Stewart Information Services (NYSE: STC) issued its quarterly earnings data on Thursday. The company reported $2.56 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.30 by $1.26. The company had revenue of $521.00 million for the quarter, compared to the consensus estimate of $507.35 million. During the same quarter in the prior year, the company posted $0.11 earnings per share. The company’s quarterly revenue was up 17.1% on a year-over-year basis.
STC has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Stewart Information Services from an “outperform” rating to a “neutral” rating in a research note to investors on Friday, February 8th. They now have a $31.80 price target on the stock. Analysts at FBR Capital raised their price target on shares of Stewart Information Services from $30.00 to $35.00 in a research note to investors on Wednesday, December 5th. They now have an “outperform” rating on the stock.
Shares of Stewart Information Services (STC) traded down 6.02% during mid-day trading on Thursday, hitting $26.08. Stewart Information Services (STC) has a one year low of $12.40 and a one year high of $29.98. The stock’s 50-day moving average is currently $27.26. The company has a market cap of $504.7 million and a P/E ratio of 12.35.
Stewart Information Services Corporation (Stewart) is a real estate information, title insurance and transaction management company.
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