Investors Title (NASDAQ:ITIC – Get Free Report) posted its quarterly earnings data on Thursday. The insurance provider reported $4.41 earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $70,630 billion for the quarter. Investors Title had a return on equity of 10.99% and a net margin of 11.83%.
Investors Title Price Performance
Shares of NASDAQ ITIC traded down $4.25 during trading hours on Friday, reaching $227.53. The stock had a trading volume of 5,697 shares, compared to its average volume of 12,353. The business’s fifty day moving average is $235.36 and its two-hundred day moving average is $235.64. The company has a market cap of $427.76 million, a price-to-earnings ratio of 15.06 and a beta of 0.91. Investors Title has a twelve month low of $146.41 and a twelve month high of $290.40.
Wall Street Analysts Forecast Growth
Separately, StockNews.com cut Investors Title from a “buy” rating to a “hold” rating in a research note on Tuesday.
About Investors Title
Investors Title Company engages in the issuance of residential and commercial title insurance for residential, institutional, commercial, and industrial properties. The company underwrites land title insurance for owners and mortgagees as a primary insurer; and assumes the reinsurance of title insurance risks from other title insurance companies.
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