Stewart Information Services (NYSE:STC) Now Covered by Benchmark

Benchmark started coverage on shares of Stewart Information Services (NYSE:STC) in a research note published on Tuesday, Marketbeat Ratings reports. The firm issued a buy rating and a $87.00 price target on the insurance provider’s stock.

Several other equities analysts also recently weighed in on STC. Keefe, Bruyette & Woods decreased their target price on Stewart Information Services from $81.00 to $77.00 and set an “outperform” rating on the stock in a research report on Thursday, June 25th. Stephens reiterated an “overweight” rating and set a $88.00 price target on shares of Stewart Information Services in a research report on Monday, May 18th. Weiss Ratings raised Stewart Information Services from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, June 5th. Zacks Research upgraded Stewart Information Services to a “hold” rating in a report on Wednesday, May 27th. Finally, Wall Street Zen raised shares of Stewart Information Services from a “hold” rating to a “buy” rating in a research note on Saturday, April 25th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $83.00.

Stewart Information Services Stock Up 0.6%

Shares of NYSE STC opened at $70.22 on Tuesday. The firm has a market cap of $2.14 billion, a price-to-earnings ratio of 15.67 and a beta of 0.99. The company’s 50-day simple moving average is $67.11 and its 200-day simple moving average is $66.84. The company has a quick ratio of 2.12, a current ratio of 2.12 and a debt-to-equity ratio of 0.39. Stewart Information Services has a 52-week low of $57.10 and a 52-week high of $78.61.

Stewart Information Services (NYSE:STC) last posted its quarterly earnings data on Wednesday, April 22nd. The insurance provider reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.52 by $0.26. Stewart Information Services had a return on equity of 10.07% and a net margin of 4.19%.The company had revenue of $778.40 million for the quarter, compared to analysts’ expectations of $730.43 million. During the same period in the previous year, the firm posted $0.25 EPS. Stewart Information Services’s revenue was up 27.7% compared to the same quarter last year. Equities analysts predict that Stewart Information Services will post 5.8 EPS for the current fiscal year.

Stewart Information Services Dividend Announcement

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

Insiders Place Their Bets

In related news, Director C Allen Bradley, Jr. acquired 1,000 shares of the stock in a transaction on Monday, June 1st. The shares were bought at an average price of $63.87 per share, with a total value of $63,870.00. Following the completion of the purchase, the director owned 25,034 shares of the company’s stock, valued at approximately $1,598,921.58. This represents a 4.16% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO David C. Hisey sold 10,992 shares of the company’s stock in a transaction on Friday, April 24th. The shares were sold at an average price of $71.28, for a total value of $783,509.76. Following the completion of the sale, the chief financial officer owned 61,929 shares of the company’s stock, valued at approximately $4,414,299.12. The trade was a 15.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 2.94% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd acquired a new stake in Stewart Information Services during the fourth quarter worth about $43,000. Exchange Traded Concepts LLC purchased a new position in Stewart Information Services during the fourth quarter worth about $65,000. Horizon Investments LLC acquired a new position in Stewart Information Services in the 4th quarter valued at about $65,000. Kemnay Advisory Services Inc. acquired a new position in Stewart Information Services in the 4th quarter valued at about $66,000. Finally, Clearstead Advisors LLC grew its stake in shares of Stewart Information Services by 50.9% in the 4th quarter. Clearstead Advisors LLC now owns 981 shares of the insurance provider’s stock valued at $69,000 after buying an additional 331 shares during the period. 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.