Stewart Information Services (NYSE:STC) Announces Earnings Results

Stewart Information Services (NYSE:STC) issued its quarterly earnings data on Wednesday. The insurance provider reported $1.39 earnings per share for the quarter, missing analysts’ consensus estimates of $1.63 by ($0.24), FiscalAI reports. Stewart Information Services had a net margin of 4.19% and a return on equity of 10.07%. The business had revenue of $895.80 million for the quarter, compared to analyst estimates of $838.07 million.

Stewart Information Services Stock Performance

NYSE STC traded down $0.62 during trading hours on Wednesday, reaching $69.51. The company’s stock had a trading volume of 196,678 shares, compared to its average volume of 227,967. The company has a current ratio of 2.12, a quick ratio of 2.12 and a debt-to-equity ratio of 0.39. The business has a 50-day simple moving average of $67.11 and a 200 day simple moving average of $66.84. Stewart Information Services has a 52 week low of $57.10 and a 52 week high of $78.61. The stock has a market cap of $2.11 billion, a PE ratio of 15.52 and a beta of 0.99.

Stewart Information Services Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a $0.525 dividend. The ex-dividend date of this dividend 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 currently 46.87%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Zacks Research upgraded Stewart Information Services to a “hold” rating in a research note on Wednesday, May 27th. Keefe, Bruyette & Woods cut their price target on shares of Stewart Information Services from $81.00 to $77.00 and set an “outperform” rating on the stock in a report on Thursday, June 25th. Weiss Ratings upgraded shares of Stewart Information Services from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, June 5th. Stephens reissued an “overweight” rating and issued a $88.00 target price on shares of Stewart Information Services in a research report on Monday, May 18th. Finally, Benchmark initiated coverage on shares of Stewart Information Services in a research report on Tuesday. They set a “buy” rating and a $87.00 price target on the stock. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $83.00.

Insider Activity at Stewart Information Services

In related news, Director C Allen Bradley, Jr. acquired 1,000 shares of Stewart Information Services stock in a transaction that occurred on Monday, June 1st. The stock was acquired at an average price of $63.87 per share, for a total transaction of $63,870.00. Following the transaction, the director directly owned 25,034 shares of the company’s stock, valued at $1,598,921.58. This trade represents a 4.16% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO David C. Hisey sold 10,992 shares of the company’s stock in a transaction on Friday, April 24th. The stock was sold at an average price of $71.28, for a total value of $783,509.76. Following the transaction, 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. Additional details regarding this sale are available in the official SEC disclosure. 2.94% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Stewart Information Services

Hedge funds and other institutional investors have recently modified their holdings of the company. Alliancebernstein L.P. boosted its stake in Stewart Information Services by 0.9% during the 3rd quarter. Alliancebernstein L.P. now owns 28,704 shares of the insurance provider’s stock valued at $2,105,000 after purchasing an additional 254 shares in the last quarter. Kestra Advisory Services LLC lifted its holdings in shares of Stewart Information Services by 9.7% in the fourth quarter. Kestra Advisory Services LLC now owns 3,959 shares of the insurance provider’s stock valued at $278,000 after buying an additional 351 shares during the period. California State Teachers Retirement System lifted its holdings in shares of Stewart Information Services by 1.5% in the second quarter. California State Teachers Retirement System now owns 25,582 shares of the insurance provider’s stock valued at $1,665,000 after buying an additional 368 shares during the period. Mariner LLC lifted its holdings in shares of Stewart Information Services by 6.9% in the fourth quarter. Mariner LLC now owns 6,304 shares of the insurance provider’s stock valued at $443,000 after buying an additional 406 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC boosted its stake in Stewart Information Services by 0.3% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 133,547 shares of the insurance provider’s stock valued at $9,792,000 after buying an additional 447 shares in the last quarter. Institutional investors and hedge funds 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.