Stewart Information Services (NYSE:STC) Research Coverage Started at Benchmark

Benchmark began coverage on shares of Stewart Information Services (NYSE:STCFree Report) in a research report released on Tuesday morning, MarketBeat reports. The brokerage issued a buy rating and a $87.00 price objective on the insurance provider’s stock.

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

View Our Latest Research Report on Stewart Information Services

Stewart Information Services Stock Down 7.8%

Shares of Stewart Information Services stock opened at $64.28 on Tuesday. Stewart Information Services has a 52-week low of $57.10 and a 52-week high of $78.61. The company has a 50 day moving average of $67.10 and a 200 day moving average of $66.80. The company has a quick ratio of 2.12, a current ratio of 2.12 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $1.96 billion, a P/E ratio of 14.10 and a beta of 0.99.

Stewart Information Services (NYSE:STCGet Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The insurance provider reported $1.39 EPS for the quarter, missing analysts’ consensus estimates of $1.63 by ($0.24). The firm had revenue of $895.80 million during the quarter, compared to analysts’ expectations of $838.07 million. Stewart Information Services had a net margin of 4.12% and a return on equity of 10.14%. The company’s revenue for the quarter was up 24.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.34 earnings per share. As a group, research analysts forecast that Stewart Information Services will post 5.8 EPS for the current fiscal year.

Stewart Information Services Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were given 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 3.3%. Stewart Information Services’s payout ratio is 46.88%.

Insider Activity

In other news, Director C Allen Bradley, Jr. bought 1,000 shares of Stewart Information Services stock in a transaction dated Monday, June 1st. The stock was acquired at an average cost of $63.87 per share, with a total value of $63,870.00. Following the acquisition, the director owned 25,034 shares of the company’s stock, valued at approximately $1,598,921.58. This trade represents a 4.16% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 2.94% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in STC. Zimmer Partners LP purchased a new position in Stewart Information Services during the 4th quarter worth $24,901,000. Millennium Management LLC raised its holdings in shares of Stewart Information Services by 75.9% in the fourth quarter. Millennium Management LLC now owns 701,148 shares of the insurance provider’s stock valued at $49,263,000 after buying an additional 302,623 shares during the last quarter. Alyeska Investment Group L.P. purchased a new stake in shares of Stewart Information Services in the fourth quarter valued at about $21,078,000. Ghisallo Capital Management LLC purchased a new stake in shares of Stewart Information Services in the fourth quarter valued at about $19,673,000. Finally, Vanguard Group Inc. boosted its stake in shares of Stewart Information Services by 4.6% during the fourth quarter. Vanguard Group Inc. now owns 2,044,758 shares of the insurance provider’s stock worth $143,665,000 after buying an additional 90,233 shares during the period. Hedge funds and other institutional investors own 96.90% of the company’s stock.

Key Stewart Information Services News

Here are the key news stories impacting Stewart Information Services this week:

About Stewart Information Services

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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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Analyst Recommendations for Stewart Information Services (NYSE:STC)

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