 138.3% in the 3rd quarter. GAMMA Investing LLC now owns 741 shares of the insurance provider’s stock valued at $54,000 after acquiring an additional 430 shares in the last quarter. Exchange Traded Concepts LLC acquired a new position in Stewart Information Services in the 4th quarter valued at about $65,000. Horizon Investments LLC purchased a new stake in Stewart Information Services during the fourth quarter worth about $65,000. Finally, Clearstead Advisors LLC lifted its position in shares of Stewart Information Services by 50.9% during the fourth quarter. Clearstead Advisors LLC now owns 981 shares of the insurance provider’s stock worth $69,000 after purchasing an additional 331 shares in the last quarter. 96.90% of the stock is currently owned by hedge funds and other institutional investors.
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.
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