Stewart Information Services Corporation (NYSE:STC – Get Free Report) Director Deborah Jane Matz purchased 1,000 shares of Stewart Information Services stock in a transaction dated Friday, October 23rd. The shares were purchased at an average price of $43.91 per share, for a total transaction of $43,910.00. Following the completion of the acquisition, the director owned 1,000 shares of the company’s stock, valued at approximately $43,910. The trade was a ? increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Stewart Information Services Stock Up 1.2%
Stewart Information Services stock opened at $43.47 on Wednesday. The business has a 50 day moving average of $59.71 and a 200-day moving average of $65.07. Stewart Information Services Corporation has a 1 year low of $42.73 and a 1 year high of $78.61.
Stewart Information Services (NYSE:STC – Get Free Report) last issued its quarterly earnings data on Wednesday, October 21st. The insurance provider reported $1.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.50 by ($0.17). The company had revenue of $900.70 million for the quarter, compared to analyst estimates of $903.67 million. During the same period in the previous year, the business posted $1.64 EPS. On average, sell-side analysts anticipate that Stewart Information Services Corporation will post 4.89 EPS for the current year.
Stewart Information Services Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were given a $0.55 dividend. This is an increase from Stewart Information Services’s previous quarterly dividend of $0.5250. The ex-dividend date was Tuesday, September 15th. This represents a $2.20 annualized dividend and a yield of 5.1%.
Analyst Ratings Changes
A number of equities analysts have recently commented on the stock. Citizens Jmp cut their price target on shares of Stewart Information Services from $80.00 to $75.00 and set a “market outperform” rating on the stock in a report on Monday, October 12th. Stephens reduced their price objective on shares of Stewart Information Services from $80.00 to $70.00 and set an “overweight” rating on the stock in a research note on Monday. Benchmark began coverage on Stewart Information Services in a report on Tuesday, July 21st. They issued a “buy” rating and a $87.00 price objective for the company. Keefe, Bruyette & Woods lowered Stewart Information Services from an “outperform” rating to a “market perform” rating and lowered their target price for the stock from $77.00 to $71.00 in a research report on Monday, July 27th. Finally, Wall Street Zen downgraded Stewart Information Services from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Four analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $75.75.
Check Out Our Latest Research Report on STC
Institutional Trading of Stewart Information Services
Several institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new stake in Stewart Information Services during the 2nd quarter valued at approximately $347,274,000. Bank of New York Mellon Corp bought a new position in Stewart Information Services during the 2nd quarter worth approximately $17,759,000. Bank of America Corp DE bought a new position in Stewart Information Services during the 2nd quarter worth approximately $10,991,000. Heartland Advisors Inc. acquired a new position in shares of Stewart Information Services in the 2nd quarter worth approximately $8,252,000. Finally, Empowered Funds LLC acquired a new position in shares of Stewart Information Services in the 2nd quarter worth approximately $8,211,000. 96.90% of the stock is currently owned by institutional investors.
Stewart Information Services News Summary
Here are the key news stories impacting Stewart Information Services this week:
- Positive Sentiment: Insider buying is the clearest positive catalyst. CEO Frederick Eppinger purchased 3,000 shares for approximately $133,350, while directors Deborah Jane Matz, Clifford Bradley Jr., William S. Corey Jr. and Thomas G. Apel collectively bought 7,000 shares. These purchases, made at prices ranging from $43.91 to $47.73, may signal that company insiders view STC as undervalued after its recent decline. CEO SEC filing Director SEC filing
- Positive Sentiment: Stephens maintained an “overweight” rating despite lowering its price target from $80 to $70. The revised target remains materially above recent trading levels, suggesting the analyst still sees substantial potential upside. Stephens analyst report
- Positive Sentiment: Stewart’s quarterly dividend was increased to $0.55 per share from $0.525, equating to a $2.20 annualized payout and a yield of approximately 5.1% at recent prices. The higher income return may help support valuation-oriented investors.
- Neutral Sentiment: Dowling & Partners issued a fiscal 2027 earnings estimate, but the available information does not disclose the forecast or indicate whether expectations changed. Fiscal 2027 earnings estimate
- Negative Sentiment: Recent quarterly results remain an overhang. Stewart reported EPS of $1.33 versus the $1.50 consensus estimate, while revenue of $900.7 million was slightly below expectations and EPS declined from $1.64 a year earlier.
- Negative Sentiment: The stock remains close to its 52-week low and well below its 50-day and 200-day moving averages, reflecting continued investor concern about near-term earnings and real-estate transaction conditions. Analyst sentiment is mixed, with a consensus rating of “Hold.”
About Stewart Information Services
Stewart Information Services Corporation (NYSE: STC) is a global provider of title insurance and real estate transaction services. Through its Stewart Title operations, the company helps protect property owners, lenders and other participants from losses arising from defects in a property’s title.
The company offers title searches and examinations, title insurance policies, escrow and closing services, settlement services, and related solutions for residential and commercial real estate transactions.
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